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Bitcoin nears $64K amid AI breakthrough from Beijing's Moonshot and mixed US inflation signals.
Bitcoin recovered to about $63,972 after midweek losses, influenced by a new AI model, Kimi K3, from Beijing's Moonshot AI that outperformed top models from OpenAI and Anthropic. This AI advancement challenges costly infrastructure assumptions, impac...
Investors rotate from semiconductor stocks to Bitcoin, gold, and fintech amid chip sector sell-off.
A broad sell-off in semiconductor stocks, driven by high valuations and a 20% drop in the Philadelphia Semiconductor Index, is prompting investors to shift capital toward Bitcoin, gold, and financial sectors focused on payments and fintech. This rota...
Bitcoin faces pressure with longest negative Coinbase premium streak amid ETF outflows and price drop from $76k to $63k.
Bitcoin has experienced a record 60-day streak of negative Coinbase Bitcoin Premium Index, indicating it trades cheaper on Coinbase than Binance, reflecting market pressure. This prolonged negative trend coincides with significant ETF outflows and a ...
