Bitcoin’s decline has rattled markets, with China’s Deepseek fueling volatility, yet an expert suggests this is no time to panic, hinting at hidden opportunities ahead. Bitcoin Price Sliding: Will Deepseek’s Impact Drag BTC Lower? Expert Explains Bitcoin’s recent slip below the $100,000 threshold has sparked apprehension among investors, but Nigel Green, CEO of the global […] Source: https://news.bitcoin.com/will-deepseeks-rise-send-bitcoin-price-spiraling-lower-expert-weighs-in/
Month: January 2025
AI DAO ai16z Becomes ElizaOS Amid Branding Confusion Concerns
AI decentralized autonomous organization ai16z has changed its name to ElizaOS following concerns from tech venture capital firm Andreessen Horowitz (a16z) over brand confusion. Eliza Labs founder Shaw Walters posted an update to ai16z’s Discord server on Sunday, positioning the change as a forward pivot. “As we continue to expand across multiple countries, develop our core technology, and foster an…
Blackrock-Backed Treasuries Arrive on XRP Ledger: Ripple Drives Institutional Adoption
Ripple is revolutionizing finance by launching tokenized U.S. Treasuries backed by Blackrock’s liquidity fund on the XRP Ledger, promising seamless access, stability, and institutional-grade security. Ripple Labs Teams With Ondo Finance to Tokenize US Treasuries on XRP Ledger Ripple Labs announced on Jan. 28 a collaboration with Ondo Finance to bring tokenized U.S. Treasuries to […] Source: https://news.bitcoin.com/blackrock-backed-treasuries-arrive-on-xrp-ledger-ripple-drives-institutional-adoption/
Here’s How US AI Giants Are Responding to DeepSeek’s Disruption
A small Chinese startup just forced America’s biggest tech companies to rethink how they build artificial intelligence. DeepSeek’s release of its R1 model, which reportedly matches or exceeds the capabilities of U.S.-built AI systems at a fraction of the cost, triggered a massive sell-off in tech stocks that erased nearly $600 billion from Nvidia’s market value alone. The shockwaves hit…
Is Ripple ‘Undermining’ Strategic Bitcoin Reserve Plans? Here’s What’s Going On
American crypto firms are still basking in their electoral victory after pulling off a remarkable political comeback and gaining influence in D.C. last November—but does a brewing civil war among their ranks now threaten to call the honeymoon off? Last week, President Donald Trump issued a much-anticipated executive order on crypto, making good on a promise to deliver the industry…
Alchemy Pay Secures Australian Registration
Singapore-based fiat-to-crypto payment solutions provider Alchemy Pay announced Jan. 27 that it had successfully registered as a Digital Currency Exchange Provider in Australia. Alchemy Pay Eyes Local Partnerships Singapore-based fiat-crypto payment solutions provider, Alchemy Pay, announced January 27 that it had successfully registered as a Digital Currency Exchange Provider in Australia. The registration, approved by […] Source: https://news.bitcoin.com/alchemy-pay-secures-australian-registration/
MOVE Spikes on Trump-Linked DeFi Project Buy as Musk DOGE Rumors Swirl
The price of MOVE spiked Tuesday to $0.89, notching notable gains after World Liberty Financial—a DeFi platform affiliated with President Donald Trump and members of his family—purchased $1.9 million worth of the utility token for the Ethereum layer-2 network Movement. Despite retracing slightly, the token is up 7% on the day to $0.77, CoinGecko data shows. That was enough for…
Bitwise Files for Dogecoin ETF Amid Shifting US Regulations
Crypto asset manager Bitwise has applied to launch a Dogecoin exchange-traded fund amid further signs U.S. policymakers are warming to crypto. The application, filed with federal regulators on Tuesday, marks the issuer’s latest step toward rolling out a Dogecoin ETF, which it laid the legal groundwork for last week. The fund, if approved, would expose investors to the price movements…
What Is MicroStrategy (MSTR)? The Bitcoin Treasury Company
Today, MicroStrategy is one of the most important institutions in cryptocurrency, but it didn’t start out that way. The company, co-founded by Michael Saylor—one of the most influential figures in the world of Bitcoin—first made its mark in software. Now, however, it’s best known for its aggressive strategy of acquiring Bitcoin for its corporate reserves, with Saylor becoming a key…
Ethereum NFT Project Doodles Swaps CEOs After McDonald’s Collab
Scott Martin, the artist better known as Burnt Toast, is taking over as the CEO of Ethereum NFT project Doodles, replacing former Billboard executive, Julian Holguin. Under Holguin’s leadership, Doodles announced collaborations with Adidas and McDonald’s—the latter just taking place over the last couple months. The project also developed a close relationship with famed musical artist Pharrell Williams, who a…