Skip to main content

Featured Post

AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...

Crypto price today: Bitcoin shows minor jump but market remains flat

Cryptocurrency prices today reflected mildly positive cues as the world’s most popular digital coin, Bitcoin jumped above the $20,000 market after dipping below $19,000 last session. The slight jump in Bitcoin’s value translated into better market prospects. The global cryptocurrency market in the last 24 hours reached $938 billion after an increase of less than 1 percent. The total cryptocurrency trading volume in the last day stood at $101 billion.

Bitcoin remained the most dominant coin with a share of 41.4 percent, while Ethereum secured 13.9 percent. The world’s most popular cryptocurrency suffered a 56 percent fall earlier this year, crashing to the below-$19,000 mark. However, the coin showed slight uptick to circle around the value of $20,000.

Bitcoin price today

Steering away from its routine for the past seven days, Bitcoin rallied by a minor 1 percent in the last 24 hours. At the time of writing, the coin was trading at $20,233, according to CoinGecko. The total market cap Bitcoin held the same time was $387.8 billion, while the 24-hour volume was $27 billion.

Bitcoin has struggled to maintain a positive momentum due to insolvency of crypto hedge funds, such as Three Arrows Capital, which is currently liquidating its entire fund. The fund was ordered to go for liquidation, which could be to the tune of $2 trillion in what could be one of the biggest ever insolvencies of hedge funds for cryptocurrency.

Ethereum price today

Ethereum crashed marginally in the last 24 hours by around 0.4 percent. At the time of writing, Ether was trading at $1,083, with a 24-hour volume of $18.2 billion. In the last day, the second-most-popular ended up having a market cap of $130.9 billion.

Solana, dogecoin price today

Solana gained 4.8 percent in the last 24 hours to end up trading at $34.39, whereas dogecoin remained flat in the last day with a trading price of $0.06. Shiba Inu jumped more than 3 percent in the last 24 hours and was trading at $0.00001.

The post Crypto price today: Bitcoin shows minor jump but market remains flat appeared first on BGR India.



from BGR India https://ift.tt/ZAF9X45
via IFTTT

Comments