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Digital Currency Revolution

Financial Stability Board publishes framework to monitor crypto-assets

Jul 16, 2018 09:10 am UTC| Digital Currency Fintech

The Financial Stability Board (FSB), an international body monitoring the global financial system, has published a framework to monitor the implications of crypto-assets on financial stability. The FSB has published...

Digital Currency Revolution

BTC/USD Price Band Between $5,500 - $6,000 and Reminiscences of Bitcoin Boom-Cycle

Jul 16, 2018 06:16 am UTC| Research & Analysis Fintech Technicals Insights & Views

The month of June has been pathetic for crypto-universe when Coinrail, the South Korean based digital exchange platform, reported a hacking news, as a result, the price of Bitcoin (BTCUSD) plunged by more than 17.8% (as...

Blockchain Revolution Series

Banco Santander sets up new team to explore blockchain use in securities transactions

Jul 16, 2018 04:59 am UTC| Digital Currency Fintech

Spanish banking giant Banco Santander last week announced its plans to leverage blockchain and other cutting-edge technologies within its capital markets business to transform how securities are issued, traded and...

Digital Currency Revolution

Denial of access to traditional banking gateways potentially anticompetitive to cryptocurrency market: EU Parliament report

Jul 13, 2018 10:46 am UTC| Digital Currency Fintech

A recent report prepared for the European Parliament has identified digital currencies as one of the key areas representing the evolution of fintech services. The report, Competition issues in the Area of Financial...

Blockchain Revolution Series

A number of blockchain applications under review at BoT: Governor Santiprabhob

Jul 13, 2018 05:03 am UTC| Digital Currency Fintech

The Bank of Thailand is currently reviewing blockchain applications for cross-border payments, supply chain financing, and document authentication, Governor Dr. Veerathai Santiprabhob said recently. Speaking at the...

Digital Currency Revolution

Crypto-backed credit comes to Uphold users via Libra Credit partnership

Jul 13, 2018 03:32 am UTC| Digital Currency Fintech

Digital money platform Uphold is collaborating with Libra Credit, a decentralized global lending network, to offer its users access to a variety of Libra Credit products. Founded by former PayPal financial technology...

Digital Currency Revolution

Purse.io reckons Bitcoin cash better than other altcoins for instant transactions – Lingering BCH/USD dips on flurry of bearish signals

Jul 12, 2018 09:11 am UTC| Technicals Research & Analysis Insights & Views Digital Currency Fintech

The price of BCHUSD pair is experiencing a major bearish trend. The minor trend of BCHUSD slides through falling wedge formation (refer daily chart). Shooting Star patterns pop up at stiff resistance (at 755.4 and...

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Economy

Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes

Asian currencies traded in a narrow range on Friday as the U.S. dollar rebounded modestly from a near four-year low, following comments from U.S. President Donald Trump that he would announce his nominee for the next...

Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.

Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell significantly, highlighting ongoing challenges tied to trade diversification and U.S. tariff uncertainty....

U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster

The Trump administration has eased select sanctions on Venezuelas oil industry, signaling a major policy shift aimed at encouraging U.S. investment following the ouster of President Nicolás Maduro earlier this...

Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions

Oil prices are heading for their largest monthly gains in years as escalating Middle East tensions fuel concerns over potential supply disruptions, particularly involving Iran, one of the worlds largest OPEC producers....

Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout

Indonesia stocks are set for a cautious start as investor sentiment remains fragile following a sharp market selloff triggered by concerns raised by MSCI. The Jakarta Composite Index suffered its steepest two-day decline...

Politics

Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns

Panamas Supreme Court has ruled unconstitutional the port concession contracts held by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison Holdings (HK:0001), effectively voiding its rights to operate two of...

Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates

U.S. President Donald Trump has intensified trade tensions with Canada by announcing the decertification of Bombardier Global Express business jets and threatening steep new tariffs on Canadian-made aircraft. In a...

Trump Warns UK and Canada Against Deepening Business Ties With China

U.S. President Donald Trump has issued a strong warning to the United Kingdom and Canada over expanding business cooperation with China, describing such moves as very dangerous during a recent public appearance. His...

Faith Leaders Arrested on Capitol Hill During Protest Against Trump Immigration Policies and ICE Funding

Dozens of faith leaders were arrested on Capitol Hill in Washington, D.C., after staging a protest against President Donald Trumps immigration policies and calling for funding restrictions on U.S. Immigration and Customs...

Democrats Question Intelligence Chief’s Role in FBI Georgia Election Raid

Top Democrats on the U.S. Senate and House intelligence committees are demanding answers after Director of National Intelligence Tulsi Gabbard was present during a recent FBI raid on an election facility in Georgia, an...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom

Apple is beginning to feel the strain from rapidly rising memory chip prices, a challenge that is expected to intensify in the current quarter as the global semiconductor market pivots toward artificial intelligence...

Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High

Apple (NASDAQ: AAPL) delivered a strong fiscal first-quarter 2026 earnings report, comfortably beating Wall Street expectations on both profit and revenue, driven by its strongest iPhone sales growth in more than four...

OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs

OpenAI is reportedly accelerating preparations for a potential initial public offering (IPO), with plans to go public by the fourth quarter of 2026, according to a Wall Street Journal report citing people familiar with the...

Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook

Sandisk shares surged more than 15% in after-hours trading on Thursday after the data storage and memory solutions company delivered a fiscal second-quarter earnings report that significantly exceeded Wall Street...

Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say

Elon Musks SpaceX is reportedly exploring potential merger and consolidation options with Tesla Inc. (NASDAQ: TSLA) or artificial intelligence startup xAI, according to a Bloomberg report citing people familiar with the...