OpenAI created the sophisticated language model known as ChatGPT. It makes use of deep learning to produce text responses that sound human in conversational circumstances. ChatGPT can comprehend and produce logical and pertinent responses when given a large enough training set. It can be utilized in many different applications, such as interactive dialogue systems, content creation and customer service. It…
Month: July 2023
Bitcoin, Ethereum CME Contracts Hit $46.8B in Trading Volume Last Month
Institutional investors turned their attention to a host of crypto products last month, per a new report. Crypto data provider CCData revealed that institutional investors have been busy trading a wide variety of financial instruments that are exposed to Bitcoin and Ethereum–showcasing upticks in spot trading volumes, derivatives trading, and CME Futures Contracts for the leading cryptocurrencies. Seemingly behind the…
The Supreme Court could stop the SEC’s war on crypto
When the leaders of the American Revolution signed the Declaration of Independence on July 4, 1776, they had no guarantee of victory. The battle for independence was underway, and their prospects were uncertain. Despite occasional victories, these audacious freedom fighters were grossly outnumbered and had difficulty retaining volunteer soldiers. Their commitment to the cause of freedom was their only fighting…
Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?
There is a common belief that when the U.S. dollar declines relative to other main global currencies, as measured by the Dollar Strength Index (DXY), the impact on Bitcoin (BTC) is positive, and vice versa. For instance, the DXY index dropped from 103.0 on Jan. 2017 to a 92.6 low on Aug. 2017, while Bitcoin rallied from $1,000 to $4,930…
Rise and Fall of Logan Paul’s NFT Project
beginner Navigating the tumultuous waters of the CryptoZoo saga uncovers a poignant narrative of a dream tarnished by controversy and fraught with legal battles. Conceived with towering ambitions, CryptoZoo, under the stewardship of Logan Paul, promised an NFT utopia. However, the tides quickly turned; plagued by delays, allegations of fraud, and broken promises, the project faltered, leaving investors in the…
Heating a home with a Bitcoin miner: Staying warm with sats
Bitcoin (BTC) miners emit a lot of heat. Some miners use that heat to warm swimming pools, dehydrate meat to make beef jerky or even dry out timber at a Swedish hydropower Bitcoin farm. In Ireland, the “Bitcoin Farmer” joked that he hangs out laundry to dry in front of his Bitcoin miner. S9 #bitcoin beef jerky pic.twitter.com/Fyc3lz98kQ — ₿usiness…
Generative Tezos Art Platform fxhash Adds Ethereum in Multichain Push
Often coined “the art blockchain,” Tezos has earned this reputation thanks to at least one key platform. Now, though, fxhash is set to also join the Ethereum ecosystem Fxhash lets users create new iterations of generative artwork, with artists limiting the number of mints for their work. Collectors discover the specific iteration they’ve acquired at the reveal, adding a unique…
Should you ‘orange pill’ children? The case for Bitcoin kids books – Cointelegraph Magazine
“Any kid who doesn’t learn something about Bitcoin is missing out,” says Bitcoin advocate Ben De Waal. De Waal explains that his 12-year-old daughter Samantha has already convinced “a couple” of her schoolmates and a teacher to hop on the Bitcoin bandwagon, though she’s not attempting to “orange pill the entire school”… yet. Ben De Waal. (Supplied) Thanks to her…
Crypto developer commits $2M rug pull fraud to fuel gambling addiction
According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project in shambles, turning a $2 million valuation into $20,000 within minutes. Several investors in the Encryption AI (0xEncrypt) project have reported that its developer performed a rug pull during a liquidity migration event. As a result, the project’s…
Bitcoin traders hope to ‘buy the dip’ as BTC price heads toward $30K
Bitcoin (BTC) headed lower into the July 5 Wall Street open as a risk-off mood entered United States equities. BTC/USD 1-day chart. Source: TradingView BTC price begins hitting dip-buying targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tapping multi-day lows of $30,280 on Bitstamp. BTC price action continued a sideways trading pattern within a larger range in place…