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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/EUR breaks major resistance 615, jump till $635/$656 likely

Jul 01, 2016 06:17 am UTC| Digital Currency

BTC/EUR is seen trading higher on Friday. The pair has broken major resistance 610 (Jun 27th high) and jumped till 615 levels (CEXIO). It is currently trading at 614.99 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

BTC/USD faces strong resistance at $685, break above targets $731/$765

Jul 01, 2016 06:14 am UTC| Digital Currency

BTC/USD has recovered sharply after making a low of $628 yesterday. It is currently trading at $679 (BITSTAMP). Ichimoku analysis (4 Hour chart): Tenkan-Sen level: $653 Kijun-Sen level: $648 Trend reversal...

Digital Currency Revolution

Digital currency LSK gets listed on several exchanges and financial services

Jul 01, 2016 05:40 am UTC| Digital Currency

Lisk, the open source blockchain application platform, has announced that the digital currency LSK is growing at a tremendous speed, driven by mass adoptionby many services, including conversion services and exchanges....

Digital Currency Revolution

LTC/USD turns green, further bullishness above 90 EMA

Jun 30, 2016 12:23 pm UTC| Digital Currency

LTC/USD turned positive on Thursday, following the downtrend seen from the past two days. It has hit a high of 4.06 levels and continues to hover around this level. Ichimoku analysis of daily chart shows: Tenkan-Sen...

Digital Currency Revolution

WRIT Media Group develops new plans for Pelecoin’s blockchain technology

Jun 30, 2016 12:10 pm UTC| Digital Currency

The U.S.-based WRIT Media Group has announced its plans to develop additional strategies for the Pelecoins blockchain technology. The company formally launchedPelecoinearlier this week, which it acquired through the...

Digital Currency Revolution

ETH/USD outlook weak in short-term, dip till $10 likely

Jun 30, 2016 12:07 pm UTC| Digital Currency

ETH/USD traded weak on Thursday, falling to $12.21 levels. It currently trades slightly up at $12.37 levels (Kraken) at the time of writing. The pair saw a massive drop on Tuesday, where it fell from $14.10 levels to...

Digital Currency Revolution

FxWirePro: LTC/EUR faces strong support at 3.52, good to sell on rallies

Jun 30, 2016 11:44 am UTC| Digital Currency

LTC/EUR is seen trading high above in green on Thursday and faces strong support. The pair has once again slightly recovered after making a low of 3.63 levels (BTCE). It is currently trading around 3.7390 at the time of...

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Economy

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...

Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes

Asian currencies traded in a narrow range on Friday as the U.S. dollar rebounded modestly from a near four-year low, following comments from U.S. President Donald Trump that he would announce his nominee for the next...

Politics

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...

U.S. Approves Over $6.5 Billion in Military Sales to Israel Across Three Defense Contracts

The United States has approved more than $6.5 billion in potential military sales to Israel through three separate defense contracts, according to announcements released by the Pentagon on Friday. The approvals, granted by...

Syria-Kurdish Ceasefire Marks Historic Step Toward National Unity

The Syrian government and Kurdish-led forces have reached a landmark ceasefire agreement that sets out a phased integration of Kurdish fighters into state institutions, easing fears of a major military confrontation in...

Putin Envoy Kirill Dmitriev to Visit Miami for Talks With Trump Administration Officials

Russian President Vladimir Putins special envoy, Kirill Dmitriev, is expected to travel to Miami on Saturday for meetings with members of U.S. President Donald Trumps administration, according to two sources familiar with...

Kevin Warsh’s Fed Nomination Raises Questions Over Corporate Ties and U.S.–South Korea Trade Tensions

Kevin Warsh, President Donald Trumps nominee to lead the Federal Reserve, is drawing renewed scrutiny over his corporate affiliations as trade tensions between the United States and South Korea escalate. Warsh, a former...

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...