Markets

Microsoft co-founder Bill Gates has taken over Amazon founder Jeff Bezos as the world’s wealthiest person. The Bloomberg billionaires index, which tracks the net worth of the world’s wealthiest, has indicated that Gates has overtaken Bezos based on an over 40% increase in his 1% stake in technology giant Microsoft and his investments in his family office Cascade. For the first time in two years, Gates has taken over the top spot after reports emerged that the United States Department of...

The Bitcoin futures market has exploded like no one could have expected over the recent years, and it continues to grow. This summer, BitMEX hit a new record for BTC futures trading at over $16 billion.CME recently petitioned the CFTC to double its BTC futures trading capacity in the face of soaring interest. Binance had recently entered the space, and Bakkt has launched with its physically delivered BTC futures product (albeit somewhat tepidly).In the light of so much action among the margin...

Place/Date: Bangkok - November 15th, 2019 at 8:55 pm UTC · 3 min read , Source: NEXT BLOCK NEXT BLOCK ASIA returns to Bangkok for another landmark Crypto and Affiliate industry event on December 3, 2019.The capital of Thailand will become a bustling hub for Affiliate Marketing, Crypto and Fintech experts for the second time this year.The conference will run upon an umbrella theme ‘Affiliate Marketing in the Age of Crypto’ to emphasize the rebirth of the crypto space, affiliate...

Place/Date: Malta - November 15th, 2019 at 7:43 pm UTC · 5 min read , Source: CoinDeal Reaching a MilestoneCoinDeal is always thinking about their users first. The popularity of this exchange is growing very fast. The platform gained more than 350,000 users within 2 years. For now, CoinDeal is opening its platform for users from the United States of America and ensures that no one else will provide such high-quality services to the Americans as they do.The Maltese company is already...

Late last month, the United States Department of Defense announced that the much-discussed Joint Enterprise Defense Infrastructure (JEDI) cloud contract, had been finally awarded to Microsoft. After the announcement, many including Amazon itself seemed sincerely surprised that the contract didn’t go to Amazon. Now, Amazon has decided to officially challenge the contract award.According to a Federal Times report, Amazon Web Services (AWS) officially filed with the U.S. Court of Federal Claims...

TRX saw a small decrease of around 1.44% over the past 24 hours and it currently trades at $0.019. Despite this, it saw a successful month as the coin managed to surge by a total of 25%TRX remains the eleventh-largest cryptocurrency with a market cap of $1.28 billion.Looking at the TRX/USD 1-Day Chart:Since our last analysis, TRX surged higher above $0.0208 but ran into immediate resistance at $0.02206 which is provided by a long term bearish .382 Fibonacci Retracement level. After reaching...

Current fundamentals show that the majority of crypto-currencies move widely in a range, extending their lateral trade, without showing any significant gain in the short term.The total market capitalization of cryptocurrency currently stands at about $ 238 billion, while Bitcoin accounts for about 65.8% of the total value and, in terms of market capitalization,  XRP is the third-largest coin and is not excluded from the recent downward trend, the crypto saves price of $ 0.270 per piece,...

Microsoft has hinted that its upcoming game streaming service xCloud, will be officially launched next year. The company has also announced a few new games that will be launched along with xCloud and will also be available on the current Game Pass feature available.At the company’s XO19 Xbox event currently ongoing in London, Microsoft made the revelation about xCloud, adding further details including that all xCloud subscribers will have access to the over 100 games available currently on...

This week, gold has been enjoying a continuous rally, reaching its record highs. On Thursday, it achieved $1,475.50 per troy ounce. Today, the gold price has dropped sharply, with markets suffering losses globally.The volatility of the precious metal’s price results from several factors.Firstly, in October, Serbian President Aleksandar Vucic recommended Serbia’s central bank to increase its gold reserves in order to protect against economic issues and financial uncertainty. Following the...

In what has been a series of woes for a British icon, Aston Martin, which has been one of Britain’s most successful automakers in its heyday, has been unable to get its act together after its October 2018 Initial Public Offering (IPO). Best known for being the favorite of Ian Flemming’s James Bond when it comes to cars, the holding company Aston Martin Lagonda Global Holdings Plc hasn’t fared that well since last year.With its current premier brands (Vantage, DBS, and DB11 Volante)...