Bitcoin Price Prediction as BTC Spikes Up 0.2% – Is the Sell Off Over?
On Sunday, Bitcoin price is currently trading at $30,325, showing a slight increase in price.
This upward movement comes as new Lightning Labs tools enable artificial intelligence (AI) to facilitate Bitcoin transactions, further advancing technology integration and digital currencies.
Additionally, the co-founder of Volatility Shares has announced the development of a Bitcoin Spot ETF, which has the potential to open new doors for investors looking to participate in the cryptocurrency market.
These recent developments raise questions about the ongoing sell-off and whether the market is beginning to stabilize.
A new set of developer tools from Lightning Labs, a prominent organization working on the Lightning Network for Bitcoin, has enabled the integration of Bitcoin with AI programmers and Large Language Models (LLMs) like ChatGPT.
According to a recent announcement by Lightning Labs, the Lightning Network will now allow Large Language Models (LLMs) such as ChatGPT to store, receive, and transmit Bitcoin.
This integration opens up new possibilities and expands the use-cases for Bitcoin and AI technology.
The popular Langchain AI software library will be made accessible to Bitcoin and the Lightning Network through the L402 standard, as stated by the programmers at Lightning Labs.
This expansion creates a more open AI infrastructure and further enhances the potential applications of Bitcoin and AI.
In recent months, artificial intelligence has gained significant attention worldwide, surpassing the previous investment craze focused on cryptocurrencies.
Former BitMex CEO, Arthur Hayes, has even predicted that "AI will choose Bitcoin as its native currency."
These optimistic predictions regarding the convergence of Bitcoin and AI
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