Connect with us

Crypto

Bitget Wallet Unveils AI Tool to Spot Crypto “Whales”

Published

on

Bitget Wallet Unveils AI Tool to Spot Crypto “Whales”

Bitget
Wallet, a Web3 crypto wallet formerly known as BitKeep, has launched a new
“Smart Money” feature powered by artificial intelligence. This tool
tracks over 6,000 high-performing crypto addresses on networks like Ethereum to
identify potential trading signals and market trends.

The
cryptocurrency exchange Bitget’s wallet also summarized 2023, during
which it underwent rebranding, and its global user count exceeded 12 million.

The Smart
Money feature provides traders with real-time data on the activities of
historically successful crypto traders and investors, referred to as
“whales.” This includes info on the assets being traded, transaction
volumes and prices, number of holding addresses, and more.

According
to Bitget Wallet’s COO, Alvin Kan, the goal is to “empower users to
preemptively discern market trends, promptly uncover investment opportunities,
and consequently bridge the gap between ordinary investors and Smart
Money.”

The wallet
plans to expand the feature to additional blockchains, such as BNB Chain,
Solana, Polygon, and Avalanche. Bitget Swap, the wallet’s built-in DEX
aggregator, already supports trading on nearly 30 networks.

Kan
highlighted the importance of intelligent market data for discovering new
assets and trends early. He stated the wallet aims to provide users with
“a rich selection of on-chain assets and robust on-chain trading services,
enabling them to seize these new opportunities.”

Bitget Wallet’s 2023 in
Recap

Bitget
acquired a controlling stake in the wallet, formerly known as BitKeep, for $30
million in March 2023. The rebrand to Bitget Wallet took place in August as
part of a broader integration with the Bitget crypto derivatives exchange to
bridge CeFi and DeFi.

The post on
Bitget Wallet’s blog additionally featured a summary of the entire year 2023. In the
last 12 months, Bitget Wallet introduced an enterprise-grade multi-party
computation “keyless” wallet, offering users secure and convenient
Web3 services. Bitget Wallet now supports hardware wallet connections for
private key control and regularly undergoes security audits.

The user
base of the wallet exceeded 12 million, and in Q4 2023, it was the fourth most
popular among other crypto wallets in terms of downloads.

Advertisement

“We
will continue to enhance product capabilities and deliver high-quality on-chain
asset services, assisting users in their Web3 exploration journey,” Kan
concluded.

The Bitget
exchange further summarized its 2023, noting an increase in user base by 12
million new traders and achieving an increase of 94% in spot volumes.

Advertisement

At the end of
last year, it unveiled a plan focusing on product research, development, and
increased investments.

Bitget
Wallet, a Web3 crypto wallet formerly known as BitKeep, has launched a new
“Smart Money” feature powered by artificial intelligence. This tool
tracks over 6,000 high-performing crypto addresses on networks like Ethereum to
identify potential trading signals and market trends.

The
cryptocurrency exchange Bitget’s wallet also summarized 2023, during
which it underwent rebranding, and its global user count exceeded 12 million.

Advertisement

The Smart
Money feature provides traders with real-time data on the activities of
historically successful crypto traders and investors, referred to as
“whales.” This includes info on the assets being traded, transaction
volumes and prices, number of holding addresses, and more.

According
to Bitget Wallet’s COO, Alvin Kan, the goal is to “empower users to
preemptively discern market trends, promptly uncover investment opportunities,
and consequently bridge the gap between ordinary investors and Smart
Money.”

The wallet
plans to expand the feature to additional blockchains, such as BNB Chain,
Solana, Polygon, and Avalanche. Bitget Swap, the wallet’s built-in DEX
aggregator, already supports trading on nearly 30 networks.

Kan
highlighted the importance of intelligent market data for discovering new
assets and trends early. He stated the wallet aims to provide users with
“a rich selection of on-chain assets and robust on-chain trading services,
enabling them to seize these new opportunities.”

Advertisement

Bitget Wallet’s 2023 in
Recap

Bitget
acquired a controlling stake in the wallet, formerly known as BitKeep, for $30
million in March 2023. The rebrand to Bitget Wallet took place in August as
part of a broader integration with the Bitget crypto derivatives exchange to
bridge CeFi and DeFi.

The post on
Bitget Wallet’s blog additionally featured a summary of the entire year 2023. In the
last 12 months, Bitget Wallet introduced an enterprise-grade multi-party
computation “keyless” wallet, offering users secure and convenient
Web3 services. Bitget Wallet now supports hardware wallet connections for
private key control and regularly undergoes security audits.

The user
base of the wallet exceeded 12 million, and in Q4 2023, it was the fourth most
popular among other crypto wallets in terms of downloads.

“We
will continue to enhance product capabilities and deliver high-quality on-chain
asset services, assisting users in their Web3 exploration journey,” Kan
concluded.

The Bitget
exchange further summarized its 2023, noting an increase in user base by 12
million new traders and achieving an increase of 94% in spot volumes.

At the end of
last year, it unveiled a plan focusing on product research, development, and
increased investments.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

Youtube Expands Creator Monetization Using Paypal USD Stablecoin

Published

on

Youtube Expands Creator Monetization Using Paypal USD Stablecoin
Youtube has reportedly begun letting U.S. creators receive payouts in Paypal’s dollar-pegged stablecoin, Paypal USD (PYUSD), signaling a shift toward regulated digital currencies as mainstream payment tools and deepening stablecoins’ role in creator monetization.
Continue Reading

Crypto

Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus

Published

on

Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus
Stablecoin issuer Tether said Friday it has submitted an all-cash offer to buy Italian soccer juggernaut Juventus from the Agnelli family, a novel bid by a cryptocurrency company to acquire a blue-chip global soccer club from one of Europe’s most storied dynasties.

Tether is the largest stablecoin issuer with $186 billion of its USDT tokens in circulation. The company previously took an

Continue Reading

Crypto

Gemini Titan Enters US Prediction Markets With Yes-or-No Event Contracts

Published

on

Gemini Titan Enters US Prediction Markets With Yes-or-No Event Contracts
Gemini Titan now holds a U.S. license to offer prediction markets, setting up a fierce push for trader liquidity as the platform challenges rivals, draws in new market flow, and builds toward a broader lineup of future derivatives products.
Continue Reading

Trending