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Nvidia
AI-Focused Tokens Edge Higher Ahead of Nvidia Earnings Results
NEAR, FET, RNDR, TAO and AGIX gained even as the broader market benchmark CoinDesk 20 Index saw a slight decline during 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.
AI Tokens Lead Crypto-Market Recovery as Nvidia Hits One-Month High
"We are in an AI super cycle right now," one market observer said.
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."
Bitcoin's Correlation to Nvidia Strongest in Over a Year
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.
Near Protocol's Token Almost Doubles in a Week, Ahead of Nvidia's AI Conference
Near Protocol will be only few crypto-related firm that will be presenting at Nvidia's conference next week.
Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia
The sector was up as Nvidia's earnings results spurred broader optimism surrounding artificial intelligence.
AI-Linked Crypto Tokens Surge After Nvidia Sees 'Tipping Point'
AI tokens outperform the CoinDesk 20 index, as crypto traders bet on solid Nvidia earnings and outlook.
Nvidia's Hotly Anticipated Earnings May 'Trigger' Bitcoin and Crypto Correction, Analyst Says
'The most important stock on Earth' could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, QCP Capital said.
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.