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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

FxWirePro: ETH/EUR trades higher, good to buy on dips

Apr 19, 2017 11:14 am UTC| Digital Currency

ETH/EUR pair has recovered slightly after making a low of 43.30 on Apr 14th, 2017 (KRAKEN). It is currently trading around 46.75 at the time of writing. Ichimoku analysis of daily chart indicates: Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: ETH/USD hovering around 50, close above could see further bullishness

Apr 19, 2017 10:20 am UTC| Digital Currency

ETH/USD is struggling to break above the 50-DMA and continues to hover around this level at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 46.84 Kijun-Sen: 47.99 On the upside, a...

Digital Currency Revolution

FxWirePro: BTC/GBP upside capped by 10-DMA, break below 50-DMA to see minor bearishness

Apr 19, 2017 09:59 am UTC| Digital Currency

BTC/GBP is trading in a narrow range on Wednesday, as it failed to close above 10-DMA on April 18. It is currently trading at 931 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong resistance at 1160, break above targets 1235

Apr 19, 2017 09:28 am UTC| Digital Currency

BTC/EUR is seen trading slight;y below on Wednesday and the pair has shown a mild recovery till 1137 after forming a minor bottom at 1069 on Apr 15th 2017 (COINBASE). It is currently trading around 1121.59 at press...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong trend line resistance at 1200, break above to see further upside

Apr 19, 2017 09:17 am UTC| Digital Currency

BTC/USD failed to close above trend line resistance on Tuesday. It is currently trading at 1190 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1185 Kijun Sen:...

Digital Currency Revolution

German financial regulator freezes accounts of OneCoin payment processor

Apr 19, 2017 06:17 am UTC| Digital Currency

Germanys Federal Financial Supervisory Authority (BaFin) last week announced that it was freezing the bank accounts of IMS International Marketing Services GmbH, a German limited liability company based in the city of...

Digital Currency Revolution

Whaleclub trading platform adds support for bitcoin alternative ‘Dash’

Apr 19, 2017 04:20 am UTC| Digital Currency

Dash, the fourth most valuable cryptocurrency by market cap, has announced its partnership with Whaleclub, a Hong Kong-based trading platform that allows anyone to trade the financial markets by using digital...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Render (RNDR) Price Dips 3% After Recent 27% Surge: Key Factors Explained

In a surprising market shift, Render (RNDR) slipped by 3% today, cooling off from last weeks 27% rally. This dip follows significant whale transactions and heightened market volatility, spotlighting the fragile balance of...

Huawei Pocket 2 Global Launch Imminent, Revolutionizes Foldable Tech

Huawei is gearing up to introduce its latest innovation, the Pocket 2 foldable phone, to the global market soon, following a successful debut in its home market of China. Huawei Pocket 2 Nears Global...

Binance Under Strict FRA Watch for Three Years After DOJ Deal

The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the worlds largest cryptocurrency exchange, for the next three years. This move follows Binances November plea bargain...

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...

JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments

JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...