Bitcoin prices may see a boost from Nvidia’s massive valuation drop and a pipeline of Initial Public Offerings (IPOs) from prominent cryptocurrency firms, analysts suggest. Shares in chip maker Nvidia closed down nearly 17% on Jan.
A lot of rumours going around right now - with claims that Nvidia sold $175 million of graphics cards to miners which could in part explain the sample shortage. However, Leo takes a look at the story and shares his thoughts after doing some research.
The market is testing a new narrative for Nvidia. This will be a bull and bear ferocious fight. Here we take a look at some bearish factors for the stock, and catalysts for a short thesis.
Day traders spent last year shoving billions of dollars into leveraged Nvidia Corp. ETFs in a bid to amp up their gains on the hottest stock on the planet. Now those wagers are in peril. Most Read from BloombergWhat Happened to Hanging Out on the Street?
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
The launch of generative artificial intelligence DeepSeek became the main event of the week. It would seem that news about affordable and useful tech
DeepSeek Is a Reminder That History Has a Flawless Track Record When It Comes to Next-Big-Thing Technologies
Bitcoin surges past $103K after a market dip triggered by DeepSeek’s AI shock. Institutional accumulation grows, with BTC targeting $150K.
In recent months, XRP has delivered gains that trounced all of the best-known cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
NVIDIA is once again readying a special version of its flagship consumer graphics card for the Chinese market, which be called the GeForce RTX 5090D.
XRP (CRYPTO: XRP), the third-most-valuable cryptocurrency in the world, has taken the sector by storm since Donald Trump won the U.S. presidential election. The price of XRP is up more than 530% since election night.