Day: January 28, 2025

DeepSeek Eclipses Bitcoin | Watch These 5 Altcoins for Gains 

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DeepSeek, a Chinese startup, launched its latest AI model, competing with industry-leading Large Language Models in the U.S. at a fraction of the cost, disrupting Bitcoin, crypto and the AI agent economy.  The apps roll-out on the Apple App Store over the weekend saw users rush to download the application, driving its popularity and ushering a correction in Bitcoin and AI agent tokens on Monday. The AI model’s launch wiped out $2.5 billion from agent tokens.  Bitcoin (BTC), altcoins and crypto tokens are attempting to recover from the shockwaves sent…

Expert suggests having Panshibi alongside Bitcoin and Cardano in 2025

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin and Cardano’s momentum waning, an expert suggests including Panshibi in portfolios. In 2024, Bitcoin (BTC) experienced significant growth. However, its price is currently consolidating. Additionally, recent news regarding Cardano (ADA) indicates a bearish outlook.  In contrast, Panshibi (SHIBI) is getting attention as a promising option. A prominent expert suggests that the new altcoin could experience a massive rally following its launch, with a target of 100x gains.…

A Final Leg Up or Just the Beginning? Analyst Weighs In

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Dogecoin Whales Accumulate 450 Million DOGE During Recent Price Dip – Time For A Breakout?

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Este artículo también está disponible en español. Dogecoin (DOGE) has faced intense selling pressure since January 18, when it hit a local high of $0.43, leading to a significant price decline. However, the meme-inspired cryptocurrency has demonstrated resilience, finding strong support at the $0.31 level. This critical demand zone has prevented further downside, fueling optimism among investors and analysts that Dogecoin might be gearing up for a new surge. Related Reading The recent dip has not deterred major players in the market. Top crypto analyst Ali Martinez shared compelling data…

Arizona Senate Approves Bill to Create Strategic Bitcoin Reserve

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Arizona’s decision to explore investments in digital assets, such as bitcoin is indicative of a growing tendency in states to diversify public finances. Arizona Takes Major Leap Toward Strategic Bitcoin Reserve Arizona lawmakers have taken a significant step toward embracing bitcoin, with the state Senate Finance Committee approving the “Arizona Strategic Bitcoin Reserve Act” (SB1025) […] Original

Bitcoin remains a ‘safe harbor’ as DeepSeek concerns linger, says deVere CEO

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Chinese AI startup DeepSeek raised concerns as its overnight rise to prominence highlighted potential risks to American artificial intelligence and economic dominance. U.S. equity markets and cryptocurrencies traded sharply lower on Monday, with Bitcoin (BTC) falling below the $100,000 mark and the equity market losing $1 trillion in value. However, Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory firms, urged investors to remain calm. He argued in a note that Bitcoin is not tied to the performance of any single company or nation. Bitcoin’s…

XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85

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Este artículo también está disponible en español. After facing a significant crash to $3.7, XRP bulls are making a strong comeback, attempting to break above resistance levels and establish a new price target. With this in mind, a crypto analyst forecasts that if the asset surpasses this resistance, it could skyrocket to $3.85, potentially climbing even higher to hit the $6.5 mark. XRP Bulls Push Toward $3.85 ATH Price During the bull run in 2018, the XRP price hit its current All-Time High (ATH), skyrocketing to the $3.84 level. Now,…

Memecoins To Mature By 2030? CEO Sees Stability On The Way

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Este artículo también está disponible en español. The so-called memecoins, initially dismissed as something of a passing internet joke, now seem to have a big possibility of turning into a more serious asset class in the crypto space. According to analysts, by 2030, these coins are likely to experience significant maturation, transitioning from speculative plays into recognized components of the financial ecosystem. Related Reading Current Status Of Memecoins Currently, memecoins like Dogecoin and Shiba Inu are primarily fueled by social media hype and speculative trading. Their value can be extremely…

Hive Digital’s Paraguay Purchase to Quadruple Bitcoin Mining Capacity by Late 2025

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Hive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its global mining capacity to 25 exahash per second (EH/s) by September 2025. Hive Digital Expands to 430 MW Global Capacity with Paraguay Hydro-Powered Site The $56 million deal includes a 240 MVA substation, […] Original