Will AI Take Over Crypto Trading?
This year we have seen the rise of artificial intelligence (AI), in particular with the popularity of ChatGPT for text as well as for graphics such as Dali and Mid-Journey.
Another sector that has been rapidly adopting AI is the financial sector, and it’s been nothing short of revolutionary.
One of the most notable examples is Alladin, BlackRock’s AI trading tool.
Alladin has been instrumental in helping BlackRock become one of the world’s largest asset managers, with over $9 trillion in assets under management.
The tool uses machine learning algorithms to analyze market trends, manage risk, and execute trades, thereby optimizing investment strategies.
With the largest and most successful asset manager in the world (Blackrock) already using AI for their investing, it’s only a matter of time before this technology hits the market for mass adoption…And I believe it’s already here!
The Current State of Automated Crypto Trading
Automated crypto trading is not a new phenomenon. Platforms like 3Commas, Coinrule, and Pionex have been offering…
