Day: January 28, 2025
Crypto market prospects after the DeepSeek storm
The recent upheaval caused by DeepSeek has significantly shaken the financial markets. As a result, Bitcoin and other cryptocurrencies have experienced notable fluctuations. This event has sparked discussions about the influence of artificial intelligence on the economy and the future of digital currencies. Insights from Bybit TR Country Manager Kutluhan Akçın Bybit TR Country Manager
Elon Musk showed support for Jack Dorsey’s tweet
Chinese artificial intelligence company DeepSeek has recently gained attention by causing significant declines in the American stock and cryptocurrency markets. This event highlights the importance of open-source code and cost-effectiveness in AI technology. Many prominent figures, including Elon Musk, have criticized the closed-source nature of OpenAI’s ChatGPT. In response, Musk’s xAI company has developed an