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Here’s how the crypto industry is using artificial intelligence

The rise of artificial intelligence (AI) though in its early stages has found use cases in crypto through countless projects. The use of artificial intelligence (AI) in crypto, though still in its very infant stages, has shown prospects for growth. According to statistics, the blockchain AI market is projected to grow from $220.5 million in 2020 to $973.6 million in 2027 at a CAGR of 23.6% in the 2020-2027 period. Countless projects are trying to put AI at the forefront of their use cases. Despite Tesla CEO Elon Musk and other prominent tech moguls penned an open letter, asking governments to suspend large-scale AI development temporarily, the crypto industry is ripe with AI projects. Here are some examples of crypto AI projects that have recently emerged in the community: Blocktrace Blocktrace is a service provider that specializes in Blockchain forensics and Analysis bolstered by the use of AI technology. Its AI Chatbot is designed to simplify the process of tracking Blockchai...

Update: Cointelegraph’s crypto intelligence platform is turning 2

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Research suggests that historical analysis of crypto markets, combined with real-time conditions and investor sentiment, can be extremely informative. Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, has been available to the public for nearly two years now. The platform, which took a year to develop, is the result of an exhaustive analysis of crypto markets and the key drivers of asset price movements. It was developed jointly by Cointelegraph and The TIE, the most comprehensive and actionable digital asset information provider trusted by 100+ institutional clients. Testing the VORTECS Score At the heart of the platform is the VORTECS Score, which compares current market conditions for over 420 crypto assets to historically similar marketscapes. A proprietary algorithm analyzes those historic conditions, seeking consistent patterns in market behavior in the following days. “While we’re all aware that past perfor...