Fun

News Feed - 2023-07-07 04:07:00

Tristan Greene4 hours agoScientists create a crypto portfolio management AI trained with on-chain dataAccording to the researchers, CryptoRLPM is the first reinforcement learning-based AI system using on-chain metrics for portfolio management.1398 Total viewsListen to article 0:00NewsJoin us on social networksA pair of researchers from the University of Tsukuba in Japan recently built an artificial intelligence-powered cryptocurrency portfolio management system that utilizes on-chain data for training, the first of its kind, according to the scientists. 


Called CryptoRLPM, short for “Cryptocurrency reinforcement learning portfolio manager,” the artificial intelligence (AI) system utilizes a training technique called “reinforcement learning” to implement on-chain data into its model.


Reinforcement learning (RL) is an optimization paradigm wherein an AI system interacts with its environment — in this case, a cryptocurrency portfolio — and updates its training based on reward signals.


CryptoRLPM applies feedback from RL throughout its architecture. The system is structured into five primary units that work together to process information and manage structured portfolios.


These modules include a data feed unit, data refinement unit, portfolio agent unit, live trading unit and agent updating unit.Screenshot of pre-print research. Source: Huang, Tanaka, “A Scalable Reinforcement Learning-based System Using On-Chain Data for Cryptocurrency Portfolio Management"


Once developed, the scientists tested CryptoRLPM by assigning it three portfolios. The first contained only Bitcoin (BTC) and Storj (STORJ), the second kept BTC and STORJ while adding Bluzelle (BLZ), and the third kept all three alongside Chainlink (LINK).


The experiments were conducted over a period lasting from October 2020 to September 2022 with three distinct phases (training, validation and backtesting).


The researchers measured the success of CryptoRLPM against a baseline evaluation of standard market performance through three metrics: accumulated rate of return (AAR), daily rate of return (DRR) and Sortino ratio (SR).


AAR and DRR are at-a-glance measures of how much an asset has lost or gained in a given time period, and the SR measures an asset’s risk-adjusted return.Screenshot of pre-print research. Source: Huang, Tanaka, “A Scalable Reinforcement Learning-based System Using On-Chain Data for Cryptocurrency Portfolio Management”


According to the scientists’ pre-print research paper, CryptoRLPM demonstrates significant improvements over baseline performance:“Specifically, CryptoRLPM shows at least a 83.14% improvement in ARR, at least a 0.5603% improvement in DRR, and at least a 2.1767 improvement in SR, compared to the baseline Bitcoin.”


Related:DeFi meets AI: Can this synergy be the new focus of tech acquisitions?# Bitcoin# Blockchain# Cryptocurrencies# Altcoin# Japan# Storj# AI# Chainlink# Machine LearningAdd reactionAdd reactionRelated NewsCan memecoins be used as real currency?Top 5 dog-themed cryptocurrencies by market capBuckle up, Reddit: Closed APIs cost more than you’d expectLTC, XMR, AAVE and MKR turn bullish as Bitcoin stalls under $31KHut 8 relocates 6,400 rigs, sees growth in AI and high-performance computingPrice analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

News Feed

SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear
SEC Chairman Says Satoshi Nakamoto"s Innovation Is Real, Crypto Rules Are Clear The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler,
Amaka Nwaokocha19 minutes agoNigeria invites global experts to collaborate on national AI strategyThe action will impact how the government formulates inventive technological solutions for critical national challenges.16
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO: Europe More Likely to Head Into Recession Than US Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stresse
Brayden Lindrea18 hours agoBlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: AnalystBloomberg’s senior ETF analyst believes BlackRock has an even chance of getting its Bitcoin ETF green-lit, as Grays
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed In a strange twist of fate, two companies named Polygon are
Crypto Super PAC spends $2M on attack ad targeting NY lawmaker
Turner Wright2 hours agoCrypto Super PAC spends $2M on attack ad targeting NY lawmakerDemocratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the la
Metaplanet rallies 10% as it scoops Bitcoin for 3rd time in 2 months
Brayden Lindrea4 hours agoMetaplanet rallies 10% as it scoops Bitcoin for 3rd time in 2 monthsThe firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07, worth over $9.6 million.4555 Total vie
Solana Retraces TRUMP Meme Pump Gains – But Technicals Suggest A $300 Run
Este artículo también está disponible en español. Solana (SOL) faced a brutal selloff yesterday, mirroring the broader market collapse triggered by escalating U.S. trade
Crypto trader turns $3K into $46M in one month as PEPE price soars
Zoltan Vardai7 hours agoCrypto trader turns $3K into $46M in one month as PEPE price soarsThe savvy cryptocurrency trader is up over 15,000 fold on his initial $3,000 Pepe investment in just one month.9639 Total views18
BitcoinOS launches BitSNARK ZK verification for enhanced privacy on Bitcoin
Josh O"Sullivan5 hours agoBitcoinOS launches BitSNARK ZK verification for enhanced privacy on BitcoinBitSNARK enables private transactions and advanced DApps on the Bitcoin blockchain while keeping BTC’s core intact.18
Huobi Japan Raises $4.6 Million From Tokyo-Listed Financial Services Firm
Huobi Japan has received almost 500 million yen ($4.6 million) in investment from a Tokyo-listed company involved in leasing, real estate, insurance brokerage and mergers and acquisitions.
Polkadot’s new proposal to slash unstaking time to 2 days
Josh O"Sullivan9 hours agoPolkadot’s new proposal to slash unstaking time to 2 daysPolkadot’s new RFC-0092 proposal aims to reduce the unstaking period from 28 days to just two days, enhancing user experience and mai