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Jupiter’s Acquisition Spree, Buyback Plan Spark Solana Ecosystem Dominance Concerns

Amid a bloody start to the week in crypto markets, which saw liquidations near monthly highs as various major tokens dropped by double-digit percentages, the native token of Solana-based DEX aggregator Jupiter is defying the trend over a new buyback plan. Data from TradingView shows that JUP is up more than 34% against bitcoin over […]

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Bitcoin Mining Stocks With AI Ambition Battered 20%-30% Lower as Nvidia’s Plunge Grips Crypto

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 Chinese AI startup DeepSeek threw into question ideas that the miners had value as data center plays. The largest cryptocurrency was recently trading at $101,500, up from earlier

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Elon Musk Said to Propose Blockchain Use at D.O.G.E. for Efficiency: Bloomberg

Elon Musk, picked by President Donald Trump to lead the new Department of Government Efficiency, proposed using blockchain technology as part of the operation, Bloomberg reported. Musk suggested that using a digital ledger would be a cost-efficient way to track federal spending, secure data, make payments and manage buildings, according to people familiar with the

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Bitcoin’s DeepSeek-Triggered Selloff Is a Buy the Dip Opportunity, Analysts Say

Crypto assets saw a panicky decline overnight alongside a Nvidia-led tech stock plunge on DeepSeek’s more efficient artificial intelligence model. With bitcoin (BTC) at one point sliding from a Sunday high of $105,000 to below $98,000 before bouncing back to its current level just below $100,000, some analysts warned this could be the start of

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Travala, Crypto-Native Travel Website, Said to Receive Unsolicited Takeover Approach

Travala.com, the holiday website that allows users to pay with cryptocurrency, is in talks with potential buyers after receiving an unsolicited takeover approach late last year, according to two people with knowledge of the matter. The Binance-backed company received an inquiry, triggering outreach by Travala’s advisers to major online travel agencies such as Booking.com, one

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CoinDesk 20 Performance Update: UNI Plunges 14.4% Over Weekend as All Assets Decline

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3657.28, down 7.0% (-274.43) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BTC (-4.1%) and BCH (-4.9%). Laggards: UNI (-14.4%) and RENDER

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Worldcoin Rival Humanity Protocol’s Valuation Jumps to $1.1B After Fresh Fund Raise

Decentralized identity project Humanity Protocol has closed a $20 million funding round, raising its valuation to $1.1 billion. The funding round was co-led by Pantera Capital and Jump Crypto, according to an emailed announcement. The project last raised $30 million at a $1 billion valuation in May 2024 Humanity plans to use the new capital

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Bitcoin, CoinDesk 20 Roared in the Year of the Dragon. What Is in Store in the Year of the Snake?

As East Asia prepares to shut down for the Lunar New Year holiday and looks towards the Year of the Snake, it’s time to look back at bitcoin (BTC) and the CoinDesk 20 (CD20)’s performance during the Year of the Dragon. Hong Kong-based brokerage CLSA has an annual tradition of forecasting the market’s performance in

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MicroStrategy Buys 10.1K Bitcoin for $1.1B, Taking Holdings to 471,107 BTC

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, added to its bitcoin (BTC) holdings for a 12th straight week. In the week ended Jan. 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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Crypto Daybook Americas: China’s DeepSeek Sends Bitcoin, AI Tokens, Stocks Tumbling

By Omkar Godbole (All times ET unless indicated otherwise) Last week, we described bitcoin above $100,000 as a coiled spring ready to unleash energy in either direction. Unfortunately for the bulls, that energy is being released downward as market sentiment shifts in response to concerns over the impact of the low-cost Chinese AI startup DeepSeek

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