As artificial intelligence (AI) technology is witnessing renewed worldwide and cross-industry interest sparked by the release of ChatGPT, the text-based AI platform has proven its worth in analyzing the cryptocurrency market to provide insights into the future price trends of assets such as Ethereum (ETH). In this context, Finbold has asked ChatGPT to share its predictions on the potential trading ...
As Bitcoin (BTC) becomes increasingly popular among investors around the world, MicroStrategy co-founder and executive chairman Michael Saylor has pointed out the problems with self-custody and expressed his belief that there will come a time when all the major banks will offer Bitcoin custody services. Indeed, Saylor explained that if Bitcoin was to become the solution for everyone on the ...
A Dubai-based developer has recently announced ambitious plans to construct the world’s first-ever Bitcoin (BTC) Tower, an innovative project that aims to showcase the importance of digital assets and cryptocurrencies, set to be unveiled at the upcoming COP28 meeting in Dubai on May 24. The new hotel chain set to be shaped in the style of Bitcoin is said to ...
Exchange-Traded Funds (ETFs) have experienced a remarkable surge in popularity in recent years, attracting a broad range of investors seeking exposure to diversified portfolios of assets. While traditional stock investors have long enjoyed the benefits of ETFs, the crypto community has been eagerly eyeing the potential for Bitcoin-spot ETFs to enter the market. However, Jan Van Eck, CEO of the ...
Despite the prices of most assets on the cryptocurrency market recording a bearish streak in recent weeks, Cardano (ADA) is recording impressive results in other departments, including transaction volume and count, active crypto wallets, and accumulation by large holders. Indeed, Cardano has recorded a significant increase in daily transaction volume, growing by 205.01% since the year’s turn, with more than ...
Bitcoin’s (BTC) price has been struggling to surpass the $30,000 mark, and its recent drop below $27,000 has dashed hopes of a swift recovery. This price movement comes when the crypto community gears up to celebrate Bitcoin Pizza Day on May 22, which marks the anniversary of the first-ever Bitcoin transaction for two pizzas back in 2010. As this event ...
While the majority of the cryptocurrency sector, including the flagship decentralized finance (DeFi) asset Bitcoin (BTC), is swimming in the sea of red, TRON (TRX) has been recording bullish results in multiple areas, including in terms of its price, social, and market activity. As it happens, TRON has reached the leadership position on AltRank, the list of top 5,242 cryptocurrencies ...
Over the past week, Ethereum (ETH) has demonstrated remarkable stability in its price movements, in contrast to Bitcoin (BTC), which has experienced a decline and fell below the $27,000 mark. However, it is crucial to note that Ethereum, as the second-largest market capitalization asset, has displayed resilience and exhibited signs of strength during this period. This stability in Ethereum’s price ...
As Bitcoin (BTC) continues to trade sideways, failing to overcome any significant resistance for another week, more trouble could be ahead as the flagship decentralized finance (DeFi) asset positions itself for a downside, waiting for just one more signal to continue dropping further. Indeed, Bitcoin has performed another weekly close below $27,600, which means it has fully confirmed the breakdown ...
ChatGPT, a cutting-edge generative artificial intelligence (AI) system, has gained widespread acclaim for its remarkable versatility in efficiently addressing a wide array of tasks. With its vast knowledge base and advanced language processing capabilities, this formidable AI tool has the potential to extend its influence into the realm of trading. By leveraging its strengths, ChatGPT holds promise in offering valuable ...
