Godfrey Benjamin

Gold’s Disparity to Beat Bitcoin is Regaining Fuel – Bloomberg’s Mike McGlone | Coingape

Mike McGlone, Bloomberg Intelligence’s Senior Commodity Strategist claims that the recent trend in which the price of gold has been increasing relative to the price of Bitcoin is significant and could continue for some time. He stated that the Bitcoin rollover risks lean toward deflation. According to Bloomberg data, the price of gold was up The post Gold’s Disparity to Beat Bitcoin is Regaining Fuel – Bloomberg’s Mike McGlone appeared first on CoinGape.

Dormant Whale Address Suddenly Reawakens, Here are its First Buys | Coingape

The current events in the digital currency ecosystem has been forcing a number of market whales to break their dormancy in order to get in on the action. According to new on-chain insights from crypto analytics platform, Lookonchain, an address that has been dormant for about 12 months has suddenly reawakened. The first action carried The post Dormant Whale Address Suddenly Reawakens, Here are its First Buys appeared first on CoinGape.

Elon Musk’s Successor to Build Twitter 2.0, Will Dogecoin Gain Recognition? | Coingape

Twitter, the micro-messaging social media platform was set ablaze over the course of the past week as current Chief Executive Officer (CEO), Elon Musk hinted that he has found a new successor for the top job in the company. Shortly after the first hint, Elon Musk confirmed all rumors that Linda Yaccarino will be taking The post Elon Musk’s Successor to Build Twitter 2.0, Will Dogecoin Gain Recognition? appeared first on CoinGape.

Former Ripple Exec Says Ripple Could Burn its XRP Holdings, Here’s Why | Coingape

The Ripple Labs and XRP community have started debating more crucial events that may succeed the court ruling on the legal battle between the payments company and the US Securities and Exchange Commission (SEC). The conversation that ensued on crypto Twitter recently was focused on what will happen to the XRP currencies that are being The post Former Ripple Exec Says Ripple Could Burn its XRP Holdings, Here’s Why appeared first on CoinGape.

Protecting Bitcoin Mining, Self Custody is Paramount – Messari CEO | Coingape

Ryan Selkis, the Chief Executive Officer (CEO) of blockchain market intelligence provider Messari declared in his 11-thread tweet that self custody amongst other factors, is crucial to protecting Bitcoin (BTC) mining. To put it in perspective, Selkis stated that,  “Bitcoin is 50% of the non-stablecoin market. Protecting bitcoin mining, self-custody, development, and surrounding infrastructure is The post Protecting Bitcoin Mining, Self Custody is Paramount – Messari CEO appeared first on CoinGa

Ripple’s Payment Partner Trianglo Celebrates $1B ODL Volume | Coingape

Global cross-border payment processing hub Tranglo which doubles as Ripple’s payment partner hit a record of over $1 billion in On-Demand Liquidity (ODL) transactions for the first time since the launch of the service. According to a Tranglo tweet, the firm has “revitalised volume in key corridors, processing over USD1 billion in ODL transactions after The post Ripple’s Payment Partner Trianglo Celebrates $1B ODL Volume appeared first on CoinGape.

Ripple’s Payment Partner Trianglo Celebrates $1B ODL Volume | Coingape

Global cross-border payment processing hub Tranglo which doubles as Ripple’s payment partner hit a record of over $1 billion in On-Demand Liquidity (ODL) transactions for the first time since the launch of the service. According to a Tranglo tweet, the firm has “revitalised volume in key corridors, processing over USD1 billion in ODL transactions after The post Ripple’s Payment Partner Trianglo Celebrates $1B ODL Volume appeared first on CoinGape.

Former Celsius CEO Alex Mashinsky Wants $1B to Rebrand the Company – Report | Coingape

Alex Mashinsky, former CEO of the defunct crypto lender Celsius was hoping to get $1 billion to rebrand the firm. According to the story from persons familiar with the issue, Mashinsky intends to create a new project branded Celsius Web Service (CWS) with $1 billion. Notably, the new project which is aimed at focusing on The post Former Celsius CEO Alex Mashinsky Wants $1B to Rebrand the Company – Report appeared first on CoinGape.

Former Celsius CEO Alex Mashinsky Wants $1B to Rebrand the Company – Report | Coingape

Alex Mashinsky, former CEO of the defunct crypto lender Celsius was hoping to get $1 billion to rebrand the firm. According to the story from persons familiar with the issue, Mashinsky intends to create a new project branded Celsius Web Service (CWS) with $1 billion. Notably, the new project which is aimed at focusing on The post Former Celsius CEO Alex Mashinsky Wants $1B to Rebrand the Company – Report appeared first on CoinGape.

Optimism Mainnet to Host Worldcoin’s Flagship Applications

Layer 2 scaling solution, Optimism has announced the integration of World ID and World App, Worldcoin’s flagship products on its Mainnet. While giving the update, Optimism revealed on Twitter that the anticipated partnership has been in the making for over a year, adding that Worldcoin is a welcome complement to its efforts to develop a strong The post Optimism Mainnet to Host Worldcoin’s Flagship Applications appeared first on CoinGape.

Optimism Mainnet to Host Worldcoin’s Flagship Applications | Coingape

Layer 2 scaling solution, Optimism has announced the integration of World ID and World App, Worldcoin’s flagship products on its Mainnet. While giving the update, Optimism revealed on Twitter that the anticipated partnership has been in the making for over a year, adding that Worldcoin is a welcome complement to its efforts to develop a strong The post Optimism Mainnet to Host Worldcoin’s Flagship Applications appeared first on CoinGape.

Bankruptcy Judge Approves $300M Payment to BlockFi Customers-Report

Based on a May 11th ruling, BlockFi custody wallet users may receive up to $300 million as a refund. This ruling, according to a Coindesk report, comes after a bankruptcy judge clarified that assets in custodial wallets belong to customers and not the embattled cryptocurrency exchange. Specifically, under bankruptcy law funds which belong to customers The post Bankruptcy Judge Approves $300M Payment to BlockFi Customers-Report appeared first on CoinGape.

Justin Sun to Start Trading Memecoins

Justin Sun, the founder of the TRON blockchain network, recently announced that he would be venturing into the world of memecoin trading and promising projects via his public address.  In a Tweet, he stated that he has been studying memecoins for some time and believes that they have tremendous potential for growth. Justin also noted The post Justin Sun to Start Trading Memecoins appeared first on CoinGape.

Justin Sun to Start Trading Memecoins | Coingape

Justin Sun, the founder of the TRON blockchain network, recently announced that he would be venturing into the world of memecoin trading and promising projects via his public address.  In a Tweet, he stated that he has been studying memecoins for some time and believes that they have tremendous potential for growth. Justin also noted The post Justin Sun to Start Trading Memecoins appeared first on CoinGape.

PEPE Traders Shifting Focus to New Elon Musk-Linked Memecoin

PEPE investors have now begun to turn to a new meme coin that is rumored to be linked to Twitter Chief Executive Officer (CEO) Elon Musk. Blockchain analytic site Lookonchain confirmed the sudden shift of focus in a tweet this morning. The new token taking the attention of PEPE investors is called Milady Meme Coin The post PEPE Traders Shifting Focus to New Elon Musk-Linked Memecoin appeared first on CoinGape.

Democrats are Trying to Kill Crypto and Bitcoin, Tierion CEO Says

Wayne Vaughan, the CEO of Tierion has condemned the position of Democrats as it concerns the crypto ecosystem. A memo was recently sent to Democrat Committee Members informing them of what is expected of the United States House Committee on Financial Services regarding cryptocurrencies. This memo was circulated before the joint meeting between several relevant The post Democrats are Trying to Kill Crypto and Bitcoin, Tierion CEO Says appeared first on CoinGape.

U.S. Government Sold Off 9.8K BTC at $227M – Report

The United States government has just parted with 9800 Bitcoin (BTC) in a sale that raked in $277 million according to crypto insight provider WhaleWire. The sudden release of that quantity of BTC to the crypto space caused the value of the coin to begin its depreciation and is currently trading at $27,687.83 with a The post U.S. Government Sold Off 9.8K BTC at $227M – Report appeared first on CoinGape.

Crypto Market Dumps Over Rumors Of US Govt. Selling BTC

There are ongoing rumors that the United States government has just parted with 9800 Bitcoin (BTC) in a sale that reportedly raked in $277 million. The supposedly sudden release of that quantity of BTC in the crypto space caused the value of the coin to begin its depreciation and is currently trading at $27,687.83 down The post Crypto Market Dumps Over Rumors Of US Govt. Selling BTC appeared first on CoinGape.

Ethereum-Linked to Vitalik Buterin on the Move, is a Selloff Incoming?

Ethereum (ETH), the second-largest cryptocurrency by market capitalization has been the subject of much discussion lately due to its ongoing link to its creator, Vitalik Buterin. Buterin has been an important figure in the blockchain world since he co-founded ETH in 2014, and his influence over the direction of the project can not be understated. The post Ethereum-Linked to Vitalik Buterin on the Move, is a Selloff Incoming? appeared first on CoinGape.

Tether Q1 Profit Tops $1.5B as Market Recovers

Stablecoin issuer, Tether Holding Limited has reported an increase in its reserves, hitting an all-time high of $2.44 billion, an increase of $1.48 billion for the first quarter of 2023. This was likely due to the overall recovery of the crypto market during this time period, as many digital assets experienced a significant increase in The post Tether Q1 Profit Tops $1.5B as Market Recovers appeared first on CoinGape.