Nvidia
Nvidia Becoming More Volatile Than Bitcoin and Ether
Nvidia is expected to see more significant price swings than bitcoin and ether. The stock's 30-day options implied volatility, a gauge of anticipated price swings over four weeks, has recently surged from an annualized 48% to 71%, according to data source Fintel. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
AI Tokens Surge as Nvidia Becomes World’s Most Valuable Company
Tokens relating to artificial intelligence are on the rise again, as the recent surge in chipmaker Nvidia’s stocks made it the most valuable company in the world surpassing Microsoft. CoinGecko data shows that Fetch.ai’s FET, SingularityNET’s AGIX, and Ocean Protocol’s OCEAN led growth in the AI token sector with gains around 15%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
What Investors Should Know About the AI Tokens Riding Nvidia's Hype
AI-related tokens have led the crypto market recovery in recent days, while shares of Nasdaq-listed chipmaker Nvidia (NVDA) also rallied. CoinDesk's Jennifer Sanasie breaks down the surge in RNDR, AGIX and FET tokens. Plus, what investors should know before doubling down on the AI tokens riding the Nvidia hype.
Bitcoin Moves in Tandem With Nvidia
Data from charting platform TradingView shows that the 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chip maker Nvidia has risen above 0.80. The positive correlation is noteworthy as several analysts believe the surge in NVDA represents an AI bubble that could soon burst. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
Decentraland Foundation Exec on Future of AI in the Metaverse
Nvidia, decentralized artificial intelligence (AI) network SingularityNET and others are participating in Decentraland's AI World Fair this week. Decentraland Foundation executive director Yemel Jardi shares insights into the event, exploring the opportunities of AI innovation in the metaverse and the outlook for mainstream adoption.
Crypto Bull Market Base Is 'Being Built' as Bitcoin Price Briefly Tops $26.7K: CoinRoutes CEO
Bitcoin (BTC) is paring some earlier gains after topping $26,789 in the last 24-hours. CoinRoutes CEO and co-founder Dave Weisberger discusses his crypto markets analysis and the next catalysts to watch that could move price action. "The bull market's base is being built at these levels rather strongly," Weisberger said. Plus, his AI-related tokens outlook after Nvidia posted its latest quarterly earnings results.
Nvidia Joins $1 Trillion Club Amid AI Boom
Nvidia's (NVDA) stock is climbing, following the company's latest earnings report. The chipmaker's market capitalization has even surpassed $1 trillion, outpacing companies like Meta and Tesla, according to data from Yahoo Finance. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
