Nvidia’s results this week weren’t actually that bad, but due to persistent inflation concerns and growing anxiety about AI’s potential ROI (return on investment), Wall Street traders are convinced that a slowdown (aka a temporary decline) is underway. Nvidia’s share price fell further on Friday. Inflation concerns are the main concern for investors in Europe, […]
Following up to the trend of companies that primarily buy Bitcoin, there’s now Bitmine, a new American company that’s been publicly traded for a few months which actively buys Ether. It’s led by Tom Lee, the man we know from Fundstrat. Several well-known American investors are very enthusiastic about Tom Lee and Bitmine’s plan and […]
The Trump family entered into another commercial crypto partnership with a well-known company. Crypto.com will acquire $50 million worth of Trump Media common stock. Meanwhile, Trump Media plans to acquire approximately $105 million worth of CRO, which, according to the press release, represents approximately 2% of CRO’s total market capitalization. The value of crypto coin […]
Bitcoin trades comfortably above $100,000 even though we’re almost at the end of August (traditionally a very bad month) and the weak dollar is also stimulating the largest digital currency. But the fact that the dollar is weakening because Trump is firing a Fed governor is actually bad news. Because in that way, he’s making […]
Bitcoin has had a relatively quiet August, and September is also shaping up to be very strong technically (as long as the price remains above $100,000). However, a profit warning from none other than Sam Altman, CEO of OpenAI (creator of ChatGPT), has been making investors nervous all week. Nvidia and Palantir are seeing their […]
The crypto market drops 2.8% as memecoins, AI, and Layer 2 tokens take a hit. Meanwhile, liquidations total $837 million. The crypto market is deep in the red today, with the total market cap falling by 2.8% to $3.94 trillion. Behind this decline are sharp losses in popular categories such as Layer 2 projects, memecoins, […]
Bitcoin is trading in a fairly narrow range, despite a bounce from a key support level earlier this week. The price is hovering around $114,000, showing no clear direction for now. Meanwhile, Binance Coin (BNB) continues to impress, pushing toward $900, and some analysts are even speculating whether BNB could eventually reach $10,000. $BTC Good […]
Ethereum is on the move and has climbed to the 22nd spot in the global asset rankings. With a market capitalization of $568.06 billion and a price of $4,709, ETH has now surpassed Mastercard. This 10% increase over the past 24 hours signals a strong revival in the altcoin market, where investors are jumping in […]
The European Central Bank (ECB) is seriously considering a surprising move in the development of the digital euro. Instead of opting for a closed, internally managed blockchain, the ECB is now also looking at public networks like Ethereum and Solana. This step could significantly accelerate adoption and accessibility of the digital euro. Until recently, it […]
Kanye West is once again diving into the world of innovation, this time with his own cryptocurrency: YZY. The launch took place on the Solana network (not the expected BNB chain) and immediately caused a stir in the crypto scene. The market cap quickly reached $3 billion, although it later dropped sharply. On social media, […]
