NVIDIA's CEO Jensen Huang has paid a visit to China, to celebrate Beijing's New Year Party, marking his steps into mainland China after several years.
04.01.2024 - 13:48 / tech.hindustantimes.com
Bitcoin struggled to rebound from a precipitous drop which sent the largest cryptocurrency falling as much as 9.22% earlier in the week.
The token was little changed on Thursday morning London time, trading at around $43,056 and marking a partial recovery from Wednesday's low, but still 6.2% away from the year's high.
Bitcoin had rallied to a 21-month high on Jan.2, ahead of ahead of an upcoming Jan. 10 deadline, that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset's spot price.
The token, along with the broader crypto market crashed suddenly on Wednesday, which some speculated occurred after Matrixport analyst Markus Thielen wrote in a note that he expects the SEC to reject all Bitcoin ETF proposals this month.
The drop led to the liquidation of more than $600 million in positions across all cryptocurrencies on major exchanges, according to data by Coinglass. It's the largest amount of liquidations since Dec. 11.
Responding to reaction to the report, Matrixport's founder Jihan Wu wrote on X, formerly know as Twitter, that its “unrealistic to believe that a Matrixport report could trigger a trillion $ size market to crash.”
“Looking at Bitcoin's history and its future prospects, the current volatility and the potential approval uncertainty of a Bitcoin ETF in January 2024 are ultimately of no importance,” Wu wrote in another post.
NVIDIA's CEO Jensen Huang has paid a visit to China, to celebrate Beijing's New Year Party, marking his steps into mainland China after several years.
AMD has silently started dropping the prices of its Radeon RX 7000 "RDNA 3" GPUs to compete against NVIDIA's SUPER family & the RX 7900 XT is the first to see this pricing update with a new MSRP set at $749 US.
Stranger Things actor has addressed the backlash he’s received over his stance on the ongoing Israel-Hamas conflict.
NVIDIA's GeForce RTX 4070 SUPER, 4070 Ti SUPER, & 4080 SUPER GPUs have been listed online in custom & FE variants at MSRP & premium prices.
The US Securities and Exchange Commission (SEC) has approved Bitcoin exchange-traded products (ETPs) following years of opposition—though not without stern warnings about the «myriad risks» of investing in cryptocurrency. The news was greeted with enthusiasm by crypto-lovers and has led to a minor spike in Bitcoin's value, with one Bitcoin being worth around $44,000 on 8 January and at the time of writing just over $47,000.
Two years after Twitter introduced hexagonal NFT avatars, they're gone: As reported by TechCrunch and confirmed by numerous users, the social media platform has quietly dropped the feature, and reverted all existing NFT avatars to standard ones.
The Screen Actors Guild – American Federation of Television and Radio Artists (SAG AFTRA) has announced a new deal which it claims will protect actors from unauthorized AI replications of their voices.
In a big setback for US space agency NASA, a historic private mission to land on the Moon was facing near-certain failure Monday after the spacecraft suffered a "critical loss" of fuel, in a major blow to America's hopes of placing its first robot on the lunar surface in five decades.
NVIDIA has unleashed its brand new gaming beast, the GeForce RTX 4080 SUPER GPU, which comes for $999 US & tackles AMD's 7900 XTX.
Microsoft Corp. executive Dee Templeton has joined OpenAI's board as a nonvoting observer, according to a person familiar with the matter, as part of a broader boardroom overhaul following the brief ouster of the startup's chief executive officer (CEO) Sam Altman. Templeton has worked at Microsoft for more than 25 years and is the company's vice president for technology and research partnerships and operations, according to her LinkedIn profile. She has already begun attending board meetings, according to the person, who spoke on condition of anonymity to discuss private matters. OpenAI and Microsoft declined to comment.
Hiring in crypto isn't heating up as fast as the recent rally the space has seen on expectations of an imminent approval of a US exchange-traded fund investing directly into Bitcoin.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.