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Showing posts with the label -chain

Scientists created a crypto portfolio management AI trained with on-chain data

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According to the researchers, CryptoRLPM is the first reinforcement learning-based AI system using on-chain metrics for portfolio management. A pair of researchers from the University of Tsukuba in Japan recently built an AI-powered cryptocurrency portfolio management system that utilizes on -chain data for training, the first of its kind according to the scientists.  Called CryptoRLPM, short for “Cryptocurrency reinforcement learning portfolio manager,” the AI system utilizes a training technique called “reinforcement learning" to implement on-chain data into its model. Reinforcement learning (RL) is an optimization paradigm wherein an AI system interacts with its environment — in this case, a cryptocurrency portfolio — and updates its training based on reward signals. CryptoRLPM applies feedback from RL throughout its architecture. The system is structured into five primary units which work together to process information and manage structured portfolio s. These modules in...

Solana Price Prediction as On-chain Data Suggests Alameda Wallets are Dumping Tokens – Can Solana Fall to $3?

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SOL's woes could worsen. Source: TradingView SOL, the native token of the Solana blockchain, slumped under $10 for the first time since February 2021 on Wednesday, dropping 10% intra-day and extending its losses since the abrupt collapse of Sam Bankman Fried’s seemingly corrupt FTX/Alameda crypto empire in early November to roughly 70%. Price predictions thus remain highly pessimistic.  SOL is dumping. Source: TradingView Why is SOL dumping? The collapse comes amid a continued stream of negative stories surrounding the Solana crypto ecosystem, as well as the ongoing FTX saga. Two of Solana’s top non-fungible token (NFT) projects, DeGods and y00ts, recently announced that they are jumping ship to build on the Ethereum and Polygon block chain s. Meanwhile, block chain watchers pointed out on Wednesday that Alameda wallets have become active once again, just a few days after Sam Bankman-Fried was released from jail on bail. ERC-20 tokens are being dump...