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Digital Currency Revolution

FxWirePro: BTC/USD tries to hold above 6000, bias bearish, stay short

Jun 27, 2018 07:19 am UTC| Digital Currency

BTC/USD is trading in a close range on Wednesday as it tries to hold above 6000 levels. It is currently trading at 6067 levels at the time of writing (Bitstamp). On the topside, the pair faces resistance at 6212 (7-DMA)...

Digital Currency Revolution

American Nobel Laureate calls Bitcoin as 'Speculative bubble and Epidemic of Enthusiasm'

Jun 27, 2018 06:55 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Since the launch of the modern world invention in global Fin Tech world, Bitcoin and other the digital asset has been striking the chord in the widespread attention of various prominent financial institution, central banks...

Digital Currency Revolution

ING Survey: Cryptocurrency investment riskier than stock market, real estate, government bonds, cash

Jun 27, 2018 06:47 am UTC| Digital Currency

A recent study conducted by Ipsos on behalf of ING Bank reveals how cryptocurrencies such as bitcoin are perceived across Europe, Australia and the U.S. The ING International Survey Mobile Banking 2018 was conducted on...

Blockchain Revolution Series

70 pct of capital markets IT providers working on blockchain pilots: Nasdaq-Celent Report

Jun 27, 2018 05:58 am UTC| Digital Currency

Almost all market infrastructure (MI) providers in capital markets are involved in the development of distributed ledger technology (DLT) projects through partnerships, joint ventures, and industry consortia, a new study...

Initial Coin Offering Series

Digital Currency Revolution

What Drives Facebook to Liberalise Ban on Cryptocurrency Advertising

Jun 27, 2018 05:51 am UTC| Digital Currency Research & Analysis Fintech Insights & Views Commentary

Facebook appears to have loosened their restrictions on Cryptocurrency and ICO space, at least for a lucky few pre-approved platforms and exchanges. Facebook is recognizing the fact these are seemingly regulated securities...

Blockchain Revolution Series

Luxoft integrates identity management applications on R3’s Corda blockchain platform

Jun 27, 2018 05:08 am UTC| Digital Currency

Global IT service provider Luxoft has partnered with enterprise software firm R3 and announced its plans to integrate identity management applications on Corda, R3s blockchain platform. With this partnership, Luxoft...

Blockchain Revolution Series

Newly formed working group to assist Swiss blockchain firms open bank accounts

Jun 27, 2018 04:19 am UTC| Digital Currency

A working group has been set up in Switzerland in order to help blockchain companies open bank accounts, CoinTelegraph reported referring to a report from local news source cash.ch. The Financial Director of Zug, Heinz...

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Economy

Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment

Oil prices moved higher in Asian trading on Thursday as ongoing geopolitical tensions between the United States and Iran kept a risk premium firmly embedded in crude markets. Investors closely monitored developments in the...

Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical...

Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes

Asian stocks surged to fresh record highs on Thursday, supported by a rally in technology shares and renewed investor confidence across the region. South Korean and Japanese equities led gains in early trading, pushing...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

U.S. Stock Futures Steady as Strong Jobs Data Clouds Fed Rate Cut Outlook

U.S. stock futures were little changed Wednesday evening following a muted session on Wall Street, as investors weighed a stronger-than-expected jobs report that dampened expectations for near-term Federal Reserve rate...

Politics

Trump Urges Pardon for Netanyahu Amid Ongoing Corruption Trial

U.S. President Donald Trump has renewed calls for Israeli Prime Minister Benjamin Netanyahu to receive a presidential pardon over his ongoing corruption trial, criticizing Israeli President Isaac Herzog for not taking...

Trump Signals Urgency for U.S.-Iran Deal, Warns of “Traumatic” Consequences Without Agreement

President Donald Trump emphasized the urgent need for a new U.S.-Iran deal on Thursday, warning that failure to reach an agreement could lead to very traumatic consequences. Speaking to reporters, Trump underscored the...

Mark Carney to Attend Tumbler Ridge Vigil After Tragic British Columbia School Shooting

Canadian Prime Minister Mark Carney will travel to Tumbler Ridge, British Columbia, on Friday to attend a vigil honoring the victims of one of Canadas deadliest mass shootings. The visit comes at the invitation of the...

Trump to Unveil Multi-Billion Dollar Gaza Reconstruction Plan and U.N.-Backed Stabilization Force

President Donald Trump is set to announce a multi-billion dollar Gaza reconstruction plan and outline the deployment of a United Nations-authorized stabilization force during the first formal meeting of his newly formed...

House Votes to End Trump’s Canada Tariff Emergency, Senate Showdown Looms

The U.S. House of Representatives voted Wednesday evening to terminate the national emergency declared by President Donald Trump to impose tariffs on Canada, marking a significant development in the ongoing debate over...

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...