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Key Takeaways Bitcoin fell below $89,000, causing over $100 billion to be wiped from the crypto market. US PCE inflation data largely matched expectations and indicated stable underlying inflation pressures. Share this article Over $100 billion was wiped from the crypto market in the past 24 hours as Bitcoin slipped below $89,000. According to CoinGecko … Read more
Two months after Nvidia and OpenAI unveiled their eyepopping plan to deploy at least 10 gigawatts of Nvidia systems—and up to $100 billion in investments—the chipmaker now admits the deal isn’t actually final. Speaking Tuesday at UBS’s Global Technology and AI Conference in Scottsdale, Ariz., Nvidia EVP and CFO Colette Kress told investors that the … Read more
Key Takeaways The crypto market has lost over $100 billion in market capitalization within just three hours. Bitcoin led the decline, followed by other major digital assets. Share this article The crypto market shed over $100 billion in market capitalization today during a sharp three-hour selloff that swept across digital assets. According to CoinGecko, the … Read more
Nvidia announced Monday it plans to invest up to $100 billion in OpenAI as part of a deal to build out massive data centers for training and running AI models. The companies say they signed a letter of intent to deploy 10 gigawatts — enough to power millions of homes — worth of Nvidia systems … Read more
Chainlink has hit a new all-time high in the key metric of total value secured, with the oracle network surpassing $100 billion across decentralized finance. Summary Chainlink’s total value secured across decentralized finance has jumped to over $100 billion. LINK price traded to highs of $24.7 as the TVS rose amid gains for cryptocurrencies. As … Read more
Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion valuation. When rumors of the raise first broke last month, Databricks CEO Ali Ghodsi told TechCrunch that the company is using the funds to invest in its Supabase-competitor … Read more
Apple plans to increase its commitment to U.S. manufacturing, according to a White House official cited and first reported by Reuters. The tech giant is set to announce Wednesday another $100 billion in spending to help boost production of its products here in the U.S., after previously committing to invest $500 billion in the country … Read more
Schuman Financial founder Martin Bruncko says that the rise of euro stablecoins is “inevitable”, as Europe pushes to digitize its financial systems while strongly resisting dollarization. Speaking at EthCC in Cannes on July 1, Schuman Financial founder Martin Bruncko projected that euro stablecoins will surpass €100 billion in market cap, and potentially reach €1 trillion, despite currently … Read more
The Base ecosystem continues to grow despite a market downturn, generating $193 million in trading fees this year. Despite falling asset prices this year, Base (BASE) continues to attract more users. On April 7, Token Terminal revealed the latest figures for the network in the first quarter of the year. Notably, the Base chain generated … Read more
Chipmaker TSMC said that it aims to invest “at least” $100 billion in chip manufacturing plants in the U.S. over the next four years as part of an effort to expand the company’s network of semiconductor factories. President Donald Trump announced the news during a press conference Monday. TSMC’s cash infusion will fund the construction … Read more
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