Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says

March 30, 2023 Bitcoin.com

The government should fear AI, not crypto: Galaxy Digital CEO

March 29, 2023 Coin Telegraph

Galaxy Digital CEO Mike Novogratz believes regulators have got it "completely upside-down" on crypto vs AI regulation.

Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital told investors he is shocked over the amount of regulatory attention for crypto rather than artificial intelligence (AI), a technology he believes will trigger a “deep fake” identity crisis.

The chief executive explained at the firm’s fourth-quarter conference call on March 28 that the U.S. government has it “completely upside-down” in choosing to focus so much on crypto regulation and yet turn a blind eye to AI:

“When I think about AI, it shocks me that we’re talking so much about crypto regulation and nothing about AI regulation. I mean, I think the government’s got it completely upside-down.”

This concern appeared to stem from Novogratz’s fear that AI will trigger a “deep fake” identity crisis.

“In lots of ways, one of the best use cases for crypto is going to be identity around AI, because pretty soon you’re going to get a fake Mike Novogratz, hopefully with hair [...] how do you prove identity in a world like that?” he said.

AI portrait Van Novo pic.twitter.com/ESnenSDmdb
— Mike Novogratz (@novogratz) July 16, 2022

However, he believes blockchain-based applications will play a “huge role” in combating some of the issues presented by AI:

“Crypto and blockchain is going to have a huge role in that. It is dumb to think that we should cache this industry because of Sam Bankman-Fried in his Bermuda shorts, period.”

That said, the U.S. Commodity Futures Trading Commission recently engaged in talks about AI and its impacts with the Technology Advisory committee last week.

Seller exhaustion, China easing

As for the current state of the market, Novogratz said “seller exhaustion” and the reopening of China has helped the crypto industry recover remarkably thus far in 2023.

“All the selling that needed to get done got done, right? There was so much bad news, if you had to sell, panic selling and just the nervousness of “Oh my God! This thing could go to zero,” and people were in sheer panic, you had seller’s exhaustion,” he said.

Following a tough zero-COVID approach by the Chinese government, Novogratz said he has since noticed more crypto activity coming out of China.

“China took the regulatory boot off the necks of their tech companies, and that includes crypto, [so] you’re seeing more activity from Asia.”

From a more technical lens, Novogratz was confident that the crypto market will continue in an upwards trajectory throughout the remainder of 2023:

“The market feels strong, and when I look at it technically on charts, we’ve had big weekly closes. I’m surprised to hear myself say this, given where my mindset was in late December, but it would not surprise if we were substantially higher three months, six months, nine months from now.”

The strong rebound in the crypto market reflected well on Galaxy’s balance sheet too with the firm today revealing in its quarterly results that it finally swung back into profit after a tough loss of $1 billion in 2022.

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March 28, 2023 The Daily Hodl

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Cointelegraph Markets Pro delivers trading alerts good for 65% gains in a choppy market

March 28, 2023 Coin Telegraph

Algorithm

Using proprietary indicators, Cointelegraph Markets Pro crunches real-time data to inform traders before the market moves.

Navigating the ever-volatile terrain of the crypto market remains one of the most difficult jobs for traders — but much less so for members of the Cointelegraph Markets Pro community.

With an institutional-grade crypto intelligence platform at their service, Cointelegraph Markets Pro subscribers have been able to spot significant price movements for crypto assets before the market moves on a regular basis.

This prescient ability is actually the working of Cointelegraph Market Pro’s algorithmic tools, which are designed to spot coins showing historically similar signs to coins that have moved significantly in the past.

Last week, Cointelegraph Markets Pro alerts by the Newsquakes™, Twitter Volume and On-Chain Activity indicators led Markets Pro members to opportunities to make 65% gains with just three trades!

OAX (OAX) — 39% increase

*Most Active On-Chain activity table from Friday, March 24. Source: Cointelegraph Markets Pro*

On-Chain Activity on OAX skyrocketed 405% on Friday, March 24, hinting at a massive growth spurt in the potential users of the platform. While this increase does not mean a price increase is inevitable (as the other examples show), it demonstrates how On-Chain Activity growth could be a precursor to massive price spikes.

In this example, OAX’s price increases 39% soon after the increase in on-chain activity.

OAX is the native coin of OAX Foundation, which strives to advance decentralized finance through tools, technology, applications and community support.

Arbitrum (ARB) — 14%

*Arbitrum NewsQuakes™ listing from Friday, March 24. Source: Cointelegraph Markets Pro*

Arbitrum jumped 14% on news of its listing on the Crypto.com platform.

Newsquakes™ have been the Cointelegraph Markets Pro community’s most lucrative and trustworthy indicator. Historically, had one bought and held every NewsQuakes™ listing alert for one hour, one could have yielded as much as $120,000 from a starting stake of just $1,000 — that’s 120x profit!

ARB is the native coin of Arbitrum, a layer 2 scaling solution built on the Ethereum network.

OmiseGo (OMG) — 12%

*Price chart of OmiseGo’s surge in Tweet volume Friday, March 24. Source: Cointelegraph Markets Pro*

OmiseGo jumped 12% in market capitalization soon after its Tweet Volume increased by 158% compared to its 30-day average. The Tweet Volume indicator measures public sentiment about a coin, which can precede a significant price change as seen in the example above.

OMG is the native coin of OmiseGo, an interoperable decentralized exchange and payment platform.

The Cointelegraph Markets Pro advantage

While most traders are left to fend for themselves in the highly competitive crypto trading markets, Cointelegraph Markets Pro subscribers find themselves in a community of like-minded individuals, fueled by algorithmic tools and institutional-grade data.

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See how Cointelegraph Markets Pro delivers market-moving data before this information becomes public knowledge.

Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.

All ROIs quoted are accurate as of March 28th, 2023...

7 artificial intelligence examples in everyday life

March 23, 2023 Coin Telegraph

AI impacts everyday life: personal assistants, social media, healthcare, autonomous vehicles, smart homes and more!

Artificial intelligence (AI) is becoming increasingly important in our daily lives. AI can automate routine and time-consuming tasks, allowing us to focus on more important activities. In addition, AI algorithms can analyze vast amounts of data to personalize products, services and experiences. Moreover, AI is driving innovation in various industries, such as finance, retail and education.

Here are seven artificial intelligence examples in everyday life.

Personal Assistants

AI-powered personal assistants, such as Siri, Google Assistant and Amazon Alexa, are integrated into smartphones, smart speakers and other devices and can perform a wide range of tasks, from setting reminders and sending messages to playing music and controlling smart home devices.

Social media

Social media sites utilize AI to examine user preferences and behavior, suggest pertinent material, and customize the user experience. Moreover, bogus news, hate speech and other harmful content are found and eliminated thanks to AI systems.

For instance, Meta uses AI to detect and remove fake news and other harmful content. Instagram uses AI to recommend posts and stories based on user behavior. TikTok uses AI to personalize the user experience and recommend videos.

Customer service

Businesses are increasingly using virtual assistants and chatbots powered by AI to offer 24/7 customer service. Natural language processing is used by these chatbots to comprehend consumer questions and deliver relevant responses.

For instance, many companies, such as H&M, use AI-powered chatbots to provide customer support. These chatbots can handle a wide range of queries, such as tracking orders and processing returns.

Healthcare

Applications of artificial intelligence in healthcare include patient monitoring, medication research and medical imaging. Medical picture analysis, anomaly detection and diagnosis support are all capabilities of AI algorithms.

For instance, Merative (formally IBM Watson Health) uses AI to analyze medical images and assist doctors in making diagnoses. The app Ada uses AI to help users identify symptoms and connect with healthcare professionals.

From drug discovery to clinical decision support, AI is transforming the way we approach healthcare. Some of the top AI tools in the market include IBM Watson Health and Google DeepMind Health. #HealthcareAI #AIinMedicine #HealthTech
— Pratap Venkatesan (@twitprattu) March 22, 2023

E-commerce

Customers are given product recommendations by e-commerce sites, such as Amazon, using AI algorithms based on their search queries, browsing histories and other information. Sales are boosted as a result, and customer satisfaction is enhanced.

Autonomous vehicles

AI is used in self-driving cars, trucks and buses to perceive their environment, map out routes and make judgments while driving. It is anticipated that this technology will lessen collisions, gridlock in the streets and pollutants.

For instance, Tesla uses AI to power its self-driving cars, which can navigate roads, highways and parking lots without human intervention.

Smart home devices

Smart home devices such as thermostats, lighting systems and security systems use AI to learn user preferences and adjust settings accordingly. These devices can also be controlled remotely using smartphones or voice commands.

For instance, Philips Hue uses AI to adjust lighting based on user preferences and ambient light levels.

Philips hue makes me so happy. pic.twitter.com/MHqoNvx7AK
— BLAZEAYEEN ️‍ AC 2023 (@BLAZEAYEEN) March 19, 2023

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artificial intelligence