Nvidia’s Crypto Mining Revenue Disclosure Under Scrutiny

The US Supreme Court will review a case involving Nvidia’s crypto mining revenue, potentially shaping shareholder lawsuits. Nvidia’s Alleged Misleading Statements Shareholders claim that Nvidia’s CEO, Jensen Huang, concealed the significant role of crypto mining in the company’s revenue growth in 2017-2018. They argue that Nvidia downplayed the dependence on mining sales, exposing the company…

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Memecoin Traders Surrender as Crypto Market Slumps

Memecoin Sell-Offs As the cryptocurrency market experiences a downturn, blockchain tracking firm Lookonchain has observed significant sell-offs by memecoin traders. One trader with a substantial position in Pepe (PEPE) liquidated their holdings for 366.5 ETH ($1.27 million) after holding for only a month. Despite initially seeing a profit of $670,000, the trader held on until…

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Crypto as a Lifeline for the US Debt Crisis

Former Speaker of the House Paul Ryan proposes a bold solution to the looming national debt crisis: integrating cryptocurrencies, specifically dollar-backed stablecoins, into the US economy. Stablecoins: A Solution to the Debt Auction Crisis Ryan argues that stablecoins could prevent a catastrophic failure in the next debt auction, which could damage the US’s global credibility…

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Robert Kiyosaki: Bitcoin – The Easiest Path to Millionaire Status

Bitcoin vs. Altcoins Renowned finance author Robert Kiyosaki, known for his bestseller “Rich Dad Poor Dad,” has declared Bitcoin the simplest route to millionaire status. The “Easiest Way” to Become a Millionaire Kiyosaki believes that becoming a millionaire through entrepreneurship requires “intelligence, dedication, and luck.” In contrast, he prefers investing in Bitcoin because it “does…

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