1. BITBILIHome
  2. Article

Bybit teams up with ChatGPT for cutting-edge AI trading tools

• 46 views

TL;DR Breakdown

  • Bybit, a top cryptocurrency exchange, has launched a new tool called ToolsGPT, developed in collaboration with ChatGPT.
  • ToolsGPT uses AI to provide traders with technical analysis, backtested price data, and other key market metrics.
  • The tool can generate insights into price trends for cryptocurrencies, including Bitcoin and Ethereum, based on past and present data.

Bybit, one of the world’s top-ranking digital currency exchanges, has launched an innovative new tool known as ToolsGPT.

This platform is the result of a groundbreaking collaboration between Bybit and ChatGPT, integrating their robust market data with leading-edge artificial intelligence (AI) technology.

The result? A revolutionary tool that promises to redefine how traders strategize and profit in an ever-fluctuating market.

Bybit leveraging AI to unlock actionable insights

At the core of ToolsGPT is the application of ChatGPT’s cutting-edge machine learning technology to Bybit’s extensive market data.

This potent combination allows the tool to generate actionable insights through technical analysis, backtested price data, and various crucial market metrics.

The ultimate goal? To equip traders with answers that go beyond generalities, focusing on providing data-driven solutions to their pressing trading questions.

Whether traders are keen to explore BTC price trends in the weeks ahead, based on previous week’s data, or to use technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to forecast BTC price trends for the remainder of 2023, ToolsGPT stands ready.

The platform is also capable of providing next-day price predictions for top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), informed by the past 24 hours of data. Looking further afield, it can also offer a glimpse into the potential price trends of ETH in the coming week.

Beyond its powerful predictive capabilities, ToolsGPT also excels in user accessibility. The interface is designed to be user-friendly, catering to traders at all levels of experience.

From newcomers in the crypto arena to seasoned traders seeking new tools for their arsenal, this platform serves as a one-stop solution.

With free and easy access, ToolsGPT ensures that traders can readily tap into a wealth of insights and make well-informed decisions on their trades. In a market as volatile as cryptocurrency, such easy access to reliable predictive tools can make a significant difference to a trader’s success.

A commitment to innovation and empowerment

The creation of ToolsGPT is a clear reflection of Bybit’s commitment to pushing the boundaries of technology and empowering its user base.

As Ben Zhou, Bybit’s CEO, explained, the company’s core ethos revolves around exploring state-of-the-art technologies and driving product innovation. The integration of ChatGPT with Bybit’s tools is a perfect example of this ethos in action.

In a landscape marked by rapid change and unpredictability, ToolsGPT stands as a testament to Bybit’s commitment to providing traders with advanced tools that can transform data into actionable insights.

As cryptocurrency trading evolves, platforms like Bybit continue to lead the way, shaping the future of trading with tools like ToolsGPT that empower traders to navigate the crypto waters with increased confidence and sophistication.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Bybit teams up with ChatGPT for cutting-edge AI trading tools

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月18日 14:14
Next 2023年6月18日 15:25

Related articles

  • The European economy is in a lot of trouble – What’s ECB doing?

    Description As Europe stumbles through a period of economic turbulence, all eyes are firmly planted on the European Central Bank (ECB), the watchdog tasked with stabilizing the continent’s economic heartbeat. Remarkably, the ECB has cranked up interest rates to a record high last seen in 2001, marking its ninth straight increase. A move echoing the US … Read more As Europe stumbles through a period of economic turbulence, all eyes are firmly planted on the European Central Bank (ECB), the watchdog tasked with stabilizing the continent’s economic heartbeat. Remarkably, the ECB has cranked up interest rates to a record high last seen in 2001, marking its ninth straight increase. A move echoing the US Federal Reserve, which boosted rates by the same margin, is nothing short of controversial. ECB: Making waves amid stormy seas Following the tide set by its transatlantic counterpart, the ECB pushed its fundamental deposit rate up by 0.25 percentage points, bringing it to a cool 3.75%. Two decades ago, it embarked on a similar path, intending to inflate the fledgling euro’s worth. However, the times have…

    Article 2023年7月28日

  • Yellen: China remains unharmed by US controls

    TL;DR Breakdown Yellen assures China that US investment controls will only focus on sensitive national security sectors. Yellen emphasizes ongoing trade and economic cooperation between US and China, despite technology transfer issues. She voices concern about coercive actions against US firms and China’s potential support for Russia. Description Despite a tumultuous bilateral relationship fraught with multiple challenges, the United States maintains its commitment to the Chinese market. US Treasury Secretary, Janet Yellen, during her recent visit to Beijing, clarified that any prospective US investment controls would narrowly focus on sectors considered sensitive to national security. Yet, these anticipated actions are not expected to … Read more Despite a tumultuous bilateral relationship fraught with multiple challenges, the United States maintains its commitment to the Chinese market. US Treasury Secretary, Janet Yellen, during her recent visit to Beijing, clarified that any prospective US investment controls would narrowly focus on sectors considered sensitive to national security. Yet, these anticipated actions are not expected to inflict substantial damage to China’s economy. A consistent theme during Yellen’s meetings with Premier Li Qiang and her counterpart,…

    Article 2023年7月10日

  • Microsoft ventures into digital payments and CBDCs

    TL;DR Breakdown Microsoft collaborates with Aptos Labs to promote global web3 adoption. Aptos Assistant introduced to simplify user onboarding into the web3 ecosystem. Partnership to explore asset tokenization, digital payments, and CBDCs. Aptos to enhance security by running validator nodes on Microsoft’s Azure. Description One of the tech titans, Microsoft, is making its move. Known for its software and computing innovations, the tech mogul has now unveiled its latest venture into the uncharted territories of digital payments, blockchain, and Central Bank Digital Currencies (CBDCs). A partnership with Aptos Labs provides the launchpad for this ambitious dive into web3 adoption. … Read more One of the tech titans, Microsoft, is making its move. Known for its software and computing innovations, the tech mogul has now unveiled its latest venture into the uncharted territories of digital payments, blockchain, and Central Bank Digital Currencies (CBDCs). A partnership with Aptos Labs provides the launchpad for this ambitious dive into web3 adoption. Bridging the Web2-Web3 Chasm While blockchain and decentralized technologies have carved a niche for themselves, their real-world adoption remains a challenge. Many potential…

    Article 2023年8月10日

  • Solana’s network performance improves, records 100% uptime in Q2

    TL;DR Breakdown Solana has had 100% uptime since February 25, a full quarter without an outage Solana network upgrades include smooth 1.14 release, high-demand handling, and NFT state compression Solana co-founder Anatoly Yakovenko: Outages are the biggest challenge for them and the number one priority for the network Description Solana Foundation has released its network performance report showing that it has had a 100% uptime since February, a major improvement compared to last year’s outages. The network was only down for approximately 19 hours in February. The foundation notes that it has improved the network in the first half of 2023, which they measured … Read more Solana Foundation has released its network performance report showing that it has had a 100% uptime since February, a major improvement compared to last year’s outages. The network was only down for approximately 19 hours in February. The foundation notes that it has improved the network in the first half of 2023, which they measured and analyzed through uptime and the ratio of non-voting-to-voting transactions. Solana’s network has improved immensely  Solana has experienced…

    Article 2023年7月21日

  • Russia embraces crypto amid international sanctions and rising cyber threats

    TL;DR Breakdown As economic sanctions and cyberattacks amplify, Russia is turning towards cryptocurrency as a potential safeguard. Financial entities like Rosbank are innovating with crypto-based solutions, including a cross-border payment system. Amid an escalating geopolitical climate and intensified cyberattacks from Ukrainian hackers, the trend of increased crypto usage in Russia is likely to continue. With sanctions biting hard and cyberattacks causing havoc, Russia is increasingly turning towards cryptocurrency as an economic safety net. The rate of cryptocurrency use in the country rose to 14% in 2023, an increase of 4%, and quadruple the growth rate of the US, according to a recent survey by Statista. In contrast, the US user rate grew by only 1%, reaching 16%. The harsh impact of international sanctions drives the surge in Russian crypto use. To bolster the rouble, the Bank of Russia has restricted the withdrawal of US dollars, a common tactic deployed by nations facing monetary crises. Meanwhile, the decline in US dollars and Euros flowing into Russia has seen a crypto boom, despite the country’s stringent attempts to ban such activities. Despite…

    Article 2023年6月9日
TOP