The post Nvidia Stock Price Falls 2.3% Despite d-Matrix Partnership appeared first on Coinpedia Fintech News

Nvidia stock fell 2.35% Thursday even after announcing a collaboration with AI inference chipmaker d-Matrix. Under the deal, d-Matrix will use Nvidia’s NVLink Fusion to connect its next-generation Raptor XPUs to Nvidia’s AI platform, giving the chipmaker a path to deploy its custom chips at large AI data centers. Raptor will rely on Nvidia’s NVLink …

The post Dow Jones Today Drops As Fed Rate Hike Bets Surge To 70% appeared first on Coinpedia Fintech News

US stocks are sliding as oil climbs above $100 a barrel and August producer prices came in hotter than expected. PPI rose 5.4% year-on-year, above the 5.3% forecast, while core PPI jumped to 4.6% from 4.3%. September rate hike expectations rose to 70%, up from 60%. Dow futures are down 0.33%, Nasdaq futures down 1%, …

The post Bitcoin Price Crashes $1,200 As Treasury’s Bond Rescue Backfires appeared first on Coinpedia Fintech News

Bitcoin fell $1,200, dropping below $77,000 and now trading at $77,260.27, down 3.0% over 24 hours, after August Producer Price Index data came in hotter than expected. More than $190 million in long positions were liquidated within an hour of the move. The selloff comes as the Treasury’s $6 billion bond buyback failed to stop …

The post Coinbase CEO: CLARITY Bill Is “Ready” For A Yes Vote appeared first on Coinpedia Fintech News

Coinbase CEO Brian Armstrong says the crypto industry comes out ahead regardless of how the September 15 Senate vote on the CLARITY Act goes. Speaking on CNBC Thursday morning, Armstrong said passage would deliver formal legislation, while a failed vote would still push the SEC and CFTC to step in with their own rules. Armstrong …

The post Kraken: Nasdaq Invests $100 Million in Payward at $21 Billion Valuation appeared first on Coinpedia Fintech News

Nasdaq is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, through its venture investment arm, according to Bloomberg. The investment values Payward at $21 billion and deepens a strategic partnership established between the companies in March. The firms aim to accelerate next-generation market infrastructure supporting the trading, settlement and custody of …

The post Hunter Biden’s LAPTOP Token Crashes Over 99% Since Launch appeared first on Coinpedia Fintech News

Hunter Biden’s memecoin $LAPTOP is trading at $0.8832, down 99.6%, after what Biden described as a “sharp swing” in price caused by technical issues, which he said have since stabilized to healthy levels. The token remains down more than 99% since its launch. Biden also said his foundation’s official account has been suspended, but denied …

The post Trump Pledges $5,000 Payout To Every American appeared first on Coinpedia Fintech News

President Trump pledged a $5,000 dividend to every adult US citizen, contingent on Republicans winning control of both the House and Senate. He framed the payout as a reward tied to the country’s economic performance, comparing it to a company issuing a cash distribution to shareholders, and referenced last year’s $1,776 payment to military members …

The post iPhone 18 Series India Price: Foldable iPhone Duo Costs Rs 2.99 Lakh appeared first on Coinpedia Fintech News

Apple has officially unveiled the iPhone 18 series, with India among the first markets to get the new lineup. The iPhone 18 Pro starts at Rs 1,64,900, the iPhone 18 Pro Max starts at Rs 1,79,900, and Apple’s first foldable phone, the iPhone Duo, is priced at Rs 2,99,900, just short of Rs 3 lakh. …

The post Apple iPhone 18 Cost In India: Foldable Model May Hit Rs 2.5 Lakh appeared first on Coinpedia Fintech News

Apple’s first-ever foldable iPhone, expected to debut at today’s event, could launch in India priced around Rs 2.5 lakh, with sales possibly starting as early as November. That would put it nearly double the Rs 1,49,900 starting price of the current iPhone 17 Pro Max, setting a new price ceiling for Apple’s lineup and positioning …

The post Whales Defended Bitcoin’s $58K-$63K Zone, Says Jamie Coutts appeared first on Coinpedia Fintech News

Analyst Jamie Coutts said the $58,000 to $63,000 range was “viciously defended” by large holders, pointing to unusually high volume on both centralized exchange charts and onchain spot data at that level. He called it Bitcoin’s current line in the sand, warning a break below would be damaging given how much capital rotated in there. …