Cryptocurrencies and the shares of crypto-related firms like MicroStrategy also fell, even though crypto has “nothing to do” with DeepSeek, SMARDEX decentralized exchange founder Jean Rausis told MarketWatch.
Rather, crypto was simply a victim of broader market sentiment. JP Richardson, CEO of crypto exchange Exodus, told Fortune that crypto is a “risk-on” asset and “When there are any shakes or fears in the stock market” such as the appearance of an unexpected AI model, “typically, you see a correlation in the fall of price in the stock market, and that of cryptocurrency and Bitcoin.”
I sign up with DeepSeek to check what good it offers to the community. I am not really pond of using AI but out of curiosity, the interface is very clean, and the information they load up is good and looks like it is complete. I think Deepseeks will serve a lot of business considering the price is way cheaper than the other well-known AI models. Only the future can tell us if Deepseek will beat other AI, but right now they have an edge.
So how should we process the coming in of DeepSeek? Will this be just another manifestation that we can entering the China century...as it may continue to disrupt many industries into the future and has become a major factor even in an industry that China does not want to involve with?
Choose DeepSeek if you need advanced data analysis, insights, and automation. It's suitable for businesses, researchers, and analysts who want to leverage AI for data-driven decision-making.
So, there is now a rivalry in there and Deepseek isn't even existing for too long. The exploration for AI technologies are starting to emerge.china would definitely continue to improve and deepseek would not be the last ai tech to come out of this generation there will be more advanced technologies and trends would emerge and whoever country gets it right and becomes successful would make the most money and would benefit from it the most we have yet to see how china could make use of deepseek as it is still quite new but i am sure that at least for a few months it will be good for their country maybe not so much for the usa
---Well, maybe let's also add the fact that the price movement of the Stock market and the crypto market is almost the same that's why when the US Stock Market went down, so does the crypto market. Coupling? I guess. :)
So how should we process the coming in of DeepSeek? Will this be just another manifestation that we can entering the China century...as it may continue to disrupt many industries into the future and has become a major factor even in an industry that China does not want to involve with?
China Century? Hmmm, it's hard to tell TBH, but I don't think that the US will let it happen though.
I also saw this news but I was wondering what truly is the link between this Deepseek and the Crypto market... It was a clear observation that the market was trending downwards even until now. I begin to wonder if the AI is also an investor in crypto, or it's just there to cause a price disrupt but on the other hand, we call the current market trend a retracement.(https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2025/01/01/edb65604-fdcd-4c35-85d0-024c55337c12_445e846b.jpg?itok=En4U4Crq&v=1735725213)
In recent days, DeepSeek was in the news and seems to me there is a huge interest on this beast most especially in the Western World. DeepSeek (https://www.bbc.com/news/articles/c5yv5976z9po)is a Chinese-made artificial intelligence (AI) model, this shot to the top of Apple Store's downloads, stunning investors and sinking some tech stocks.
While this got no direct connection to the world and market of cryptocurrency, DeepSeek nevertheless made a significant impact on the cryptocurrency and tech markets so we should be wondering what it is on this thing and what does it mean for China and the rest of the world?QuoteCryptocurrencies and the shares of crypto-related firms like MicroStrategy also fell, even though crypto has “nothing to do” with DeepSeek, SMARDEX decentralized exchange founder Jean Rausis told MarketWatch.
Rather, crypto was simply a victim of broader market sentiment. JP Richardson, CEO of crypto exchange Exodus, told Fortune that crypto is a “risk-on” asset and “When there are any shakes or fears in the stock market” such as the appearance of an unexpected AI model, “typically, you see a correlation in the fall of price in the stock market, and that of cryptocurrency and Bitcoin.”
Source: https://cointelegraph.com/news/deepseek-crash-bitcoin-crypto
So how should we process the coming in of DeepSeek? Will this be just another manifestation that we can entering the China century...as it may continue to disrupt many industries into the future and has become a major factor even in an industry that China does not want to involve with?
So how should we process the coming in of DeepSeek? Will this be just another manifestation that we can entering the China century...as it may continue to disrupt many industries into the future and has become a major factor even in an industry that China does not want to involve with?DeepSeek does not disrupt the tech or crypto market, we still have BTC price above the $100K zone. Everything is still very stable for the crypto market and holders can continue to hold to target!
Even this percentage is not large, there is no connection between DeepSeek and cryptocurrencies, but news articles find it an opportunity to gain free views, as many readers tend to read news that raises controversy, and DeepSeek was the first source of controversy.
DeepSeek only makes traditional investors understand the AI market better, and causes the price of many AI stocks to adjust to their fair value instead of being inflated. When investors are worried, they also sell BTC because they only see BTC as a fintech stock, which causes the crypto market to decline slightly at the end of the week.
So how should we process the coming in of DeepSeek? Will this be just another manifestation that we can entering the China century...as it may continue to disrupt many industries into the future and has become a major factor even in an industry that China does not want to involve with?This relation of Deepseek with stocks and then the relation of stock with down trend of crypto is a valid explanation because when most of the sticks falls crypto also falls but due to this deepseek project only AI companies lose their stock value so due to this crypto should not dump. But if big players are saying it was due to deep seek then I think we should avoid deepseek ;)
So how should we process the coming in of DeepSeek? Will this be just another manifestation that we can entering the China century...as it may continue to disrupt many industries into the future and has become a major factor even in an industry that China does not want to involve with?Well till now we might have processed the coming in of deepseek which was nothing but overhyped project as we can see the current traffic of this project is not bigger than even Chat GPT and the investment is also lesser. This is just another AI model better than Chat GPT the more can be explained by some AI expert as I am not.
China Century? Hmmm, it's hard to tell TBH, but I don't think that the US will let it happen though.
China's DeepSeek has leveled up the AI industry
They are very cheap API PRICING (https://api-docs.deepseek.com/quick_start/pricing), but of course the US AI companies that produce AI will try to be competitive and will try to match up DeepSeek presence in the AI industry.
DeepSeek is not even one of those big Chinese corporations. It's basically a startup. So it's really big news that this has not only upended models like OpenAI's but even the Chineses' native models.it has made such a big headline because a lot of people found it to be more helpful than ai but now i do not see many people talking about it anymore it has made such a big impact but at the end of the day people will always go for the one that they already are familiar with i think until now openai remains to be the top one when it comes to ai tech correct me if i am wrong though