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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.

Blockchain Revolution Series

Digital Currency Revolution

CBDCs could relegate private virtual currencies to secondary role in payments system: IMF

Jun 20, 2017 11:26 am UTC| Digital Currency

The International Monetary Fund (IMF) has released a discussion note focusing on emerging fintech innovation, distributed ledger technology (DLT), and central bank digital currency (CBDC) among others. The paper, in...

Digital Currency Revolution

FxWirePro: ETH/USD continues choppy trade, close above 61.8% fib to see further upside

Jun 20, 2017 10:24 am UTC| Digital Currency

ETH/USD is continuing its rangebound trading on Tuesday as it struggles for a consistent break above 10-DMA. It is currently trading at 355 levels at the time of writing (BTC-e). Ichimoku analysis (Daily...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong resistance at 20-DMA, close above confirms further bullishness

Jun 20, 2017 09:33 am UTC| Digital Currency

BTC/GBP is trading in a narrow range as it is facing stiff resistance at 20-DMA. It is currently trading at 2043 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 1986 Kijun...

Digital Currency Revolution

FxWirePro: BTC/USD trades just shy of 20-DMA, further bullishness only on close above

Jun 20, 2017 08:56 am UTC| Digital Currency

BTC/USD is trading in a narrow range just shy of 20-DMA. It is currently trading at 2615 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 2550 Kijun Sen: 2415 On the...

Digital Currency Revolution

Indian governmental panel to submit report on bitcoin regulatory framework

Jun 20, 2017 05:24 am UTC| Digital Currency

A panel set up by the Indian government is preparing a report that discusses the regulatory framework for digital currencies such as bitcoin in the country, Moneycontrol reported. There has been an upsurge in the demand...

Digital Currency Revolution

FxWirePro: ETH/USD extremely rangebound, bias neutral

Jun 19, 2017 11:46 am UTC| Digital Currency

ETH/USD is trading in a very narrow range from past couple of sessions. It is currently trading at 347 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen: 352.50 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: ETH/EUR downside capped by 55- 4H EMA, good to buy on dips

Jun 19, 2017 11:34 am UTC| Digital Currency

ETH/EUR is consolidating in narrow range between 353 and 320 for the past three trading sessions (KRAKEN). The pair formed a temporary top around 385 and is currently trading around 311.00 at the time of...

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Technology

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

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Binance Pay Launches Dedicated Shiba Inu Payment Page, Boosting SHIB Use

Binance Pay, Binances cutting-edge crypto payment service, has recently launched a dedicated page to handle Shiba Inu (SHIB) payments. This new functionality offers up a plethora of potential for SHIB holders, making it...