AltSignals Blog

Uber is expanding its AI business by offering data labeling services and technologies to organizations developing AI models. After Metas acquisition of Scale AI, Uber is positioning itself as a major player in the data labeling market, predicted to be worth $17 billion by 2030. The company also recently announced the growth of its AI data platform, providing customized data solutions for more intelligent AI models and agents. This move is part of the race among tech companies for dominance in the fast-evolving artificial intelligence industry.

The Federal Reserve may consider an early interest rate cut fueled by disruptions in global trade and the Middle East. As the US dollar weakens, Bitcoin’s value could see an upsurge. This overview delves into potential reasons behind the central bank’s shift from its current cautious stance, implications on Bitcoin’s price, and the economic factors influencing these possible changes.

Bitcoin recently surged above $110,000, achieving a new record and raising expectations for further growth. This increase is attributed to favorable regulations for stablecoins and growing corporate interest. Bitcoin’s bullish price target is around $120,000 while key support levels to monitor fall at $107,000, $100,000, and $92,000.

Ex-Animoca executive Mehdi Farooq loses significant life savings in a phishing attack involving a fake Zoom update tied to North Korean hacking group, Lazarus. The sophisticated scam disguised as a scheduled Zoom call highlights the growing cybersecurity threat in the crypto industry.

ChatGPT, a powerful AI tool, can analyze crypto news headlines and generate actionable trading signals, helping traders make faster, informed decisions. This guide offers step-by-step instruction on using ChatGPT to transform crypto news into trade signals, providing examples, potential risks, and best practices. It also emphasizes the importance of verifying AI insights, considering broader market contexts, and practicing risk management in trading.

Bitcoin hits an all-time high reaching nearly $110,000 amid growing acceptance in Congress and Wall Street. Traditional finance giants have started investing in this digital asset, with an estimated $6.5 billion flowing into BlackRock’s iShares Bitcoin Trust within a month. The article also discusses how the Bitcoin surge is supported by public companies investing heavily on Bitcoin Treasuries.

Polkadot’s price hits a crucial support level, suggesting a significant potential recovery likely to peak in 2024. With the formation of a triple-bottom pattern and potential catalysts including the Polkadot 2.0 upgrade, high staking rewards, and possible ETF approval, DOT could lead a triple-digit rally. Explore the technical analysis and future prospects of Polkadot in this informative piece.

Project Eleven, a firm specializing in post-quantum cryptography, has raised $6 million in funding led by Variant Fund and Quantonation. The funds will be utilized to develop necessary tools and standards to secure digital assets like Bitcoin from potential quantum computing threats. The company is also developing a cryptographic registry named Yellowpages that provides quantum-resistant proof linking current Bitcoin addresses to more secure ones.

Nasdaq-listed Lion Group Holding is establishing a $600 million cryptocurrency treasury reserve, primarily featuring the Hyperliquid token. This move signals the growing institutional interest in altcoins and will fund blockchain initiatives, transforming LGHL’s derivative business into decentralized markets. The announcement has led to increasing corporate appetite for altcoins, boosting Lion Group’s stock price by nearly 20%.