Selasa, 28 Januari 2025

😩BTC price drops under $98K; MicroStrategy's plan to raise cash for BTC


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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

😩 Bitcoin price drops under $98K

💰 MicroStrategy's plan to raise cash for Bitcoin

🎧 Elon Musk wants government spending on the blockchain

📰 Keep reading to find out about all of today's top stories and more

Bitcoin price drops under $98K as markets sell-off following DeepSeek AI launch

Bitcoin experienced a surprising 7% correction on Jan. 27, briefly dropping below $98,000 for the first time in over 10 days. Regardless of the factors driving this movement, Bitcoin's price is struggling to reclaim the $100,000 support level, prompting traders to question whether the bullish momentum has dissipated.

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MicroStrategy proposes 2.5M share offering to fund Bitcoin purchases

Business intelligence firm MicroStrategy has proposed a stock offering to raise cash for "general corporate purposes," including acquiring more Bitcoin, signaling its intent to continue accumulating the digital asset.

According to a Jan. 27 announcement, MicroStrategy intends to offer 2.5 million units of its perpetual strike preferred stock, which is a type of stock that has a liquidation preference and pays dividends at a fixed rate. Holders also have the option of converting it into common stock.

[Cointelegraph Acceleration]

Tokenization, AI and real-world adventures: The next wave of crypto engagement

An airdrop with IRL claiming lets players unlock NFTs and rewards while exploring cities, blending real-world adventure with blockchain technology for an interactive gaming experience.

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Scam tokens surge as DeepSeek AI goes viral

Malicious "DeepSeek" crypto tokens have surged over the past 24 hours as the Chinese AI company goes viral.

According to data from security firm BlockAid, at least 75 scam tokens were created as o
f Jan. 27, representing a threefold jump from the previous day. This mirrors the spike in fake tokens released after US President Donald Trump released his memecoin on Jan. 18.

DeepSeek launched the latest version of its AI app on Jan. 20, quickly going viral and rising to the top of the Apple app store. Along with it has come an unfortunate turn: a proliferation of scam tokens seeking to capitalize on the company's success.