Nvidia Projects Strong Q1 Financial Results
Nvidia to report substantial revenue growth to $24.65 billion in the first quarter of fiscal year 2025, propelled by robust demand for AI chips. The global leader in Artificial Intelligence (AI) hardware and software, Nvidia (NASDAQ: NVDA), will release its fiscal first-quarter 2025 earnings report on Wednesday, May 22, 2024, after the market closes. Analysts anticipate […]
OKX Launches Local Regulated Entity in Australia
Crypto exchange OKX is moving its Australian-focused services under a locally regulated entity as part of its expansion efforts. As part of its Asian-Pacific expansion, the cryptocurrency exchange OKX transfers its Australian-centric services to a locally regulated entity. During a media engagement in Sydney on May 14, OKX president Hong Fang told reporters, “I think […]
Coinbase Suffers Major Outage on May 14
Coinbase has experienced a significant system-wide outage that has left its services inaccessible to both desktop and mobile users. Since its inception at 4:15 am UTC on May 14, the disruption has engendered extensive discontent among users endeavoring to gain entry to their accounts or perform transactions. Presently, patrons of the Coinbase website are met with an error […]
Biden Halts China-Linked Crypto Miner Near Wyoming Base
President Biden states that Chinese nationals “might take action that threatens to impair the national security of the United States,” President Joe Biden of the United States has issued an order prohibiting a cryptocurrency mining company with ties to China from further utilizing land in the vicinity of a Wyoming nuclear missile base. MineOne Cloud […]
Bitcoin Price Surges 2%, Sparks Crypto Market Recovery
Bitcoin Price Jumped 2% Within Hours, Sparking a Crypto Market Rebound for ETH, SOL, XRP, TON, DOGE, and SHIB. During US hours, the cryptocurrency market witnessed a surge in trading volume as the price of Bitcoin (BTC) surpassed a descending trendline. Has the cryptocurrency market recovered, or has it merely staged a false breakout? In […]