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Digital Currency Revolution

Bitcoin bears surpass $6,000 mark, further bearish skepticism persists as cyber-security expert reckons cryptocurrency to hinder U.S. elections

Jun 29, 2018 11:58 am UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin prices soared during Donal Trumps victory back in 2016. But for now, Bitcoin is continuously breaking its lowest points of 2018. BTC is currently trading at the price of $5,885. After fighting the resistance,...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – June 29th, 2018

Jun 29, 2018 11:48 am UTC| Digital Currency

Bithumb claims recovery of $14M in hacked cryptocurrencies South Koreas cryptocurrency exchange Bithumb has claimed that it was able to significantly reduce the damages resulting from the recent hack on its platform,...

Digital Currency Revolution

Templum Markets seeks to boost transparency in tokenized securities marketplace with CUSIP identifiers

Jun 29, 2018 11:03 am UTC| Digital Currency

Templum Markets, a registered token trading platform, is collaborating with CUSIP Global Services (CGS) to bring industry standard CUSIP identifiers to the tokenized securities marketplace. CGS is a provider of unique...

FxWirePro: A Brief Look At Ontology With Daily Technical Analysis Of ONT/USD

Jun 29, 2018 10:43 am UTC| Digital Currency

Ontology Ontology is a new high-performance public blockchain project. The main problem in public blockchain is scalability and Onotology addresses this problem using distributed trust collaboration platform. Ontology...

Digital Currency Revolution

FxWirePro: ETH/USD drops to near 400 levels, bias bearish, stay short

Jun 29, 2018 10:02 am UTC| Digital Currency

ETH/USD continued its downtrend on Friday and dropped to near 400 levels. It is currently trading at 415 levels at the time of writing (Coinbase). On the upside, resistance is seen at 442 (7-DMA) and a break above would...

FxWirePro: ETH/EUR breaks strong trendline support at 365, eyes 88.6% Fib at 329

Jun 29, 2018 09:56 am UTC| Digital Currency Technicals

ETH/EUR has broken strong trendline support at 365 level to hit 2-month lows at 349 levels. The pair has been trading with bearish bias, break below 365 is likely to see resumption of weakness. Price action...

FxWirePro: ETH/EUR breaks strong trendline support at 365, eyes 88.6% Fib at 329

Jun 29, 2018 09:56 am UTC| Digital Currency Technicals

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Economy

Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh

Oil prices were mostly steady during Asian trading on Friday, yet both benchmark crude contracts remained on track for weekly losses after a sharp selloff in the previous session. Brent crude futures for April delivery...

Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth

Federal Reserve Governor Stephen Miran cautioned that the central banks current monetary policy stance could pose a significant risk to U.S. economic growth. Speaking at a Dallas Fed event on Thursday, Miran argued that...

Japan, U.S. Speed Up Talks on $550 Billion Investment Deal Amid Tariff Pressure

Japan and the United States have agreed to accelerate negotiations on the first round of projects under Tokyos $550 billion investment package, as both sides work to resolve outstanding issues. Japanese Trade Minister...

Yen Surges After Takaichi Election Win as Markets Eye U.S. Inflation Data

The Japanese yen is on track for its strongest weekly performance in nearly 15 months after Prime Minister Sanae Takaichis historic election victory eased investor concerns about Japans fiscal stability. The currency has...

Japan Signals Openness to Gradual BOJ Rate Hikes as Deflation Era Ends

Japans government may not need to appoint reflation advocates to upcoming vacancies on the Bank of Japan (BOJ) board, signaling potential support for gradual interest rate hikes as the country moves beyond decades of...

Politics

Federal Judge Blocks Trump Administration’s $600 Million Public Health Funding Cuts to Democratic-Led States

A federal judge in Chicago has temporarily blocked the Trump administration from moving forward with $600 million in proposed public health funding cuts affecting four Democratic-led states. The ruling marks the latest...

U.S.–Taiwan Trade Agreement Sets 15% Tariff, Boosts Energy and Semiconductor Investment

The United States and Taiwan have finalized a reciprocal trade agreement that sets a 15% U.S. tariff rate on imports from Taiwan while paving the way for lower Taiwanese tariffs on nearly all American goods. The deal,...

Trump Ends Minnesota Deportation Surge After Protests and Political Backlash

President Donald Trump has agreed to wind down the controversial immigration enforcement effort known as Operation Metro Surge in Minnesota, marking a rare policy reversal amid mounting protests and bipartisan criticism....

Zelenskiy Signals Support for U.S. Peace Plan as Trump Pushes Russia-Ukraine War Deal

Ukrainian President Volodymyr Zelenskiy has reaffirmed Kyivs willingness to support U.S.-led peace proposals aimed at ending the Russia-Ukraine war, as President Donald Trump intensifies efforts to broker a resolution...

Australian Liberal Party to Elect New Leader After Sussan Ley Loses Party Room Vote

Australias Liberal Party is set to elect a new leader after opposition leader Sussan Ley lost a crucial party room vote, according to a report by the Australian Broadcasting Corporation (ABC) on Friday. The leadership...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...