{"id":149525,"date":"2023-09-04T19:49:55","date_gmt":"2023-09-04T14:19:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=149525"},"modified":"2023-09-04T19:49:55","modified_gmt":"2023-09-04T14:19:55","slug":"bybit-debuts-ai-powered-tradegpt-for-market-analysis-and-data-driven-qa-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bybit-debuts-ai-powered-tradegpt-for-market-analysis-and-data-driven-qa-crypto-news\/","title":{"rendered":"Bybit debuts AI-powered ‘TradeGPT’ for market analysis and data driven Q&A – Crypto News"},"content":{"rendered":"
\n

Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data.<\/p>\n

TradeGPT is being touted as an AI-powered education tool that taps into the generative ability of ChatGPT\u2019s large language model and Bybit\u2019s inhouse ToolsGPT to provide real-time market analysis and answers to user questions in a variety of languages.<\/p>\n

An announcement shared with Cointelegraph highlighted TradeGPT\u2019s ability to offer market strategies and products for strategies being discussed with a user. <\/p>\n

Bybit had previously launched<\/a> ToolsGPT in June 2023<\/a>. The platform also integrates ChatGPT\u2019s machine learning and AI capabilities with Bybit market data to conduct technical analysis, funding analysis and model predictions. <\/p>\n

Related:\u00a0Bybit\u2019s MVP license in Dubai \u2018very restricted,\u2019 CEO says<\/em><\/strong><\/a><\/p>\n

Bybit is not the only cryptocurrency exchange to have explored using ChatGPT to give users unique insights into token prices, market movements and projects.<\/p>\n

Crypto.com launched its own<\/a> ChatGPT-powered user assistant in May 2023, dubbed Amy. Binance also integrated OpenAI\u2019s chatbot<\/a> into its Binance Academy platform to generate responses from its database of articles and information on the broader Web3 ecosystem.<\/p>\n

OKX is another exchange exploring AI\u2019s potential<\/a> after integrating EndoTech\u2019s AI tools to analyze market volatility and trading opportunities. Solana Labs also launched a ChatGPT-powered plugin<\/a> allowing the large language model to check wallet balances, transfer Solana-native tokens and trade nonfungible tokens.<\/p>\n

The launch of these AI tools come off the back of Bybit offering lending services to its users, offering interest payouts for deposited cryptocurrencies on the exchange. Bybit is one of a number of exchanges offering the service as Cointelegraph previously reported<\/a>.<\/p>\n

AI is proving to be a catalyst for innovation across a number of sectors. Animoca Brands subsidiary TinyTap is an example of a platform that uses AI to generate educational games and nonfungible tokens (NFTs) based on user prompts.<\/p>\n

Meanwhile NASDAQ-listed Iris Energy announced that it had invested $10 million to purchase 248 of Nvidia\u2019s H100 Tensor Core GPUs to explore generative AI opportunities at its data center sites. <\/p>\n

The chip and hardware manufacturer posted<\/a> unprecedented Q2 results in 2023 off the back of an explosion in interest in AI-powered tools like ChatGPT.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data. TradeGPT is being touted as an AI-powered education tool that taps into the generative ability of ChatGPT\u2019s large language model and Bybit\u2019s inhouse ToolsGPT to provide real-time market analysis […]<\/p>\n","protected":false},"author":2,"featured_media":149526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-149525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=149525"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149525\/revisions"}],"predecessor-version":[{"id":149528,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149525\/revisions\/149528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/149526"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=149525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=149525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=149525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}