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Digital Currency Revolution

FxWirePro: BTC/USD retraces dip below 6000, bias bearish, good to go short around 7500

Feb 07, 2018 07:00 am UTC| Digital Currency

BTC/USD retraced its dip below 6000 levels and closed at 7737 levels on Tuesday. It is currently trading at 7347 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 7877 (5-DMA) and a close...

Blockchain Revolution Series

Wall Street Blockchain Alliance partners with BiTA

Feb 07, 2018 06:19 am UTC| Digital Currency

The Wall Street Blockchain Alliance (WSBA) has teamed up with the Blockchain in Transport Alliance (BiTA) to define the impact of blockchain technology for the global transport markets. WSBA is a leading nonprofit trade...

Blockchain Revolution Series

Japan Net Bank trials blockchain technology with mijin and Hyperledger

Feb 07, 2018 05:33 am UTC| Digital Currency

Fintech and cryptocurrency solutions company Tech Bureau has announced that Japans first online bank is testing blockchain technology integrations using mijin and Hyperledger. Japan Net Bank has initiated a...

Digital Currency Revolution

No strong case to ban cryptocurrency trading as of now: Singapore Deputy Prime Minister

Feb 07, 2018 04:51 am UTC| Digital Currency

The Monetary Authority of Singapore (MAS) does not see a strong case to ban cryptocurrency trading at the moment, Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS, said...

Digital Currency Revolution

Bitcoin has become a combination of bubble, Ponzi scheme and environmental disaster: BIS chief

Feb 07, 2018 03:57 am UTC| Digital Currency

If central banks and financial authorities do not act pre-emptively, cryptocurrencies could become a threat to financial stability, Bank for International Settlements (BIS) General Manager Agustín Carstens...

Blockchain Revolution Series

BNSF becomes first Class-I railroad to join Blockchain in Transport Alliance

Feb 07, 2018 03:09 am UTC| Digital Currency

BNSF Railway Company (BNSF), a leading North American freight transportation company, has become the first Class I railroad to join the Blockchain in Transport Alliance (BiTA). Formed in August 2017, BiTA aims to...

Digital Currency Revolution

Testimony of US SEC and CFTC chairs released ahead of Senate’s hearing on cryptocurrencies

Feb 06, 2018 11:09 am UTC| Digital Currency

The chairs of the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Jay Clayton and J. Christopher Giancarlo, respectively, have prepared their testimonies for the Senate...

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Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening

Global oil prices edged lower on Wednesday, extending losses from the previous two sessions as investors continued to evaluate the impact of a newly announced U.S.-Iran peace agreement. However, uncertainty surrounding the...

Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision

Asian stock markets mostly moved higher on Wednesday, led by gains in Japan and Singapore, as investors awaited the U.S. Federal Reserves latest policy decision. Strong performance in technology and semiconductor stocks...

ASX Proposes New Share Dilution Limits for Public Takeovers

The Australian Securities Exchange (ASX) has unveiled significant proposed reforms aimed at strengthening shareholder protections and limiting share dilution during public takeovers and mergers. Under the draft rules...

Politics

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

The United States and Iran have reached an interim agreement aimed at extending peace efforts in the Middle East and reducing tensions following months of conflict. U.S. President Donald Trump confirmed that the deal...

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

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions

Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...
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