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As PEPE heads south amid a falling wedge pattern, smart money investors are shifting attention to new alternatives.
Share link:In this post: Nvidia’s earnings reports now rivals key economic factors like US job reports and inflation figures. The company’s stock has surged 160% this year, making it a major driver of gains in the S&P 500. Bitcoin and other cryptocurrencies took a hit as traders reacted to uncertainty around Nvidia’s upcoming earnings.
Here are the top 5 crypto social narratives in the last seven days.
The company’s CEO said the team was ‘shocked’ by the SEC’s actions.
Long-term Bitcoin holders now possess over $10 billion worth of the asset.
Share link:In this post: Nvidia’s Q2 earnings hit $30 billion, and their success seems to have given Bitcoin a boost, with prices jumping after the report. Strong demand for Nvidia’s AI tech and data center products could mean more demand for crypto mining equipment.
Share link:In this post: Android devices are expected to increase by 7.1% in 2024, while iOS devices are only expected to increase by 0.8%. GenAI smartphones will account for 18% of the market, with 344% growth expected at premium pricing. Apple is setting the stage for the release of new iPhones with AI-integrated features.
- 04:26Overview of Important Midday Developments on May 47:00-12:00 Keywords: South Korea, Trump, 1. South Korea Election Preview: 16 Million Virtual Asset Investors Become Key Votes; 2. South Korea to Lift Restrictions on Non-Profit Corporations and Exchanges Selling Virtual Assets from June; 3. Arthur Hayes: U.S. Debt Pressure and Image Issues May Hinder U.S. from Increasing Bitcoin Holdings; 4. Trump's Crypto-Friendly Stance is Attracting Global Companies to the U.S. Market; 5. Analysis: Buffett's Retirement May Drive Berkshire Hathaway to Gradually Embrace BTC; 6. Galaxy Digital Research Director: 9 Senate Democrats Oppose the Current Version of the GENIUS Act.
- 04:25RootData: BMT to Unlock Tokens Worth Approximately $3.93 Million in One WeekAccording to ChainCatcher, based on token unlocking data from the Web3 asset data platform RootData, Bubblemaps (BMT) will unlock approximately 25.87 million tokens, valued at around 3.93 million USD, on May 11 at 11:00 AM (GMT+8).
- 04:24Bitfarms: Bitcoin Treasury Holdings Decrease to 1,005 in April, No Plans to Purchase Large BTC Miners This Year or NextAccording to a report by Jinse Finance, the Nasdaq-listed Bitcoin mining company Bitfarms released its April production and operations update, revealing that there are no plans to purchase large Bitcoin mining machines in 2025 or 2026. Instead, they will use previously acquired machines to achieve this year's growth targets, prioritizing the development of high-performance computing (HPC) business and expanding their energy infrastructure over pursuing new hardware. Additionally, Bitfarms disclosed that April's mining output was 268 BTC (an average daily mining output of 8.9 BTC), with Bitcoin treasury holdings reduced to 1,005 BTC, down from last month's 1,140 BTC, equivalent to approximately $94 million based on the Bitcoin price as of April 30.