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AI Shakes Markets, Trump’s Crypto Push, Kucoin’s $297M Fine | Bitcoin.com Weekly Update
This week in Bitcoin.com’s Weekly Update, Graham Stone breaks down the biggest stories shaking the cryptoverse:
- AI Disruption Hits Markets: Chinese AI startup Deepseek drops a shockingly cheap, high-performance model, sparking panic across Nvidia, AWS, and tech stocks. Bitcoin dips but rebounds above $100K.
- Kiyosaki Warns of Historic Crash: The Rich Dad, Poor Dad author predicts a February 2025 market collapse—but says Bitcoin will skyrocket.
- Trump’s Bitcoin Pivot: Trump vows full support for Bitcoin, a U.S. BTC reserve, and pro-crypto policies, sending bullish waves across the industry.
- Kucoin’s $297M Settlement: The DOJ cracks down on Kucoin, forcing it out of the U.S. and revealing billions in illicit transactions.
- Coinbase Overwhelmed by a Million Tokens Weekly: Brian Armstrong calls for a new listing strategy as AI-generated memecoins flood the market.
- Ethereum vs. Solana, Ripple’s Institutional Move, and Sony’s Blockchain Push: Huge developments across DeFi, Layer 1s, and traditional finance.
- Plus, Binance, Elon, Moonbeam, and other major industry players making moves you NEED to know about!
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