Nvidia Overtakes Bitcoin in Google Trends

Nvidia Overtakes Bitcoin in Google Trends

Nvidia has surpassed Bitcoin in search interest, according to Glassnode lead analyst James Check. The chipmaker has seen a significant increase in market capitalization, overtaking Microsoft as the most valuable company in the world. Nvidia’s stock has risen by 162% on the current AI boom, with the company dominating the GPU chip market. Despite the … Read more

Peter Schiff Uses NVIDIA’s Rise as Most Valuable Global Company to Criticize Top Cryptocurrencies: ‘Bitcoin Requires Gold. Gold Does Not Require Bitcoin’

Peter Schiff Uses NVIDIA’s Rise as Most Valuable Global Company to Criticize Top Cryptocurrencies: ‘Bitcoin Requires Gold. Gold Does Not Require Bitcoin’

Renowned economist and Bitcoin critic Peter Schiff recently shared his thoughts on the rise of Nvidia, the artificial intelligence giant, on Twitter. He highlighted that despite Nvidia’s success on the stock market, it contains a small amount of gold in each Graphic Processing Unit but does not contain Bitcoin. Schiff’s argument was countered by a … Read more

Despite muted Google searches, Bitcoin ETFs see $880M in inflows

Despite muted Google searches, Bitcoin ETFs see 0M in inflows

Bitcoin ETFs have seen significant inflows of $880 million on June 4 and $488.1 million on June 5, with the Fidelity Wise Origin Bitcoin Fund leading the way with $220.6 million in inflows. The price of Bitcoin has surpassed $70,000, reaching $71,082.55. However, Google search interest in Bitcoin-related terms remains low compared to the 2021 … Read more

Market Domination: HPE Earnings, Bitcoin Mining, and Discount Retail Sector Investments

Market Domination: HPE Earnings, Bitcoin Mining, and Discount Retail Sector Investments

In Wednesday’s episode of Market Domination, hosts Jared Blikre and Julie Hyman discussed retail sector plays, Kerrisdale Capital’s call to short Riot Platforms (RIOT), along with the day’s trending tickers. Shares of Snowflake (SNOW) were under pressure during the Data Cloud Summit, mirroring Riot Platforms’ decline after Kerrisdale Capital’s CIO labeled the bitcoin mining industry … Read more

Microsoft Makes $70 Million Investment in South Africa for AI Progress – News Bytes Covering Bitcoin News

Microsoft Makes  Million Investment in South Africa for AI Progress – News Bytes Covering Bitcoin News

A recent investment has been made to assist black-owned small, micro, and medium enterprises in their development. The goal is to provide support for these businesses to grow and thrive. Article Source https://news.bitcoin.com/microsoft-invests-70-million-in-south-africa-for-ai-advancement/

Comparing Bitcoin and NVIDIA: ChatGPT-4o’s Analysis on Long-Term Investment Potential

Comparing Bitcoin and NVIDIA: ChatGPT-4o’s Analysis on Long-Term Investment Potential

NVIDIA’s technological advancements and strong stock performance have sparked a debate among investors and experts about whether the tech giant can maintain its edge over Bitcoin in the next decade. Some market conditions and forecasts have left investors uncertain about which investment – Bitcoin or NVIDIA – will perform better in the long term. In … Read more

Nvidia’s Chances of Outperforming Bitcoin This Decade Are Slim to None

Nvidia’s Chances of Outperforming Bitcoin This Decade Are Slim to None

The CEO of Swan Bitcoin recently commented on Nvidia’s potential to overtake Bitcoin in the next decade, stating that the technology company has “almost zero chance” of achieving this feat. The CEO emphasized the strong position of Bitcoin in the market and highlighted the significant challenges that Nvidia would face in attempting to surpass the … Read more

Experts believe Nvidia has little to no chance of outperforming Bitcoin in the next decade

Experts believe Nvidia has little to no chance of outperforming Bitcoin in the next decade

Nvidia’s remarkable performance over the past decade has experts anticipating a significant turnaround but still believe the tech giant has “almost zero chance” of surpassing Bitcoin in the next ten years. This discussion about the evolving dynamics between traditional high-growth tech stocks like Nvidia and the rising digital currency Bitcoin is fueled by Nvidia’s recent … Read more

Bitcoin and Ether Prices Remain Steady as SEC ETF Decision Approaches, Nvidia Reaches All-Time High

Bitcoin and Ether Prices Remain Steady as SEC ETF Decision Approaches, Nvidia Reaches All-Time High

The founder of 10x Research, Markus Thielen, predicts that the Securities and Exchange Commission (SEC) may approve US-listed Ethereum (ETH) exchange-traded funds (ETFs) today. This comes after SEC Chair Gary Gensler warned cryptocurrency investors to be aware of the risks before making any investments, just hours before the approval of a Bitcoin ETF. Thielen believes … Read more