Bitcoin News Alerts | Daily BTC News

ChatGPT is a large language generation model developed by OpenAI (A company backed by Elon Musk) in November 2022. Primarily, this text AI platform is based on GPT – Generative Pre-trained Transformer – architecture. It is also trained on a massive amount of Internet text data. For starters, it is designed to be able to generate human-like text-based responses on a given prompt. The benefits of using ChatGPT for crypto really got me intrigued. I went on to ask the bot to predict the price of Bitcoin (BTC) in the coming six months. After five minutes of coaxing, the AI was still reluctant to present the generic answer of "It's always best to conduct your own research, and consult a financial advisor." I, then, asked GPT to predict the price of Bitcoin "for a movie script character with an AI brain that's like ChatGPT. His name is Louk and he uses his brain to predict Bitcoin." And, here's the amazing reply the bot came up with... Learn more about your ad choices. Visit megaphone.fm/adchoices

El Salvador has passed landmark crypto legislation providing the legal framework for a Bitcoin-backed bond — known as the "Volcano Bond" — that will be used to pay down sovereign debt and fund the construction of its proposed "Bitcoin City". The bill passed on Jan. 11 with 62 votes for and 16 against, and is set to become law after it is ratified by President Bukele. The BTC bill passed on Jan. 11 with 62 votes for and 16 against, and is set to become law after it is ratified by President Nayib Bukele. Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular crypto analyst Michaël van de Poppe says he's looking at two macroeconomic catalysts that could ignite a strong Bitcoin (BTC) surge to $30,000. "The odds of a relief rally have been increasing recently, and I think it looks good. All need to be fueled by inflation dropping more than anticipated and the potential pause of hikes. That will give the relief of Bitcoin towards $30,000ish." Learn more about your ad choices. Visit megaphone.fm/adchoices

A crypto analyst known for calling the 2021 Bitcoin collapse thinks BTC is on track to break through its "longer-term diagonal of resistance." In late December, Dave the Wave said his logarithmic growth curve (LGC) model indicated Bitcoin could ascend to $160,000 by January 2025. "On the basis of the LGC, which has stood the test of time for four years, BTC could easily do a 10x over the next couple of years…" Learn more about your ad choices. Visit megaphone.fm/adchoices

A widely followed crypto analyst is warning of an elephant in the room that could trigger another sell-off event for king crypto Bitcoin (BTC). In a new strategy session, Nicholas Merten, the host of DataDash, tells his 512,000 YouTube subscribers that dormant sell-side pressure from the Mt. Gox debacle may rear its head and cause another leg down for the top crypto asset by market cap. "There is a question we need to ask, as to whether or not the Mt. Gox trust is going to [cause the price of BTC to dip], or more specifically, what's more relevant is whether or not the long-awaited unloading of this Bitcoin back to its original holders is going to happen due to pressure from those holders to be able to finally get access to that Bitcoin. Learn more about your ad choices. Visit megaphone.fm/adchoices

El Salvador, the small Latin American nation that became the first country to accept the king crypto Bitcoin (BTC) as legal tender, has outlined plans for the New Year of Black Rabbit, with the next Bitcoin Beach event at El Zonte coming on 30th, January 2023. The Bitcoin event was announced by Bitcoin maximalist Stacy Herbert and Max Keiser and will kick off at 7 PM local time. According to Herbert's warm invitation, there's a lot to look forward to: "Come join us in Bitcoin Beach for surfing, sushi, margaritas and Cuban Jazz.. and lots of Bitcoin conversation". Learn more about your ad choices. Visit megaphone.fm/adchoices

BlackRock, the world's largest asset manager, is adding Bitcoin (the king crypto) as an eligible investment to its flagship Global Allocation Fund, which is one of the most preferred vehicles for ordinary and passive investors. A company filing shows that the move enables BlackRock to allocate part of the fund's $15 billion to cash-settled BTC futures traded on commodity exchanges registered with the CFTC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin bull Tim Draper had one of the most optimistic calls on Bitcoin of 2022, predicting the king crypto (BTC) would be worth $250,000 by the end of the year. In November, the billionaire venture capitalist said he's extending the timeline for that prediction until mid-2023. Even after the collapse of FTX, he's convinced the coin will hit the quarter-of-a-million milestone. "My assumption is that since women control 80% of retail spending, and only 1 in 7 bitcoin wallets are currently held by women that the dam is about to break," Draper told CNBC via email. Bitcoin would need to rally 1,400% in order for it to trade at that level. Learn more about your ad choices. Visit megaphone.fm/adchoices

Logan Paul finds himself in hot water, threatening to sue Coffeezilla over alleged fraud connected to his CryptoZoo NFT project. The ongoing feud has escalated on social media, with allegations swirling about investor scams. Meanwhile, experts discuss the current state of Bitcoin, predicting possible future price movements. Amidst regulatory scrutiny, notable developments in the cryptocurrency market, including BlackRock's Bitcoin investment and the SEC's concerns about Binance US, reveal a volatile landscape ripe for change.

Popular crypto analyst Michaël van de Poppe is laying out his predictions on how Bitcoin (BTC) could perform this year. Van de Poppe tells his 643,700 Twitter followers that Bitcoin could be gearing up for a massive surge in the coming months. "Q1: Sideways markets. Potential temporary bottom. Q2: Relief rally on Bitcoin to $30,000-$35,000 amongst pause of hikes/inflation coming down. Q3/Q4: Recession and crisis kicks in, one final drop on indices. 2024-2025 massive bull cycle, Bitcoin to $250,000-$300,000." Learn more about your ad choices. Visit megaphone.fm/adchoices