Nvidia cites limited visibility into crypto mining’s impact on Q2 results
[ad_1] Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday. The chip giant released its financial results for the three months ended Jul. 31y, which revealed a...
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Ethereum Addresses with Non-Zero Balance Hit All-Time High
[ad_1] With a price dip of over 12%, Ethereum has remained the worst-performing digital currency among the top 10 in the last seven days. However, Glassnode’s recent data indicates that the total number of ETH addresses with non-zero balances reached 85.367 million on Wednesday, which is the highest level...
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Ethereum Remains Vulnerable To Print New Low Below $1,500
[ad_1] Ethereum is struggling to clear the $1,650 resistance against the US Dollar. ETH remains at a risk of more downsides below the $1,500 support. Ethereum attempted to clear the $1,650 resistance but failed. The price is now trading below $1,630 and the 100 hourly simple moving average. There...
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PayPal joins the TRUST Travel Rule Solution | by Coinbase | Aug, 2022
[ad_1] Coinbase is pleased to share the addition of PayPal to the Travel Rule Universal Solution Technology (TRUST) network. TRUST is a global, industry-driven solution designed to increase compliance with a requirement known as the Travel Rule while prioritizing the security and privacy of customers. PayPal has been a...
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Crypto Liquidations Surge, Ethereum Loses $1,550 Price Level
[ad_1] After a strong recovery during the first half of August, crypto assets like Bitcoin and Ethereum witnessed a substantial price correction during the last week. Bitcoin lost more than 12% of its value and dipped below $21,000 on Monday. Take Advantage of the Biggest Financial Event in London....
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Supercute World is the Next NFT Brand Aiming to Become the Next Disney
[ad_1] Many understand the power of NFTs and content creation. Many more continue to herald the technology as it helps creators connect directly with fans by tokenizing artistic and other creative work. NFTs are viewed as an important tool towards democratizing creative endeavors, since more people can get involved...
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Here’s 5 cryptocurrencies with bullish setups that are on the verge of a breakout
[ad_1] The S&P 500 ended its four-week-long recovery last week after minutes from the Federal Reserve’s July meeting hinted that the central bank’s rate hikes will continue until inflation is under control. Members of the Fed said there was no evidence that inflation pressures appear be easing. Another dampener...
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Binance.US Obtains Money Transmitter License in Nevada
[ad_1] Recently, Binance.US announced that the company has received its Money Transmitter License in Nevada. In 2022, the crypto firm obtained a Money Transmitter License across seven jurisdictions. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech,...
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CZ calls out ‘bad players’ for crypto exchange jitters
[ad_1] The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous phenomenon of trade jitters on other crypto exchanges. Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in...
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149,961 Bitcoin Addresses Hold at Least 10 BTC
[ad_1] Despite the latest correction in the crypto market, the total number of Bitcoin whales has increased substantially in the last few months. On 18 August, the number of BTC addresses with at least 10 coins touched 149,961, which is the highest level since February 2021. Take Advantage of...
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