Crypto exchange-traded fund provider Purpose Investments has announced that it has filed a preliminary prospectus for the Purpose Solana ETF with the Canadian securities regulator, seeking to invest the majority of its assets in Solana and provide long-term capital appreciation opportunities for ETF unitholders, as well as giving investors direct access to SOL.
On January 27, the US stock market closed, and Nvidia's share price fell by 17%. In response, Nvidia responded: "DeepSeek is an excellent artificial intelligence advance and an excellent example of test-time scaling. DeepSeek's research shows how the technology can be used to create new models with widely available models and computing power that is fully compliant with export control regulations. The inference process requires a large number of Nvidia GPUs and high-performance networks. Today w...
On January 28th, Nvidia (NVDA. O) shares plunged nearly 17%, losing a record $589 billion in market value. According to Forbes.com, the company's CEO and largest individual shareholder Huang Renxun's net worth shrank by $20.80 billion at the close, falling from $124.40 billion to $103.70 billion, and from Forbes' 10th place on the real-time billionaire list to No. 17. Oracle (ORCL. N) fell 14%, and Chairperson Larry Ellison's net worth fell by $27.60 billion, falling from the third richest perso...
Nvidia said Monday that the progress of Chinese artificial intelligence company DeepSeek demonstrates the practicality of its chips in the Chinese market and that more chips will be needed in the future to meet demand for DeepSeek services.
Bloomberg analyst James Seyffart posted on the X platform that Tuttle Capital has just applied to the Securities Exchange Commission (SEC) for 10 different leveraged crypto asset ETFs. This includes a bunch of memecoin products and assets that do not yet have an ETP. This is the first ETP application in the United States tracking Chainlink, Cardano, Polkadot, etc.
Musk's social media platform X Corp. (formerly Twitter) has a stake of about $6 billion in Musk's xAI Corp.
The French Senate has passed the 2025 budget, which includes a tax on the "unproductive wealth" of bitcoin and other cryptocurrencies. The tax will be levied annually on unrealized gains on cryptoassets, meaning that cryptocurrency holders will be taxed even if they do not sell their assets. The proposal is currently awaiting a vote by the National Assembly.
"Sui is about to launch the ability to transact via SMS, bringing payments, DeFi, rewards and more to everyone around the world," Mysten Labs co-founder Adeniyi said in a social media post.