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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: BTC/CNY faces strong resistance at 6600, break above targets 7360

Jan 24, 2017 12:49 pm UTC| Digital Currency

BTC/CNY pair is seen trading below in red on Tuesday and jumped till 6513 on 22nd Jan 2017 and slightly retreated from that level (BTCCHINA). It is currently trading around 6261.3 at the time of writing. Ichimoku...

Digital Currency Revolution

FxWirePro: ETH/EUR faces strong resistance at 76.4% fibo, any close above targets 10.95

Jan 24, 2017 12:17 pm UTC| Digital Currency

ETH/EUR is seen trading below in red on Tuesday. The pair has shown a slight jump till 10.30 on 21st Jan 2017 after forming a bottom around 8.64 levels (KRAKEN). It is currently trading at 9.93 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD fails to hold above 200-DMA, break below 21-DMA targets 9.93

Jan 24, 2017 11:22 am UTC| Digital Currency

ETH/USD hit a high of 11.19 levels on Monday, but failed to sustain its move. It is currently trading at 10.58 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 10.39 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP takes support at cloud top, further bullishness only above 750

Jan 24, 2017 10:59 am UTC| Digital Currency

BTC/GBP fell to a low of 712.33 levels on Tuesday before restoring its strength to 734 levels, where it currently trades (Coinbase). Ichimoku analysis of daily chart: Tenkan Sen: 718.78 Kijun Sen: 777.50 Trend...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by trend line resistance at 925, decisive break above confirms further bullishness

Jan 24, 2017 10:34 am UTC| Digital Currency

BTC/USD continues to trade below the major trend line joining 628.99 and 745.19 and is struggling to break above. It is currently trading at 913 levels at press time. (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/EUR upside capped by daily kijun-Sen, good to buy on dips

Jan 24, 2017 07:29 am UTC| Digital Currency

BTC/EUR is seen trading low on Tuesday and the pair is trading in anarrow range between 882.75 and 800.61 for the past six trading sessions (COINBASE). It is currently trading around 854.13 at the time of...

Digital Currency Revolution

Bitcoin startup Purse launches Android app

Jan 24, 2017 07:20 am UTC| Digital Currency

Bitcoin-based marketplace Purse.io has announced the official launch of Purse Android App, which follows the launch of iOS app in November 2016. Purse said that the app is designed to cater to all bitcoin needs of the...

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Economy

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Politics

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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

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

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

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Technology

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

Renowned AI godfather Geoffrey Hinton warns of significant job losses due to AI, urging governments to adopt universal basic income as a countermeasure. Hinton Advocates for Universal Basic Income According to...

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...