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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

What if SEC approves any of the Bitcoin ETFs? The glimpse over anomalies of digital currency regulations

Feb 16, 2017 07:05 am UTC| Digital Currency Insights & Views Law

Winklevoss Capital Management LLC, launched the Winklevoss Investment Trust, the first proposed bitcoin ETF more than three years ago. Consequently, as a matter of regulatory framework, the trusthad filed to trade on the...

Digital Currency Revolution

FxWirePro: BTC/CNY upside capped by daily Tenken-Sen, good to sell on rallies

Feb 15, 2017 12:38 pm UTC| Digital Currency

BTC/CNY pair has shown a mild recovery till 6799 after declining till 6597. BTCC/CNY faces minor resistance at 6800 (daily Tenken-sen) and any minor bullishness can be seen only above that level (BTCCHINA). It is currently...

Digital Currency Revolution

FxWirePro: ETH/EUR faces strong resistance at 12.92, good to buy on dips

Feb 15, 2017 10:37 am UTC| Digital Currency

ETH/EUR is seen trading slightly below on Wednesday. The pair has broken resistance at 12.38 (161.8% retracement of 10.95 and 8.64) and jumped sharply from that level (KRAKEN). It is currently trading at 12.23 at the time...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 21- day EMA, good to buy on dips

Feb 15, 2017 08:59 am UTC| Digital Currency

BTC/EUR is seen trading above on Wednesday and is trading around 964 and 930 for the past four trading sessions (COINBASE). It is currently trading around 960 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

Derivative trading platform BitMEX adds digital currency Dash

Feb 15, 2017 06:10 am UTC| Digital Currency

Cryptocurrency derivatives trading platform BitMEX has added digital currency Dash to its trading platform. The addition follows BitMEXs recent software updates and its historic 24-hour trading volumes. The trading...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 38.2% fibo, good to sell on rallies

Feb 14, 2017 12:21 pm UTC| Digital Currency

BTC/CNY is seen trading low on Tuesday. The pair has shown a mild recovery after declining till 6597 levels (BTCCHINA). BTCC/CNY faces minor resistance at 6876 and any minor bullishness can be seen only above that level....

Digital Currency Revolution

FxWirePro: ETH/EUR breaks major resistance 10.95, jump till 12.37 likely

Feb 14, 2017 10:22 am UTC| Digital Currency

ETH/EUR is seen trading well above on Tuesday and the pair has broken major resistance at 10.95 and jumped sharply from that level (KRAKEN). It is currently trading at 11.48 at the time of writing. Ichimoku analysis of...

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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

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...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...

Tesla Enhances Model Y Lineup with Longer-Range Variant, Price Adjustment

Tesla has revamped its Model Y offerings, bidding farewell to the standard range rear-wheel-drive (RWD) model while introducing a longer-range variant for an additional $2,000. This strategic maneuver aligns with Teslas...

Shiba Inu Coin Rockets as Burn Rate Skyrockets 1000% Amidst Market Rally

Shiba Inu Coin (SHIB) ignites the crypto market with a phenomenal rally, propelled by a staggering 1000% surge in burn rates. As 29.11 million SHIB tokens are destroyed, market confidence soars, pushing SHIB past crucial...

Dogecoin Surges 13% as Network Activity Soars, Hits 28,000 New Addresses

Dogecoin experiences a remarkable surge, with its price skyrocketing by 13% in response to an unprecedented rise in network activity. On-chain analytics reveal a staggering influx of 28,000 new addresses, signaling renewed...