Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Sat, May 11, 2024 12:30 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Cryptocurrency Brief: Bitcoin surges to 3-week high on renewed buying interest, altcoins follow suit, ETH/USD ditches the trend – Tuesday, August 28th, 2018

Aug 28, 2018 11:54 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin prices surged to a 3-week high during European session Monday as investors engaged in buying attitude across the board. A report from Ethereum World News confirmed that Tom Lee has predicted that BTC could...

Digital Currency Revolution

FxWirePro: ETH/USD breaches 10-DMA resistance, decisive break above 21-EMA to see minor bullishness

Aug 28, 2018 11:32 am UTC| Digital Currency Technicals

(Refer ETH/USD chart on Trading View) ETH/USD successfully closed above 10-DMA on Monday at 287 levels. The pair is extremely rangebound on Tuesday and is trading at 288 levels at the time of writing...

Initial Coin Offering Series

China’s NIFA allows public to report illegal token sales

Aug 28, 2018 11:06 am UTC| Digital Currency

The National Internet Finance Association of China (NIFA), a self-regulatory organization in the field of internet finance, has implemented a feature on its platform to help governmental authorities in their clampdown of...

FxWirePro: BTC/EUR hovers around 55-EMA at 5907, good to go long on decisive break above

Aug 28, 2018 10:27 am UTC| Digital Currency Technicals

BTC/EUR intraday bias shifts to bullish after break above 21-EMA. The pair is currently hovering around 55-EMA and decisive break above will see further upside. Price action has broken above major EMAs on the...

Digital Currency Revolution

Stellar Lumens surpasses 1M accounts on its ledger

Aug 28, 2018 10:13 am UTC| Digital Currency

Stellar Lumens (XLM) has surpassed 1,000,000 accounts milestone on its ledger, according to the latest data from Stellar Expert the block explorer and analytics platform for Stellar Network. New #Stellar...

Blockchain Revolution Series

CULedger on track to raise $10M in Series A for credit union-focused DLT platform

Aug 28, 2018 09:17 am UTC| Digital Currency

CULedger, a credit union service organization (CUSO) focused on distributed ledger technology (DLT), has announced that it has raised $8.5 million in Series A funding, which will continue through November 18,...

What do cryptocurrency mining activities in sanctioned countries say?

Aug 28, 2018 08:03 am UTC| Digital Currency Research & Analysis Insights & Views Commentary

The US has currently imposed economic sanctions against one tenth of the worlds emerging economies.These nations include Iran, Venezuela, Cuba, Sudan, Myanmar, the Democratic Republic of Congo, North Korea, Russia, and...

701 702 703 704 705 706 707 708 709 710

Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Joe Biden to Possibly Quadruple Tariffs on Chinese EVs, Raising Duties to 100%

The US government plans to impose higher tariffs on various Chinese imports, including green products such as solar panels and batteries, medical equipment, and, most notably, an increase in duties on Chinese EVs from 25%...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Binance Under Strict FRA Watch for Three Years After DOJ Deal

The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the worlds largest cryptocurrency exchange, for the next three years. This move follows Binances November plea bargain...

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...

JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments

JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...