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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

FxWirePro: BTC/USD eyes 20-DMA support, break below confirms further bearishness

May 08, 2018 07:24 am UTC| Digital Currency

BTC/USD is trading in a close range on Tuesday as it tries to hold above 20-DMA. It is currently trading at 9327 levels at the time of writing (Bitstamp). On the upside, the pair faces resistance at 9566 (5-DMA) and a...

Digital Currency Revolution

Elon Musk counters Warren Buffet on cryptocurrency

May 08, 2018 06:49 am UTC| Digital Currency Insights & Views

Legendary investor Mr. Warren Buffet had recently stated that he would never invest in cryptocurrencies as he was so certain about the cryptocurrencies would come to a bad end. Warren Buffett slammed cryptocurrencies as...

Digital Currency Revolution

Venezuelan President announces digital cryptocurrency bank, assigns 20M petros

May 08, 2018 03:37 am UTC| Digital Currency

Venezuelan President Nicolas Maduro has announced plans to set up a digital bank of cryptocurrencies for the countrys youth. According to the announcement, the head of the state has assigned 20 million petros (around...

Digital Currency Revolution

FxWirePro: ETH/USD plummets to near 700, break below 20-DMA confirms further bearishness

May 07, 2018 10:57 am UTC| Digital Currency

ETH/USD is trading deep in the red on Monday as it failed to close above 1w 20-SMA. It is currently trading at 717 levels at the time of writing (Coinbase). On the upside, the pair is trading just shy of 727 (1h...

Blockchain Revolution Series

Digital Currency Revolution

Spotlight on GS, JP Morgan and hard fork’s buzzing noise in cryptocurrency universe

May 07, 2018 09:37 am UTC| Fintech Digital Currency Insights & Views

Goldman Sachs optimism on cryptocurrencies and its derivatives trading is likely to add a domino effect in Wall Street circles, said Blockchain Capital partner Spencer Bogart. He considers that the Goldman Sachs decision...

Initial Coin Offering Series

Digital Currency Revolution

Japanese cryptocurrency exchange QUOINE launches ICO platform

May 07, 2018 07:27 am UTC| Digital Currency

Japanese cryptocurrency exchange QUOINE has announced the launch of its Initial Coin Offering (ICO) platform ICO Mission Control. The new platform is an all-in-one ICO execution service an end-to-end solution aimed at...

Digital Currency Revolution

FxWirePro: BTC/USD rejected at 200-DMA, break below 20-DMA to see further downside

May 07, 2018 06:37 am UTC| Digital Currency

BTC/USD is trading lower on Monday after it got rejected at 200-DMA. It is currently trading at 9351 levels at the time of writing (Bitstamp). On the upside, the pair now faces resistance at 9615 (2h 50-SMA) and a break...

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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

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...

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...

Technology

China To Drive Next Rally in Bitcoin, Gold Prices: Tapiero's Bold Predictions

The prospective outlook for Chinas economy, combined with speculation of Quantitative Easing (QE) in the regions real estate industry, is expected to have an impact on Bitcoin (BTC) and gold prices and liquidity in the...

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...