Menu

Search

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: ETH/USD hovers around 10-DMA, break above targets 780

May 15, 2018 09:12 am UTC| Digital Currency

ETH/USD is struggling to break above 10-DMA and is currently trading in a close range around 730 levels at the time of writing (Coinbase). On the upside, a decisive break above 730 (10-DMA) would see the pair soaring to...

Digital Currency Revolution

A glimpse at institutional investors’ perception on crypto avenues

May 15, 2018 07:43 am UTC| Digital Currency Fintech Insights & Views

Amid endless speculation about a crypto-bubble, there has been lingering indecisiveness about regulatory framework on cryptocurrency space, a lack of trusted custodians and concerns about security are key factors that...

Digital Currency Revolution

FxWirePro: BTC/USD consolidates inside Ichimoku cloud, break above targets 9660

May 15, 2018 07:25 am UTC| Digital Currency

BTC/USD is consolidating in a narrow range inside Ichimoku cloud with its upside capped by 100-DMA. It is currently trading at 8735 levels at the time of writing (Bitstamp). On the top side, the pair faces resistance at...

Digital Currency Revolution

Reserve Bank of Zimbabwe bans banking services to cryptocurrency exchanges

May 15, 2018 06:45 am UTC| Digital Currency

The Reserve Bank of Zimbabwe (RBZ) has issued an order prohibiting all domestic financial institutions to immediately cease trading or transacting in cryptocurrencies, News Day reported. In a recent circular, RBZ...

Digital Currency Revolution

First Nasdaq-powered cryptocurrency exchange DX to go live in June 2018

May 15, 2018 06:04 am UTC| Digital Currency

[Update: The article has been edited to include a statement from CEO Daniel Skowronski from the official release.] The first cryptocurrency exchange powered by Nasdaq is going to launch next month, Finance Magnates...

Blockchain Revolution Series

Digital Currency Revolution

FxWirePro: BCH forms shooting star to signal weakness ahead of imminent hard fork

May 15, 2018 05:39 am UTC| Digital Currency Fintech Technicals

BCHUSD (Bitcoin coin cash) forms shooting stars quite frequently at 1466.9, 1478 and now at 1458 levels, both leading oscillators evidence faded strength and lagging indicators signal uptrend reversal (refer daily chart). ...

Digital Currency Revolution

Achieve more transparency for prospective Ether and Bitcoin as CME Group and Crypto Facilities team up to build cryptocurrency indices

May 15, 2018 04:25 am UTC| Digital Currency Insights & Views

In our recent post, we reported that British Crypto facilities firm (CF) unveils ETH futures, the firm provides CME Group, the worlds largest derivatives exchange, with the CME CF Bitcoin Reference Rate that powers CME...

  461 462 463 464 465 466 467 468 469 470   

Economy

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...

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

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

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...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.