Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
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Bitcoin Mining Firm Bitfarms Faces $27 Million Net Loss in Q2 2024
This widespread sell-off has impacted high growth and technology stocks the most.
On a side note, the rising tension in Middle East is something we should pay special attention to as well.
$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $Super Micro Computer (SMCI.US)$ $Advanced Micro Devices (AMD.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Netflix (NFLX.US)$ $Netflix (NFLX.US)$
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