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…
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…
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 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…
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…
