📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
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💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
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1️⃣ Publish an
Bitcoin Hits Record High As Wild Satoshi Nakamoto Theory Emerges
HomeNews* Bitcoin reached a new all-time high, nearing $119,000, pushing the total crypto market value towards $4 trillion.
Coinbase, which is now valued at about $100 billion, has launched a new partnership with AI search company Perplexity AI. The goal is to offer users in Perplexity’s Comet browser real-time market analysis, powered by Coinbase data. Future enhancements will allow user queries within Perplexity to directly use Coinbase market information.
The wave of interest in AI since the launch of OpenAI’s ChatGPT in late 2022 has prompted many in the crypto sector to merge blockchain technology with artificial intelligence solutions. Recently, Coinbase’s new collaboration follows a similar move by crypto-powered platform Polymarket, which teamed up with Elon Musk’s xAI group.
Meanwhile, despite warnings from analysts at H.C. Wainwright, who downgraded Coinbase stock due to concerns that its value has risen too quickly, the stock price continued to increase. Analyst Mike Colonnese explained, “While we continue to view Coinbase as a ‘Best of Breed’ crypto exchange and remain positive on the sector, we believe valuation has outstripped near-term fundamentals following the stock’s ~150% rally since its April lows, which we view as overdone.”
In recent weeks, several unpredictable stories—such as a large bitcoin transaction fueling rumors about the identity of Satoshi Nakamoto—have stirred debate in online communities. Still, overall sentiment and projections for the crypto sector appear highly positive.