The rise of the Chinese AI model DeepSeek has rattled global markets as the crypto market sees $864 million in 24-hour liquidations. Source: https://cointelegraph.com/news/bitcoin-falls-below-100k-under-trump-presidency?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Brazilian Authorities Suspend Sam Altman’s World Rewards
The National Data Protection Authority (ANPD), Brazil’s data watchdog, has barred World, Sam Altman’s digital ID project, from offering rewards to users who enroll in its platform. Brazilian Authorities Ban World Crypto Rewards Program Sam Altman’s World, the proof-of-humanity biometric ID project, is embroiled in a battle against Brazilian authorities. The National Data Protection Authority […] Source: https://news.bitcoin.com/brazilian-authorities-suspend-sam-altmans-world-rewards/
Austrian crypto unicorn Bitpanda receives MiCA license in Germany
Bitpanda CEO Eric Demuth highlighted the importance of consistent and robust MiCA enforcement to ensure the framework’s efficiency. Source: https://cointelegraph.com/news/bitpanda-crypto-unicorn-mica-license-germany?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeepSeek rout costs bulls $100K — 5 Things to know in Bitcoin this week
Bitcoin drops with US stocks at the start of FOMC week amid a perceived threat from Chinese AI sensation DeepSeek. Source: https://cointelegraph.com/news/deepseek-rout-bulls-100k-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana Price Fumbles & 7 Days Until Lightchain AI Testnet Release
PRESS RELEASE. The crypto market rarely sleeps, and neither do opportunities to seize its innovative potential. Over the last week, Solana saw a stumble in its price—causing ripples of speculation among investors. But as some coins fumble, others are laying the groundwork for groundbreaking breakthroughs. Enter Lightchain AI, a revolutionary AI-blockchain network that stands on […] Source: https://news.bitcoin.com/solana-price-fumbles-7-days-until-lightchain-ai-testnet-release/
Solana DEX Jupiter Announces 50% Buyback, Moonshot Acquisition
Jupiter, one of the leading Solana-focused decentralized exchanges, has made major announcements as part of Catstambul, its first community-focused conference held in Turkey. The project revealed the acquisition of a majority stake in Moonshot, a meme coin creation and distribution platform on Solana. Jupiter also announced that it would burn $3 billion of its own […] Source: https://news.bitcoin.com/solana-dex-jupiter-announces-50-buyback-moonshot-acquisition/
Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool
The Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman of the State Duma Committee on Economic Policy Artem Kiryanov highlighted the importance of these use cases for Russia’s future. Russian State Duma Acknowledges Digital Ruble Could Be Used to Avoid Sanctions The […] Source: https://news.bitcoin.com/russian-state-duma-profiles-digital-ruble-as-a-sanctions-sidestepping-tool/
SEC wins in killing Kraken’s major questions doctrine defense
A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto. Source: https://cointelegraph.com/news/judge-kills-kraken-major-questions-doctrine-defense-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
HTX Lunar New Year Celebration: $600K Surprise Gifts and More Rewards
PRESS RELEASE. The Lunar New Year is almost here! To celebrate, HTX has partnered with the TRON ecosystem to bring users a special event: “$600,000 Surprise Gifts Up for Grabs.” Running from January 28th to February 12th, this event features a $600,000 prize pool and tons of rewards, making it the perfect way to ring […] Source: https://news.bitcoin.com/htx-lunar-new-year-celebration-600k-surprise-gifts-and-more-rewards/
Ethereum drops 7% in January, but next 2 months typically ‘very good’ for gains
Ethereum has lagged the market to open 2025, but February and March have historically seen the cryptocurrency close up on the month. Source: https://cointelegraph.com/news/ethereum-drops-monthly-february-march-historically-good-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound