Belarus is preparing to launch its own official cryptocurrency. President Alexander Lukashenko recently disclosed this development to journalists, adding that Belarus has a surplus of electricity. Belarus Preparing to Issue a National Cryptocurrency, President Lukashenko States More countries are preparing to issue cryptocurrencies, as digital assets are gaining traction in international markets. Belarus is currently […] Source
Day: January 28, 2025
Bitcoin (BTC) Rebounds as DeepSeek Concerns Wane, AI Tokens Regroup
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is showing signs of stabilizing, with bitcoin recovering to $102,000 and positive signals from futures tied to the Nasdaq. Leading the recovery among major cryptocurrencies is XRP, up 11%, followed by SOL with a 7% increase. AI coins, hit hard on Monday, are posting gains of as much as 4%. Risk sentiment is likely being supported by skepticism surrounding the claims of Chinese tech startup DeepSeek, which asserts it spent only $6 million to develop its competitor to…
New Ethereum Addresses Hit 200K: What Caused The Spike?
Este artículo también está disponible en español. Ethereum adoption is soaring, with the network just passing a critical milestone that has analysts forecasting a price recovery. Related Reading On January 24th and 25th, Ethereum experienced a rise in daily active addresses, exceeding 200,000—a number not seen since October 2022. This huge increase reflects the network’s increased engagement and importance in decentralized finance (DeFi) and non-fungible tokens (NFT), Glassnode data shows. Ethereum Network Activity And User Engagement The increase in daily active addresses is one of the most important measures of…
Metaplanet raises $745m to expand Bitcoin holdings in bid for Asia’s largest crypto deal
Japanese investment firm Metaplanet has unveiled a strategic plan to acquire 21,000 BTC by 2026. Metaplanet, a public Tokyo-based investment firm, is setting its sights on becoming one of the largest corporate Bitcoin (BTC) holders in the world. The firm outlined in a Jan. 28 press release ambitious plans to acquire 21,000 Bitcoin by 2026. To achieve the goal, Metaplanet will issue 21 million shares to raise ¥116.65 billion (around $750 million), the largest equity capital raise for Bitcoin in Asia so far. “Metaplanet’s 2025-2026 Bitcoin Plan reflects our commitment…
Jason Lowery Makes the Case for Bitcoin as the Global Reserve
Jason Lowery, author of Softwar, a thesis highlighting the national significance of bitcoin, has recently remarked on the strengths of the top digital asset as the world’s reserve cryptocurrency. Jason Lowery: Countries to Choose Bitcoin Because ‘It Operates Beyond U.S. Control’ The independent traits of bitcoin, which can serve as a decentralized, non-linked reserve asset, […] Original
$MIND AI Presale to 100x as DeepSeek Beats Big Players
The launch of DeepSeek V3 has sent shockwaves through the US stock and crypto markets. Word that the AI model built by Chinese startup DeepSeek is superior to its American counterparts has made the US markets and AI industry see red. Not only is DeepSeek the most resource-efficient AI model the world has seen, but it outperforms the likes of ChatGPT 4o, Claude, and Llama. And that isn’t even the most scary part. DeepSeek offers superior results at a fraction of the cost of competitors like OpenAI, Google, and Meta.…
Debunking data protection myths about AI
Sophia Ignatidou, Group Manager for AI Policy From unlocking medical breakthroughs to revolutionising public services in the UK, AI has huge potential to transform our lives for the better. Across the economy, businesses seem excited about investing in AI to drive growth and innovation, while the tech is inspiring vibrant discussions amongst policymakers and the public alike. Earlier this month, the Government committed to fast-tracking AI adoption in a new ambitious action plan. AI is really at the top of everyone’s agenda this year – including ours. My team has…
Dogecoin Rally To $0.35 Could Trigger Massive Short Squeeze
Este artículo también está disponible en español. Dogecoin (DOGE) could be on the cusp of a significant price move that might ignite a powerful short squeeze, according to analyst Ali Martinez (@ali_charts). He pointed out on January 27, via X, that “$766.45 million in short positions will be liquidated if Dogecoin DOGE rebounds to $0.35,” implying that bearish traders stand on precariously thin ice. Massive Dogecoin Short Squeeze Incoming? A look at the up-to-date liquidation heatmap from Coinglass shows hefty short positions clustered between roughly $0.339755 and $0.34368. Coinglass data…
Cardano (ADA) Holding Key Level Despite 14% Drop, $1.30 Next?
Este artículo también está disponible en español. In the past day, Cardano (ADA) has seen a 14% retrace amid the crypto market’s pullback. The cryptocurrency recently saw its price lose the $1 mark, descending below $0.90 on Monday morning. Despite the drop, some market watchers shared a positive outlook for ADA, asserting that a rebound to $1.30 could be around the corner. Related Reading Cardano Holds Key Higher Timeframe Support Cardano, alongside the rest of the market, ended the week with a Sunday bleeding, registering seven consecutive red candles yesterday…
$54 Million In Dogecoin Exits Binance As Price Crashes 9%: Sign Of Buying?
On-chain data shows a Dogecoin whale has withdrawn a large sum from the cryptocurrency exchange Binance, a sign that may be bullish for the DOGE price. Dogecoin Whale Makes Massive Binance Withdrawal After Crash According to data from the cryptocurrency transaction tracker service Whale Alert, a massive transaction has been spotted on the Dogecoin blockchain during the past day. The transfer in question saw the movement of 175,274,112 DOGE across the network, worth around $54.7 million at the time the sender executed the move. Given the size of the transaction,…