China’s recent release of the Deepseek R1 AI model is causing ripples in the AI world. This model is surprisingly cost-effective and powerful, potentially disrupting the industry. Deepseek R1: A Game Changer Deepseek R1 rivals—and possibly surpasses—top models like OpenAI’s GPT-4 and Meta’s LLaMA, but at a fraction of the cost and development time. This…
A crypto analyst is reporting some major activity in the Ethereum market. According to trader Ali Martinez, massive investors, known as “whales,” purchased over $3.8 billion worth of Ethereum in just 48 hours. Ethereum Whale Activity Martinez, who boasts a large following on X (formerly Twitter), highlighted this significant buying spree, noting the acquisition of…
A popular crypto analyst, Pentoshi, is predicting a massive surge in the market value of Real-World Assets (RWAs) in the crypto space. He believes this sector could reach a staggering $1 trillion market cap by 2030, or even sooner. RWAs: Tokenizing the Real World RWAs represent a relatively new area of crypto, focusing on putting…
The House Oversight Committee is investigating claims that US banks have been unfairly cutting ties with cryptocurrency companies and individuals. This practice, often called “de-banking,” allegedly targets those involved in the crypto industry. The Investigation’s Scope The committee sent letters to several prominent figures in the crypto space, including executives from Uniswap, Andreessen Horowitz, Coinbase,…
Elderly people are increasingly becoming victims of sophisticated scams, with little protection in place. The problem is widespread and devastating, as illustrated by several recent cases. A $109,000 Loss A 91-year-old Georgia man, Loris Sinanian, recently lost over $109,000 to a scammer posing as an old friend. The scammer, after gaining remote access to Sinanian’s…
With US tax authorities cracking down on crypto reporting, decentralized platforms are becoming increasingly attractive. Centralized exchanges (CEXs) will soon be reporting transactions, and even big players like MicroStrategy might feel the heat. This makes decentralized options a safer bet for many investors. Here are four promising projects: $FLOCK: Meme Culture Meets DeFi $FLOCK is…
Bitcoin’s price is hanging around $105,000, and nobody’s quite sure what’s next. A breakout could send it soaring, but it needs to hold a crucial support level to keep the bullish momentum going. Holding the Line: $97,877 After a price correction in late 2024, Bitcoin roared back in 2025, even hitting a new all-time high…
David Sacks, President Trump’s appointee as crypto czar, is confident the US will quickly become a major player in the global digital asset market. He believes a recent executive order focusing on clearer crypto regulations will be the key. Closing the Gap In a recent interview, Sacks highlighted how other countries, particularly Singapore and some…
Despite economic worries, six major US banks smashed profit records in 2024. JPMorgan Chase, Citi, Bank of America, Goldman Sachs, Wells Fargo, and Morgan Stanley collectively earned a staggering $145.68 billion. A Year of Record Profits This massive profit surge, a 20% jump from 2023, is the second-highest in 17 years. Investment banking and deal-making…
Elon Musk, head of the newly formed Department of Government Efficiency (DOGE), is reportedly looking into using blockchain technology to revamp government operations. Blockchain for Better Government? Sources say Musk is exploring blockchain’s potential to: Reduce government spending Track federal funds Improve data security Streamline payments Manage government properties Inside DOGE’s Blockchain Initiative People familiar…
