Author: John Smith

DeepSeek AI’s release hit crypto markets hard, pulling down tokens across the board. Is this a temporary dip or the beginning of a major market reset? Crypto sinks deeper with DeepSeek AI As of Jan. 27, the total crypto market cap has slipped by over 5% in the last 24 hours, sinking to $3.59 trillion as per CoinGecko. This marks one of the sharpest sell-offs since Trump’s inauguration on Jan. 20. Bitcoin (BTC), the flagship crypto, hasn’t been spared either, dipping around 5% in the last 24 hours to trade at $99,800 levels as of this writing. Bitcoin Price Chart…

Cryptocurrencies remain under significant sell-off pressure following a market shakeout driven by investor reactions to DeepSeek AI news. As Bitcoin (BTC) fell below $100,000 and altcoins turned red amid a tech stock bloodbath, the crypto market experienced massive liquidations. According to Coinglass, total crypto liquidations over the past 24 hours surged by more than 850% as of Jan. 27, with nearly $1 billion in long and short positions wiped out. At 2 pm ET, total liquidations stood at approximately $993 million, with long positions accounting for over $883 million and short positions at about $110 million. More than 344,000 crypto…

Jennifer Rosenthal, formerly the Head of Communications at Grayscale Investments, has assumed the role of Chief Communications Officer at the DeFi Education Fund Rosenthal announced her new position on X, expressing her enthusiasm for promoting decentralized finance and advocating for policies that support its growth in the United States. During her tenure at Grayscale, Rosenthal led communications through significant milestones, including the company’s legal efforts to push for U.S. spot Bitcoin ETFs. Her experience also includes serving as a communications consultant at FGS Global and leading emerging market communications at Pearson. In her new role at DEF, Rosenthal aims to…

On Jan. 26, 2025, the Ripple CEO Brad Garlinghouse posted a short tweet “slow weekend, anything exciting happened?” The post allegedly aimed to fuel the already heated debate between bitcoinists and XRP fans. The comment section turned into a battlefield. Slow weekend, anything exciting happen?— Brad Garlinghouse (@bgarlinghouse) January 26, 2025 The “slow weekend” in question ended up being extremely fast in terms of top cryptos losing their value. For instance, XRP lost over 10% in 24 hours (some sources name a 15% drop in one day). That was the worst day since Dec. 18, 2024, when the Fed announced…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance is making waves in 2025 with its asset tokenization model, offering investors a potential 100x ROI and transforming real estate investment. Although revolutionary potential is nothing new to the cryptocurrency market, 2025 is already looking like a watershed year. Industry insiders are discussing a crypto presale that has the potential to transform the market. The new technology, practical applications, and unmatched expansion prospects of the pioneering blockchain startup Rexas Finance (RXS) are drawing much interest. According to…

Caroline Pham said the CFTC would “get back to basics” by hosting a series of roundtable talks with crypto industry leaders to address regulatory pain points. On Jan. 27, Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that the regulator plans to engage with digital asset stakeholders to discuss market structure and prediction markets as the U.S. pivots toward greater crypto adoption. According to Pham, the CFTC “must take a forward-looking approach” to resolve conflicts of interest and policy gaps left by the previous administration. Innovation and new technology has created a renaissance in markets that presents…

Abstract, a consumer-focused blockchain leveraging the zero-knowledge stack by ZKsync and Celestia to drive mass adoption, has announced the launch of its mainnet. The team behind the project’s consumer blockchain network aims to create a platform that removes barriers to accelerated mass adoption. According to an announcement, the Abstract mainnet integrates ZKsync (ZK) and Celestia (TIA) architecture to enhance security and transaction speed. To bring web2 benefits to web3, Abstract introduced The Portal, a “digital theme park of fun” that simplifies onboarding by enabling a global wallet ecosystem. Users can quickly enter the web3 ecosystem using just their email address,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s rally has spotlighted XYZVerse, a sports-driven meme coin targeting massive returns, with speculation about its potential 30,000% growth captivating investors. Bitcoin’s recent surge has directed attention to XYZVerse, a digital currency with enormous growth potential. With whispers of possible returns as high as 30,000%, investors are curious about what XYZVerse might offer. Is this the next big opportunity in cryptocurrency? Discover the factors driving this speculation and what it could mean for those involved. XYZ: The first all-sports…

Igloo Inc., the company behind Pudgy Penguins, has officially launched Abstract Chain. Abstract is an Ethereum (ETH) layer-2 blockchain built to simplify access to Web3 applications. The platform uses ZKsync’s ZK Stack technology, enabling faster transactions and lower fees while maintaining scalability and security, according to a release shared with crypto.news. Through its flagship platform, The Portal, users can access over 100 apps and projects by simply signing up with an email address. Web2 simplicity with Web3 potential Abstract Chain aims to remove the technical barriers that often deter everyday users from engaging with blockchain technology. The platform combines Web2…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana holders are shifting to new viral crypto Remittix following SOL’s recent decline. With the bull market gaining momentum, investors are positioning themselves with forward-thinking crypto projects for big gains. Solana (SOL) has been one of the most popular crypto assets over the course of this cycle. However, its recent all-time high (ATH) and immediate decline have raised concerns. Many investors with Solana and other cryptos are diversifying into newer cryptos, with Remittix (RTX) gaining significant attention. Remittix has…