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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

LTC/EUR struggles to break above 4, decline till 3.05 likely

Jul 14, 2016 07:56 am UTC| Digital Currency

LTC/EUR is seen struggling to move above on Thursday. The pair has slightly declined after making a high of 3.73 levels (BTCE). It is currently trading around 3.68 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/EUR struggles to close above 600, good to buy the dips

Jul 14, 2016 07:33 am UTC| Digital Currency

BTC/EUR is seen struggling to move above on Thursday. The pair is trading in anarrow range between 608 and 583 levels (CEXIO) for the past two trading session. It is currently trading at 593.27 at the time of...

Digital Currency Revolution

Virtual currencies pose a vital challenge for compliance with BSA/AML laws: US OCC

Jul 14, 2016 05:05 am UTC| Digital Currency

The US Office of the Comptroller of the Currency (OCC), the federal agency that charters, regulates, and supervises all national banks, has emphasized on the increase in the use of digital currencies by criminals for...

Digital Currency Revolution

FxWirePro: ETH/USD trades flat, good to sell on rallies

Jul 13, 2016 12:49 pm UTC| Digital Currency

ETH/USD is seen trading flat in green on Wednesday. The pair is consolidating in anarrow range between $10.79 and $10.37 (KRAKEN) for the past two trading session. It is currently trading around $10.55 at the time of...

Digital Currency Revolution

LTC/USD trades well above $4 level, jump till $4.53/$4.84 likely

Jul 13, 2016 11:23 am UTC| Digital Currency

LTC/USD is seen trading above on Wednesday. The pair has broken minor psychological resistance at $4 and jumped till $4.1580 (BTCE) yesterday. It is currently trading around $4.112 at the time of writing. Ichimoku...

Digital Currency Revolution

BTC/USD faces strong resistance at $685, break above targets $705/$730

Jul 13, 2016 07:39 am UTC| Digital Currency

BTC/USD is seen trading above in green on Wednesday. The pair has slightly retreated after making a high of $678 levels (BITSTAMP) yesterday. It is currently trading at $666.57 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

Storj and Counterparty partner to add support for payment channels

Jul 12, 2016 16:01 pm UTC| Digital Currency

Counterparty, a platform for free and open financial tools on the Bitcoin network, has teamed up with Storj, a decentralized cloud storage platform, to successfully develop payment channel technology for use on the...

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Economy

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...

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

The United States government was on track for a partial shutdown early Saturday after Congress failed to finalize a funding agreement before the midnight deadline. Although the U.S. Senate ultimately passed a bipartisan...

Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair

Gold and silver prices suffered a dramatic selloff on Friday after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to replace Jerome Powell as Fed chair, easing fears about the central banks...

Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets

Wall Street ended Friday on a weaker note as risk-off sentiment dominated trading, driven by hotter-than-expected U.S. inflation data, a dramatic sell-off in precious metals, and major political developments surrounding...

Politics

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...

Zelenskiy Awaits U.S. Details as Ukraine Prepares for Possible Peace Talks Next Week

Ukrainian President Volodymyr Zelenskiy said on Saturday that Ukraine is awaiting further information from the United States regarding upcoming peace talks, signaling that new diplomatic meetings could take place as early...

Minnesota Judge Rejects Bid to Halt Trump Immigration Enforcement in Minneapolis

A federal judge in Minnesota has declined to order an immediate halt to President Donald Trumps expanded immigration enforcement operation in Minneapolis, dealing a setback to state and local officials who accuse federal...

Venezuela Proposes Amnesty Law and Plans to Transform Helicoide Prison

Venezuelas interim president Delcy Rodríguez announced on Friday a proposed amnesty law aimed at releasing hundreds of prisoners and easing political tensions in the country. Speaking at an event held at the Supreme...

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...