More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.
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Optimism set to unlock $587M worth of OP tokens, will investors unload?
More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.
Optimism set to unlock $587M worth of OP tokens, will investors unload?
More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.
Laos government reportedly prioritizes blockchain technology for digital transformation
Laotian Prime Minister Sonexay Siphandone chaired the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation.
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.
Jimbos Protocol offers deal to hacker, threatens police action
The deal was posted to both the Ethereum network and the protocol’s official Twitter channel.
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears.
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears.
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears.
Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott's approval or veto as of May 29.
The EU is watching your wallet, but it still beats the US for crypto
Europe is requiring crypto wallet providers to track every move you make, but companies should still consider the region for its regulatory clarity.
Russia scraps plans for a national cryptocurrency exchange
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said.
Russia scraps plans for a national cryptocurrency exchange
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said.
Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K
A spike above $28,000 begins to fade as the new week begins, while a U.S. holiday means no external BTC price triggers from equities.
Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K
A spike above $28,000 begins to fade as the new week begins, while a U.S. holiday means no external BTC price triggers from equities.
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
ChatGPT always rolls a 4 but tens of thousands of traders are betting millions on its stock picks, AI expands classic album covers, and more.
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
Almost 25,000 investors have signed up to trade alongside ChatGPT as they follow the GPT Portfolio experiment from copy trading firm Autopilot.
The traders have bet a combined $14.7 million on the AI’s stock picks, which would average about $600 each if they all invested after signing up. They’re hoping to take even a small slice of a purported 500% return from one of the strategies backtested in academic research.
The GPT Portfolio gets the AI to analyze 10,000 news articles and 100 company reports to select 20 stocks for the $50,000 portfolio, updated each week. The initial picks included Berkshire Hathaway, Amazon, D.R. Horton and Davita Health. After two weeks, the portfolio is up around 2%, which is pretty much the same as the stock market.
Interestingly the bottom five picks lost more in percentage terms than the top five gained — Dollar Tree lost 17% after it missed earnings — so it might be more sensible in future to only invest in GPT-4’s best five or 10 ideas, but we’ll see how it works out.
The smaller-scale ChatGPT Crypto Trader account is tweaking a similar strategy that gets GPT-4s advice on when to go long on Ethereum. He says it shows a profit of 11,000% backtested to August 2017, but in the real-world experiment since January, the portfolio is up by a third, while the Ethereum price has gained 60%.
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
Almost 25,000 investors have signed up to trade alongside ChatGPT as they follow the GPT Portfolio experiment from copy trading firm Autopilot.
The traders have bet a combined $14.7 million on the AI’s stock picks, which would average about $600 each if they all invested after signing up. They’re hoping to take even a small slice of a purported 500% return from one of the strategies backtested in academic research.
The GPT Portfolio gets the AI to analyze 10,000 news articles and 100 company reports to select 20 stocks for the $50,000 portfolio, updated each week. The initial picks included Berkshire Hathaway, Amazon, D.R. Horton and Davita Health. After two weeks, the portfolio is up around 2%, which is pretty much the same as the stock market.
Interestingly the bottom five picks lost more in percentage terms than the top five gained — Dollar Tree lost 17% after it missed earnings — so it might be more sensible in future to only invest in GPT-4’s best five or 10 ideas, but we’ll see how it works out.
The smaller-scale ChatGPT Crypto Trader account is tweaking a similar strategy that gets GPT-4s advice on when to go long on Ethereum. He says it shows a profit of 11,000% backtested to August 2017, but in the real-world experiment since January, the portfolio is up by a third, while the Ethereum price has gained 60%.