In this Article, Chris Kimble shows that bitcoin is now at a key technical point that, if it is unable to overcome, then it could be susceptible to short-term weakness.
Here is the latest article from Kimble; just click HERE
Hut 8 Mining struggled to maintain top line revenues, which decreased by 14% in Q1/2020, and Riot Blockchain purchased US$1.9 million of next-generation cryptocurrency mining machines from BitMain Technologies to save on energy costs. [more]
Large tech giants can’t ignore the amount of capital flowing into the blockchain industry anymore. According to Grand View Research, the blockchain industry’s market value is expected to grow at a CAGR of 69.4% from US$34 billion in 2019 to US$57 billion by 2025. [more]
Last week, NASA posted then quickly retracted a paper written by Google’s researchers outlining a claim that the tech company built the first quantum computer while citing the term “quantum supremacy”, which means the computing power has reached a point capable of carrying out calculations previously impossible or more specifically, too time exhaustive, to carry out. [more]
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