Posts

Showing posts with the label deepseek

Ripple: ChatGPT Rival DeepSeek Predicts XRP To Hit $5

Image
Ripple’s XRP token is recovering from its recent dip. The asset has rallied 0.1% in the daily charts, 2.1% in the 14-day charts, 54.3% in the monthly charts, and 483.4% since January 2024. Despite the rally, the asset is still down by 0.6% over the previous week. Source: CoinGecko Also Read: Best Nuclear Energy Stocks To Invest in For 2025 Why Is Ripple’s XRP Up Today? Source: AscendEX XRP’s latest upswing follows Bitcoin’s (BTC) rise to $105,000. The rally could be due to the Federal Reserve pausing interest rate hikes. The Fed could be waiting to see the impact of US President Donald Trump’s policies. Despite the pause in interest rate hikes, the Fed did not announce a rate cut. The move could lead to XRP facing a correction. Fed chair Jerome Powell stated, “ There would be no rush to cut rates again until inflation and jobs data made it appropriate. “ Also Read: VeChain to $0.13? Why VET May Be Nearing a Bullish Reversal DeepSeek Predicts The...

Nvidia's $600B Stock Crash: How DeepSeek's AI Breakthrough Shook the Market

Image
The Nvidia stock crash hit Wall Street hard as the DeepSeek’s AI breakthrough sparked a 17% drop in the chipmaker’s value. Multiple tech stocks plunged while several market experts warned about shifting industry dynamics. Source: Reuters Also Read: Ripple: AI Predicts XRP’s Price For February 1st 2025 Understanding DeepSeek’s AI Impact On Nvidia Stock, Crypto, And Market Volatility Source: Watcher Guru DeepSeek’s Open-Source Revolution Source: VisualCapitalist The Nvidia stock crash spearheaded significant market turbulence as trading commenced. Through various major price movements, shares plummeted from $142 to $124 across multiple critical trading intervals. Numerous industry analysts leveraged their expertise to pinpoint a transformative catalyst – DeepSeek’s pioneering open-source AI model revolutionized market dynamics by surpassing ChatGPT’s App Store performance across several key metrics. Source: Reuters Brian Jacobsen, chief economist ...