Cryptocurrency Analysis and News Portal
Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023. Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than
Read More
Computer chip manufacturer Nvidia briefly joined the exclusive club of companies with a $1 trillion market capitalization as market demand for artificial intelligence (AI) tech reached a crescendo.The milestone was hit on May 30 in the United States morning trading hours by the computer chip and graphics card manufacturer with
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) finds itself in a critical position, experiencing a decrease in demand despite a recent break above the $28,000 price level. This prevailing bearish scenario provides no substantial backing for the asset’s current price movement to
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrencies have recently seen a surge in popularity, with meme coins becoming particularly captivating for investors and enthusiasts. Dogecoin (DOGE) and Shiba Inu (SHIB) are examples of this trend. In today’s discussion, we will explore a new
Read More
In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products. Nvidia Corporation (NASDAQ: NVDA) shares jumped nearly 25 percent during Wednesday’s extended trading period to trade around $380.65, a new ATH. The American multinational tech company reported its financial results
Read More
A nonfungible token (NFT) influencer has been served with a settlement demand via NFT – which casually dropped the "F bomb" several times – alleging that the influencer engaged in wire fraud "at a minimum," on a recent $7 million token presale.Lawyer Mike Kanovitz, a partner at Loevy & Loevy,
Read More
The ability to trade bilateral options tied to cryptocurrencies with Galaxy removes credit risk, which is normally associated with traditional OTC options trades, Galaxy said in a statement. This is because users send their collateral to a smart contract rather than to a counterparty, making the user less exposed to
Read More
The Mortgage Bankers Association said there was a 10% jump in homeownership demand last week in anticipation of paused rate hikes. Mortgage demand in the US recently climbed considerably after the Federal Reserve signaled that it could pause interest rate hikes. The increase in applications for home-buying was a direct result
Read More
Bitcoin (BTC) tracked $27,500 on May 10 as markets geared up for what should be a positive United States inflation print.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI set for months of declineData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered in a narrow trading range ahead of
Read More
Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows. Original Source
Read More