Nvidia, a leading software company, has become the world’s most valuable company, surpassing tech giant Apple. Its stock price surged by 2.5% on Tuesday, pushing its market value to a whopping $3.44 trillion. AI Fuels Nvidia’s Success Nvidia’s incredible growth can be attributed to its investment in chips that power artificial intelligence (AI) technology. The…
Ethereum is on the move! After a big jump following Donald Trump’s election win, it’s now aiming for a key resistance level at $2,750. Breaking through this barrier could be a game-changer for Ethereum, potentially pushing it towards a new high of $3,400. Why $2,750 Matters This resistance level has been holding Ethereum back since…
A popular crypto trader, known as The Flow Horse, thinks Bitcoin is about to face its biggest test yet. He believes whether Bitcoin can break through the $80,000 mark will determine if the current bull market continues. $80,000: The Make-or-Break Point The Flow Horse says that if Bitcoin hits $80,000 and then drops back down,…
The Solana blockchain saw a massive surge in transfer volume recently, with a whopping $224 billion worth of transactions occurring in a single day. That’s nearly three times the total market cap of SOL, which is currently around $78 billion. A Bot’s Big Day Crypto analytics firm Glassnode says the spike was caused by a…
Cathie Wood, the CEO of ARK Invest, thinks a Donald Trump victory in the upcoming election could be a big boost for several tech sectors, especially blockchain. Deregulation and Innovation Wood believes that Trump’s policies, including deregulation and lower government spending, could create a perfect environment for innovation. She specifically highlights five major technology platforms:…
Trump’s Win Sends Bitcoin Soaring After Donald Trump won the 2024 US presidential election, Bitcoin went on a wild ride. The price skyrocketed to a new all-time high of $75,407, fueled by excitement over Trump’s pro-crypto promises. He’s pledged to make Bitcoin a national treasure, fire the head of the SEC (the agency that regulates…
Bitcoin just broke its own record, hitting a whopping $75,000! Analysts are buzzing about what this means for the future of the cryptocurrency. The Big Picture: A Parabolic Rally? Crypto analyst Tony Severino is predicting a “fireworks” show for Bitcoin, with a potential surge to $140,000 by 2025. He’s seeing some key indicators pointing to…
Meme coins Dogecoin and Shiba Inu have been on a tear lately, with both seeing double-digit gains in the past 24 hours. Dogecoin jumped 25%, while Shiba Inu climbed 10%. What’s driving this sudden surge? Let’s dive in. Trump’s Win: A Boost for Crypto? The recent US election results have played a big role in…
Big names in crypto are teaming up to create a new stablecoin network called the Global Dollar Network. The goal? To make stablecoins more widely used in everyday transactions. Who’s Involved? The network is a collaboration between some of the biggest players in the crypto world, including: Robinhood Kraken Galaxy Digital Anchorage Digital Bullish Nuvei…
Bitcoin’s difficulty just reached a new record high. This means that it’s getting harder for miners to add new blocks to the blockchain. What’s the deal with difficulty? Bitcoin’s difficulty is a measure of how hard it is for miners to solve complex mathematical problems to verify transactions and add new blocks to the blockchain….
