Nvidia revenues up 80% from ‘amazing’ demand for AI chips
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”
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Bitcoin Price Breaks Through Key Resistance as Traders Target $9.2K
Bitcoin daily price chart. Source: Coin360Bitcoin (BTC) bulls appear to have found a second wind which allowed them to push the price above $9,000 to daily high at $9,150. As discussed in an earlier analysis, bulls had been fighting to hold the price above $8,800 throughout the day and multiple attempts at knocking out the…

NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues
Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. 82 Total views 14 Total shares Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs…

CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
Bitcoin miner ClearSpark has begun the second phase of operations at its mining campus in Washington, in the U.S. state of Georgia, reaching 8.0 exahashes per second (EH/s), halfway to its year-end target of 16.EH/s. The second phase saw an investment of nearly $55 million in the site, including construction, infrastructure and machines. The facility, bought…

Biden should integrate Bitcoin into US financial system, says Niall Ferguson
The economic historian said that President-elect Biden’s administration should consider Bitcoin as an alternative to a “Chinese-style digital dollar.” 440 Total views 5 Total shares British economic and financial historian Niall Ferguson said the United States needs to find its own path in adopting cryptocurrencies, rather than “building [its] own versions of China’s electronic payments…

Bitcoin bull market FOMO absent as BTC price nears key $39K profit zone
Bitcoin (BTC) bull market “FOMO” has yet to appear despite BTC price being up 120% this year.Data from the statistics platform Look Into Bitcoin shows that on-chain transactions are only starting to involve “younger” Bitcoin.Bitcoin bull market analysis: “We’re still early”Bitcoin remains near 18-month highs and well beyond its bear market trading range and several

Sam Bankman-Fried’s charitable donations sought by FTX: Report
FTX's new management is seeking to recover millions of dollars donated by Future Fund and SBF. 370 Total views 14 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFTX's new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports…

A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
COO at Harmony, Li Jiang, is convinced that a bridge connecting all major blockchains is the key to building the foundation of a decentralized internet. 128 Total views 5 Total shares Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web…

VCs back Balancer with $24.25M investment
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again? 427 Total views 3 Total shares The capital raise was led by Blockchain Capital, Fintech Collective, LongHash Ventures, Fenbushi Capital, Continue Capital and Kain Warwick, the founder of DeFi protocol Synthetix. The…