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FxWirePro: ETH/EUR finds strong trendline support at 360, break below to see further weakness

Jul 13, 2018 10:23 am UTC| Digital Currency Technicals

ETH/EUR has bounced off strong trendline support at 360, further weakness only on break below. The pair is struggling to close below 78.6% Fib, but intraday bias remains bearish. Upside in the pair finds stiff...

Initial Coin Offering Series

Digital Currency Revolution

Cybercriminals stole over $10M in 2017 using cryptocurrency social engineering schemes: Kaspersky Lab

Jul 13, 2018 09:41 am UTC| Digital Currency

Kaspersky Lab has estimated that cybercriminals were able to steal over 21,000 ETH (or over $10 million at the current exchange rate) from unsuspecting users using fraudulent and social engineering schemes last...

Digital Currency Revolution

Abra enables Visa and MasterCard options for bitcoin purchases via Simplex partnership

Jul 13, 2018 08:55 am UTC| Digital Currency

Bitcoin-based digital wallet app Abra has announced its partnership with Israel-based bitcoin startup Simplex, thereby allowing bitcoin purchases via VISA or MasterCard credit card or debit card through its...

FxWirePro: BTC/EUR edges off 2-week lows at 5215, upside remains capped below 5-DMA, bias lower

Jul 13, 2018 07:49 am UTC| Digital Currency Technicals

BTC/EUR has edged higher from 2-week lows at 5215 hit overnight. The pair is currently trading at 5366, largely muted on the day. We do not see any change in the bearish bias for the pair. Upside is capped below...

Digital Currency Revolution

FxWirePro: BTC/USD tries to hold 61.8% fib support, bias bearish

Jul 13, 2018 07:40 am UTC| Digital Currency Technicals

BTC/USD dropped to 6072 levels on Thursday before closing at 6243 levels. It is largely unchanged on Friday and trading at 6230 levels at the time of writing (Bitstamp). On the upside, immediate resistance is seen at...

Digital Currency Revolution

Trolling on Warren Buffet's anti-bitcoin stance continues amid millions of dollars gamble between BTC or Berkshire Hathaway stock

Jul 13, 2018 07:10 am UTC| Digital Currency Research & Analysis Insights & Views

Legendary investor Mr Warren Buffet had constantly been bashing on Bitcoin and states that he would never invest in cryptocurrencies as he was so certain about the cryptocurrencies would come to a bad end. For now, an...

Digital Currency Revolution

New York PSC approves new electricity rates for cryptocurrency miners

Jul 13, 2018 06:43 am UTC| Digital Currency

The New York State Public Service Commission (PSC) has approved new rules that will allow high-density load customers, such as cryptocurrency companies, to qualify for service under an individual service...

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Economy

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Politics

Iran-US Peace Talks Begin in Islamabad Amid Ceasefire Tensions

Irans delegation touched down in Islamabad, Pakistan, on Friday to begin high-stakes diplomatic negotiations with the United States, even as Tehran raised last-minute conditions that cast uncertainty over the proceedings....

Trump's Gaza Peace Plan Stalls as Billions in Pledged Funding Fails to Materialize

Donald Trumps ambitious Gaza reconstruction initiative is facing a serious setback, with his Board of Peace receiving only a fraction of the $17 billion pledged by international donors. According to sources familiar with...

Trump Vows to Reopen Strait of Hormuz Amid Historic Energy Crisis

President Donald Trump stated on Friday that the United States expects to reopen the Strait of Hormuz fairly soon, though he acknowledged the effort would not be straightforward. Speaking to reporters, Trump did not...

Trump's 250-Foot Triumphal Arch Design Unveiled for Washington D.C.

The Trump administration has officially released detailed renderings of a proposed 250-foot Triumphal Arch for Washington D.C., a landmark project aimed at commemorating the 250th anniversary of the United States. The...

Trump's Iran Ceasefire Deal: What Really Happened Behind the Scenes

President Donald Trumps ceasefire agreement with Iran almost came with a dramatic national televised address but senior White House advisers quietly shut the idea down. According to three U.S. officials who spoke to...

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

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

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...
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