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FxWirePro: ETH/EUR bulls cushioned at 21-EMA, attempt to break-out wedge resistance – Add longs on bullish crossovers

Apr 17, 2018 11:59 am UTC| Technicals Digital Currency

ETHEUR on daily terms, forms falling wedge pattern. The trend has been oscillating between falling wedge, where bulls take support at wedge baseline and now attempting to break-out wedge resistance (refer daily...

Digital Currency Revolution

South Korean cryptocurrency exchange Korbit to list Litecoin

Apr 17, 2018 11:02 am UTC| Digital Currency

South Korean cryptocurrency exchange Korbit is going to add support for Litecoin LTC on its platform. Litecoin creator Charlie Lee made the announcement via Twitter: Tomorrow, @KorbitBTC will launch LTC...

Blockchain Revolution Series

India-based ICICI Bank on-boards over 250 corporates on blockchain trade finance platform

Apr 17, 2018 10:33 am UTC| Digital Currency

Leading Indian private sector bank ICICI Bank has announced the on-boarding of more than 250 corporates on its blockchain platform for domestic and international trade finance, marking the most by any Indian bank, The...

Digital Currency Revolution

Cryptocurrency exchange Kraken to end services in Japan

Apr 17, 2018 09:35 am UTC| Digital Currency

Leading cryptocurrency exchange Kraken is going to end its trading services in Japan, Bloomberg reported. The San Francisco-based company had been allowed to operate in Japan without a license. It cited mounting costs...

Digital Currency Revolution

FxWirePro: ETH/USD trades in narrow range, break above 50-DMA targets 600

Apr 17, 2018 08:54 am UTC| Digital Currency

ETH/USD is trading in a tight range on Tuesday as it hovers around 1w 7-SMA at 515 levels at the time of writing (Coinbase). On the upside, a consistent break above 515 (1w 7-SMA) would target 538 (Upper Bollinger)/568...

Digital Currency Revolution

FxWirePro: BTC/USD rangebound, further bullishness only on break above 55-EMA

Apr 17, 2018 06:57 am UTC| Digital Currency

BTC/USD is trading in an extremely narrow range after it got rejected at 55-EMA. It is currently trading at 8025 at the time of writing (Bitstamp). On the topside, a consistent break above 8409 (55-EMA) will see the...

Blockchain Revolution Series

Marsh, IBM collaborate on commercial blockchain solution for proof of insurance

Apr 17, 2018 05:51 am UTC| Digital Currency

Insurance broking firm Marsh, in collaboration with IBM, ACORD, and ISN, has announced the first commercial blockchain solution for proof of insurance. Currently in the pilot phase, the blockchain solution is aimed at...

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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...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

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...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

Renowned AI godfather Geoffrey Hinton warns of significant job losses due to AI, urging governments to adopt universal basic income as a countermeasure. Hinton Advocates for Universal Basic Income According to...

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...