News media is one of the three top powerful sources that influence crypto coin prices. Yet, thousands of news sources mean a trader can’t follow all of them to get the point of how the market sees a coin price potential at a certain period. Sentix is an AI-powered assistant that analyzes all types of […]
The Commodities Futures Trading Commission has urged investors to be wary of artificial intelligence-created algorithms which promise dubious returns on crypto asset investments. The commission said investors should conduct background research on the companies or individuals who offer such AI-created trading algorithms. Scammers Use Social Media and Influencers to Spread False Information The Commodity …
In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $ 15,000 to $ 45,000 per bitcoin. As of the initial week of January 2024, bitcoin’s trading value reached $ 47,000, coinciding with the approval of 11 spot bitcoin exchange-traded …
Trader and financial analyst Peter Brandt says that BTC “halving hype is a whole lot of excitement over nothing,” while developments point to imminent SEC action on the spot bitcoin exchange-traded fund (ETF) front. In other popular news this week, Ethereum co-founder Vitalik Buterin makes a hefty ETH transfer to Coinbase, attracting attention and sparking […]
Recently, the seasoned financial analyst and trader Peter Brandt has been increasingly expressive about crypto assets, with a particular focus on bitcoin and ethereum. On Dec. 21, 2023, Brandt reaffirmed his stance regarding the anticipated Bitcoin reward halving set for April 2024. He contends that the halving is overly sensationalized and will only exert a […]