Matthew Sigel From VanEck Says Bitcoin Mining And This Crypto Platform Will Receive Huge Boost From AI

During an interview, Matthew Sigel, Head of Digital Assets Research at VanEck, discussed the transformative power of artificial intelligence (AI) for Bitcoin (BTC) miners.

According to Matthew Sigel, Head of Digital Assets Research at VanEck, artificial intelligence (AI) could provide a significant boost to Bitcoin (BTC) miners and crypto platforms like ETFSwap (ETFS). In an interview on CNBC's Fast Money, Sigel highlighted the underperformance of major Bitcoin (BTC) mining companies and discussed how AI could present an opportunity for these companies to boost profitability.

Despite a substantial increase in the price of BTC from $40,000 to $73,000 in 2024, major Bitcoin (BTC) mining companies experienced underwhelming results. These companies are typically viewed as high-beta plays, suggesting a higher volatility and greater return profile, which was not the case during this period.

However, Sigel suggested that AI could be a game changer for these companies, presenting an opportunity for them to pivot their energy resources to support AI operations. This shift is possible because AI operations prioritize the use of Graphical Processing Units (GPUs) over Central Processing Units (CPUs), which aligns with the existing infrastructure of Bitcoin (BTC) miners.

Another key aspect highlighted by Sigel is the integration of AI into crypto platforms. In the case of ETFSwap (ETFS), AI plays a crucial role in identifying patterns that can be utilized to forecast the performance of exchange-traded funds (ETFs). This capability aids investors in anticipating market trends and adjusting their positions to minimize risks and potential losses in their portfolios.

As more researchers, companies, and crypto platforms adopt AI technology, it opens up new avenues for profitability for Bitcoin (BTC) miners and facilitates portfolio positioning for crypto platforms.

Moreover, ETFSwap (ETFS) boasts innovative AI tools and features that enhance the user experience. The platform employs AI to learn from user interactions with its content and personalizes the dashboard layout to individual preferences. This ensures that ETFSwap (ETFS) highlights relevant trading opportunities and makes the platform more engaging for users at all levels of experience.

Among ETFSwap's (ETFS) advanced AI-powered tools is one that analyzes market sentiment from social media and news sources, providing traders with valuable information. By gauging the overall market sentiment or media coverage toward specific market assets, users can anticipate trends and make informed decisions about their trading strategies. Additionally, ETFSwap's (ETFS) algorithms monitor ETF portfolios in real-time, automatically rebalancing them as market conditions change.

Another notable feature of ETFSwap (ETFS) is its low operating costs, which stem from the platform's ability to automate routine tasks and optimize processes. This efficiency, not possible in traditional markets, enables transactions to be completed in minutes.

Finally, ETFSwap (ETFS) attracts investors with its diverse offering of hybrid institutional assets. The platform features tokenized ETFs that are backed by real-world assets from various sectors and industries, including agriculture, healthcare, energy, and more.

To ensure transparency, the ETFSwap (ETFS) team completed the KYC verification process with Solidproof, a smart contract security auditing firm. Additionally, Cyberscope, a cybersecurity auditing firm, conducted a thorough audit of the platform's smart contracts and found no vulnerabilities in the underlying infrastructure.

Investors and traders can participate in ETFSwap's (ETFS) token presale at a price of $0.03846. This offering provides an opportunity to invest in the future of crypto, as top analysts anticipate an “explosive surge” in the platform's native token. A 50% discount is available during the presale with the promo code "ETFS50".

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