Become a contributor

Bookmark Econotimes

Sat, May 18, 2024 01:53 PM All times are UTC

Follow Series

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

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: BTC/GBP breaks above 1000, good to buy on dips

Mar 02, 2017 10:27 am UTC| Digital Currency

BTC/GBP continued its uptrend on Thursday, surging past the 1000 mark. It is currently hovering around its new all-time high of 1006 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

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

Mar 02, 2017 10:23 am UTC| Digital Currency

BTC/EUR hits afresh all-time high around 1179.21 yesterday and declined slightly from the higher level (COINBASE). It is currently trading around 1172.95 at the time of writing. The overall trend is extremely bullish and...

Digital Currency Revolution

FxWirePro: BTC/USD hits all-time high for second consecutive day, good to buy on dips

Mar 02, 2017 09:54 am UTC| Digital Currency

BTC/USD broke above the 1200 mark on Wednesday and hit 1231 levels. The pair has broken above this level and is continuing uptrend on Thursday. It is currently trading at 1233 levels at press time (Bitstamp). Ichimoku...

Digital Currency Revolution

Blockchain’s potential to eliminate ‘currency’ by ushering in ‘virtual currency’ may remain a pipedream, says RBI official

Mar 02, 2017 06:32 am UTC| Digital Currency

The growing interest in financial technology or FinTech is being driven by two key innovations, namely, Market Place Financing or Crowd Funding and blockchain technology, a Reserve Bank of India official said...

Digital Currency Revolution

Bitcoin exchange Kraken acquires Cryptowatch

Mar 02, 2017 04:26 am UTC| Digital Currency

Leading cryptocurrency exchange Kraken has announced that it has acquired popular charting and trading platform Cryptowatch, marking its first acquisition of 2017. Last year, Kraken acquired three major bitcoin...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 38.2% fibo, good to buy on dips

Mar 01, 2017 12:16 pm UTC| Digital Currency

BTC/CNY is currently trading slightly below on Wednesday. The pair is trading in anarrow range between 7902 and 7300 for the past five trading sessions (BTCCHINA). It is currently trading around 7768 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD takes support near 1H 20-SMA, further upside on close above 16

Mar 01, 2017 10:37 am UTC| Digital Currency

ETH/USD hit 16.06 levels on Tuesday, stopping just shy of 16.08 levels (22 June 2016 high) but failed to hold its strength and closed at 15.63 levels. It is currently trading at 15.73 levels at the time of writing...

541 542 543 544 545 546 547 548 549 550

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...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

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...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...

$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...

Crucial SHIB Warning Goes Out: Fake Airdrop Scams Targeting Community, Here's Reason

The Shiba Inu team has delivered a crucial warning to its community, highlighting the presence of fake SHIB airdrop scams and the importance of safeguarding cryptocurrency assets. Shiba Inu Team Warns Community Against...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...