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(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesSan Francisco Wants Wealthy Donors to Help Fix Fentanyl CrisisNY Transit Advocate Says Billions in Tax Hikes Would Fix MTAA. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in t

(Bloomberg) -- The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave troubles global economists.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesSan Francisco Wants Wealthy Donors to Help Fix Fentanyl CrisisNY Transit Advocate Says Billions in Tax Hikes Would Fix

SHANGHAI/HONGKONG (Reuters) -Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to China in an intensifying Sino-U.S. technology war. Feverish buying has pumped up shares of Chinese chipmakers, software designers and data centre operators amid patriotic calls for an upward repricing of Chinese assets as U.S. President Donald Trump recharges a trade war with fresh tariffs. "DeepSeek's breakthrough shows Chinese engineers are creative and capable of inventions that can compete with Silicon Valley," said China Europe Capital Chairman Abraham Zhang.

Standard Chartered predicts that Bitcoin will reach $500,000 before Donald Trump leaves office, citing increased investor access and reduced volatility.

The top 10 cryptocurrencies by market cap have been trading sideways, with no significant price moves over the past 24 hours, according to CoinMarketCap.

Bitcoin has reached a milestone, with its realized capitalization surpassing $850 billion for the first time.

Bitcoin miners experienced declining production in January due to near-record-high network difficulty.

The Federal Deposit Insurance Corporation (FDIC) has released 790 pages of documents detailing its interactions with banks and financial institutions seeking to offer cryptocurrency services.

Germany elects a new parliament on February 23, with potential ramifications for the financial industry of Europe's largest economy. Spoiler alert: The far-right Alternative for Germany wants to exit the euro and deregulate Bitcoin, while Chancellor Olaf Scholz's Social Democrats want to tax the super rich. The conservative alliance of Merz's Christian Democrats (CDU) and the Bavarian Christian Social Union (CSU) are leading in the polls and, where finance is concerned, lay out only broad-brush ideas with few specifics.

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesSan Francisco Wants Wealthy Donors to Help Fix Fentanyl CrisisNY Transit Advocate Says Billions in Tax Hikes Would Fix MTAGlobal fin