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Digital Currency Revolution

How to establish better infrastructure for trading in Crypto-Avenue? OTC setup to render more conducive services for crypto-trading: B2C2

May 30, 2018 13:56 pm UTC| Research & Analysis Digital Currency Insights & Views

B2C2 founder Max Boonen, the CEO of B2C2 Japan Phil Gillespie, and Zane Tackett, B2C2s Head of OTC Sales have participated in a webinar organized by Coindesk, and theyve shed some light on OTC marketplace for...

Digital Currency Revolution

Supreme Court of South Korea orders first confiscation of bitcoins, recognizes cryptocurrency as ‘asset’

May 30, 2018 11:38 am UTC| Digital Currency

The Supreme Court of South Korea recognized cryptocurrency as an asset with measurable value, the Korea Times reported. On Wednesday, the top court confirmed a previous appellate court order to confiscate the 191...

FxWirePro: EOS/USD recovers slightly ahead of MainNet launch, good to buy on dips

May 30, 2018 11:10 am UTC| Digital Currency

EOS/USD has jumped almost 28% in the past two trading session as Main Net launch date nearing from the low of $11.74 level. Since 2017 EOS block chain operates as a smart contract platform, catering to decentralized...

Initial Coin Offering Series

SEC to lash out at Stollaire and Titanium Blockchain pertaining to ICO scam

May 30, 2018 11:06 am UTC| Research & Analysis Digital Currency Fintech Insights & Views Commentary

More than $8.8 billion worth of capital has been raised via Initial Coin Offerings (ICOs) since 2016. Fresh entrepreneurs across the globe are looking into how they can get involved in this new fundraising programme. The...

Initial Coin Offering Series

Digital Currency Revolution

US SEC to discuss Bitcoin and ICOs at Investing in America conference

May 30, 2018 10:48 am UTC| Digital Currency

The Atlanta Regional Office of the U.S. Securities and Exchange Commission (SEC) is going to hold an investor conference on June 13, 2018, at Georgia State University. The one-day Investing in America conference will...

Initial Coin Offering Series

Crypto payroll startup Bitwage launches ICO advisory firm, Inwage

May 30, 2018 09:57 am UTC| Digital Currency

Cryptocurrency payroll processor Bitwage has launched an ICO advisory firm to aid the booming ICO market. The advisory firm, InWage, will leverage Bitwages blockchain expertise to build a highly secure turnkey solution...

Digital Currency Revolution

FxWirePro: ETH/USD holds key support at 500, break above 10-DMA to see further bullishness

May 30, 2018 09:03 am UTC| Digital Currency

ETH/USD found strong support near 500 levels and has bounced to 585 levels. It is currently trading at 559 levels at the time of writing (Coinbase). On the upside, the pair faces stiff resistance at 589 (10-DMA) and a...

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Economy

Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen

Global financial markets ended Friday on a weaker note as major stock indexes declined, led by a sharp selloff in technology shares amid renewed skepticism over artificial intelligence investments. Rising U.S. Treasury...

Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026

The Federal Reserves latest policy signals suggest that interest rates are now close to neutral, raising the bar for additional rate cuts in 2025 and beyond. This shift implies restraint rather than rescue from the central...

S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally

U.S. stocks closed sharply lower on Friday as a selloff in technology shares, led by semiconductor companies, weighed heavily on broader markets and dampened enthusiasm around the artificial intelligence trade. The...

Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly

Federal Reserve Bank of San Francisco President Mary Daly said she supported cutting interest rates at this weeks Federal Open Market Committee (FOMC) meeting, highlighting the central banks effort to carefully balance...

Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only

Ireland has clarified that its proposed legislation to curb trade with Israeli settlements in the occupied West Bank will apply strictly to goods, not services, according to a senior minister speaking to Reuters. The...

Politics

Trump Signals Two Final Candidates for Fed Chair, Calls for Presidential Input on Interest Rates

U.S. President Donald Trump said he has narrowed his search for the next Federal Reserve chair to two leading candidates and suggested that the White House should be consulted on future interest rate decisions, a stance...

New Epstein Photos Surface Showing Trump as Lawmakers Near Document Release Deadline

Congressional Democrats have released 19 new photographs from the estate of the late Jeffrey Epstein, reigniting political debate as a deadline approaches for the release of thousands of documents related to the disgraced...

Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs

The U.S. Air Force has confirmed another delay in the delivery of the next-generation Air Force One aircraft, pushing the expected arrival of the first jet to mid-2028. This marks an additional one-year setback in a...

California, 18 States Sue to Block Trump’s $100,000 H-1B Visa Fee

California and 18 other U.S. states are preparing to file a lawsuit in federal court to block President Donald Trumps proposed $100,000 fee on new H-1B visas for highly skilled foreign workers. The lawsuit, to be filed in...

Preservation Group Sues Trump Administration to Halt $300 Million White House Ballroom Project

A leading historic preservation group has filed a lawsuit against U.S. President Donald Trump and several federal agencies in an effort to block construction of a proposed $300 million ballroom at the White House site,...

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

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...

Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

Intel has tested advanced chipmaking equipment this year from ACM Research, a semiconductor toolmaker with deep operational ties to China, according to sources familiar with the matter. The move has drawn scrutiny because...

Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...