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skolnes

skolnes

  • Cryptocurrency News

    Billionaires Are Buying These 2 Top Artificial Intelligence (AI) Stocks Hand Over Fist

    by skolnes September 10, 2024
    September 10, 2024

    Investing in fundamentally strong growth companies with sustainable competitive advantages can be a smart long-term strategy for astute investors. With artificial intelligence (AI) emerging as a major investment trend, it …

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  • Bitcoin News

    BBVA Enhances Institutional Crypto Solutions With USDC Integration

    by skolnes September 10, 2024
    September 10, 2024

    BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The …

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  • Cryptocurrency News

    Nvidia Stock Investors Just Got a Grim Warning From Apple and Amazon

    by skolnes September 10, 2024
    September 10, 2024

    Semiconductor company Nvidia (NASDAQ: NVDA) dominates the market for artificial intelligence (AI) chips. In fact, analysts estimate its graphics processing units account for up to 95% of AI chip sales. …

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  • Ethereum

    Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

    by skolnes September 10, 2024
    September 10, 2024

    On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data …

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  • Altcoin

    Hedge Fund Veteran Says Crypto Facing ‘Quiet Quitting’ Crisis, Unveils Catalyst That Could Spark Altcoin Revival

    by skolnes September 10, 2024
    September 10, 2024

    The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to …

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  • Ethereum

    Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

    by skolnes September 10, 2024
    September 10, 2024

    Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting …

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  • Bitcoin News

    Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud

    by skolnes September 10, 2024
    September 10, 2024

    The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving …

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  • Cryptocurrency News

    TSMC’s August Revenue Climbs 33% as AI Chip Demand Holds Up

    by skolnes September 10, 2024
    September 10, 2024

    (Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s revenue rose 33% last month, in a positive signal to investors betting on a smartphone market recovery and sustained demand for Nvidia Corp.’s AI …

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  • Cryptocurrency News

    European Futures Steady as Traders Await US CPI: Markets Wrap

    by skolnes September 10, 2024
    September 10, 2024

    (Bloomberg) — European futures were steady with the dollar holding onto its gains, as traders awaited US inflation data due this week for clues on the size of the Federal …

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  • Bitcoin News

    Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline

    by skolnes September 10, 2024
    September 10, 2024

    The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to …

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