Feed Items
Nvidia Corporation announced on Wednesday a significant 95% increase in revenue for the third quarter of 2024, reaching $35.1 billion and surpassing previous predictions.
For the fourth quarter, Nvidia projects revenue of $37.5 billion.
Nvidia Q3 Revenue Reflects Strong Demand for AI
The company’s Data Center segment led the growth with a 111% jump to $30.8 billion compared to the...
President-elect Donald Trump is reportedly considering a permanent new crypto advisor role for the White House. Trump’s team is interviewing candidates but has not disclosed any strong contenders.
The exact duties of this role are also unclear, with rumors claiming Trump’s crypto advisor could oversee policy implementation.
Trump’s Permanent Crypto Advisor
According to Bloomberg...
Since MicroStrategy announced the sale of its convertible senior notes on November 18 to acquire more Bitcoin, the company’s stocks have surged by nearly 40%. This has pushed MicroStrategy among the top 100 publicly listed businesses in the US market, overtaking Intel and Dell.
The firm used the funds from this sale to acquire $4.6 billion worth of Bitcoin on the same day as their...
Mantra (OM) price recently broke a new all-time high on November 18 and has surged 155.29% in the last seven days. This explosive rally highlights the strong bullish momentum that has pushed OM to its highest levels yet.
However, recent indicators, including RSI and the Ichimoku Cloud, suggest the uptrend may be weakening.
OM RSI Shows The Neutral Zone
OM’s Relative Strength Index (RSI...
On November 13, Dogwifhat (WIF) active addresses rose to 17,000. However, as of this writing, that number has dropped almost fivefold, indicating that interest in the meme coin has decreased.
This decline also coincided with WIF’s price decrease from $4.20. Here is a thorough analysis of how the decrease in active addresses could affect the meme coin’s value in the short term.
Dogwifhat...
Arkham Intelligence has announced plans to launch a spot trading platform in the US, aiming to compete with major players such as Coinbase and Kraken. Besides the announcement on X (formerly Twitter), the company disclosed very limited details about the platform.
The trading service will operate with location-based restrictions, aligning with local regulations. US users will only gain access...
RENDER price has surged 48% in the last month, solidifying its position as the largest artificial intelligence coin by market cap at $4.1 billion. It now leads over its closest competitors, TAO, FET, and WLD, reflecting growing interest in the AI-focused asset.
However, despite this impressive rally, declining whale activity and weakening trend indicators suggest potential challenges ahead....
The court sentenced the FTX co-founder and long-time friend of Sam Bankman-Fried to no jail time and three years of supervised release.
Authorities credit Wang’s help with their fast extradition of the ex-CEO from the Bahamas in December 2022.
Cooperation With Prosecutors Exempts Wang From Prison
On November 20, Gary Wang was sentenced for his involvement in the 2022 collapse of crypto...
Dogecoin (DOGE) price has been on a wild ride, up 180% in the last month but down 7.03% over the past seven days. As the undisputed leader of meme coins, DOGE boasts a massive $58 billion market cap, four times larger than its closest competitor, SHIB, at $14.5 billion.
While recent price action has highlighted DOGE’s dominance, indicators like the Ichimoku Cloud and DMI suggest its bullish...
Grayscale, one of the largest spot Bitcoin ETF issuer, will begin options trading tomorrow. Options trading on BlackRock’s IBIT began yesterday, proving to be a “feeding frenzy” with major inflows.
Options trading may transform the Bitcoin ETF sector, but Grayscale will need to take advantage of this interest.
Grayscale ETF Options Trading
According to a new announcement from Grayscale...