A new digital commodity protocol based on Bitcoin, called the Runes Protocol, created by Casey Rodamor, is set to make waves in the cryptocurrency world. This innovation has generated great excitement among crypto enthusiasts. Yet, it’s important for potential investors to keep in mind the cautionary words of DeFi researcher and market expert DeFi Ignas. … Read more
Ernst & Young (EY), a renowned global accounting firm, has taken a significant stride in the field of enterprise contract management by adopting blockchain technology. They have launched OpsChain Contract Manager, a system that employs publicly accessible blockchain to safeguard and manage companies’ contracts securely. This move represents an essential milestone in EY’s plan to … Read more
The price of Dogecoin dropped by 5% on Wednesday as part of the ongoing correction in the crypto market following Bitcoin‘s decline to $59,672, representing a loss of 4.5%. This persistent supply pressure is causing major altcoins, including Dogecoin, to continue correcting. The loss of the 50% retracement support for Dogecoin suggests that a more … Read more
Jamie Dimon, the CEO of JPMorgan Chase & Co., has emphasized that his bank is heavily focusing on integrating Artificial Intelligence (AI) into all its banking activities. In a recent episode of Bloomberg Originals’ “The Circuit,” Dimon expressed that AI holds transformative potential for the banking industry, much like steam engines and the Internet did … Read more
Elon Musk, a prominent defender of free speech and Tesla’s CEO, has implied in a roundabout way that OpenAI’s ChatGPT and Google’s project Gemini might pose a threat to human civilization. “Truth is Subjective” A Concept Threatening Civilization The discussion began when NPR CEO and president Katherine Maher shared her perspective on TED Talk platform … Read more
According to a former SEC legal representative, Linda Stewart, there’s a strong possibility that the ongoing Ripple case may reach the United States Supreme Court for resolution, as it involves defining the borderline between a crypto asset and a securitized investment. (Fortune) At a recent discussion with legal experts on blockchain at Columbia Business School, … Read more
Based on technical analysis, Dogecoin (DOGE) could experience a price increase following its drop to a significant support point. Various upcoming positive events within the Dogecoin community indicate that now might be an opportune moment to consider investing in this cryptocurrency. Time To Go Long On Dogecoin? BitLuxe, a crypto analyst, shared on X (previously … Read more
In the past three months, gold prices have skyrocketed at an unprecedented rate, peaking at a record high of $2,431 on April 15. Conversely, Bitcoin‘s price surge came to a sudden end last weekend, causing a dramatic decline to around $60,000 across major cryptocurrency exchanges. Despite this drop in Bitcoin’s value and the subsequent panic … Read more
The approaching Bitcoin halving has led to much debate about the future of cryptocurrencies, as investors try to predict if a market crash is imminent based on current trends. In the past few weeks, significant sell-offs have occurred in the crypto market due to broader economic influences. Bitcoin’s price currently hovers at $61,255, while other … Read more
ByteDance’s subsidiary, BytePlus, will collaborate with Mysten Labs to incorporate artificial intelligence (AI) technologies into the Sui Blockchain. This move by ByteDance signifies their entry into Web3 and AI, as the industry experiences increasing popularity among consumers and users. BytePlus Strikes Deal With Mysten Mysten Labs, the innovators behind the Sui layer-1 blockchain, have entered … Read more