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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

LTC/USD faces strong resistance at 3.85, slight bullishness seen above that level

Sep 26, 2016 11:44 am UTC| Digital Currency

After taking support near 3.75 levels, LTC/USD has shown a small jump till 3.81 levels and continues to hover around this level (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 3.77 Kijun Sen: 3.87 Trend...

Digital Currency Revolution

ETH/USD faces resistance at 10-DMA, bullishness only above 14.45

Sep 26, 2016 11:40 am UTC| Digital Currency

ETH/USD is trading in red on Monday and has hit 12.71 levels before restoring to 12.96 levels, where it currently trades (Kraken). Long-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Coincheck and E-net Systems partner to enable bitcoin payments for utility bills in Japan

Sep 26, 2016 10:14 am UTC| Digital Currency

Coincheck, a Japan-based bitcoin exchange has announced that it has partnered with E-net Systems Co, a subsidiary of Mitsuwa industry, in a move to enable citizens of Japan to pay utility bills using bitcoin. The...

Digital Currency Revolution

Interview with Rik Willard and Shidan Gouran: Global central banks explore the concept of Central-Bank-Issued Digital Currencies

Sep 26, 2016 09:48 am UTC| Digital Currency

Major central banks world over are increasingly taking interest in the concept of digital currency and its underlying distributed ledger technology. The Peoples Bank of China and the Bank of England have started exploring...

Digital Currency Revolution

England-based drone company accepts bitcoin payments for services

Sep 26, 2016 08:58 am UTC| Digital Currency

The Daedalus Group, England-based drone operators, announced on its blog that it is offering clients the opportunity to pay with bitcoin in order to avail its services. The company embraces blockchain technology and...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong support at 50-day MA, good to buy on dips

Sep 26, 2016 07:53 am UTC| Digital Currency

BTC/EUR is seen trading below 21-day MA and facing strong support at 50-day MA on Monday. The pair has slightly retreated after making a low of 525 on 22nd Sep 2016 (CEXIO). It is currently trading around 537.99 at the...

Digital Currency Revolution

BTC/USD takes support near 90-EMA, break below targets 550

Sep 26, 2016 07:30 am UTC| Digital Currency

BTC/USD is trading flat and holing its strength above 90 EMA. The pairs upside is being capped by 10-day MA. At the time of writing, it is trading below the 600 mark at 598.30 levels. Long-term trend:...

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Economy

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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

Politics

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...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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...

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...

Technology

SHIB Burn Rate Soars 88% Following Major Shibarium Upgrade Announcement

Following a crucial upgrade announcement for Shibarium, Shibburn reports a dramatic 88.32% increase in the SHIB burn rate, removing millions from circulation and significantly boosting Shiba Inu coin holders. SHIB...

Solana Co-Founder Clashes with Vitalik Buterin, Champions Meme Coin Culture

In a bold social media move, Solanas co-founder Raj Gokal defended meme coins and subtly critiqued Ethereums Vitalik Buterin, stirring controversy in the crypto community. Solanas Gokal Defends Meme Coins, Warns...

Tesla Model 3 Performance Price Surges Days After Debut, Cybertruck Powershare Costs Skyrocket

Just days after Tesla released its Model 3 Performance, the company increased its price by $1,000. Meanwhile, a Tesla Cybertruck owner faces a staggering $30,000 quote for a Powershare installation, which would enable his...

Apple Partners with OpenAI for On-Device AI in iOS 18, Enhancing Privacy

Apple Inc. has reignited discussions with OpenAI to integrate advanced AI features into iOS 18, utilizing large language models entirely on-device. According to a Bloomberg report, this move promises to significantly...

Republic First Bank Shut Down by Regulators, Crypto Prices Tumble

In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions within...