Software company-turned bitcoin-buying entity MicroStrategy dropped the "Micro" from its name Wednesday and said it took a $1 billion write-down on its bitcoin holdings in the fourth quarter. The ...
This past week or so can be best described in one word: chaotic. First, there was DeepSeek, a Chinese company claiming to have trained an AI model that outperforms ChatGPT – using far fewer resources.
Amid such uncertainty, ether (ETHUSD) was down 12.5% over the past seven days, underperforming bitcoin (BTCUSD), which declined 6.2%, according to Dow Jones Market Data. Ether also saw a flash crash ...
Crypto majors have continued to experience selling pressure with the ongoing US-China trade war fueling a risk-off mood. For instance, despite its status as a safe haven in times of economic ...