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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/EUR upside capped by 161.8%, further jump till 2420 likely

May 24, 2017 08:24 am UTC| Digital Currency

BTC/EUR continuing its winning streak and hits fresh all- time high at 2242 at the time of writing and shown a minor profit booking . The pair has formed a minor bottom around 1908 on May 22nd 2017 and any minor weakness...

Digital Currency Revolution

Blockchain startup Coins raises extra $5M in Series A funding

May 24, 2017 06:01 am UTC| Digital Currency

Philippine-based blockchain startup Coins.ph announced that it has raised an additional $5 million for its series A funding round that was first raised in October 2016. According to the reports by TechinAsia, the...

Digital Currency Revolution

BitPay rolls out prepaid bitcoin Visa debit card in 131 countries

May 24, 2017 05:59 am UTC| Digital Currency

Leading bitcoin payments processor BitPay is now offering its award-winning BitPay Visa Prepaid Debit Card for bitcoin users in more than 131 new countries across the globe. The BitPay Card has become the first prepaid...

Digital Currency Revolution

FxWirePro: BTC/CNY faces strong support at 10 4H MA, break below confirms minor weakness

May 23, 2017 12:11 pm UTC| Digital Currency

BTC/CNY has formed a temporary top around 15800 and shown a minor decline from that level (BTCCHINA). It is currently trading around 14979 at the time of writing. The pair has formed a minor bottom around 12267 and any...

Digital Currency Revolution

FxWirePro: ETH/EUR downside capped by 4h Kijun-Sen, go short on break below

May 23, 2017 10:50 am UTC| Digital Currency

ETH/EUR pair has formed almost a double top around 158 and declining from that level. ETH/EUR recovered slightly after hitting a low of 120 and a minor weakness below 120 level (KRAKEN). It is currently trading around...

Digital Currency Revolution

Japanese airline Peach Aviation to accept payment in bitcoin for airline tickets

May 23, 2017 10:33 am UTC| Digital Currency

Peach Aviation Ltd, one of Japans largest discount airline providers, has become the first in Japan to accept bitcoin as a payment option for airline tickets with an aim to attract more tourists from Asian region,...

Digital Currency Revolution

FxWirePro: BTC/USD consolidates around all-time highs, good to go long on dips

May 23, 2017 09:22 am UTC| Digital Currency

BTC/USD surpassed our target of 2200 levels and hit a fresh all-time high at 2230.34 levels on Monday. However, it could not sustain and closed at 2099.97 levels. It is currently trading at 2140 levels at the time of...

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Economy

Russia Stocks Close Flat as MOEX Hits 1-Month High

Russian equities ended Saturdays session flat, with the MOEX Russia Index holding steady and touching a fresh one-month high despite muted market activity. Investors saw little movement across major sectors, as several key...

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

Politics

Zelenskiy Describes “Substantive” Call With Trump Envoys as Ukraine, U.S. Explore Peace Path

Ukrainian President Volodymyr Zelenskiy said on Saturday that he held a long and substantive phone call with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, emphasizing that...

U.S. Defense Secretary Hegseth Defends Second Strike on Suspected Drug Boat Amid War-Crime Concerns

U.S. Defense Secretary Pete Hegseth reaffirmed his support for a September 2 second strike on a suspected drug-running vessel in the Caribbean, saying at the Reagan National Defense Forum that he fully backs the decision...

Hong Kong Elections Proceed as Voter Turnout Scrutinized Amid Public Anger Over Deadly Fire

Hong Kongs upcoming Legislative Council election on Sunday is drawing intense attention to voter turnout as the city continues to mourn the deadliest fire it has seen in nearly 80 years. The tragedy, which claimed at least...

Qatari PM Says Gaza Truce Negotiations Reach “Critical Moment” as Mediators Push for Lasting Ceasefire

Negotiations to solidify the U.S.-backed truce in the Gaza war have entered a critical phase, according to Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani. Speaking at the Doha Forum, he emphasized that...

Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate

U.S. President Donald Trump is once again weighing in on Major League Baseball controversies, this time calling for legendary pitcher Roger Clemens to be inducted into the National Baseball Hall of Fame. Clemens, a...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...