The company has snagged money transmitter licenses in two big states: Texas and New York. That brings their total to over 50 licenses across various jurisdictions.
KuCoin gets caught, as guilty of unlicensed money transfers
The Seychelles-based crypto exchange has just pleaded guilty to running an unlicensed money-transmitting operation.
Lunar New Year, DeepSeek and Anticipation for US regulations in crypto – factors that may affect crypto prices
Currently Bitcoin prices are bouncing between $98,000 to $105,000 range with high resistance to break its recent ATH.
With other cryptocurrencies following BTC’s trail bearish retests and market pullbacks are at play.
The Lunar New Year is a fascinating period for financial markets, and cryptocurrencies are no exception.
Historically, we’ve seen increased trading activity driven by cultural traditions like gift-giving and year-end bonuses, with some investors allocating a portion of their wealth into digital assets.
This influx of liquidity can lead to short-term price surges, though the sustainability of such movements depends on broader market conditions.
At the same time, holiday celebrations in East Asia often bring a slowdown in institutional trading, which can create periods of lower liquidity and higher volatility.
Another interesting development is DeepSeek, China’s latest AI-driven search engine, which has sparked discussions on the intersection of AI and blockchain.
While its direct impact on Bitcoin remains uncertain, the growing focus on AI-powered financial tools could eventually strengthen digital asset adoption worldwide.
Meanwhile, anticipation around US crypto regulations continues to be a key driver. With expectations of clearer frameworks and institutional engagement, regulatory clarity—particularly around Bitcoin ETFs and compliance measures—could provide a major boost to market confidence.
Ryan Lee, Chief Analyst at Bitget Research
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AI coins are crashing as DeepSeek disrupts the market
The AI coin market just took a nosedive, thanks to a new player on the scene, DeepSeek, a Chinese AI startup that’s shaking things up in a big way.
The Ripple Effect of DeepSeek’s Innovation on Crypto
With its DeepSeek’s experiment, the company is leveraging reinforcement learning and innovative reward modeling to enable accurate autonomous problem-solving.
The rapid pace of innovation, shows how breakthroughs in emerging tech can reset expectations.
However, such advancements often lead to short-term market adjustments, as seen in the recent decline of AI tokens.
The broader impact of such developments intersects with existing macroeconomic pressures, including U.S. interest rate decisions and the FOMC meeting, amplifying volatility in the crypto market.
Bitcoin’s recent dip, fall of over 5%, correlates to the combination of these factors.
As history records, tech advancements and their market impacts often stabilize as ecosystems adapt.
Ryan Lee, Chief Analyst at Bitget Research