Cryptocurrencies

SK Hynix fell 13% as Nvidia's OpenAI bet, China's CXMT listing, and AI capex doubts hit chip stocks.

Roughly $80 billion left the space during the Tuesday morning crash.

Some traders dismissed the ambitious forecast, while others argued a five-figure ETH price is far from unrealistic.

Bitmine's stock jumped 13% as its Ethereum treasury strategy and buybacks win over Wall Street investors.

Charles Hoskinson insists Cardano’s best days are still ahead, even as ADA trades roughly 95% below its 2021 all-time high and the community questions the project’s direction.

The KOSPI plunged 8.10% to 6,208.34 on Tuesday morning, deepening a global semiconductor rout. SK Hynix sank 11.01%, and Samsung Electronics dropped 9.45%, a day before the memory giant reports quarterly earnings. The selloff spread from Wall Street to Seoul and rippled into crypto markets, dragging Bitcoin lower.

Arthur Hayes bought $6.39M more ETH hours before ether fell to $1,872, extending a $13.87M buying streak.

Tom Lee says AI capex fear is a bullish signal, contrasting Steve Eisman's warning ahead of the Fed's rate decision this week.

Jim Cramer says Washington's control of Ohio's power supply makes the US a quiet backstop for Nvidia.

Dan Niles says Apple's AI missteps saved it from a capex trap, but warns its valuation carries risk into earnings.