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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: DASH/ USDT faces strong resistance at 10 level, good to sell on rallies

Nov 07, 2016 12:47 pm UTC| Digital Currency

DASH/USDT breaks slightly above 200 day MA and jumped till USDT9.799 levels (Poloniex). It is currently trading around USDT9.48 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

ETH/USD takes support near 10-DMA, close below confirms further weakness

Nov 07, 2016 12:01 pm UTC| Digital Currency

ETH/USD is continuing its downtrend after hitting 11.24 levels on November 05. It is currently trading at 10.90 levels (Kraken). Long term trend: neutral Ichimoku analysis (Daily chart): Tenkan-Sen...

Digital Currency Revolution

BTC/GBP faces resistance at 10-DMA, break above targets 611

Nov 07, 2016 11:52 am UTC| Digital Currency

BTC/GBP is struggling to break above 10-day MA and is currently trading at 571.20 levels (Coinbase). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

FxWirePro: BTC/SGD faces psychological resistance at 1000, good to buy on dips

Nov 07, 2016 11:35 am UTC| Digital Currency

BTC/SGD is seen trading slightly below on Monday. The pair recovered till 999 after forming a bottom at 936 on Nov 3rd, 2016 (ITBIT). It is currently trading around 970 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: ETH/EUR struggles to close above 10 level, good to sell on rallies

Nov 07, 2016 10:15 am UTC| Digital Currency

ETH/EUR is seen trading below in red on Monday. The pair is trading in anarrow range between 10.30 and 9.32 for the past seven trading sessions (KRAKEN). It is currently trading around 9.77 at the time of...

Digital Currency Revolution

BTC/EUR holds above 600 level, jump till 673 likely

Nov 07, 2016 08:54 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Monday. The pair jumped sharply after making a temporary bottom around 610 on 3rd Nov 2016 (COINBASE). It is currently trading around 644.45 at the time of writing. Ichimoku...

Digital Currency Revolution

BTC/USD takes support near 700, jump till 745 likely

Nov 07, 2016 07:37 am UTC| Digital Currency

BTC/USD is gradually moving up after falling to 670.32 levels on November 03. It is currently trading at 707.29 levels (Bitstamp). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily...

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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...