Tether’s US dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential crypto rally. Tether’s USDT, the world’s largest stablecoin, surpassed the milestone on October 20th, according to the firm’s website, which offers live updates of the stablecoin’s supply.
Intel and AMD said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings. Intel invented what is known as the x86 computing architecture, a technology that for 40 years has powered the world’s laptops.
Oil prices tumbled more than 4% to a near two-week low due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a supply disruption.
The Oil-Dollar pair dove 1.0% in the last session. The MACD is giving a negative signal.
Support: 67.122 | Resistance: 73.662
Crypto asset manager Grayscale has added 35 crypto altcoins, including Dogecoin, Worldcoin, Pyth and Rune, to a list of assets that are “under consideration” for future investment products.
Shares of Nvidia neared record highs, putting the heavyweight AI chipmaker on the brink of dethroning Apple as the world’s most valuable company. With investors betting on strong demand for its next-generation Blackwell AI processors, the company’s stock climbed 2.8%.
The last session saw Nvidia shares gain 1.2%. According to the RSI, we are in an overbought market.
Support: 134.8 | Resistance: 142.83
According to latest report, ‘Political shift’ drives $407M inflows to crypto products. Cryptocurrency investment products posted another successful week as Bitcoin led weekly inflows with $419 million. Digital asset investment products saw inflows of $407 million during the week to October 11th, CoinShares reported in its latest Weekly Report.
The Bitcoin-Dollar pair skyrocketed 4.7% in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 59801 | Resistance: 71141
