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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

LexisNexis Risk Solutions, Elliptic team up to fight illicit bitcoin uses

Aug 03, 2016 08:02 am UTC| Digital Currency

LexisNexis Risk Solutions, a company that provides banks with anti-money laundering (AML) controls, has collaborated with blockchain intelligence firm Elliptic in order to curtail the illicit uses of bitcoin in drug...

Digital Currency Revolution

United Pharmacies accepts bitcoins for online purchases

Aug 03, 2016 06:52 am UTC| Digital Currency

United Pharmacies, an online seller of generic drugs and brand name medicine, has started accepting bitcoins as a payment to purchase online drugs for all medical needs. In order to celebrate the launch of the new...

Digital Currency Revolution

Cryptocurrency exchange Bitfinex hacked, around 120k BTC reportedly stolen

Aug 03, 2016 05:16 am UTC| Digital Currency

The cryptocurrency ecosystem is once again under a major hack, and this time the target is Hong Kong-based digital currency exchange Bitfinex. In an official statement posted on its website, Bitfinex said that it has...

Digital Currency Revolution

BTC/EUR faces strong support at 200-day MA, daily close below targets 400

Aug 03, 2016 04:19 am UTC| Digital Currency

BTC/EUR is seen trading above on Wednesday after witnessing a plunge. The pair has broken major psychological support at 500 and declined till 427 levels (CEXIO) yesterday. It is currently trading at 489.20 at the time of...

Digital Currency Revolution

FxWirePro: BTC/USD recovers from 2-month low of $465, good to sell on rallies

Aug 03, 2016 03:59 am UTC| Digital Currency

BTC/USD broke major support at $540 and declined till $465 yesterday. It is currently trading at $540 (Bitstamp) at the time of writing. Ichimoku analysis (Daily chart): Tenkan-Sen level: $563 Kijun-Sen level:...

Digital Currency Revolution

FxWirePro: LTC/EUR faces strong support at 200-day MA, close below targets 3/2.76

Aug 02, 2016 11:38 am UTC| Digital Currency

LTC/EUR is seen facing a strong support trading low in red on Tuesday. The pair has broken major support 3.35 and declined till $3.295 levels (BTCE). It is currently trading around 3.36 at the time of writing. Ichimoku...

Digital Currency Revolution

LTC/USD breaks below 200 DMA at 3.70, decline till 3 likely

Aug 02, 2016 11:38 am UTC| Digital Currency

LTC/USD plunged further on Tuesday, breaking below the 200 day MA briefly and hitting a low of 3.67 levels today. It is currently trading at 3.71 levels at the time of writing (BTC-e). Ichimoku analysis of daily...

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Economy

India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures

Indias central government is set to present its annual budget on Sunday, a closely watched event as Prime Minister Narendra Modis administration seeks to accelerate domestic reforms while navigating rising global...

China Home Prices Rise in January as Government Signals Stronger Support for Property Market

Average prices of new homes across 100 major Chinese cities recorded an increase in January, while price declines in the secondary housing market continued to narrow, according to a private survey. The data suggests early...

South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years

South Koreas exports recorded a strong start to the year, rising for an eighth consecutive month in January and posting their fastest growth in four and a half years, driven largely by booming global demand for AI servers...

Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals

Russian stocks finished Saturdays trading session slightly lower overall, with the benchmark MOEX Russia Index closing unchanged at 0.00% in Moscow. Market sentiment remained cautious as investors weighed mixed...

China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook

Chinas factory activity contracted at the start of the year, highlighting persistent pressure from weak domestic demand despite continued policy support from Beijing. An official survey released on Saturday showed that...

Politics

Trump Says Fed Pick Kevin Warsh Could Win Democratic Support in Senate Confirmation

U.S. President Donald Trump has expressed confidence that his nominee to lead the Federal Reserve, Kevin Warsh, could secure votes from Senate Democrats during what is expected to be a closely watched and potentially...

Christian Menefee Wins Texas Special Election, Narrowing GOP House Majority

Democrat Christian Menefee has won a Texas special election for the U.S. House of Representatives, according to the Associated Press, a result that further tightens Republicans slim majority in the chamber. Menefees...

Trump’s Iraq Envoy Mark Savaya Ousted Amid U.S.-Iraq Tensions Over Iran Influence

Mark Savaya, who was named by U.S. President Donald Trump as special envoy for Iraq in October, is no longer serving in that role, according to multiple sources familiar with the decision. The reported removal comes at a...

Keir Starmer Urges Prince Andrew to Testify in U.S. Epstein Investigation

British Prime Minister Keir Starmer has called for former Prince Andrew to testify before a U.S. congressional committee following new revelations about his long-standing links to disgraced financier and convicted sex...

U.S. Government Enters Brief Shutdown as Congress Delays Funding Deal

The U.S. government entered a partial shutdown early Saturday after Congress failed to finalize a funding agreement before a midnight deadline, temporarily halting a range of federal operations. The shutdown officially...

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

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...

Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says

Nvidias ambitious plan to invest up to $100 billion in OpenAI, aimed at supporting the training and operation of next-generation artificial intelligence models, has reportedly hit a roadblock. According to a report...

Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI

A U.S. federal judge has signaled she may dismiss a high-profile lawsuit filed by Elon Musks artificial intelligence startup, xAI, against rival OpenAI, dealing a potential setback to Musk in an escalating legal battle...