Groundbreaking Investment: Bitfury's $12M Commitment to Decentralized AI Network Highlights the Fusion of Crypto and AI
Bitfury's Investment: Bitfury has made a strategic $12 million investment in Gonka.ai's decentralized AI network, indicating a significant convergence between blockchain technology and artificial intelligence.
Decentralized AI Network Model: Gonka.ai's platform creates a marketplace for GPU computing power, allowing users to rent out unused resources, which enhances accessibility and reduces costs in AI development.
Significance of the Partnership: This collaboration between Bitfury and Gonka.ai validates the decentralized AI network concept and highlights trends such as the intersection of blockchain and AI, growing institutional interest, and the democratization of AI development.
Challenges Ahead: Despite its potential, the decentralized AI network faces challenges like network latency and quality control, but Bitfury's backing may help address these issues and pave the way for future projects in distributed computing.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00939 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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