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Vitalik Buterin on BTC, ETH ETFs urges for retailers than institutional clients as ETH/USD wedged in range

Jul 30, 2018 10:28 am UTC| Digital Currency Research & Analysis Insights & Views

Ethereum appears nothing like before, seems to have begun a true bear market by returning to the lowest levels since the fall of 2017, after rising to above $1,300 and tumbling to almost $400. ETH has lost considerably...

FxWirePro: ETH/EUR capped below stiff resistance at 50-DMA and cloud, upside only on break above

Jul 30, 2018 09:58 am UTC| Digital Currency Technicals

ETH/EUR is trading in an extremely narrow range, intraday bias is neutral. Price action has been extending sideways for many weeks now with no clear directional bias. The pair finds stiff resistance at 50-DMA and...

FxWirePro:Top Altcoins Daily Outlook

Jul 30, 2018 08:40 am UTC| Digital Currency

EOS/USD: Intraday trend Weak Major support-$7.96 (trend line joining $6.64 and $7.65). Any break below $7.96 will drag the pair down till $7.65/$6.54 (Jul 12th2018 low). Major resistance $8.82 (trend line...

Digital Currency Revolution

FxWirePro: BTC/USD extends consolidation, break below 1h 200-SMA to see minor downside

Jul 30, 2018 07:38 am UTC| Digital Currency Technicals

BTC/USD is struggling to hold 7-DMA support on Monday and is currently trading at 8130 levels at the time of writing (Bitstamp). The pair surged to near 8300 levels over the weekend after Hester Peirce, the SEC...

Blockchain Revolution Series

Future FinTech sets up subsidiary in Beijing to drive blockchain incubation business

Jul 30, 2018 06:41 am UTC| Digital Currency Fintech

Future FinTech Group, a U.S.-based fintech company, last week announced the setting up of a wholly-owned subsidiary, Chain Future Digital FinTech Ltd. Based in Beijing, China Future Digital FinTech was formed on July...

Bitcoin bulls halt $8k mark as price drifts in sideways on SEC commissioner, Hester Peirce’s disagreement with refutation of ETFs approval

Jul 30, 2018 05:54 am UTC| Digital Currency Technicals

We all have seen that BTCUSDs bullish rout in the recent past. But for now, the price behaviour of Bitcoin has been volatile due to turbulence news that has been lingering around this asset class. Technically, bulls of...

Blockchain Revolution Series

Streamr: A blockchain startup wants to give data owners control of where it ends up and who makes money from it

Jul 30, 2018 05:51 am UTC| Digital Currency

Blockchain-backed data platform Streamr became the first blockchain organization to win the Plug and Play Global Innovation Award for Performance from Europes largest innovation platform STARTUP AUTOBAHN. With this,...

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Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...
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