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Deepseek

DeepSeek AI Frenzy Sparks Market Turmoil, Bitcoin Miners Face Steep Losses

DeepSeek’s rise triggers sharp declines in publicly traded bitcoin mining stocks, with major firms like Marathon Digital and Riot Platforms seeing double-digit losses. Investors reassess risks as AI adoption accelerates. On January 27, 2025, U.S. and European equities experienced declines amid heightened interest in the Chinese artificial intelligence platform, DeepSeek. This shift in market sentiment…

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Hive Digital

Hive Digital’s $56M Paraguay Expansion to Quadruple Bitcoin Mining Capacity by 2025

Hive Digital’s $56 million acquisition of a 200 MW hydro-powered mining facility in Paraguay will increase its global Bitcoin mining capacity to 25 EH/s by late 2025. Hive Digital Secures Major Paraguay Expansion Hive Digital Technologies Ltd. (TSXV: HIVE) has announced a $56 million acquisition of Bitfarms’ 200-megawatt (MW) hydro-powered Bitcoin mining facility in Yguazú,…

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Visa

X Partners with Visa to Launch X Money Account, Advancing ‘Everything App’ Vision

X has partnered with Visa to launch the X Money Account, integrating instant payments, debit card features, and secure transfers. This move brings Elon Musk’s vision of an “everything app” closer to reality. Social media giant X (formerly Twitter) has announced a partnership with Visa to introduce the X Money Account, a new financial service…

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Chinese Court Tags Futures Trading on Exchanges Gambling, Prosecutes Employees and Promoters 

A Chinese court yesterday ruled Futures trading on exchanges is illegal gambling and against Chinese anti-gambling laws.  The Court reacted to a Chinese exchange BKEX 1000 leverage which it called inappropriate and used to promote bets on Price movements.  Employees and external promoters working with the exchange were prosecuted by the court. They were eventually…

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cme group

CME Group Futures Go Live on Robinhood, Expanding Retail Access to Bitcoin and Major Markets

CME Group and Robinhood announced the launch of futures trading on Robinhood’s mobile app, enabling U.S. retail investors to trade derivatives tied to equities, cryptocurrencies, commodities, and foreign exchange. The rollout, which began January 29, includes Bitcoin Friday futures (BFF) and Ether contracts, alongside products linked to major indices like the S&P 500 and commodities such…

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Trump Media

Trump Media Expands Into Financial Services Amid Crypto Market Interest

Trump Media & Technology Group Corp. (Nasdaq: DJT) (“TMTG”) has announced its expansion into financial services and fintech with the launch of Truth.Fi, a new investment platform focused on “America-First” principles. Notably, the company’s board of directors has approved a strategy to develop multiple investment vehicles, including separately managed accounts (SMAs), exchange-traded funds (ETFs), and potential…

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