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The Artificial Intelligence (AI) run has propelled competition among developers and businesses in 2023. OpenAI’s flagship product, ChatGPT, and Google’s (NASDAQ: GOOGL) Bard are competing examples. Within AI’s popularity rise through this ending year, Finbold has been testing these tools’ capacities to make accurate crypto prediction s. In this context, we published multiple stories with price insights and forecasts about some of the leading crypto currencies in the market. Notably, ChatGPT has generally provided more loose predictions, while Google Bard favored tightening its ranges. In particular, when asked about a cryptocurrency price for the start of 2024, the AIs have diverged from their predictions. It is important to understand that each crypto price prediction story was written by different authors using different prompt strategies. This inevitably leads to divergent results, even for the same cryptocurrency and AI.  ChatGPT’s and Google Bard’s price predictions for ...

GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says. Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC) could erase its BTC price “ discount ” in 2024. In an X post on Aug. 30, monitoring resource CoinGlass predicted that the so-called “GBTC premium” would soon return. GBTC price: From "elevator to hell" to "stairway to heaven?" Grayscale netting a court victory over United States regulators on Aug. 29 provided an instant remedy to what was flagging GBTC performance. The fund, which contains over 600,000 BTC, has traded at a discount to the Bitcoin spot price, also called net asset value (NAV), since February 2021. What was once the “GBTC premium” has thus been negative for over two-and-a-half years, but that could soon change. News that the U.S. Securities and Exchange Commission (SEC) must consider GBTC’s conversion to a Bitcoin spot price exchange-traded fund (ETF) on the same terms...