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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

Crypto exchange Bitfinex adds trading of 12 new tokens

Apr 09, 2018 05:15 am UTC| Digital Currency

Crypto exchange Bitfinex has announced the introduction of 12 new token listings to its trading platform. The new additions include Aion (AION), IOSToken (IOST), Request Network (REQ), Raiden Network (RDN), Loopring...

Digital Currency Revolution

UK FCA issues statement on regulatory requirements for firms offering cryptocurrency derivatives

Apr 09, 2018 03:58 am UTC| Digital Currency

The UK Financial Conduct Authority (FCA) has issued an official statement on the requirement for firms offering cryptocurrency derivatives to be authorised. The regulator said that while it does not regulate...

Digital Currency Revolution

Crypto startup Coinbase announces venture arm

Apr 09, 2018 03:10 am UTC| Digital Currency

Leading crypto firm Coinbase has announced the setting up of Coinbase Ventures in its efforts to create an open financial system for the world. The new initiative is aimed at providing financing to promising early stage...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – April 6th, 2018

Apr 06, 2018 11:42 am UTC| Digital Currency

BoE announces PoC on ensuring renewed RTGS services compatibility with DLT The Bank of England (BoE) has announced that it is commencing a proof-of-concept (PoC) to look into the way in which its renewed Real Time Gross...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 10-DMA, good to go short on break below 360

Apr 06, 2018 07:53 am UTC| Digital Currency

ETH/USD is trading in the red on Friday at 367 levels as it faces strong resistance at 10-DMA (Coinbase). On the upside, the pair faces strong resistance at 392 (10-DMA) would see the pair testing 421 (3h 100-SMA)/459...

Digital Currency Revolution

FxWirePro: BTC/USD trades just above trend line support at 6470, bias bearish, good to go short on break below

Apr 06, 2018 06:55 am UTC| Digital Currency

BTC/USD is trading lower on Friday as it failed to break above 10-DMA. It is currently trading at 6555 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 6850 (1h 50-SMA) and a break above...

Digital Currency Revolution

RBI bans banks from engaging with crypto companies, explores central bank digital currency

Apr 06, 2018 04:49 am UTC| Digital Currency

In its latest statement on developmental and regulatory policies, the Reserve Bank of India (RBI) has banned the entities regulated by it from engaging with any individual or businesses involved with digital...

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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....
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