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Bitcoin price fell to $97,754 as crypto and stock markets digested the significance of a China-based ChatGPT AI competitor called DeepSeek.

Deepseek, a Chinese artificial intelligence (AI) startup founded in 2023 by Liang Wenfeng, has swiftly unsettled global markets with its groundbreaking and cost-effective AI models. Its rapid ascent has rippled across U.S. equities, notably affecting Nvidia shares, and has even introduced turbulence into the cryptocurrency sector. Deepseek’s Rise: The $5.58M AI Model That Left Silicon … Read more

The cryptocurrency market is experiencing significant bearish pressure, impacting major altcoins sharply amidst Bitcoin’s recent dip below $98,000. Despite the downturn, some altcoins show potential for recovery, particularly with structural upgrades and market sentiment shifts on the horizon. “While prices are down, the upcoming protocol enhancements might create new investor interest,” noted a recent analysis … Read more

Antonia Perez Hernandez, one of five individuals indicted for their involvement in the Ponzi scheme Forcount, pleaded guilty to conspiracy to commit wire fraud in 2024.

A popular crypto analyst is super bullish on Ethereum’s native token, Ether (ETH), suggesting that a $20,000 price for the world’s second-largest cryptocurrency by market cap is in the making despite the current bearish sentiment. Is $20,000 A Reasonable ETH Price Target? Analyst Credible Crypto said in a post on X that Ethereum appears bullish … Read more

With the advent of Web3, decentralized identity solutions (DIDs) are considered key for securing users’ digital footprint.

What is DeepSeek? Several Chinese companies pivoted into making their various AI model offerings open source last week, sending shockwaves through the tech sector. Chinese tech startups look set to disrupt the AI space, which has, until recently, been almost singularly dominated by high-priced US tech giants and soaring valuations. Chinese competitors are poised to … Read more

Mexican Peso under pressure following Trump tariff threat on Colombian goods. Banxico’s new monetary program hints at aggressive rate cuts, a headwind for the Peso. Traders await upcoming Mexican economic reports on unemployment and preliminary Q4 GDP. The Mexican Peso plummeted against the Greenback on Monday after US President Donald Trump announced on Sunday that … Read more

Five days ago, a significant number of dormant bitcoins tied to early addresses were reactivated after years of inactivity. Notably, many of these wallets trace their origins to 2017, marking an intriguing revival of funds untouched for years. Meanwhile, market analytics firm Santiment reports that bitcoin wallets containing between 100 and 1,000 BTC have climbed … Read more

Bitcoin and altcoins saw sharp selling as traders reduced risk following the popular launch of the DeepSeek AI app.