Photo: PixabayPolitical wars forced Twitter to distance itself from misinformation that usually pops up during elections. Head of Twitter Jack Dorsey seems to continue his quest to make the Internet a better place. After a prominent Bitcoin advocate had recently invested in a cryptocurrency-related venture called CoinList, he is now on the way to cut all political ads off on Twitter.The vast majority of so-called conspiracy theories made public via those ads probably came from wise...
Read More »Russian Official to Challenge China’s Bitcoin Mining Supremacy
A Russian company has decided to turn an aluminum plant into a crypto mining facility. The facility plans to take on China’s supremacy in bitcoin mining. If bitcoin manages to trade around $9,160, the Russian company estimates profits of up to $99 million per month. The cryptocurrency industry is having an exciting month as governments and private entities make announcements that contribute to the growth of the field. First, it was reported that billionaire Peter Thiel along with...
Read More »Apple Announces Fourth Quarter Earnings as ‘Highest Q4 Revenue Ever’
Apple has published an official report, detailing its earnings for the fourth quarter of its fiscal year which ended on September 28, 2019. According to the report, Apple reasonably exceeded analysts’ expectations on earnings per share as well as total revenue. Regardless, stocks remained relatively stagnant, in response to Apple’s announcement. Now they are traded at approximately 240$.The report shows that Apple pulled in total revenue of $64 billion in the fourth quarter, a year over year...
Read More »Will AOFEX Become a New Leading Exchange?
With the development of blockchain, the competition between various fields has become very fierce. As one of the few traffic entrances of blockchain, exchanges have always been such places for strategists to fight for, and their competition has already entered a serious stage. Moreover, even under the attack of three giants, namely, Binance, Huobi and OKEx, there are still many new trading platforms constantly showing their heads, injecting more innovative and fresh elements into this already...
Read More »Bitcoin Just Broke To The Bullish Side: Is $10,000 The Next Target? Bitcoin (BTC) Price Analysis
Since reaching $9,950 three days ago, Bitcoin was forming a dangerous bearish triangle on the 4-hour chart, as could be seen on the following 4-hour’s.Bearish triangles usually tend to break to the downside. However, Bitcoin just broke above, followed by a massive $500 surge (as of writing these lines) from the current daily bottom around $8,950 (Bistamp).Once again, the majority proved to be wrong, following the recent bearish sentiment among the crypto traders. As of now, Bitcoin looks...
Read More »Satoshi Nakamoto’s Dream Project Bitcoin Turns 11 Today
Today, October 31, marks the 11th birthday of Bitcoin after its founder Satoshi Nakamoto unveiled the whitepaper back in 2008. Over the last 11 years, Bitcoin has established its supremacy in the crypto market as the world’s largest cryptocurrency by market cap.On 31 October 2008, Satoshi Nakamoto published the #Bitcoin Whitepaper.Happy Anniversary $BTC!Test your Bitcoin knowledge?https://t.co/JECDzwxCnIDiscover the history behind #Blockchain?https://t.co/EhvS2nH6BR...
Read More »Call of Duty: Modern Warfare Makes a Successful Debut Getting $600M in First Three Days
The most recent game from the stables of Infinity Ward, Call of Duty: Modern Warfare, is like nothing ever seen as it breaks previous records to become the fastest-selling game in the franchise in recent times, making a profit of $600 million within the first three days of its launch.This is definitely good news for all Activision Blizzard investors as the remarkable performance of Call of Duty over the weekend seems to have infused the needed strength to its weak share price.At the moment...
Read More »PSA Group and Fiat Chrysler Automobiles to Create the World’s Fourth Largest Carmaker
Rival carmakers PSA Group and Fiat Chrysler Automobiles NV announced their plan to merge, combining assets in order to confront pricey new era of trade tariffs, emissions rules and electrification.Shareholders of each company will own 50% of the combined entity, that will be listed in Paris, Milan and New York. Investors in Fiat will get dividend worth of 5.5 billion euros and its robotics subsidiary Comau, while France’s PSA will probably issue its 46% stake in auto-parts maker Faurecia SE....
Read More »Ethereum Price & Technical Analysis: ETH Keeps Selling, Bearish Activity Subsiding
Photo: ShutterstockDmitriy Gurkovskiy, Chief Analyst at RoboForex, shares his vision on the possible scenarios of price movements for Bitcoin and some popular altcoins.ETH/USD price analysisTether has transfered 300 million tokens to the Ethereum blockchainThe CFTC is ready to approve the ETH futuresOn W1, the downtrend has slown down for a correction. The current dynamics, upon approaching 61.8% ($146.68) Fibo, start looking as a triangle. It should be mentioned that the quotations have...
Read More »Xi’s Throwaway Blockchain Quote is Sparking China’s Crypto Frenzy Again
Blockchain business begins to boom in China. Bitcoin runs off the back of blockchain adoption, creating a vast grey area in the country. Provinces all over China start to heed President Xi’s call to action. Thanks to a reinvigorated stance on blockchain from China’s Premier, Xi Jinping, China may be on the brink of an entirely new crypto craze. Xi Pumps Blockchain Last week Xi shocked the cryptocurrency world by throwing the insurmountable force of China behind bitcoin’s underlying tech....
Read More »