DeFI News by Thebittimes.Com

With the cryptocurrency market turning its attention to altcoins, investors face a flood of options, making it challenging to identify the best picks.  This renewed focus on altcoins is largely driven by Ethereum’s (ETH) sustained bullish run as the cryptocurrency attempts to establish itself above the $4,000 support zone. To help pinpoint potential winners for the second half of 2025, Finbold consulted OpenAI’s ChatGPT, which highlighted the following two assets. Optimism (OP) According to ChatGPT, Optimism (OP), a Layer-2 scaling solution for Ethereum, shows strong growth potential. The model cited cryptocurrency analyst Michaël van de Poppe, who projects a potential 280–380% rally within months, noting that an OP breakout may be imminent. This can basically be seen on all #Altcoins. They are all facing a crucial resistance and trends are flipping bullish. The breakout on $OP is around the corner (crucial level at $0.90 and $W at $0.10. What's the u...

Bitcoin (BTC) remains in a consolidation phase, and breaching the $85,000 resistance has emerged as a key target for investors.  Amid this market sentiment, two artificial intelligence (AI) models are projecting that the maiden digital currency is likely to edge higher on May 1 and possibly trade slightly above the $90,000 mark. Overall, insights from OpenAI’s ChatGPT and xAI’s Grok present a cautiously optimistic outlook for Bitcoin. AI predicts Bitcoin price  ChatGPT predicted that Bitcoin will trade between $91,000 and $96,000 by the beginning of May. The model cited continued momentum from Bitcoin’s April 2024 halving, which has historically triggered multi-month rallies. It also highlighted sustained institutional interest, particularly through spot Bitcoin ETFs, which continue to absorb supply during market dips. ChatGPT Bitcoin price prediction for May 1,2025. Source: ChatGPT According to ChatGPT, the technical setup remains bullish followin...

With the Trump administration officially backing the cryptocurrency domain, Ripple is exploring new ways through which it can rise above the radar and establish its own unique positioning. For instance, the token is still awaiting respite from its years-long case with the US SEC. With the new SEC regime under Trump, the odds of XRP finally coming into the clear are gaining momentum. Will this scenario help XRP gain credible price momentum? Here’s what ChatGPT thinks about it. Also Read: Can Bitcoin (BTC) Return to $100K This Week Post-Crash? XRP Proceedings And Updates Source: AscendEX Ripple (XRP) is currently sitting at a price level of $2.42, down 3% in the last 24 hours. The Ripple Ecosystem is, however, brewing with new developments that are capable of bringing the token out of the dark. For instance, David Sacks, Trump’s crypto czar has promised the domain to push for stablecoin adoption, which could usher in new pivotal changes for RLUSD, Ripple’s newly launched...

Ethereum (ETH) appears to have found a powerful ally in World Liberty Financial (WLFI), a decentralized finance (DeFi) platform reportedly linked to U.S. President Donald Trump. In a buying spree just hours before Trump’s inauguration ceremony, WLFI acquired $48 million worth of ETH, drawing renewed attention to the cryptocurrency. The acquisition comes at a critical time when Ethereum is striving to overcome a period of underperformance, potentially marking a significant turning point in its trajectory. Picks for you Jellyverse unveils jAssets Protocol for synthetic assets on Sei 21 mins ago Google searches for ‘ChatGPT’ are 20x higher than rival AI tools 2 hours ago ...

Elon Musk has garnered significant popularity in the ongoing US elections. Musk has been noted for promoting former US president Donald Trump and propagating the narrative that Trump’s win is critical for US democracy and the nation’s integrity on a global level. At the same time, Trump has also shown his adoration for Musk by promising him a cabinet role, adding that the former president would not mind and would deliver Musk a cabinet role if he won the US elections. If this happens, the development could be a game changer for US politics and crypto. Also Read: BRICS: JP Morgan Predicts the Future of the US Dollar Can Musk’s Political Stint Impact DOGE? David Gokhshtein revealed that he wouldn’t be surprised if Elon Musk decides to make Dogecoin the crypto of the space economy. Elon Musk is known for many things, but most importantly, the Tesla chief is known to be an avid proponent of Bitcoin. Dogecoin has often seen incredible price pumps due to Musk’s impromptu mentions of DOG...

In retaliation to Apple’s latest announcement of integrating OpenAI into its software, Elon Musk says he’ll ban all Apple products at his company. On Monday, Apple announced an OpenAI partnership that will integrate its popular ChatGPT system into iPhones. The partnership means that Apple’s digital assistant, Siri, will be given the generative AI capabilities of the OpenAI system. JUST IN: Elon Musk says he will ban all Apple devices at his companies "if Apple integrates Open AI at the OS level." "Stop this creepy spyware or all Apple devices will be banned from the premises of my companies." — Watcher.Guru (@WatcherGuru) June 10, 2024 In a series of posts to X, Musk shared his lack of trust in both Apple and Open AI . In response to one user about Musk launching a phone with X’s Grok AI integrated to compete with the iPhone, Elon Musk s AI d, “If Apple actually integrates woke nanny AI spyware into their OS, we might need to do that!” He a...

Blockchain companies are building AI chatbots to help developers, yet challenges may hamper adoption. The artificial intelligence (AI) market is becoming one of the fastest-growing industries in the world. According to market research firm Next Move Strategy Consulting, the current AI market is valued at nearly $100 billion and is projected to grow exponentially.  Given this, it comes as no surprise that chatbots using AI are also on the rise. Recent findings from Precedence Research show that the global chatbot market size reached $840 million in 2022. AI chatbots for Web3 developers in the works As opportunities around AI and chatbots flourish within various industries, the Web3 sector has also started to capitalize on this trend, with blockchain companies creating AI chatbots to help developers build applications faster and more efficiently.  Aanchal Malhotra, head of RippleX Research — an organization within Ripple focused on the development and growth of the XRP Ledger — told Coi...

Russia’s largest bank, Sberbank, has officially introduced its very own ChatGPT rival, called GigaChat. Moreover, the new generative AI system was announced by the lender on Monday and is currently in the midst of an invite-only testing phase. The development allows Sberbank to join the ever-growing AI arms race. Subsequently, following the OpenAI program’s creation of a previously overlooked market. Conversely, Elon Musk and Google have all embraced the technology by developing their own kind of ChatGPT system. Additionally, Sberbank’s GigaChat is the latest competition.  Sberbank Enters Generative AI Arms-Race The mainstream acceptance and utilization of ChatGPT have been the talk of the tech world so far in 2023. As many have feared for their jobs with the arrival of the system, the industry has sought to compete with the meteoric rise of the program. Now, another competitor has entered the ring. Russia’s largest bank is getting in on the competition, as Sberbank ...