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Digital Currency Revolution

FxWirePro: ETH/USD holds cloud support, bias neutral

Jun 07, 2018 08:49 am UTC| Digital Currency

ETH/USD remains rangebound on Thursday and is trying to hold above 600 levels (Coinbase). On the upside, the pair faces resistance at 627 (55-EMA) and a break above would target 657 (50-DMA). Further strength would...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 7700, decisive break above 20-DMA to see minor bullishness

Jun 07, 2018 07:58 am UTC| Digital Currency

BTC/USD continues to consolidate in a narrow range and is trying to hold above 20-DMA. It is currently trading at 7703 levels at the time of writing (Bitstamp). On the top side, a decisive break above 7657 (20-DMA)...

Digital Currency Revolution

Bitcoin ETFs to emerge on joint venture between VanEck and SolidX, How do SEC, CME and CBOE regulate?

Jun 07, 2018 07:11 am UTC| Digital Currency Research & Analysis Insights & Views

A New York based asset manager, VanEck, has announced joint venturing with SolidX to list a physically-backed bitcoin ETF (exchange traded fund). The proposed ETF would be indemnified against loss or theft or any damages...

Blockchain Revolution Series

The National Archives of UK explores blockchain potential for digital records

Jun 07, 2018 06:42 am UTC| Digital Currency

The National Archives of the UK is exploring how blockchain technology could help ensure the legitimacy of archived records. In an online post, Alex Green, Digital Preservation Services Manager at The National Archives,...

Digital Currency Revolution

Pros and Cons: What Fidelity Investments’ cryptocurrency offering would entail?

Jun 07, 2018 05:14 am UTC| Digital Currency Fintech

Financial services giant Fidelity Investments is planning to enter the cryptocurrency ecosystem, according to a report from Business Insider. Internal job postings from the company have revealed that Fidelity is on a...

Blockchain Revolution Series

Media and technology industry executives to launch ‘Digital Future Council’, key focus on blockchain

Jun 07, 2018 04:21 am UTC| Digital Currency Technology

A new initiative aimed at bridging the gap between the creative and technology industries will be officially launched during Cannes Lions Festival June 18-21. The Digital Future Council is a first-of-its-kind think tank...

Blockchain Revolution Series

DHL partners with TradeIX to tap blockchain potential

Jun 07, 2018 03:36 am UTC| Digital Currency

Global logistics giant DHL is joining forces with blockchain trade finance platform TradeIX in a bid to automate its processes, CoinTelegraph reported. The partnership was announced on June 5, at the Money20/20...

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Economy

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar

Gold prices declined early Thursday as rising oil prices reignited concerns that inflation could remain persistent, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer. The...

Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings

Asian stock markets declined sharply on Thursday, led by heavy losses in South Korea, as a broad semiconductor selloff and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Market participants...

Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar

Asian currencies traded in tight ranges on Thursday as a weaker U.S. dollar was balanced by growing investor caution over the escalating Middle East conflict, limiting demand for risk-sensitive regional assets. Market...

Politics

Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’

Iran warned on Thursday that the Strait of Hormuz remains an inviolable red line, vowing to retaliate against infrastructure across the Gulf region if U.S. President Donald Trump follows through on threats to attack...

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

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

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...

Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

Hyundai Motor has announced plans to acquire SoftBank Groups remaining stake in Boston Dynamics, giving the South Korean automaker full ownership of the robotics company as it expands its artificial intelligence and...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...
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