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Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion.The better-than-expected earnings follow a 12-month growth trend, during which the company saw earnings increase by 34% over the last quarter and 206% over Q3 2022. While the company beat
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At press time, notional options open interest had dropped back to $13.8 billion. In contract terms, open interest stood at over 376,000 BTC, nearly double the October 2021 tally, but well short of the record 433,540 BTC of March this year. On Deribit, one options contract represents one bitcoin. Source
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With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts. In the last year, the total sum stood at $22.2 million.According to a CoinGecko report published on Nov. 14, the U.S. crypto lobby has spent $20.19 million
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Bitcoin and altcoins climbed over the last 24 hours, with a 6% rise in the king coin, and larger increases in altcoins. Bitcoin recorded a nearly 6% rise from yesterday, currently trading at nearly $37,600 as of this writing. The king coin’s jump is interesting, considering it fell below $35,000 on Tuesday.
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The Bitcoin (BTC) mining community recorded its annual all-time high (ATH) on Nov. 12 after raking in over $44 million in block rewards and transaction fees. The revenue from Bitcoin mining primarily comes from rewards for confirming Bitcoin transactions and creating new blocks using high-tech computer equipment known as mining rigs.
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"In 2013, bitcoin rallied 1200% in approximately 100 days; in 2017, it rallied 1900% in just under a year; in late 2020, it rallied 400% in about 140 days,” Mitchell said, warning of several pullbacks and price dumps on the way to a retake of highs. Original Source
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Amid fluctuating markets and economic uncertainty, Bitcoin long-term investors hold their coins tighter than ever. Data from blockchain analysis firm Glassnode reveals
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Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares. Microsoft Corporation (NASDAQ: MSFT), a global technology powerhouse, witnessed a remarkable surge in its share price, achieving unprecedented heights for the first time since 2021. On November 7, the company’s shares ended the trading
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The Dow had the weakest performance among the three major indexes during Tuesday’s session, primarily due to several declining stocks. On Tuesday, November 7, two big Wall Street indices – S&P 500 (INDEXSP: .INX) and Nasdaq Composite (INDEXNASDAQ: .IXIC) – recorded their longest winning streak in nearly two years since November
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In recent years, Behnam's agency has routinely been held up in crypto circles as the preferred U.S. regulator. Industry insiders have suggested its handling of digital assets is much more reasonable than its sister agency, the Securities and ExchangeEnforcement Commission (SEC.) But while the CFTC's reach and staff may be
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