Curious facts about DeepSeek: It’s not AI’s ‘Sputnik Moment,’ it has erotic dreams about censorship, you can run it at home for $6K. AI Eye. Source: https://cointelegraph.com/magazine/9-weird-things-about-deepseek-r1-ai-eye/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Bitcoin Market Cycle Reflects Structural Similarities to 2015–2018, Says Glassnode
Bitcoin’s current bullish trajectory exhibits striking similarities to the 2015–2018 market cycle, as illuminated in a recent Glassnode report co-authored by analysts Cryptovizart and Ukuria OC. Bitcoin’s ‘Calm Before the Storm’: Data Reveals 2015-Like Countdown to Price Explosion The leading cryptocurrency’s price gains have moderated progressively across successive cycles, signaling an evolution toward a more […] Source: https://news.bitcoin.com/bitcoin-market-cycle-reflects-structural-similarities-to-2015-2018-says-glassnode/
BTC price taps $106K as US GDP miss boosts Bitcoin bull case
Bitcoin continues to flirt with a breakout toward all-time highs as macro tailwinds strengthen. Source: https://cointelegraph.com/news/btc-price-taps-106k-us-gdp-miss-boosts-bitcoin-bull?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This Meme Coin Saved Solana
This Meme Coin Saved Solana After Sam Bankman-Fried’s FTX collapsed in 2022, the future of Solana looked bleak. But from the fraud-fuelled ashes came a meme coin that saved the network. Bonk was created and airdropped to a ton of Solana developers as a way to bring back fun vibes to the network. In many ways, it worked. Source: https://decrypt.co/videos/interviews/9MGDjTDv/this-meme-coin-saved-solana
Xsolla ZK Uses Zero-Knowledge Technology to Create ‘Digital Backpack’ for Game Devs
Video game commerce company Xsolla has launched its Xsolla ZK chain on Ethereum’s Sepolia testnet, introducing a “digital backpack” for on-chain virtual items. Using Xsolla ZK’s “digital backpack,” developers, item creators and gaming infrastructure providers will be able to store and manage in-game items on-chain. “Xsolla ZK is not just about innovation; it’s about creating real value for the gaming…
Kraken launches new onchain staking product for U.S. clients
We are excited to announce the launch of a new staking product for U.S. clients in 37 states and 2 territories, providing a straightforward and secure means for clients to participate in the security of supported networks. We plan to expand access to users in more states as permitted. Starting today, clients residing in eligible states will be able to…
Venmo Founder’s JELLYJELLY Solana Token Surges to $250 Million Market Cap
One of the Venmo co-founders, Iqram Magdon-Ismail, and an early investor in the mobile payment app, Sam Lessin, have launched a token on Pump.fun called Jelly-my-jelly (JELLYJELLY), which quickly soared to a $250 million market cap. The token is expected to support the pair’s upcoming JellyJelly video sharing app. Despite its origins, the token’s rumored utility actually excludes it from the…
Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards
According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. […] Source: https://news.bitcoin.com/tesla-sees-600-million-boost-in-bitcoin-holdings-under-new-accounting-standards/
Czech $7B Bitcoin reserve proposal sparks criticism over BTC volatility
Czech National Bank is set to vote on a $7 billion Bitcoin reserve proposal, but Finance Minister Stanjura warns against BTC’s volatility. Source: https://cointelegraph.com/news/czech-national-bank-bitcoin-reserve-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto hacks drop 44% YoY in January, CeFi top target with $69M loss
Crypto hacks dropped 44% year-over-year in January, but CeFi remains the prime target, accounting for 93% of total losses, Immunefi said. Source: https://cointelegraph.com/news/crypto-hacks-january-2025-cefi-immunefi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound