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Clock Is Ticking on Bitcoin, Cornell University Professor Says It Has ‘No Fundamental Value’

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A Professor at Cornell University says Bitcoin (CRYPTO: BTC) “may not last that much long.”

What Happened: Eswar Prasad, senior professor of international trade policy at Cornell University, told CNBC’s “Squawk Box Europe” that he believes “Bitcoin’s use of the blockchain technology is not very efficient.”

Prasad said he thinks the apex cryptocurrency “doesn’t scale up very well” and that newer cryptos are using blockchain technology more efficiently.

Another concern the professor has with Bitcoin is that it uses “a validation mechanism …

Full story available on Benzinga.com

Source Here: benzinga.com

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If You’re Selling Nvidia Stock Because of Arm Deal Developments, Jim Cramer Thinks ‘You’re a Fool’

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Who is selling NVIDIA Corporation (NASDAQ: NVDA) with the stock already down more than 20% this month? That’s the question Jim Cramer pondered Tuesday when he analyzed the semiconductor stock on CNBC’s “Mad Dash” segment. 

What Happened: Nvidia continued on its downward trajectory Tuesday morning after a Bloomberg report suggested the company is “quietly” preparing to abandon its purchase of British chipmaker Arm Ltd. from SoftBank Group.

According to the report, Nvidia told its partners it doesn’t expect the transaction to close, …

Full story available on Benzinga.com

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Big Data Platform Market Outlook 2022 to 2031 – Microsoft, Google, Aws, Ibm the Oxford Spokesman

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Big Data Platform Market Outlook 2022 to 2031 – Microsoft, Google, Aws, Ibm The Oxford Spokesman The Oxford Spokesman

Original Source: oxfordspokesman.com

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Nvidia Quietly Looks to Dump Its Arm Ambitions

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NVIDIA Corp (NASDAQ: NVDA) is quietly preparing to abandon its purchase of Arm Ltd from SoftBank Group (OTC: SFTBY) (OTC: SFTBF) on bleak prospects of winning approval for the $40 billion chip deal, Bloomberg reports.
Nvidia expressed pessimism to its partners regarding the …

Full story available on Benzinga.com

Source Here: benzinga.com

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