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DeepSeek faces legal and competitive challenges, triggering a rebound in AI crypto coins like Virtuals Protocol, AIXBT, and Ai16z after a $5B loss.
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Chinese AI startup DeepSeek spurred a $1 trillion rout in US and European tech stocks yesterday
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Bitcoin coils below $103,000, but dovish comments from this week FOMC could send BTC price to new highs.
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From digital red packets to memecoins, Bitcoin continues its love affair with Lunar New Year in 2025.
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Bitwise filed with the SEC to launch a Dogecoin (DOGE) ETF. The firms filing is under the ’33 Act, typically used for commodity-based ETFs. Bitwise also filed to list a Bitwise 10 Crypto Index Fund on NYSE Arca.
- 05:28Nvidia's financial report will be announced tonight, Wall Street is focusing on the demand for Blackwell chips and the impact of DeepSeekNvidia is set to announce its fourth-quarter earnings after the close of U.S. stock market on Wednesday. As the world's second-largest company, Nvidia needs to prove to investors that demand for its next-generation Blackwell chips remains strong and will not be impacted by the DeepSeek AI model. Analysts on average expect Nvidia's revenue this quarter to grow 73%, reaching $38.2 billion, compared with about $20 billion in the same period last year. Here is Wall Street's interpretation of Nvidia's upcoming earnings report: Mizuho Securities analysts expect Nvidia to release an "as expected" financial report, but there may be "growing pains", and data center revenue in April quarter may stabilize. Wedbush Securities believes that Nvidia will once again perform strongly and "clearly exceed expectations and raise forecasts". Their survey shows that deployment by individual AI companies has not slowed down due to DeepSeek. Bank of America expects Nvidia's data center revenue in 2025 will increase by 60% year-on-year, pointing out that March’s GTC conference is the next important catalyst. Bloomberg Intelligence suggests that Nvidia is likely to meet fourth-quarter revenue expectations and raise first-quarter forecasts against a backdrop of significant growth in Blackwell GPU.
- 05:261confirmation invested 3 million dollars in MeebCo, the company behind Meebits, and revealed that this NFT project is considering issuing its own currency in the futureThe company behind the NFT project Meebits, MeebCo, has announced the completion of a new round of financing worth 3 million US dollars, with participation from 1confirmation. Specific valuation information has not yet been disclosed. According to information disclosed in related announcements, at this stage the NFT project Meebits has not yet issued tokens but there is potential for token issuance in the future. 1confirmation added that although the project does not currently have a clear product direction, it will support NFTs and build long-term communities.
- 05:20Analyst: Strategy's stock price fell more than 11% in early trading on Tuesday, but the possibility of forced liquidation is relatively lowAccording to a report by Decrpt, based on an analysis from The Kobeissi Letter, despite Strategy's stock price falling more than 11% in early trading on Tuesday due to market concerns about potential forced liquidation of Bitcoin, the likelihood of this scenario occurring is low due to structural safeguards. Strategy primarily raises funds through convertible bonds, such as $2 billion zero-coupon bonds maturing in 2030 with an initial conversion price of $433.43 per share. This allows it to obtain capital without immediately diluting shareholder equity. As of now, Strategy holds approximately 499,096 BTC worth about $44 billion while its $8.2 billion debt heavily relies on Bitcoin performance.
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More1confirmation invested 3 million dollars in MeebCo, the company behind Meebits, and revealed that this NFT project is considering issuing its own currency in the future
Analyst: Strategy's stock price fell more than 11% in early trading on Tuesday, but the possibility of forced liquidation is relatively low