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(Financial Express)-06/02/2025DeepSeek, a Chinese AI startup, has suddenly emerged as a threat to the dominance the US tech and AI industry enjoyed over the last few years. Global investors and analysts predict DeepSeek could have a significant impact on the fortunes of US tech stocks and thereby, the global markets.In particular, DeepSeek challenges major American […]

(GLG)-06/02/2025As companies around the world race to keep up with the latest developments in AI, Chinese firm DeepSeek jolted the space on January 23 when it debuted its “R1” large language model (LLM), sending reverberations across markets.To understand the wide-ranging impact of DeepSeek-R1’s launch, GLG’s Evan Moore sat down with industry veteran William Fong, PhD, […]

(HBR)-06/02/2025DeepSeek’s launch of its R1 model in late January 2025 triggered a sharp decline in market valuations across the AI value chain, from model developers to infrastructure providers. Investors saw R1, a powerful yet inexpensive challenger to established U.S. AI models, as a threat to the sky-high growth projections that had justified outsized valuations. For those who […]

(Aljazeera)-06/02/2025DeepSeek, a little-known Chinese startup, has sent shockwaves through the global tech sector with the release of an artificial intelligence (AI) model whose capabilities rival the creations of Google and OpenAI.DeepSeek-R1’s creator says its model was developed using less advanced, and fewer, computer chips than employed by tech giants in the United States.In a research […]

(Crypto News)-05/02/2025Binance reports that Ethereum (ETH) stood as their top cryptocurrency search on February 3, 2025, even though its market value dropped by 12.1% during the previous day. ETH maintains its dominance in Binance with a trading volume of 13%.Among all cryptocurrencies, Bitcoin (BTC) claims the position as the second most-searched coin although it holds […]

(Crypto News)-05/02/2025As Bitcoin mining faces rising costs and competition, miners are turning to hashrate derivatives for risk management and financial stability. Experts weigh in on this evolving trend in the industry.Cryptocurrency asset manager Grayscale recently stated that the Bitcoin mining industry is essential for maintaining the Bitcoin network’s transparency and long-term security.Although miners play a critical role […]

(Crypto News)-05/02/2025Cryptocurrencies tumbled early Tuesday after China announced its retaliatory measures against the U.S., including a probe into Google and new levies on American goods.Crypto is still reeling from the global market rout that saw over $2.2 billion in liquidations caused by investor uncertainties following tariffs from the U.S.The top 10 cryptos excluding stablecoins have reacted negatively […]

(Crypto News)-05/02/2025China has responded swiftly to new U.S. trade measures, imposing tariffs on a range of American imports just minutes after the latest U.S. levies took effect.At 12:01 a.m. ET (05:01 GMT) on Tuesday, a 10% tariff on all Chinese imports into the U.S. came into force, as announced by President Donald Trump.In retaliation, China’s […]

(Crypto News)-05/02/2025President Donald Trump on Monday, signed an executive order for the creation of the nation’s sovereign wealth fund. The move has already sparked curiosity over potential Bitcoin acquisitions.The executive order directs US treasury and commerce departments to deliver a plan “within 90 days” for the creation of a sovereign wealth fund.“We have tremendous potential,” said President […]

(Crypto News)-29/01/2025The US Senate has voted to confirm crypto advocate and billionaire hedge fund manager Scott Bessent as the Treasury Secretary. The vote ended with the majority of 68 in favor, confirming that Bessent will formally be joining Trump’s cabinet.Scott Bessent has been an outspoken advocate for blockchain and digital assets. His confirmation adds hope […]

(Crypto News)-29/01/2025The European Central Bank (ECB) has reiterated its push for a digital euro, citing US President Donald Trump’s recent executive order promoting dollar-backed stablecoins as a key driver.According to a Jan. 24 Reuters report, ECB board member Piero Cipollone said that Trump’s order, which aims to “promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide,” could […]

(Crypto News)-29/01/2025On January 27, co-founder Michael Saylor revealed that MicroStrategy had acquired 10,107 BTC for $1.1 billion in an effort to bolster its Bitcoin holdings.MicroStrategy’s Ongoing Bitcoin Accumulation as the Rally WanedAccording to the company’s latest 8-K form, the Virginia-based organization now holds 471,107 Bitcoin amounting to $30.4 billion at $64,511 per Bitcoin.Saylor’s Monday X […]

(Crypto News)-29/01/2025More than one in five Russians trade or hold meme coins, a new survey has found, as the popularity of “hype”-generated tokens spreads globally.Per the media outlet Gazeta.ru, the survey of 3,000 Russians aged 18 to 60 was conducted by the financial services provider Vyberu.21% of Russians Trade Meme CoinsThe firm found that 21% of respondents […]

(Crypto News)-29/01/2025After years of uncertainty around digital assets in the United States, President Donald Trump has vowed to make America the world’s leading crypto nation.The newly elected US President has already signed an executive order to establish regulatory clarity around digital assets.The order includes the creation of a “digital asset national stockpile,” along with prohibiting the creation […]

(Crypto News)-22/01/2025Billionaire Mark Cuban, who owns the Dallas Mavericks, said Friday that he is considering issuing a meme coin, mirroring the structure of President Donald Trump’s recent crypto project $TRUMP.The meme project will use terms similar to the $TRUMP coin, which has a 20% float. At launch, only 20% of the total supply, or 1 […]