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Grok, an artificial intelligence (AI) developed by xAI under Elon Musk’s guidance, has quickly gained popularity on X (formerly Twitter) and in the crypto world. The model processes diverse data streams and has real-time analysis of X’s user-generated content. Previously, Grok made waves by choosing an ideal crypto currency for payments on X. In the meantime, crypto currencies are getting ready for what could be a brewing bull market. Investors are managing their portfolios, looking for the best opportunities and value asymmetry to invest in 2024. Finbold turned to Grok, seeking valuable insights on three recommended cryptocurrencies for three different investment profiles. Particularly, we asked xAI’s model to pick one cryptocurrency for a conservative, aggressive, and very aggressive investor. Grok picks Ethereum (ETH) for conservative investors Cryptocurrency Bitcoin and Solana deployed 75% of all NFTs in 2023 Cryptocurrency 3 cryptocurr...

Bitcoin (BTC) fees soared by 10 times in the last few days driving investors and cryptocurrency users to look for decentralized payment alternatives to the leader. A low-fee narrative could be brewing for cryptocurrencies that offer competitive advantages against Bitcoin in a high-fee environment. In the meantime, Bitcoin average transaction fees went from $1.13 on October 29, registered by BitInfoCharts, to the current $12.12 average in the last 144 blocks (24 hours), according to mempool.space . Notably, users paid more than $4.3 million in total fees in a 24-hour time frame from November 9. Bitcoin reward stats (144 blocks). Source: mempool.space On November 7, Finbold reported how Bitcoin fees crossed the cost of a Big Mac for the first time in months, at $6.08. Fees have doubled during these two days, suggesting that transactions can continue getting costlier without a clear ceiling.  In the past, these high-fee scenarios have driven demand and liquidity toward alternative...