Crypto soothsayer
๐ Why is Bitcoin Falling? ๐ง The crypto market is bracing for impact as U.S. stock markets prepare to open (14:30 UTC), with tech stocks already dropping 3-10% in premarket trading (NVIDIA -10%). But whatโs causing the panic? A Chinese startup, DeepSeekโฆ
๐ Nvidia Suffers Record $465B Market Cap Plunge Over DeepSeek AI Shock!
Nvidiaโs stock dropped 13%, wiping out $465 billion in market valueโthe largest single-day loss in US market history. This selloff rippled through the tech sector, pulling down the S&P 500 by 2.3% and the Nasdaq by 3.6%. ๐คท
Nvidiaโs stock dropped 13%, wiping out $465 billion in market valueโthe largest single-day loss in US market history. This selloff rippled through the tech sector, pulling down the S&P 500 by 2.3% and the Nasdaq by 3.6%. ๐คท
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๐ค DeepSeek Launches New AI Model: Janus-Pro-7B
DeepSeek has released another open-source AI model, Janus-Pro-7B, now available on Hugging Face.
Janus-Pro-7B can generate images and reportedly outperforms OpenAI's DALL-E 3 and Stable Diffusion on several metrics. ๐
๐ Meanwhile, Nvidiaโs stock ($NVDA) has plunged nearly 17%, wiping out over $600 billion in market capitalization. AI disruptions continue to shake markets.
DeepSeek has released another open-source AI model, Janus-Pro-7B, now available on Hugging Face.
Janus-Pro-7B can generate images and reportedly outperforms OpenAI's DALL-E 3 and Stable Diffusion on several metrics. ๐
๐ Meanwhile, Nvidiaโs stock ($NVDA) has plunged nearly 17%, wiping out over $600 billion in market capitalization. AI disruptions continue to shake markets.
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๐ Nvidia has lost its title as the "most valuable company in the world," falling behind Apple and Microsoft in market capitalization. ๐คท
Social media is buzzing with comparisons between Nvidia ($NVDA) and Cisco ($CSCO) during the Dot-Com Bubble. ๐
Back in 2000, Cisco was the world's most valuable companyโuntil the bubble burst, causing its stock to drop over 80%.
Could history repeat itself, or is this just a rhyme? ๐ค
Social media is buzzing with comparisons between Nvidia ($NVDA) and Cisco ($CSCO) during the Dot-Com Bubble. ๐
Back in 2000, Cisco was the world's most valuable companyโuntil the bubble burst, causing its stock to drop over 80%.
Could history repeat itself, or is this just a rhyme? ๐ค
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๐ Bitcoin and Ethereum ETFs See Massive Outflows
On January 27, Bitcoin ETFs experienced a $457.5M outflow, the largest in two weeks, equivalent to 5000 BTC, according to Glassnode. While this is significant, it pales in comparison to the 11,600 BTC outflow on January 10. ๐
Meanwhile, Ethereum ETFs saw their second-largest outflow ever, totaling $136.3M. The only higher outflow was on January 8, with $159.3M withdrawn.
Despite these outflows, investors funneled $4.22B into ETF instruments over the past week. ๐ฐ
On January 27, Bitcoin ETFs experienced a $457.5M outflow, the largest in two weeks, equivalent to 5000 BTC, according to Glassnode. While this is significant, it pales in comparison to the 11,600 BTC outflow on January 10. ๐
Meanwhile, Ethereum ETFs saw their second-largest outflow ever, totaling $136.3M. The only higher outflow was on January 8, with $159.3M withdrawn.
Despite these outflows, investors funneled $4.22B into ETF instruments over the past week. ๐ฐ
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๐ BTC to $211K?
Trader Ali has shared an intriguing pattern on Bitcoin's chart.
โ๏ธ In every bull cycle, BTC has touched or surpassed the red 1130-day moving average (DMA x5).
If history repeats and BTC hits this line again during the current cycle, its price could reach at least $211,000. ๐
Is this the next milestone for Bitcoin, or just speculation? ๐ค
Trader Ali has shared an intriguing pattern on Bitcoin's chart.
โ๏ธ In every bull cycle, BTC has touched or surpassed the red 1130-day moving average (DMA x5).
If history repeats and BTC hits this line again during the current cycle, its price could reach at least $211,000. ๐
Is this the next milestone for Bitcoin, or just speculation? ๐ค
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๐ซ๐ท French authorities have opened a judicial investigation into Binance, the worldโs largest cryptocurrency exchange, over allegations of money laundering, tax fraud, and unlicensed operations.
๐ The probe, spanning 2019โ2024, includes charges tied to drug trafficking, misleading information to users, and operating without proper approvals in the EU. Complaints from users who lost money via the platform sparked the investigation. ๐ง
๐ The probe, spanning 2019โ2024, includes charges tied to drug trafficking, misleading information to users, and operating without proper approvals in the EU. Complaints from users who lost money via the platform sparked the investigation. ๐ง
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๐ฅ Trumpโs World Liberty Finance bets on MOVE with a $1.88M purchase!
๐ Rumors suggest MOVE could soon be integrated into D.O.G.E (Department of Government Effectively), leveraging blockchain for tracking federal expenses, safeguarding data, and more.
Adding fuel to the fire, reports indicate that Elon Musk has been meeting with various crypto project representatives, including the Movement team. ๐ค
Is blockchain about to redefine government efficiency?
๐ Rumors suggest MOVE could soon be integrated into D.O.G.E (Department of Government Effectively), leveraging blockchain for tracking federal expenses, safeguarding data, and more.
Adding fuel to the fire, reports indicate that Elon Musk has been meeting with various crypto project representatives, including the Movement team. ๐ค
Is blockchain about to redefine government efficiency?
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๐ต Bitcoin wallets with 10โ100 BTC keep cashing out
Since their peak in June 2023, these wallets have reduced their holdings from 3.2M BTC to 2.6M BTCโa drop of 600,000 BTC. ๐
๐ According to CryptoQuant, massive sums ranging from $1M to $10M have been cashed out, creating a wave of new dollar millionaires in the market over the past six months. ๐ฐ
Since their peak in June 2023, these wallets have reduced their holdings from 3.2M BTC to 2.6M BTCโa drop of 600,000 BTC. ๐
๐ According to CryptoQuant, massive sums ranging from $1M to $10M have been cashed out, creating a wave of new dollar millionaires in the market over the past six months. ๐ฐ
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Crypto soothsayer
๐ซ๐ท French authorities have opened a judicial investigation into Binance, the worldโs largest cryptocurrency exchange, over allegations of money laundering, tax fraud, and unlicensed operations. ๐ The probe, spanning 2019โ2024, includes charges tied to drugโฆ
โ๏ธ Binance Responds to French Legal Probe
๐ Binance clarified that the accusations stem from past events and expressed disappointment with the French prosecutor's decision to escalate the case to court. The company stated its intention to actively defend itself.
๐ Binance highlighted its recognized efforts in combating money laundering and terrorism financing, endorsed by top regulators like FinCEN and the U.S. Department of Justice.
They also pointed out their adoption of FATF standards and strengthened compliance measures. ๐ง
๐ Binance clarified that the accusations stem from past events and expressed disappointment with the French prosecutor's decision to escalate the case to court. The company stated its intention to actively defend itself.
๐ Binance highlighted its recognized efforts in combating money laundering and terrorism financing, endorsed by top regulators like FinCEN and the U.S. Department of Justice.
They also pointed out their adoption of FATF standards and strengthened compliance measures. ๐ง
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Crypto soothsayer
๐ธ Ripple CEO Brad Garlinghouse and Ripple's Chief Legal Officer Stuart Alderoty had dinner with Donald Trump.
๐ฐ Ripple CEO revealed heโs discussed with Trump the idea of XRP becoming a US strategic reserve asset!
He emphasized the importance of diversifying reserves and dismissed rumors of targeting Bitcoin.
- Garlinghouse stated.
He emphasized the importance of diversifying reserves and dismissed rumors of targeting Bitcoin.
"The opportunities are vastโthere will be many winners,"
- Garlinghouse stated.
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๐ Bitcoinโs Drop to $75K? Unlikely Before April! ๐
According to Deriveโs Sean Dawson, the probability of Bitcoin falling below $75K before April has increased slightly to 9.2%, but remains low. ๐
Bitcoinโs recent dip to $97,906 was triggered by a broader market downturn, yet it swiftly rebounded above $100K. The surge in implied volatility suggests growing demand for put options as traders hedge against downside risks. ๐ง
According to Deriveโs Sean Dawson, the probability of Bitcoin falling below $75K before April has increased slightly to 9.2%, but remains low. ๐
Bitcoinโs recent dip to $97,906 was triggered by a broader market downturn, yet it swiftly rebounded above $100K. The surge in implied volatility suggests growing demand for put options as traders hedge against downside risks. ๐ง
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๐ฐ M2 Money Supply Nears Record High โ Bullish for Crypto? ๐
The U.S. M2 money supply surged to $21.5T in December, approaching its all-time high of $22T. ๐ฐ
This expansion signals increased liquidity, historically benefiting risk assets like Bitcoin and other crypto. ๐
Despite the Fedโs tightening policies, M2 has hit a new monthly high since Jan 2024, suggesting that liquidity continues to flow into markets. ๐ต
This trend could fuel further inflationary pressures, impacting the CPI and potentially driving higher crypto price as investors seek hedges.
The U.S. M2 money supply surged to $21.5T in December, approaching its all-time high of $22T. ๐ฐ
This expansion signals increased liquidity, historically benefiting risk assets like Bitcoin and other crypto. ๐
Despite the Fedโs tightening policies, M2 has hit a new monthly high since Jan 2024, suggesting that liquidity continues to flow into markets. ๐ต
This trend could fuel further inflationary pressures, impacting the CPI and potentially driving higher crypto price as investors seek hedges.
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๐ข FOMC Meeting in a Few Hours โ Markets on Edge! ๐ฅ
โณ 19:00 UTC โ The Fed is set to announce its interest rate decision. Consensus: 4.50% (no change expected).
Why it matters?
โช๏ธInvestors await Powellโs speech for clues on inflation trajectory.
โช๏ธA steady rate gives the Fed more time to assess inflation & Trumpโs economic policies.
โช๏ธMeanwhile, corporate earnings season in the U.S. adds to market volatility.
Will Powell drop a hawkish bombshell or keep markets calm? ๐
โณ 19:00 UTC โ The Fed is set to announce its interest rate decision. Consensus: 4.50% (no change expected).
Why it matters?
โช๏ธInvestors await Powellโs speech for clues on inflation trajectory.
โช๏ธA steady rate gives the Fed more time to assess inflation & Trumpโs economic policies.
โช๏ธMeanwhile, corporate earnings season in the U.S. adds to market volatility.
Will Powell drop a hawkish bombshell or keep markets calm? ๐
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Crypto soothsayer
๐ข FOMC Meeting in a Few Hours โ Markets on Edge! ๐ฅ โณ 19:00 UTC โ The Fed is set to announce its interest rate decision. Consensus: 4.50% (no change expected). Why it matters? โช๏ธInvestors await Powellโs speech for clues on inflation trajectory. โช๏ธA steadyโฆ
๐ Is BTC dominance about to drop?
History suggests that after FOMC meetings, Bitcoin's dominance tends to decline.
๐น 2017: BTC.D dropped from 95% โ 62%
๐น 2021: BTC.D dropped from 63% โ 40%
If the trend repeats, altcoins might take off! ๐๐ฅ
History suggests that after FOMC meetings, Bitcoin's dominance tends to decline.
๐น 2017: BTC.D dropped from 95% โ 62%
๐น 2021: BTC.D dropped from 63% โ 40%
If the trend repeats, altcoins might take off! ๐๐ฅ
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๐ Ethereum on the Rise: Active Addresses Surge 37%! ๐
Ethereumโs active addresses have jumped 37%, reaching 575K, with daily transactions now at 1.3M! ๐ฅ
Whatโs driving the growth?
โช๏ธInstitutional interest โ Trump-affiliated World Liberty Financial just bought $47M in ETH ๐ฆ
โช๏ธDeFi strength โ Uniswap still dominates with 22% market share ๐ฑ
โช๏ธCalls for innovation โ Paradigm urges faster development from Ethereum Foundation โ๏ธ
While Solana leads in memecoins, Ethereum remains resilient and on an upward trend. With fees dropping and pressure for faster upgrades, ETHโs next move could be game-changing. ๐
Ethereumโs active addresses have jumped 37%, reaching 575K, with daily transactions now at 1.3M! ๐ฅ
Whatโs driving the growth?
โช๏ธInstitutional interest โ Trump-affiliated World Liberty Financial just bought $47M in ETH ๐ฆ
โช๏ธDeFi strength โ Uniswap still dominates with 22% market share ๐ฑ
โช๏ธCalls for innovation โ Paradigm urges faster development from Ethereum Foundation โ๏ธ
While Solana leads in memecoins, Ethereum remains resilient and on an upward trend. With fees dropping and pressure for faster upgrades, ETHโs next move could be game-changing. ๐
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Crypto soothsayer
๐ฅ Trumpโs World Liberty Finance bets on MOVE with a $1.88M purchase! ๐ Rumors suggest MOVE could soon be integrated into D.O.G.E (Department of Government Effectively), leveraging blockchain for tracking federal expenses, safeguarding data, and more. โฆ
๐ข Movement Labs Denies Trump-Linked Insider MOVE Purchase! ๐ฅ
Co-founder of Movement Labs, Rushi Manch, denied any direct connection with the Trump-backed DeFi project World Liberty Financial (WLFI), which purchased MOVE tokens 2 hours before the mainnet launch announcement. ๐ค
What happened?
โช๏ธJan 28 โ WLFI buys MOVE via CoW Swap.
โช๏ธ10 minutes later โ Reports emerge about Movementโs alleged talks with Elon Musk.
โช๏ธOpen interest in MOVE on Binance jumps from $25M to $100M.
๐ฌ Manch insists the team did not gift tokens and had no talks with Musk or DOGE.
Was this an insider trading scheme? ๐
Co-founder of Movement Labs, Rushi Manch, denied any direct connection with the Trump-backed DeFi project World Liberty Financial (WLFI), which purchased MOVE tokens 2 hours before the mainnet launch announcement. ๐ค
What happened?
โช๏ธJan 28 โ WLFI buys MOVE via CoW Swap.
โช๏ธ10 minutes later โ Reports emerge about Movementโs alleged talks with Elon Musk.
โช๏ธOpen interest in MOVE on Binance jumps from $25M to $100M.
๐ฌ Manch insists the team did not gift tokens and had no talks with Musk or DOGE.
Was this an insider trading scheme? ๐
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๐ China Strikes Again: Alibaba Unveils New AI Model! ๐ค๐ฅ
Alibaba has introduced Qwen2.5-Max, claiming it outperforms DeepSeek V3 and even GPT-4o. ๐ณ
What can it do?
โช๏ธGenerate realistic photos & videos ๐ฅ
โช๏ธCode at senior developer level ๐ป
โช๏ธAnd probably beat you at chess tooโฆ โ
With China pushing AI innovation at full speed, the competition is heating up. Is OpenAI sweating yet? ๐
Alibaba has introduced Qwen2.5-Max, claiming it outperforms DeepSeek V3 and even GPT-4o. ๐ณ
What can it do?
โช๏ธGenerate realistic photos & videos ๐ฅ
โช๏ธCode at senior developer level ๐ป
โช๏ธAnd probably beat you at chess tooโฆ โ
With China pushing AI innovation at full speed, the competition is heating up. Is OpenAI sweating yet? ๐
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๐ Bitcoin Hits $105K After Fed Meeting! ๐ฐ
The Fed kept rates at 4.25-4.5%, aligning with expectations. Despite an initial BTC dip to $101K, it quickly rebounded above $105K. ๐
Why the pump?
โช๏ธPowell hinted at U.S. banks working with crypto under proper risk management.
โช๏ธFed dropped mention of inflation hitting 2%, calling it "elevated" instead.
โช๏ธNo rush to cut ratesโmore macro data needed before easing.
Next Fed meeting: March 18-19 โ Rate cut odds for May dropped from 31.5% to 17%, shifting expectations to June. ๐
The Fed kept rates at 4.25-4.5%, aligning with expectations. Despite an initial BTC dip to $101K, it quickly rebounded above $105K. ๐
Why the pump?
โช๏ธPowell hinted at U.S. banks working with crypto under proper risk management.
โช๏ธFed dropped mention of inflation hitting 2%, calling it "elevated" instead.
โช๏ธNo rush to cut ratesโmore macro data needed before easing.
Next Fed meeting: March 18-19 โ Rate cut odds for May dropped from 31.5% to 17%, shifting expectations to June. ๐
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๐ Institutional Demand for Bitcoin Surges! ๐ฆ๐
Since the start of the year, corporate investors have been scooping up Bitcoin faster than new coins are being mined. ๐ฅ
๐น Supply squeeze? With demand outpacing issuance, BTCโs scarcity could drive higher prices.
๐น Institutions doubling down โ more big money flowing into Bitcoin as a hedge.
Will this lead to another supply shock and send BTC soaring? ๐ค
Since the start of the year, corporate investors have been scooping up Bitcoin faster than new coins are being mined. ๐ฅ
๐น Supply squeeze? With demand outpacing issuance, BTCโs scarcity could drive higher prices.
๐น Institutions doubling down โ more big money flowing into Bitcoin as a hedge.
Will this lead to another supply shock and send BTC soaring? ๐ค
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