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Showing posts with the label predictions

Nansen’s CEO believes tokenized t-bills will disrupt stablecoins alongside other market predictions

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CEO and Co-founder of leading blockchain analytics firm Nansen.ai, Alex Svanevik, shares six themes he believes will play a role in the future of cryptocurrency. As part of this list, he shares insights on tokenized T-bills, SocialFi, Physical NFTs and the continued emergence of Web3 games. Shifting focus Over the course of the next six months, Svanevik suggests that several gaming projects are set to be unveiled, marking the culmination of over two years of development. He suggests these fits, in which he openly shares his support for, are SIPHER Odyssey, Mix Mob, a strategy card game, and Axie Infinity.  Been asked about crypto going forward. Below are 6 themes I think will play a role in the next cycle. — Alex Svanevik (@ASvanevik) October 6, 2023 At the same time, Alex cautions that while numerous gaming endeavors will enter the scene, not all will bask in success. He also calls out the impact of SocialFi, suggesting that based on on-chain data, which unvei...

How AI is changing crypto: Hype vs. reality

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In the latest Cointelegraph Report, we assessed the value AI is bringing to the crypto industry, by separating the hype from real use cases. In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology. To do so, we looked into three main areas where AI is impacting crypto : trading, data analytics, and user experience.  For many years, trading bots have allowed users to execute trades in an automated way based on certain pre-set parameters.  With the recent development of Large Language Models such as ChatGPT, AI-powered bots are capable of processing large amounts of historical data, which can be helpful in predicting future price movements.  However, despite the latest advancements, AI-powered bots are still not sophisticated enough to elaborate complex trading strategies. “It's basically like having a bunch of dumb partners who can, who can adhere to very basic commands, but they can'...

When will it be too late to invest in Bitcoin?

This week’s episode of Market Talks discusses whether it will ever be “too late” to buy Bitcoin and why BTC could take over the financial world. On the latest episode of Cointelegraph’s Market Talks , host Ray Salmond spoke with Luke Broyles, a popular Bitcoin (BTC) advocate and content creator on YouTube and X (formerly Twitter). During the show, Broyles laid out his Bitcoin invest ment thesis and his unique perspectives on how the asset’s price could eventually rise into seven-figure territory. Broyles said that in 2020, he realized the bond market was broken. While searching for alternative invest ments, he discovered Bitcoin as a sound option. When asked about his Bitcoin invest ment strategy and how he stomachs the volatility, Broyles said:  “I do not own bonds. I have sold off 97% of my stocks over the past three years, and I’m selling off the last 3% this week actually, so it’s funny that you ask that. By the end of this week, the only three assets that I will own will be U.S. ...