Nvidia AI chip value skyrockets amid AI development boom

Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets.In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.”Analyst: Stocks saw "forced liquidation"After plunging to 10-week lows in line with equities on the May 5…

Traders say “stay calm” but also expect further whipsaws in BTC price until $46,500 flips to support and marks a higher time frame trend reversal. 204 Total views 5 Total shares Market volatility reared its ugly head once again for crypto traders on Jan. 13 as the excitement of Bitcoin (BTC) hitting its highest level…

As the cryptocurrency market continues to mature, the importance of market makers in maintaining liquidity and stability has grown respectively. Similar to the worldwide trend of increased regulation, market makers are acquiring prominence in the evolving cryptocurrency landscape.By partnering with exchanges, such as Binance, Coinbase, KuCoin and others, market makers try to reduce spreads in…

According to Jeffrey Gundlach, the trading pattern for Bitcoin may suggest a price drop below $30,000. 465 Total views 1 Total shares Jeffrey Gundlach, the CEO of investment management firm DoubleLine, implied that Bitcoin could see more favorable activity in the long term than that of the U.S. dollar.In a Wednesday interview on CNBC’s Halftime…

Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space.The Financial Times (FT) reported on Aug. 30 that the asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors.Weeding out the crypto…

As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized collateral assets in Maker (MKR).The concept of decentralization underpins the entire existence of crypto, serving as a core ideology. Historically, decentralization has clashed with the…

If “crypto,” then a straight buy-up of BTC and ETH fared better than big name stocks this year. 1785 Total views 40 Total shares Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks.New data currently circulating shows that for all the growth in the…

After a successful fractionalization into $DOG Tokens, the total implied value of the Original Doge meme NFT has gone through the roof. 1683 Total views 13 Total shares The original Doge meme NFT has soared to a valuation of around $220 million following its successful fractionalized token sale this week. Ludicrously high prices for in…

The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms. 583 Total views 27 Total shares Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair Jay Clayton said he believed approval was still going