Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Fri, May 17, 2024 05:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

FxWirePro: DASH/ USDT struggles to close above Kijun-Sen, good to sell on rallies

Jan 09, 2017 12:20 pm UTC| Digital Currency

DASH/USDT is seen trading below in red on Monday. The pair has declined after making a slight jump till USDT13.14 levels (Poloniex). It is currently trading around USDT12.66 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

FxWirePro: BTC/CNY faces strong resistance at 6600, good to sell on rallies

Jan 09, 2017 11:26 am UTC| Digital Currency

BTC/CNY is seen trading slightly below on Monday. The pair has fallen drastically after showing a slight jump till 6587 levels (BTCCCHINA). It is currently trading around 6303 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

ETH/USD bounces off 90-EMA, break above 200-DMA targets 11.63

Jan 09, 2017 10:55 am UTC| Digital Currency

ETH/USD has taken support near 90-EMA and is currently trading at 10.72 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 9.79 Kijun-Sen: 9.32 On the upside, the pair faces major...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong resistance at 21-DMA, break below 725 targets 670

Jan 09, 2017 10:43 am UTC| Digital Currency

BTC/GBP broke below the 700 mark on December 07 and hit 672.99 levels. It is currently trading at 737 at the time of writing (Coinbase). Long-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by 5-DMA, bias bearish, stay short

Jan 09, 2017 10:27 am UTC| Digital Currency

BTC/USD plummeted to 812.28 levels (December 07) following the Peoples Bank of Chinas notice to bitcoin exchanges to ensure regulatory compliance. It is currently trading at 886 levels (Bitstamp). Ichimoku analysis of...

Digital Currency Revolution

FxWirePro: ETH/EUR trades slightly above 200-day MA, slight jump till 10.95 likely

Jan 09, 2017 10:06 am UTC| Digital Currency

ETH/EUR is seen trading slightly above on Monday. The pair has broken 200- day MA and jumped slightly from that level (KRAKEN). It is currently trading at 10.20 at the time of writing. Ichimoku analysis of daily chart...

FxWirePro: Could you envisage on Chinese capital outflow through Bitcoin amid Yuan depreciation?

Jan 09, 2017 09:23 am UTC| Digital Currency Insights & Views Commentary

Ever since CNY devaluation in Aug 2015, the spot rally received help from a high-side USDCNY fixing last year that propelled USDCNH to new YTD highs beyond 7 and carried the rest of the Asian bloc with it. The hawkish tone...

1391 1392 1393 1394 1395 1396 1397 1398 1399 1400

Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

Technology

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...

OpenAI Strikes Deal with Reddit to Bring Content to ChatGPT, Boosting Stocks

OpenAI and Reddit announced a partnership on May 16 to integrate Reddit content into ChatGPT, enhancing the chatbots capabilities and driving Reddits stock up 12% in extended trading. Reddit Diversifies Beyond...

Giga Shiba Inu Whales Shift 3.5 Trillion SHIB, Boosting Market Activity

Shiba Inu whales are gradually waking up as the asset has emerged from anemia and has shown some positive price performance in recent days. Fortunately, those big transactions are not related to any sales activity and are...