Gekocrypto Global News

Michael Saylor Reacts Bullishly To Tom Lee’s $100K BTC Remark! Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million! Discovering the Creator-Driven World of Nifty Island TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard S&P 500, Nasdaq Sink To Lowest Levels Since May As Crash Fears Linger Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift Crypto projects lose $278 million to July hacks, second-highest in 2024 Reports Say SEC May Intend to Back Down on Claiming SOL, ADA, MATIC are Securities South Korea imposes new supervisory fees on top exchanges Wintermute’s Major Deposits Impact PEPE And ARB Markets Binance Launches BFUSD Margin Coin Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA

By Mark Hunter 2 days agoMon Dec 02 2024 08:00:48 Reading Time: 2 minutes Former Libra head David Marcus has opened up on the experience Marcus quit in 2021 when the project was already on a path nowhere Marcus called the death of Libra “100% a political kill” The former head of Meta’s Libra cryptocurrency has opened up on the “kill job” that eventually saw the coin’s lofty ambitions end in an asset sale. David Marcus, who left the project in December 2021 , claimed that influential US politicians effectively killed the project, which he claimed would have changed the...

02.12.2024

Discovering the Creator-Driven World of Nifty Island

In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last episode’s livestreamed game showcased Spellborne’s side quests. After delving into Spellborne’s side quests, I also shared my personal insights and explored the game’s tokenomics. Want to know more? Check out this link. Regina’s Web3 Gaming Odyssey: Episode 8 After diving into a blockchain-based strategy game, it’s time to explore a new flavor of Web3 gaming to expand our horizons and unlock fresh experiences. Next Up: Nifty Island Nifty Island is...

06.10.2024

Cardano Founder Joins Peter Schiff: Shocking ETF Concerns

You are here: Home / News / Cardano Founder Joins Peter Schiff: Shocking ETF Concerns Cardano founder Charles Hoskinson has surprisingly backed Peter Schiff, a prominent financial commentator and outspoken Bitcoin critic, who has once again sparked controversy in the cryptocurrency community. This time, Schiff criticized Bitcoin exchange-traded funds (ETFs), arguing that they compromise Bitcoin’s fundamental principles. Schiff’s argument is rooted in the belief that Bitcoin ETFs dilute Bitcoin’s decentralized and peer-to-peer nature. He asserts that Bitcoin, when held through ETFs, is no longer truly decentralized. According to Schiff, ETFs expose Bitcoin to the risk of government seizure, making it...

09.08.2024

All News

Michael Saylor Reacts Bullishly To Tom Lee’s $100K BTC Remark!

The co-founder of the MicroStrategy, Michael Saylor, has recently shared a part from the recent appearance of Tom Lee on the CNBC Squawk Box show on his “X” handle. The Fundstrat’s co-founder notably made a bullish Bitcoin price prediction by expecting it to reach a “six-figure” level in 2024. Further, Tom Lee told the CNBC show hosts that Bitcoin is “potentially a Treasury Reserve asset” for the U.S. considering that if the adoption process is fastracked, it can potentially help the U.S. reduce the budget deficit. Michael Saylor reacted to that message of Lee by adding his point of view...

Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million!

Home / Crypto Live News / Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million! Crypto Live News Author: Elena R Elena R Author Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Aug 13, 2024 11:17 On 12th August, Fidelity’s “FETH” recorded the highest inflow of $4 Million, followed by Bitwise’s “ETHW” with $2.9 Million, and Franklin’s “EZET” with $1 Million. Notably, Grayscale’s “ETHE” has recorded a...

Discovering the Creator-Driven World of Nifty Island

TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard

The Ton Blockchain has exploded over the past few months, thanks to the team’s involvement in the trend of play-to-earn clicker games. The team, in collaboration with Tonkeeper, has developed a new Smart Wallet standard to improve several ecosystem features. Users can now send and receive USDT on the network without owning Notcoin, improving the onboarding process for new participants. The Wallet Standard will support improved security features such as 2FA and new password recovery mechanisms. The TON blockchain has witnessed an influx of people joining the ecosystem thanks to the network’s success in hosting several powerhouse GameFi titles. Apps...

S&P 500, Nasdaq Sink To Lowest Levels Since May As Crash Fears Linger

Topline Major U.S. stock indexes closed a volatile Monday trading session at their lowest prices in months, as markets globally exhibit fear. Monday was dreary for long stock investors. Getty Images Key Facts The bellwether S&P 500 and tech-concentrated Nasdaq Composite ended Monday at their lowest respective levels since early May, while the narrower, 30-company Dow Jones Industrial Average closed at its weakest price since mid-June. That comes after the indexes all tumbled: The S&P’s 3% decline made Monday its worst day since September 2022, the Nasdaq’s 3.4% fall was its biggest drop since July 24 and the Dow’s 2.6%...

Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift

Ethereum is currently at a pivotal point, with its key support level positioned around $2,700. The network is home to 11.11 million addresses holding a combined 59.07 million ETH. Data from @intotheblock indicates that approximately 3.69 million addresses each hold around 1.24 million ETH, with an average purchase price near $3,000. This price level represents immediate psychological support for Ethereum, though it remains weaker compared to the crucial $2,700 support zone. Within this broader support range, the 11.11 million addresses hold ETH at an average price of $2,647. In recent developments, Ethereum transaction fees have hit a nine-month low, with...

Crypto projects lose $278 million to July hacks, second-highest in 2024

Crypto projects lose $278 million to July hacks, second-highest in 2024 Oluwapelumi Adejumo · 2 weeks ago · 2 min read CertiK stated that $7.8 million of the stolen assets were recovered in July. 2 min read Updated: Aug. 1, 2024 at 11:05 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Crypto projects lost $278.8 million to exploits and hacks in July—the second-highest monthly loss this year—according to blockchain security firm CertiK. CertiK pointed out that the losses were primarily due to exit scams, flash loans, and other exploits. However, $7.8 million of...

Reports Say SEC May Intend to Back Down on Claiming SOL, ADA, MATIC are Securities

In a joint court filing with Binance, the SEC has sought leave to amend its complaint against the crypto exchange, removing the need for the court to rule on whether several leading crypto projects should be labelled securities. The response to the filing on X / Twitter has been mostly negative, with many highlighting the SEC’s inconsistency in applying its own regulations and failure to provide any regulatory clarity. Is that the distant sound of flip-flopping I hear? A court filing jointly submitted yesterday by the US Securities and Exchange Commission (SEC) and Binance, as part of their ongoing legal...

South Korea imposes new supervisory fees on top exchanges

South Korea’s financial services watchdog has slapped new supervisory fees on the country’s exchanges under a new digital asset framework. The Financial Services Commission (FSC) recently introduced the Virtual Asset User Protection Act, bringing virtual asset service providers (VASPs) under its supervisory purview. One key stipulation is that any business under the FSC’s jurisdiction must pay a supervisory fee if its annual revenue exceeds KRW3 billion ($2.2 million). According to local media outlets, the eligible exchanges will collectively pay around $120,000 to the watchdog. Upbit, which controls over 80% of the Korean market, will bear the biggest share at $103,000...

Wintermute’s Major Deposits Impact PEPE And ARB Markets

Wintermute has recently made significant moves in the cryptocurrency market, depositing a staggering 702.9 billion PEPE tokens, valued at approximately $6.59 million, to Binance. This substantial deposit coincided with a 3.4% drop in the price of PEPE, highlighting the market’s sensitivity to large-scale transactions. Meanwhile, the “Whale with a 100% Winning Rate in the Past Three Months” for PEPE, who has garnered significant attention, has remained inactive since adding positions on June 20. Despite not making any recent moves, this whale has experienced a floating loss of $2.41 million due to the continuous decline in PEPE’s price. The whale accumulated...

Binance Launches BFUSD Margin Coin

By Mark Hunter 1 week agoWed Nov 27 2024 07:47:06 Reading Time: 2 minutes Binance has introduced BFUSD, a reward-bearing margin asset for futures trading, offering an annual percentage yield of 19.55% The exchange has clarified that BFUSD is not a stablecoin, despite its “USD” suffix Users will be able to use BFUSD as collateral without staking or locking up funds, with daily airdrops based on hourly snapshots Binance has announced the launch of BFUSD, a reward-bearing margin asset designed for futures trading, promising an attractive annual percentage yield (APY) of 19.55%. The exchange has emphasized that BFUSD is not...

Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA

Technology evolving as rapidly and unpredictably as artificial intelligence is bound to raise questions of trust. As AI drives rapid transformation in all facets of business and society, many leaders seem uncertain about its implications, regarding it with a mix of awe and anxiety about what AI might help us do—and what it might do to us. But where some leaders feel trepidation, others feel optimism. With the right guardrails in place, AI can be a powerful tool in supporting humans’ efforts on urgent matters as varied as agriculture, urban planning, fighting human trafficking, and rooting out communication biases. Each...

CBN sets new guidelines for Interbank FX trading via EFEMS

The Central Bank of Nigeria (CBN) has introduced new guidelines for foreign exchange trading through its Electronic Foreign Exchange Matching System (EFEMS), effective November 25, 2024. Dr. Omolara Duke, Director of the Financial Markets Department, signed the directive to improve transparency, efficiency, and compliance in Nigeria’s foreign exchange market. Key highlights of the new guidelines include: Trading Requirements: The CBN now requires a minimum trade value of $100,000 for interbank foreign exchange transactions, with incremental trades of at least $50,000. This approach aims to standardize trade sizes and reduce financial risks. Platform and Timing: Bloomberg’s BMatch will serve as the...

What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000?

The crypto markets are becoming uncertain of the next price action as the top token, Bitcoin, has been shadowed under misty clouds. The bulls and bears exert equal pressure, causing the price to remain consolidated within a narrow range. With the price advancing towards the second half of the month, more bearish action is expected to occur, which could shake up the BTC price rally and the entire crypto market for a while. The BTC price has yet again refrained from rising above $60,000 which suggests a strong presence of bears at these levels. The token is experiencing enough pressure,...

Cardano Founder Joins Peter Schiff: Shocking ETF Concerns

Floki Listed! Insider Wallets Show the Next Memecoin Jackpot

You are here: Home / News / Altcoin News / Floki Listed! Insider Wallets Show the Next Memecoin Jackpot Tier-1 exchanges like Coinbase and Binance secretly accumulate memecoins before public listings. Recent Coinbase listings of PEPE, WIF, and FLOKI spark excitement. On-chain analysis reveals insider wallets profiting from memecoin surges. Crypto exchanges’ recent meme coins listings including Floki Inu without prior announcements have raised speculation of insider strategy. There’s no doubt that the meme coin market is in a frenzy as Tier-1 exchanges such as Coinbase and Binance introduce new tokens at rapid space. Market observers believe that these platforms...

David Marcus Opens Up On Libra “Kill Job”

Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish momentum, testing the resolve of bullish investors. Bitcoin The 1-hour chart reveals a pronounced bearish trend, with bitcoin’s price declining from $61,868 to approximately $57,681 since August 11. The significant volume during this downturn underscores the strength of the selling pressure. Currently, bitcoin is consolidating near the $59,000 level, suggesting a possible pause in the...

Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M

Home / Crypto Live News / Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M Crypto Live News Nov 22, 2024 21:14 UTC Less than a minute In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and now owns a total of approximately 33,875 BTC currently valued at $3.4B based on a spot...

DTX Exchange Becomes Center of Attention Amid Litecoin Dip and Injective Altaris Upgrade Hype

The cryptocurrency market has been buzzing with notable movements among top altcoins, notably Litecoin (LTC), Injective (INJ), and the viral DTX Exchange (DTX). As Litecoin (LTC) shows signs of a slump and Injective (INJ) gains market attention with its Altaris upgrade, DTX Exchange is smashing all presale records with its current rally, selling 1 million tokens in a day. Litecoin (LTC) Shows Signs Of Recovery In Late July Despite its recent 3% dip over the last 24 hours, Litecoin (LTC) has managed to maintain a relatively stable position throughout July. While modest, this dip highlights the cryptocurrency market’s ongoing fluctuation...

BlackRock, Fidelity Combined Hold Almost 2.5% of Total BTC Supply in Their ETFs

BlackRock’s IBIT and Fidelity’s FBTC funds combined account for 2.5% of the total Bitcoin supply, representing over US$30 billion. IBIT holds 347,766.96 BTC worth US$20.32 billion, doubling the BTC count of Fidelity’s FBTC. Institutional investors like governments, public and private companies, and funds now hold a substantial and increasing share in the global Bitcoin market. BlackRock’s iShares with its IBIT and Fidelity’s Wise Origin Bitcoin FBTC funds now account for a massive 2.5% of total Bitcoin. IBIT, which holds 347,766.9614 of BTC worth US$20.32 billion (AU$30.85 bn) doubles FBTC’s holdings. The Fidelity fund currently holds 176,950.95 BTC worth US$10.93 billion...

The '10 Americas': How geography, income, and ethnicity shape life expectancy in the U.S.

Silhouette of retired man looking through window with transparent curtain standing at home rear view. Image: Yaraslau Saulevich (Getty Images) The gap in life expectancy across the United States between people who live the longest and the shortest has widened dramatically over the past two decades, growing to 20 years in 2021, up from 12 in 2000, according to a new study published in scientific journal The Lancet ( RELX ). The analysis reveals stark differences in how long Americans live, shaped by income, race and ethnicity, and geographic location. These disparities divide the nation into what researchers describe as...

Popular

David Marcus Opens Up On Libra “Kill Job”

Discovering the Creator-Driven World of Nifty Island

Cardano Founder Joins Peter Schiff: Shocking ETF Concerns

All News

Michael Saylor Reacts Bullishly To Tom Lee’s $100K BTC Remark!

Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million!

Discovering the Creator-Driven World of Nifty Island

TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard

S&P 500, Nasdaq Sink To Lowest Levels Since May As Crash Fears Linger

Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift

Crypto projects lose $278 million to July hacks, second-highest in 2024

Reports Say SEC May Intend to Back Down on Claiming SOL, ADA, MATIC are Securities

South Korea imposes new supervisory fees on top exchanges

Wintermute’s Major Deposits Impact PEPE And ARB Markets

Binance Launches BFUSD Margin Coin

Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA

CBN sets new guidelines for Interbank FX trading via EFEMS

What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000?

Cardano Founder Joins Peter Schiff: Shocking ETF Concerns

Floki Listed! Insider Wallets Show the Next Memecoin Jackpot

David Marcus Opens Up On Libra “Kill Job”

Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M

DTX Exchange Becomes Center of Attention Amid Litecoin Dip and Injective Altaris Upgrade Hype

BlackRock, Fidelity Combined Hold Almost 2.5% of Total BTC Supply in Their ETFs

The '10 Americas': How geography, income, and ethnicity shape life expectancy in the U.S.