S&P 500
5462.3 +0.92%
NASDAQ Composite
NASDAQ
17497.1 +0.89%
Bitcoin
BTC
$66,411 -0.22%
Ethereum
ETH
$3,368 -0.80%
US10Y
4.241% -0.0450
Header logo
  1. Research
  2. Crypto Research
  3. Market Update

Solana Integrates with ChatGPT, Core Scientific Close to Final Restructuring Plan

May 24, 2023
Market Update Markets are falling today as investors begin to get concerned about a debt ceiling resolution. Equity indices continue yesterday’s sharp selloff, with the $SPY and $QQQ falling by over 0.85%. In crypto markets, $BTC (-3.39%) is testing the low $26,000s, while $ETH (-3.34%) has dropped below $1800. Cross-chain bridge Multichain was experiencing issues this morning where users complained of stuck transactions. Multichain claims the issues are a result of an ongoing upgrade and that all funds are safe, while some on twitter have speculated there are deeper issues related to the team being arrested in China. The rumors, combined with $2.7 million worth of team tokens being transferred to Gate has many investors scared. $MULTI has dropped 26% so far in today’s trading.The Solana Foundation has unveiled an open-source reference implementation that enables users to interact directly with the Solana network through ChatGPT. Developed by Solana Labs, this integration showcases how artificial intelligence (AI) can enhance the understanding and accessibility of Solana's data, protocols, computing infrastructure, and DeFi projects. The plugin, available on Github, empowers users to conduct various actions like purchasing NFTs, token transfers, transaction inspection, dat

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Already a member?

Reports you may have missed

Executium TN 6BYSMrQs Unsplash

CRYPTO MARKET UPDATE RATES ARE BROADLY LOWER, WITH A NOTABLY STRONGER RALLY AT THE FRONT END OF THE CURVE AS THE MARKET APPEARS TO BE TAKING POTENTIAL RATE CUTS OVER THE NEXT COUPLE OF FOMC MEETINGS MORE SERIOUSLY. Despite significant weakness in equities today, the crypto market is looking relatively healthy, with BTC and many altcoins in the green. BTC briefly rallied above $67k but has since drifted back down...

BTC -0.22% ETH -0.80% GBTC -1.55% IWM +2.12% QQQ +0.4% SOL 1.55% ^SPX
Andre Francois Mckenzie Vh7U Z75L3U Unsplash

CRYPTO MARKET UPDATE DESPITE BEING THE LAUNCH DAY FOR ETH ETFS, CRYPTO BROADLY MOVED LOWER IN THE EARLY MORNING HOURS TODAY, POSSIBLY DUE TO MOVEMENT OUT OF THE MT. GOX TRUSTEE WALLETS. Mt. Gox sent approximately $130 million in BTC to Bitstamp, leaving about 90k BTC remaining in the trustee wallets. This move lower was likely also influenced by a rise in the DXY. Currently, BTC is trading around $66.5k,...

AVAX -2.32% BTC -0.22% ETH -0.80% ETHBTC ETHE N/A% GBTC -1.55% GOOGL -0.1% SOL 1.55% TSLA +3.51% V +0.98%
All-time highs next? Bitcoin holds $62K as the dollar index tumbles to 3-week lows

CRYPTO MARKET UPDATE POLITICAL DEVELOPMENTS CONTINUE TO DOMINATE INVESTOR SENTIMENT FOLLOWING PRESIDENT BIDEN'S WITHDRAWAL FROM THE PRESIDENTIAL RACE ON SUNDAY AFTERNOON. The initial market reaction saw a dip in crypto prices, with Bitcoin falling from $67.5k to $66k. However, the market rebounded after Biden endorsed Harris. Since the U.S. market opened on Monday, we have seen relatively choppy price action. BTC is now trading slightly above $67k, while ETH remains...

BITI BTC -0.22% ETH -0.80% OP -1.98% SOL 1.55% USDY 0.32%
Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says

CRYPTO MARKET UPDATE U.S. EQUITIES ARE CONTINUING THIS WEEK’S SELL-OFF, WITH THE SPY 0.92%  AND QQQ 0.40%  BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE DXY AND TREASURY YIELDS INCH UPWARDS. In contrast, BTC is moving sharply higher, trading at $65.8k, with rumors circulating that former President Trump will unveil plans to add Bitcoin as a strategic reserve at next week’s Bitcoin conference. ETH is trading at $3,450 ahead of potential S-1 approval after...

BONK 1.70% BTC -0.22% DXY N/A% ETH -0.80% JUP -8.65% QQQ +0.4% SOL 1.55% SPY +0.92% WIF -1.42%
FS Insight

Sign in to read the report!

We have detected you are an active member!

or

Sign in with Google

Sign in with Twitter
Ray: 95c70c-e316db-433e4b-61571b-b723e1