Nvidia CEO Jensen Huang says Nvidia’s $30 billion check to OpenAI could be the last one. He said OpenAI may go public near the end of the year. Speaking Wednesday at the Morgan Stanley Technology, Media & Telecom Conference, Jensen said Nvidia is not planning another big round. He also rejected the number floated in
As the Bitcoin network prepares to mine its 20 millionth coin this March, legendary cryptographer Nick Szabo is sounding the alarm this month. In his view, popular upgrades such as SegWit and Taproot have transformed a financial protocol that once carried a form of legal immunity, turning node operators into unwilling custodians of illegal content.
US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across the vast majority of issuers, as $BTC briefly surged past $73,000. Spot Bitcoin ($BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing weekly inflows to $1.1 billion, according to Farside data. The new gains
Bitcoin’s price experienced a breakout rise in the last 24 hours, fueled by renewed optimism from investors. The cryptocurrency traded at $72,521, holding above the critical $72,294 support level. While this uptick offers a glimmer of hope for short-term gains, the macro outlook remains a concern, leaving many cautious about Bitcoin’s next move. Bitcoin’s Past
Story Highlights Bitcoin price surged above $71K after clearing key resistance and triggering short liquidations, pushing the broader crypto market higher. Analysts say a breakout above the $76K–$77K resistance zone could trigger a short squeeze and potentially drive Bitcoin toward $80K. Bitcoin price today traded above $71,000 after moving past a short-term resistance level, triggering
US technology giants have signed a White House pledge to cover the power costs of their artificial intelligence data centers, which the Trump administration says will prevent consumers from paying higher utility bills. The non-binding “Ratepayer Protection Pledge” was signed by Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI on Wednesday, promising the companies would
Crypto-related stocks surged on Wednesday as recent pro-crypto commentary from the US president pushed Bitcoin and the broader crypto market higher. Alongside a rise in the cryptocurrency market, the Bitcoin ($BTC) treasury company Strategy spiked by more than 10%. Crypto exchange Coinbase registered a more than 14% gain, while miners Hut 8 clocked 13.89% and
Scotiabank, one of Canada’s top-five banks by assets, has launched a new cryptocurrency exchange-traded fund in partnership with digital asset manager 3iQ, highlighting growing institutional adoption in a market that approved spot Bitcoin ETFs years before the United States. Dynamic Funds, Scotiabank’s asset management arm, unveiled the Dynamic Active Multi-Crypto ETF on Wednesday. The liquid
IREN (IREN), a data center operator focused on AI cloud infrastructure, said it agreed to buy more than 50,000 specialized processing chips from Nvidia (NVDA), expanding its capacity by about 50%. The B300 GPUs, or graphic processing units, will take the Sydney-based company’s total AI compute fleet to about 150,000 GPUs. A GPU is a