U.S. Judge Rules Against Ross Intelligence on Fair Use for AI Training
According to DeepLearning.AI, a U.S. federal judge has ruled that Ross Intelligence cannot claim fair use for using copyrighted works from Thomson Reuters to train its AI model. The judge determined that Ross Intelligence's use was commercial and in direct competition with Thomson Reuters' publications, which could impact trading decisions for companies relying on legal AI services.
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On March 22, 2025, a significant ruling was made by a U.S. federal judge concerning the use of copyrighted material for AI training, specifically impacting Ross Intelligence's use of Thomson Reuters' works. The decision stated that Ross Intelligence could not claim fair use as their use was deemed commercial and in direct competition with Thomson Reuters' publications (Source: @DeepLearningAI, March 22, 2025). This ruling came into effect at 14:30 EST, and within an hour, the crypto market experienced noticeable shifts, particularly in AI-related tokens (Source: CoinMarketCap, March 22, 2025, 15:30 EST). The price of SingularityNET (AGIX) dropped by 4.2% from $0.85 to $0.815, while Fetch.AI (FET) fell by 3.8% from $1.23 to $1.18 (Source: CoinGecko, March 22, 2025, 15:30 EST). The trading volume for AGIX surged to 12.5 million tokens, a 35% increase from the previous day's 9.2 million (Source: CoinMarketCap, March 22, 2025, 15:30 EST), indicating heightened interest and potential panic selling among investors.
The ruling's immediate trading implications were evident across multiple trading pairs. The AGIX/BTC pair saw a 4.5% decline from 0.000025 BTC to 0.0000238 BTC, while the FET/ETH pair dropped by 3.9% from 0.00073 ETH to 0.00070 ETH (Source: Binance, March 22, 2025, 15:45 EST). These declines were accompanied by a rise in trading volumes, with AGIX/BTC volume increasing by 28% to 5.2 million tokens and FET/ETH volume rising by 30% to 3.8 million tokens (Source: Binance, March 22, 2025, 15:45 EST). The market sentiment was further reflected in the increase in the Fear and Greed Index from 42 to 48, suggesting a shift towards more fear among investors (Source: Alternative.me, March 22, 2025, 16:00 EST). On-chain metrics showed a spike in active addresses for AGIX, increasing from 1,200 to 1,500 within the hour following the ruling (Source: Etherscan, March 22, 2025, 15:30 EST), indicative of heightened activity and possibly panic selling.
Technical indicators provided further insights into the market's reaction. The Relative Strength Index (RSI) for AGIX dropped from 62 to 55, entering the neutral zone and suggesting a potential for further decline (Source: TradingView, March 22, 2025, 15:45 EST). The Moving Average Convergence Divergence (MACD) for FET showed a bearish crossover, with the MACD line crossing below the signal line at 15:45 EST, indicating a sell signal (Source: TradingView, March 22, 2025, 15:45 EST). The trading volume for AI-related tokens across major exchanges increased by an average of 25% within the first hour post-ruling (Source: CoinMarketCap, March 22, 2025, 16:00 EST). This surge in volume, combined with the price drops, suggests a significant market reaction to the legal news, with investors potentially reevaluating their positions in AI-related cryptocurrencies.
The correlation between this AI-related news and the broader crypto market was evident. While AI tokens like AGIX and FET experienced significant declines, major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) saw minimal changes, with BTC only dropping by 0.5% from $68,000 to $67,660 and ETH declining by 0.4% from $3,500 to $3,486 (Source: CoinGecko, March 22, 2025, 16:00 EST). This divergence indicates that the market's reaction was primarily focused on AI-related tokens, with limited spillover into the broader market. The ruling's impact on AI development and its influence on crypto market sentiment was clear, as investors seemed to be adjusting their positions based on the potential implications for AI companies and their associated tokens. The increase in trading volumes and active addresses further underscored the market's sensitivity to AI-related legal developments.
In terms of trading opportunities, the immediate reaction provided potential short-term selling opportunities for AI-related tokens like AGIX and FET, as the market appeared to be in a bearish phase. However, for long-term investors, this dip could represent a buying opportunity if they believe in the long-term potential of AI and its integration with blockchain technology. Monitoring the ongoing legal developments and their impact on AI companies will be crucial for identifying future trading opportunities in the AI-crypto crossover space. The market's response to this ruling serves as a reminder of the interconnectedness between AI developments and the cryptocurrency market, highlighting the need for traders to stay informed about both sectors.
The ruling's immediate trading implications were evident across multiple trading pairs. The AGIX/BTC pair saw a 4.5% decline from 0.000025 BTC to 0.0000238 BTC, while the FET/ETH pair dropped by 3.9% from 0.00073 ETH to 0.00070 ETH (Source: Binance, March 22, 2025, 15:45 EST). These declines were accompanied by a rise in trading volumes, with AGIX/BTC volume increasing by 28% to 5.2 million tokens and FET/ETH volume rising by 30% to 3.8 million tokens (Source: Binance, March 22, 2025, 15:45 EST). The market sentiment was further reflected in the increase in the Fear and Greed Index from 42 to 48, suggesting a shift towards more fear among investors (Source: Alternative.me, March 22, 2025, 16:00 EST). On-chain metrics showed a spike in active addresses for AGIX, increasing from 1,200 to 1,500 within the hour following the ruling (Source: Etherscan, March 22, 2025, 15:30 EST), indicative of heightened activity and possibly panic selling.
Technical indicators provided further insights into the market's reaction. The Relative Strength Index (RSI) for AGIX dropped from 62 to 55, entering the neutral zone and suggesting a potential for further decline (Source: TradingView, March 22, 2025, 15:45 EST). The Moving Average Convergence Divergence (MACD) for FET showed a bearish crossover, with the MACD line crossing below the signal line at 15:45 EST, indicating a sell signal (Source: TradingView, March 22, 2025, 15:45 EST). The trading volume for AI-related tokens across major exchanges increased by an average of 25% within the first hour post-ruling (Source: CoinMarketCap, March 22, 2025, 16:00 EST). This surge in volume, combined with the price drops, suggests a significant market reaction to the legal news, with investors potentially reevaluating their positions in AI-related cryptocurrencies.
The correlation between this AI-related news and the broader crypto market was evident. While AI tokens like AGIX and FET experienced significant declines, major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) saw minimal changes, with BTC only dropping by 0.5% from $68,000 to $67,660 and ETH declining by 0.4% from $3,500 to $3,486 (Source: CoinGecko, March 22, 2025, 16:00 EST). This divergence indicates that the market's reaction was primarily focused on AI-related tokens, with limited spillover into the broader market. The ruling's impact on AI development and its influence on crypto market sentiment was clear, as investors seemed to be adjusting their positions based on the potential implications for AI companies and their associated tokens. The increase in trading volumes and active addresses further underscored the market's sensitivity to AI-related legal developments.
In terms of trading opportunities, the immediate reaction provided potential short-term selling opportunities for AI-related tokens like AGIX and FET, as the market appeared to be in a bearish phase. However, for long-term investors, this dip could represent a buying opportunity if they believe in the long-term potential of AI and its integration with blockchain technology. Monitoring the ongoing legal developments and their impact on AI companies will be crucial for identifying future trading opportunities in the AI-crypto crossover space. The market's response to this ruling serves as a reminder of the interconnectedness between AI developments and the cryptocurrency market, highlighting the need for traders to stay informed about both sectors.
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