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FxWirePro: ETC/USD breaks major support at $1.95, decline till $1.41 likely

Aug 09, 2016 12:02 pm UTC| Digital Currency

ETC/USD has broken major support $1.95 and declined till $1.72 at the time of writing. It is currently trading around $1.9166 (Kraken). Short term trend: bearish Ichimoku analysis (Hourly chart): Tenkan-Sen level:...

ETC/EUR trades well below 2 level, decline till 1.40 likely

Aug 09, 2016 11:56 am UTC| Digital Currency

ETC/EUR is seen trading low in red on Tuesday. The pair has broken major support 1.85 and declined till 1.69 levels (KRAKEN). It is currently trading around 1.765 at the time of writing. Ichimoku analysis of hourly...

New Hampshire restaurant to accept bitcoin payments

Aug 09, 2016 11:40 am UTC| Digital Currency

Street, a major restaurant in Portsmouth, New Hampshire has started accepting bitcoin for everything on their menu in a move to support New Hampshires free state movement. According to Free Keene, a pro-decentralization...

Cryptocurrency exchange Gemini expands to Texas

Aug 09, 2016 11:29 am UTC| Digital Currency

New York-based cryptocurrency exchange Gemini has moved a step closer in fulfilling its mission of building a world-class digital asset exchange available to customers in all 50 US states and around the globe. The...

CoinOffering registers as first company to issue shares in Ethereum tokens

Aug 09, 2016 10:15 am UTC| Digital Currency

CoinOffering has been legally registered in the Marshall Islands and has become the first market space in the world, offering shares that are represented by tokens issued in the smart contract deployed on Ethereum...

Experts deliberate over security of cryptocurrency funds

Aug 09, 2016 09:08 am UTC| Digital Currency

The cryptocurrency ecosystem has been time and again under major hacks which not only resulted in losses running into millions of dollars but greatly hampers trust of the users in this emerging industry. This year alone...

FxWirePro: BTC/USD trades flat, good to buy on dips

Aug 09, 2016 07:23 am UTC| Digital Currency

BTC/USD is trading in narrow range between $598.81and $582 for the past two trading session. It is currently trading at $584.76 (Bitstamp). Long term trend: bullish Ichimoku analysis (Daily chart): Tenkan-Sen...

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Economy

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Will global oil supply be at risk if Iran and Israel pull the Middle East into war?

Tensions in the Middle East have escalated following Irans weekend missile and drone attacks on Israel, heightening concerns of a wider conflict. As with the Russian invasion of Ukraine, further conflict has the...

EU enlargement: What does the future hold?

To widen or to deepen. This has been one of the longstanding dilemmas throughout European Union (EU) history, and a perennial sticking point in the unending process of European integration. In its time, the UK...

Politics

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

South Korean President Yoon faces foreign policy challenges after the National Assembly election

South Koreas parliamentary election of April 10, 2024, was widely seen as a referendum on President Yoon Suk Yeols first two years in office. That being the case, the nation collectively expressed its strong...

How will US foreign policy affect Joe Biden’s chances of re-election in November?

When big questions about American foreign policy collide with an election, its rarely good news for a sitting president. Like many leaders before him, US President Joe Biden has had some of these questions thrust on...

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

‘We have thousands of Modis’: the secret behind the BJP’s enduring success in India

Since 2014, Indian Prime Minister Narendra Modis popularity has grown exponentially and so has the formidable organisational machine of his Bharatiya Janata Party (BJP). These two factors will be key to delivering the BJP...

Science

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Technology

Bitcoin Price Alert: Potential Drop to $59K Seen as Prime Buying Opportunity for Savvy Investors

As Bitcoin teeters near a significant threshold, market analysts eye a potential dip to $59,000 not just as a concern but as a strategic buying signal for long-term gains. Bitcoin Price Teeters as Expert Predicts...

U.S. SEC Set to Reject Spot Ether ETFs in May Amid Regulatory Hurdles

The U.S. Securities and Exchange Commission is expected to deny approval for spot Ether ETFs in May, continuing a cautious stance amid unresolved regulatory clarity, according to industry insiders. SEC Set to Delay...

Mercedes-Benz to Release Luxury Electric Van in China

Mercedes-Benz, the German luxury and commercial vehicle manufacturer, plans to release a luxury electric van model in China. This information was shared by the companys head of the vans unit, Mathias Geisen, to the local...

Samourai Wallet Founders Arrested, Crypto Markets Tumble Amid Regulatory Heat

The cryptocurrency market dipped significantly after the U.S. Department of Justice arrested Samourai Wallets CEO and CTO, exacerbating volatility amid geopolitical tensions and the recent Bitcoin halving. Bitcoin and...

Post-Halving Surge: Standard Chartered Predicts Bitcoin to Hit $150K on Reduced Market Leverage

Geoff Kendrick, Standard Chartered Banks analyst and head of digital assets research, believes bitcoin (BTC) would likely trend upward following the halving due to lower leveraged market positions. In an interview with...