-
BTC 65,235.40 (-1.24%) -
ARS 1,088.50 (+0.13%) -
ETH 2,945.07 (-2.44%) -
SOL 159.26 (+2.91%) -
PEPE <0.01 (-2.71%) -
BOME 0.01 (+0.62%) -
WIF 2.83 (-4.03%) -
DOGE 0.15 (-2.59%) -
XRP 0.52 (-0.14%) -
PEOPLE 0.05 (-9.35%) -
NEAR 8.01 (+1.57%) -
FTM 0.81 (+11.54%) -
RUNE 6.47 (+3.47%) -
FLOKI <0.01 (-2.85%) -
ENA 0.67 (-8.31%) -
RNDR 10.00 (-6.89%) -
BONK <0.01 (-1.93%) -
JTO 4.54 (+10.93%) -
AEVO 0.81 (+1.00%) -
WLD 4.86 (-3.94%) -
SUI 1.04 (+1.71%) -
SEI 0.55 (+2.56%) -
LINK 14.87 (+7.27%) -
AVAX 34.35 (+0.23%) -
ORDI 36.88 (-4.38%) -
JUP 1.13 (-1.43%) -
ADA 0.46 (+1.35%) -
AR 44.37 (-2.66%)
AI would pick Bitcoin over centralized crypto Tether CTO
Published: 2023-07-05
1. Tether's dominance in the stablecoin market (150 words): The article highlights Tether's position as a leading stablecoin in the cryptocurrency market. Tether,with its value pegged to the US dollar,has attracted significant attention and adoption due to its stability and liquidity. Tether's market dominance is illustrated by its consistently high trading volume and widespread use in various cryptocurrency exchanges. The article mentions Tether's CTO,Paolo Ardoino,emphasizing that he believes that if an AI were to choose between Bitcoin and Tether,it would opt for Tether. This statement from an industry expert further solidifies Tether's position in the market and suggests its potential for continued growth and importance in the cryptocurrency ecosystem.
2. The role of Bitcoin in the cryptocurrency landscape (200 words): Bitcoin,the first and most well-known cryptocurrency,plays a central role in the article. The article discusses the opinions of Tether's CTO,who argues that if an AI were to choose between Bitcoin and Tether,it would pick Tether due to its stability. This perspective raises questions about Bitcoin's volatility and whether it can be considered a reliable store of value. However,it is important to note that Bitcoin's significance in the cryptocurrency landscape remains considerable. As a decentralized digital currency,Bitcoin continues to be highly sought after by investors,traders,and enthusiasts alike. Bitcoin's network infrastructure,robust security measures,and limited supply make it a unique and valuable asset. Despite its volatility,Bitcoin's historical performance and widespread adoption have established it as a key asset in the cryptocurrency market.
3. The potential impact of AI decision-making on the cryptocurrency market (200 words): The final topic discussed in the article revolves around the hypothetical scenario of an AI choosing between cryptocurrencies,specifically between Bitcoin and Tether. Highlighting the opinion of Tether's CTO,the article suggests that an AI would favor Tether due to its stability and peg to the US dollar. This raises broader questions about the role of artificial intelligence in the cryptocurrency market and its potential impact on trading and investment decisions. If AI-based algorithms become prevalent in the market,the dynamics of price movement and market sentiment could change significantly. While AI-powered decision-making has the potential to bring more objectivity and efficiency to the market,it may also introduce new challenges and uncertainties. Regulators,market participants,and developers would need to address potential concerns related to AI-driven decisions,ensuring transparency,fairness,and the prevention of unintended consequences. Overall,the notion of AI decision-making in the cryptocurrency market presents both opportunities and challenges,and its potential implications warrant further exploration and discussion.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
65,235.40 | 2,213,551,394.31 |
| 2 | ARS |
1,088.50 | 1,626,919,957.20 |
| 3 | ETH |
2,945.07 | 977,686,574.67 |
| 4 | SOL |
159.26 | 786,847,247.53 |
| 5 | PEPE |
<0.01 | 454,593,453.10 |
| 6 | BOME |
0.01 | 306,193,016.77 |
| 7 | WIF |
2.83 | 238,682,073.42 |
| 8 | DOGE |
0.15 | 219,811,446.21 |
| 9 | XRP |
0.52 | 173,071,038.93 |
| 10 | PEOPLE |
0.05 | 168,450,627.79 |
| 11 | NEAR |
8.01 | 167,355,635.96 |
| 12 | FTM |
0.81 | 166,025,195.52 |
| 13 | RUNE |
6.47 | 154,627,318.12 |
| 14 | FLOKI |
<0.01 | 148,006,401.05 |
| 15 | ENA |
0.67 | 119,667,092.54 |
| 16 | RNDR |
10.00 | 116,780,660.95 |
| 17 | BONK |
<0.01 | 107,841,688.09 |
| 18 | JTO |
4.54 | 92,102,523.69 |
| 19 | AEVO |
0.81 | 88,685,763.13 |
| 20 | WLD |
4.86 | 84,722,552.51 |
| 21 | SUI |
1.04 | 72,649,961.44 |
| 22 | SEI |
0.55 | 56,963,968.29 |
| 23 | LINK |
14.87 | 56,601,034.04 |
| 24 | AVAX |
34.35 | 54,959,117.20 |
| 25 | ORDI |
36.88 | 45,624,950.05 |
| 26 | JUP |
1.13 | 45,468,966.20 |
| 27 | ADA |
0.46 | 45,223,562.16 |
| 28 | AR |
44.37 | 44,467,397.59 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | FTM |
0.81 | +11.54 |
| 2 | JTO |
4.54 | +10.93 |
| 3 |  LOOM |
0.09 | +8.14 |
| 4 | LINK |
14.87 | +7.27 |
| 5 |  TFUEL |
0.10 | +5.72 |
| 6 |  ZRX |
0.50 | +5.54 |
| 7 |  LSK |
1.98 | +4.72 |
| 8 |  THETA |
2.18 | +4.46 |
| 9 |  CFX |
0.22 | +3.75 |
| 10 | RUNE |
6.47 | +3.47 |
| 11 |  RSR |
<0.01 | +3.20 |
| 12 | SOL |
159.26 | +2.91 |
| 13 |  XVG |
<0.01 | +2.86 |
| 14 |  BICO |
0.47 | +2.82 |
| 15 |  VANRY |
0.19 | +2.72 |
| 16 |  CHR |
0.33 | +2.70 |
| 17 | SEI |
0.55 | +2.56 |
| 18 |  NTRN |
0.67 | +2.40 |
| 19 |  DIA |
0.47 | +2.37 |
| 20 |  ERN |
4.35 | +2.30 |
| 21 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
1.02 | +2.21 |
| 22 |  HIFI |
0.79 | +2.20 |
| 23 |  COMBO |
0.68 | +2.10 |
| 24 |  BEAMX |
0.03 | +2.01 |
| 25 |  RAY |
1.67 | +2.00 |
| 26 |  TNSR |
0.85 | +1.88 |
| 27 |  MLN |
21.02 | +1.84 |
| 28 |  DEXE |
13.05 | +1.72 |
| 29 | SUI |
1.04 | +1.71 |
| 30 |  CELO |
0.81 | +1.67 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 | PEOPLE |
0.05 | -9.35 |
| 2 |  ETHFI |
3.22 | -8.48 |
| 3 |  PYTH |
0.42 | -8.40 |
| 4 | ENA |
0.67 | -8.31 |
| 5 |  REZ |
0.11 | -8.16 |
| 6 |  STX |
1.98 | -8.07 |
| 7 |  CYBER |
7.41 | -7.00 |
| 8 |  AXL |
1.00 | -6.96 |
| 9 | RNDR |
10.00 | -6.89 |
| 10 |  VTHO |
<0.01 | -6.74 |
| 11 |  STRK |
1.09 | -6.09 |
| 12 |  KP3R |
72.72 | -6.02 |
| 13 |  IDEX |
0.06 | -5.94 |
| 14 |  BADGER |
4.10 | -5.90 |
| 15 |  RPL |
19.55 | -5.74 |
| 16 |  FORTH |
3.88 | -5.69 |
| 17 |  QI |
0.02 | -5.59 |
| 18 |  FIDA |
0.28 | -5.53 |
| 19 |  DF |
0.04 | -5.42 |
| 20 |  DATA |
0.05 | -5.37 |
| 21 |  GMX |
30.44 | -5.35 |
| 22 |  NFP |
0.46 | -5.31 |
| 23 | W | 0.54 | -5.27 |
| 24 |  PIXEL |
0.35 | -5.24 |
| 25 |  VIC |
0.42 | -5.13 |
| 26 |  ARKM |
2.31 | -5.09 |
| 27 |  ILV |
81.38 | -5.07 |
| 28 |  BAKE |
0.27 | -5.07 |
| 29 |  TROY |
<0.01 | -5.03 |
| 30 |  PENDLE |
4.25 | -5.03 |
Bitcoin's Greed and Fear Index.
?70
Greed
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Bostic Speaks | Thursday | 16-05-2024 | 20:50 |
| 2 | CB Leading Index m/m | Friday | 17-05-2024 | 15:00 |
| 3 | FOMC Member Waller Speaks | Friday | 17-05-2024 | 15:15 |
| 4 | FOMC Member Daly Speaks | Friday | 17-05-2024 | 17:15 |
| 5 | FOMC Member Kugler Speaks | Saturday | 18-05-2024 | 22:45 |
