Menu

Search

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

ETH/USD plunges sharply, break below 11.12 targets 10.65

Oct 26, 2016 09:19 am UTC| Digital Currency

ETH/USD hit a fresh low of 11.12 levels on Tuesday and is currently trading at 11.50 levels (Kraken). Short-term trend: Bearish Ichimoku analysis of daily chart: Tenkan Sen: 12.00 Kijun Sen: 12.31 Trend...

Digital Currency Revolution

BTC/EUR trades slightly above 61.8% fibo, jump till 636 likely

Oct 26, 2016 07:39 am UTC| Digital Currency

BTC/EUR is seen trading well above on Wednesday. The pair breaks the 61.8% fibo level at 607 (61.8% retracement of 698 and 434.78) and jumped slightly till 610 levels (COINBASE).It is currently trading around 609.56 at the...

Digital Currency Revolution

BTC/USD breaks above major resistance at 656, jump till 684 likely

Oct 26, 2016 07:25 am UTC| Digital Currency

BTC/USD continues to hover around the previous high of 656 levels. It has hit 657.75 levels so far in the day and is currently trading at 656.80 levels (Bitstamp). Long-term trend: Bullish Short-term trend:...

Digital Currency Revolution

Jaxx blockchain wallet to add support for Zcash

Oct 26, 2016 05:28 am UTC| Digital Currency

Decentral, a Canada-based innovation hub and creator of blockchain wallet Jaxx, has announced plans to integrate Zcash into its entire suite of software platforms. With this integration, Zcash will become the fifth...

Digital Currency Revolution

FxWirePro: DASH/ USDT upside capped by 5-day MA, good to sell on rallies

Oct 25, 2016 12:49 pm UTC| Digital Currency

DASH/USDT is seen trading slightly above on Tuesday. The pair slightly gained from the low of USDT9.80 till USDT10.21 levels (Poloniex). It is currently trading around USDT9.97 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

BTC/SGD trades well above 900 level, jump till 944 likely

Oct 25, 2016 11:34 am UTC| Digital Currency

BTC/SGD pair has broken the high 893.66 made on Oct 15th, 2016 high and jumped till 909.66 levels (ITBIT). It is currently trading around 905.95 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: ETH/EUR takes support near 200–day MA, good to sell on rallies

Oct 25, 2016 11:22 am UTC| Digital Currency

ETH/EUR is seen trading well below in red on Tuesday. The pair has declined sharply today morning and declined till 10.55 levels (KRAKEN). It is currently trading around 10.78 levels at the time of writing. Ichimoku...

  641 642 643 644 645 646 647 648 649 650   

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

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

World's Largest Electric Container Ship Sets Sail with 50,000 kWh Battery Power

COSCO Shipping, a Chinese state-owned firm, has unveiled what it calls the worlds largest river-to-sea electric container vessel. The Green Water 01 is a 10,000-ton+ electric vessel that sets a new standard for...

Tesla Drivers Get $4k Off 2024 Chevy Blazer EV; Costco Auto Slashes Prices on New EVs

Tesla owners rejoice as Chevrolet rolls out an unprecedented $4,000 discount on the 2024 Blazer EV, open to Tesla drivers and a quirky list of EV owners. The electric vehicle market got more enticing with incentives...

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.