Nvidia, a major producer of artificial-intelligence chips, recently experienced a notable drop in its stock value, reducing its market capitalization by about $406 billion. This decline, occurring over the past two weeks, has raised concerns about the broader US economy…
Nvidia Surpasses Bitcoin and Ethereum in Market Volatility
Nvidia Corporation has experienced a turbulent year, with dramatic price swings thrilling and alarming investors. A notable 12% rally followed its worst three-month decline, potentially adding $300 billion in market value in one session. This volatility, surpassing even Bitcoin’s, stems…
Crypto Tycoon’s Pioneering $500M Nvidia Chip Investment Fuels AI Adoption
Key Highlights In a groundbreaking move, a nonprofit organization financed by the crypto world’s magnate Jed McCaleb has recently acquired approximately $500 million worth of cutting-edge Nvidia chips. The intention behind this substantial investment is to offer computing capabilities to…
Nvidia Project Weaker Sales Due to Crypto Winter
A press release from Jan 28 reported that Taiwan based computer hardware company, Nvidia, updated financial estimates for Q4 for the 2019 fiscal year. The company is forecasting weaker sales in its gaming and data center platforms coming from excess…
Graphics Card Makers Note Considerable Revenue Slump in Crypto Specific Products
Graphics card sales have been through the roof ever since the advent of the blockchain and crypto. Crypto miners have flooded graphics card sale joints, stacking up on various types of graphics cards. Crypto miners shop for only graphics cards…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
