Ethereum News Daily Official TheBitTimes.com

As China’s DeepSeek AI rattles global markets, wiping almost $600 billion off the market capitalization of chip maker Nvidia yesterday and sending tech stocks tumbling, savvy investors are seeking out the best AI agent crypto to buy now for potential gains. deepseek's r1 is an impressive model, particularly around what they're able to deliver for the price. we will obviously deliver much better models and also it's legit invigorating to have a new competitor! we will pull up some releases. — Sam Altman (@sama) January 28, 2025 Nvidia, the top chip maker for AI companies, saw its share price plunge over 16% in the last 24 hours, according to Google Finance . This follows reports that DeepSeek was able to create and train a powerful AI model for a fraction of the cost being achieved by rivals in the west. While the broader crypto market slowly starts to recover, several AI-focused tokens are leading the charge, offering promising opportunities. AI agent cryptos surged...

Solaxy ($SOLX) hits $15.3 million in its ICO, giving it more firepower to help it enhance the Solana blockchain’s efficiency. As the first Layer-2 solution on Solana, Solaxy aims to enhance the main chain’s performance. It draws comparisons to the Chinese AI company DeepSeek, which has recently been making headlines for its AI models, which rival those of industry giants like OpenAI – at a much more cost-effective rate. Solaxy is set to tackle Solana’s ongoing challenges – network congestion, failed transactions, and scalability issues – that users frequently encounter, especially during high-traffic periods. Despite the recent tumble in $SOL’s price, Solaxy’s presale has shown unwavering momentum, with investors viewing $SOLX as a promising, long-term bet on the future of an improved Solana network. Currently, $SOLX is priced at $0.001616 per token, but that price will rise in less than 19 hours as it begin...