DeepSeek rout costs bulls $100K — 5 Things to know in Bitcoin this week

The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks. 618 Total views 4 Total shares Stacks (STX) pared a considerable portion of the gains it made on March 10 as the euphoria surrounding its $165 million pledge to support Bitcoin (BTC)…

Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after the United States Federal Reserve pledged to reduce its $9 trillion balance sheet.While inflation has been surging worldwide, the first signs of an economic downturn showed as United Kingdom's retail sales fell 1.4% in March. Moreover,…

Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is here. 673 Total views 5 Total shares Last week saw an unlikely first move in the opening narrative battle around a prospective U.S. central bank digital currency:…

Chinese Bitcoin mining hardware manufacturer Canaan Creative is considering a new initial public offering (IPO) in New York, Bloomberg reported on Jan. 8, quoting anonymous sources.Canaan, China’s second-largest hardware player, could begin selling its shares in a private placement in the first half of this year, according to the people familiar with the matter who…

Bitcoin (BTC) starts a new week still replaying November 2020 after its lowest weekly close in two years.The largest cryptocurrency, just like the rest of the crypto industry, remains highly susceptible to downside risk as it continues to deal with the fallout from the implosion of exchange FTX.Contagion is the world on everyone’s lips as…

Artificial intelligence has come a long way in recent years, but there is still one milestone which is yet to be achieved: passing the Turing test.The premise is simple: an interrogator asks questions to a machine and to a human while sitting in a separate location, and receive the answers written down. If they can’t…

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HUMAN Protocol is a blockchain infrastructure designed to decentralize human labor by supporting the growth of digital job marketplaces.After recently launching on the Ethereum mainnet, the protocol has now gained the capacity to fully automate the lifecycle of data labeling jobs, enabling the collaboration of humans and machines to create and complete a host of…