With DeepSeek forcing American AI companies to consider whether they’re pouring excessive funds into their AI projects, the AI industry is poised for a potential revolution. The Chinese AI startup’s R1 model isn’t only better than industry leaders ChatGPT 4o, Claude, and Llama, but it’s also far cheaper and more efficient. Even Sam Altman, CEO of OpenAI, came out in appreciation of DeepSeek, calling it “impressive.” He also added that he’s thrilled to have a new competitor and that OpenAI is working on delivering “much better models.” Additionally, Trump also…
Day: January 28, 2025
DeepSeek Predicts Bitcoin Peak At $500,000: Here’s When
Este artículo también está disponible en español. DeepSeek, the Chinese open-source AI model making waves in Silicon Valley, is extremely bullish on Bitcoin, predicting a potential peak of between $500,000 and $600,000 by the first quarter of 2026. This bold outlook emerged after the AI was asked to factor in both historical models and on-chain data, alongside a pro-Bitcoin approach from President Trump. DeepSeek’s Bitcoin Price Prediction DeepSeek begins by discussing what it calls the “Key Implications of the Crypto Executive Order,” which it believes would change the calculus for…
Analyst Charts Roadmap To $117,000, What You Should Know
Este artículo también está disponible en español. Bitcoin’s price action in the past 24 hours has been characterized by intense volatility as it touched both the lower and upper ends of $98,380 and $103,369, respectively. Technical analysis of the Bitcoin price action on the weekly candlestick timeframe shows that the leading cryptocurrency is on the path to a price target of $117,000. An analyst on the TradingView platform has outlined a detailed roadmap for Bitcoin’s journey to this $117,000 price target, highlighting a series of key price zones and market…
Metaplanet Raises $745 Million for Largest Bitcoin Purchase in Asia
The strategic bitcoin roadmap by Metaplanet for 2025 and 2026 will see the company establish itself as one of the largest bitcoin owners globally. Metaplanet Doubles Down on its Bitcoin Position Metaplanet, fondly known as Asia’s MicroStrategy, has announced that it will raise approximately $745 million (¥116 billion) for more bitcoin purchases by issuing 21 […] Original
Arizona Senate committee advances Bitcoin reserve bill
The Arizona Senate Finance Committee has approved SB1025, also known as the “Arizona Strategic Bitcoin Reserve Act.” The Act was approved in a 5-2 vote. Co-sponsored by State Senator Wendy Rogers and Representative Jeff Weninger, the bill seeks to allow up to 10% of Arizona’s public funds, including state treasurer and retirement system reserves, to be invested in Bitcoin (BTC) and other digital assets. The bill will now proceed to the Senate Rules Committee, which will establish guidelines for debate and potential amendments on the Senate floor. If approved by…
Deepseek Mania Triggers Widespread Losses for Publicly Traded Crypto Firms and Bitcoin Miners
As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks Suffer Heavy Losses A total of 32 publicly traded mining firms endured sharp declines yesterday, largely attributed to the market […] Original
Bitcoin Finally Turns $100K Into Support – Ready To Rally Higher?
Este artículo también está disponible en español. Bitcoin experienced a rollercoaster start to the week as the cryptocurrency dipped 5% below the critical $100K mark, only to recover and climb back above it. Monday’s price action highlighted the ongoing volatility in the market, leaving investors divided on Bitcoin’s next move. Some analysts are calling for a surge above the all-time high (ATH), while others warn of a potential continuation of the recent decline. Related Reading Market sentiment remains mixed, with uncertainty dominating investor decision-making. However, Bitcoin’s resilience above the $100K…
Ripple CEO wilt meer dan alleen BTC in crypto reserves
Ripple CEO Brad Garlinghouse wil meer dan alleen Bitcoin in crypto reserves en pleit voor een multichain aanpak. Volgens hem zou een nationale digitale asset reserve niet beperkt moeten blijven tot BTC, maar ook altcoins zoals XRP en Ethereum moeten omvatten. Dit zou de hele cryptosector ten goede komen en samenwerking stimuleren in plaats van rivaliteit. In dit artikel gaan we dieper in op de impact van een gediversifieerde crypto reserve en welke crypto hier mogelijk van kunnen profiteren. Crypto reserve: Meer dan alleen Bitcoin? Brad Garlinghouse, de CEO van…
Nvidia’s stock crash won’t stop analysts: Bitcoin bullish
Despite a significant crash in the tech stock market, particularly affecting Nvidia, analysts remain optimistic about Bitcoin’s future. The tech industry is witnessing a seismic jolt with the launch of DeepSeek’s AI model, competing with OpenAI’s ChatGPT in a neck-with-neck fashion. The tech stock market has crashed, and ripples have been felt in the crypto market as well. However, analysts remain bullish on Bitcoin (BTC). The effects of this have rippled across the tech-related stock market, resulting in a historic $600 billion wipeout of the U.S. tech sector, as per…
XRP Rebound Gains Traction As Bulls Aim To Sustain The Momentum
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…