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🤖 GPT

Report Summarizer

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🔥 Introducing the Report Summarizer prompt! 🌟 Ideal for professionals handling vast amounts of information. ✅ Fully customizable: Input any report and summarize it in seconds. ✅ Good for using with GPT, and all third-party tools like Jasper.ai and Copy.ai 💪 Extract essential insights effortlessly with expertly generated report summaries tailored to your needs!
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9 months ago

Prompt Details

Model
Chat - GPT-4 (gpt-4)
Token size
111 ($0.00330 / call)
Example input
[report topic] - "Cryptocurrency market" [report] - "Report Overview The global cryptocurrency market size was valued at USD 4.67 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030. The global cryptocurrency market cap was valued at over USD 800 billion in 2022. Cryptocurrency, also known as virtual currency, exists digitally and has no regulatory authority. Cryptocurrency uses distributed ledger technology such as blockchain to validate transactions. The increasing adoption of distributed ledger technology is anticipated to propel the cryptocurrency market growth during the forecast period. Moreover, increasing usage of cryptocurrencies for cross-border remittances is expected to fuel market expansion due to the reduction in consumer fees and exchange charges. Recent developments in Artificial Intelligence (AI) are expected to have a huge impact on the cryptocurrency market. The rising popularity of AI-based cryptocurrency platforms has inspired several businesses to focus on the development of AI technology. For instance, in August 2021, researchers at Los Alamos National Laboratory developed an artificial intelligence program to identify unlawful cryptocurrency miners who use research computers for cryptocurrency mining. Moreover, the rise of cryptocurrency as a decentralized asset class has attracted investments by private venture companies in the market. For instance, the U.S. cryptocurrency market witnessed investments worth USD 6.1 billion in 2021 across 106 deals. The growth is further supported by the increased demand for cryptocurrency as an alternative form of tender across emerging economies, such as Iran, Argentina, and Zimbabwe, plagued with devalued currencies. One of the key elements influencing the growth of digital currency is the growing number of businesses that now accept cryptocurrency as an official payment method. Additionally, the adoption of digital currency by major corporations such as Tesla Inc. and MasterCard Inc. is anticipated to boost industry expansion. For instance, in November 2021, MasterCard Inc., a financial services company, allowed its network partners to enable their customers to purchase, trade, and hold digital currency using a digital wallet. Moreover, the business offered digital currency as a reward for the clients who participated in loyalty programs. Government bodies across the globe are focusing on devising laws to regulate cryptocurrencies European Union developed the Markets in Crypto Assets (MiCA) law to create a legal framework designed for the market of crypto assets. Additionally, in February 2022, the Indian government made its move towards making cryptocurrency legal by announcing a 30.0% tax on any income generated by the transfer of digital currencies. Cryptocurrencies such as Bitcoin have been gaining traction in high inflation countries, including Argentina, Zimbabwe, and Brazil, as their local currency devalues. Even though bitcoin is cutting-edge financial technology, its growth is expected to be constrained by the lack of regulations and a unified standard for exchanging digital currency. Regulators from all over the world are worried about the use of cryptocurrencies for unlawful purposes, which is a significant barrier to the market's expansion. However, law enforcement agencies are making efforts to seize illegally acquired cryptocurrency which bodes well for the market growth. For instance, in November 2021, IRS Criminal Investigation seized approximately USD 3.5 billion worth of cryptocurrency."
Example output
Cryptocurrency Market Summary 2022-2030 Key Findings: 1. The cryptocurrency market was valued at USD 4.67 billion in 2022 and boasts a market cap of over USD 800 billion in the same year. 2. The market is projected to grow at a CAGR of 12.5% from 2023 to 2030. 3. Cryptocurrencies operate as digital or virtual currencies without a central regulatory authority, utilizing distributed ledger technologies like blockchain. 4. Rising popularity in AI-based cryptocurrency platforms; for instance, Los Alamos National Laboratory's AI program in 2021 identified illicit cryptocurrency miners. 5. The U.S. cryptocurrency market saw investments amounting to USD 6.1 billion across 106 deals in 2021. 6. Emerging economies such as Iran, Argentina, and Zimbabwe are increasingly looking to cryptocurrencies as a solution to devalued local currencies. Insights: 1. Cryptocurrency adoption is on the rise due to its benefits in cross-border remittances, characterized by reduced fees and exchange costs. 2. The surge in businesses accepting cryptocurrencies and the inclusion of digital currencies by corporations like Tesla Inc. and MasterCard Inc. signals increasing acceptance in mainstream commerce. Notably, MasterCard introduced features in November 2021 that enable crypto trading and rewards through digital wallets. 3. Regulatory movements are underway globally. The European Union introduced the Markets in Crypto Assets (MiCA) law for a structured crypto framework. In February 2022, India announced a 30.0% tax on digital currency income. Challenges and Recommendations: 1. Lack of consistent regulations and standards is a significant constraint on the cryptocurrency market's growth. Regulators globally express concerns over the potential misuse of cryptocurrencies for illicit activities. 2. Encouragingly, efforts to seize unlawfully acquired cryptocurrency are gaining momentum, evidenced by the IRS's seizure of USD 3.5 billion worth of cryptocurrency in November 2021. 3. Stakeholders should collaborate to establish a unified global standard for cryptocurrency exchanges, alongside increased vigilance against unlawful activities. Robust regulations will build trust, ensuring sustainable market growth. In conclusion, the cryptocurrency market is poised for growth, driven by technological advancements and increased global acceptance. However, the development of comprehensive regulatory frameworks remains critical to ensuring stability and long-term success.
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