Technology TheFOXposts.Com

NEW YORK/WASHINGTON: The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to US spot bitcoin exchange-traded funds continued to support cryptocurrency prices. Bitcoin's price reached as high as $52,079 on Wednesday, its latest 25-month high. It was last up 4.29% at $51,690, taking the token's market cap to $1.013 trillion according to price platform Coingecko. The world's largest cryptocurrency has risen around 22% since the start of February, already set for its biggest monthly rise since October. Strong i NFL ows to new US listed ETFs have driven some of the price action in recent weeks, say analysts, and capital flows into the 11 US spot bitcoin ETFs increased to $1.64 billion in the week to Wednesday, LSEG Lipper data showed. The previous five trading sessions saw inflows of $409 million to the products, which received regulatory approval and began trading in January. "Whether th...

Nvidia  briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable US company. At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81 trillion for retail giant Amazon.com and a few billions away from Google-owner Alphabet's $1.87 trillion, according to LSEG data. The last time Nvidia was more valuable than Amazon was in 2002, when they were each worth under $6 billion. After Amazon's higher-than-expected holiday quartersales last month, investors are looking to Nvidia's quarterly results on Feb. 21, the last of the megacap firms to report this earnings season. Expectations have run high heading into the report with shares gaining 47% year-to-date, making it the biggest gainer among S&P 500 components. Blowout quarterly results and strong forecasts from Nvidia a year ago established th...

The transfer market has only just opened in Europe and the rest of the world with only seven days having passed since the window became active. However, over on the USA’s west coast, there are already several unknowns floating around Steve Cherundolo’s LAFC , with a number of players linked with moves across the Atlantic Ocean. Carlos Vela is currently a free agent after his contract with the Los Angeles club expired at the end of the 2023 season . Although the Mexican forward has expressed his desire to remain in Los Angeles , the reality is that other options have appeared on the horizon, one of them a potential return to Real Sociedad in LaLiga. View this post on Instagram A post shared by Carlos Vela (@carlosv11_) Europe move ‘a possibility’ says Bouanga However, he is not the only attacker who could leave the club ahead of the 2024 season . According to Tom Bogert of The Athletic , Denis Bouanga is on various shopping lists in both Saudi Arabia and France...