Bitcoin and the crypto market saw a massive drop earlier this week, with over $1 billion liquidated in a single day. Is this the start of a bearish phase, or just a temporary pull back? A major shake-up in the AI sector may have played a role,
Bernstein remains bullish on Core Scientific (CORZ) even after the shares tumbled 30% earlier this week as Chinese artificial intelligence (AI) startup DeepSeek challenged the idea that bitcoin (BTC) miners had value as data center plays. The slide means the stock is now available at a deep discount, the broker said in a research report Thursday.
Crypto miners often own large plots of land and significant power resources — assets that are also crucial for high-performance computing (HPC) and AI data centers. To capitalize on the AI boom, many miners have begun to repurpose parts of their operations into data centers,
An upheaval in global markets sparked by Chinese artificial intelligence startup DeepSeek triggered volatility in digital assets, raising fresh questions about the outlook for crypto following last year’s boom in prices.
AI experiment iDEGEN looks to leverage the enhanced sentiments for impressive performance after its February 27 exchange listing. Let’s dig deeper.
Bitcoin (BTC) managed a minor bounce of its worst levels of the day, but the bitcoin mining stocks were unable to reverse any of their plunge as
Crypto market has always been a volatile space, however recent events have brought unprecedented levels of uncertainty. In addition, the Bitcoin has experienced a sharp drop which shakes crypto enthusiasts confidence and triggers ripple effects over the financial ecosystem.
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.
AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure investment deal orchestrated by Trump. Bitcoin posted 3% gain trading at $106,000 as the broader market awaits Trump's first crypto-specific policies.
China's technological capabilities may be advancing faster than previously thought, challenging U.S. dominance in AI, digital payments, reserve currency and global trade.
Bitcoin began the year by hitting a new all-time high of $109,588 on January 20, ending with a return of over 11.00% in the month. According to Bitcoin’s historical data, BTC generally yielded the third-highest returns for traders in February, averaging 15.66%. Traders could expect an optimistic boost in the next month.
Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential