Short-seller called Nvidia top by not trusting Jensen Huang
Culper Research shorted Nvidia after predicting the $5 trillion AI giant might be re-routing Chinese demand for AI chips through…
Author: US_admin_Finance
BlackRock buys up this crypto amid its Bitcoin sell-off
As BlackRock Inc. (NYSE: BLK) cryptocurrency portfolio increased by over $3.7 billion since early July to date, on-chain data suggests…
BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification
BNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug.…
Bernstein Keeps $140 Target on Circle After Q2 Earnings Beat Estimates
Circle received renewed support from Bernstein after reporting second-quarter results that exceeded profit expectations despite softer revenue. The research firm…
DePIN Project Vangrid Secures $9M in Seed Funding to Build 3D Data Network
Vangrid, a decentralized physical infrastructure network (DePIN) project, has raised $9 million in seed funding, as reported by The Block.…
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4…
Iran & Oman Set to Issue Joint Statement on Temporary Hormuz Transit Corridor, Oil Price Relief?
Iran and Oman have agreed on geographic coordinates for a temporary shipping corridor through the Strait of Hormuz, with a…
CFTC chief backs innovation in $1.2 quadrillion derivatives market
CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a…
Strategy’s Saylor Claims ChatGPT Fueled $15B Financial Breakthrough
Speaking with Steven Bartlett on The Diary of a CEO podcast, the Strategy executive chairman described AI as a tool…