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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: ETH/USD breaks above 21-DMA, good to buy on dips

Dec 29, 2016 08:50 am UTC| Digital Currency

ETH/USD soared higher on Thursday on the back of newly found momentum and has broken 21-day MA. It is currently trading at 8.19 levels (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 7.49 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: Is Bitcoin volatility good for hedging? What does 2017 mean for BTC/USD?

Dec 29, 2016 07:49 am UTC| Digital Currency Commentary

Well, before getting into core forecast, wish you all the best to begin with 2017, the low volatility for bitcoin has reasonably been foreseen in this new year (possibly a couple of hiccups every now and then), but a...

Digital Currency Revolution

IRS challenges Coinbase customer’s motion to block investigation

Dec 29, 2016 07:33 am UTC| Digital Currency

The Internal Revenue Service (IRS) is seeking to dismiss the filing by Coinbase customer Jeffrey K. Berns, which sought to block the IRS from accessing personal and transactional information of individuals who used the...

Digital Currency Revolution

Travel agency Destinia to operate exclusively in bitcoins in Venezuela

Dec 29, 2016 06:47 am UTC| Digital Currency

Venezuelan economy has been in the strong clutches of severe economic crisis for quite some time now. According to the International Monetary Fund, consumer-price inflation is forecast to hit 480% this year and top 1,640%...

Digital Currency Revolution

DASH/ USDT faces strong resistance around USDT10.66, break above targets USDT11.22

Dec 28, 2016 13:08 pm UTC| Digital Currency

DASH/USDT is seen trading above on Wednesday. The pair has recovered sharply from the low of USDT9.50 level (Poloniex). DASH/USDT broken minor resistance of USD10.29 high made on 26th Dec. It is currently trading around...

Digital Currency Revolution

BTC/CNY hits fresh year high, jump till 7000 likely

Dec 28, 2016 11:20 am UTC| Digital Currency

BTC/CNY is seen trading well above on Wednesday, hitting a fresh year high. The pair broken the high made on yesterday and jumped sharply 6885 levels (BTCCCHINA). It is currently trading around 6859 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD takes support at 7, good to go short on break below

Dec 28, 2016 09:31 am UTC| Digital Currency

ETH/USD is continuing its rangebound trade on Wednesday as well, with its upside capped by 7-EMA. It is currently trading at 7.19 levels (Kraken). Long-term trend: Bearish Short-term trend: Bearish 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

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...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...