AI (Artificial Intelligence) can be used in various ways within the crypto industry, such as:

Fraud Detection: AI can be used to detect fraudulent activities in crypto transactions, as it can analyze large amounts of data to identify patterns and anomalies.

Trading Strategies: AI can be used to analyze market data and create trading strategies based on historical patterns, sentiment analysis, and other factors.

Security: AI can be used to improve security in crypto by analyzing network traffic to identify potential security threats and vulnerabilities.

Market Predictions: AI can be used to analyze market trends and predict future prices of cryptocurrencies, which can help traders make informed investment decisions.

Mining Optimization: AI can be used to optimize cryptocurrency mining operations by analyzing data on energy consumption and performance to increase efficiency.

Overall, AI can help improve the efficiency, security, and profitability of crypto operations, making it an important tool in the industry.

#ai #aicrypto #crypto #rajeevanand #cryptomarg

Graph GRT

The Graph is a decentralised, open-source protocol that utilizes distributed ledger technology to gather data independently, eliminating the need for intermediaries. This protocol functions as a worldwide APU (Application Programming Interface) designed to index and organize data efficiently. It leverages the GraphQL language to enable easy accessibility and processing.

Similar to how Google indexes the web, The Graph protocol indexes blockchain data. However, indexing blockchain data poses challenges due to the presence of numerous smart contracts storing data, which can hinder swift query responses by decentralised applications (DApps). To address this, The Graph protocol employs subgraphs to effortlessly retrieve data from the blockchain. Subgraphs serve as open APIs that specify the data to be indexed and its storage method.

The native token of The Graph network is called GRT. GRT is utilized to allocate resources within the network. It is an ERC-20 crypto token that can be stored in Ethereum (ETH) and other ERC-20 compatible wallets.

With a maximum supply of 10 billion coins, the circulating supply of GRT tokens currently stands at 8.7 billion. As of now, the price of GRT is $0.1002, resulting in a market cap of $902 million.

AGIX

AGIX is currently one of the most sought-after AI coins available in the market. As the native token of the SingularityNET platform, AGIX plays a crucial role in facilitating transactions within this decentralised and open-source blockchain platform. Users can conveniently engage in buying or selling various AI products through this platform. It serves as a dynamic marketplace for trading data, models, and other essential tools that contribute to the advancement of AI through effective training processes.

The maximum supply cap for AGIX tokens stands at two billion, with a circulating supply of 1.2 billion AGIX coins. Presently, AGIX boasts a market cap of $249 million, while its price is $0.2038 as per the latest available data.

Oasis

Oasis presents itself as a layer 1 decentralised blockchain network meticulously crafted to prioritize scalability, versatility, and privacy. With a robust and secure architecture, this blockchain network enables high throughput while keeping gas fees at a minimum. Its unique architecture distinguishes it as a potential powerhouse for various Web 3.0 applications, thanks to the separation of the consensus mechanism and smart contract execution. As a result, developers can effortlessly deploy privacy-focused applications at a reduced cost.

Excitingly, Oasis recently unveiled a substantial ecosystem fund amounting to $235 million. This fund plays a vital role in providing support to projects built on the Oasis network, fostering growth and innovation within the ecosystem. ROSE, its native token is currently trading at $0.044, contributing to a market capitalization of $251 million as of the time of writing.

Render 

Render is an Ethereum blockchain-based distributed GPU network that functions as an essential platform for animation, VFX rendering, and motion graphics. Its native token, Render (RNDR), serves as a utility token specifically designed for utilization within the Render network. The network comprises two primary stakeholders: 1) Creators and 2) Node operators. Through the Render network, creators gain access to the immense GPU power available on the network, enabling them to generate high-quality images and visually captivating content at exceptional speeds and reduced costs. On the other hand, node operators lease out their GPU processing power to these creators and, in return, receive render tokens as rewards.

At present, the trading value of Render (RNDR) stands at $1.95, contributing to an impressive market capitalization of $715 million as of the time of writing.

Fetch ai

Fetch.ai is an open-source, decentralised platform with the objective of establishing a robust infrastructure for the development of a digital economy. Leveraging the power of artificial intelligence (AI), this platform empowers users to create autonomous economic agents. These agents possess the ability to engage in interactions with one another, undertaking tasks such as decision-making, data analysis, and predictive functions.

The native token of the Fetch.ai platform is known as FET. This token serves as the foundation for constructing an economic ecosystem designed specifically for autonomous AI agents, which has the potential to disrupt various industries including finance, transportation, and energy.

At present, FET boasts a circulating supply of approximately 746 million coins, with a maximum supply cap set at 3,409,064,989 coins. In terms of market capitalization, FET stands at $155 million, with its price recorded at $0.1185 as of the time of writing.

#BTC #BNB #aicrypto

Welcome to the realm of crypto profits powered by AI!

In this guide, I'll unveil five incredible ways I'm leveraging the magic of artificial intelligence (AI) to stack up the digital dough in the exciting world of cryptocurrencies.

Let's dive into the future of crypto together! 🚀💻🔥

AI-Powered Trading Bots🤖:

With AI-powered trading bots by my side, I've unlocked the ability to execute trades with lightning speed and precision. These bots analyze market trends, crunch numbers faster than you can say "crypto moolah," and strike when the iron's hot.

It's like having an army of AI assistants working tirelessly to boost my profits while I sit back and enjoy the show.

Predictive Analytics 📊:

Decrypting Crypto Trends🔍 Unlock the secrets of the crypto crystal ball! Thanks to AI's predictive analytics, I can peer into the future of crypto like a digital fortune-teller. By harnessing the power of advanced algorithms and data analysis, AI models forecast price movements and market trends. Armed with this digital divination, I make informed decisions and stay one step ahead of the crypto game. It's like having a personal AI oracle guiding me toward financial abundance.

Sentiment Analysis😄:

Ride the Wave of Market Emotions 😢 Crypto markets are a wild rollercoaster of emotions, my friend. But fear not! With AI's sentiment analysis, I'm equipped to ride the waves of market feelings like a pro surfer. By analyzing social media, news articles, and online chatter, AI algorithms gauge the collective sentiment of the crypto community. Whether it's euphoria or panic, I navigate the emotional tides to make strategic moves and maximize my gains. Embrace the power of emotional intelligence in the crypto realm!

Portfolio Optimization📈: Master the Art of Balance 🌟 Building a strong crypto portfolio is an art, my fellow enthusiasts. Luckily, AI is my artistic companion! With its sophisticated algorithms, AI evaluates different cryptocurrencies, assesses risks, and discovers correlations to create the ultimate balance in my portfolio. It's like having a digital curator arranging the perfect ensemble of coins, maximizing returns while minimizing exposure to volatility. Keep your crypto collection in tune with AI's harmony.

Fraud Detection🕵️‍♂️: Safeguard Your Crypto Kingdom 🔒 In the realm of crypto, scammers lurk in the shadows, ready to pounce on the unsuspecting. Fear not, for AI is my guardian against these mischievous villains. AI-powered fraud detection systems act as my vigilant protectors, sniffing out suspicious activities and safeguarding my digital treasure. With AI by my side, I can sleep soundly, knowing that my hard-earned crypto is shielded from the dark forces of fraud. Keep calm and let AI tackle the bad guys!

Conclusion:

In the exciting era of 2023, AI has become my trusted companion on the journey to crypto riches💪 . Through AI-powered trading bots, predictive analytics, sentiment analysis, portfolio optimization, and fraud detection, I've harnessed the power of AI to navigate the crypto landscape with confidence and success💰. So, embrace the AI revolution, my friends, and let it be your passport to a profitable crypto future.🤖

#crypto2023 #dyor #cryptocurrency #aicrypto #googleai

Recently, I sought advice from ChatGPT to develop a trading strategy to turn $100 into $10,000 as quickly as possible. While the initial suggestions were generic, I decided to be more specific and requested a strategy using an AI-based trading view indicator called Machine Learning KNN. This article will provide a detailed step-by-step guide to setting up and testing the strategy to determine its effectiveness.

Step 1: Opening Charts and Adding Indicators Before testing the strategy, we need to add the necessary indicators to the trading chart. The strategy includes three free trading tools, which we will add one by one.

To begin, open a trading chart on your preferred trading platform or software. This could be a platform like TradingView or any other charting software that supports the indicators mentioned in the strategy.

Once you have opened the chart, locate the option to add indicators or tools to your chart. This is typically represented by an icon that resembles a chart or a plus sign (+). Click on this icon to access the indicator library.

Step 2: Adding the Machine Learning KNN Indicator The first indicator we will add is the Machine learning-based KNN strategy. This indicator analyzes historical market data and predicts future price movements based on patterns. It utilizes the K-nearest neighbors (KNN) classification algorithm to determine whether a stock price is likely to go up or down.

In the indicator library, search for the Machine Learning KNN indicator. This indicator may have been created by a specific developer or author, so it's important to know its exact name or the name of the author who developed it.

Once you have found the Machine Learning KNN indicator, click on it to add it to your chart. Depending on the platform or software you are using, there may be options to customize the settings or parameters of the indicator. Take a moment to familiarize yourself with these options and adjust them as necessary based on your preferences or the default settings recommended for the strategy.

The Machine Learning KNN indicator will now be displayed on your chart, analyzing historical market data and providing predictions about future price movements based on patterns it has identified. Pay attention to the signals or labels generated by the indicator, as these will guide your trading decisions.

Step 3: Understanding the EMA Ribbon Indicator To filter out false signals, we will add the EMA Ribbon indicator by Dominic or Selecti. The Exponential Moving Average (EMA) Ribbon consists of multiple EMAs with different time periods stacked on top of each other. This tool helps identify the direction and strength of a trend in the market.

Step 4: Adding Relative Strength Index (RSI) To further confirm valid trade entries, we will use the Relative Strength Index (RSI). The RSI measures the strength of a security's price action and ranges from 0 to 100. We will make the RSI more sensitive by adjusting the upper and lower bands to 60 and 40, respectively.

Step 5: Entry Conditions for Long Trades To open a long trade, the following conditions must be met:

The price must close above the 200 EMA.

The EMA Ribbon must be above the 200 EMA and green.

Price must pull back into the ribbon without closing below the long-term EMA.

The Machine Learning KNN strategy must print a blue label.

The RSI must be oversold prior to the buy signal.

Step 6: Setting Stop-Loss and Profit Targets for Long Trades Once the conditions for a long trade are met, set the stop loss below the recent swing low and target a profit of two times the risk. Once the trade has reached 1/4 of the profit target, adjust the stop loss to the break-even price.

Step 7: Entry Conditions for Short Trades To open a short trade, the following conditions must be met:

Price and the EMA The ribbon must fall below the 200 EMA, and the ribbon must turn red.

Price must pull back into the ribbon without closing above the 200 EMA.

The RSI must become overbought during the pullback.

Machine Learning KNN must provide a sell signal, excluding cases when the RSI is oversold.

Step 8: Setting Stop-Loss and Profit Targets for Short Trades For short trades, set the stop loss above the recent swing high and target a profit of two times the risk. Move the stop loss to the break-even point once 1/4 of the profit is made.

Step 9: Backtesting and Results With the setup complete, proceed to backtest the strategy using the price of Ethereum on a 3-minute timeframe. Execute the strategy 100 times and record the results. In this specific case, the starting account balance of $100 increased to $19,527 after 100 trades.

Requesting Specific Advice from ChatGPT: Initially, ask ChatGPT to provide a trading strategy to turn $100 into $10,000 as quickly as possible. You will receive some general tips, such as focusing on highly volatile assets, using technical analysis, and maintaining disciplined trading practices. However, you want more specific guidance.

Step 2: Refining the Question for ChatGPT To obtain more targeted advice, you need to be more specific in your question. So ask ChatGPT to create the best strategy using an AI-based trading view indicator called Machine Learning. This indicator is very popular and viral.

Conclusion: While this strategy involves higher risk due to the 5% risk per trade, it can help grow a small account rapidly. However, it is crucial to conduct forward testing on a paper account before implementing it with real funds. Remember, risk management and thorough testing are vital aspects of successful trading.

#crypto2023 #aicrypto

Decentralized finance (DeFi) and artificial intelligence (AI) are two of the most significant technological advancements of recent times. Both have been gaining significant momentum in their respective industries, and the potential they hold for the future is enormous. In this article, we'll explore why DeFi and AI are destined to change the world and the potential benefits they offer.

Decentralized Finance (DeFi)

DeFi is a system of financial applications built on decentralized blockchain technology. Unlike traditional finance, which is centralized and controlled by a few large financial institutions, DeFi is decentralized and open to everyone. It is built on blockchain technology, which is a distributed ledger that records transactions and makes them immutable. This means that transactions on DeFi platforms are secure, transparent, and tamper-proof.

One of the main reasons why DeFi is destined to change the world is because it has the potential to democratize finance. It can provide financial services to anyone, anywhere, regardless of their location, income, or background. DeFi platforms can enable people to take control of their finances and access financial services without relying on traditional financial institutions. This is particularly important in regions where traditional banking is not accessible, and people are underserved.

Another reason why DeFi is so significant is that it can provide financial services more efficiently and at a lower cost than traditional finance. By eliminating intermediaries and reducing overhead costs, DeFi platforms can provide financial services at a fraction of the cost of traditional financial institutions. This can help to make financial services more accessible and affordable for everyone.

Finally, DeFi can promote financial inclusion and help to reduce inequality. By enabling people to access financial services and participate in the global economy, DeFi can help to reduce the wealth gap between the rich and the poor. This can have a positive impact on social and economic development and contribute to a more equitable and sustainable future.

Artificial Intelligence (AI)

AI is a technology that enables machines to learn from data and perform tasks that would typically require human intelligence, such as decision-making, problem-solving, and pattern recognition. It has been advancing rapidly in recent years, and its potential for transforming various industries is enormous.

One of the most significant benefits of AI is its ability to automate repetitive and mundane tasks. This can free up time and resources, allowing humans to focus on more creative and complex tasks. In industries such as manufacturing, logistics, and healthcare, AI can help to optimize processes, reduce errors, and increase efficiency.

Another significant benefit of AI is its ability to analyze vast amounts of data quickly and accurately. This can help businesses and organizations make better decisions and gain insights that were previously impossible. AI can also help to identify patterns and trends in data that humans might miss, which can lead to new discoveries and innovations.

Finally, AI can help to solve some of the world's most significant challenges, such as climate change, healthcare, and poverty. By leveraging AI's predictive and prescriptive capabilities, we can develop new solutions and strategies that can help to tackle these issues and create a more sustainable future for everyone.

The Convergence of DeFi and AI

While DeFi and AI are powerful technologies on their own, their convergence has the potential to be even more transformative. By combining DeFi's decentralized finance infrastructure with AI's predictive and prescriptive capabilities, we can create new financial products and services that are more accessible, efficient, and equitable.

For example, AI can help to analyze financial data and provide insights that can help investors make better investment decisions. By integrating AI algorithms into DeFi platforms, we can create personalized investment portfolios and investment strategies that are tailored to each individual's financial goals and risk tolerance.

Similarly, AI can help to reduce fraud and improve security on DeFi platforms by identifying potential threats and vulnerabilities. By leveraging AI's predictive capabilities, we can proactively detect and prevent fraudulent activities and cyberattacks, making DeFi platforms more secure and trustworthy.

Another area where the convergence of DeFi and AI can have a significant impact is in the field of decentralized autonomous organizations (DAOs). DAOs are organizations that are governed by smart contracts and run on blockchain technology. They are decentralized and operate without the need for a central authority.

By integrating AI algorithms into DAOs, we can create self-governed organizations that are more efficient, transparent, and responsive to their members' needs. AI can help to optimize decision-making processes and identify areas for improvement, making DAOs more effective and sustainable in the long run.

In conclusion, DeFi and AI are two of the most significant technological advancements of recent times, and their potential for transforming the world is enormous. DeFi can democratize finance, promote financial inclusion, and reduce inequality, while AI can automate repetitive tasks, analyze vast amounts of data, and help solve some of the world's most significant challenges. By combining these technologies, we can create new financial products and services that are more accessible, efficient, and equitable. The convergence of DeFi and AI is not just an opportunity, but a necessity for creating a more sustainable and equitable future for everyone.

The article first appeared on: https://www.linkedin.com/pulse/convergence-defi-ai-transformative-force-more-future-ninov-mba/

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#96.com #defi #aicrypto #artificialintellegence #googleai