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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

FxWirePro: BTC/USD inches closer to trend line resistance at 940, good to go long on break above

Jan 31, 2017 08:45 am UTC| Digital Currency

BTC/USD is moving higher after trading rangebound from the past couple of days. It is currently trading at 934 levels, just shy of trend line joining 628.99 and 745.19 (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 60 –day EMA, good to buy on dips

Jan 31, 2017 08:30 am UTC| Digital Currency

BTC/EUR is seen trading high on Tuesday and consolidates in anarrow range between 825.90 and 869 for the past five trading days (COINBASE). It is currently trading around 875.42 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

European Commission mulls introducing transaction limits on cryptocurrencies

Jan 31, 2017 07:20 am UTC| Digital Currency

The European Commission has published an impact assessment that proposes an introduction of a restriction of cash payments to reinforce the EU framework on the prevention of terrorism financing. According to the...

Digital Currency Revolution

Bitcoin startup BitPesa raises $2.5m in Series A round

Jan 31, 2017 05:24 am UTC| Digital Currency

BitPesa, a Kenya-based bitcoin payments startup, has raised $2.5 million in a new Series A round led by Draper VC, and drawing support from Greycroft Partners, Blockchain Capital, BnkToTheFuture, Digital Currency Group,...

Digital Currency Revolution

FxWirePro: BTC/CNY trades in narrow range, slight bullishness only above 6600

Jan 30, 2017 12:29 pm UTC| Digital Currency

BTC/CNY is seen trading slightly above on Monday. The pair is trading in anarrow range between 6390 and 6157 for the past five trading sessions (BTCCHINA). It is currently trading around 6379 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 7-DMA, break below 21-DMA targets 9.50

Jan 30, 2017 11:24 am UTC| Digital Currency

ETH/USD continues to trade in a narrow range between 10.40 and 10.60 levels on Monday. It is currently trading at 10.45 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 10.78 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP trades in narrow range, bias remains neutral

Jan 30, 2017 10:36 am UTC| Digital Currency

BTC/GBP trades flat on Monday as China celebrated Lunar New Year holidays over the weekend. It is currently trading at 734 levels at press times (Coinbase). Ichimoku analysis of daily chart: Tenkan Sen: 736 Kijun...

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Economy

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

IMF Forecasts Global Inflation Decline as Growth Remains Resilient

Global inflation is expected to continue its downward trend over the coming years, according to new projections from the International Monetary Fund (IMF). The IMF estimates that global inflation will fall to 3.8% this...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand

JPMorgan has raised its year-end 2026 gold price forecast to an ambitious $6,300 per ounce, reinforcing its bullish outlook on the precious metal despite recent market volatility. The bank points to sustained and...

Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook

The Philippines manufacturing sector showed a notable rebound at the start of the year, as the SP Global Philippines Manufacturing Purchasing Managers Index (PMI) climbed to a nine-month high of 52.9 in January, up from...

Politics

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand

Nvidia CEO Jensen Huang praised and gently pushed Taiwans leading technology suppliers to ramp up production, highlighting the intense global demand for artificial intelligence hardware during a high-profile visit to the...

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...