Bitcoin prices may see a boost from Nvidia’s massive valuation drop and a pipeline of Initial Public Offerings (IPOs) from prominent cryptocurrency firms, analysts suggest. Shares in chip maker Nvidia closed down nearly 17% on Jan.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Day traders spent last year shoving billions of dollars into leveraged Nvidia Corp. ETFs in a bid to amp up their gains on the hottest stock on the planet. Now those wagers are in peril.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
It took less than two years for Nvidia to add more than $3 trillion in market value and become Wall Street's most-valuable publicly traded company. However, the arrival of DeepSeek reminds investors that next-big-thing technologies have an ominous early stage track record.
Bitcoin might have a shot at outperforming Nvidia over the long run. Yet it also wasn't surprising to see some of those big investors reduce their exposure to the chipmaker after its 2,100% run over the past five years.
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
In recent months, XRP has delivered gains that trounced all of the best-known cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Bitcoin surges past $103K after a market dip triggered by DeepSeek’s AI shock. Institutional accumulation grows, with BTC targeting $150K.
Stocks of companies closely tied with Bitcoin gives investors exposure to gains of the cryptocurrency. Nvidia, Robinhood Markets, Shopify, Interactive Brokers and Coinbase all stand to gain from a ...
NVIDIA is once again readying a special version of its flagship consumer graphics card for the Chinese market, which be called the GeForce RTX 5090D.
Bitcoin fell 7% on Monday alongside a general slide among tech stocks including Nvidia, as China’s new artificial intelligence model sent shock waves through Silicon Valley.