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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/USD faces strong resistance at 50, bias neutral

Apr 18, 2017 10:23 am UTC| Digital Currency

ETH/USD continues rangebound trading on Tuesday as it faces stiff resistance at 50.00 levels. It is currently trading at 48 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP breaks above 10-DMA, good to go long on dips

Apr 18, 2017 09:37 am UTC| Digital Currency

BTC/GBP broke above 10-DMA on Tuesday and is currently trading at 960 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 954 Kijun Sen: 850.50 On the upside, a close above 956.20...

Digital Currency Revolution

FxWirePro: BTC/USD faces trend line resistance at 1205, bias higher, good to go long on dips

Apr 18, 2017 09:10 am UTC| Digital Currency

BTC/USD broke above 10-DMA on Tuesday and is currently holding its strength above this level. It is currently trading at 1204 levels (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1185 Kijun Sen:...

Digital Currency Revolution

Exodus multi-asset wallet adds support for Ethereum-powered Golem

Apr 18, 2017 07:29 am UTC| Digital Currency

Exodus, an all-in-one app to secure, manage, and trade blockchain assets, has announced its support for Golem on its platform. Our latest release brings the first new asset to Exodus in 2017 - we are looking at you...

Digital Currency Revolution

FxWirePro: BTC/EUR trades in narrow range, good to buy on dips

Apr 18, 2017 07:12 am UTC| Digital Currency

BTC/EUR trades in a narrow range between 1069 and 1160.71 for the past seven trading sessions (COINBASE). It is currently trading around 1127 at press time. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

Cryptocurrency exchange Bitfinex disables all fiat deposits

Apr 18, 2017 06:47 am UTC| Digital Currency

Hong Kong-based cryptocurrency exchange Bitfinex has announced that it is suspending all wire deposits to its platform, starting today 18 April 2017, Forklog reported. In an official blog post, the exchange...

Digital Currency Revolution

Digital Asset and Blockchain Foundation of India seeks to showcase bitcoin benefits to government

Apr 18, 2017 06:09 am UTC| Digital Currency

Following the recent announcement by the Indian government regarding the setting up of a committee to examine the existing framework on digital currencies, the Digital Asset and Blockchain Foundation of India (DABFI) has...

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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

FED Quietly Initiates Money Printing, Sparks Bitcoin Price Surge Speculation

One chart stands out as a beacon of optimism for Bitcoin and its peers in the complex landscape of cryptocurrencies. With the revival of the US money supply, investors face a critical moment. As the printing machines...

Ethereum ETFs: All Pending SEC Applications in a Bid for Regulatory Approval

Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry analysts are asking when the US Securities and Exchange Commission (SEC) will approve an Ethereum counterpart. For those who...

Tron Founder Justin Sun Bags 2M Tokens From EigenLayer Airdrop, Boosting Crypto Clout

Justin Sun, the founder and CEO of Tron (TRX), stands to benefit significantly from the EigenLayer token airdrop. He received over $2 million in EIGEN tokens as part of EigenLayers Phase 1 airdrop. acquiring a staggering...

Apple Nearing OpenAI Deal, Bringing ChatGPT to iPhone in iOS 18

Apple Inc. is on the brink of a breakthrough agreement with OpenAI, as sources reveal plans to incorporate the latters ChatGPT technology into the upcoming iOS 18. This move signals Apples robust stride into artificial...

Starlink Satellites Withstand 2024's Strongest Geomagnetic Storm

Starlinks satellite service withstood the most intense geomagnetic storm observed since 2003, maintaining connectivity amid widespread service disruptions. Starlinks Robust Network Tested by Geomagnetic...