Connect with us

Financial

Global smartphone sales plunged by 20% in Q1, due to Coronavirus

Published

on

Global smartphone sales plunged by 20% in Q1, due to Coronavirus

More blue numbers confirm what we are already aware of: Q1 2020 was tough for an already struggling smartphone division. Gartner’s latest report sets the global market at a 20.2% slide as compared to the same time last year, thanks in large portion to fallout from the Coronavirus pandemic.

Every single one of the global top-five productions saw significant drops for the quarter, save for Xiaomi, which saw a small uptick of 1.4%. The Chinese smartphone maker got a surprise bump, courtesy of international sales. Samsung and Huawei and Oppo all observed double-digit drop-offs at 22.7%, 27.3%, and 19.1%, while Apple declined 8.2%. Other companies consolidated for a sizable 24.2% loss for Q1.

The reasons are ones we’ve gone over several times before, nearly all about the global pandemic. Chief among them are comprehensive stay at home orders and general economic uncertainly. Issues with the worldwide supply chain have no doubt been a factor, as well, as Asia was the first to get hit with the virus.

All of this comes in addition to an already plateauing/declining smartphone market. Analysts had expected that the arrival of 5G would help stem the tide a bit — but, well, some stuff happened in there. Notably, Apple’s slide wasn’t as bad as it might have been thanks to a strong start to the year.

“If COVID-19 did not happen, the vendor would have likely seen its iPhone sales reached a record level in the quarter. Supply chain disruptions and declining consumer spending put a halt to this positive trend in February,” Gartner’s Annette Zimmermann said in a release. “Apple’s ability to serve clients via its online stores and its production returning to near normal levels at the end of March helped recover some of the early positive momenta.”

Overall, I suspect that recovery won’t be instantaneous for the market. The future of COVID-19 still feels largely uncertain as countries have begun the process of reopening, and a pricey investment always may not be in the cards for many who are struggling to make ends meet.

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Crypto Currency

ALR Miner Launch: Turnkey Cloud Mining Solution Debuts Amid Bitcoin’s $120,000 Surge

Published

on

With Bitcoin’s price exceeding $120,000, a growing number of investors are turning to Bitcoin mining and seeking stable, efficient platforms. Leveraging its innovative cloud computing technology, ALR Miner offers a simple, equipment-free Bitcoin mining solution for global investors. Whether you’re a novice or experienced investor, ALR Miner makes it easy to participate in Bitcoin mining, earning stable daily returns and seizing the wealth opportunities presented by Bitcoin’s rising price.

Stable daily returns, easy Bitcoin mining experience

The ALR Miner platform eliminates the need to worry about mining equipment and maintenance. Using cloud computing technology, you can directly rent computing power for Bitcoin mining. The platform’s automated mining system optimizes based on market conditions, ensuring stable daily returns with no technical barriers to entry. With ALR Miner, you don’t need to purchase expensive mining machines or deal with tedious equipment failures. Simply register, select the appropriate computing power contract, and start mining Bitcoin.

With Bitcoin’s price continuing to climb, recently breaking through the $120,000 mark, ALR Miner offers investors an opportunity to capitalize on this upward trend. Regardless of market volatility, the platform ensures users receive stable mining returns.

Sign up and receive $12 in bonus funds, no entry required.

To help more users easily participate in Bitcoin mining, ALR Miner is offering a special sign-up bonus of $12. Simply provide your email address and complete the registration process to instantly receive $12 in cloud computing power. This bonus can be used to purchase computing power contracts, helping you begin your mining journey with zero barriers to entry.

This promotion significantly lowers the barrier to entry for new users, making it easy for anyone to enter the world of Bitcoin mining and earn stable returns.

Simple Process, Quick Start Mining

The ALR Miner platform is incredibly simple to use, requiring no technical background to quickly get started. Here are the simple steps to easily start mining:

Register: Provide your email address, complete the registration process, and receive $12 in bonus cloud computing power.

Select a computing power contract: Choose the appropriate computing power contract based on your investment needs and easily begin mining.

Start Mining: After selecting a contract, ALR Miner automatically allocates computing power and begins mining, requiring no technical intervention.

View Earnings: The platform provides real-time earnings tracking, allowing you to check your earnings at any time.

The entire process is extremely simple, requiring no equipment or technical knowledge, allowing all users to start making stable profits in a short period of time.

Safe, Legal, and Compliant Operations

As a legal company headquartered in the UK, ALR Miner strictly adheres to global financial regulatory requirements, ensuring that every operation on the platform complies with international laws and regulations. The platform utilizes leading-edge encryption technology to ensure the security of user funds and personal information, preventing any potential hacking or data leaks.

In addition, ALR Miner implements strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to ensure the platform’s compliance and transparency, ensuring the safety of every user’s funds and compliance with relevant legal requirements.

Summary

Through its innovative cloud computing platform, ALR Miner enables global investors to easily and stably participate in Bitcoin mining and enjoy stable daily returns. The platform offers users a transparent profit mechanism and easy-to-use workflow, making it easy to enter the world of cryptocurrency and achieve consistent profits. With Bitcoin’s price exceeding $120,000, ALR Miner provides the best platform to capitalize on its upward trend.

Register for ALR Miner now and receive $12 in free cloud computing power to begin your Bitcoin mining journey, enjoy stable returns, and capitalize on market opportunities!

Register now and receive $12 in free cloud computing power to easily begin your Bitcoin mining journey and steadily earn daily profits!

Official Link:https://www.alrminer.com

Continue Reading

Crypto

A47 Confirms Daman Investments as Institutional Whale — Holding 64.3M $A47 in Strategic Bet on AI-Powered News Infrastructure

Published

on

A47, the world’s first decentralized, AI-driven news network, has officially confirmed that the wallet address 3xyBK3SjbufX7qDBuTXkohTSrGVToTyRTWAdFanoejrZ — previously observed aggressively accumulating $A47 tokens — is owned by Daman Investments, one of the most respected and long-standing investment institutions in the UAE.

As reported by blockchain analytics platform Lookonchain, Daman’s wallet now holds 64.3 million $A47 (valued at approximately $1.44 million) — making it the largest single holder of $A47 outside of exchanges.

See Lookonchain post

The holding represents a commanding 6% of the total token supply, and marks one of the earliest and most significant institutional entries into the emerging AI x NewsFi sector.

Who Is Daman Investments — And Why This Matters

Established in 1GG8, Daman Investments is a licensed, regulated asset management firm headquartered in the UAE with over two decades of operational excellence. Known for its deep experience across public markets, real estate, fixed income, and private equity, Daman has built a reputation of trust, governance, and disciplined investing.

Their recent announcement — outlining a focused Web3 strategy across four verticals (AI, Media, Tokenized Infrastructure, and Layer 1/2 ecosystems) — signals a paradigm shift in how traditional institutions are now approaching the decentralized economy.

For crypto natives who may be unfamiliar with the name, Daman is not a hype fund or retail syndicate — it is a legacy finance institution entering Web3 with surgical precision. And their public alignment with A47 sends a strong message to both investors and builders: AI-powered, decentralized news has institutional legs.

A47: From Meme Experiment to Media Infrastructure

What began as a proof-of-concept around meme intelligence and real-time news synthesis has now evolved into a serious mission to build global, decentralized media infrastructure.

“This is not a narrative play — it’s infrastructure,” said Saqib Pathan, Project Lead at A47. “We are building the backbone for intelligent, trustless, real-time news distribution. Daman’s backing

confirms what we have believed from day one: the next CNN won’t be a cable channel — it will be an autonomous AI-powered protocol running on-chain.”

A47 operates a network of 47 AI Agents trained to digest real-time market events, regulatory updates, geopolitical shifts, and global news feeds. These agents dynamically generate breaking news videos, data-rich visuals, and synthesized reports — all in real time.

The platform’s long-term vision includes:

  • 24/7 AI News Transmission, delivered globally in multiple languages
  • Tokenized engagement mechanisms to incentivize participation and accuracy
  • Trustless content verification, leveraging blockchain for timestamping and attribution
  • Interactive Agents that can answer user queries, verify claims, and reference sources in real time

A Historic Signal for AI x NewsFi

With institutional capital like Daman now on board, A47 believes this marks a turning point for

decentralized news platforms — shifting from community-driven narratives to serious, venture- backed, protocol-driven media infrastructure.

“This isn’t just another altcoin partnership. It’s a bet on a new information economy — one that is

automated, transparent, and built for a post-trust media era,” addedPathan.

About A47

A47 is building the world’s first AI-powered decentralized news network — a 24/7 stream of verified, autonomous, real-time news built on blockchain rails. At the intersection of AI, media, and tokenomics, A47 aims to become the foundational infrastructure for how news is created, validated, and consumed in the digital age.

Continue Reading

Financial

BlockDAG’s GLOBAL LAUNCH Release Coming Soon: Is it the Best Crypto to Buy Now in July?

Published

on

The third quarter of 2025 is bringing a clear turnaround in crypto sentiment. Many altcoins are beginning to show renewed strength, social discussions are increasing, and capital is flowing back into the market. 

Amid this revival, BlockDAG (BDAG) continues to lead conversations as the best crypto to buy now in July. Having raised over $329 million and sold more than 23.6 billion BDAG coins, BlockDAG has secured its position firmly, with this month possibly being the final chance to enter at $0.0016 before its price sees a change.

Unlike other altcoins waiting for market momentum, BlockDAG is progressing strongly in its goals. Its entire ecosystem is already operating, covering testnet functions, active communities, mining options, and strong partnerships. People are rushing to buy BDAG while the price remains fixed at $0.0016 until the GLOBAL LAUNCH release on 11th August. 

Why BlockDAG Tops July Rankings

BlockDAG is built as a unique Layer 1 blockchain combining Directed Acyclic Graph (DAG) scalability with Proof-of-Work security and decentralisation. This combination enables thousands of transactions per second with very low delays, setting it ahead of Bitcoin and Ethereum on performance.

However, it’s not just its speed that sets it apart. The actual turning point is BlockDAG’s full ecosystem, which is already live and expanding. Its features include:

  • A running testnet for developers to deploy smart contracts and dApps
  • A no-code dApp builder for quick launch of on-chain tools without coding
  • The X1 Miner App is used by over 2 million people for gamified mobile mining rewards
  • An expanding ASIC mining ecosystem with 18,000+ units sold
  • Developer academy resources for growing technical talent
  • Buyer Battles offering 150 million BDAG daily as rewards in app competitions

All these achievements highlight one truth: BlockDAG is not in preparation; it is fully operational. With the current price at $0.0016, it is widely considered a short window before mainstream listings push its value up further.

Strong Partnerships Prove Real-Use Expansion

BlockDAG gained attention this July by revealing two major US-based sponsorships. The project has secured deals, positioning it as a blockchain leader with broad user engagement opportunities.

These deals go beyond branding. They include fan tokens, NFTs, co-branded social media campaigns, and exclusive behind-the-scenes storytelling with key figures. For BlockDAG, these are powerful gateways bringing millions of people into Web3 easily.

Additionally, BlockDAG confirmed a huge US-based sponsorship deal is locked, only awaiting regulatory approval. Though details remain private, the expected scale is predicted to be one of crypto’s biggest. With billions of potential users from these partnerships, the timing is set perfectly.

$0.0016 Available Until August 11: What’s Next?

Right now, the crypto presale price remains fixed at $0.0016 until August 11. After this date, the offer will close, and new pricing will be rolled out. Whether someone is casually entering crypto or buying with larger funds, this remains one of the last chances to secure entry before its GLOBAL LAUNCH progresses further.

BlockDAG’s careful updates and compliance-focused communication show the team’s dedication to strong market standards. Even so, looking at similar events in crypto history, many expect huge changes in utility, access, and visibility to follow.

The presale is now among the largest ever in crypto, surpassing early launches of Filecoin, Tezos, and Polkadot. With over 200,000 BDAG holders to date, it reflects rising confidence and natural growth. Engagement across Telegram, Twitter, and community forums continues to rise, showing the increasing FOMO around its locked price and rollout.

Having raised over $329 million so far and with its goal set at $600 million, BlockDAG is shaping up to be one of this decade’s strongest Layer 1 projects.

Final Takeaway!

When choosing the best crypto to buy now in July, it’s no longer about hype alone but about genuine progress. BlockDAG is not just gathering pace; it is turning that into real growth, user onboarding, and fully live products.

With its $0.0016 price locked until August 11, many see this as the last major entry point before its next growth phase. Early buyers have already seen 2,660% growth in their funds since batch 1. With a $600 million target, 2 million+ X1 app users, 18,000 ASIC units sold, and its US-based sponsorships, BlockDAG is building infrastructure that most projects can only promise.

This is not just another quick listing. It is a complete working ecosystem that continues to expand and has already entered its GLOBAL LAUNCH release. July could well be the final window to secure BDAG before its next chapter unfolds.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Continue Reading

Trending