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Join Our Telegram channel to stay up to date on breaking news coverage The prominent chipmaker Nvidia has reached a significant milestone by entering the exclusive $1 trillion valuation club.  Nvidia Joins $1 Trillion Valuation Club in Historic Achievement Nvidia Corp. (NVDA.O) momentarily achieved a notable milestone on Tuesday. The company briefly entered the esteemed league of U.S. companies with a market value of $1 trillion. Investor interest in Nvidia has surged because of its role as a major beneficiary of the AI revolution. NVIDIA just officially joined the $1 trillion market cap exclusive club! — Alf (@MacroAlf) May 30, 2023 In under eight months, Nvidia’s stock has tripled in value, highlighting the escalating enthusiasm surrounding artificial intelligence. This significant surge can be attributed to the remarkable advancements in generative AI. Furthermore, it has given life to conversations and creative content generation, including jokes and ...

IRS Access Of Coinbase Valid Harper’s lawsuit alleged violations of due process and protections against unreasonable searches and seizures. However, Judge Laplante dismissed the case, stating that Harper’s rights were not infringed upon and that the existing safeguards and checks on the IRS ’s powers were sufficient. advertisement The court’s decision has drawn attention to the broader implications for taxpayer privacy and the IRS’s power to access financial records from third-party intermediaries, including cryptocurrency exchanges. In the order issued on Friday, Judge Laplante noted, “The IRS’s actions at issue in this case fall squarely within that broad latitude, and Harper is not entitled to protection or relief beyond the existing congressionally and judicially imposed ‘safeguards’ and checks on the IRS’s powers.” Recommended Articles ...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto aficionados have been cautioned against utilizing digital assets as a method of payment while vacationing at one of Indonesia’s most well-liked tourist spots for sun and beach. Bali Governor’s Warning According to Bali’s governor Wayan Koster, those who use cryptocurrency to pay for lodging, dining out, activities, or shopping will face harsh penalties. He allegedly warned that “foreign tourists who behave inappropriately, engage in activities not permitted by their visa permit, use cryptocurrency as a form of payment, and violate other provisions will be dealt with firmly.” According to the governor, failure to comply will lead to business closures, criminal penalties, deportations, and sanctions against the offender. Indonesia also forbids the use of foreign currencies for payment because the Indonesian rupiah is the only legal money. According to Indonesian law, Anyo...

The first few months of 2023 proved to be quite fruitful for crypto asset investors. Most coins ended up fetching positive returns to their holders. Bitcoin, for instance, inflated investor bags by 39.6% in January, and 22.9% in March. In February and April, the market remained relatively flat. However, it closed in green and fetched investors 0.03% and 2.81% returns. This year’s bullish streak seems to be on the verge of breaking currently. With less than two days left for May to wrap up, BTC’s ROI is in negative territory. Specifically, it flashed a value of -4.86% at press time on Tuesday, May 30. Source: Coinglass Also Read: 20,000% Vs. 11,000%: Bitcoin Beats Nvidia in 10 Year Gains BTC’s performance this month is in stark contrast when compared to Wall Street’s top indices. The monthly candle for both Nasdaq and S&P 500 is currently in the green. As of yesterday’s close, they were up 6.25% and 0.9% respectively on the monthly timeframe. Nasdaq Index, S&P 50...

There are multiple crypto -related success stories. The advent of meme coins like Shiba Inu [SHIB] birthed several millionaires during its initial days. While becoming a millionaire is quite difficult considering the lethargic price of SHIB, pocketing profits is still isn’t out of the picture. An address identified as “Meme Lord” had a tremendous increase in its investment portfolio over a three-year period, according to data from OnChainDataNerd. The trader’s notable successes can be attributed to investments made in three specific projects, Shiba Inu, Pepe Coin, and TSUKA. The Meme Lord’s investments turned out to be quite profitable, generating significant returns and assisting in the gradual expansion of its initial investment. The trader decided to invest $2,500 in Shiba Inu using Ethereum [ETH] in March 2021. The trader decided to sell their investment at SHIB’s peak in May after spotting a profitable chance. Meme Lord was able to make an astounding profit of $60,000, or 22 ti...

From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3. Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly awaited game may incorporate digital assets as rewards for players, nonfungible tokens (NFTs) as in-game goods, or even as part of the storyline's humor. The most recent speculations in the crypto community emerged last week on Twitter, but so far, there's no indication that Rockstar Games, publisher of the Grand Theft Auto franchise, plans to jump into Web3. Cointelegraph looked at the latest rumors and facts about the possibility of an upcoming crypto GTA. Play-to-Earn is no longer seen as an efficient business model Play-to-earn (P2E) games allow users to earn cryptocurrencies by playing games. The business model, however, has been deemed as unsustainable, despite the exciteme...

Visa gift cards are among the most popular options for consumers looking to purchase a widely accepted gift card. Moreover, Amazon stands as the most popular online retail store on the planet and serves a wide array of consumer needs. So, how do you use a Visa gift card on Amazon ? Let’s find out.  There are a lot of payment options on the Amazon platform that you can use. Whether it be a credit card or a digital payment service like Apple Pay, there are a plethora of options. Yet, let’s see if a Visa gift card is first accepted on the online platform.  Does Amazon Accept Visa Gift Cards? Source: Reuters Unfortunately, Visa gift cards are not directly accepted on Amazon. Alternatively, Amazon offers its own gift card option in place of the Visa payment method. However, it does not accept a gift card option outside of that.  However, despite the platform not directly accepting the gift card, there are ways to use the payment method at the online retailer. So, let’s del...

Recent reports revealed that the venture capital conglomerate Digital Currency Group (DCG) has decided to shut down its institutional trading platform TradeBlock which provided trading and brokerage services to investors. According to a Bloomberg report published on May 26, Breanne Madigan’s TradeBlock will officially cease its activities on May 31. DCG’s decision to end the services of its subsidiary has been a result of the strained market conditions that followed the bankruptcy filing of Genesis Global Hodco. On May 26, Bloomberg shared the news on Twitter stating, “Barry Silbert’s crypto conglomerate, Digital Currency Group, is shuttering its TradeBlock institutional trading platform”: Barry Silbert’s crypto conglomerate, Digital Currency Group, is shuttering its TradeBlock institutional trading platform https://t.co/PDXVcsZjar — Bloomberg (@business) May 25, 2023 The macroeconomic conditions affecting the crypto space, along with the sudden fall of the c...

In a shocking twist to the Terra-Luna saga, the high court of Montenegro’s capital city has dealt a heavy blow to the embattled CEO of Terraform Labs, Do Kwon, and his former CFO, Han Chang-joon. According to Laura Shin, host of the Unchained Podcast, their bail has been revoked, leaving the cryptocurrency community in suspense. Do Kwon will remain in jail after a Montenegrin high court overturned an earlier decision that approved his release for $436,000. https://t.co/pbCiwyV5tE — Laura Shin (@laurashin) May 24, 2023 The duo’s ill-fated journey began when they were apprehended at Podgorica airport on March 23. Authorities alleged that they had attempted to flee the country using forged travel documents. Kwon, already under the scrutiny of Interpol, found himself at the center of a global legal storm. Initially, the duo’s hopes were raised as the local court granted the defendants’ bail request on May 12, allowing them a glimmer of freedom. How...

Garlinghouse gives a new timeline for the final resolution of the SEC lawsuit.  Ripple CEO Brad Garlinghouse has shared new predictions for the final resolution of the company’s lawsuit against the United States Securities and Exchange Commission.  At the Redefine Tomorrow 2023 summit, Garlinghouse speculated in a fireside chat that the lawsuit would be resolved in weeks.  “In terms of where things stand today, I’ll try not to get too much into the legal wigs. You’re right that I feel very confident that we’ll see a decision from the court this year. In fact, I’ll guess in weeks, not months,”  Garlinghouse was quoted as saying.  BREAKING #XRPCommunity : @bgarlinghouse expects a court case resolution in weeks and not months , following the recent court news regarding the Hinman emails! PS: feels like the interviewer is an XRP holder pic.twitter.com/OT303FoNZI — XRPnewt (@XRPnewt) May 25, 2023 Judge Torres Denies SEC...

US Seeks To Recover Crypto Assets The government’s pursuit involves the forfeiture of cryptocurrency seized from seven accounts held at Binance , a prominent crypto exchange and custodian. The accounts contained various digital assets, including Bitcoin (BTC), Tether (USDT), APE (ApeCoin), JASMY (an ERC-20 token), OGN (Origin Protocol), SHIB (Shiba Inu), XEC (eCash), TLM, and BNB ( Binance coin). advertisement Read More: Reports Reveal Ripple Purchased Bitstamp Shares In Q1 2023; But Why? According to the official statement released, the investigation into this particular BEC scheme commenced in March 2022, when a Massachusetts business fell victim to a fraudulent email. The scammers successfully tricked the company into wiring a substantial sum of $898,342 from their local bank account to an account opened in California. Stolen Funds Trail End At Binance The illicitly obtained funds were subsequently traced to another bank account and then co...

Musk also agreed that he remains a fan of Dogecoin meme coin, saying “ Dogecoin is my favorite cryptocurrency because it has the best humor and has dogs.” However, he isn’t suggesting that anyone should put their life savings on crypto or Dogecoin. advertisement Elon Musk Warns Investors of Putting All Money in Crypto or Dogecoin During the Wall Street Journal’s CEO Council Summit in London, Elon Musk shared a rare piece of advice for investors to avoid putting all their money on crypto or Dogecoin. Elon Musk advising crypto enthusiasts and Dogecoin fans is slightly in contrast to his recent stance on crypto and Dogecoin. Elon Musk just gave his current views on crypto on an interview with WSJ “Dogecoin is my favorite because it has the best humor and it has dogs” pic.twitter.com/QYDYbf0Yjo Recommended Articles Crypto Telegram Channels List 2023 [Updat...