Research Summary
The report discusses the rise of AI and its potential intersection with crypto. It also covers the current state of the crypto market, highlighting issues such as regulatory concerns and lack of compelling use cases. The report suggests that the crypto market is currently not in a good state and needs to improve before a sustainable bull market can occur. It also discusses the potential restart of the FTX exchange and its implications.
Actionable Insights
- Monitor the intersection of AI and crypto: The rise of AI and its potential intersection with crypto could lead to new opportunities. This includes open-source training of AI models, reinforcement learning from human feedback, decentralized compute supply, and blockchain-based assurances of provenance.
- Stay updated on regulatory developments: The report highlights regulatory concerns, especially around ETH, as a major issue. Keeping an eye on regulatory developments could help in understanding the future trajectory of the market.
- Watch for improvements in the crypto market: The report suggests that the crypto market is currently not in a good state and needs to improve before a sustainable bull market can occur. Therefore, monitoring for signs of improvement could be beneficial.
- Follow the FTX exchange restart: The potential restart of the FTX exchange is discussed in the report. Following this development could provide insights into the future of the crypto market.
