Markets

During the first quarter, Nvidia’s graphics sector brought in a $3.45 billion revenue representing an 81% rise while crypto miners’ demand brought in $155 million.Nvidia Corporation (NASDAQ: NVDA) stock had risen to $630.06 (0.52%) during Thursday’s pre-market session and was 0.16% down at the time of writing. The tech company has shown a steady increase in performance with records of 7.44%, 2.45%, 17.98%, and 20.26% in 5 days, 1 month, 3 months, and YTD respectively according to metrics...

Beyond its SPAC merger, Acorns will have to navigate the terrain to gain a good market stance amidst stifling competition.Fintech startup Acorns Grow Inc is planning to make its public debut through a merger deal with a publicly-traded Special Purpose Acquisition Company (SPAC), Pioneer Merger Corp (NASDAQ: PACX). According to a report by CNBC, the deal values Acorns which runs a savings and investment product at $2.2 billion, with the deal expected to close sometime later in the second half...

Esports crypto betting has become a trend in recent times as the accessibility of the gaming type has continually improved. Nowadays, both small vendors and many reliable Esports bookies are largely used by cryptocurrency, thereby enlarging betting markets in Esports. You can read more on CryptoBetting to find out the best crypto betting sites for Esports. What is Esports? As the name states, E-sports means electronic sports, this involves multiplayer video games which...

CoinList announced the Spring 2021 batch of CoinList Seed projects to empower blockchain startups as its market continues to grow despite the recent market struggles.CoinList, a trusted service platform for new crypto offerings, has introduced the CoinList Seed Spring 2021 Batch. CoinList since its debut has been providing products and services to crypto startups making a name for themselves in the crypto industry. CoinList has led public token sales for some of the emerging blockchains...

The substantial growth of the cryptocurrency sector in the past year has caught the eye of central bankers. The latest to opine on the matter and, somewhat expectedly, to dismiss the industry’s chances of actually disrupting the centuries-old financial space was the governor of Denmark’s central bank. Crypto Is Speculative Fad During a recent interview with Bloomberg, Lars Rohde, the governor of Danmarks Nationalbank, took a few stabs at the cryptocurrency sector. Despite...

[Sponsored Content] It goes without saying that the cryptocurrency market has been particularly volatile throughout the past few weeks. It all started when Elon Musk revealed that Tesla will no longer be accepting bitcoin for its products while bashing the primary cryptocurrency for its inefficient mining process. In all fairness, all of this was rather expected, and many cryptocurrency proponents were left baffling as to how Musk and Tesla failed to see this earlier. Then...

EOS declined heavily below $10.00 and $8.00 support levels against the US Dollar. The price is currently trading near the $6.50 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $6.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $6.50 and $7.00 to start a strong increase in the near term. EOS price is correcting losses from $4.00 against the US Dollar, similar to...

Litecoin price remains in a bearish zone below $220 and $200 against the US Dollar. LTC price is now trading below the $200 level and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $210 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate lower as long as it is below $200 and $220. Litecoin price is struggling to clear the $200 barrier against the US Dollar,...

Billionaire Ray Dalio has admitted that he owns bitcoin, though how much he can presently say is in his private stash remains undisclosed. Nevertheless, it is always positive to see that the big money hounds of the world are beginning to take bitcoin and cryptocurrency seriously, and thus we can likely expect to see the asset reach mainstream status in the coming months. Ray Dalio Warns Crypto Lovers of Government Regulation As a founder of one of the largest hedge funds...

ASA further wanted Luno to disclose that the results of investing in Bitcoin could be variable.Watchdogs that regulate the market have cracked the whip on Luno, a crypto exchange based in the UK, the regulators advised the platform to amend its advertising campaign that primarily focused on Bitcoin. ASA, the crypto regulators, insisted that the “it was time to buy” remarks were misleading and also irresponsible.Posters advertising the crypto exchange had a Bitcoin animation and writings...