Analytics News

Analysts: Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter

1 week ago admin2 0
Analysts polled by FactSet suggest that Nvidia will see increased revenue this quarter despite “waning” cryptocurrency mining, Marketwatch reported August 10. The purported increase is due to strong demand for gaming devices and data-centers. While analysts suggest that the company’s revenue from crypto mining hardware will decline, the U.S.-based graphic processing units (GPU) manufacturer will Read More

Crypto Markets See More Slump After Short Recovery Attempt, Bitcoin Holds Gains

1 week ago admin2 0
Saturday, Aug. 11: after short-lived recovery attempt yesterday, cryptocurrencies have suffered another slump today. Almost all cryptocurrencies are down by significant percentages, with Bitcoin (BTC) being a notable exception among the top 20 market cap, up under one percent on the day. Crypto market visualization from Coin360 Bitcoin is trading sideways, up by about 0.1 Read More

UK: $2.5 Million Losses in Crypto-Related Scams Reported This Summer

1 week ago admin2 0
British police have warned the public about fraudulent investment schemes involving cryptocurrencies, the volume of which has led to 2 million pounds ($2.55 million) worth of losses this summer, according to an announcement published August 10. In the announcement, the police cite statistics prepared by the Action Fraud national reporting center for fraud and cyber Read More

Report: Facebook Denies Partnership With Stellar

1 week ago admin2 0
Facebook has reportedly denied entering into talks with cryptocurrency firm Stellar (XLM), Cheddar reported August 10. Earlier today, Business insider reported that Facebook and Stellar had been considering a potential partnership to build a Facebook variant of a Stellar blockchain. A Facebook spokesman reportedly told Cheddar that the company is “not engaged in any discussions Read More

Thai Police Arrest Suspect in $24 Million Bitcoin Scam

1 week ago admin2 0
Thai police have detained 27-year old actor Jiratpisit “Boom” Jaravijit in an alleged $24 million cryptocurrency scam, Bangkok Post reported August 9. Jiratpisit is reportedly one of the seven suspects in the alleged crime, including his older brother and sister. On July 26, the Criminal Court awarded a warrant for his arrest following a complaint Read More