Nvidia’s stock prices reached a new record high on Aug 22, resulting in a surge in crypto tokens associated with artificial intelligence projects. The profits were largely from Nvidia’s AI unit, with revenue of its data center unit spiking by 171% YoY to reach $10.32 billion in Q2 2024.The market cap of the AI and […]
Jerome Powell, the Federal Reserve chairperson, has been facing criticism for his stance on using the same approach that helped the US get rid of inflation several decades ago. Arthur Hayes, the founder of BitMEX, has argued that the current economic and monetary conditions in the US are vastly different from what they were in […]
Bitcoin’s next halving event, set to take place in April 2024, could see the cryptocurrency’s price skyrocket to $148,000, according to Pantera Capital, the fifth-largest crypto hedge fund by AUM.The firm’s “Blockchain Letter” analyzed BTC’s past halving events and their subsequent impact on its price. It noted that the longest period of negative year-over-year returns […]
The Shiba Inu team has recently reopened the Shibarium network after it suffered technical issues during its launch. The team has also increased the network’s capacity by 1,500% to enhance security and stability. This has led to renewed interest in the ecosystem’s tokens, with the price of BONE token increasing by 15% over the course […]
Ripple has been responding to the challenges of the current cross-border payment system with its blockchain-based solutions like RippleNet. This platform offers real-time payments and remittance services along with advanced cross-border payment solutions. XRP Ledger, which uses the XRP crypto for instant cross-border settlements, has already partnered with over 100 financial institutions in 55 countries.Crypto […]
Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. Nvidia reported a net income of $6.7 billion for the quarter ending July 30, which was 422% up on the same period a year ago. This caused a surge in AI stocks, with Render, SingularityNET and Fetch.ai […]
Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. With hype around AI hitting a new high after another huge guidance from Nvidia, RNDR price looks poised for a retest of the key supply zone near $1.58.Demand for the Render technology cuts across gaming, metaverse, AI, […]
Planet cryptocurrency is the native token of a platform called Planet that uses blockchain technology to tackle the most important sustainability concerns in the world. The ‘Join Our Planet’ movement is dedicated to resolving the 17 Sustainable Development Goals (SDGs) established by the United Nations.At press time, PLANET was trading at $0.00005528, up 14.96% in […]
Binance, the leading global cryptocurrency exchange, is set to discontinue its crypto debit card services in two major markets: Latin America and the Middle East. This will take effect on August 25th, and customers in these territories will have until September 21 for card transactions. Binance clarified that this won’t affect accounts, nor will it […]
GlobiancePay is a revolutionary financial platform that is transforming the way people manage their assets. Powered by the XDC Network, it offers a comprehensive suite of banking services, including fiat currencies and cryptocurrencies, as well as a Security Token Offering (STO) on Launchpad S. This advanced ecosystem is designed to provide users with a secure, […]
