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.
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.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
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.
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
The market is testing a new narrative for Nvidia. This will be a bull and bear ferocious fight. Here we take a look at some bearish factors for the stock, and catalysts for a short thesis.
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
Bitcoin surges past $103K after a market dip triggered by DeepSeek’s AI shock. Institutional accumulation grows, with BTC targeting $150K.
Crypto-centric stocks like NVDA, HOOD, SHOP, IBKR and COIN are likely to benefit from the ongoing Bitcoin rally.
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.
XRP (CRYPTO: XRP), the third-most-valuable cryptocurrency in the world, has taken the sector by storm since Donald Trump won the U.S. presidential election. The price of XRP is up more than 530% since election night.