Short News
522 articles
Microsoft’s $500B AI Vision Expands with TikTok Acquisition Bid
Microsoft the 2nd largest company in the US a large shareholder in OpenAI and now project Stargate the $500B AI infrastructure project now wants to buy TikTok. ByteDance, TikTok’s Chinese parent, would retain a minority stake under the proposed deal. Oracle is expected to oversee key operations like data management and algorithm updates. While former …
Qadir AK·28 Jan 20251 min
Pro-Crypto Scott Bessent Confirmed as U.S. Treasury Secretary
The U.S. Senate has confirmed Scott Bessent, a known cryptocurrency supporter, as the new Treasury secretary. Bessent, a billionaire hedge fund manager, has voiced strong support for the crypto industry, calling it “here to stay” and opposing the idea of a U.S. central bank digital currency. Bessent will also join the “Presidential Working Group on …
Mustafa Mulla·28 Jan 20251 min
Coinbase CEO Calls for Flexible Crypto Rules as Altcoin Launches Soar
Brian Armstrong, CEO of Coinbase is calling for more flexible regulations as the exchange struggles to keep up with the large number of new altcoins. He mentioned that about one million tokens are launched weekly, making it hard to evaluate them all individually. Coinbase is reviewing its listing process, where a dedicated team checks each …
Nidhi Kolhapur·28 Jan 20251 min
QCP Group: Bitcoin’s Upward Break Unlikely Without Strategic Bitcoin Reserve Confirmation
Recently, QCP Group noted that Bitcoin (BTC) dropped below $100,000, along with other risky assets declining, as worries about China’s Deepseek technology spread across global markets. QCP believes that BTC won’t rise without the confirmation of a Strategic Bitcoin Reserve. It noted that the Trump administration’s evaluation for a ‘national digital asset stockpile’ was not …
Nidhi Kolhapur·28 Jan 20251 min
DeepSeek Overtakes ChatGPT to Claim the Top Spot on the US App Store
DeepSeek R1, an open-source AI model developed by Hangzhou DeepSeek, has taken the top spot on the US and China Apple App Store, surpassing ChatGPT in downloads. Released on January 20, this AI model quickly gained attention for its “high quality and low price.” DeepSeek-R1 excels in tasks like math, coding, and natural language reasoning, …
Mustafa Mulla·27 Jan 20251 min
Solana Memecoin ‘Runes’ Crashes from $28M to $500K as Developer’s X Accounts Suspended
The launch of a new memecoin called Runes on Solana has turned into a rollercoaster ride for investors. Created by Rune developer Runetoshi, the token initially soared to a staggering market value of $28 million shortly after its debut. However, the excitement was short-lived, as a rapid sell-off caused its market value to plummet to …
Mustafa Mulla·27 Jan 20251 min
Jupiter Burns $3.6B in Tokens and Announces Buyback Plan – JUP Price Jumps!
Jupiter, a leading Solana-based DEX aggregator, has made waves by burning $3.6 billion in tokens and launching an exciting buyback strategy. During its first-ever ‘Catstanbul 2025’ event, pseudonymous founder ‘Meow’ announced a game-changing plan, 50% of the platform’s protocol fee revenue will be used to buy back JUP tokens, which will be locked in a …
Mustafa Mulla·27 Jan 20251 min
Over 29 Million XRP Transferred To Major Crypto Exchange Coinbase
Over 29 million XRP, worth over $92 million, has been moved to the major crypto exchange Coinbase, sparking interest in the crypto community. Whale Alert tracked the transfer, which involved 29,532,534 XRP from an unknown wallet to Coinbase. Although large transfers like this often signal the intention to sell, the true reason remains unclear. The …
Mustafa Mulla·27 Jan 20251 min
Brazilian Oil Giant Petrobras to Enter Bitcoin Mining with Innovative Plan!
Petrobras, Brazil’s state-run oil company, is getting into Bitcoin mining. They plan to use the gas produced during oil extraction to power Bitcoin mining. This project aims to make energy use more efficient and reduce carbon emissions. By using waste gas, Petrobras hopes to contribute to both the Bitcoin industry and environmental goals. This new …
Mustafa Mulla·27 Jan 20251 min