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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 hits fresh low of 3.75, break below targets 3.50

Sep 22, 2016 11:20 am UTC| Digital Currency

LTC/USD hit a fresh low of 3.75 levels on Thursday before restoring slightly above to 3.78 levels at the time of writing (BTC-e). The recent announcement about an upcoming Litecoin integration into Jaxx blockchain wallet...

Digital Currency Revolution

ShapeShift and Wirex integrate to enable debit card funding with Altcoins

Sep 22, 2016 11:16 am UTC| Digital Currency

ShapeShift.io, a cryptocurrency exchange platform, has announced API integration with a leading provider of debit cards for digital currency - Wirex, enabling Wirex users to instantly fund their debit cards with Ethereum,...

Digital Currency Revolution

ETH/USD takes support at 10-DMA, slight jump till 13.80 likely

Sep 22, 2016 10:59 am UTC| Digital Currency

ETH/USD moved further south on Thursday and seems to have taken support near 10-day MA. It is currently trading at 13.21 levels (Kraken). Long-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Cryptocurrency exchange Poloniex to temporarily suspend services in New Hampshire

Sep 22, 2016 10:30 am UTC| Digital Currency

In a recently issued notice, cryptocurrency exchange Poloniex has announced that it will temporarily suspend its services in New Hampshire on October 6, due to changes in regulatory statute. Due to changes in New...

Digital Currency Revolution

Cryptocurrency exchange Gemini announces daily bitcoin auctions

Sep 22, 2016 09:59 am UTC| Digital Currency

Gemini, a New York-based bitcoin exchange led by Winklevoss brothers, has announced first-ever daily bitcoin auction that is live for trading. According to the official blog post, 2,104 BTC was traded at $593.67 in the...

Digital Currency Revolution

BTC/EUR trades below daily Kijun-Sen, decline till 503 likely

Sep 22, 2016 07:25 am UTC| Digital Currency

BTC/EUR is seen trading well below in red on Thursday. The pair has declined sharply from the high of 544.90 made yesterday (CEXIO). It is currently trading around 531.15 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

BTC/USD trades weak, dip till 550 likely

Sep 22, 2016 06:52 am UTC| Digital Currency

BTC/USD is continuing to trade weak below 600 levels on Thursday. It is currently hovering around 90-EMA and is trading at 594.90 levels (Bitstamp). Long-term trend: Bullish Short-term trend: Bearish Ichimoku...

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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...

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...

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...

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

Google Cloud Launches Web3 Portal, Stirring Mixed Reactions in Crypto Community

Google Cloud has unveiled a new Web3 portal featuring blockchain development tools, testnets, and educational resources, sparking diverse reactions across the cryptocurrency industry. While some praise the initiative as a...

Ethereum Surges 6%, Outshines Bitcoin as Consensys Sues SEC Over Security Status

Ethereums price has surged by over 6% to $3,320, outperforming Bitcoin amidst ongoing legal challenges. Consensys, backing Ethereum, has initiated a lawsuit against the SEC, contesting its attempt to classify ETH as a...

DOJ Counters Dismissal Bid in Tornado Cash Co-founder's Legal Battle

In a recent legal development, the DOJ firmly opposed a motion to dismiss charges against Roman Semenov, co-founder of Tornado Cash, highlighting potential jury issues over the crypto mixers operations and sanction...

Shiba Inu on Edge: 69 Trillion Coins Test Market's Resolve as Prices Wobble

Shiba Inu (SHIB) confronts a critical juncture as its price teeters, driven by a broader market downturn and intense scrutiny over its ability to maintain crucial support levels amid a 69 trillion SHIB battle. Shiba Inu...

Huawei Leaks: Next-Gen Kirin CPU to Rival Apple's M3 Processor

Huaweis chip development team is rumored to be working on a next-generation Kirin CPU that could give Apples M3 a run for its money. The chip is expected to leverage the innovative Taishan V130 architecture, focusing on...