Coingape
1,846 FOLLOWERS
CoinGape is the homepage for World's Blockchain Leaders. Features an exhaustive coverage of blockchain trends, cryptocurrency price analysis, exclusive crypto project reviews, interviews with industry experts, and a dedicated editorial section where we cover stories that help understand the impact of cryptocurrencies in various communities.
Coingape
2d ago
As the Bitcoin price continues to walk through a bumpy road ahead of the much-anticipated BTC Halving event, recent movements in the market have left analysts and investors on edge. Notably, amid the uncertainties, a staggering $1 billion worth of Bitcoin dumped to Binance by an anonymous whale has added fuel to the fire, intensifying speculations about the cryptocurrency’s immediate future.
Whale Dumps $1B BTC Sparking Speculations
In a surprising turn of events, a significant Bitcoin whale has initiated a massive sell-off ahead of the Halving event. The on-chain transaction tracking platfor ..read more
Coingape
2d ago
Ernst & Young (EY), one of the leading global accounting firms, has announced a major step forward in enterprise contract management by leveraging blockchain technology. The company has introduced OpsChain Contract Manager, a solution that uses public blockchain technology to securely store and manage a company’s contracts. This project signifies an important stage of EY’s strategy to include more sophisticated technology in its services, which will improve transparency and efficiency.
Primarily, the OpsChain Contract Manager runs on the Polygon proof-of-stake (PoS) network but is markete ..read more
Coingape
2d ago
BlackRock is looking to expand significantly in Saudi Arabia. This move follows the successful launch of the company’s Bitcoin ETF. BlackRock, as the world’s largest asset manager, is capitalizing on some of its recent successes to boost its presence in the Middle East’s financial markets.
BlackRock CEO Larry Fink frequently visits Riyadh and continues to have personal meetings with Crown Prince Mohammed bin Salman. This relationship highlights the strategic value BlackRock gives to the Saudi market. A key milestone was when the company became the first major global investment manager to set ..read more
Coingape
2d ago
BytePlus, a unit of TikTok owner ByteDance is going to partner with Mysten Labs to integrate AI algorithms in the Sui Blockchain. The firm’s venture into Web3 and AI comes at a time when the industry has been gaining traction from both consumers and users.
BytePlus Strikes Deal With Mysten
The Sui layer-1 blockchain’s creators, Mysten Labs, have formed a strategic alliance with BytePlus, the enterprise technology division of ByteDance, the company that owns TikTok, to expand into the Web3 space.
In partnership with Mysten Labs, BytePlus will investigate data warehousing, content development ..read more
Coingape
2d ago
The upcoming Bitcoin halving has sparked a lot of speculations on the direction of assets in the near term with users looking to spot signs of a crypto market crash. In recent weeks massive liquidations have been recorded in the crypto market caused by macroeconomic factors.
The price of Bitcoin (BTC) stands at $61,255 while other crypto assets witness sell-offs days before the halving. The halving event is perceived as ushering in bullish momentum. However, some analysts say this year might be slower due to present factors.
If the crypto markets go on an uphill run before a beari ..read more
Coingape
2d ago
Gold prices increased exponentially in the last three months, reaching a new all-time high of $2,431 on April 15. However, the remarkable rise in Bitcoin price came to a sudden halt last weekend, with the largest digital asset plummeting to lows at $60,000 on most exchanges. Despite the drop in the value of BTC, which has triggered a widespread sell-off in the crypto market, Bitcoin halving is fast approaching, likely to occur on April 20.
The world’s most expensive precious metal’s steady rise underscores the growing geopolitical tensions in Europe due to the Russia-Ukraine war and the West ..read more
Coingape
2d ago
Free speech advocate and Tesla owner Elon Musk has indirectly taken a jab at OpenAI’s ChatGPT and Google’s Gemini for being platforms that “could end civilization.”
“Truth is Subjective” A Concept Threatening Civilization
The conversation started with a TED talk by NPR CEO and president Katherine Maher, who explained to her audience how the truth is subjective.
She went on about how the truth could mean different things to different people at the same time. In response to this talk, 59-year-old Canadian Professor Gaad Saad pointed out that the phrase “truth is subjective” appears to be ..read more
Coingape
2d ago
Dogecoin Price: Amid the pre-halving correction in the crypto market, the Bitcoin price plunged to a low of $59672 on Wednesday registering a loss of 4.5%. This steady supply pressure prolongs the correction trend for the majority of major altcoins including Dogecoin. With an intraday loss of 5%, the largest meme cryptocurrency by market cap loses the 50% retracement support, indicating the potential for prolonged downfall.
Also Read: Why Investors Are Dogging Dogecoin (DOGE) and Combating 10.7% Drop with New A.I Cryptocurrency Presale Token
Will Dogecoin Price Lose $0.14 Amid Market Correcti ..read more
Coingape
2d ago
Jamie Dimon, CEO of JPMorgan Chase & Co., has stressed that the bank is intensively investing in Artificial Intelligence (AI) implementation in all banking operations. In a new season of the Bloomberg Originals series “The Circuit,” Dimon said that AI is a transformative technology in banking, like the steam engine and the Internet. He looks forward to major AI developments that will enable him to expand into such areas as trading, equity hedging, and customer service.
During the interview with Emily Chang, Dimon disclosed the formation of “ChatJPM,” a forthcoming AI-powered chatbot. This ..read more
Coingape
2d ago
With the ongoing tussle of the Coinbase VS SEC case, John Deaton has vouched for filing an Amicus Brief for Coinbase customers who have been wronged in the case. Deaton, who is running the senate race against Elizabeth Warren, is garnering huge attention from the crypto community. Being a pro-XRP advocate, Deaton has a certain sense of being in favor of crypto voters, who are looking for a higher sense of crypto literacy among politicians.
John Deaton To Support Coinbase Customers
In an interview with Fox journalist Eleanor Terrett, John Deaton said that when it comes to the Coinbase VS SEC c ..read more