News - Page 58

Breaking Boundaries or Keeping Traditions? Powell’s Stand on Digital Dollars Shakes Up Finances

Breaking Boundaries or Keeping Traditions? Powell’s Stand on Digital Dollars Shakes Up Finances

US Federal Reserve Chair Jerome Powell firmly opposes issuing a Central Bank Digital Currency (CBDC), favoring traditional currency systems over digital innovations. Powell’s stance contrasts with countries like China, which are advancing digital currencies amid fears of increased government surveillance and privacy
11 February 2025
Ripple’s XRP Set for a Breakthrough! Discover How This SEC Meeting Could Transform the Crypto Landscape

Ripple’s XRP Set for a Breakthrough! Discover How This SEC Meeting Could Transform the Crypto Landscape

A pivotal meeting between Ripple and the SEC could impact XRP’s legal standing. The meeting addressed regulatory uncertainties hindering XRP’s growth. Optimism exists about a regulatory breakthrough and asset reclassification for XRP. Positive reclassification could attract significant institutional investment. A resolution may
11 February 2025
Nvidia’s Rollercoaster: Can AI Titan Hold Its Ground?

Nvidia’s Rollercoaster: Can AI Titan Hold Its Ground?

DeepSeek’s use of Nvidia’s low-powered A100 chips triggered a 17% drop in Nvidia’s stock, highlighting market volatility. Nvidia shares rebounded 19% after investor reassessment and rumors of DeepSeek potentially using advanced Nvidia chips. Despite minor overheating issues, demand for Nvidia’s products, including
11 February 2025
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