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Digital Currency Revolution

LTC/EUR struggles to break above 200-day MA, decline till 2.90/2.63 likely

Aug 19, 2016 12:00 pm UTC| Digital Currency

LTC/EUR is slightly recovering on Friday after the plunge. The pair has broken minor support at 3.1570 and slightly declined till 3.1090 levels (BTCE). It is currently trading around 3.1540 at the time of...

Digital Currency Revolution

Zurich City Council rejects request for bitcoin initiative

Aug 19, 2016 11:41 am UTC| Digital Currency

According to latest reports, the City Council of Zurich has rejected the request for an initiative that would have allowed residents to pay for utility bills and other public services using digital currency...

Digital Currency Revolution

Bitwala announces launch of bitcoin wallet

Aug 19, 2016 11:21 am UTC| Digital Currency

Bitwala, Europes bill payment service that facilitates paying bills with bitcoin, has announced that it has launched bitcoin wallet that allows Bitwala users to set up their wallet right from their user...

Digital Currency Revolution

FxWirePro: ETH/EUR struggles to close above 21-4H MA, good to sell on rallies

Aug 19, 2016 11:02 am UTC| Digital Currency

ETH/EUR is seen struggling to trade above on Friday. The pair has slightly recovered after making a low of 9.40 levels yesterday (KRAKEN). It is currently trading at 9.65 at the time of writing. Ichimoku analysis 4-hour...

Digital Currency Revolution

LTC/USD continues choppy trade, scope for further downside below 3.50    

Aug 19, 2016 10:59 am UTC| Digital Currency

LTC/USD continues to trade in a narrow range between 3.56 and 3.61 levels on Friday, holding its ground above 3.50 levels. It is currently trading at 3.57 levels at the time of writing (BTC-e). Ichimoku analysis (Daily...

Digital Currency Revolution

ETH/USD faces strong support at 200-day MA, close below confirms bearishness

Aug 19, 2016 10:40 am UTC| Digital Currency

ETH/USD further weakened on Friday and moved closer to 200-day MA. It is currently trading at 10.71 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart) Tenkan Sen: 11.60 Kijun Sen:...

Digital Currency Revolution

Bitfinex suspends use of BitGo segregated multi-signature wallet solution

Aug 19, 2016 10:18 am UTC| Digital Currency

In a latest update, Bitfinex cryptocurrency exchange has provided preliminary information about the security breach that occurred on August 2nd and has detailed the security enhancements that have been made to prevent...

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Economy

Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets

U.S. stocks closed mixed on Monday as a sharp decline in Alphabet shares pressured the communication services sector, while investors closely monitored evolving developments in the Middle East and assessed the Federal...

Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low

Global oil prices extended their recent decline on Monday as optimism grew over ongoing U.S.-Iran peace negotiations and the reopening of the vital Strait of Hormuz. The easing of geopolitical tensions in the Middle East...

Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks

Japans financial authorities are maintaining uncertainty over potential currency intervention as the Japanese yen hovers near its weakest level in nearly four decades. Market participants are closely watching government...

Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks

Gold prices delivered a mixed performance on Monday as a stronger U.S. dollar and shifting expectations for Federal Reserve policy counterbalanced support from geopolitical developments and ongoing market uncertainty. Spot...

US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments

The U.S. dollar climbed to its strongest level in more than a year on Monday as investors increased bets on tighter Federal Reserve policy, outweighing the impact of easing oil prices and diplomatic developments in the...

Politics

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

UNAIDS Urges U.S. to Reconsider South Africa HIV Funding Withdrawal

The head of UNAIDS, Winnie Byanyima, has urged the United States to reconsider its decision to withdraw HIV/AIDS funding for South Africa, warning that the move could put millions of vulnerable people at risk and...

US Waives Iran Sanctions for 60 Days as Peace Talks Advance and Lebanon Sees Calm

The United States has granted Iran a 60-day sanctions waiver following the first round of negotiations under a newly established peace agreement, signaling a potential breakthrough in efforts to ease tensions across the...

Rubio Gulf Tour Aims to Reassure Allies on Trump’s Iran Deal

U.S. Secretary of State Marco Rubio will visit the United Arab Emirates, Kuwait, and Bahrain from Tuesday through Thursday as the Trump administration seeks to strengthen support for its preliminary agreement with Iran...

Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise

IBM shares surged in after-hours trading Monday after President Donald Trump publicly praised IBM CEO Arvind Krishna during a White House event focused on advancing U.S. quantum technology leadership. The endorsement...

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

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....

Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular

Qualcomm is reportedly in advanced negotiations to acquire AI chip startup Modular Inc. in a deal valued at approximately $4 billion, according to a Bloomberg News report citing sources familiar with the matter. If...

US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation

A potential easing of tensions between the United States and Iran is redirecting Washingtons attention toward major technology policy initiatives and executive actions, according to a new report from Wolfe Research. The...

Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns

Googles newly introduced open-source liquid-cooling design for AI data centers is drawing attention across the data center infrastructure industry, with analysts suggesting it could accelerate the commoditization of...
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