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MasterCard Finally Embraces Bitcoin, Invests In Digital Currency Group

Oct 30, 2015 10:53 am UTC| Digital Currency

Digital Currency Group (DCG), founded by Barry Silbert, builds and supports bitcoin and blockchain companies by leveraging its insights, network, and access to capital. According to recent reports, a new DCG funding...

BTC/USD breaks major resistance around $318, jump till $353 is possible

Oct 30, 2015 07:37 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $318 (Jul 2nd 2105) and jumped till $332. It is currently trading at $325. The pair is facing trend line resistance around $338 (trend line joining $298 and 317.99) and break above...

Microsoft To Unveil Ethereum Blockchain-As-A-Service Next Month

Oct 29, 2015 12:20 pm UTC| Digital Currency

Microsoft has collaborated with ConsenSys, a developer of decentralized applications and end-user tools for blockchain ecosystems, to offer businesses Ethereum Blockchain-as-a-Service on Microsoft Azure. It will be...

Russia To Penalize Bitcoin-To-Fiat Conversions

Oct 29, 2015 11:51 am UTC| Digital Currency

In a move to curb the use of bitcoin and other cryptocurrencies in the country, Russian Finance Minister has confirmed the plans to penalize the conversion of digital currencies into fiat currencies. While several...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Oct 29, 2015 07:07 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $300 and jumped till $308. The pair has declined till $296 and recovered from that level. It is currently trading at $306.75. Short term trend is bullish as long as support $288...

Nasdaq’s blockchain-powered trading platform set to debut

Oct 28, 2015 12:08 pm UTC| Digital Currency

Time and again it has been said that the blockchain technology is not just limited to bitcoin, but has much broader applications. Setting such a precedent, Nasdaq in May announced Linq a digital ledger technology powered...

Mt Gox CEO Re-Arrested For Fraud And Mis-Use Of Funds

Oct 28, 2015 10:58 am UTC| Digital Currency

The Mt Gox debacle is far from over. According to latest reports, Tokyo Metropolitan Police Department has revealed that CEO Mark Karpeles, suspected of embezzling 321m ($2.6m) of customer deposits, spent a portion of the...

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Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

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

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...
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