TSMC, the globe’s leading semiconductor manufacturer and a crucial supplier to Nvidia, projects significant sales gains for the second quarter of 2024. The company anticipates sales will range from $19.6 billion to $20.4 billion, representing a 30% rise compared to the same period in the preceding year. The increasing demand for semiconductors, especially those designed … Read more
Last week, the price of Solana experienced a significant drop as Bitcoin fell to $61,000 due to escalating geopolitical conflicts between Israel and Iran. In consequence, investments considered risky, including Solana, saw declines. The value of SOL dropped to $120 on Saturday. The intense demand to sell and market volatility continued into the new week, … Read more
Crypto investors are currently in a holding pattern, hoping for a revival of the altcoin market to recoup losses during the ongoing correction. Unfortunately, this bull run may not materialize soon, leading to heightened selling pressure on cryptocurrencies like Tron. The challenge lies in deciding which crypto to hold onto and which one to sell. … Read more
Although SHIB‘s price has dropped significantly in recent weeks, Lucie, an influential member of the Shiba Inu marketing team, remains positive about the digital currency’s underlying value. She believes that SHIB is still heading towards a “supercycle,” a prolonged period of growth and increasing prices. SHIB Set For A Major Bullish Cycle On Wednesday, April … Read more
History has demonstrated that economic downturns such as recessions, wars, and high inflation frequently recur. When these conditions arise again, they mark a significant shift in the global economy. This transformation brings with it uncertainty, anxiety, and market instability. As Ray Dalio explains, roughly every century, the dominance of a global power comes to an … Read more
Bernstein, a private wealth management company, has identified some mining stocks that may perform well after the halving process takes place. According to Bernstein, CLSK and RIOT ranked first in the market for having the largest self-mining hash rates. The analyst is optimistic that these companies will surpass competitors because of their excellent execution skills. … Read more
With the Bitcoin halving approaching, there’s growing excitement in the cryptocurrency world. Recent discoveries of comments attributed to Bitcoin’s anonymous founder, Satoshi Nakamoto, have fueled further intrigue and debate among crypto enthusiasts as they eagerly await this significant event. The statements, allegedly made by Nakamoto prior to disappearing from social media, have once again brought … Read more
Stay informed about the latest crypto developments – check out U.Today’s top three news articles from the past 24 hours. Shiba Inu‘s supercycle: Insider optimism peaks as BTC halving nears As the crypto community is eagerly anticipating the upcoming Bitcoin halving, Shiba Inu team member Lucie has taken to X platform to share her view on … Read more
During the process of recovering important statistics, the number of transactions on Shiba Inu‘s Shibarium platform experienced a remarkable increase of 160% in just one day. Shibarium Retraced Transaction Volume Boost According to Shibariumscan’s latest report, there have been approximately 562,980 transactions on Ethereum‘s Layer-2 scaling solution as of now. This represents a substantial jump … Read more
XRP continues to push forward in its efforts to bounce back from a prolonged significant decline. Despite a 20% drop in value this year, rising open interest (OI) has sparked optimism among investors regarding potential price recuperation. According to Coinalyze, the OI for XRP has increased by 1.69% within the last 24 hours on the … Read more