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Blockchain Revolution Series

India’s NASSCOM inks MoU with Canada-based Blockchain Research Institute

Feb 27, 2018 03:12 am UTC| Digital Currency

The National Association of Software and Services Companies (NASSCOM) has signed a memorandum of understanding (MoU) with the Blockchain Research Institute (BRI), a Canada-based syndicated research initiative announced by...

FxWirePro: LTC/USD fails to close below 100-DMA, bias higher, good to go long on dips

Feb 26, 2018 11:26 am UTC| Technicals Digital Currency

LTC/USD has bounced off 20-DMA support in last weeks trade. The pair has broken above 5-DMA which is currently immediate support at 210 levels. The pair has failed to close below 100-DMA, bias...

FxWirePro: LSK/BTC flurry of bearish patterns props up price slumps below DMA and WMA, minor trend likely to dip further on bearish crossovers

Feb 26, 2018 06:30 am UTC| Technicals Digital Currency

Lisk at Bittrex forms shooting star and hanging man patterns that have shown their bearish effects. You could see price slumps below 7DMA, for now, more dips seem to be on cards upon bearish MACD DMA crossovers. 7DMA...

Digital Currency Revolution

FxWirePro: ETH/USD finds strong support at 100-DMA, break above channel top confirms minor bullishness

Feb 23, 2018 11:10 am UTC| Digital Currency

ETH/USD plunged to 780 levels as it failed to break above trend line resistance. It is currently trading at 861 levels at the time of writing (Kraken). On the upside, resistance is seen at 901 (convergence of 10-DMA and...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – February 23rd, 2018

Feb 23, 2018 10:32 am UTC| Digital Currency

UK Treasury launches inquiry into cryptocurrencies and DLT The U.K. Treasury on Thursday announced that it is launching an inquiry into digital currencies and distributed ledger technology (DLT). The inquiry has been...

Blockchain Revolution Series

Digital money platform Uphold acquires Cortex MCP

Feb 23, 2018 08:40 am UTC| Digital Currency

Uphold has acquired Cortex MCP, a leading mobile commerce and authentication company, as it strives to strengthen its digital money platform with secure payment applications. In addition, Uphold will also acquire...

Digital Currency Revolution

FxWirePro: BTC/USD drops below 10000 after rejection at channel top, good to go short on rallies

Feb 23, 2018 07:19 am UTC| Digital Currency

BTC/USD has dropped below the 10000 mark after it was rejected at channel top. It is currently trading at 9762 levels at the time of writing (Bitstamp). On the topside, the pair is likely to face resistance at 10043 (4h...

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Economy

Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation

Asian stock markets posted modest gains on Wednesday, led by a strong rally in Australian shares, as investors weighed softer-than-expected Chinese inflation data and awaited key U.S. jobs figures that could influence...

Asian Currencies Rise as Dollar Weakens Ahead of U.S. Payrolls Data; Aussie Hits Three-Year High

Asian currencies strengthened on Wednesday as the U.S. dollar extended its recent decline ahead of closely watched U.S. nonfarm payrolls data. The softer greenback provided broad support across regional foreign exchange...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

Politics

House Rejects GOP Effort to Block Challenges to Trump Tariffs in Narrow Vote

The U.S. House of Representatives rejected a Republican-led effort to block legislative challenges to President Donald Trumps tariffs in a razor-thin 217-214 vote on Tuesday, marking a significant political setback for...

Trump Executive Order Aims to Boost U.S. Coal Power Plants with Pentagon Support

U.S. President Donald Trump is expected to sign a new executive order directing the Pentagon to use federal funding and defense contracts to support struggling U.S. coal-fired power plants, according to a Bloomberg News...

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

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

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...
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