Ripple continues to grow with money transfer licenses in New York and Texas
Ripple continues to strengthen its growth strategy by securing money transfer licenses in New York and Texas, further expanding its influence in the cryptocurrency space. On January 27, Ripple announced that its recent acquisition of money transfer licenses aligns with the growing demand for compliant, real-time global payment solutions in both New York and Texas.
MicroStrategy continues to purchase Bitcoin
MicroStrategy is increasing its Bitcoin holdings. Last week, the company bought an additional $1.1 billion worth of Bitcoin. To acquire more, it is considering selling part of its stock portfolio. Currently, MicroStrategy holds 471,107 BTC. On January 27, the company announced plans to offer 2.5 million units of perpetual preferred stock. This type of stock
Perplexity AI has introduced a fresh offer for TikTok
Perplexity AI, an artificial intelligence search engine based in San Francisco, has submitted a second proposal to TikTok’s parent company about TikTok’s future in the United States. The Associated Press reports that the new proposal suggests the U.S. government could acquire up to 50% ownership after an initial public offering (IPO) valued at a minimum
Tesla sales trends: A potential concern for Elon Musk
Wall Street banks are expressing concern that Donald Trump’s efforts to dismantle the Biden administration’s climate policies supporting electric vehicles could lead to significantly slower growth in Tesla’s vehicle sales this year than anticipated by its co-founder, Elon Musk. Analysts predict that Tesla is set to sell 2.07 million vehicles this year, marking a 16%
XRP starts the week with a 10% decline
On Monday, negative sentiment swept through the cryptocurrency market. China’s DeepSeek announcement raised concerns about stricter regulations on cryptocurrencies, causing significant market fluctuations. Bitcoin fell below $100,000, and XRP dropped by up to 10%. XRP traded at $2.8191, losing 10.01% according to the Investing.com Index. This decline marks the largest single-day drop since December 18,
China’s new AI application challenges U.S. dominance
The AI assistant app DeepSeek, created by a Chinese startup, has reached the top of Apple Inc.’s iPhone download charts. This success raises concerns about the United States’ leadership in artificial intelligence within Silicon Valley. Many view the AI model behind DeepSeek as competitive with those from OpenAI and Meta Platforms Inc. Investor Marc Andreessen
DeepSeek Disrupts Tech Stocks Amid Concerns Over U.S. AI Leadership
The global technology sector experienced a jolt on Monday as Chinese startup DeepSeek unveiled its latest AI model. This announcement raised alarms about the United States’ position in the tech landscape. Investors began to reevaluate the high valuations of major players like Nvidia, which has led the AI stock surge due to its advanced chips.
ZachXBT uncovers $29 million SUI token exploit
In December 2024, blockchain researcher ZachXBT uncovered a significant security breach. This incident resulted in the loss of $29 million worth of SUI tokens. It highlights the ongoing risks faced by the blockchain industry. Details of the Attack On January 26, ZachXBT detailed an attack targeting a major holder within the Sui network. The attacker
Elon Musk proposes blockchain use for the U.S. Government
Elon Musk has proposed using blockchain technology to improve efficiency and transparency in the U.S. government. The CEO of Tesla and SpaceX believes that blockchain can transform public services and enhance government operations. According to a Bloomberg report, Musk’s Dogecoin (DOGE) agency is discussing options with representatives from various public blockchain networks. However, details about
Surge in BTC holder sales following Trump’s election: 500,000 BTC sold
According to a report published by Intruderblock on X long-term Bitcoin (BTC) holders have significantly increased their selling activities since Donald Trump’s election as President of the United States. The analysis reveals that approximately 500,000 BTC, valued at around $500 billion, have exited long-term holders’ wallets since November 2024. This trend indicates a significant shift