Darkex News January 29, 2025

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Financial Times: OpenAI Claims to Use DeepSeek’s Model for Education

OpenAI claimed to have found some evidence that Chinese AI startup DeepSeek was using its proprietary model for training. The company stated that the model distillation technique was used, which helped to achieve similar results at low cost.

by Darkex Research – 1 min read

Trump Branded Websites Start Accepting TRUMP Token Payments

Websites such as GetTrumpWatches.com, GetTrumpFragrances.com and GetTrumpSneakers.com, which sell Trump-branded products, now accept payments in $TRUMP tokens, credit cards and Bitcoin.

by Darkex Research – 1 min read

Bitwise Files with SEC for Dogecoin Spot ETF

Bitwise has filed with the US Securities and Exchange Commission (SEC) to create an exchange-traded fund (ETF) that tracks the price of Dogecoin. The Bitwise Dogecoin ETF will hold DOGE and closely track its price movements.

by Darkex Research – 1 min read

Fed Spokesperson: Trump’s Tariff Policy Could Be a Barometer for Rate Cuts

Nick Timiraos said that how Trump’s plan to increase tariffs might affect inflation expectations could be a decisive factor for the Federal Reserve’s rate cut policy. The Fed’s rate decisions will depend on the course of inflation and the effects of tariff policies.

by Darkex Research – 1 min read

Expectations Ahead of the First FED Rate Decision of 2025

Standard Chartered Bank: The Fed is expected to adopt a wait-and-see policy on rate cuts this month. It is thought that Powell will not want the FOMC to take a more hawkish stance.

Goldman Sachs: The January meeting is unlikely to bring any big surprises in terms of policy. It is unlikely that there will be guidance pointing to June and September for a possible rate cut in March.

Bank of America: The Fed’s decision to keep rates unchanged is supported by strong economic data and positive expectations for the labor market. It is anticipated that Powell will want to provide flexibility for the March decision.

JPMorgan Chase: While rates are expected to be held steady, it remains to be seen how the Fed will evaluate the Trump administration’s policies at the March meeting. Possible policy changes are carefully monitored.

by Darkex Research – 1 min read

Fed to Maintain Rate Cut Bias, even if Rate Cuts Suspended

Royal Bank of Canada Capital Markets analysts stated that the Fed’s January meeting will not lead to a major change in the market and the expectation of a rate cut will continue.

by Darkex Research – 1 min read

Czechia Considers Adding Bitcoin as a Reserve Asset

The Governor of the Central Bank of the Czech Republic, Ales Michl, will formally propose adding Bitcoin to the institution’s reserves. If the proposal is accepted, the bank could buy around €7 billion worth of Bitcoin with 5% of its total reserves of €140 billion.

by Darkex Research – 1 min read

Nvidia’s Decline Could Lead to a Rise for Bitcoin

10x Research said the DeepSeek-induced depreciation in tech stocks could be a bullish sign for Bitcoin. Nvidia’s depreciation may cause investors to turn to crypto assets.

by Darkex Research – 1 min read

Bernstein: Investors Think Crypto Markets Are Reviving

Bernstein analysts noted that in their interviews with major investors in the US, investors’ interest in crypto markets has increased and they are confident in the sector’s growth potential.

by Darkex Research – 1 min read

South Dakota and Kentucky Prepare to Introduce Bitcoin Reserve Bill

Legislators in Kentucky and South Dakota are planning to introduce bills to create Bitcoin reserves. South Dakota Representative Logan Manhart stated that this is an important opportunity for the government.

by Darkex Research – 1 min read

It’s Not Clear Whether Tether Has Applied for a MiCA License

While the EU has given stablecoin companies until March 31 to comply with the new MiCA regulations, it remains unclear whether Tether (USDT) will apply for this license. Under MiCA, USDT could face higher capital requirements.

by Darkex Research – 1 min read

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