Once the world’s leading producer of gaming-focused graphics processing units (GPUs), Nvidia (NASDAQ: NVDA) has emerged as a juggernaut following the advent of the artificial intelligence revolution. The company’s products, once firmly in the domain of entertainment and demanding video editing, are now powering a paradigm shift that has found a myriad of uses spanning more or less
A cryptocurrency Solana trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades. Lookonchain reported the case on December 13, which is a cautionary tale for crypto traders to avoid letting emotion dominate. In summary, the
stocks As the semiconductor industry continues to drive innovation in artificial intelligence (AI) and high-performance computing (HPC), identifying the best investment opportunities has become increasingly critical. With global semiconductor sales reaching a record $55.3 billion in September 2024, a 10.2% quarterly increase, and the fastest growth rate since 2016, the sector is poised for transformative growth. However, geopolitical tensions, including potential tariffs and
Bitcoin BTC faces resistance near $101,100, hinting at a potential downturn. At the same time, Ethereum (ETH) eyes a rally if it can firmly close above $4,000, and Ripple (XRP) holds support at $1.96, with a breakdown signaling a possible decline. Bitcoin bulls show signs of weakness Bitcoin price faced rejection on the daily resistance
Babylon Chain has seen $1.2 billion worth of Bitcoin deposits in 48 hours. Babylon Chain, the middleware blockchain securing Cosmos-based chains with Bitcoin, just broke $3 billion worth of deposits. Babylon has seen deposits totaling over 36,100 BTC, worth more than $3.63 billion, as of press time, according to Dune data. The assets were delivered by nearly
Buying a 9dcc Black Box will earn buyers a mystery prize—perhaps connected fashion, or maybe even a CryptoPunk NFT. 9dcc, the on-chain fashion label founded by pseudonymous crypto personality and investor gmoney, is preparing to release its latest project, the 9dcc Black Box, on December 18. The drop, limited to 2,750 NFTs minted on Ethereum layer-2 network Base, is
Dimo, a platform for developers to build apps and enable car drivers to monetize their data, is migrating between Ethereum scaling networks, the developers exclusively told Decrypt—from Polygon to Coinbase’s Base. Co-founder Rob Solomon believes the move opens doors for valuable partnerships ahead. The project is a “global API layer for cars” that is aiming to make every
Michael Saylor, co-founder and the executive chairman of the MicroStrategy giant, has addressed the Bitcoin community regarding the role of Bitcoin in the evolution of money. “Bitcoin is better money” Saylor Saylor has traditionally published a Bitcoin-themed tweet with an AI-generated image of himself. This time, he is standing on the beach on a tropical
Bitcoin $BTC has regained ground, trading at $100,582.99 at press time after briefly pulling back to $94,000 earlier this week .ChatGPT The cryptocurrency market remains in flux, with investor sentiment split between optimism driven by institutional interest and concerns over ongoing economic uncertainties. Institutional players like MARA Holdings (NASDAQ: MARA) and Riot Platforms have increased
Cardano (ADA) price breakout ADA has surged from $0.33 to $1.22 in just 30 days, marking a 181.5% increase. While it faced a minor correction in early December, the overall monthly trend remains strongly upward. The last time ADA reached this price was April 2022, though it still lags behind its all-time high of $2.85