Cryptocurrency
Convergence of AI and blockchain: Unlocking new possibilities
Let’s do a simple exercise, shall we?
Try to imagine a world where innovations in banking, finance, power, medical services and social media are the best they have ever been. One where these industries and several others are powered entirely by unbreakable, difficult-to-hack-or-crack streams of data.
A world where this kind of superpowered data is run by powerful algorithms, and is capable of learning, updating and improving itself. Do you think such a world is possible? It might be closer than you think. Over the last decade, AI and blockchain have proven themselves to be the future. One of them (blockchain technology) possesses the ability to produce unbreakable chains of data.
On the other hand, AI is able to create self-updating algorithms that are capable of learning from the world around them. But have you ever wondered what might happen if we found a way to put both of these bits of technology together?
Well, welcome to the future.
Understanding the building block(chain)
What exactly does AI entail?
AI, in simple terms, refers to a combination of algorithms and data structures that give machines (particularly computers) the ability to think, learn and solve problems. Maybe even better than a human being ever could. Believe it or not, you directly use some form of AI, every single day.
The music streaming apps you use, your flight booking apps and even the traffic lights on roads. AI is everywhere. Blockchain technology, on the other hand, can be decentralized, is generally unbreakable and is a transparent piece of technology that allows secure and tamper-proof transactions.
Blockchain technology has several use cases that we have barely even scratched the surface of. Things like supply chains, transparent voting and asset tokenization are all under the umbrella of blockchain technology. With blockchain technology, you can convert the ownership of your house into a token that you can transfer, sell or even split into several pieces.
The AI and blockchain revolution
Both of these technologies have proven themselves, several times over. However, when AI and blockchain come together, they become an unstoppable force.
If AI is used properly, it can enhance the abilities of blockchain networks, allowing them to process data faster, make better decisions in hashing algorithms and can even make smart contracts “smarter.” Imagine smart contracts that have the ability to think or make independent decisions.
At the same time, blockchain can return the favor to AI systems, boosting their trust and security and ensuring that the data used to train AI models is tamper-proof and verifiable. When AI and blockchain technology come together, here are some wonders they could give birth to.
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Personalized practices for medical professionals
At this point, almost everyone has tasted the power of AI tools like OpenAI’s ChatGPT, Google’s Bard and Microsoft’s Bing Chat. AI can be used to analyze massive amounts of medical data, such as patient records, genetic information and clinical trials. With this information, it can test out several drug combinations, simulate a person’s immune responses to them and even assist medical professionals by suggesting treatments for certain conditions.
When integrated with blockchain, patient data can be stored securely and will only be accessed by authorized parties. Storing vast amounts of patient data under bulletproof privacy can potentially lead to more accurate diagnoses, tailored treatments and faster drug discoveries.
Decentralized finance (DeFi)
There are several problems with traditional financial systems like banks, brokers and lenders. These problems are so bad that fraud, unfair interest rates and security issues are only the beginning. With blockchain technology handling finances, there is less of a need for intermediaries and middlemen, contracts are open for everyone to see and well-written smart contracts are uncheatable and unbendable. When AI comes into the picture, its algorithms can analyze market data in split seconds, allowing almost anyone to make better and well-informed trading, banking and purchasing decisions.
Fraud detection
Patterns are in everything, and it is possible to accurately predict several circumstances ages before they happen. When AI is integrated with the vast amounts of data that flow through blockchains per second, several of these patterns that indicate fraud can be identified, caught and prevented awhile before they happen. With these, scams, rug-pulls and outright theft can be identified significantly earlier.
Product tracking
Imagine a world where you can check the verified age of a bottle of wine, the age of a house, the expiry date of a can of sardines or even the freshness of a crate of eggs using blockchain technology. Using blockchain and AI solutions, a company can create a digital record of products containing info such as where/when they are manufactured, allowing users to track a product’s origin and the materials used in its production.
The challenges and opportunities
While bringing AI and blockchain together holds great promise, it is not without problems. One of the biggest problems to tackle is scalability. In the real world, both AI and blockchain processes require massive amounts of computational power. However, AI can also be used to implement blockchain scalability solutions like sharding and off-chain computation.
Another concern may be the issue of privacy. A combination of AI and blockchain technology will require more instances of data sharing. Data sharing, in turn, raises issues about who owns data and how it should be used. Both technologies will have to strike a balance between data accessibility and individual rights.
At the same time, blockchain technology and AI will require more skilled personnel with experience using AI algorithms and blockchain protocols. Training and finding talent to join the workforce may prove to be a challenge and may be one of the crucial aspects for the success of this convergence.
Overall, the combination of AI and blockchain represents a massive paradigm shift in modern technology and presents significant opportunities for lives and industries to improve. This combination of AI’s intelligence and blockchain technology’s trust will serve as the foundation of solutions that are more innovative than we have ever dreamed.
Abhishek Singh is a serial entrepreneur currently working on Acknoleger and is a vocal advocate of crypto.
This article was published through Cointelegraph Innovation Circle, a vetted organization of senior executives and experts in the blockchain technology industry who are building the future through the power of connections, collaboration and thought leadership. Opinions expressed do not necessarily reflect those of Cointelegraph.
Learn more about Cointelegraph Innovation Circle and see if you qualify to join
Bitcoin’s largest holders are accumulating aggressively while retail investors cash out, fueling speculation of a potential major price jump to a new all-time high (ATH) ahead.
According to blockchain analytics firm Santiment, over the last 30 days, wallets holding between 10 and 10,000 BTC have scooped up an additional 83,105 BTC, while smaller retail wallets, with less than 0.1 BTC, have collectively shed 387 BTC in the same period.
Whales Buy the Dip, Retail Sells the Rally
Santiment analysts noted clear signs that smaller wallets were taking profits, likely out of fear of a market top, while whales and sharks were doubling down. This stark divergence, especially the large-scale accumulation, led the analysts to suggest that Bitcoin’s next push up may only be “a matter of time” and could see the asset breach the $110,000 level to usher in a new ATH.
The prediction is based on growing macroeconomic optimism, after the flagship cryptocurrency soared to $105,800 on May 12 following news of de-escalating trade tensions between the United States and China.
The two squabbling nations have agreed to cease tariff hostilities for 90 days, with the U.S. slashing taxes on Chinese imports from 145% to 30% and Beijing bringing down its levies on American-made goods from 125% to 10%.
However, while the agreement spurred rallies in global equities and crypto, Santiment urged caution at the time, noting in an earlier post on X that the announcement may only outline a framework deal, not an executed agreement.
The experts advised, “Avoid overextending until confirmations are made,” warning of a potential “buy the rumor, sell the news” pullback.
Still, institutional confidence remains unshaken. Yesterday, Michael Saylor’s Strategy added 13,390 BTC to its books for $1.34 billion, averaging $99,856 for each. The purchase brings its total holding to 568,840 BTC, worth over $59 billion, translating to about $20 billion in unrealized profit.
Not to be left behind, Metaplanet also announced a more modest $126.7 million acquisition of 1,271 BTC, at $102,119 each. The buy took the Tokyo-based company’s BTC reserves to 6,796, eclipsing El Salvador’s and pushing its BTC Yield for the year to 170%.
Price Action
Looking at the market, the world’s largest cryptocurrency by market cap is showing signs of consolidation after its recent spike. At the time of going to press, it was trading at $102,427, down about 1.8% in the last 24 hours.
Additionally, although it’s up 8.5% on the week, it slightly underperformed compared to the broader crypto market, which gained 10.5% in that time. However, BTC has continued to shine across longer periods, up 21.2% for the month and 68.1% year-on-year, even though it remains 5.7% shy of its $108,786 ATH set earlier in the year.
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TL;DR
- On-chain data shared by popular crypto analyst Ali Martinez claims that XRP has no major resistance obstacles on its way up.
- At the same time, Glassnode reported that the latest rally could be driven by the futures market.
No Resistance Ahead?
Until this time last week, analysts indicated that $2 is crucial support in XRP’s future price performance, while noting that a surge past the resistance at $2.26 could become pivotal in reaffirming the asset’s bull run restart.
Such a price surge indeed transpired several days ago and the third-largest non-stablecoin cryptocurrency has remained above the latter ever since. Although it was stopped on its way to $2.7 yesterday, it still trades above $2.5 now and is among the few altcoins in the green today.
According to Martinez, there’s only clear sky ahead for XRP. In a recent post, the analyst with nearly 140,000 followers on X indicated that “on-chain data shows XRP has no major resistance clusters ahead.” On the other hand, the zone around $2.38 has become a key support level.
On-chain data shows $XRP has no major resistance clusters ahead, while the key support zone to watch sits at $2.38. pic.twitter.com/vvXjsSUYG1
— Ali (@ali_charts) May 13, 2025
In accordance with this bullish news came a few big price predictions for XRP. AllInCrypto said the asset is on its way to turn the previous all-time high of $3.4 into support, which would “lead it further along its way to our $19 price target in the long term.”
Others were a bit more modest, posting price targets of up to $5.4.
Futures-Driven Rally?
Glassnode noted earlier today that the XRP Futures Open Interest had skyrocketed by over $1 billion in just a week, up to $3.42 billion, representing a 41.6% increase. Given the underlying asset’s price rally that drove it to over $2.5, the analytics company determined that most of it was driven by leveraged positions, which suggests “growing directional conviction.”
$XRP Futures Open Interest has surged by over $1B in the past week, rising from $2.42B to $3.42B (+41.6%). This sharp increase in leverage coincides with a price rally from $2.14 to $2.48, suggesting elevated speculative activity and growing directional conviction, pic.twitter.com/QbsaOM9oxE
— glassnode (@glassnode) May 13, 2025
Recall that the last time the Open Interest for XRP had shot up this fast led to a price surge from $2.3 to $3.3 within a week or so back in January.
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[PRESS RELEASE – Victoria, Seychelles, May 13th, 2025]
As centralized exchanges and On-chain Trading edge closer to integration, global crypto trading platform BYDFi has officially launched MoonX, a powerful new on-chain trading engine. Positioned as a “ticket to the DEX world” for CEX users, MoonX simplifies DeFi access and marks the beginning of BYDFi’s dual-engine strategy.
CEX vs. DEX: From Competition to Integration
With meme coins, airdrops, and early-stage tokens gaining traction, on-chain markets have become a high-growth arena for crypto users. But wallet setup, gas fees, and cross-chain operations remain hurdles for mainstream CEX users.
At the same time, CEXs are increasingly limited in capturing early-stage or long-tail assets. The industry is clearly shifting: CEXs and DEXs are no longer separate silos—they are becoming complementary systems. MoonX is BYDFi’s answer to this evolution.
MoonX: The Gateway to On-Chain Trading
MoonX isn’t another exchange or wallet; it’s a lightweight entry point to Web3 trading. It retains the security and user familiarity of CEXs while unlocking the asset diversity and potential of DeFi.
For Example: a user discovers a trending meme coin on social media and wants to copy a whale trade. Traditionally, that would involve switching wallets, acquiring gas, copying contract addresses, and navigating multiple DEX interfaces. With MoonX, there’s no wallet setup, no gas fees, no chain switching—just one BYDFi account and a single tap to execute.
MoonX delivers a Web2-level user experience tailored for a Web3 world:
Access to Over 500,000 Meme Coins
- Aggregates liquidity from multiple platforms like Pump.fun, Raydium, PancakeSwap, and more.
- Currently supports Solana and BNB Chain, with plans to expand to additional major blockchains.
Built-In Trading Intelligence
- Integrates smart strategies and smart money copy trading.
- Millisecond-level execution, optimized for high-frequency Degen Traders.
Security-First On-Chain Infrastructure
- Hybrid custody ensures users don’t manage private keys but still retain asset control.
- Co-built with Safeheron using MPC + TEE for institutional-grade protection.
- Integrated with GoPlus for real-time contract risk scanning and alerts.
BYDFi: Entering the Dual-Engine Era
MoonX is more than a product update—it’s the start of BYDFi’s CEX + DEX dual-engine architecture. Users can now manage centralized and on-chain assets within one unified account framework.
By combining liquidity, strategy tools, and advanced security, MoonX goes beyond trend-chasing. It’s building a foundation for trading early-stage, long-tail assets with optimized on-chain efficiency.
Michael, Co-Founder of BYDFi, stated: “MoonX is more than a new feature—it could shape a new standard: a scalable Web3 onboarding system that starts with a CEX front-end and runs on a DEX backend, designed for frictionless asset flow.”
He added: “MoonX merges the best of both worlds—CEX performance and DEX freedom—so that anyone can participate in smart on-chain trading. Web3 shouldn’t be exclusive to experts. It should be a finance layer open to all.”
About BYDFi
Founded in 2020, BYDFi serves over 1,000,000 users across 190+ countries. Its product lineup includes spot, derivatives, copy trading, and now on-chain trading via MoonX.
In 2023, BYDFi was recognized by Forbes as one of the Top 10 Global Crypto Exchanges. In 2025, it partnered with Ledger to launch a co-branded hardware wallet, reinforcing user self-custody and asset security.
BYDFi is committed to providing a world-class crypto trading experience for users. BUIDL Your Dream Finance.
- Website: https://www.bydfi.com
- Support Email: cs@bydfi.com
- Business Partnerships: bd@bydfi.com
- Media Inquiries: media@bydfi.com
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LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
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