The Arbitrum Foundation, the team responsible for the Ethereum rollup-based layer-2 network Arbitrum, has committed substantial resources to developing the gaming industry within its ecosystem. The proposal sets aside 225 million Arbitrum tokens valued at approximately $215 million to be distributed over three years through the newly established Gaming Catalyst Program.
Nvidia rallied to record highs, with the artificial intelligence chipmaker’s valuation breaching the $3 trillion mark and overtaking Apple to become the world’s second most valuable company.
The Silver-Dollar pair exploded 1.4% in the last session. The ROC is giving a positive signal.
XAG/USD exploded 1.4% in the last session.
The ROC is currently in positive territory.
Support: 28.3961 | Resistance: 31.4342
Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia’s hardware this year, CEO Elon Musk said. Musk also said that out of the $10 billion in artificial intelligence-related capital expenditure this year, around half would be internal spend.
Tesla’s stock price remained largely unchanged in the last session. The CCI is giving a negative signal.
Support: 169.7733 | Resistance: 185.7633
Oil prices fell more than $1 a barrel on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.
The Oil-Dollar pair plummeted 1.5% in the last session. The CCI indicates an oversold market.
Support: 71.661 | Resistance: 79.061
The U.S. dollar edged higher from its more than two-month lows against the euro, sterling and Swiss franc, as investors consolidated gains in other currencies ahead of a key nonfarm payrolls report later this week.
