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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

Bitcoin Now Trading At $1,187 And Rising, Surpasses Its Previous Record

Feb 27, 2017 08:25 am UTC| Digital Currency

After the Bitcoin market hit a snag a few years ago where its value plummeted to under $250, the digital currencys price has been rising steadily. Back in 2013, it set a record for its value at $1,165. Now, that number has...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 7-day MA, good to buy on dips

Feb 27, 2017 07:46 am UTC| Digital Currency

BTC/EUR has shown some sort of profit booking after hitting fresh all-time high around 1156 on Feb 24th 2017. The pair declined till 1060 and recovered from that level (COINBASE). It is currently trading around 1123.38 at...

Digital Currency Revolution

SBXbank to launch cryptocurrency-powered marketplace ‘Coinxmart’

Feb 27, 2017 05:28 am UTC| Digital Currency

SBXbank, a fintech company headquartered in London, is going to launch Coinxmart a unique marketplace where transactions are carried out using cryptocurrencies, Jakarta Globe reported. Speaking with Jakarta Globe,...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 5 –day MA, good to buy on dips

Feb 24, 2017 12:14 pm UTC| Digital Currency

BTC/CNY is seen trading slightly below in red on Friday. The pair has broken the minor top of 7589 made on Feb 9th, 2017 and jumped till 7902 (BTCCHINA). It is currently trading around 7649 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD reverses slump to 12.56, market volatile

Feb 24, 2017 10:55 am UTC| Digital Currency

[This article has been updated with latest information] ETH/USD broke above 5-DMA and hit 13.30 levels on Thursday. Today, the pair fell to 12.56 levels before restoring its strength to 13.18 levels, where it currently...

Digital Currency Revolution

FxWirePro: ETH/EUR trades well above 12 level, bullish continuation only above 12.80

Feb 24, 2017 10:38 am UTC| Digital Currency

ETH/EUR pair has broken minor resistance at 12.26 (61.8% retracement of 12.79 and 11.41) and jumped till 12.55 yesterday. ETH/EUR has shown a minor decline till 11.41 from the high of 12.79 on Feb 14th 2017 (KRAKEN). So a...

Digital Currency Revolution

FxWirePro: BTC/GBP kneejerk dive to 883, market highly volatile, caution advised

Feb 24, 2017 09:52 am UTC| Digital Currency

[This article has been updated with latest information] BTC/GBP plunged to 883.71 dollars after it hit an all-time high of 975 levels earlier in the day. It has restored its strength to above 900 levels and is currently...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

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...

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Tesla Cybertruck 'Odyssey' Roars into Europe, Berlin Display Kicks Off Tour

Teslas futuristic Cybertruck made a striking debut at Berlins Mall of Berlin, marking the launch of its European tour. The event, part of the Cyber Odyssey, precedes the electric pickups journey through 24 cities as Tesla...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...

Vodafone Ventures into Crypto Integration: SIM Cards to Host Blockchain Wallets

Vodafone, the UK-based telecom giant, is pioneering a groundbreaking initiative to fuse blockchain technology with smartphone functionality by integrating cryptocurrency wallets directly into SIM cards. This innovative...