Top Crypto News this Week: Nvidia Earnings, $10 Million HUMA Unlocks, THORChain Upgrade, and More

This week, several crypto news stories will make headlines with potential implications for tokens within their respective ecosystems.

From Nvidia earnings to network upgrades and token unlocks, traders can protect their portfolios by front-running the following events this week.

Nvidia Q2 Earnings

AI crypto coin traders could witness market volatility this week, caused by anticipation for Nvidia earnings on Wednesday, August 27.

According to Bloomberg, Wall Street analysts expect Nvidia to report $1.01 in adjusted earnings per share in its fiscal second quarter (Q2).

This would signify a 48% jump from the previous year, on revenue of more than $46 billion, up 54% from the same quarter a year ago.

“…Nvidia earnings aren’t just about one company — they’re about whether the AI cycle has the strength…” wrote Shay Boloor.

The second quarter report will be out after the market closes on Wednesday, making it a focal point for investors this week.

As the world’s top chipmaker by market cap, Nvidia’s results are a bellwether for the artificial intelligence boom, meaning impact on AI coins.

Nvidia earnings often drive AI-related crypto tokens like RNDR, FET, and AKT. Strong results fuel AI enthusiasm and speculative flows, while weak earnings risk dampens momentum across AI-linked crypto markets.

HeyAnon 1.0 Protocol Upgrade

Another crypto news item to watch this week is HeyAnon 1.0, one of the protocol’s biggest upgrades so far. Daniele Sesta announced it would happen this month, making it a key watch this week in crypto.

“We always wanted this: type the problem, get the solution executed. That’s HeyAnon 1.0. The biggest leap in crypto is live at the end of this month,” Daniele said in a recent post.

According to Daniele, it comes after months of work building the app’s foundation. While Daniel did not explicitly indicate the date of launch, recent posts suggest it will happen this week.

If you tried Hey Anon before, try it again next week. It will blow your mind.

— Daniele