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Amid exports restrictions on AI chips introduced by the US government, Nvidia expects a slowdown in the revenue growth in the ongoing Q4 quarter leading to a selling pressure on its stock. Investors in Nvidia Corp (NASDAQ: NVDA) displayed a measured response to its recent quarterly (Q3 2024) report, which
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The buyers of these tokens include traders, investors, DAO treasurers, and wealth management firms. “This is specifically interesting for people who are already in stablecoins, and looking for diversification, and who are looking for yield with very little risk,” says Nils Behling, COO of Tradeteq, a U.K-based private debt and
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Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom
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Stars Arena, a decentralized social media application, is catalyzing transaction activity on Avalanche’s C-Chain network. Launched in late September, the blockchain-based social app, inspired by Friend.tech, has contributed to a more than 186% rise in daily transactions on Avalanche’s C-Chain—the blockchain element tailored for smart contracts—over the last two days. Avalanche C-chain
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The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said. Source
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Fortunately, there is a potential fix here. The rise of blockchain technology is reshaping how many companies trade their financial assets. Blockchains allow existing real world assets (RWA) and capital to be “tokenized,” i.e., representing certain assets, be they tangible, intangible or financial, on-chain as digital tokens. Source
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Sui network’s persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the
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Artificial intelligence could eventually have a bigger financial impact on the American economy than electricity and personal computers, according to economists at investment banking giant Goldman Sachs.In an Aug. 1 investment report, Goldman Sachs economists Joseph Briggs and Devesh Kodnani predicted that AI could pull as much as $200 billion
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MakerDAO (MKR) has navigated a tumultuous path in the Decentralized Finance (DeFi) market since June, marked by regulatory pressures and various challenges
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On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital.In a wide-ranging interview with Cointelegraph, Andersson said he thinks the increasing popularity of decentralized spot trading will inevitably lead
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