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Market Analysis

Read more about the article Nvidia’s Ethereum Mining Chips Fall $134M Short of Q2 Earnings Projections

Nvidia’s Ethereum Mining Chips Fall $134M Short of Q2 Earnings Projections

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

Midway through last quarter, the U.S.'s largest computer chip maker, Nvidia, predicted that its cryptocurrency mining products would create $400 million in revenue.  Not quite.  The line of chips, known…

Continue ReadingNvidia’s Ethereum Mining Chips Fall $134M Short of Q2 Earnings Projections
Read more about the article Robinhood Says 60% of Customers Traded Crypto in Q2, Pulls in $233 Million of Crypto Revenue

Robinhood Says 60% of Customers Traded Crypto in Q2, Pulls in $233 Million of Crypto Revenue

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

Robinhood cited a large growth in the popularity of cryptocurrency on its platform, reporting today that more new users bought crypto with their first trade rather than stocks in the…

Continue ReadingRobinhood Says 60% of Customers Traded Crypto in Q2, Pulls in $233 Million of Crypto Revenue
Read more about the article Facebook’s Crypto Wallet Is Ready for the Market, But Is the Market Ready for Novi?

Facebook’s Crypto Wallet Is Ready for the Market, But Is the Market Ready for Novi?

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

Facebook Diem co-creator David Marcus announced today that Novi, Facebook's long-gestating cryptocurrency wallet, "is ready to come to market."  The pronouncement came at the end of a lengthy blog post,…

Continue ReadingFacebook’s Crypto Wallet Is Ready for the Market, But Is the Market Ready for Novi?
Read more about the article Twitter’s Jack Dorsey Is Now Mining Bitcoin. Here’s How

Twitter’s Jack Dorsey Is Now Mining Bitcoin. Here’s How

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

Jack Dorsey, CEO of both Twitter and Square, has rapidly climbed the ranks of best-known Bitcoin maximalists in recent years, backing big Bitcoin-centric projects, espousing his love for the original…

Continue ReadingTwitter’s Jack Dorsey Is Now Mining Bitcoin. Here’s How
Read more about the article Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism

Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism…

Continue ReadingDex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
Read more about the article Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets

Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part…

Continue ReadingPutin Orders Russian Government to Prepare to Check Officials With Crypto Assets
Read more about the article Derivatives Exchange Bitget Opens Global Ambassador Program to Crypto Lovers

Derivatives Exchange Bitget Opens Global Ambassador Program to Crypto Lovers

  • Post author:Auto News Feed
  • Post published:August 19, 2021
  • Post category:Market News

PRESS RELEASE. Top6 Derivatives Exchange Bitget has launched a Global Ambassador Program in its latest announcement. Any crypto enthusiasts, professional traders, crypto community leaders and KOLs can apply to become…

Continue ReadingDerivatives Exchange Bitget Opens Global Ambassador Program to Crypto Lovers
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