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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

Bitcoin Corrections Appear To Be Healthy, Uphold Long Hedges

Feb 17, 2020 08:44 am UTC| Research & Analysis Digital Currency Technicals

Bitcoin bullish price rout has completed saucer pattern chart formation and now halted at $10,522 level, the trend seems to be exhausted a bit to plunge below 7-DMAs and $10k level. Currently, hovering at 21DMAs, any...

Digital Currency Revolution

US-CFTC Charges Colorado-Based VC In Ponzi Crypto Scam

Feb 17, 2020 06:22 am UTC| Research & Analysis Digital Currency

The US Commodity Futures Trading Commission (CFTC) has announced their charges against a Colorado based and associated investment company on Ponzi Crypto Schemes. Denver local Breonna Clark, along with Colorado-based...

Digital Currency Revolution

FC Barcelona Partners With Blockchain Startup Chilis To Offer New Coin ‘BAR’

Feb 14, 2020 06:32 am UTC| Research & Analysis Digital Currency Commentary

FC Barcelona, the renowned football club appears to be testing their luck in cryptocurrency gamut as they are adopting digital currencies. The reputed Spanish FC Barcelona has announced that they have entered into a...

Digital Currency Revolution

Altcoins Join The Crypto-Bulls’ Bandwagon

Feb 13, 2020 15:03 pm UTC| Digital Currency

The price of pioneer cryptocurrency (Bitcoin) has surged commendably in the recent past, with the resounding rallies of about 63% since December and 42% in 2020 have surpassed through the psychologically significant $10k...

Digital Currency Revolution

Stablecorp Inc Unveils ‘QCAD’ Pegged To Canadian Dollar

Feb 12, 2020 14:34 pm UTC| Research & Analysis Digital Currency Commentary

As major cryptocurrencies like bitcoin suffering immense volatility, either steep crashes abruptly or sharp gainsin a spur of moment, advocates the essence of stablecoins presence. But the stable coin frenzy initially took...

Digital Currency Revolution

CME’s Chief Economist Relishes Bitcoin As Modern-day’s Diversification Tool

Feb 12, 2020 08:41 am UTC| Research & Analysis Digital Currency Commentary

CMEs Chief Economist at the Chicago Mercantile Exchange (CME), Bluford Putnam seems to be optimistic on Bitcoin and other major cryptocurrencies. He considers such digital assets are to be worth for further investigation...

Digital Currency Revolution

Bitcoin Bounce-Back Above $10k And Extends Bullish Streaks On Fed Chief Powell’s Stances Of CBDC

Feb 12, 2020 07:00 am UTC| Digital Currency Technicals Central Banks

Federal Reserve Chief Powell acknowledged the essentiality for the privacy, and crypto transactions through native digital currency, that in turn stimulates the bullish sentiments among the cryptocurrency industry. On...

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Economy

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....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

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...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

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

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...

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...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...