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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

ETH/EUR struggles to close above 10–day MA, good to sell on rallies

Sep 29, 2016 11:46 am UTC| Digital Currency

ETH/EUR is seen trading slightly below on Thursday. The pair has retreated sharply after jumping till $12.10 yesterday (KRAKEN). It is currently trading around 11.72 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: LTC/USD struggles to close above 200-DMA, good to sell on rallies

Sep 29, 2016 11:22 am UTC| Digital Currency

LTC/USD continues to trade below 200-day MA and has hit 3.80 levels before restoring slightly above to 3.85 levels, where it currently trades (BTC-e). Short-term trend: Bearish Ichimoku analysis of daily...

Digital Currency Revolution

ETH/USD turns red after hitting 13.47, dip till 12.66 likely

Sep 29, 2016 11:03 am UTC| Digital Currency

ETH/USD has failed to close above 10-DMA on Wednesday and has declined till 13.08 levels, after hitting a high of 13.47 levels yesterday. It is currently trading at 13.12 levels (Kraken). Long-term trend:...

Digital Currency Revolution

Purse.io launches javascript bitcoin library – Bcoin

Sep 29, 2016 10:30 am UTC| Digital Currency

Purse.io, a San Francisco-based peer-to-peer service provider that connects users across the globe through decentralized commerce, has introduced bcoin, a javascrpt bitcoin library having a full blockchain...

Initial Coin Offering Series

Digital Currency Revolution

Mexican bitcoin exchange Bitso raises $2.5m

Sep 29, 2016 09:13 am UTC| Digital Currency

Mexican bitcoin exchange Bitso has raised $2.5 million in a latest round, drawing support from Mexico-based foreign exchange, Monex Group, along with Mexican VCfirms Variv Capital and Xochi Ventures, and US investors...

Digital Currency Revolution

New eSports cryptocurrency ‘eBoost’ crowdfunding raises over 150 BTC

Sep 29, 2016 08:44 am UTC| Digital Currency

TheInternational eBoost Society thatearlier this month announced the crowdfunding of the worlds first cryptocurrency for use in the growing eSports field eBoost, has raised 156.16 BTC and distributed 684853.34 tokens, the...

Digital Currency Revolution

BTC/EUR faces strong resistance at 61.8% fibo, break above targets 558

Sep 29, 2016 08:41 am UTC| Digital Currency

BTC/EUR is seen trading below in red on Thursday. The pair is trading narrow range between 545 and 535 for the past three trading session (COINBASE). It is currently trading around 541.44 at the time of...

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Economy

The idea that US interest rates will stay higher for longer is probably wrong

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

Why Africa can be the beating heart of South Korea’s technology industry

Tshepo Ncube, Head: International Coverage and Bhavtik Vallabhjee, Head: Power, Utilities Infrastructure at Absa CIB reflect on their recent visit to South Korea, examining why investors in the region have their eyes set...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

Politics

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression

Just over three decades after Russia decriminalised homosexuality in 1993, three people have been arrested and charged under the countrys harsh new anti-LGBT laws and could face ten years in prison for membership of an...

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

Science

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...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

New Crypto Whale Snags 237.8 Billion SHIB Following Key Shiba Inu Blockchain Announcement

Shortly after Shiba Inu announced securing $12 million for a new layer-3 blockchain project, a new whale acquired 237.8 billion SHIB, stirring the crypto community and fueling speculation about the coins future. Massive...

Crypto.com's Launch in South Korea Stalled by AML Regulatory Concerns, Postponement Announced

Crypto.com has delayed its much-anticipated launch in South Korea after an emergency inspection by local regulators revealed issues with its anti-money laundering measures, forcing the cryptocurrency exchange to reassess...

Coca-Cola, Microsoft Forge $1.1B Alliance for Cloud and AI Innovation

The Coca-Cola Company and Microsoft Corp. have joined forces in a $1.1 billion deal to leverage Microsoft Cloud and AI technologies, aiming to streamline operations and spark worldwide innovation. Strategic Partnership...

Korean Military Considers iPhone Ban, Samsung Exempt for Security Reasons

The South Korean military is considering banning iPhones from defense installations over concerns that their voice recording feature could compromise security, whereas Samsung phones are approved for use. Potential...

Shiba Inu Reveals How SHIB Army Can Earn TREAT Token in New Blockchain Ecosystem

The Shiba Inu ecosystem has outlined multiple ways for its community, the SHIB Army, to earn the upcoming TREAT token as part of their engagement with the new layer-3 blockchain, empowering users with greater participation...