The post DeepSeek Rattles Markets, FED decision this Week, Abstract Launches Today appeared on BitcoinEthereumNews.com.

DeepSeek Rattles Markets, FED decision this Week, Abstract Launches Today BTC dives on DeepSeek’s impact on tech stocks. FOMC this week also blamed for de-risking. Liquidations hit $500m, funding rates flip negative. MicroStrategy buys $1.1bn more BTC. BTC heading for $70-75k: Hayes. BTC dominance rises back to 60%. Elon wants blockchain for government .efficiency. Cheaper LLMs will just lead to more demand: Pal. IBIT applies for in-kind creation and redemption. $1.9bn weekly inflows to crypto ETPs. Kraken faces setback in case against SEC. Jupiter acquires Moonshot to bolster trading. JUP up 20%, announces new fees & buyback model. Crypto hiring has ‘come roaring back’. Republicans launch debanking investigation. a16z shuts London office and exits UK. Source: https://decrypt.co/videos/interviews/oncohdkm/deepseek-rattles-markets-fed-decision-this-week-abstract-launches-today

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Filed under: News - @ January 28, 2025 8:20 pm