Three major U.S. stock indexes open higher, NVIDIA stock price hits new high

The US stock market opened with the Dow up about 240 points, the S&P 500 index up 1.39%, and the Nasdaq up 2.05%. Nvidia (NVDA.O) surged more than 11% after its earnings report, reaching a new all-time high.

Nvidia

Comments

All Comments

Recommended for you

BTC breaks through $98,500

market shows BTC breaking through $98,500 and is now trading at $98,501.24, with a 24-hour increase of 0.84%. The market is volatile, so please be prepared for risk control.
CointimeSG ·

Kraken Hits $2 Billion CAD in Custody, Focuses on Crypto Knowledge Growth

Ontario Securities Commission reports 54% of Canadians defined cryptocurrency in 2023.
Cardano's ADA Hits Highest Level Since May 2022 as Bitcoin Nears $100K and Capital Rotates into Alternative Cryptocurrencies

Cardano's ADA has reached its highest level since May 2022, with evidence of significant participation from large traders in the on-chain activity. As Bitcoin approaches the $100,000 mark for the first time, capital is shifting towards alternative cryptocurrencies, generating excitement in the wider crypto market. Additionally, Bitcoin has broken a new record above $98,000, and there are reports that former US President Donald Trump is considering appointing a "Crypto Czar" and a crypto lawyer for SEC Chair. BlackRock's IBIT options launch has also contributed to Bitcoin's new ATH.
CointimeSG ·

How to scale the insurance industry with blockchain: X Spaces with Nayms

Lack of transparency, access and efficiency are longstanding issues in the insurance industry. This blockchain-based insurance project proposes a more open and flexible system.
CointimeSG ·

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.
CointimeSG ·

MicroStrategy completes its $3 billion debt offering to buy more bitcoin

The “bitcoin treasury company” has completed a $3 billion convertible senior notes offering to buy more bitcoins, according to an announcement on Thursday.
CointimeSG ·

This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000

HIVE Digital orders 5,000 new Bitcoin miners from Canaan, marking its second major purchase this month.
CointimeSG ·

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
CointimeSG ·

US Bitcoin ETF assets break $100 billion

Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
CointimeSG ·

Solana Thesis Part II: The Data-Driven Case for SOL

In Q4’23 Syncracy released a public thesis on Solana. In it we argued that SOL was severely mispriced at 13% of Ethereum’s valuation given its industry-leading scalability, unique integrated design, and growing developer traction. At the time, the case for Solana was mostly qualitative as the data confirming that thesis was still emerging. The argument essentially boiled down to Solana offering a rare opportunity to own a foundational project, at a distressed valuation, that unlocked new possibilities at a scale comparable to Bitcoin and Ethereum. In other words, while the Solana story was undeniably exciting, it was driven more by potential, than momentum.