Weekend Crypto Roundup: Bitcoin’s Scarcity, Dogecoin’s Backlash, Tether’s Rating, Trump’s Crypto Ties, and Peter Schiff’s Warning

The past week has been a rollercoaster ride in the world of cryptocurrencies. By Bitcoins scarcity debate Dogecoins resistance level, the crypto market was buzzing with activity. Tethers The CEO slammed traditional rating agencies, while Trump’s crypto ties came under fire from Democrats in the House of Representatives. In the meantime, Peter Schiff warned about […]

Small Caps, Pharma Surge, as Nvidia, AMD Tumble – SPDR Select Sector Fund – Healthcare (ARCA:XLV)

The sector rotation on Wall Street went into full swing on Tuesday, with investors flocking to previously overlooked corners of the market amid an AI-driven shift that now favors undervalued small caps and defensive names like healthcare. • XLV stock is at critical resistance. View the market position here. The Russell 2000 rose 2% on […]

Dogecoin Surges Even as Musk-Driven DOGE Initiative Ends: Popular Analyst Sees ‘Buy Signal’ That Previously Sparked a 101% Recovery

Dogecoin (CRYPTO: DOGE) traded higher overnight on Sunday despite the Ministry of Government Efficiencythe once-hyped government austerity initiative Elon Muskbe dissolved. DOGE outperforms Bitcoin, Ethereum The popular memecoin is up more than 2% in the past 24 hours, with trading volume increasing 2.43% to $1.5 billion. DOGE even won Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO:ETH) And […]

Christine Lagarde was asked on Bitcoin Highs how much she thought it was worth, she stuck to ‘nothing’ – BTC has fallen 32% since then

President of the European Central Bank Christine Lagarde has been a critic of for some time Bitcoin (CRYPTO: BTC)and recently confirmed her skepticism despite the asset’s growth over the years. Lagarde reiterates that Bitcoin ‘isn’t worth anything’ Appearing on the College Leaders in Finance podcast on October 5, Lagarde was reminded of comments she made […]

Nvidia’s Earnings Lifeline: How Chipmaker’s Win Attracted Broader ‘Risk-On’ Assets Flowing Into AI Crossfire – NVIDIA (NASDAQ:NVDA)

Nvidia Corp.‘s (NASDAQ:NVDA) The blockbuster third-quarter numbers on November 19 were a rebuke to the growing chorus of AI bubble warnings, sparking a rapid risk-on rally that spread across asset classes. View the NVDA share price here. NVDA Earnings Defy AI Bubble Chorus This broad market reprieve defied the dire predictions of a group of […]

Elon Musk and Vitalik Buterin together could not convince Harry Potter author JK Rowling once about Bitcoin: ‘I don’t think I trust this’ – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided economic interest (ARCA:BTC)

JK Rowlingthe creator of the popular and critically acclaimed Harry Potter series of novels, once expressed genuine confusion about Bitcoin (CRYPTO: BTC)which invites a flood of explanations from prominent figures of the cryptocurrency world. Crypto Community explains BTC to Rowling On May 15, 2020, Rowling was tagged in a Bitcoin-related post on Twitter, now called […]

Shiba Inu Burn Rate Rises 67.557%: Has the Bull Regressed?

Shiba Inu (CRYPTO: SHIB) has dramatically accelerated the symbolic burn, fueling hopes of a restart of the bull run. Cryptocurrency Ticker Price Market capitalization 7-day trend Shiba Inu (CRYPTO: SHIB) $0.00001006 $5.9 billion +4.3% Dogecoin (CRYPTO: DOGE) $0.1821 $27.6 billion +4.3% Pepe (CRYPTO: PEPE) $0.056168 $2.59 billion +0.7% Trader notes: Javon Marks noted that Shiba […]

ChatGPT lost 63% trying to trade crypto, but one Chinese AI made a healthy profit

OpenAI’s ChatGPT lost 63% of its money in a two-week crypto trading competition hosted by Nof1, finishing last of six major language models (LLMs) according to Protos. AI Bots test crypto trading skills The ‘Alpha Arena’ competition, which ended on Monday, tasked six leading AI systems to trade digital assets using identical prompts and limited […]