Nvidia shares rise after earnings top estimates, guides to $108 billion in revenue next quarter
The tech bellwether reported fiscal second-quarter results after the bell on Wednesday. Source link
Bitcoin
Crypto
US Treasury broadens sanctions powers to target Iran’s crypto sector
The US Treasury Department significantly expanded its ability to crack down on Iran’s digital asset activity on August 24, giving the Office of Foreign Assets Control new authority to go after foreign companies and individuals who support the country’s crypto industry. Treasury Secretary Scott Bessent described the broader package of measures, spanning digital assets alongside
Bitcoin
Forget The Trump Bump, Bitcoin Would Be Fine Under Democrats: VanEck
President Donald Trump may be the most crypto-friendly leader the U.S. has had so far — but what would happen to Bitcoin if the Democrats were to get back in power? Well, it wouldn’t necessarily be bad, according to asset manager VanEck’s Head of Digital Assets Research, Matthew Sigel. Speaking on CNBC Wednesday, the analyst
Crypto
Bitcoin whales move $40M after decade-long dormancy
Six long-dormant Bitcoin wallets have transferred 553.59 BTC worth $40.15 million after remaining inactive for periods ranging from nearly 12 years to more than 15 years. Summary Six wallets moved 553.59 BTC between Aug. 16 and Aug. 26. The holdings were worth $40.15 million when the transactions occurred. Two addresses carry labels linking them to
Bitcoin
Bernstein Sets $140 Circle Target Amid CLARITY Act
Bernstein maintains an Outperform rating and $140 target for Circle stock. USDC supply grew $1.7 billion, supporting Circle’s stablecoin growth outlook. Bernstein says Circle’s growth can continue regardless of the CLARITY Act outcome. Bernstein maintained its Outperform rating and $140 price target for Circle, despite uncertainty surrounding the CLARITY Act. The firm said rising USDC
Crypto
Crypto retirement plans face opposition from 53% of Americans
A new national survey has found that 53% of Americans oppose employers offering cryptocurrency in workplace retirement plans, while 77% consider such investments risky. Summary 77% of Americans view cryptocurrency in workplace retirement plans as risky. 53% oppose employers adding crypto to their retirement investment menus. 80% believe the United States faces a retirement crisis,
Bitcoin
Nineteen Of The Top-20 Altcoins Join Bitcoin’s Breakout
The ten-week range between $62,000 and $67,000 ended on 19 August. Bitcoin tested the range lows on 17 August and broke above the lower timeframe range high by 19 August, a gain of 11.7 percent across three sessions and the largest three-day advance recorded in BTC in more than a year to reach $70,089 at
Crypto
Stablecoin compliance could decide institutional winners: Aquanow CEO
Stablecoin compliance could determine which issuers win institutional adoption as new US accounting and regulatory rules raise standards for redemption, reserves and risk controls, according to Aquanow CEO Phil Sham. Summary FASB has proposed clarifying when certain digital assets may qualify as cash equivalents. Direct redemption rights could make the same stablecoin receive different accounting
Bitcoin
XRP Ripple Ledger Gets Busier Without Attracting New Users
XRP Ripple on-chain activity jumped sharply in August, while the token sits near $1.43, up +42% over the past seven days, according to CoinGecko data. Average daily active addresses on the XRP Ledger rose +35% month over month to roughly 35,700, up from about 26,400 in July, while new-address creation barely moved at all. This
Crypto
DeFi Development launches dashboard tracking Solana network data
DeFi Development Corp. has launched State of Solana, a public real-time research platform that tracks Solana market, network, staking, validator, yield and ecosystem data through a single dashboard. Summary DeFi Development has launched State of Solana to track market, network, staking, validator and yield data. The company held more than 2.29 million SOL and SOL