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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

BTC/USD soars with Trump, break above 745 targets 780

Nov 09, 2016 07:11 am UTC| Digital Currency

BTC/USD has picked up momentum after trading flat for couple of days. The pair has hit 738 levels so far in the day and is trading at 734 levels at the time of writing (Bitstamp). The recent surge coincides with the...

Digital Currency Revolution

BTC/EUR trades slightly above 61.8% fibo, jump till 700 likely

Nov 09, 2016 06:32 am UTC| Digital Currency

BTC/EUR is seen trading upwards on Wednesday. The pair breaks minor resistance around 649 and jumped till 666 levels (COINBASE). It is currently trading around 660 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

TIGTA recommends IRS to develop coordinated virtual currency strategy

Nov 09, 2016 05:53 am UTC| Digital Currency

In a report, the Treasury Inspector General for Tax Administration (TIGTA) has highlighted the loopholes in the Internal Revenue Services (IRS) strategy for addressing income produced through virtual currencies. The...

Digital Currency Revolution

Coinbase redesigns website with more added features

Nov 09, 2016 05:18 am UTC| Digital Currency

Coinbase, a San Francisco-based leading bitcoin exchange and wallet service, has redesigned its website with more added features in a move to become a fully-featured digital asset platform. With this redesign, we have...

Digital Currency Revolution

Bitcoin trading platform Gemini expands to Japan and South Korea

Nov 09, 2016 04:31 am UTC| Digital Currency

Gemini, a New York-based bitcoin exchange led by Winklevoss brothers, announced the expansion of its services to Japan and the Republic of Korea. The move follows its recent expansion in Asian countries including Hong...

Digital Currency Revolution

DASH/USDT trades well above 200- day MA, jump till USDT 11.30 likely

Nov 08, 2016 12:31 pm UTC| Digital Currency

DASH/USDT is seen trading well above on Tuesday. The pair breaks major psychological resistance USDT10 and jumped till USDT10.54 levels (Poloniex). It is currently trading around USDT10.34 at the time of...

Digital Currency Revolution

FxWirePro: BTC/SGD faces strong resistance at 61.8% fibo, good to buy on dips

Nov 08, 2016 10:39 am UTC| Digital Currency

BTC/SGD pair has slightly declined after jumping till 999 on Nov 6th, 2016 (ITBIT). It is currently trading around 976.31 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

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Economy

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...