Tue, Oct 22, 2024 3:04 PM
Nvidia in talks to co-develop AI chip with India: Report
A Flip by Avya Verma
Investors in BlackRock’s IBIT bought the dip, sending $329 million in inflows to the fund on Oct. 21 after Bitcoin slipped 3% in a day. The Fidelity Wise Origin Bitcoin Fund (FBTC) was the only other United States spot Bitcoin ETF to record an inflow, with $5.9 million on Oct. 21, while others recorded zero or negative flows. BlackRock’s IBIT continues to lead all spot Bitcoin ETF products.
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Elon Musk downplayed his involvement in cryptocurrency, stating that his interest is mostly casual and driven by his fondness for Dogecoin, which he finds funny and appealing due to its meme status. Musk's comments came amid speculation about his potential role in shaping blockchain policy and his influence on Dogecoin's market performance.
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Popcat Surges 11% While Dogecoin Retraces Following Market-Leading Rally: Popcat continued its surge, up 11% in the last 24 hours, to outpace the leading memecoin, Dogecoin. Though DOGE remains king of the week, with more than 30% in gains, its modest rise of 2% in a single day may hint at cooling off. Popcat's resurgence coincides with Bitcoin's breakout from the recent four-month slump.
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