The post Nvidia Stock Price Falls 2.3% Despite d-Matrix Partnership appeared first on Coinpedia Fintech News Nvidia stock fell 2.35% Thursday even after announcing a collaboration with AI inference chipmaker d-Matrix. Under the deal, d-Matrix will use Nvidia’s NVLink Fusion to connect its next-generation Raptor XPUs to Nvidia’s AI platform, giving the chipmaker a path to deploy its custom chips at large AI data centers. Raptor will rely on Nvidia’s NVLink …

The post Dow Jones Today Drops As Fed Rate Hike Bets Surge To 70% appeared first on Coinpedia Fintech News US stocks are sliding as oil climbs above $100 a barrel and August producer prices came in hotter than expected. PPI rose 5.4% year-on-year, above the 5.3% forecast, while core PPI jumped to 4.6% from 4.3%. September rate hike expectations rose to 70%, up from 60%. Dow futures are down 0.33%, Nasdaq futures down 1%, …

The post Crypto Market News: Bitcoin Price Holds While Ethereum, XRP Crash 5% appeared first on Coinpedia Fintech News The total crypto market cap fell to $2.71 trillion, down 3.0% over the past 24 hours. Bitcoin is holding relatively steady at $77,285.98, also down 3.0%, but altcoins are bearing the brunt of today’s selloff. Ethereum dropped to $2,438.53, XRP fell to $1.36, and Solana slipped to exactly $100.00, all posting losses in the 3-5% …

The post Bitcoin Price Crashes $1,200 As Treasury’s Bond Rescue Backfires appeared first on Coinpedia Fintech News Bitcoin fell $1,200, dropping below $77,000 and now trading at $77,260.27, down 3.0% over 24 hours, after August Producer Price Index data came in hotter than expected. More than $190 million in long positions were liquidated within an hour of the move. The selloff comes as the Treasury’s $6 billion bond buyback failed to stop …

The post Coinbase CEO: CLARITY Bill Is “Ready” For A Yes Vote appeared first on Coinpedia Fintech News Coinbase CEO Brian Armstrong says the crypto industry comes out ahead regardless of how the September 15 Senate vote on the CLARITY Act goes. Speaking on CNBC Thursday morning, Armstrong said passage would deliver formal legislation, while a failed vote would still push the SEC and CFTC to step in with their own rules. Armstrong …

The post Charles Schwab Reveals $4.8M XRP ETF Exposure, Yet Price Drops 5% appeared first on Coinpedia Fintech News Charles Schwab’s Prime Advantage Money Fund has disclosed nearly $4.8 million in XRP ETF shares used as collateral, pointing to growing institutional use of XRP linked products.  Despite the Charles Schwab XRP ETF disclosure, XRP continues to fall, dropping 5% to around $1.36. Schwab Reports $4.8M in XRP ETF Collateral According to the Form N-MFP3 …

The post Clarity Act Update: Treasury Secretary Bessent urges lawmakers to pass the Bill appeared first on Coinpedia Fintech News The CLARITY Act, which now appears increasingly likely to fail, has received a fresh push from one of its key supporters. U.S. Treasury Secretary Scott Bessent is urging lawmakers to move forward with the bill as a key Senate vote approaches.  The push comes just days before the September 15 cloture vote. Bessent Pushes Senate …

The post Vymopay Launches Shield Address, a New Anonymous Crypto Wallet Standard appeared first on Coinpedia Fintech News Vymopay, a non-custodial digital asset platform built inside Telegram, has launched Shield Address — a privacy feature that lets users accept crypto payments without exposing their real destination wallet to the sender. The launch targets a specific moment of vulnerability: the CEX withdrawal. When a user withdraws from a centralized exchange, the destination address they …

The post XRP News: Two Major Events Could Impact XRP Price on September 11th appeared first on Coinpedia Fintech News XRP price is set to face two separate events on Friday that could affect market attention: the August U.S. Consumer Price Index (CPI) report and an XRP Ledger (XRPL) amendment activation. The CPI report is scheduled for 8:30 a.m. ET, while the XRPL amendment is expected to activate at 11:15 a.m. ET. The two events …

The post Kraken: Nasdaq Invests $100 Million in Payward at $21 Billion Valuation appeared first on Coinpedia Fintech News Nasdaq is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, through its venture investment arm, according to Bloomberg. The investment values Payward at $21 billion and deepens a strategic partnership established between the companies in March. The firms aim to accelerate next-generation market infrastructure supporting the trading, settlement and custody of …