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Tag Archives: Artificial Intelligence (AI)

AI Tokens Surge Despite Nvidia’s $430 Billion Market Cap Loss

Nvidia’s stock has experienced a sharp decline over the past three consecutive trading days, resulting in a loss of over $430 billion in market capitalization and a 13% drop from its peak. Despite this downturn, popular AI crypto tokens have shown significant surges in the last 24 hours. AI Tokens Rally as NVDA Plunges Crypto traders closely monitor Nvidia as a key indicator for the AI cryptocurrency market. While there have been instances of parallel movement, such as during...

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Top 10 AI Cryptos to Watch in June by This Important Metric

TL;DR NEAR Protocol, The Graph, and Oasis Network lead the top 10 AI cryptocurrencies with the most development activity over the last 30 days. Recent advancements, such as the “Superintelligence Alliance” between Fetch.ai, SingularityNET, and Ocean Protocol has driven significant rallies in some AI-related coins. Here are the Leaders The market intelligence platform Santiment outlined the top 10 Artificial Intelligence (AI) cryptocurrencies involved in the most development...

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Elliptic Warns AI-Driven Crypto Crime is Only Just Begining: Report

A recent report from blockchain intelligence firm Elliptic titled “AI-enabled crime in the cryptoasset ecosystem” has shed light on the emerging threats posed by artificial intelligence (AI) in cryptocurrency crime. The report, supported by case studies, identifies five emerging types of AI-enabled crimes, ranging from deepfake scams to state-sponsored cyberattacks, emphasizing that these threats are still in their infancy. AI Deepfake Scams AI, while having the potential to...

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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue

Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI Hyperscaler. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. Core Scientific Ventures into AI The partnership is a significant milestone for Core Scientific as it...

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ChatGPT Analyzes Which AI Coin Will Be Top Performer in 2024

TL;DR ChatGPT predicts these two AI cryptocurrencies have the best chance to emerge as top performers due to their strong growth potential and advanced technology. Despite its current leadership, Internet Computer (ICP) was not ranked among the top 5 list. The chatbot emphasized that its future performance depends on integrating AI functionalities, investment levels, and regulatory changes. Observing the Chances Artificial intelligence (AI) has continued to advance rapidly...

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Reddit Stock Soars Following OpenAI Partnership Announcement

Reddit and OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT, announced a partnership to benefit both the Reddit and OpenAI user communities in various ways. According to data from Google Finance, Reddit’s stock experienced a 13% surge in after-hours trading immediately following the announcement. Reddit and OpenAI’s Partnership On May 16, Reddit announced its decision to grant OpenAI access to its Data API, offering real-time, structured, and exclusive...

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Bitcoin Dominance Suppresses Altcoin Gains: Will AI Ignite a Rally?

AI and big data crypto projects and tokens are suffering losses, reflecting a market lacking a clear direction. As a result, the broader altcoin sector is in turmoil as traders eagerly await signals from Bitcoin. A new analysis suggests that the dominance of the world’s largest cryptocurrency is increasing, which is holding back altcoin profits. A decrease in its dominance may come as a huge relief for the alts. Altcoin Rally Ahead? Glassnode founders ‘Negentropic’ observed...

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Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering

Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored with researchers from the MIT-IBM Watson AI Lab. Elliptic revealed a successful identification of illicit proceeds deposited at a cryptocurrency exchange, new patterns of money laundering transactions, and previously unidentified illegal wallets upon utilizing...

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AI and Big Data, Liquid Staking, DeFi Capture Biggest Weekly Gains

Several sectors within the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking, and DeFi projects managed to secure the most gains in the past week. According to their weekly returns, artificial intelligence (AI) and Big Data, which comprised 100 projects, topped the chart with a strong performance and a notable increase of 8.65%, as noted by blockchain intelligence platform Santiment’s latest analysis. The collective market cap of AI and Big Data currently...

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BOTTO, TOKEN, and AGIX Lead Market Cap Surge in AI and Big Data

Tokens linked to artificial intelligence (AI) projects are once again soaring, riding the bullish wave of the broader crypto market. The latest analysis by Santiment also highlighted a similar trend. The crypto analytic platform’s findings revealed an impressive growth in the market cap of AI and BigData projects. AI and Big Data Market Cap Soars In fact, assets like BOTTO, TOKEN, and AGIX have surged by impressive percentages over the past week. Despite waning crowd...

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