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Blockchain Revolution Series

Asset managers should understand and embrace blockchain technology: Report

Jul 19, 2016 05:51 am UTC| Digital Currency

A joint report from JPMorgan Chase and consultancy firm Oliver Wyman has urged asset managers to take the initiative to understand and embrace blockchain technology. Blockchain can help asset managers tackle many of the...

Digital Currency Revolution

Central bank digital currencies could raise GDP, says Bank of England

Jul 19, 2016 04:36 am UTC| Digital Currency

In a new research paper, the Bank of England has stated that central bank issued digital currencies could raise gross domestic product (GDP). Penned by John Barrdear and Michael Kumhof, the working paper titled The...

Digital Currency Revolution

LTC/USD continues choppy trade, bullishness above 90 EMA

Jul 18, 2016 12:28 pm UTC| Digital Currency

LTC/USD traded in the red on Monday, falling to 4.06 levels so far in the day. It is currently trading at 4.07 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen level:...

Digital Currency Revolution

ETH/USD partially recovers losses, bullishness only above 90 EMA

Jul 18, 2016 12:19 pm UTC| Digital Currency

ETH/USD slightly recovered losses on Monday, hitting 11.61 levels so far in the day. It is currently trading at 11.48 levels (Kraken) at the time of writing. Ichimoku analysis (Daily chart): Tenkan-Sen level:...

Digital Currency Revolution

Cryptocurrency exchange Gemini partners with Echo Fox

Jul 18, 2016 11:38 am UTC| Digital Currency

New York-based digital currency exchange Gemini Trust Co. has announced a new partnership and sponsorship deal with professional eSports organization Echo Fox. The deal will bring together the cryptocurrency market and...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong resistance at $685, break above targets $705

Jul 18, 2016 11:13 am UTC| Digital Currency

BTC/USD has slightly retreated after making a high of $684. It is currently trading at $679.00 at press time (Bitstamp). Long term trend: Bullish Short term Trend- Bullish Ichimoku analysis (Daily...

Digital Currency Revolution

Indian anti-narcotics agency detects bitcoin and darknet use for drug trafficking

Jul 18, 2016 10:12 am UTC| Digital Currency

According to latest reports, Indian anti-narcotics agencies have found that drug trafficking in the country is being increasingly carried out through the dark Web or darknet and the unregulated cryptocurrency...

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Economy

Russian Stocks End Flat as MOEX Index Hits New 52-Week Low

Russian stocks closed largely unchanged on Sunday, with the MOEX Russia Index ending the session flat at 0.00% while marking a new 52-week low. The lack of movement across major Russian equities reflected a subdued trading...

France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi

France may remain stuck in a prolonged period of weak domestic demand, low inflation, and fiscal challenges as structural shifts in its labor market make the economy more vulnerable to high interest rates than other...

China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says

Chinas economy continued to show a sharp divide in May, with a booming artificial intelligence (AI)-driven manufacturing sector helping sustain growth while domestic demand remained weak, according to a recent research...

Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire

U.S. President Donald Trump announced Saturday that no tolls will be charged for ships passing through the Strait of Hormuz during the proposed 60-day interim ceasefire period with Iran. Trump also stated that no fees...

Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed

Russian stocks closed flat on Saturday, with the MOEX Russia Index ending unchanged at 0.00% and touching a fresh 52-week low during trading. The lack of movement across the market reflected cautious investor sentiment,...

Politics

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...

Pirro Warns of Prosecution for Lincoln Memorial Reflecting Pool Vandalism Amid Renovation Issues

People caught vandalizing the Lincoln Memorial Reflecting Pool on Washingtons National Mall will face full prosecution, according to U.S. Attorney Jeanine Pirro. Her comments come as concerns grow over damage and...

Starmer Faces Mounting Pressure as Burnham’s Victory Sparks Labour Leadership Speculation

British Prime Minister Keir Starmer is reportedly weighing his political future after Andy Burnhams commanding parliamentary election victory intensified calls within the Labour Party for a change in leadership. According...

Trump Predicts Keir Starmer’s Exit as UK Prime Minister Amid Growing Political Pressure

U.S. President Donald Trump has publicly predicted that UK Prime Minister Keir Starmer will step down, intensifying speculation about a potential leadership change within the Labour Party. In a post published on Truth...

Bolivia Eases Protest Blockades as Military Plane Crash Kills Six

Bolivia recorded a day of mixed developments as authorities reported significant progress in clearing anti-government protest roadblocks, while a tragic military aircraft crash claimed six lives. The countrys highways...

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

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...

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...
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