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Scam tokens surge as DeepSeek AI goes viral

Malicious β€œDeepSeek” tokens have surged in the past 24 hours, underscoring scammers’ mobility in reacting to current events.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Dogecoin Hits Lowest Price So Far in 2025 as Trump Meme Coin and Solana Stumble

Dogecoin fell hard on Monday, dropping below $0.31 as Bitcoin, Solana, and other coins echoed the stock market's dive.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Mining Stocks With AI Ambition Battered 20%-30% Lower as Nvidia's Plunge Grips Crypto

The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.

Published on: January 27, 2025 | Source: CoinDesk favicon CoinDesk

MicroStrategy Expands Bitcoin Holdings to 471,100 BTC Worth $46 Billion

MicroStrategy’s relentless Bitcoin buying spree continues, adding 10,100 BTC for $1.1 billion. With 471,100 BTC now in its treasury, valued at $46 billion, the firm reinforces its commitment to a Bitcoin-centric strategy amid market volatility.

Published on: January 27, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Ripple announces money transmitter licenses in Texas and New York

The payments firm said with the addition of the two US states, it held more than 50 licenses across different jurisdictions.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Absence of Bitcoin β€˜panic selling’ suggests BTC drop below $98K is a short-term blip: Analyst

Bitcoin’s sell-off to $97,777 was followed by a healthy response from dip buyers. Is a snap back to BTC’s range highs the next logical step?

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Ripple expands US operations with new money transfer licenses and hiring push

Ripple announced the acquisition of two Money Transmitter Licenses (MTLs) in New York and Texas, pivotal states for its cross-border payment solutions. The newly acquired licenses in Texas and New York bring the total number of Ripple MTLs in the US to 31. The firm also announced it would double its hiring efforts this year […] The post Ripple expands US operations with new money transfer licenses and hiring push...

Published on: January 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Is Chinese AI Sensation DeepSeek a Security Risk?

Will DeepSeek get the TikTok treatment? The Chinese AI sensation is facing intense scrutinyβ€”and was hit with a cyberattack Monday.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

AI tokens hit by market sell-off but fare better than most

Crypto prices fell 6.5% on average on Jan. 27 amid a major sell-off in risk assets prompted by a Chinese artificial intelligence (AI) model raising worries about AI profitability. However, AI-related tokens saw slightly lower average declines for the day at 5.4%. Based on CryptoSlate data, AI tokens with the worst daily performances are AIOZ […] The post AI tokens hit by market sell-off but fare better than most...

Published on: January 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin price drops under $98K as markets sell-off following DeepSeek AI launch

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

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

'Bitcoin Jesus' Roger Ver Begs Trump for Pardonβ€”But DOGE Chief Elon Musk Says Nope

DOGE boss Elon Musk said that Bitcoin icon Roger Ver, who's facing tax evasion charges, won't be eligible for a Trump pardon. Here's why.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Judge sentences Forcount promoter to 30 months behind bars

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.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Blockchain identity platform Humanity Protocol valued at $1.1B after fundraise

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

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin vulnerable to macro developments, risks consolidation as volatility dips – Bitfinex

Bitcoin (BTC) has been down roughly 5% over the past 24 hours and remains below the key $100,000 price level β€” trading at $99,692.42 as of press time. According to the recent β€œBitfinex Alpha” report, BTC price risks consolidation following this correction as volatility drops. On Jan. 27, fears about declining profitability in artificial intelligence […] The post Bitcoin vulnerable to macro developments, risks...

Published on: January 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Why China's DeepSeek AI Is Blowing Everyone's Mindsβ€”And Blowing Up the Market

Chinese startup DeepSeek didn't just match Big Tech's AI capabilitiesβ€”it completely rewrote the rules of what's possible with a fraction of the resources.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Price analysis 1/27: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK

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

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

CFTC acting chair announces roundtables on crypto market structure

Acting CFTC Chair Caroline Pham said the commission planned to go β€œback to basics,” also suggesting the regulator would explore regulatory safeguards.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Elon Musk Said to Propose Blockchain Use at D.O.G.E. for Efficiency: Bloomberg

Representatives of the Department of Government Efficiency have spoken with leaders of several public blockchains, people familiar with the matter told Bloomberg.

Published on: January 27, 2025 | Source: CoinDesk favicon CoinDesk

Coinbase CEO calls for crypto listing reform as 1 million tokens flood market weekly

Coinbase CEO Brian Armstrong has called for an overhaul of the token listing process, citing the explosive growth of cryptocurrencies and the limits of traditional evaluation methods. His comments, made in a Jan. 26 social media post, come as the industry grapples with an unprecedented influx of new tokens driven by blockchain innovation and the […] The post Coinbase CEO calls for crypto listing reform as 1 million...

Published on: January 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Maple Finance debuts Bitcoin-linked yield offering for institutional investors

Maple’s new offering will compete for market share against a number of similar derivative products, promising BTC yields and downside protection for wealthy investors.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

WazirX approved for hack repayments, Tornado Cash sanctions overturned: Law Decoded

A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

How Declining Short-Term U.S. Treasury Yields Impact Bitcoin Price

How shifting Treasury yields signal economic uncertainty and why Bitcoin could benefit as both a risk-on and safe-haven asset.

Published on: January 27, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

MYRIAD Launches on Abstract as Mainnet Goes Live

The decentralized prediction market is one of the main apps featured on Abstract’s portal for the Abstract Global Wallet.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Ethereum Layer-2 Network Abstract Launches, Offering XP Rewards for Users

Abstract, the new Ethereum layer-2 network from the team behind popular NFT project Pudgy Penguins, is now live with its mainnet.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Why Ethereum L2 Arbitrum Just Saw a DAO Voting Shakeup

Arbitrum’s governance data shows that LobbyFi is now at the top spot among the DAO’s delegates.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Nvidia’s single-day $465B loss surpasses combined market caps of XRP, Tether and Solana

Nvidia’s stock plunged 13% as the Jan. 26 trading session began, erasing approximately $465 billion in market value. This marks the largest single-day market cap decline in history, according to data from Bloomberg. To illustrate the scale of this loss, Nvidia’s market cap reduction exceeds the $375 billion valuation of Ethereum, the world’s second-largest crypto. […] The post Nvidia’s single-day $465B loss surpasses...

Published on: January 27, 2025 | Source: CryptoSlate favicon CryptoSlate

China’s DeepSeek AI Surprise Pushes Bitcoin Under $98K as Nasdaq Tanks

The price of Bitcoin dipped below $98,000 after DeepSeek, a Chinese AI startup, threw a wrench into Big Tech's week of key earnings.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Multicurrency is the future of stablecoins, says former Binance.US exec

The US dollar dominates the stablecoin industry, but that can soon change, according to former Binance.US CEO and 1Money founder Brian Shroder.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Art History Buff? The Met Museum's Ethereum Game Serves Up NFT Rewards

The Metropolitan Museum of Art has launched a Web3 art history game on Coinbase L2 Base that rewards players with NFTs.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Bitcoin's DeepSeek-Triggered Selloff Is a Buy the Dip Opportunity, Analysts Say

Overzealous hopes for Trump's crypto actions last week had primed the market for a pullback, but the decline could be already over, said Standard Chartered's Geoff Kendrick.

Published on: January 27, 2025 | Source: CoinDesk favicon CoinDesk

MicroStrategy proposes 2.5M share offering to fund Bitcoin purchases

The company acquired another $1.1 billion worth of Bitcoin last week, increasing its digital asset holdings to 471,107 BTC.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

MicroStrategy Buys the Top, Adding $1.1 Billion in Bitcoin Ahead of Price Plunge

Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt

Bitcoin price bounces 5%, cancels DeepSeek stocks dive as $102K returns

Bitcoin wastes little time with a relief bounce taking BTC price action back above $100,000.

Published on: January 27, 2025 | Source: Cointelegraph favicon Cointelegraph

MicroStrategy to raise funds for Bitcoin with new perpetual preferred STRK stock offering

MicroStrategy has announced plans to raise additional funds to expand its Bitcoin holdings through a public offering of Strike Preferred Stock (STRK), according to a Jan. 27 statement. The company aims to issue 2.5 million shares of its Series A Perpetual Strike Preferred Stock, subject to regulatory approval and prevailing market conditions. The offering’s proceeds […] The post MicroStrategy to raise funds for Bitcoin...

Published on: January 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Coinbase CEO Brian Armstrong Urges 'Rethink' of Exchange Listings

The Coinbase CEO confirmed the exchange is having to overhaul the way it handles reviewing assets for listing.

Published on: January 27, 2025 | Source: Decrypt favicon Decrypt