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Digital Currency Revolution

FxWirePro: BTC/USD breaks above 745, good to buy on dips

Nov 17, 2016 10:21 am UTC| Digital Currency

BTC/USD has broken above previous high of 745 levels and is currently trading at 747 levels at the time of writing (Bitstamp). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily...

Blockchain Revolution Series

Ethereum gears up for upcoming hard fork ‘Spurious Dragon’

Nov 17, 2016 10:06 am UTC| Digital Currency

Ethereum developers have announced details about an upcoming technical fork that aims to resolve the ongoing issues in its network. Jeffrey Wilcke, founder of Ethlabs and one of Ethereums Geth developers, wrote on...

Digital Currency Revolution

FxWirePro: ETH/EUR faces strong resistance at 21-day MA, good to sell on rallies

Nov 17, 2016 10:02 am UTC| Digital Currency

ETH/EUR is seen trading below in red on Thursday. The pair has once again retreated after jumping till 9.67 levels (KRAKEN). It is currently trading around 9.29 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

Blockchain startup Colu announces integration of Colored Coins and Lightning Network

Nov 17, 2016 09:23 am UTC| Digital Currency

Colu, an Israel-based blockchain startup, has announced its cooperation with Lightning Labs and leveraging Lightning as a solution for off-chain Colored Coins transactions. Colored Coins was one of the first...

Digital Currency Revolution

BTC/EUR trades well above 675 level, jump till 715 likely

Nov 17, 2016 07:36 am UTC| Digital Currency

BTC/EUR is seen trading slightly below on Thursday after the raise. The pair breaks major resistance 675 and jumped till 699.74 yesterday (COINBASE). It is currently trading around 683.67 at the time of...

Digital Currency Revolution

Bitcoin and blockchain investment activity drops in Q3 2016

Nov 17, 2016 07:24 am UTC| Digital Currency

The latest edition of KPMG and CB Insights report Pulse of Fintech Q316 shows a dip in investments going into blockchain and digital currency startups. The report anticipates that in the forthcoming quarters, artificial...

Digital Currency Revolution

Riksbank decides on issuing ‘e-krona’ digital currency

Nov 17, 2016 07:05 am UTC| Digital Currency

SwedishRiksbank is deciding on whether to issue a digital currency as a move to curb the difficulty in accessing the central banks money and fast decline in the use of cash in Sweden. According to the reports by...

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Economy

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

Bank of Japan Governor Kazuo Ueda reaffirmed on Thursday that Japans real interest rates remain firmly in negative territory, signaling that the countrys financial conditions continue to support economic growth. His...

Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions

Japans consumer confidence took a significant hit in March, declining for the first time in three months as escalating fuel costs linked to the ongoing Middle East conflict continued to weigh heavily on the countrys...

China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say

China may be closer to ending its prolonged deflationary period than financial markets currently anticipate, according to a recent note from ANZ analysts. The bank projects that three key price indicators the producer...

Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets

Asian currencies showed little movement on Thursday following strong gains in the prior session, as investor caution mounted over the stability of a U.S.-Iran ceasefire deal amid escalating Middle East tensions. The U.S....

Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

President Donald Trump escalated tensions with Iran on Wednesday, declaring that all U.S. military assets including ships, aircraft, and personnel would remain stationed in the region until a formal agreement with Tehran...

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...
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