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Arkansas Senate rejects bill to ban crypto mining near military facilities: report

🐻 Why Did DeepSeek Crash Bitcoin and the Crypto Market? DeepSeek caused panic in the markets as Chinese developers managed to create a worthy competitor to OpenAI for just $6 million using less powerful hardware. This hit US tech giants hard: Apple, Nvidia, Tesla, Microsoft, Amazon, Meta, and Google all saw sharp declines. Nvidia alone lost nearly 17% in a single day. Although DeepSeek has no direct connection to crypto, its impact on the stock market triggered a chain reaction. The issue is that crypto currently lacks strong growth drivers, so assets are moving in line with broader market trends. However, the fact that BTC stabilized while Nasdaq continued to slide could be seen as a bullish signal. What’s Next for DeepSeek? The model is open-source, meaning other developers can use it to create cheaper and more powerful AI solutions. But there’s a catch: DeepSeek could face a ban in the US due to data privacy concerns. Similar investigations have already started in the EU.

Arkansas Senate Rejects Bill to 'Ban Cryptocurrency Mining Near Military Facilities' #Bitcoin $BTC

Arkansas Senate rejects bill to ban crypto mining near military installations The Arkansas Senate Committee on Cities, Counties and Local Affairs voted 6-1 to reject a bill that would have prohibited cryptocurrency mining operations within 30 miles of a military installation. …

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