Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses
Bitcoin price on Aug. 29 (CoinDesk)
Artificial Intelligence
Story Protocol Developer Raises $80M Series B, Led by A16z, for Intellectual Property Chain
“We’re focused on solving a real problem that impacts the creative industry, not just creating another technical tweak,” Story Protocol CEO SY Lee says.
Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein
Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.
AI Tokens Led by FET, AGIX Surge as Nvidia Zooms to Become World’s Most Valuable Company
The AI-linked token sector has risen 14% in the past 24 hours, data shows, outperforming other sectors.
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet’s mantra of buying in doom and selling in boom.
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
AI-Linked Crypto Tokens Underperform as Apple’s Event Fails to Impress Traders
Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.
Machine learning algorithm predicts Bitcoin price for June 30, 2024
Although Bitcoin (BTC) has been dragging its feet lately, the prospects of the flagship decentralized finance (DeFi) asset look promising, … Continue reading
The post Machine learning algorithm predicts Bitcoin price for June 30, 2024 appeared first on Finbold.
AI revises XRP price prediction for end of 2024
The crypto markets have given much cause for excitement to investors and traders throughout 2024. The year has featured significant … Continue reading
The post AI revises XRP price prediction for end of 2024 appeared first on Finbold.
AI-Focused Tokens Edge Higher Ahead of Nvidia Earnings Results
FET, RNDR, TAO and AGIX gained even as the broader market benchmark CoinDesk 20 Index saw a slight decline during the day.