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.
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.
MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company’s play on the cryptocurrency as the “Lever for the Believer” in its note dated Jan.
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.
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.
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.
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.
The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.
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,
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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 ...
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.