The question, then, is not merely whether one should acquire shares in this company, but whether one is not a fool to hesitate. For a gain of such magnitude invites scrutiny, and the wary investor demands to know: is this a true ascent, or merely a fleeting bubble inflated by the whims of fashion? Is the price demanded now a reflection of genuine worth, or simply the consequence of an excess of enthusiasm?
Luca, the crypto analyst with a taste for dramatic irony, recently reminded us that Ethereum’s latest descent below the elated purple zone swung the entire architecture into a mirror‑image of a broken mirror (but no, it’s not a visual metaphor; it’s the price chart). After that nostalgic hit and the subsequent rejections, the scales tipped towards a glorified “not in your money” sentiment. The green band, our old friend that once drew as many buyers as a free pizza at a hackathon, remains a hotspot for whoever still thinks “go long” is the answer.
In theory, the project plans to bump up transaction speeds of L1 and L2 protocols to a mere 10,000 transactions per second (TPS) and 10 million TPS, respectively. Because who doesn’t want faster transactions, right? This magical feat will be accomplished using some impressive-sounding technologies like embedded zero-knowledge provers (zkEVMs) and data availability sampling, which is, no doubt, Greek to most of us. But hey, it sounds cool.
The numbers themselves were, shall we say, robust. Revenue soared to $68.13 billion – a 73% increase. Operating income? A handsome $44.30 billion. Net income, a positively indecent $42.96 billion. One might suspect a misprint, were it not for the sheer consistency of Nvidia’s upward trajectory. It’s enough to make a statistician weep with joy, or perhaps, envy.
They clocked in with 17% revenue growth last quarter, hitting $91.4 million. Not bad, right? It’s like being mildly surprised you found matching socks. Adjusted earnings per share? A little less exciting. Up from $0.02 to $0.04. Which, let’s be honest, still requires a magnifying glass. But they did manage $23.5 million in free cash flow. Which is enough to buy a really nice corporate retreat…or, you know, reinvest in the actual business.
They speak of a streak. A quarter here, a quarter there. Each increment a small victory against the tide of uncertainty. Four years of consistent growth. A calendar marked not with holidays, but with the predictable arrival of a distribution. A man can almost set his life by it. The machine hums, and a trickle falls his way. The company claims a cushion – 1.8 times the distribution covered by earnings. A comfortable margin, they say. But comfort is a fleeting illusion. It’s merely the space between one worry and the next.
Multiple on-chain, derivatives, and institutional indicators show early signs of stabilization. However, key signals still point to a fragile recovery rather than a confirmed bullish reversal.
The closing bell found Circle elevated, a brief blossoming in the long, grey garden of finance. One wonders, of course, how long the petals will hold.
The story, as it’s being told, is that AI data centers are ravenous for memory. DRAM and NAND flash, specifically. Demand is up, supply is… lagging. Prices are soaring. Therefore, profits for Micron and Sandisk. It’s all so… neat. Too neat, perhaps. It reminds me of that time I tried to organize my spice rack. Looked good for about five minutes, then everything just… collapsed.
Tether ( USDT ) has begun a subtle waltz of decline, a rhythm the crypto realm has not heard in years. Dropping 0.8% this month, it now rests at $183.6 billion, down from a record $186.8 billion in January-a descent that sends ripples through the ecosystem where stablecoins are the quotidian lifeblood of trading, cross‑border transfers, and even quotidian payments in some corners of the world.
