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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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SOL, the native token of Solana, has demonstrated exceptional performance once again, surpassing all other prominent cryptocurrencies in the market. The proof-of-stake blockchain
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The number of crypto wallet addresses holding more than $1 million in Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from 23,795 on Jan. 1 to 81,925 currently, a 237% increase in the last 11 months.Currently,
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"Last year has thrown into the limelight the tremendous importance of comprehension, auditability and transparency of blockchains," said Elementus CEO Max Galka in the press release. "As the broader crypto industry seeks to emerge from a tough year, it will be critical to do so in a way that foments
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The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli unveiling his return to rebuild the project. Original Source
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Once the proposal is implemented, about 10% of trading fees could go to UNI holders, according to Ilan Solot, a partner at crypto hedge fund TagusCapital. Currently, they do not get any share in the protocol's revenue, contrary to SUSHI token and CRV token holders. The entire amount collected from
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Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million. Original Source
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Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY).The company announced the impressive earnings figures in its second-quarter shareholder letter on August 1. In the report, Square revealed its total gross profit grew 91% YoY to $1.14 billion.Bitcoin services drove $2.72 billion
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With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC's coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over the past 24 hours and nearing its all-time high. The current highs
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Bitcoin is now viewed as a better hedge against market volatility than stocks and U.S government bonds according to a recent survey from market research company
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