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Digital Currency Revolution

FxWirePro: ETH/USD hovers around cloud top, good to go long on break above trend line resistance at 690

Apr 27, 2018 10:10 am UTC| Digital Currency

ETH/USD is trading tad higher on Friday and hovering around cloud top at 674 levels at the time of writing (Coinbase). On the upside, a consistent break above 671 (Cloud top) would see the pair testing 690 (trend line...

Digital Currency Revolution

Growing institutional interest drives positive sentiment and confidence in cryptocurrencies

Apr 27, 2018 09:08 am UTC| Digital Currency

Institutional interest in cryptocurrencies such as bitcoin is growing and it was a long time coming. While previously financial institutions distanced themselves from this emerging asset class and rather focused on the...

Digital Currency Revolution

Most people view Bitcoin as asset class rather than means of payment: UK FCA official

Apr 27, 2018 08:19 am UTC| Digital Currency

Most people now view bitcoin and other digital currencies as an asset class rather than a means of payment as originally intended, Mary Starks, Director of Competition, Financial Conduct Authority (FCA), said...

FxWirePro: BTC/EUR bearish engulfing hampers momentum, but hammer and dragonfly doji counters to spike off – Buy on bullish EMA crossovers

Apr 27, 2018 06:59 am UTC| Technicals Digital Currency

We had raised bearish indications and given short call accordingly on BTCEUR on 8th March anticipating the breach below double top neckline formation at 7583 levels, before we move on further with this write up, we urge...

Digital Currency Revolution

FxWirePro: BTC/USD faces trend line resistance at 9600, good to go long on break above

Apr 27, 2018 06:46 am UTC| Digital Currency

BTC/USD is trading in a narrow range on Friday as it tries to hold above Ichimoku cloud. It is currently trading at 9248 levels at the time of writing (Bitstamp). On the upside, resistance is seen at 9600 (trend line...

Digital Currency Revolution

Romanian bitcoin exchange BTCxChange to shut down

Apr 27, 2018 06:22 am UTC| Digital Currency

Romanian bitcoin exchange BTCxChange has announced that it will be shutting down its platform next month. In an online notice dated April 22, the exchange stated: We inform you that starting from 1st of May 2018, our...

Blockchain Revolution Series

Monex Group plans to go big on blockchain following Coincheck acquisition

Apr 27, 2018 05:30 am UTC| Digital Currency

Japanese online brokerage firm Monex Group has revealed its blockchain and initial coin offering (ICO) plans in its financial results for fiscal year ending March 31, 2018. Earlier this month, Monex Group acquired...

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Economy

BCA Research Warns Iran and Ukraine Ceasefires May Offer Limited Relief for Global Markets

BCA Research analysts have cautioned that potential ceasefires in both Iran and Ukraine may provide only temporary support for global financial markets, as investors could be underestimating ongoing geopolitical risks and...

Rising Airfares May Challenge Cruise Industry Growth Ahead of 2027 Booking Season

The cruise industry could face increasing pressure in 2027 if high airfare prices continue to climb, according to a recent Deutsche Bank research report. The study highlights how rising airline ticket costs are already...

Brazil Extends Fuel Subsidies and Tax Relief Measures Through July 2026 Amid Global Oil Market Volatility

Brazils government has announced a two-month extension of its fuel subsidy and tax relief measures, ensuring that support programs remain in place until July 31, 2026. The decision aims to protect consumers and businesses...

Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations

Bank of America (BofA) analysts believe incoming Federal Reserve Chair Kevin Warsh could face a difficult policy environment as rising inflation and economic uncertainty complicate the outlook for U.S. interest rates....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

Politics

Trump to Launch America 250 Celebration Amid Concert Cancellations

U.S. President Donald Trump is set to headline the opening ceremony of a major event celebrating Americas 250th anniversary after several scheduled musical performers withdrew from the program, according to reports. The...

US Plans Faster Military Drawdown in Europe, NATO Allies Face Greater Defense Role

The United States is reportedly preparing to accelerate the reduction of its military presence across Europe, signaling a major shift in NATO defense strategy. According to a report published by Germanys Welt am Sonntag,...

US to Accelerate Troop Withdrawal from Europe, NATO Allies to Review Plans Next Month

The United States is reportedly preparing to speed up the withdrawal of its military personnel from bases across Europe, according to a report published by Germanys Welt am Sonntag. The newspaper cited an unnamed Pentagon...

Trump Adviser’s Investment in Thrive Capital Draws Scrutiny Over Federal Contracts

A senior adviser in President Donald Trumps administration is facing scrutiny after a report revealed his involvement in government contract matters connected to companies backed by a venture capital firm in which he held...

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Science

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...

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...

Technology

Nvidia and Microsoft to Launch AI-Powered Windows PCs at Computex 2026

Nvidia and Microsoft are reportedly preparing to introduce a new generation of Windows PCs powered by Nvidia-designed processors, marking a significant step in the evolution of AI-enabled personal computing. According to...

SoftBank to Invest €75 Billion in France AI Data Center Expansion by 2031

SoftBank Group (TYO: 9984) has announced plans to invest up to 75 billion ($87.5 billion) in France to develop and operate 5 gigawatts (GW) of artificial intelligence data center capacity, marking one of the largest AI...

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...