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Chinese Open-Source AI DeepSeek R1 Matches OpenAI’s o1 at 98% Lower Cost

Chinese AI researchers have achieved what many thought was light years away: A free, open-source AI model that can match or exceed the performance of OpenAI’s most advanced reasoning systems. What makes this even more remarkable was how they did it: by letting the AI teach itself through trial and error, similar to how humans learn. “DeepSeek-R1-Zero, a model trained…

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XRP Market Update: Consolidation at $3.10 Sparks Anticipation of Major Breakout
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XRP Market Update: Consolidation at $3.10 Sparks Anticipation of Major Breakout

XRP is currently trading at $3.12, with a market capitalization of $179 billion, a 24-hour trading volume of $3.29 billion, and an intraday price range of $3.08 to $3.14, indicating critical levels for traders to monitor. XRP XRP’s 1-hour chart reveals a consolidation phase as the crypto asset trades in a narrow range between $3.10 […] Source: https://news.bitcoin.com/xrp-market-update-consolidation-at-3-10-sparks-anticipation-of-major-breakout/

Report: Musk’s Department of Government Efficiency Eyes Blockchain Adoption
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Report: Musk’s Department of Government Efficiency Eyes Blockchain Adoption

Elon Musk and the Department of Government Efficiency (DOGE), which he leads, are reportedly exploring the use of blockchain technology to modernize federal government systems, according to a Bloomberg report. Musk-Led Government Efficiency Department Engages Blockchain Providers Bloomberg disclosed that the initiative aims to evaluate blockchain applications in areas such as federal spending transparency, building […] Source: https://news.bitcoin.com/report-musks-department-of-government-efficiency-eyes-blockchain-adoption/

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This Week in Bitcoin: New High Price, Multi-Million Dollar Projections, and Trump Frees Ross Ulbricht

Bitcoin is again hovering around $105,000 per coin, barely budging since this time last week. Investors shouldn’t complain, though, after an action-packed start to the week led the coin to hit a new high. The price of the biggest coin by market cap broke a new record of $108,786 Monday ahead of Donald Trump’s inauguration. It has since dropped by…

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Twitter User Has @Music Handle 'Ripped Away' by Elon Musk
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Elon Musk’s DOGE Exploring Blockchain for Government Efficiency: Bloomberg

The Department of Government Efficiency, the cost-cutting initiative led by billionaire Elon Musk, is reportedly considering the use of a public blockchain to bring transparency and other potential benefits to government operations and spending. That’s according to Bloomberg, which reported Saturday that Musk’s DOGE agency is holding conversations with representatives from multiple existing public blockchains, according to sources close to…

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Cryptocurrency Trading in Indonesia Reaches $40 Billion in 2024
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Cryptocurrency Trading in Indonesia Reaches $40 Billion in 2024

Indonesia’s cryptocurrency trading activity experienced a 335.9% expansion in 2024, reaching Rp 650.61 trillion ($40.2 billion), as reported by the Jakarta Globe. The Commodity Futures Trading Regulatory Agency (Bappebti) attributed this exponential growth to an increasing user base and higher transaction volumes. Crypto Trading in Indonesia Soars as User Base Expands According to the report, […] Source: https://news.bitcoin.com/cryptocurrency-trading-in-indonesia-reaches-40-billion-in-2024/

Uniswap Kicks Off $35M UNI AirDrop Amid Trump's Bold Crypto Vision for the USA
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Uniswap Kicks Off $35M UNI AirDrop Amid Trump’s Bold Crypto Vision for the USA

NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has announced the Official $UNI AirDrop. This groundbreaking $35M distribution marks a significant milestone in its journey toward decentralized financial empowerment. This exciting initiative coincides with the Uniswap Foundation’s announcement of Uniswap Version 4, with deployments set to begin today, signaling another leap forward…

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Best Wallet Token Presale Smashes $8M as Experts Back Project to Explode
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Best Wallet Token Presale Smashes $8M as Experts Back Project to Explode

Managing crypto assets in 2025 can be challenging – especially for beginners. But Best Wallet (BEST) wants to change that, raising over $8 million in presale for its native token. With the traders buzzing about the wallet’s potential, could this be a game-changer for crypto adoption? Best Wallet Transforms Crypto Management with All-in-One Platform Best […] Source: https://news.bitcoin.com/best-wallet-token-presale-smashes-8m-as-experts-back-project-to-explode/