Crypto exchange Coinbase (NASDAQ:COIN) on Thursday announced the launch of Coinbase Wrapped BTC (cbBTC), a new ERC20 token backed 1:1 by Bitcoin (CRYPTO: BTC) held in Coinbase’s custody. What Happened: This move aims to expand Bitcoin’s utility within the decentralized…
Ross Stores, Inc. (NASDAQ:ROST) is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 22. Analysts expect the Dublin, California-based company to report quarterly earnings at $1.5 per share, up from $1.32 per…
Advanced Micro Devices Inc. (NASDAQ:AMD) announced on Monday its $4.9 billion acquisition of ZT Systems, highlighting the company’s aggressive expansion into the AI and data center markets, according to Goldman Sachs analyst Toshiya Hari. The acquisition, expected to close in…
Investment bank Jefferies termed the recent Bitcoin (CRYPTO: BTC) Conference, where former President Donald Trump pledged to “fire Gary Gensler,” a turning point in the industry’s relationship with Washington. What Happened: “His overtures to the industry to install crypto-friendly regulators…
Cryptocurrency market tumbled on Thursday morning as Bitcoin (CRYPTO: BTC) fell over 3% in early Asian trading, triggering a wave of liquidations worth over $250 million. What Happened: Ethereum (CRYPTO: ETH) also took a heavy hit, falling by 7.5%, exacerbated…
Dogecoin (CRYPTO: DOGE) is enjoying more positive price predictions from traders backed by whale transactions. What Happened: Crypto Daily Trader Signals predicts a violent move for Dogecoin soon: The $DOGE retest is almost done ! Expect a violent move to…
Artificial intelligence chip stock Nvidia Corp (NASDAQ:NVDA) saw a continued rally in 2024 as the AI frenzy is in no mood to slow down. The stock surged 167% year-to-date. Tech investor James Anderson expects Nvidia to reach a market cap of $50…
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) saw its burn rate spike, with technical indicators signaling a support zone forming. What Happened: Shibburn data shows the burn rate spiking by 439.9%, as 6.20 million coins were burned in the past 24…
Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs. What Happened: At the time of writing, Bitcoin is trading around $61,300, flat over the…
Keith Gill, the internet personality known as “Roaring Kitty” or “Deep F***ing Value,” saw his potential billionaire status slip away as GameStop Corp. (NYSE:GME) shares plummeted 12% on Monday. Gill, a central figure in the 2021 meme stock frenzy and…