Become a contributor

Bookmark Econotimes

Sat, Dec 20, 2025 03:32 AM All times are UTC

Follow Series

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

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

What Elon Musk's bitcoin U-turn means for the future of crypto

May 16, 2021 11:29 am UTC| Digital Currency Investing

Teslas relationship with cryptocurrencies has been a stop-start rollercoaster. In February, the electric vehicle manufacturer announced it had purchased US$1.5 billion (1.1 billion) of bitcoin and planned to accept the...

Blockchain Revolution Series

Digital Currency Revolution

How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

Apr 04, 2021 10:23 am UTC| Technology Digital Currency

Takeaways · Nonfungible tokens prove ownership of a digital item image, sound file or text in the same way that people own crypto coins. · Unlike crypto coins, which are identical and worth the same,...

Digital Currency Revolution

Bitcoin may now be used for Starbucks transactions

Apr 02, 2021 00:06 am UTC| Digital Currency

Starbucks customers can now use Bitcoin, gift cards, and frequent flyer miles to reload their Starbucks cards through the coffee chains app. While Starbucks doesnt directly accept cryptocurrencies, the Bakkt App allows...

Digital Currency Revolution

India to criminalize cryptocurrency possession, trading

Mar 15, 2021 23:55 pm UTC| Law Digital Currency

India will propose a law criminalizing possession, issuance, trading, mining, and transferring crypto-assets in the country. The bill, one of the worlds strictest cryptocurrency policies, is in line with a government...

Digital Currency Revolution

Bitcoin isn't getting greener: four environmental myths about cryptocurrency debunked

Feb 20, 2021 12:38 pm UTC| Technology Digital Currency

The price of bitcoin has reached US$50,000 (36,095) another all-time high. Its hard to believe that 10,000 bitcoin would only buy a couple of pizzas ten years ago. Its even stranger to think that bitcoins are completely...

Digital Currency Revolution

Bitcoin: why a wave of huge companies like Tesla rushing in could derail the stock market

Feb 12, 2021 08:04 am UTC| Technology Digital Currency

After Tesla announced it has invested US$1.5 billion in bitcoin and expects to start accepting the cryptocurrency as a payment for its electric vehicles in the near future, the bitcoin price went soaring. It went from...

Digital Currency Revolution

Ethereum: what is it and why has the price gone parabolic?

Jan 22, 2021 07:30 am UTC| Investing Digital Currency

The price of the worlds second largest cryptocurrency, ether, hit a new all-time high of US$1,440 (1,050) on January 19. This breached a previous high set three years ago and gave ether a total value (market...

361 362 363 364 365 366 367 368 369 370

Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Politics

U.S. Launches Large-Scale Airstrikes on ISIS Targets in Syria After Deadly Attack

The United States military carried out extensive airstrikes against Islamic State (ISIS) targets across Syria on Friday, escalating its response after a deadly attack on American personnel, according to U.S. officials. The...

Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

Russian President Vladimir Putins special envoy Kirill Dmitriev is traveling to Miami for talks with U.S. President Donald Trumps envoy Steve Witkoff and Trumps son-in-law Jared Kushner, according to a Russian source cited...

Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

A Russian missile attack late on Friday struck critical port infrastructure near Ukraines Black Sea port city of Odesa, killing at least seven people and injuring 15 others, according to Ukrainian officials. The attack...

Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

U.S. President Donald Trump has nominated Lieutenant General Frank Donovan, the vice commander of U.S. Special Operations Command, to become the next head of U.S. Southern Command (SOUTHCOM), the military body responsible...

Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

Brazils Supreme Court Justice Alexandre de Moraes has authorized former President Jair Bolsonaro to temporarily leave the Federal Police Superintendency in Brasília, where he is currently serving a 27-year prison...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...