The AI and semiconductor giant announced its second-quarter earnings on Aug. 28 with a net income increase to $16.6 billion. The tech giant reported revenue of $30 billion, up 122% year-over-year and 15% quarter-over-quarter. The bullish revenue report could boost the burgeoning artificial intelligence sector and have a knock-on effect on crypto assets, but that […]
Donald Trump has announced a new batch of NFT trading cards, continuing his bid to win crypto votes in the upcoming November elections. The Republican U.S. presidential nominee took to his Truth Social account to unveil the non-fungible token while posting a promotional video of himself saying people call him the “crypto president.” NFT Trading […]
Bitcoin prices have crashed again with a huge four-thousand-dollar dump from just over $62,000 to bottom out at $58,000 during late trading on Tuesday, Aug. 27. According to Coinglass, 87,920 traders have been wrecked, with the total liquidations coming in at $320 million over the past 24 hours. BTC has since recovered marginally to trade […]
The Russian government will soon start trials on cryptocurrency exchanges and digital token usage for cross-border transactions. According to a Bloomberg report, they are scheduled to begin on September 1 and are aimed at alleviating payment difficulties for local companies dealing with international sanctions. Crypto Trials The tests will focus on swapping between rubles and […]
Bitcoin’s price movements took a massive turn for the worse in the past 24 hours as the asset plummeted to a 9-day low of just over $58,000. The altcoins have bled out heavily as well, with notable declines from the likes of ETH, SOL, DOGE, LINK, AVAX, SHIB, and others. The total value of liquidations […]
The bankrupt cryptocurrency lender Celsius Network has released its first status report on creditor distributions, revealing that affected parties have received over $2.53 billion in liquid crypto and cash. According to a filing with the United States Bankruptcy Court for the Southern District of New York, the $2.53 billion in crypto and cash was distributed […]
TL;DR Ripple whales have been quite active lately, purchasing XRP worth millions of dollars in a matter of a single day. One analyst thinks the asset could be on the verge of a rally due to the emergence of a historic price pattern signal. Turning the Accumulation Mode on The popular X user Ali Martinez […]
On Aug. 27, on-chain analytics provider Santiment reported that Bitcoin’s recent “mild” price drop was enough to cause a larger decline in total open interest on exchanges. However, OI for Ethereum and Solana has barely declined, it added. Open interest is a measure of the number or value of crypto derivatives contracts that have yet […]
TL;DR TRX has surged over 30% in the past two weeks, now trading near $0.17, and has entered the top 10 cryptocurrencies by market cap, surpassing $14.5 billion. Currently, all of the asset’s holders are sitting on some paper profits. TRX’s Solid Performance TRX – the native token of Tron – has been among the […]
After Telegram CEO and founder Pavel Durov was arrested by French authorities over the weekend, more details have emerged that shed light on the reason for his apprehension. On July 8, a judicial investigation was opened against “a person unnamed” on charges related to complicity with various offenses committed using Durov’s messaging app, including money […]