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$SPELL I feel that this piece is waiting for me to sell at a loss so that its value increases...
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Tajiri
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#MukeshAmbani advises students to master AI tools but emphasizes the importance of critical thinking. Reliance Industries plans to build the world's largest data center in Gujarat and is collaborating with Nvidia to enhance AI infrastructure in India. India's strong digital connectivity is seen as vital for prosperity and equality
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Why is crypto crashing right now? $BTC is down by 5%, and major altcoins have dropped 8-10%, with the market feeling shaky. However, this isn’t just a crypto issue—it’s tied to a broader stock market sell-off. Here’s why. Panic Triggered by DeepSeek The panic started in the US stock market due to a Chinese AI startup called DeepSeek. This company, which competes with ChatGPT, reportedly built its platform for less than $10 million, a fraction of OpenAI’s investment. DeepSeek Overtakes ChatGPT Today, DeepSeek became the top free app on the App Store, surpassing ChatGPT. This unexpected rise caught investors off guard and raised concerns about the valuations of AI companies, especially OpenAI. A Massive Valuation Gap • ChatGPT: $157 billion • DeepSeek: Just 0.2% of thatat This disparity has raised doubts about whether AI stocks, particularly those like OpenAI, are overvalued, leading to a sell-off in the stock market. Crypto Follows the Stock Market As stock prices drop, crypto often follows. That’s why $BTC BTC and altcoins are also seeing losses now. The market tends to overreact to sudden news, creating volatility. If you’ve been in crypto for a while, you know that panic selling rarely ends well. The market will likely settle, and it’s important to stay calm and focus on the long-term picture. #MarketPullback
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Binance Temporarily Suspends Solana $SOL Withdrawals Binance, the world’s largest cryptocurrency exchange, has temporarily suspended withdrawals of Solana (SOL) due to a massive rise in the transaction volume. Binance Customer Support announced on X (formerly known as Twitter) that the platform is in the process of refilling the hot wallet for SOL withdrawals through the BSC Network. This issue came to light when a Binance user inquired on X about the inability to withdraw of SOL tokens. The period corresponds with the launch of the Trump meme coin on Solana by US elect- President Donald Trump, which has attracted liquidity away from other tokens in the crypto market. The meme coin can be purchased using either a debit card or another cryptocurrency. As per the reports by Coin Market Cap, the price of Solana stands at $239.22, having increased by 11.42% in the past 24 hours and pumped by 29.15% over the last week. In the meantime, Binance has asked users to set reminders to receive notifications regarding the resumption of SOL withdrawals. However, the platform has not provided a timeline for when this feature will be restored, though it is expected to resume soon.
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