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Bitcoin and crypto rise after Nvidia earnings surprise
Bitcoin and crypto assets gained with U.S. stocks after Nvidia’s second-quarter earnings beat expectations by about $4 billion. Bitcoin is drawing attention around the $81,000 level as risk assets strengthen.
Cointelegraph
Reported Hugging Face Deal Could Give Nvidia Greater Control of Open-Source AI
Decrypt reports that Nvidia’s potential acquisition of Hugging Face could concentrate more of the open-source AI pipeline—from chips to model distribution—within one company, with possible implications for developers and users.
Decrypt
Bitfinex Securities raises $50 million to pursue tokenized nickel trading
Bitfinex Securities has raised $50 million and is preparing a security linked to a Luxembourg-based platform holding a reported $1.6 billion stockpile of high-purity nickel wire, CoinDesk reports.
CoinDesk
Bitcoin’s $80,000 Move Fails to Lift Treasury Premiums
Bitcoin touched $80,000, but Strategy, Twenty One Capital, and Metaplanet still lacked common-equity premiums. CryptoSlate said the firms remain constrained by equity discounts, debt, pledged bitcoin, and potential dilution.
CryptoSlate
Nvidia Earnings Boost Tech Stocks and Bitcoin
Nvidia shares rose 8% after an earnings beat and strong outlook, lifting technology stocks, AI infrastructure companies and bitcoin, CoinDesk reported. NVDA and BTC were among the assets at the center of the market reaction.
CoinDesk
Nvidia Shares Surge After-Hours on Record $96.2 Billion Revenue
Nvidia shares surged in after-hours trading after the chipmaker reported record quarterly revenue of $96.2 billion. The company also disclosed $366 billion in future commitments and up to $108.5 billion in guarantee exposure.
Decrypt
Nvidia shares rise after earnings beat estimates and $108 billion revenue outlook
Nvidia shares rose after the company reported fiscal second-quarter results above estimates and guided for $108 billion in revenue in the next quarter, CoinDesk reported.
CoinDesk