British fund giant Baillie Gifford launches tokenization pilot project on Ethereum

The post How to Use ChatGPT for Crypto Research Before Investing in Coins appeared on BitcoinEthereumNews.com. Key takeaways ChatGPT helps simplify complex crypto projects by summarizing white papers, explaining use cases and breaking down tokenomics. Researching the team, partnerships and security risks is crucial before investing in any crypto token. Comparing projects with competitors highlights strengths and weaknesses for better decision-making. ChatGPT can suggest relevant research questions, acting as a guide for beginners and experienced investors alike. Investing in cryptocurrency can be exciting and overwhelming, especially with the thousands of coins and tokens available today. From Bitcoin (BTC) and Ether (ETH) to lesser-known altcoins and memecoins, the market is flooded with opportunities and risks. Before investing your money, proper research is essential. That’s where ChatGPT can help. This article walks you through how to use ChatGPT to research cryptocurrency projects (using different projects as examples), assess their credibility, and make smarter, data-informed investment decisions. Whether you’re a beginner or a seasoned trader looking to streamline your workflow, ChatGPT can be a powerful research assistant. Why research matters in crypto investing Unlike traditional stocks backed by earnings reports and regulatory filings, crypto assets often lack standardized financial data. Instead, you must sift through white papers, GitHub repositories, community sentiment and more. Failing to do proper research can lead to investing in overhyped or even fraudulent projects. Crypto scams can take many forms, but here are a few common examples to illustrate why research is crucial: Rug pulls: These occur when developers create a new token, promote it heavily to attract investors, then suddenly withdraw all funds, leaving investors with worthless tokens. A notorious case was the “Squid Game” token in 2021, which surged in price before the creators vanished with millions. Pump-and-dump schemes: Groups artificially inflate a coin’s price by spreading false hype, only to sell off their holdings at a profit, crashing the price and leaving…

PANews reported on June 20 that according to Cointelegraph, the Arizona State Assembly's HB 2324 "Bitcoin Reserve Act" was revived after a reconsideration motion and passed the State Senate by

South Korean lawmakers have criticized Lee Eok-won, the nominee for the post of chairman at the Financial Services Commission, for buying shares in the Bitcoin (BTC)-keen US firm Strategy.