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Bitcoin Latest News & Update: On Life-Support, Could Dip Below $4K Soon

Aug 11, 2018 03:07 am UTC| Technology Digital Currency

Bitcoin has not been doing very well over the last few weeks. Ever since hitting nearly $20,000 right at the end of 2017, it has been steadily losing value. As of writing, Bitcoin was standing at $6, 417 and this is where...

FxWirePro: ADA/USD upside capped by 10- day MA, break above targets further bullishness

Aug 10, 2018 13:23 pm UTC| Digital Currency

Short term trend Weak The pair has shown a minor recovery of more than 15% after hitting low of $0.1070 level. ADAUSD has lost more than 90% from the all-time high of $1.13900 level. Cardano testnet launched to focus on...

FxWirePro: Monero (XMR/USD) Daily Outlook

Aug 10, 2018 13:03 pm UTC| Digital Currency

Major support $90 (Trend line support) The entire crypto market is trading weak following foot steps of Bitcoin. Bitcoin declined slightly after delay in Bitcoin ETF approval by Security Exchange Commission...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – August 10th, 2018

Aug 10, 2018 11:51 am UTC| Digital Currency

West Virginia taps blockchain technology for mid-term elections West Virginian military personnel located overseas would be able to cast their ballots in the midterm federal election, thanks to a blockchain-based...

Crypto Currency Brief: Bitcoin downtrend continues, LTC/USD trades near 2018 low, XRP bill payments set to roll out – Friday, August 10th, 2018

Aug 10, 2018 11:47 am UTC| Commentary Digital Currency Economy Market Roundups

BTC/USD: Seems like the downtrend is not over yet Bitcoin prices, once again started to plummet during European session Friday, still hovering around days lows at the time of writing. Although no specific reason can be...

BitMEX in limelight to launch crypto-derivative products – Crypto Options and ETHUSD perpetual swap trades on board

Aug 10, 2018 11:31 am UTC| Research & Analysis Commentary Insights & Views Digital Currency

Despite the crypto market downturn which began after the news of the US Securities and Exchange Commissions (SEC) delayed decision on an ETF product approval, bitcoin has been seeing a lot of developmental activities also....

FxWirePro: ETH/EUR struggles to extend weakness below 300 mark, break above 5-DMA could see minor upside

Aug 10, 2018 11:19 am UTC| Digital Currency Technicals

ETH/EUR is extending consolidation after the pair tests 300 mark on Wednesdays trade. Price has broken below 88.6% Fib, and break below 300 could see further downside. Momentum is with the bears. Stochs and RSI...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data

Gold and silver prices edged lower in Asian trading on Tuesday as investors booked profits after a strong rally, while global markets turned cautious ahead of critical U.S. economic data. The pullback comes after precious...

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

South Koreas central bank has pushed back against claims that excessive domestic liquidity is the main driver behind the weakening won and rising residential property prices, calling such arguments an overstatement. In a...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

Australian authorities are investigating a deadly mass shooting at a Hanukkah celebration near Sydneys Bondi Beach as a suspected act of terrorism inspired by Islamic State, marking the countrys worst mass shooting in...

Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

President Donald Trump is facing sharp bipartisan criticism after posting controversial remarks about actor and director Rob Reiner following the shocking deaths of Reiner and his wife, Michele Reiner. The comments, shared...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

Chinese artificial intelligence chip startup Biren Technology is preparing to launch a Hong Kong initial public offering (IPO) in the coming weeks, according to multiple sources familiar with the matter. The Shanghai-based...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...