Nvidia Predicts Promising Future for Agentic AI Following Record-Breaking Q3 Revenue
Nvidia CEO Jensen Huang underscored the company’s commitment to leading the development of autonomous, or agentic, artificial intelligence as it reported record-breaking earnings for the third quarter. “The era of AI is fully underway, driving a global transition to Nvidia computing,” Huang stated on Nov. 20. Nvidia revealed that its Q3 revenue surged by 17% […]
MicroStrategy Shares Skyrocket 94% YTD Amid Bitcoin’s Surge Toward $100K
MicroStrategy, the leading corporate holder of Bitcoin, has experienced a stunning 94% surge in its stock year-to-date (YTD), driven by Bitcoin’s ascent toward the $100K milestone. The company holds an impressive 331,200 Bitcoin, valued at approximately $32 billion, resulting in $15.51 billion in unrealized gains, according to Dropstab data. Performance beyond crypto As Bitcoin’s price […]
Trump Considers Establishing First-Ever White House Crypto Post
President-elect Donald Trump is reportedly exploring the creation of a dedicated White House position to oversee cryptocurrency policy, according to a Bloomberg report published on Nov. 20. Discussions are said to be underway with industry leaders to evaluate the necessity of such a role, and potential candidates are being vetted, with meetings reportedly taking place […]
Solana ETF Application Filed by Bitwise in Delaware
Digital asset management firm Bitwise has taken a significant step toward launching a spot Solana exchange-traded fund (ETF) by registering a statutory trust in Delaware. This move hints that an S-1 registration filing with the United States Securities and Exchange Commission (SEC) may follow soon. The trust, known as the Bitwise Solana ETF, was officially […]
Cardano Founder and Former Ripple Exec Jed McCaleb Hold Talks: Collaboration Ahead?
Cardano founder Charles Hoskinson recently shared details about a significant meeting with Jed McCaleb, co-founder of Ripple and the creator of Stellar. This revelation has fueled speculation about a potential collaboration between two key players in the blockchain space. Hoskinson took to X (formerly Twitter) to share the news, describing his interaction with McCaleb as […]
VanEck Supports Donald Trump’s Vision for a Strategic Bitcoin Reserve
Digital asset management leader VanEck has thrown its weight behind President-Elect Donald Trump’s initiative to establish a national Bitcoin reserve. Matthew Sigel, the head of digital asset research at VanEck, shared the company’s support for a strategic Bitcoin stockpile in an official statement. His endorsement follows a report by FOX Business’ Eleanor Terrett, who revealed […]
Michael Saylor to Propose Bitcoin Investment Strategy to Microsoft Board
Bitcoin advocate and MicroStrategy Chairman Michael Saylor has revealed that he has agreed to deliver a three-minute presentation to Microsoft’s board of directors about the potential for investing in Bitcoin. Saylor shared the news in a Nov. 19 X Spaces event hosted by VanEck, explaining that the activist who proposed the idea had approached him, […]
Rumble Stock Jumps 9% as Founder Mulls Scooping Up Bitcoin
Rumble, the video platform often associated with conservative and far-right audiences, is exploring the idea of adding Bitcoin to its financial reserves. The company’s stock (RUM) saw a jump of up to 9%, reaching $6.20 during after-hours trading on Nov. 19. This spike came after founder and CEO Chris Pavlovski raised a question on the […]
BlackRock Bitcoin ETF Options Hit Record $1.9B Trading Volume on Debut
Options contracts for BlackRock’s iShares Bitcoin Trust ETF (IBIT), a spot Bitcoin exchange-traded fund, experienced a groundbreaking debut with nearly $2 billion in trading volume. This impressive activity coincided with Bitcoin reaching a new all-time high of over $94,000. James Seyffart, a Bloomberg ETF analyst, shared the figures on Nov. 20, highlighting that 354,000 contracts […]
Binance Explains BFUSD Isn’t a Stablecoin Amid Terra-Like Concerns
Binance has addressed concerns swirling around its upcoming “BFUSD” token, emphasizing that it is not a stablecoin nor has it been officially launched. The confusion arose after a Nov. 17 post by crypto news aggregator Zoomerfied on X (formerly Twitter). The post claimed Binance was introducing a stablecoin with an annual yield of 19.55%, sparking […]