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Nvidia faces scrutiny from prominent short sellers Jim Chanos and Michael Burry over alleged vendor financing practices that could inflate its revenue. The company denies these claims, stating its sales are straightforward with payments received within 53 days. This controversy highlights risks in the AI chip market amid rapid data center expansions. Nvidia issued a […]
XRP is approaching a supply shock as exchange balances have declined by 34.18% over the last two months, from 3.95 billion to 2.6 billion tokens, driven by aggressive accumulation from whales and institutional investors through recent spot ETFs, reducing available liquidity and signaling rising demand. XRP exchange depositing transactions have fallen sharply from 19.4k in […]
Vitalik Buterin has warned the Zcash community against adopting token-weighted governance, highlighting risks to long-term privacy and network stability. This shift could concentrate power among token holders, eroding protections in a privacy-focused protocol like Zcash, where independent decision-making has been key to success. Vitalik Buterin’s Zcash governance warning emphasizes token voting’s vulnerability to short-term incentives. […]
BlackRock’s Bitcoin ETFs, including the flagship IBIT, now generate more revenue than any other product in the firm’s portfolio, surpassing its extensive lineup of over 1,400 ETFs worldwide. This milestone reflects surging institutional demand and record inflows, positioning Bitcoin investments at the forefront of BlackRock’s financial strategy. BlackRock Bitcoin ETFs top revenue charts: The firm’s […]
Binance’s analysis claimed illicit trading volume on major crypto exchanges, including itself, is only 0.018% to 0.023%, but Chainalysis disputes this, stating the figures exclude key categories like ransomware and hacks, and ignore indirect fund flows through personal wallets. Binance used Chainalysis and TRM Labs data to highlight low criminal exposure despite high trading volumes. […]
Bank of America’s latest buy and hold stock picks include Nvidia, Palantir, and Robinhood, highlighting their strong growth potential through year-end 2025 despite elevated market valuations. These selections emphasize AI innovation, expanding customer bases, and operational execution in key sectors. Nvidia leads as the top AI chip provider with robust demand and over 40% earnings […]
Ethereum’s recent 14% rally from $2,623 has hit resistance at $3,063, showing whale accumulation by large holders while smaller cohorts sell. Breaking this level could target $3,400, supported by intact weekly uptrends and ETF inflows. Ethereum rallied 14% since November 21 low at $2,623, facing key resistance at $3,063. Whale holders (10k-100k ETH) have accumulated […]
Bitcoin’s price has fallen 28% from its October all-time high of $126,000, now trading around $91,000, marking its worst monthly drop since June 2022. Key factors include massive ETF outflows, declining stablecoin issuance, and sales by long-term holders, amid anticipation for the December 9 FOMC meeting. ETF Outflows Surge: Over $3.5 billion exited Bitcoin ETFs […]
Hyderabad cybercrime police arrested two suspects in a crypto investment scam that defrauded a resident of Rs. 12.3 lakh. The fraudsters posed as investment advisors under fake firms like Flames Alliance, using manipulated platforms to lure victims with promises of high returns. Arrests in Navi Mumbai: Two men from Vash, Navi Mumbai, identified as Ravi […]