Month: July 2023

12 things blockchain protocols should consider when exploring AI 

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Across industries, it seems all anyone is talking about is artificial intelligence. Even companies that aren’t tech-forward are scrambling to discover how AI works and what it could do for them. Given the impact AI is predicted to make, it’s hardly surprising that blockchain protocols — part of an industry that is decidedly tech-forward — are exploring what role(s) AI could play for them. From data analysis to improving scalability to fostering interoperability, AI could prove to be a powerful tool in the arsenal of blockchain protocols. Still, it’s essential…

Bitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’

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Bitcoin (BTC) targeted new month-to-date lows at the July 18 Wall Street open as bulls refused to give up on the $30,000 support. BTC/USD 1-hour chart. Source: TradingView BTC price: Heavy resistance risks weekly downtrend Data from Cointelegraph Markets Pro and TradingView showed BTC price action dropping after a modest rebound from $29,675 — its worst level in July so far. Few signs of upward momentum and a waning relative strength index (RSI) offered little hope for those seeking a return to range highs. Traders continued to offer downside targets…

Bitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’

Bitcoin (BTC) targeted new month-to-date lows at the July 18 Wall Street open as bulls refused to give up on $30,000 support. BTC/USD 1-hour chart. Source: TradingView BTC price: Heavy resistance risks weekly downtrend Data from Cointelegraph Markets Pro and TradingView showed BTC price action dropping after a modest rebound from $29,675 — its worst level in July so far. Little sign of upward momentum and a waning relative strength index (RSI) offered little hope for those seeking a return to range highs. Traders continued to offer downside targets extending…

Institutions Bet That Crypto’s Future Lies in the Real World

That tokenized “stuff” can be almost anything. Artwork, real-estate, luxury items, wine bottles, cars, carbon credits, and financial instruments like T-bills and stocks — they can all go on-chain. “We’re trying to get everything to tokens, then we’re going to try to see if we can wipe out all the costs from the underlying systems,” says Allan Pedersen, CEO of the Monetalis group, which has worked to tokenize RWAs and use them as collateral on MakerDAO. Pedersen says they have tokenized $1.2 billion in treasury bills that are now used…

Bitcoin Price (BTC) Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers

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On its face, the retail sales report from the U.S. Census Bureau for June showed some weakness, with the headline number rising 0.2% last month versus forecasts for 0.5% and May’s 0.5%. However, the retail sales “control group” – which filters out some components to compile a more precise gauge of consumer spending – rose 0.6% in June, more than double May’s pace and far ahead of estimates for a decline of 0.3%. Original

EU stays on top of Web3 with metaverse, AI and crypto strategies

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The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies.  It has been a leader in establishing clear crypto regulations with its long-awaited Markets in Crypto-Assets (MiCA) framework signed into law in late May. The EU has also been pushing forward on creating regulations for the development and deployment of artificial intelligence (AI) systems. Most recently, on July 11, the European Commission released its latest plan to take the lead in metaverse development and prevent Big Tech from becoming too dominant in an economically viable…

Joint letter from the ICO and FCA to UK Finance and Building Societies Association

It is more important than ever, with increasing cost of living pressures, for firms to ensure their customers are receiving fair value on their savings. We note that some firms have raised the rates of existing savings products, and others have taken positive steps to communicate with their customers to ensure they know the best rates available to them. However, too many customers are sitting on low rates or not accessing products that may offer better value. Some firms have queried whether data protection regulations prevent them from telling savings…

9 AI coding tools every developer must know

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In the rapidly evolving field of artificial intelligence (AI), developers constantly seek tools and technologies to enhance their coding efficiency and productivity. From machine learning frameworks to code generation utilities, various AI coding tools have emerged to simplify complex tasks and accelerate the development process. This article will explore nine essential AI coding tools that every developer should be familiar with. TensorFlow Google created TensorFlow, a popular open-source platform for creating machine learning models. It provides a complete collection of tools and libraries that allow programmers to quickly create, train…