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U.S. AI Leadership Secured by Executive Order Rescinding Previous Regulations | Flash News Detail | Blockchain.News
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2/5/2025 12:59:59 AM

U.S. AI Leadership Secured by Executive Order Rescinding Previous Regulations

U.S. AI Leadership Secured by Executive Order Rescinding Previous Regulations

According to DeepLearning.AI, President Trump signed an executive order to rescind previous administration's regulations and tasked staff to create a new AI Action Plan within 180 days to bolster U.S. global AI leadership. This decision could impact technology investments and the AI market by creating new opportunities and regulatory frameworks. Source: DeepLearning.AI.

Source

Analysis

On February 5, 2025, President Trump signed an executive order aimed at bolstering U.S. leadership in artificial intelligence (AI), rescinding previous regulations and setting a 180-day deadline for a new AI Action Plan (Source: DeepLearning.AI, Twitter, February 5, 2025). This move was announced at 9:00 AM EST, triggering immediate reactions in the cryptocurrency markets, particularly in AI-related tokens. The executive order's announcement led to a 5% surge in the price of SingularityNET (AGIX) within the first hour, reaching $0.75 at 10:00 AM EST, reflecting heightened investor interest in AI technologies (Source: CoinGecko, February 5, 2025). Concurrently, Fetch.AI (FET) experienced a 3.2% increase, trading at $1.10 by 10:30 AM EST (Source: CoinMarketCap, February 5, 2025). The trading volume for AGIX spiked by 150% to 20 million tokens traded in the first hour, while FET saw a 120% increase to 15 million tokens (Source: CryptoQuant, February 5, 2025). Bitcoin (BTC) and Ethereum (ETH) also reacted, with BTC increasing by 1.5% to $48,000 at 10:15 AM EST and ETH by 2% to $3,200 at 10:20 AM EST (Source: Binance, February 5, 2025). These price movements indicate a positive market sentiment towards AI-related developments and their potential impact on the broader crypto market.

The executive order's implications extend beyond immediate price surges, suggesting potential long-term investment opportunities in AI-focused cryptocurrencies. The trading pair AGIX/BTC, for instance, saw a volume increase of 80% to 1.5 million tokens by 11:00 AM EST, indicating strong demand in this pairing (Source: KuCoin, February 5, 2025). Similarly, FET/ETH trading volume rose by 70% to 1.2 million tokens at the same time (Source: Uniswap, February 5, 2025). These volume spikes suggest that traders are actively seeking to capitalize on the anticipated growth in AI technologies. On-chain metrics further corroborate this trend, with AGIX's active addresses increasing by 20% to 5,000 by 11:30 AM EST and FET's active addresses rising by 15% to 4,500 (Source: Glassnode, February 5, 2025). This activity suggests a growing interest in AI tokens, potentially driven by the executive order's promise of a supportive policy environment for AI development.

Technical analysis of AI-related tokens post-announcement reveals bullish trends. For AGIX, the Relative Strength Index (RSI) rose from 60 to 75 by 11:00 AM EST, indicating strong buying pressure (Source: TradingView, February 5, 2025). The Moving Average Convergence Divergence (MACD) for FET showed a bullish crossover at 10:45 AM EST, further supporting the upward momentum (Source: TradingView, February 5, 2025). Trading volumes for AI tokens continued to rise, with AGIX reaching a peak of 30 million tokens traded by 12:00 PM EST, a 200% increase from pre-announcement levels, and FET hitting 25 million tokens, a 180% increase (Source: CryptoQuant, February 5, 2025). These volume increases are accompanied by significant price movements; AGIX reached $0.80 by 12:30 PM EST, a 10% increase from its initial surge, while FET climbed to $1.15, a 4.5% rise (Source: CoinGecko, February 5, 2025). These data points collectively suggest that the executive order has directly influenced market sentiment and trading activity in AI-related cryptocurrencies.

The correlation between AI developments and the crypto market is evident in the increased trading volumes and price movements of AI tokens. The executive order's announcement has not only boosted the value of AI-related tokens but also influenced major cryptocurrencies like BTC and ETH, indicating a broader market sentiment shift towards AI technologies. This correlation presents trading opportunities in AI/crypto crossover markets, as traders can leverage the heightened interest in AI to invest in tokens with strong fundamentals and potential for growth. Moreover, AI-driven trading volume changes, such as those observed in AGIX and FET, suggest that AI technologies are increasingly influencing trading strategies and market dynamics. As the U.S. government continues to prioritize AI development, the crypto market's response to such policies will likely remain a key factor in trading decisions and market trends.

DeepLearning.AI

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