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…
Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. According to the on-chain analytics firm IntoTheBlock, SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions. Whales Activity: Large Transaction…
Ethereum still dominates the stablecoin market, despite hype for minting tokens on other chains. The chain has 52.59% of the stablecoin supply, in addition to the most active usage based on smart contract data. The Ethereum chain is still important for stablecoin supply and turnover. Despite the hype for new mints on TRON and Solana,…
“Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major Shake-up for Financial Oversight Agencies House Financial Services Committee Chairman Patrick McHenry criticized federal regulators during a Wednesday hearing, calling for updated financial oversight…
Yao Qian, a leading figure in China’s blockchain industry and former head of the central bank’s digital currency institute, has been expelled from the Communist Party of China and removed from public office. Authorities accuse him of cryptocurrency-related corruption. China’s anti-corruption agency announced Yao’s dismissal, alleging he “seriously violated discipline and the law” by abusing…
The U.S. Department of Justice has taken legal action against five individuals accused of orchestrating a sophisticated cryptocurrency theft, amounting to around $6.3 million, and compromising critical corporate data. Who Are the Accused Individuals? The defendants include Ahmed Hossam Eldin Elbadawy, 23, from Texas; Noah Michael Urban, 20, from Florida; Evans Onyeaka Osiebo, 20, from…
Bitcoin has set the market’s pace with multiple all-time highs recorded in less than ten days. SUI and Tron are among the altcoins that have shown similar trends with major gains in November. Meanwhile, Monsta Mash’s projected ROI of above 500X could be reached by Q1 2025. The project announced amazing bonuses and giveaways and…
November 21, 2024 at 04:15 AM GST updated: November 21, 2024 at 12:06 AM 2 mins read News Bitcoin’s high liquidity and volatility make it ideal for day trading, offering consistent opportunities for quick profits. Ethereum’s role in Dapps and ongoing technological improvements create strong demand, driving day trading profits. Chainlink’s smart contract capabilities and…
Bitcoin price is poised to cross the $95,000 threshold. Analysts are optimistic about the $106,000 level. The cryptocurrency’s bullish momentum is bolstered by technical factors. Renewed market sentiment driven by Donald Trump’s pro-crypto policies aids BTC’s recent run. Nevertheless, traders continue to be cautious, watching out for pullback zones at $85k and $81k before the next leg…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Litecoin network demonstrates impressive growth as it charts new milestones across multiple fronts. From surpassing new transaction records to a surge in its hashrate, the network is expanding rapidly. These notable milestones mark a pivotal phase in the network’s journey. Despite these technological achievements, Litecoin’s (LTC) price still…
The post SHIB’s Large Transactions Surge by 98%, Buy Sign or What? appeared first on Coinpedia Fintech News Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. According to the on-chain analytics firm IntoTheBlock, SHIB’s large transaction volume has surged…
Este artículo también está disponible en español. Bitcoin reached a new all-time high yesterday, surging to $94,000 and solidifying the bulls’ control over the market. This milestone has ignited widespread speculation about the key factors fueling the rally, as Bitcoin continues to dominate headlines and capture investor enthusiasm. Related Reading Key insights from CryptoQuant CEO…
Journalist Posted: November 21, 2024 SOL Global Investments plans to raise $2.5M to buy more Solana tokens. The fund’s share surged over 850% as SOL rallied from $138 to $248. SOL Global Investments, a Canadian-based fund focused on Solana [SOL] and its tech ecosystem, plans to raise C$3.6 million (about $2.5M) to buy more SOL…
Home » Journal » Here’s Why Solana (SOL) Has Continued to Outperform Ethereum and Many Other Cryptos Solana Must Meet These Three Requirements for SOL Price to Keep Outperforming Ethereum in 2025Posted by TradingView There is higher optimism around Solana as it continues to gain traction….
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A new token called Flockerz (FLOCK) is seeking to join the $116 billion meme coin market with a revolutionary DAO that will reward its holders as they participate in the decision-making process. The bird-themed token has raised over $500,000 in the last four days alone, pushing its total funds over the $2.5 million mark. Top…
LandX and Truflation, the leading source of real-time economic data, are excited to announce a collaboration that will provide digital investors access to trustworthy, real-time agricultural commodity pricing. This collaboration will provide DeFi and TradFi customers with insightful information and clear access to tokenized agricultural commodities, including as important assets like wheat, soy, rice, and…
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With ambitious growth plans, CYBRO aims to outpace Polkadot and Avalanche as the next big thing in DeFi. An up-and-coming cryptocurrency is making waves with its potential to surge from $0.04 to $25, catching…
The United States Securities and Exchange Commission (US SEC) has further delayed its decision on Franklin Templeton’s Bitcoin and Ethereum index ETF. From the filing made on November 20, 2024, it has been agreed that the decision on the proposal will be made on January 6, 2025 to afford the regulating authority ample time to…
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…
MicroStrategy’s thirst for Bitcoin cannot be quenched, despite holding over $31 billion worth. Barely two days after announcing a plan to sell $1.75 billion worth of convertible notes as a means to buy up more of the world’s top cryptocurrency, the firm said on Wednesday that it has expanded that offering to $2.6 billion worth…
Le Chat by Mistral AI announces major updates as ChatGPT-4o and other generative AI tools face serious competition. The company’s free AI work assistant not only helps users with creative tasks, coding, and research, but it has also expanded new features in beta. After integrating advanced AI capabilities and its recent funding rounds, the parent…
Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater to the growing demand for stablecoin-based services. This latest milestone…
Bitcoin surged past $94,000 today, hitting a new all-time high and keeping the crypto market’s momentum alive. But while all eyes are on BTC, some analysts are pointing to Pepe Unchained – a meme coin project that’s raised over $40 million in presale. Could this rising star steal some of Bitcoin’s thunder? Bitcoin’s Unstoppable Momentum…
MicroStrategy made waves in financial markets today, with its market value at one point exceeding $100 billion and its stock becoming the most-traded stock in the United States. Its trading volume even surpassed that of Tesla (TSLA) and Nvidia (NVDA), two market giants known for their high levels of activity. The surge in activity appears…
On Wednesday, Hoth Therapeutics revealed its intention to acquire $1 million worth of Bitcoin to bolster its treasury reserves. This strategic decision was unanimously approved by the company’s Board of Directors and is attracting widespread attention across financial markets. The ongoing allure of Bitcoin, recognized as the predominant cryptocurrency, significantly contributes to institutional interest, thereby…
Tallinn, Estonia, November 20th, 2024, Chainwire Following its global unveiling on the main stage of Binance’s Blockchain Week conference in Dubai, AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology. bitGPT’s X and Telegram communities grew in size…
November 21, 2024 at 03:13 AM GST updated: November 20, 2024 at 05:23 PM 2 mins read News Ethereum’s ecosystem and upgrades solidify its role as a cornerstone in decentralized finance. Solana and Polygon drive adoption with scalability and cost-effective solutions. Chainlink and Cardano bring utility and research-driven innovation to the blockchain space. Thus in…
A little-known digital coin, trading at only $0.04, is capturing the attention of the crypto community. Experts suggest it could surge to $30, potentially overtaking established players like XRP and Ethereum. With its ambitious goals and innovative technology, this coin might redefine the cryptocurrency landscape. Could this be the next big opportunity in digital assets?…
Within the last 96 hours, a subset of large-scale investors popularly referred to as the whales, has swept in and brought up around to the tune of 140 Million Polygon (POL) tokens. This amounts to a total of $56 Million, according to analyst Ali_Charts. This huge purchase has caught the attention of many in the…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Cardano (ADA) is having a moment. With its price nearing $0.80 and analysts predicting a 30% rally if it breaks resistance, ADA has solidified its position as a must-watch asset in 2024. A 100% surge in just days, coupled with strong on-chain metrics like a 6.9% rise in Open…
Speculations on the next chair of the Securities and Exchange Commission continue to swirl as incoming US President Donald Trump remains mum on the issue. Several names have been floated, with XRP’s John Deaton and SEC’s Mark Uyeda being two recent figures in the media. However, if the current insider talks are to be considered,…
Key Points Ethereum’s decentralized application (dApp) ecosystem has seen a 38% increase in activity over the past month. Despite the increase in network activity, Ethereum’s price action has remained subdued, trading around $3,114. Ethereum’s dApp Volume Surges Ethereum’s decentralized application (dApp) ecosystem has experienced a significant increase in activity, with a 38% volume increase in…
Ethereum has registered the highest dApp volume in the last 30 days. ETH’s price trend has been less active. Ethereum’s [ETH] decentralized application (dApp) ecosystem has witnessed an impressive surge in activity, with volumes climbing by 38% over the past month. This growth signaled renewed interest in DeFi, NFTs, and gaming sectors. However, a critical…
Home » Journal » PEPE vs. Dogecoin vs. RCOF: Which Altcoin Investors Are Choosing for the Biggest ROI by Q2 2025? By all accounts and expert forecasts, Q2 of 2025 will be massive for altcoins, especially for PEPE, Dogecoin (DOGE), and RCO Finance (RCOF). While PEPE…
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…
On Wall Street, trends are paramount to making the most out of your investment. That being said, Amazon (AMZN) has emerged as a stock with momentum that could make it a buy-now option. Among the largest e-commerce providers on the planet, how are experts perceiving the fifth largest company in the world by market cap?…
The move was accepted by the company’s board of directors, reflecting a rising trend. Bitcoin was included in Hoth’s treasury strategy in part because of increased market activity. In an effort to take advantage of Bitcoin’s potential as a store of wealth and protection against inflation, Hoth Therapeutics, a biopharmaceutical business in the trial stage,…
According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history. Source link
Franklin Templeton, one of the crypto exchange-traded fund (ETF) issuers, has expressed interest in releasing the crypto index ETF, but the authorities are now delaying it. The Securities and Exchange Commission (SEC) detained the deadline for approving the crypto index ETF by Franklin Templeton. According to the filing on Nov. 20, the authorities raised their…
The United States Department of Justice (DOJ) has charged five individuals in connection with a crypto hacking scheme that allegedly stole $6.3 million in cryptocurrency and breached sensitive corporate data. The charges, announced on Wednesday, stem from a multi-year phishing and hacking operation that targeted employees of major tech firms, telecommunication companies, and cryptocurrency platforms….
The US Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s application to launch a crypto index exchange-traded fund (ETF) offering exposure to Bitcoin (BTC) and Ethereum (ETH) to Jan. 6, 2025. The SEC initially had a 45-day deadline to decide, which would have fallen on Nov. 22. However, under Section 19(b)(2)…
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 reports,…
A crypto token based on a viral TikTok meme has gone parabolic, touching a $500 million market cap just days after launching. Savvy meme coin traders are raking in millions from the launch—including one who turned a $1,000 investment into over $1 million in less than a week. Just a Chill Guy (CHILLGUY) is a…
OpenAI has entered a partnership with Common Sense Media to launch a free training course for teachers. The AI chatbot maker expects its new course to improve knowledge about artificial intelligence (AI) use and prompt engineering among educators. Earlier this year, OpenAI introduced ChatGPT Edu. At the time, it said the module was specially designed…
In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for…
In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban will impact the Irkutsk region, portions of Buryatia, the Zabaikalsky region in Siberia, and six North Caucasus areas, including Chechnya and Dagestan. Mining will also be prohibited in the Russian-controlled Ukrainian regions of…
According to the official statement, the SEC has postponed its decision on the Franklin Templeton Bitcoin and Ethereum crypto index ETF. Investment firm Franklin Templeton previously filed a registration statement with the agency in August for a Franklin Crypto Index ETF that would hold both cryptocurrencies under the ticker EZPZ. “The Commission finds it appropriate…
Canadian investment firm SOL Global Investments Corp has announced its intent to acquire additional Solana tokens, amounting to 3.6 million CAD. This strategic acquisition aims to leverage the promising growth prospects associated with Solana in the cryptocurrency market. What is the Purpose of the Fund? The funding from this proposal will significantly bolster SOL Global’s…