Will AI agents lead the next hype cycle? This future is so easy to envision. That means that it is also easy to sell.
A consortium led by Elon Musk has submitted a $97.4 billion bid to acquire the non-profit that controls OpenAI. The bid aims to reverse the organization’s shift from its original non-profit mission to a structure designed to secure capital for AI research, a change that has drawn Musk’s criticism. Sam Altman, OpenAI’s CEO, dismissed the […]
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AI will drive Web3 adoption, offering personalized coaching, fan support and community engagement.
Barry Silbert thinks deAI is a generational opportunity. DCG's betting on it.
Stablecoin issuer Tether is advancing its AI initiatives with a focus on translating brain signals into speech. In a Feb. 6 post on X, Tether CEO Paolo Ardoino revealed that Tether Data’s research and development (R&D) team has built an electrocorticography (ECoG) plugin. This technology interprets neural signals, forming the foundation for brain-to-text communication. Initial tests […]
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Tether CEO Paolo Ardoino has once again refuted claims that the company is developing its blockchain. On Feb. 5, Ardoino took to X to clarify that Tether has no intention of launching a blockchain, calling the speculation baseless. His statement addressed comments from crypto influencer Ansem, who was one of the many industry voices speculating […]
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The fund is backed by a number of big-name investors in the blockchain venture capital sector including Hack VC, Delphi Ventures and OKX Ventures.
Tether, the issuer of the world’s largest stablecoin, is expanding its artificial intelligence (AI) capabilities. On Feb. 4, Paolo Ardoino, the company’s CEO, revealed that the firm is working on several AI-driven applications while preparing to launch an open-source software development kit (SDK) platform. According to him: “Tether Data, preview of some of the AI […]
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Kakao Corp. has become the first South Korean company to form a strategic partnership with OpenAI, marking a major step in the AI research firm’s expansion into Asia. The collaboration aims to integrate OpenAI’s advanced models into Kakao’s platforms, including KakaoTalk and its upcoming AI assistant Kanana, while also co-developing AI-driven products tailored to the […]
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Unlike most advancements in generative AI, the release of DeepSeek-R1 carries real implications and intriguing opportunities for Web3-AI.
Tokenization offers a blueprint for commodity markets, as it solves genuine problems.
The algorithmic trading firm’s founder opines on AI’s growing role, the differences between Asian and Western markets, and liquidity fragmentation.
VIRTUAL is the native token of the AI launchpad Virtuals Protocol, a Base-native that recently expanded to Solana.
The entry of DeepSeek into the market has caused a seismic shift in the cryptocurrency landscape, causing wide-scale volatility and significant capital outflows. Ripple effects were felt across multiple sectors, with crypto mining stocks bearing the brunt of the impact. Investors scrambled to reassess their positions. Market sentiment turned bearish within hours. Related Reading: Dogecoin (DOGE) Signals New Upside Move: Can Bulls Take Charge? Tech Giants Show Resilience Amid DeepSeek Scare Major US technology stocks remained surprisingly resilient during the uncertainty within the cryptocurrency space. Companies such as Nvidia, Apple, and Amazon were able to bounce back strongly. Their recovery was a stark contrast to the crypto market’s struggles. The divergence between traditional tech and digital assets was apparent throughout the trading session. Bitcoin And Ethereum ETFs Face Massive Withdrawals The turbulence was particularly challenging for cryptocurrency investment products. Spot Bitcoin ETFs, which had thrived with inflows amounting to nearly $2 billion in the week following Donald Trump’s second term launch, sharply reversed. Farside Investors reported that this saw the product see outflows of $457.6 million. Still, this was not better for Ethereum ETFs, which lost $136.2 million. Yesterday’s rout in the markets caused by the DeepSeek news caused investors to panic, prompting outflows from Bitcoin and Ethereum totalling US$442m and US$99m respectively. pic.twitter.com/7a01ZwUTu1 — James Butterfill (@jbutterfill) January 28, 2025 Head of research at CoinSharesCo James Butterfill broke this story open to reveal insight: “Yesterday’s rout in the markets caused by the DeepSeek news caused investors to panic, prompting outflows from Bitcoin and Ethereum totalling US$442m and US$99m respectively.” The cryptocurrency mining business was not immune to the market downturn. Large companies like Riot Platforms, Cleanspark, and MARA Holdings all recorded losses for the second day running. Their troubles reflected the greater instability in the market. According to CoinMarketCap, the global cryptocurrency market lost nearly a percent in value in the last 24 hours. Total ETP outflows exceeded $534 million during the crypto market’s stunning one-day sell-off, which rattled investor confidence. XRP, Surprise Performer Despite the general chaos, XRP was a surprise performer. Even with some drops, the digital product quickly bounced back. XRP ETPs even registered a new purchase of $2.1 million in the face of the market turmoil. Related Reading: No More Bitcoin Bear Markets Ever? Fund CIO Explores New Market Reality On-chain data supported this contrarian movement when high-net-worth wallets accumulate around 120 million XRP during the downtrend. These strategic investors apparently viewed the market dip as a buying opportunity rather than a reason to exit. The DeepSeek incident has highlighted the cryptocurrency market’s continued susceptibility to sudden shocks. Different assets and areas showed different levels of strength. XRP’s growth was very noticeable compared to the overall weakness in the market. Now that things have calmed down, investors and experts are watching to see if these trends are just a short-term issue or signal a more significant shift in market dynamics. Featured image from Gemini Imagen 3, chart from TradingView
Perplexity AI may soon incorporate crypto into its platform, according to CEO Aravind Srinivas. In a Jan. 29 post on X, Srinivas confirmed that crypto integration is on the horizon but did not provide details on how it would be implemented or when users can expect the rollout. Instead, he only responded “soon” to a […]
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According to a TradingView crypto analyst named ‘TradingShot,’ the Bitcoin price has formed a Double Bottom pattern and is on track to reach a new All-Time High (ATH) of $112,000. This potential shift in trajectory comes after the cryptocurrency experienced a severe price crash that briefly pushed it below the $100,000 mark. Bitcoin Price Finds Strong Support At Double Bottom The Bitcoin price crashed below $100,000 earlier this week as the China-based Artificial Intelligence (AI) model DeepSeek gained significant popularity across the US and global investment market, overtaking OpenAI’s ChatGPT. While this decline came as a shock, triggering a massive sell-off, Bitcoin managed to recover over 50% of its losses in a short time. Related Reading: End Of The Road For Bitcoin? Analyst Reveals When Price Will Crash To $50,000 Following this severe crash, TradingShot revealed that Bitcoin had rebounded at a Double support level, using two strong support lines to prevent further price slips. The analyst shared a detailed price chart that highlights several Double Bottoms, including one forming near the 4-hour 200-Moving Average (4H MA200). A Double Bottom pattern is a chart formation that indicates a potential trend reversal from a downtrend to an uptrend. It is characterized by two consecutive lows around the same price level and creates a W-shaped movement. Looking at the chart, the Bitcoin price is moving within an Ascending Channel, indicating a general uptrend. The 4H MA200 on the orange trend line is a strong Double Bottom support level, which Bitcoin recently tested for the first time in 12 days. TradingShot also mentioned a “Pivot trend line” in which Bitcoin previously faced resistance, starting from its ATH on December 17, 2024. This trend line now acts as a support line for the cryptocurrency, as its price has reversed near it. Notably, Bitcoin almost touched the bottom of January’s Channel Up, indicating a potential key support zone. This is similar to a pattern in December, where the cryptocurrency bounced off the same support and hit a new ATH. Key Resistance At 4H MA50 — Breakout Or Rejection? In TradingShot’s chart, the 4H MA50 is indicated on the blue line, acting as a dynamic resistance level for the cryptocurrency. Currently, Bitcoin is trading below this Moving Average, meaning a breakout above this level could trigger more upside. The analyst predicts that if Bitcoin breaks above the 4H MA50, it could continue its bullish momentum toward a higher price level between $110,000 and $112,000. This massive surge would mark a new ATH for the pioneer cryptocurrency, as the highest price Bitcoin has ever reached is above $108,000. Related Reading: Bitcoin Upper Band Moves Above $105,400 – Where Price Is Headed Next Supporting this bullish scenario, the TradingView analyst highlights Bitcoin’s Relative Strength Index (RSI), which shows oversold areas marked in green circles on the chart. Whenever RSI drops below 30, Bitcoin tends to rebound, indicating a potential for a strong bounce. Conversely, the analyst forecasted a bearish scenario for Bitcoin if it faces a rejection around the 4H MA50. He predicts that Bitcoin could revisit the Double Bottom at $98,000, a bearish level observed on both December 23 and January 13. An even deeper correction is expected for this cryptocurrency if it continues on a downtrend, with the analyst projecting a crash to $96,000. Featured image from iStock, chart from Tradingview.com
AI16z, a venture capital fund powered by AI agents, has officially rebranded to ElizaOS, marking a strategic shift in its growth and position in the industry. Following the announcement, CryptoSlate’s data indicated that the project’s AI16z token is now trading at $0.61, showing a 6% drop in 24 hours and a 50% decline over the […]
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The synergy between AI and decentralized protocols will be central to the transformation of commerce, argues the founder of infrastructure firm Boson Protocol.
Yesterday, the NASDAQ slid 3% as China’s low-cost AI model, DeepSeek, sent shockwaves through the tech industry, triggering a steep sell-off in US chipmakers. While Bitcoin (BTC) also dipped to a low of $97,777, the flagship cryptocurrency has since recovered most of its losses, trading above the key $100,000 price level. Bitcoin Holding Strong Despite NASDAQ Sell-Off Bitcoin’s resiliency amid the stock market sell-off is ‘extremely bullish’, says Bitwise’s European Head of Research, Andre Dragosch. They highlighted that the leading digital asset has outperformed NASDAQ over the past two days and is currently showing limited downside risk. It is worth noting that BTC has gained close to $5,000 since yesterday’s dip to $97,777, trading at $102,758 at the time of writing. In contrast, the S&P 500 closed yesterday’s last trading session down 1.5%. Related Reading: Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC? The decoupling between BTC and the stock market is further evidenced by differing investor sentiments. According to the ‘Fear & Greed Index’, the stock market currently sits at 44/100, indicating lingering fear among investors after yesterday’s market downturn. Conversely, the Index’s reading for the crypto market stands at 72/100, suggesting a sentiment of greed toward digital assets. However, this could also indicate that the crypto market is lagging behind the stock market and may experience a further drawdown while the stock market seeks stability. Meanwhile, Keith Alan, co-founder of Material Indicators, shared a post on X, viewing BTC’s brief slump as a dip-buying opportunity and adding to his BTC position. Alan noted: That wick to $97,750 should not shake your confidence in this Bitcoin bull run, but it should remind you that a deep correction can, and most likely will, develop when the market gets over hyped. Similarly, seasoned crypto trader and analyst Rekt Capital shared insights on Bitcoin’s current price momentum, stating that it is “still relatively early” in BTC’s parabolic phase for this market cycle. Historically, this phase has lasted about 300 days on average, and BTC is currently at day 82. BTC Top Not In Yet? Although BTC reached a new all-time high (ATH) of $108,786 on January 20, some analysts believe the top is not yet in for the cryptocurrency. According to analysis by Stockmoney Lizards, BTC could reach a cycle peak of $400,000 by November 2025. Related Reading: Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says A further rally for BTC seems plausible, as ‘whales’ have started accumulating the cryptocurrency since Donald Trump’s inauguration. Other projections suggest BTC may peak at $249,000 under the Trump administration. On a longer-term horizon, BTC could reach as high as $1.5 million according to Metcalfe’s Law. At press time, BTC trades at $102,758, up 1.1% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com
Crypto prices fell 6.5% on average on Jan. 27 amid a major sell-off in risk assets prompted by a Chinese artificial intelligence (AI) model raising worries about AI profitability. However, AI-related tokens saw slightly lower average declines for the day at 5.4%. Based on CryptoSlate data, AI tokens with the worst daily performances are AIOZ […]
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The VVV token launch could accelerate decentralized AI adoption, enhancing privacy and reducing reliance on centralized AI platforms.
The post Erik Voorhees’ Venice debuts VVV token with first airdrop targeting AI agents appeared first on Crypto Briefing.
DeepSeek impact prompts $2.5B AI market cap decrease, affecting investments and tech stocks due to cost advantages and instability.
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Shares of Cipher Mining and Core Scientific are trading down 30%, while other miners are down about 20-25%.
Bitcoin experienced a sharp decline during Asian trading hours, falling below $100,000 as widespread market turbulence impacted the broader crypto and stock markets. According to CryptoSlate’s data, BTC declined by more than 6% during the last 24 hours to as low as the $97,000 level before recovering to $99,290 as of press time. The drop […]
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Artificial Intelligence tokens have a market cap in the billions, and pools of capital startups would be jealous of. But they got beat by a lean, efficient team.
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. Not all narratives are created equal. In the age of digital financial platforms, investing in all kinds of assets has never been easier. This is happening at a time when the stakes are both clear and high. In order to […]
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Binance Labs has officially rebranded as YZi Labs and expanded its investment scope to include artificial intelligence (AI) and biotechnology, according to a Jan. 23 statement shared with CryptoSlate. YZi Labs aims to foster groundbreaking projects in Web3, AI, and biotech while identifying potential synergies across these sectors. The firm hopes to drive meaningful innovation […]
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The Solana-based DEX builder is gearing up for an expansion.
The Twitter/X account of Janice McAfee, wife of infamous cybersecurity expert John McAfee, announced the launch of AIntivirus (AINTI), a memecoin tied to an AI-driven project inspired by her late husband’s legacy. The token, which went live on Jan. 23 at 1 A.M. GMT, reached a $100 million market cap within five hours before stabilizing […]
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OpenAI has challenged the jurisdiction of an Indian court to compel the removal of ChatGPT’s training data, asserting that such an order would conflict with its legal obligations under US law, Reuters reported, citing a recent court filing. The case, filed by Indian news agency ANI in November, alleges that OpenAI used its published content […]
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