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 trades just shy of 20-DMA, break above to see minor bullishness

Apr 11, 2018 08:31 am UTC| Digital Currency

ETH/USD is trading in an extremely close range on Wednesday as it faces strong resistance at 20-DMA. It is currently trading at 415 levels at the time of writing (Coinbase). On the upside, a consistent break above 423...

Digital Currency Revolution

Australian blockchain startup DigitalX opens crypto fund

Apr 11, 2018 08:02 am UTC| Digital Currency

DigitalX, a Perth-based blockchain startup, has announced the opening of a new fund in order to offer investors access to a portfolio of cryptocurrencies. The fund, DigitalX Investments, will invest primarily in the...

Digital Currency Revolution

FxWirePro: BTC/USD rangebound, upside capped by 10-DMA, intraday bias neutral

Apr 11, 2018 06:46 am UTC| Digital Currency

BTC/USD remains rangebound on Wednesday with its upside capped by 10-DMA. It is currently trading at 6828 levels at the time of writing (Bitstamp). On the topside, immediate resistance is seen at 6903 (10-DMA) and a...

Digital Currency Revolution

Overstock’s blockchain subsidiary tZERO announces security token trading software

Apr 11, 2018 03:10 am UTC| Digital Currency

Online retail giant Overstock.coms blockchain subsidiary tZERO has unveiled the prototype of its planned security token trading software. [W]e are unveiling tZEROs security token trading software: the astute viewer of...

Digital Currency Revolution

Japan’s FSA releases cryptocurrency trading status report

Apr 10, 2018 11:14 am UTC| Digital Currency

Japans Financial Services Agency (FSA) on Tuesday released the status report on domestic cryptocurrency transactions. CoinDesk reported that the data has been collected from 17 cryptocurrency exchanges in Japan, as of...

Digital Currency Revolution

Crypto exchange Gemini to launch block trading facility

Apr 10, 2018 09:59 am UTC| Digital Currency

Leading cryptocurrency exchange Gemini has announced its plans to launch a fully electronic block trading facility this week. Gemini Block Trading will enable Gemini customers to buy and sell large quantities of digital...

Digital Currency Revolution

FxWirePro: ETH/USD rejected at 20-DMA resistance, break below 10-DMA targets 360

Apr 10, 2018 08:26 am UTC| Digital Currency

ETH/USD is trading in a narrow range on Tuesday after it was rejected at 20-DMA. It is currently trading at 396 at the time of writing (Coinbase). On the upside, a decisive break above 428 (20-DMA) would see the pair...

  481 482 483 484 485 486 487 488 489 490   

Economy

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,...

Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement

Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday that recent inflation data has been encouraging, raising the possibility of additional interest rate cuts next year if current trends continue....

Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision

Japans consumer price inflation remained largely steady in November, reinforcing expectations that the Bank of Japan (BOJ) will proceed with a long-anticipated interest rate hike as it seeks to control persistent price...

U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty

U.S. stock index futures edged lower on Thursday evening, cooling after a strong rebound on Wall Street driven by softer-than-expected November inflation data. The pullback reflected lingering caution among investors, as...

Politics

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...

Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

Brazilian Finance Minister Fernando Haddad confirmed on Thursday that he will not run for public office next year, putting an end to months of speculation surrounding his political future. Speaking at a press conference,...

Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. has moved to significantly restrict childrens access to gender-affirming care, marking one of the most far-reaching actions yet by the Trump administration...

Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

Washingtons decision to expand U.S. travel restrictions to include Antigua and Barbuda and Dominica is raising serious concerns across the Caribbean, where access to the United States plays a vital role in tourism,...

Barham Salih Elected as Next UN High Commissioner for Refugees

The United Nations General Assembly has elected Barham Salih, former president of Iraq and a longtime advocate for democracy and human rights, as the next United Nations High Commissioner for Refugees. The decision was...

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

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...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....
  • Market Data
Close

Welcome to EconoTimes

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