Markets are entering a new phase where the AI melt-up is fading, liquidity is tightening, and crypto is showing how deeply it’s tied to the tech cycle.

DeepSeek’s R1 model is shaking up tech and crypto markets, challenging U.S. dominance in AI. How will this reshape crypto’s future?

Artificial intelligence — or AI in short — is a hot topic these days. After the successful launch of ChatGPT, experts are now debating whether AI has gotten so good that it poses an existential threat to humanity. What is the real buzz about AI? And what does it all mean for crypto?