Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker’s fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia’s longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has
In brief Bitcoin is up roughly 24% over the past week to near $79,000, its best run since 2023, while the altcoin market grew by less even during the sharpest leg of the rally. Bitcoin dominance, its share of the total crypto market, has climbed to around 61%, the opposite of what typically happens when
Bitcoin finally punched through 80,000 dollars. The daily candle on Bitstamp opened at 78,985 dollars, ran up to 81,255 dollars, and then handed most of that back, settling near 79,121 dollars for a gain of only 0.17 percent on the session. It was the first time Bitcoin traded above 80,000 since May, and the seven-day
EDX Markets integrates the yield-bearing digital security YLDS, issued by Figure, into its institutional cryptocurrency infrastructure, allowing customers to use it as collateral across the trading and clearing ecosystem. EDX’s offering is a part of an emerging trend rather than a unique concept. BlackRock USD Institutional Digital Liquidity Fund (“BUIDL”) has been accepted as collateral
Nasdaq-listed Empery Digital (EMPD) reported a reduction in its Bitcoin treasury, now holding 1,179 $BTC. The company also disclosed approximately $62 million in cash and $35 million in debt, while reaffirming its ongoing Bitcoin accumulation strategy and expanding investments in AI infrastructure and data centers. Balance sheet overview and strategic direction The latest figures indicate
Hivemind Digital Group, a digital asset investment firm, has secured $17 million in strategic investment to accelerate its tokenization initiatives. The round was led by M&G Investments, with participation from CPIC Investment Management Hong Kong, ZA Bank, and FalconX. The funding will support the development of infrastructure for tokenizing both traditional and digital assets on
Are you a retail investor wanting Anthropic exposure before Wall Street has a few indirect ways in, while the company stays private? Well, welcome! As Cryptopolitan recently reported, Anthropic ended July with annualized revenue above $65 billion, which is ahead of expectations. The Claude creator filed an early S-1 in June, according to CNBC, and
Nvidia, one of the biggest semiconductor chipmakers and a key player in the AI boom, is set to release its Q2 earnings on August 26. Wall Street expects around $92 billion in quarterly revenue and adjusted earnings of about $2.09 per share. Now, the big question is, will a strong Nvidia earnings report spark a
Bitcoin climbed back above $81,000 on Tuesday after suffering a sharp rejection around the $80,000 level a day earlier, putting the key psychological threshold back in focus as bulls attempt to extend the recovery. The $80,000 mark has emerged as a major test for Bitcoin. On Monday, $BTC made two attempts to break through the