Nvidia’s $57B Quarter, Bitcoin’s Rebound, And 3 Tokens Aligned With The Next ...
Nvidia’s fiscal Q3 numbers didn’t just beat expectations, they detonated them. Revenue came in at $57.01 billion, almost $2B above what Wall Street was pricing in, with a jaw-dropping $51.2 billion from data-center alone. AI spending isn’t easing off the accelerator; it’s compounding like a tech-market feedback loop on steroids. And yes, that matters for […]
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Both Bitcoin and Nvidia saw major growth in 2020, but Bitcoin’s market cap wins today. Amid a meteoric bull run in the cryptocurrency market, Bitcoin (BTC) is overtaking another major American company in terms of market capitalization.As Bitcoin price briefly crossed the $18,000 threshold on Nov. 18, Bitcoin’s market cap surged above $336 billion, outstripping the market cap of Nvidia — one of the world’s most well-known manufacturers of graphics cards.On Nov. 17, Nvidia’s shares closed at $330.7 billion, according to data from Macro Trends. The close follows a significant decline from a....
The minimal target of the upward trend has been reached. Bitcoin’s price is in rebound before a new push. What direction will Bitcoin choose? The upward trend didn’t follow through, but despite that, Bitcoin’s price has still reached its nearest target. The level of $418-19 was a peak of a bearish rebound within a larger scale trend. Movements like these are usually followed by a rebound towards the larger structure, which in our case has started at $403. The peak of that rebound is going to be around $410.5, where Bitcoin’s price may suddenly stop and pick a direction.
ApeCoin (APE), the ERC-20 token governing the ApeCoin Decentralized Autonomous Organization (DAO), showed notable growth in the first quarter (Q1) of 2024. Key metrics showed significant progress, driving APE’s market capitalization, token price, and trading volume quarter-over-quarter (QoQ), demonstrating consecutive quarters of growth. ApeCoin Regains Unicorn Status As noted in a recent report by Messari, APE’s rebound was particularly noteworthy compared to the broader cryptocurrency market, which grew 53% quarter over quarter, and Bitcoin’s market cap, which grew 63%....
Bitcoin is continuing its upward movement. The short-term upward structure can turn out to be a wave of a flat, which will be followed by a downward rebound. Is the downward rebound over? The minimal correction targets have been reached, so the movement is about to be decided. Bitcoin’s price has fortified inside a flat, at the level of $540, and an upward impulse followed. But Bitcoin’s price did not go beyond the weekly flat’s limits ($518-560). Hence, there is a probability of a continuation of that flat. If that is the case, Bitcoin’s price is likely to rebound around $560, and form a....
Leaked screenshots of the latest Nvidia GPU mining Ether at full power leaves gamers worried and miners rubbing their hands. Nvidia’s RTX 30 series of graphics cards have been subject to unending speculation, rumors and even ridicule since the firm first announced it would ship its latest GPU’s with a built-in Ether (ETH) mining limiter. A series of missteps saw the mining limiter on Nvidia’s RTX 3060 card first undone by crafty hackers and then completely removed by one of Nvidia’s own driver updates. The latest in a series of leaks now suggests Nvidia’s next major GPU release — the RTX....