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Showing posts with the label artificial intelligence

We asked ChatGPT when it’s the right time to buy XRP; Here’s what it said

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XRP has lost the $3 support as bearish sentiment sweeps through the cryptocurrency market, with the artificial intelligence platform ChatGPT identifying the best moment to buy the token. Notably, as of press time, XRP was valued at $2.98, having plunged about 3.4% in the past 24 hours. On the weekly timeframe, however, the asset has gained around 1.1%. XRP seven-day price chart. Source: Finbold Regarding the ideal time to buy XRP, Finbold turned to OpenAI’s ChatGPT, which outlined several buying strategies for the asset alongside factors likely to influence investment decisions. For short-term traders, ChatGPT pointed to possible entry points if XRP pulls back toward support. The first zone lies between $2.70 and $2.75, with a stronger level around $2.50. If the price revisits and holds these areas, it could provide a safer buying opportunity. Meanwhile, for swing traders, the AI model noted that the key areas to watch stand in the $3.20 to $3.30 range. Accordi...

Less Than Half of Investors Are Bullish on Artificial Intelligence-Based Crypto Products: CoinGecko Survey

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A new survey by the crypto data aggregator CoinGecko finds that less than 50% of investors are bullish on artificial intelligence (AI)-based digital assets. CoinGecko polled 2,632 anonymous crypto investors around the globe between February 20th and March 10th of this year to gain insights on the merger of cryptocurrencies and AI. Results show that 46.9% of crypto investors are either somewhat bullish or bullish on crypto AI products. The survey also reveals that 29% are neutral and the rest are either somewhat bearish or bearish on AI-based crypto assets. Source: CoinGecko On the prices of AI crypto tokens, 44.3% of participants said they were bullish, 29.3% were neutral and 26.3% were bearish. The survey found that the earlier an investor adopted crypto AI products, the more likely they are to be bullish toward them. “‘The ‘Early adopter’ and ‘Early majority’ groups were the most bullish, albeit by a slight margin, as well ...

Microsoft (MSFT) Key Part of New $2.7B Data Center Investment

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The growing demand for artificial intelligence products cannot be denied despite the most recent US stock market downturn. That intrigue has driven companies to continue embracing opportunities in the sector. The latest effort will now see Microsoft (MSFT) as a key part of a new $2.7 billion data center investment. The Windows developer will be joined by two companies that are set to expand their AI footprint. Specifically, the move will greatly increase the overall AI commitment for all businesses involved. Moreover, they could set up significant increases for the respective stocks throughout 2025. Source: Fox Also Read: Microsoft (MSFT): Why One Investment is Keeping The Stock Afloat Microsoft One-Thirds of Critical $2.7 Billion Data Center Investment Just seven days ago, news surfaced that Microsoft was developing its very own AI. It was seeking to become a greater competitor in the market as it faced off against some of the biggest names in tech. Now, that has taken place yet again...

AI predicts DOGE price for year-end

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The original meme coin, Dogecoin (DOGE) has been rapidly regaining prominence thanks to a major rally it has been experiencing in the last 7 days.  Indeed, the popular cryptocurrency is up 24.72% within the time frame and boasts a press time price of $0.17 – its highest since May, if the latest peaks are disregarded. DOGE 7-day price chart. Source: CoinMarketCap One of the bigger drivers of the surge – as befits a meme coin – has been Elon Musk’s appearance at Donald Trump’s recent New York rally and likely role in the administration as part of the Department of Governmental Efficiency – D.O.G.E. Picks for you This is why Dogecoin (DOGE) is surging 16 hours ago Legendary trader reveals when Bitcoin 'rea...

Crypto Trader Predicts Breakout Rally for FET, Updates Outlook on WIF and Two Additional Altcoins

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A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he’s accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.10 before breaking out to $1.70. “FET: underwater on these first entries; going to cut it if it loses the 200 exponential moving average on the four hour. Have more entries lower and will wait. Still think the chart looks decent on lower time frames but I also recognize we’re in a bullish trend on the one day. Lose $1.10 and I’m out.” Source: Altcoin Sherpa/X At time of writing, FET is trading for $1.12, down over 9% on the day. Turning to memecoin dogwifhat (WIF), the analyst thinks the Solana (SOL)-based altcoin will continue to trade in a wide range for now. “WIF s...

BRICS: Saudi Arabia Announces $40 Billion Artificial Intelligence Plan

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The soon-to-be BRICS member Saudi Arabia is investing massively in Artificial Intelligence (AI) technology. The Kingdom is creating a gigantic fund and could become the largest player in the emerging AI sector. The AI industry is experiencing a ‘gold rush’ with countries advancing to capitalize on the growth. While the US is currently commanding the AI sector, Saudi Arabia looks to overtake America to become the go-to country for AI. Also Read: Saudi Arabia : Non-Oil Revenue Hits 50% of GDP for the First Time BRICS: Saudi Arabia Creates a $40 Billion Fund For Artificial Intelligence (AI) Source: (Bandar Aljaloud / Saudi Royal Palace via AP) Saudi Arabia announced that it will create a $40 billion fund pool to advance the growth of Artificial Intelligence . If Saudi Arabia joins BRICS , the alliance could not only control the global oil sector but might dominate the AI sector too. The country’s Public Investment Fund revealed that they’re in talks for a po...