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Tag Archives: Growth

Legislators Launch Parliamentary Blockchain Alliance to Promote Industry Growth

Taiwanese legislators have formed a parliamentary blockchain group to promote the development of the industry, according to a Facebook announcement by MP and legislator Jason Hsu Yu-Jen today, May 22. The new Taiwan Parliamentary Coalition for Blockchain (TPCB), headed by Hsu, hopes to achieve cross-party consensus among Taiwanese politicians to decide on a clear, “friendly” and robust regulatory framework for ...

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Crypto Markets See Slight Growth, Total Market Capitalization Nears $392 Bln

May 20: Crypto markets saw some growth over the past 24 hours, with all of the top ten cryptocurrencies listed on Coinmarketcap currently in the green and total market capitalization approaching $392 bln. Market visualization from Coin360 Bitcoin (BTC) is up around 3 percent in 24 hours to press time, currently trading at $8,520. Bitcoin price chart. Source: Cointelegraph Bitcoin ...

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Bitcoin Shows No Growth After Consensus 2018

Bitcoin shows no growth: Bitcoin Price (BTC) hasn’t moved higher despite the Consensus Summit: Bitcoin price trades in the range of $8,300 today after briefly touching $8,800 level at the beginning of the week. The largest coin has posted losses in last two consecutive days. This downside move is contrary to analyst’s predictions who were expecting a strong rally amid ...

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GPU Revenue Signals Growth of Cryptocurrency Demand

Record sales by GPU manufactures, Nvidia and AMD, signals that consumer demand for cryptocurrency mining and thus cryptocurrency is continuing to increase. Last week Nvidia posted first quarter revenue of $3.21 billion USD, of which $289 million USD, or 9% of total revenue, was attributed to cryptocurrency mining sales. AMD, Nvidia’s chief rival, also reported first quarter revenue of $1.65 ...

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Mastercard Says Fewer Crypto Purchases Led To Drop in First Quarter Growth

Mastercard’s quarterly growth was marked by a slight drop due to a decrease in the number of customers purchasing cryptocurrencies with the company’s credit cards, CNBC reported May 3. Consumers can use Mastercard to acquire digital currencies, a practice forbidden by some financial institutions. Earlier this year, Bank of America, JPMorgan Chase, and Citigroup prohibited such purchases, referring to potential ...

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Bitcoin Price | Bulls Are Confident for Steady Growth

Bitcoin price (BTC) continues to make small sideways movements over the last week showcasing a tug-o’-war between bulls and bears. Bulls are struggling to find fundamental support to extend April’s bull-run into May. Bears, however, have been capitalizing on bearish market reports. They have successfully hindered the latest bull-run that was poised to breach the $10K mark – after which ...

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Bitcoin Magazine’s Week in Review: A Long Road of Growth

The financial sector is seeing growing interest in cryptocurrency that has resulted in more and faster adoption according to the latest survey by Thomas Reuters. That news will certainly bolster the objectives in the Middle East where Dubai aims to be the first blockchain powered city. It is also reflective of the hype surrounding EOS as more than 50 companies ...

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AMD Expects Revenue Growth During Next Quarter Even if Cryptocurrency Mining Interest Drops Off

Cryptocurrency mining has been an interesting industry for AMD and NVIDIA. The former has noted a strong earnings increase, although they remain wary of this industry. Especially with all cryptocurrencies losing value, the manufacturer isn’t too concerned about the future demand for new GPUs. Putting Wall Street investors’ minds at ease is a top priority for the company right now. ...

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A Growth Spurt, Not Only for The Number of Fans in BIT.GAME Telegram – The Merkle

In recent years, the development of blockchain has continuously grown vigorously around the world. Blockchain technology catalyzed a tremendous growth in related industries in 2017. The popularity of this kind of disruptive technology is the prospective tendency of Fintech, typically marked by blockchain in China. Senior game and computer technology practitioners were scenting a shift in industry. That being blockchain ...

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