Business

MicroStrategy buys another 10.1k bitcoin for $1.1b, taking holdings to 471,107 BTC

Disclaimer: The analyst who wrote this piece owns stock in MicroStrategy (MSTR). Microstrategy (MSTR), led by executive chairman Michael Saylor, added to its Bitcoin (BTC) holdings for a 12th straight week. In the week ending January 26, the company bought 10,107 BTC, taking its total holdings to 471,107 BTC, Saylor wrote in a post on […]

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China’s DeepSeek Sends Bitcoin (BTC) Rate, AI Tokens, Stocks Fall

By Omkar Godbole (All times ET unless otherwise noted) Last week we described bitcoin above $100,000 as a coiled spring ready to release energy in both directions. Unfortunately for the bulls, this energy is being released to the downside as market sentiment shifts in response to concerns over the impact of low-cost Chinese AI startup

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Arthur Hayes sees BTC fall to $70,000 before recovering to $250,000

Bitcoin (BTC) fell just below $98,000, down nearly 10% from all-time highs, with investors questioning the continuation of the bull run. The decline was attributed to concerns about China’s DeepSeek Artificial Intelligence hyper-efficient model that competes with the US industry at a fraction of the cost. Since President Trump won the US election, bitcoin has

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Bitcoin Funding Rates Turn Negative As Nasdaq Futures Tank 700 Points

Bitcoin (BTC) market sentiment has turned bearish, with Wall Street’s tech-heavy Nasdaq futures trading 700 points lower. The risk aversion is fueled by concerns that cost-effective Chinese artificial intelligence startup DeepSeek could significantly challenge US technological dominance. Bitcoin’s perpetual futures funding rates, periodic payments made between long and short positions in perpetual futures contracts, have

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Sinks to $100,000 as Trump, DeepSeek Rattles Risk Appetite at Pakinomist

Pakinomist– Bitcoin fell on Monday, tracking a broader decline in equity markets, as tariff threats from U.S. President Donald Trump rattled risk appetite, while tech stocks were jittered by a disruptive new artificial intelligence offering from China. Bitcoin remained under pressure from lingering uncertainty about what Trump’s policies will mean for crypto after the president

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BTC Miners Bitdeer (BTDR), CleanSpark (CLSK), Core Scientific (CORZ) Initiated Outperform: KBW

Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report on Monday. The three bitcoin mining companies offer varying degrees of exposure to the largest cryptocurrency, the bank said. Bitdeer offers diverse exposure to a bitcoin mining business

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Aptos growing Chinese-speaking region with multi-million-dollar support via its official community of Pakinomist

Hong Kong, Hong Kong, 27 January 2025, Pakinomist The Aptos Foundation proudly announces the establishment of Move makerits official community organization. Co-initiated by Ankaa and BlockBoosterMovemaker is dedicated to promoting and building the Aptos ecosystem in the Chinese-speaking region. By integrating resources, strengthening communities and providing technical support, Movemaker aims to accelerate the adoption and

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