US Approves Nvidia H200 Sales to Some Chinese Firms, Including Tencent, Alibaba

The U.S. government has approved Nvidia Corp. to sell its high-performance H200 artificial intelligence chips to about 10 Chinese companies, Reuters reported. Reuters, citing multiple sources, reported on May 14 that the U.S. approved sales of Nvidia

Ledger Pauses US IPO Plans as Market Conditions Worsen

French cryptocurrency wallet maker Ledger has paused its plans for a US stock market listing. CoinDesk reported on May 13, citing multiple sources, that Ledger recently decided to put its planned US initial public offering on hold. The company has no

Bitcoin Falls Below $80,000; Kimchi Premium Turns Negative at -0.47%

Bitcoin fell below $80,000. As of 10:55 p.m. in South Korea on May 13, Bitcoin was trading at $79,676.91, down 1.18% from a day earlier, according to CoinMarketCap. The cryptocurrency was down 2.47% from a week earlier. The kimchi premium also turned

Bitwise Says GENIUS Act Unlocked Crypto Funding, Sees CLARITY Act as Next Catalyst

Bitwise said fundraising in the cryptocurrency industry has accelerated since passage of the GENIUS Act, the U.S. stablecoin bill, and that the next catalyst could be the CLARITY Act, a digital-asset market structure bill. Matt Hougan, Bitwise’s chie

US Bitcoin ETFs See $233.2 Million Outflow, Reversing After One Day

US spot Bitcoin exchange-traded funds swung back to net outflows after one day of inflows. Farside Investors data showed US Bitcoin ETFs recorded net outflows of $233.2 million on May 12. That reversed the net inflows posted on May 11. Fidelity's FBT