Analysts expect occasional market dips to occur until tariff tensions ease. Coin Bureau's founder said a slight bitcoin dip may be "healthy."
Nvidia shares plummeted 8% after the U.S. banned its H20 chip sales to China, impacting equities and the crypto market.
These could be protective plays, one observer said, referring to the activity in the NVDA put options.
Nvidia will build Blackwell chips in Arizona and AI supercomputers in Texas to meet surging AI demand.
Despite a 26% drop from all-time highs, bitcoin holds steady compared to leading tech stocks, signaling increasing maturity.
The vehicle, which was created in September of last year, aims to raise $30 billion in funding.
Since President Trump won the U.S. election in November, the S&P 500 has dropped 2%, while bitcoin has gained 20%.
On Monday, NVIDIA had the largest single-day market cap loss in history, erasing $465 billion in market cap.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
On Jan. 21, OpenAI announced the Stargate initiative, a groundbreaking project to develop advanced AI infrastructure in the United States. Stargate initiative According to the firm, the project is planning an estimated $500 billion investment over four years, and the organization intends to allocate $100 billion upfront to accelerate its goals. The project focuses on […]
The post OpenAI to launch new $500 billion AI infrastructure company Stargate appeared first on CryptoSlate.
MicroStrategy has the highest 30-day implied volatility of any magnificent seven stocks.
Nvidia boss Jensen Huang unveiled the chipmaker’s latest AI supercomputer, which it plans to start selling in May for $3,000.
AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.
Amid a year of high points, challenges remain. How will AI developers deal with a looming data shortage, for instance?
Ripple’s XRP has been the subject of recent media attention, and for good reason. The cryptocurrency has experienced a significant increase in 2024, with a gain of over 258% since the start of the year. XRP’s price had risen significantly from its low of $0.22 in early 2021 to approximately $2.30 as of mid-December. XRP has now surpassed stablecoin Tether (USDT) to become the third-largest cryptocurrency by market capitalization, a testament to its extraordinary growth. Related Reading: XRP Historic Moment Coming In 2025? This Crypto Exchange Believes So Linda Jones, a well-known wealth mentor, has just lately delivered her most current newsletter, which has generated a great deal of excitement among members of the international crypto community. The Beginning Of A New Technology Cycle Jones underscores that we are at the inception of a new technological cycle. She contends that digital assets are poised to revolutionize asset tokenization and money, much like the internet transformed communication. An excerpt from my weekly newsletter today: Digital assets should outperform tech stocks like the Magnificent 7 (Apple, Alphabet, Google, Tesla, Meta, Amazon and Nvidia) by possibly as much as 10x, in my opinion. Why? There are seven reasons I can think of: 1. We are early… — Linda P. Jones (@LindaPJones) December 19, 2024 Investors who are prepared to adopt this emergent asset class may capitalize on substantial growth prospects as a result of this transformation. Jones emphasizes that digital assets have historically been the most successful asset class, with Bitcoin experiencing nearly 30,000% increase over the past decade and XRP following closely behind with a 35,000% increase during the same period. Unexploited Market Potential The current low adoption rate of digital assets is one of Jones’s most compelling arguments. She observes that only 5% of individuals worldwide have invested in cryptocurrencies, indicating a vast untapped market that is awaiting development. Retail investors are currently better positioned than institutional players since they cannot fully enter the market because of regulatory barriers. However, Jones expects that institutional capital will soon flood the market in response to the expected regulations on crypto and stablecoins by early 2025. The recent proposal by US President-elect Donald Trump to exempt capital gains on digital assets situated in the United States from taxation serves to bolster this optimism. This policy has the potential to substantially increase the potential of American projects such as XRP and Cardano (ADA) by redirecting investments toward them if it is implemented. Related Reading: Can Ethereum Break $3,500 Before End Of 2024? Analyst Weighs In A Favorable Political Environment Political change is also favoring digital assets. Jones notes David Sacks’ appointment as Crypto and AI czar, citing his pro-crypto stance as PayPal COO. This leadership change shows a commitment to promoting cryptocurrencies. $XRP gonna make history next year — Bitstamp (@Bitstamp) December 20, 2024 Moreover, Congress has lately grown much more pro-crypto, creating an environment fit for regulatory clarity and expansion. As XRP and other digital assets gather pace in front of changing rules and more investor trust, Jones expects 2025 to be a decisive year for them. Other business leaders share her feelings; they believe that XRP may become historical in this year. Featured image from DALL-E, chart from TradingView
An American global chipmaker lost its bid to stop a 2018 class action lawsuit against it after the higher court dismissed its appeal. Nvidia lost its legal battle to dismiss a cryptocurrency fraud case filed by shareholders after the US Supreme Court ruled that it would no longer entertain the appeal of the chipmaker. Related Reading: […]
Nvidia has lost a Supreme Court challenge to try stop an investor-led lawsuit that says it understated its GPU sales to crypto miners.
ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains.
The world’s most valuable company is focusing on AI systems or agents designed to exhibit autonomous decision-making.
Nvidia, a leading American software company, reclaims the title of the world’s most valuable company by market capitalization, topping tech giant Apple. The company’s shares jumped by 2.5% during Tuesday’s trading hours, pushing its market valuation to roughly $3.44 trillion, topping Apple’s $3.37 trillion. Related Reading: No Comeback: Binance Founder CZ Says He’s Not Returning […]
MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections.
Microstrategy hits 17% of the trade volume of nvda
The new model appears to be a fine-tuned version of Meta’s Llama-70b.
The DOJ and the SEC say they have “strong interest" in the case and argue that the class-action suit should proceed.
The tech is still experimental, but its implications could change how users view reality.
The cryptocurrency mining company now has 1,000 Nvidia GPUs available.
AI tokens' recovery highlights market sensitivity to regulatory news, underscoring the volatility and investor sentiment in the tech sector.
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This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising.
The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.