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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

BTCC, Huobi, OKCoin to implement fee-based trading from today

Jan 24, 2017 05:23 am UTC| Digital Currency

Three leading Chinese bitcoin exchanges have decided to charge fees for bitcoin and Litecoin trading, starting today, January 24. The move comes as the exchanges BTCC, Huobi and OKCoin seek to curb speculation and...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 200-DMA, break above 11 targets 11.63

Jan 23, 2017 10:00 am UTC| Digital Currency

ETH/USD broke above 200-DMA and hit a high of 11 levels on January 21. However, it is struggling to hold its strength above this level and is currently trading at 10.77 levels at press time (Kraken). Ichimoku analysis...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong trend line resistance at 750, break above targets 780

Jan 23, 2017 09:18 am UTC| Digital Currency

BTC/GBP hit 764.42 levels on January 22, but failed to close above the trend line. It continues to hover around this major resistance and is currently trading at 744 levels at press time (Coinbase). Ichimoku analysis of...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong trend line resistance at 925, break above targets 945

Jan 23, 2017 08:58 am UTC| Digital Currency

BTC/USD is struggling for a consistent break above the trend line resistance and is currently trading at 922 levels (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 872.87 Kijun Sen: 945.61 Trend...

Digital Currency Revolution

Grayscale Investments files to list Bitcoin Investment Trust on NYSE

Jan 23, 2017 05:29 am UTC| Digital Currency

Grayscale Investments, LLC, a New York-based wholly-owned subsidiary of Digital Currency Group, has filed with the Securities and Exchange Commission (SEC) to list the Bitcoin Investment Trust as an exchange-traded fund in...

Digital Currency Revolution

FxWirePro: DASH/ USDT trades slightly above USDT15, jump till USDT16.95 likely

Jan 20, 2017 11:56 am UTC| Digital Currency

DASH/USDT pair broken major resistance at USDT15 level and jumped till USDT15.69 levels (Poloniex). It is currently trading around USDT15.37 at the time of writing. Ichimoku analysis (Daily chart): Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: BTC/CNY trades in narrow range, slight bullishness only above 6600 level

Jan 20, 2017 11:45 am UTC| Digital Currency

BTC/CNY is seen trading slightly below in red on Friday. The pair is trading between 6320 and 5716 for the past two trading sessions (BTCCHINA). It is currently trading around 6064.41 at the time of writing. Ichimoku...

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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...

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

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...