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

Ether ETFs may be delayed, as institutions are unprepared — Web3 exec
Zoltan Vardai12 hours agoEther ETFs may be delayed, as institutions are unprepared — Web3 execHowever, while spot Ether ETF applications could see further delays, approval is just a matter of time, according to the CEO
Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers
Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers Moneygram has completed an investment in cryptocurrency ATM operator Coinme. “At Mone
CZ Sparks Memecoin Frenzy With Dog Picture: Four.Meme Starts Token Betting Event
Este artículo también está disponible en español.  Binance founder Changpeng Zhao, also known as “CZ,” has taken the crypto market by storm after sharing his dog’s
The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink
The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink Several reports detail that U.S. Federal Reserve officials
Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns
Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns Following Mozilla’s decision to pause crypto donations due to environmental c
Ethereum Whales Bought $1 Billion ETH In The Past 96 Hours – Details
Este artículo también está disponible en español. Ethereum has faced significant volatility over the past few days, with massive selling pressure emerging after the crypt
Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend"s Legitimacy This past week, another social media trend started on the
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begin
Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain
Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for bl
Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses
Helen Partz9 hours agoVitalik Buterin endorses Celo for beating Tron in stablecoin addressesVitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.5019 Total views25
BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K
Rakesh Upadhyay15 hours agoBNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69KBitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.4194 Total v