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It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'

[Aug 7, 2023 11:39 AM] An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular…

Crypto Options Traders Are Still Shorting Bitcoin Volatility

[Aug 7, 2023 2:28 AM] "Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling or writing call/put options.

Bitcoin Price Relatively Muted, Risk of More Downsides Still Exist

[Aug 7, 2023 2:02 AM] Bitcoin price is struggling to climb above $29,500. BTC remains at risk of more downsides if there is a close below the $28,800 support. Bitcoin is still struggling to gain pace above the $29,500 pivot level. The price is trading below $29,200 and…

Tether May Now Be 11th Largest Bitcoin Holder, Analyst Says

[Aug 5, 2023 11:05 AM] Tether, the company behind the USDT stablecoin, may now be the 11th largest bitcoin holder in the world. This comes after the stablecoin issuer recently published its attestation report for Q2 2023. According to the report, Tether recorded an…