Crypto is in a cooling period after running to a new record last week and was pulled lower by the DeepSeek-driven sell-off in tech stocks.
Tesla Inc (NASDAQ: TSLA) attributed a significant increase in its quarterly net earnings last night to its bitcoin holdings. The company recorded $1.08 billion as the carrying value of its bitcoin holdings in its fourth-quarter release – up sharply from $184 million at the end of Q3.
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms like OpenAI at a fraction of the cost. The firm claims it was able to develop its AI model on a shoestring budget of just under $6 million using less advanced hardware from semiconductor manufacturer Nvidia.
Bitcoin is now witnessing a slowdown in the ongoing correction campaign as it gradually decouples from the bleeding U.S. stock market. For context, Bitcoin faced a tumultuous start to the week, dropping alongside U.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect of cheaper artificial intelligence models, sparking a tech selloff and weighing on broader investor sentiment.
LOS ANGELES - Thumzup Media Corporation (NASDAQ:TZUP), a social media branding and marketing company with a market capitalization of $33.43 million, has announced its enhanced cryptocurrency strategy,
Nasdaq has taken a decision on Bitcoin ETFs, particularly aimed at BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT), that may make existing and potential Bitcoin investors breathe a sigh of relief. On Jan.
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations,
Bitcoin (BTC) market sentiment has turned bearish, with Wall Street's tech-heavy Nasdaq futures trading 700 points lower. The risk aversion is driven by concerns that the cost-effective Chinese artificial intelligence startup DeepSeek could significantly challenge U.
Will a second Trump term boost Bitcoin? The fervor started with political rumblings. The incoming Trump administration included crypto-friendly themes in its election campaign, and is now ...
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TYSONS CORNER, Va. - MicroStrategy Incorporated (NASDAQ:MSTR), a leader in AI-powered business intelligence with a market capitalization of $88 billion, has announced an update to MicroStrategy ONE, its platform designed to improve user interaction with generative AI.