Tag: Market Insights

DeepSeek AI: What It Is and How It Caused a Market Crash

China’s DeepSeek AI shook markets, with its low-cost tech and powerful features causing panic in crypto, AI stocks, and investors.

https://twitter.com/Subodh08120635/status/1883911102805033088



DeepSeek AI, a new Chinese tech startup has just caused a massive stir in the global market with its latest launch of DeepSeek-V3. This one’s an AI model that’s way cheaper to run than competitors like OpenAI’s ChatGPT and Google’s Gemini, has people going crazy over it. The model’s performance? Off the charts. It crushed benchmark tests, showing it can beat top U.S. AI models in problem-solving and coding tasks.

What’s got the market panicking? DeepSeek’s efficiency. The startup’s $6M model uses low-cost chips, unlike the super-expensive GPUs that U.S. companies rely on. Investors are worried this will shake up the AI game, especially since DeepSeek is open-source and can be used by anyone, including competitors.

The market’s fear is real. After DeepSeek went viral by topping Apple’s App Store, it caused a major crash in AI stocks and crypto. Shares in major companies like Nvidia and Qualcomm tanked, with some dropping 4%. The broader crypto market dipped by 6.5%, while AI coins lost around 10%. People are scared that DeepSeek’s rise means big losses for U.S. AI firms, and investors are selling off like crazy.

DeepSeek’s making waves, and the tech world’s watching to see how this shakes up the AI scene.

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Solana Eyes $300 as Bitcoin Rallies to $100K

Solana surges with a similar momentum seen by Bitcoin to shake off several losses it incurred in the market last week. Specifically, SOL lost momentarily to the $169 level a few hours this week before moving up above $180 within hours of trading. Solana changes hands at approximately $215, changing hands 15% in the last 24 hours and up about 27% from its weekly lows, according to CoinMarketCap.

On January 13, SOL’s price dropped over 11%, mirroring Bitcoin’s volatile movements, and briefly fell below the key $170 support level. However, the swift recovery signals renewed bullish momentum in the market.

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With Bitcoin reclaiming $100,000 after dipping below $90,000 earlier this month, analysts are optimistic about the crypto market’s trajectory. SOL’s all-time high (ATH) of $263.83, achieved in November 2024 when Bitcoin first crossed $90,000, is back in focus.

If the bullish feeling continues, inflows of new capital could see SOL reach for a new ATH well beyond $300. This type of growth can be supported by growing investors’ appetites and high expectations of key regulatory and institutional changes by the upcoming Trump administration, considered crypto-friendly.

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For the time being, all eyes are on Bitcoin’s momentum and how that will contour up the altcoin market.

Crypto Market Surges Following US CPI Data Release: What Lies Ahead?

Bitcoin hit $99K, altcoins soared as lower core CPI fueled Fed rate cut hopes, but inflation risks still linger.



Bitcoin smashed through $99K for the first time since Jan 7, climbing 10% from its monthly low. This crypto glow-up wasn’t just Bitcoin flexing—altcoins joined the party too. Virtuals Protocol skyrocketed by 25%, ai16z surged 17%, and Algorand jumped over 13%.

But the hype isn’t limited to crypto. Wall Street got its own glow-up: Dow Jones futures popped 700 points, S&P 500 futures climbed nearly 100 points, and bond yields dipped. The 10-year, 30-year, and 5-year yields are now chillin’ at 4.66%, 4.90%, and 4.48%.

What’s the tea? U.S. core inflation dropped from 0.3% to 0.2% last month, and yearly, it’s down from 3.3% to 3.2%. This got everyone hoping for juicy Fed rate cuts—maybe more than two this year. Core CPI is a big deal since it skips food and energy prices and is the Fed’s main squeeze.

Still, it’s not all sunshine. Inflation is above the Fed’s 2% goal, and some wildcards could stir the pot—like LA fires pushing up costs or Trump-era policies hiking inflation.

TL;DR: Crypto’s thriving, markets are vibing, but keep an eye on inflation drama—it’s far from over.

Also Read: BlackRock Unveils Bitcoin ETF for Canadian Investors

New Cannabis Memecoin $CANA Soars 400% in Just 2 Days

$CANA memecoin explodes 400% in 2 days, gaining a huge following with its cannabis legalization focus, especially in Nigeria.



$CANA is a cannabis culture-meme coin that, two days into its release, increased by over 400%. It is, therefore, quite a hot main course for attention among crypto followers and cannabis believers, especially among the population of Nigeria, where a “Cana” is being used as an alias to refer to marijuana. Being all about making a statement over the legalization of cannabis across borders and responsible use, too, this starts some kind of cultural conversation.

As of now, $CANA is priced at $0.0005639, with a market cap of $580k and a trading volume of $550k. It’s already accumulated nearly 5,000 holders—no small feat for a fresh coin. It’s being traded on Pocketfi, part of the TON ecosystem, which is known for easy transactions.

The token’s success has sparked excitement on platforms like X and Telegram, where traders are showing off their earnings. Some are even sharing massive gains, like one who bought 58,895 $CANA for 5.30 TON ($30.76) and saw a 111% profit.

With this kind of auspicious beginnings, here’s the catch: critics call it a “pump-and-dump” scheme. It has an anonymous creator, and the hype will die once insiders cash in. For now, though, $CANA is high-riding, and going by the momentum that it gets from its name tied up with cannabis legalization, it is anyone’s guess when it shall survive.

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KuCoin Unveils KuCoin Pay to Strengthen Ties with Retail Users

KuCoin launches KuCoin Pay, which will make crypto payments as smooth as possible for retail at low fees, 54+ cryptos, and the ease of a QR code.



KuCoin, one of the largest crypto exchanges with over 37 million users, has just introduced its latest point-of-sale system, KuCoin Pay. The goal? Make paying with crypto as easy as tapping your phone. This is all about tugging crypto closer to mainstream retail and everyday use.

KuCoin Pay enables online and offline acceptance of 54+ cryptocurrencies to ensure a seamless, borderless, and low-fee experience. Designed to work in tandem with KuCoin’s giant global network, near-instant settlements are possible. For businesses, it’s super easy to set up-just plug it into your existing setup. Shoppers pay by scanning the QR code or using the KuCoin app, making crypto payments feel super familiar.

It doesn’t stop at retail stores, though: KuCoin Pay also covers stuff like purchasing gift cards and topping up mobile balances, giving crypto even more real-world utility. With an already huge user base, KuCoin is also helping businesses connect with millions of potential customers.

While it remains to be seen just how successful the service will be based on business and user adoption, KuCoin Pay is a pretty bold leap into mainstream crypto adoption. Suffice it to say, KuCoin is going all-in with making digital assets a core part of life. Want in? For all the deets, head to the KuCoin Pay site.

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SEC Approval for Spot XRP ETF: When’s the Big Green Light?

Quick Recap:The crypto fans and enthsiasts are hyped for Spot XRP ETFs, with big big names like Bitwise, 21Shares and WisdomTree racing for SEC approval.


The ETF Race Is On

XRP’s getting serious love as heavy hitters like Bitwise Asset Management and WisdomTree file for Spot XRP ETFs. First out the gate was Bitwise, dropping their S-1 application on October 2. WisdomTree joined the party in December, pitching their “WisdomTree XRP Fund” to be listed on the Cboe BZX Exchange.

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Regulatory Roadblocks (Or Not?)

The SEC’s been a total buzzkill for crypto ETFs in the past, citing market manipulation fears. But here’s the twist BlackRock’s Spot Bitcoin ETF got the nod this year, signaling a vibe shift. Plus, SEC Chair Gary Gensler (aka crypto’s biggest villain) is set to leave soon, which could totally change the game.

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Ripple Wins & What’s Next

Ripple’s epic legal W against the SEC over XRP’s status as a security adds fuel to the ETF hype train. Analysts say a Spot XRP ETF could bring more big-money players into the game, boosting liquidity and market value. While SEC filings usually take months, keep your eyes peeled 2025 might just deliver the goods in Q1 or Q2.

Fartcoin Soars 50% in a Day, Reaching $1.11 Milestone

Fartcoin has surged 50% in 24 hours, reaching $1.13 and attracting massive trading volume, with Binance offering 75x leverage, sparking interest despite the risks of meme coins.

Fartcoin’s back and bigger than ever! In the last 24 hours, the meme coin shot up 50%, hitting a high of $1.13 before settling at $1.10. With over $220 million in trading volume, it’s clear that Fartcoin’s got some serious hype going on.

The token’s market cap is now above $1 billion, and crypto traders are all over it. What’s making it even more awesome is that Binance has jumped in, adding it to its perpetual markets with a crazy 75x leverage. This is drawing in both retail traders looking for quick gains and institutional investors looking to take bigger risks.

It’s not just centralized exchanges that are buzzing. Fartcoin’s also making a splash on decentralized exchanges, with 26% of its trading volume still coming from Raydium and 23% from Meteora.

Critics are warning about the wild volatility and risk of meme coins, but Fartcoin’s massive trading volume and growing adoption across different platforms show it’s not slowing down anytime soon. Whether it’s a quick pump or the start of something bigger, Fartcoin’s got all eyes on it—and crypto traders are definitely paying attention. Stay tuned for the next move!

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MicroStrategy Bags 3,177 BTC, Boosts Yield by 0.72%

Summary: MicroStrategy isn’t showing any sign of stopping as it just added another 3,177 BTC to the mixture of already vast BTC reserve that it has. CEO and Bitcoin maxi Michael Saylor shared the win on Twitter, revealing a 0.72% yield boost that directly ups the company’s holdings. With Bitcoin chilling at $94,000, this haul adds a massive $299 million to the books, leaving shareholders grinning ear to ear.

Saylor’s Big BTC Play

Michael Saylor and his squad at MicroStrategy aren’t just holding Bitcoin; they’re making it work for them. This week, their financial wizardry netted a 0.72% yield measured in BTC. TL;DR: they turned their Bitcoin stash into even more Bitcoin. That’s 3,177 BTC added to their collection worth a cool $299M at today’s prices. Saylor called it “treasury ops,” but let’s be real, it’s straight-up Bitcoin alchemy.

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Stacking Sats Like Pros

MicroStrategy’s Bitcoin obsession is long-term, with a whopping 439,000 BTC in the vault, their stash has surged the company’s stock by over 400% in 2024. No wonder they scored a spot on the Nasdaq-100 Index.

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Fartcoin Hits $1B Market Cap Amid Altcoin Slump

Fartcoin is the ultimate meme moment! It skyrocketed 435% in 30 days, smashing a $1B market cap while other altcoins tanked. Launched in October, it’s all vibes, no utility, but somehow investors are flocking to it for “safety.” A wild ride proving the crypto world’s chaotic humor!

Fartcoin just pulled the biggest plot twist in crypto! This Solana-based memecoin surged a massive 435% in the past month, casually crossing the $1B market cap few days ago. While most altcoins are in their flop era thanks to the Fed’s rate cut drama, Fartcoin said, “Not me!” and shot to $1.27, up 38% in 24 hours.

The whole crypto market stumbled after the Fed announced fewer rate cuts for next year, sending coins like Dogwifhat, Bonk, and Theta spiraling into double-digit losses. But Fartcoin? Total outlier vibes. Investors are literally calling it the “safe” bet in this chaos. Hedgeye even joked, “Fartcoin briefly hits $1 billion as investors flee risk assets.”

Launched on Oct. 24, this memecoin’s already giving main character energy. It went from a $423M market cap in November, crashed to $160M by early December, and now it’s back with a billion-dollar bang.

You think there’s no utility? Well no problem, it’s all about the meme power and chaotic fun that only crypto can bring. Fartcoin’s rise proves that in this space there’s unpredictability ofcourse and also humor.

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Bitget Token (BGB) Soars 264% in a Month, Reaching All-Time High

Bitget Token (BGB) popped off this month, skyrocketing 264% and hitting $4.87, with $6.53B market cap and $464M in 24-hour trading volume. It is now the 6th largest exchange. Its clear to see, Bitget’s hype is real, investors are vibing hard on its derivatives and spot trading services.

Bitget Token is having currently enjoying its main character moment after skyrocketing by an impressive 264% in just one month. It led to the token smashing its all-time high at $4.87. After this the coin holds a market cap of $6.53B and a 24-hour trading volume has hit $464M. Well, this token is on everyone’s radar.

Bitget, the 6th largest crypto exchange by trading volume, has been shaking things up with its killer features, from crypto derivatives to spot trading. This surge in BGB’s price shows that the exchange is thriving in a space that’s all about survival of the fittest. Investors? They’re obsessed.

The token has a circulating supply of 1.4B out of a max supply of 2B BGB, so scarcity is definitely a flex here. In the last 24 hours alone, trading has gone wild, with massive volumes proving that FOMO is real.

Despite the market’s usual chaos, BGB’s glow-up is giving major “investor confidence” vibes. Bitget’s growing popularity and solid performance in a cutthroat market make it clear: this isn’t just a pump—it’s a moment.

TL;DR: BGB is up, the market’s buzzing, and Bitget is proving it’s not just playing the game—it’s changing it.

Also read: Bitcoin ETFs Flip Gold ETFs – Crypto’s the Main Character Now

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