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 <p class="paragraph">Facing the turmoil of the largest <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency exchange, Binance, and recent rocky charts that have seen most <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets experience a cutback on their gains, investors are now left wondering what is next on the horizon.</p>
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 <p class="paragraph">With the fear on the rise, most of the top 100 altcoins have retraced in the past week. Recently, many have lost a significant portion of their November gains. In light of this, investors are looking for potential opportunities amidst the fear, uncertainty, and doubt (FUD) affecting the market.</p>
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  <p class="paragraph">“If #FUD becomes prominent, #buythedip opportunities should be worth exploring.” <em>Santiment</em> posted on X on November 27.</p>
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 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="608" src="https://cdn.thebittimes.com/images/2023/11/27/ff89df51081319d9ce76e0b7221c3ea0.webp" alt="FUD is inflicting damage on most of the top 100 crypto assets. Source: Santiment
" class="wp-image-139700" srcset="https://cdn.thebittimes.com/images/2023/11/27/ff89df51081319d9ce76e0b7221c3ea0.webp 1024w, https://cdn.thebittimes.com/images/2023/11/27/ff89df51081319d9ce76e0b7221c3ea0.webp 300w, https://cdn.thebittimes.com/images/2023/11/27/ff89df51081319d9ce76e0b7221c3ea0.webp 768w, https://cdn.thebittimes.com/images/2023/11/27/ff89df51081319d9ce76e0b7221c3ea0.webp 1536w, https://cdn.thebittimes.com/images/2023/11/27/ff89df51081319d9ce76e0b7221c3ea0.webp 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
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   FUD is inflicting damage on most of the top 100 crypto assets. Source: Santiment
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 <p class="paragraph">Considering the recent developments, Finbold has turned to artificial intelligence (AI) to provide traders with possible safe havens for the upcoming period. Specifically, ChatGPT, an AI program by OpenAI, recommended 5 crypto assets to watch in December based on market trends and analytics.</p>
 <h2 class="wp-block-heading" id="h-bitcoin-btc">Bitcoin (BTC)</h2>
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       <h3 class="font-bold leading-6 " id="what-if-avalanche-avax-had-solana-s-sol-market-cap">What if Avalanche (AVAX) had Solana’s (SOL) market cap?</h3>
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 <p class="paragraph">Unsurprisingly, AI has chosen the flagship cryptocurrency, Bitcoin (BTC), as the first pick among the cryptos to buy next month, as it has experienced a positive change of over 8% in the previous 30 days.</p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="950" height="229" src="https://cdn.thebittimes.com/images/2023/11/27/44fecf2af4261ac2809a7677b8eafccc.webp" alt="ChatGPT picks Bitcoin as the first crypto to buy in December. Source: Finbold and ChatGPT
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   ChatGPT picks Bitcoin as the first crypto to buy in December. Source: Finbold and ChatGPT
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 <p class="paragraph">News of the potential approval of the Bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) in the near future has been driving investors’ optimism in the previous month. Including big industry players, such as BlackRock, would represent a significant milestone in adopting digital assets in mainstream finance.</p>
 <p class="paragraph">In addition to the industry recognizing the importance of this digital asset, there is an increased amount of news of state factors looking to implement BTC in some form as a financial instrument.</p>
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    <p lang="en" dir="ltr">JUST IN CHINA #BITCOIN<br><br>CHINA IS SERIOUSLY INTRESTED IN #BITCOIN &amp; CRYPTO <br><br>Interactive Brokers secures approval to provide #Bitcoin    trading services to retail clients in Hong Kong . pic.twitter.com/qZL4LhHeyO</p>— BITCOINLFG (@bitcoinlfgo) November 27, 2023
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 <h2 class="wp-block-heading" id="ethereum-eth">Ethereum (ETH)</h2>
 <p class="paragraph">The next pick in the line is Ethereum (ETH), extending its positive momentum from the preceding weeks and successfully surpassing the critical resistance zone.</p>
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  <p class="paragraph">Given its capability to deploy decentralized applications, ChatGPT notes, “it has shown impressive growth since its inception. Its rivalry with Bitcoin and its substantial market capitalization makes it a key cryptocurrency to watch.”</p>
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 <p class="paragraph">Ethereum has recently surpassed a resistance range between $1,982 and $2,044. Notably, 1.67 million crypto wallets acquired 38.73 million ETH, allowing it to aim at more significant gains soon.</p>
 <p class="paragraph">On November 25, during an interview with <em>Defiant</em> in Turkey, Ethereum co-founder Vitalik Buterin discussed the need to enhance Ethereum’s staking process for improved mining and staking pools, aiming to increase platform decentralization in response to challenges posed by data availability in off-chain systems, which highlights the developers’ commitment towards continuous improvement of this digital asset.</p>
 <h2 class="wp-block-heading" id="binance-coin-bnb">Binance Coin (BNB)</h2>
 <p class="paragraph">Despite Changpeng Zhao’s departure, Binance (BNB) is still a leading <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency exchange. Consequently, Binance Coin is AI’s third pick for the next month’s purchase.</p>
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  <p class="paragraph">ChatGPT states:</p>
  <p class="paragraph">“Originating from the world’s largest <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> exchange, Binance, BNB has experienced remarkable growth since moving to the Binance Chain. Its growth rate and market capitalization make it a notable <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency.”</p>
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 <p class="paragraph">Quick response to legal troubles is highlighted in the appointment of Richard Teng, who swiftly announced the commitment to Binance’s core values of customer protection and constant improvement of its platform.</p>
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    <p lang="en" dir="ltr">I'll be doing lots of talking over the next few weeks. Interviews, events, AMAs &amp; more. Look forward to meeting many of you soon.<br><br>One point to reinforce now – #Binance’s core values will not change. We remain focused on protecting users &amp; building a platform people love to use.</p>— Richard Teng (@_RichardTeng) November 24, 2023
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 <p class="paragraph">Another solid indicator is that despite the significant outflow of $1 billion from Binance, on-chain data indicates a swift recovery. Interestingly, the figures align with Binance’s typical daily patterns, alleviating concerns about its financial stability. Initially down by 25%, liquidity is now displaying positive signs of recovery, as per a post by Nansen on November 22.</p>
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    <p lang="en" dir="ltr">Anyone can monitor @binance and other CEXs token holdings (proof of reserves) using Nansen Portfolio to see their daily Asset Worth (balance changes)<br><br>This combines token outflows and price changes<br><br>Yesterday for Binance this was a -$1.7B drop from the previous day pic.twitter.com/HpXXWrL2cs</p>— Nansen (@nansen_ai) November 22, 2023
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 <h2 class="wp-block-heading" id="tether-usdt">Tether (USDT)</h2>
 <p class="paragraph">Tether (USDT), the leading stablecoin by market cap, is commonly utilized by <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> traders for seamless transfers between <a rel="noopener noreferrer nofollow" title="cryptocurrencies" href="https://thebittimes.com/tag/cryptocurrencies.html">cryptocurrencies</a> and converting investments to or from fiat <a rel="noopener noreferrer nofollow" title="currencies" href="https://thebittimes.com/tag/currencies.html">currencies</a>. Its value is pegged to the U.S. dollar, which is a cause for it being a fourth pick to buy by ChatGPT.</p>
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  <p class="paragraph">On Tether, ChatGPT commented:</p>
  <p class="paragraph">“Tether (USDT): As a stablecoin pegged to the USD, Tether offers a less volatile option in the crypto market. Its stability in a generally volatile market makes it an interesting option to consider.”</p>
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 <p class="paragraph">Recent news that Tether and its affiliated crypto exchange Bitfinex have chosen to no longer oppose a Freedom of Information Law (FOIL) request initiated by journalists indicates a positive sign after the accusations over the lack of transparency regarding the verifiability of its claimed fiat reserve.</p>
 <h2 class="wp-block-heading" id="solana-sol">Solana (SOL)</h2>
 <p class="paragraph">Boasting low transaction costs and quick scaling, Solana (SOL) earned AI’s fifth-place pick for the next month’s purchase.</p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="887" height="104" src="https://cdn.thebittimes.com/images/2023/11/27/702a28ba3aca7ef8a19228b36b90c845.webp" alt="ChatGPT picks Solana as the fifth crypto to buy in December. Source: Finbold and ChatGPT
" class="wp-image-139702" srcset="https://cdn.thebittimes.com/images/2023/11/27/702a28ba3aca7ef8a19228b36b90c845.webp 887w, https://cdn.thebittimes.com/images/2023/11/27/702a28ba3aca7ef8a19228b36b90c845.webp 300w, https://cdn.thebittimes.com/images/2023/11/27/702a28ba3aca7ef8a19228b36b90c845.webp 768w" sizes="(max-width: 887px) 100vw, 887px">
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   ChatGPT picks Solana as the fifth crypto to buy in December. Source: Finbold and ChatGPT
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 <p class="paragraph">A recent analysis by <em>CoinEX Global</em>, posted on November 24, highlights and explains the main reasons behind the strong SOL performance in the previous period. The surge in SOL and related asset prices attracted increased capital inflow into the Solana-based protocols ecosystem, which, coupled with the strong performance of its projects (dePIN, DeFi), paved the ground for future solid performances.</p>
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    <p lang="en" dir="ltr">1/ Exciting times for the Solana community as we delve into the post-Breakpoint era! Solana Breakpoint 2023 in Amsterdam was a game-changer, fueling a massive 140% surge in $SOL and an overall ecosystem rebound. Let's break down the highlights! pic.twitter.com/cF2Na7a97O</p>— CoinEx Global (@coinexcom) November 24, 2023
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 <p class="paragraph">With the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency sector susceptible to short-term volatile movements, it is crucial to undertake necessary fundamental and technical preparation when deciding upon your next investment.</p>
 <p class="paragraph"><strong><em>Disclaimer: </em></strong><em>The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/chatgpt-picks-5-cryptocurrencies-to-buy-for-december-tbt71754.html">https://thebittimes.com/chatgpt-picks-5-cryptocurrencies-to-buy-for-december-tbt71754.html</a></p>

ChatGPT picks 5 cryptocurrencies to buy for December

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