Crypto is down, but FET and AI tokens are up — Here’s why
FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors’ earnings expectations for Nvidia?
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R3 Consortium Member Closes $10 Million Funding Round for Blockchain ID Platform
United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29.The company, which is a member of R3’s global blockchain ecosystem, first announced its funding round and its goal of raising $10 million in October,…

Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7
Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank for International Settlements (BIS) — an umbrella group for 60 central banks and monetary authorities — to discuss the…

Join Cointelegraph’s Bitcoin Halving Party, Less Than 3 Hours to Go
As Bitcoin’s halving draws ever closer, Cointelegraph is going live with some of the biggest names in crypto, to celebrate the event. Wherever you are in the world right now, as a Cointelegraph reader, you are almost certainly aware that Bitcoin’s third halving event is now less than 8 hours away.It is also highly possible…

Nvidia triples revenue forecast for crypto mining GPU sales
The California chipmaker says Q1 financials for fiscal 2022 are on track to surpass initial estimates with demand for crypto mining graphics cards on the rise. 2941 Total views 8 Total shares Nvidia says the positive performance of its various market segments has seen the company revise its initial forecasts for Q1 of fiscal 2022.The…

Alibaba Exec: E-Commerce Giant Considering Blockchain Use in Complex Supply Chains
Liu Song, vice president of Chinese e-commerce giant Alibaba Group, has said in an interview that the company is considering blockchain tech implementation for cross-border supply chains. Song’s remarks were noted in an article published by China’s largest state-owned newspaper, People’s Daily, on Wednesday, March 6.Song underlined that in the future, Alibaba can implement blockchain…

Bitcoin futures open interest reaches a 16-month high: $70,000 granted?
BTC derivatives show moderate bullishness, paving the way for further gains above $70,000.

Crypto ‘buy the dip’ moments to last longer this cycle: Hedge fund founder
Pullbacks in the crypto market will provide “buy the dip” scenarios lasting “much longer than everyone expects,” according to Syncracy Capital co-founder Daniel Cheung.

Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This WeekNvidia Faces Class Action Lawsuit Over Losses After Lower GPU Mining DemandGraphics processing unit (GPU) producer Nvidia is currently facing a class action lawsuit over losses that the company reported when lower crypto prices lowered demand for GPUs by miners. The Schall law firm announced the lawsuit this week, with the complaint…