Will Nvidia Be a $5 Trillion Company in 2025?
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on Wall Street over the past two years and performed well enough that it’s vying for the title of the world’s largest company against Apple. It currently has a $3.4 trillion market cap, well over halfway to the $5 trillion market-cap figure that’s estimated by Wall Street. Nvidia…
Stock Market Today: Dow Jones Fades As Nvidia Breaks Key Level; Cathie Wood Unloads Tesla After 66% Gain(Coverage)
The Dow Jones Industrial Average, S&P 500 and the Nasdaq headed lower in afternoon trades in the stock market today. Broadcom (AVGO) soared on a bullish AI outlook after results met Wall Street estimates. Nvidia (NVDA) fell but Tesla (TSLA) headed higher. Broadcom stock cleared the $1 trillion market cap milestone, while Nvidia broke below the 50 day moving average. Broadcom is on IBD…
How Cryptocurrency Turns to Cash in Russian Banks
A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to dozens of foreign currency dealers, money transfer businesses,…
Bitcoin analysis: Start selling BTC when this key metric hits 4%
Bitcoin supply profitability should form a focus for those seeking to avoid the return of the BTC bear market, CryptoQuant said. Bitcoin hodlers should start selling BTC “aggressively” once realized profits reach a key milestone, analysis says. In one of its Quicktake blog posts on Dec. 13, onchain analytics platform CryptoQuant told readers to watch the portion…
Early Bitcoin Investor Sentenced to Prison for Tax Evasion on $3.7 Million BTC Sale
This marks the first criminal tax evasion prosecution centered solely on bitcoin. An Austin, Texas man, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported the capital gains from selling $3.7 million worth of bitcoin, the United States Department of Justice (DOJ) announced today. According to the…
Prediction: This Artificial Intelligence (AI) Chip Stock Is Going to Skyrocket After Dec. 12
There is no doubt that Nvidia (NASDAQ: NVDA) is the dominant player in the market for artificial intelligence (AI) chips, as its graphics processing units (GPUs) have played a central role in training popular AI models such as ChatGPT and Llama. The company’s terrific technological lead in the AI GPU space has given it a wide moat, and its rivals remain way…
ETH retests $4k as Intel Markets at $0.064 becomes a new investor favorite over SOL
Ethereum and Solana target new ATHs; Intel Markets’ 45x growth prospects and AI-DeFi narrative make it a solid crypto investment this winter. Table of Contents This cycle’s bull run might be one of the most explosive in recent years. Bitcoin (BTC) has already crossed $100,000, a new ATH, with altcoins gearing up for a breakout…
This new crypto presale just raised $3M and experts say it could 10x in 2024
BEST Wallet token draws $3M+ in presale as its next-gen web3 wallet rivals MetaMask and Trust Wallet, fueling investor excitement. Table of Contents Best Wallet token (BEST) is attracting significant capital inflows amidst its presale, which has just cleared the $3 million total raised milestone. The project is building a next-generation web3 wallet equipped with a…
Best Blockchain Innovations: 8 Coins Leading the Industry in 2024
The blockchain world isn’t just about Bitcoin anymore. Sure, the OG crypto is still making headlines, but 2024 has shown us how far blockchain tech has come. From transforming how businesses operate to redefining industries like gaming, finance, and logistics, cryptocurrencies aren’t just digital cash—they’re the building blocks of a new era. If you’re scouting…
Chinese blockchain company SOS plans $50M Bitcoin purchase
SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Key Takeaways SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS stock. Bitcoin had approached $100,000 last week, but a drop of…
