Gekocrypto Global News

Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B Crypto projects lose $278 million to July hacks, second-highest in 2024 Slain UnitedHealthcare CEO Brian Thompson’s tenure was marked by rocketing profits—and accusations of insider trading and coverage denial Solana DEX Trading Volume Hits Historic Highs, Outpacing Competitors In Net Flows SEBI proposes revised settlement rules for inactive trading accounts Bitcoin LTHs Hit 5-Month High in Selling, but BTC’s Rally Stays Strong From pet passports to property rentals: Block Dojo PH Cohort 2 explores blockchain’s real-world impact Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? What’s next for Bitcoin price now that German gov't BTC balance hits zero? Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain Over $3.5 Billion In Token Unlocks Scheduled For July Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions

You are here: Home / News / Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? Bitcoin dominance drops 10%, signaling a shift toward altcoins as they gain momentum and market share in the coming weeks. As Bitcoin’s dominance weakens, altcoins are surging, presenting new opportunities for investors looking to diversify. With BTC dominance declining, altcoins are rising rapidly, marking a shift in market focus towards alternative cryptocurrencies. Egrag Crypto presented the Bitcoin Dominance Index demonstrating the trends and tendencies that indicate the increase of the altcoins’ dominance. As pointed out by the analyst in the recent X...

03.12.2024

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

The crypto market is a rollercoaster, and no one knows this better than the hackers who thrive on its volatility. On August 5th, as Ethereum (ETH) took a dramatic plunge, a select group of cybercriminals saw a golden opportunity. With ETH prices plummeting over 20%, these criminals poured millions in stolen crypto into the market. Here’s more on this. Return of the Pancake Bunny Hackers Blockchain security firm PeckShield revealed a shocker. The hackers from the 2021 Pancake Bunny hack are back. They bought 2.922K ETH with a huge 7.8M DAI. These guys stole $46 million back in 2021, crashing...

05.08.2024

Bitcoin LTHs Hit 5-Month High in Selling, but BTC’s Rally Stays Strong

Bitcoin is on the verge of reaching a historic milestone, with its price inching closer to the coveted $100,000 mark. This remarkable rally has fueled optimism among investors, signaling Bitcoin’s continued dominance in the cryptocurrency market. However, despite the bullish outlook, Bitcoin is not entirely immune to potential bearish pressure. The backbone of Bitcoin’s price stability — long-term holders (LTHs) — appears to be wavering, raising concerns over possible downward movements in the near term. Bitcoin’s Support Is Wavering Long-term holders of Bitcoin have recently shown signs of bearish sentiment. The HODLer net position change indicator, which tracks the behavior...

30.11.2024

All News

Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B

Michael Saylor personally holds $1 billion in Bitcoin, owning 17,732 BTC. MicroStrategy holds 226,500 BTC, valued at over $12 billion, with a $37,000 average cost. Saylor views Bitcoin as a superior, secure asset and advocates continuous investment. In a recent interview on Bloomberg Television, Michael Saylor, the Chairman of MicroStrategy, revealed he holds Bitcoin worth approximately $1 billion. This makes him one of the most prominent BTC holders in the world, joining the ranks of figures such as Binance Founder Changpeng Zhao, the Winklevoss Twins, and Satoshi Nakamoto. Michael Saylor has not sold any of his BTC holdings Saylor’s endorsement...

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...

Slain UnitedHealthcare CEO Brian Thompson’s tenure was marked by rocketing profits—and accusations of insider trading and coverage denial

As large companies grapple with fears about safety in the aftermath of the killing of UnitedHealthcare CEO Brian Thompson Wednesday morning in Manhattan, recent investigations have indicated that UnitedHealthcare may have made its coverage policies and procedures more stringent during Thompson’s tenure. Observers have speculated as to whether the insurer’s policies may have been a motive in the tragic death of the Minnesota father of two boys. UnitedHealthcare, which insures more than 29 million Americans, and its parent company UnitedHealth Group, are no strangers to scrutiny. A ProPublica investigation published last month found UnitedHealthcare effectively culled or limited some therapy...

Solana DEX Trading Volume Hits Historic Highs, Outpacing Competitors In Net Flows

Solana’s decentralized exchanges (DEXs) are making waves, recording unprecedented daily trading volumes. According to DeFiLlama, Solana DEXs surpassed $5 billion in daily trading volume for three consecutive days, marking a historic first. For the week of November 10-16, these platforms achieved a staggering total trading volume of $15.898 billion. Raydium, a leading Solana-based DEX, has been a key driver of this surge, accounting for approximately 60% of the network’s trading activity. Impressively, Raydium is rapidly closing the gap with Uniswap in weekly spot trading volume. Raydium reported $20 billion in spot volume compared to Uniswap’s $26 billion, highlighting Solana’s growing...

SEBI proposes revised settlement rules for inactive trading accounts

Home Market News SEBI proposes revised settlement rules for inactive trading accounts In a consultation paper, SEBI proposed that instead of daily monitoring, funds of clients inactive for 30 calendar days should be settled during the monthly running account settlement cycle. By Sheersh Kapoor December 5, 2024, 5:32:50 PM IST (Published) The Securities and Exchange Board of India (SEBI) has proposed a revised settlement framework for inactive trading accounts, aimed at enhancing operational efficiency while safeguarding investors’ interests. Currently, stock brokers must return funds to clients who have not traded in the last 30 days within three working days. This...

Bitcoin LTHs Hit 5-Month High in Selling, but BTC’s Rally Stays Strong

From pet passports to property rentals: Block Dojo PH Cohort 2 explores blockchain’s real-world impact

Can we really use blockchain in real-world applications? Block Dojo Philippines’ cohort 2 examines this question in real estate, education, and pet registry areas. width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"> In May, Block Dojo Philippines hosted it’s second bootcamp in Bataan, where six founders who have been looking for ways to integrate blockchain in their startups were present. Among them were Pierre Legislador, founder of Upraised (formerly Housewell); Gino Sampedro, founder of CertifyEd; and John Dometita, founder of Petopass. Petopass secures your pet’s safety with pet passports For all pet lovers, your furbaby has always been an important part of your life....

Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

What’s next for Bitcoin price now that German gov't BTC balance hits zero?

The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price. 15912 Total views 17 Total shares Own this piece of crypto history Collect this article as NFT On July 12, the X social network was aflame with multiple on-chain data outlets and independent analysts announcing that the German government’s Bitcoin wallets now have a zero balance. A portion of this group is suggesting that Bitcoin (BTC) price will go on an upward tear now that this assumed sell-pressure has been removed from the market. ...

Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official ambassador, alongside British pro-Patrick Leonard . In an X post , Mario Mosböck stated the pair’s ‘ mission is to guide the new leadership group to build the world’s best online poker site .’ Users can...

Over $3.5 Billion In Token Unlocks Scheduled For July

July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token unlock this month will be $WLD, with a staggering $600 million worth of tokens being released. This accounts for 53.36% of its current circulating supply, making it the most substantial individual token unlock in July. $SOL is also seeing a notable unlock, with approximately $400 million worth of tokens being...

Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions

With a huge sell-off of Bitcoin, the Germany has fundamentally changed the bitcoin scene. Germany has recently offloaded an astounding 49,850 BTC within a few weeks. Executed across many exchanges including Coinbase, Kraken, and Bitstamp, the transactions helped to reduce possible value loss. Apparently, the German government started these sales because of worries about a notable drop in the value of Bitcoin. With the average price for a Bitcoin about $57,000, the total earnings came to a little over $2.8 billion. Fascinatingly, Germany lost out on an extra $400 million in possible gains while Bitcoin is presently valued at $66,425....

FSOC urges Congress to pass stablecoin legislation to stabilize global finance

Key Takeaways: FSOC Flags Stablecoins as “Potential Risk” to Financial Stability. High market concentration and lack of appropriate regulatory frameworks are critical challenges. Urges comprehensive federal regulation of stablecoins due to their systemic risks. Stablecoin Market is Highly Concentrated In recent years, the U.S. Financial Stability Oversight Council (FSOC) has identified that the market for stablecoins is concentrated, with a single company holding about 70 percent of the sector’s total market value. Tether holds about 70% of the stablecoin’s market value Stablecoins play an indispensable role in the provision of liquidity both in the cryptocurrency market and DeFi protocols. In...

Bitcoin ETF creates records, from Hong Kong to Australia, as BTC rises 4%

Journalist Hong Kong Bitcoin ETF reserves touched 4,941 BTC, worth over $310 million. BTC was up by 4% in the last 24 hours, but a few metrics were bearish. Bitcoin [BTC] ETFs have remained a hot topic of discussion in the crypto space since their approval in January 2024. While the United States dominated the ETF sector at a global level, new players have now started to enter. For example, Australia and Hong Kong ETFs recently set records. Bitcoin ETF: Australia, Hong Kong lead the way To begin with, Hong Kong’s Bitcoin ETFs have witnessed a substantial increase in flows...

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...

Ethereum ETF: Exploring New Opportunities Amidst Price Surge in the Cryptocurrency Market

The recent price surge of Ethereum, coupled with the potential approval of Ethereum Exchange-Traded Funds, offers renewed optimism and investment opportunities in the cryptocurrency market. Market Volatility and Investor Uncertainty in Cryptocurrencies The cryptocurrency market has long been characterized by high volatility, leaving investors grappling with uncertainty. Amidst this environment, Ethereum, the second-largest cryptocurrency by market capitalization, has been trading within a limited range, raising questions about its growth potential. However, recent developments, particularly surrounding the Ethereum Exchange-Traded Fund (ETF), may offer new avenues for investment. Ethereum’s Price Surge and ETF Impact Recently, Ethereum witnessed a notable price surge of...

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

UK Financial Regulator Labeled “Incompetent”

By Mark Hunter 1 week agoWed Nov 27 2024 09:36:48 Reading Time: 2 minutes A parliamentary report has criticized the Financial Conduct Authority (FCA) for significant regulatory failures The FCA’s approach to cryptocurrency regulation has been described as overly stringent, potentially stifling innovation Calls for comprehensive reforms have been made to enhance the FCA’s effectiveness and accountability The UK’s financial regulatory watchdog, the Financial Conduct Authority (FCA), has been ctriticized as “incompetent at best, dishonest at worst” by the All-Party Parliamentary Group (APPG) on Investment Fraud and Fairer Financial Services. The report has highlighted substantial deficiencies in the FCA’s regulatory...

Tether’s Powerful Ally: Cantor Fitzgerald’s 5% Stake Revealed as Lutnick Prepares for Commerce Secretary Role

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration’s economic agenda. He was also part of Trump’s transition team and is well-known for leading Cantor Fitzgerald, a company he steered through the aftermath of the 9/11 attacks. Now, in a major development and as reported by WSJ, Cantor Fitzgerald, under Lutnick’s leadership, has acquired a 5% stake in Tether, the world’s largest stablecoin issuer, valued at approximately $600 million....

Best New Meme Coin Presales to Join Today: BTFD Coin (7th Stage), Notcoin, and Moo Deng – Backed by Strong Community Support and Innovation

Meme coins are the life of the party in the crypto world. They’re bold, fun, and can offer substantial rewards for savvy investors who get in early. Presales are where the magic happens, giving you a front-row seat to the action before the coins hit the broader market. Today’s top contenders include BTFD Coin, Notcoin, and Moo Deng. These three projects combine humour, innovation, and real financial potential, making them the best new meme coin presales to join today. Whether you’re after short-term profits or looking to back a community-driven venture, these coins have you covered. Let’s dive into what...

U.S. Charges Three in Connection With Evolved Apes NFT Scam

The U.S. has charged three individuals in connection with the Evolved Apes NFT scam from 2021. The NFT project promised a video game, but its website vanished shortly after it finished its fundraise. The United States Attorney's Office for the Southern District of New York announced today that it has charged three in connection with a non-fungible (NFT) token rugpull from 2021 known as Evolved Apes . Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan are charged with wire fraud and money laundering, according to a release from the SDNY's office. Evolved Apes was a collection of 10,000 unique NFTs,...

Chainlink’s adoption surge: Exploring the impact on LINK

contributor Chainlink adoption update has made 10 integrations of 4 services across multiple chains. LINK low number of total holders to surge soon as tokenization gains traction. This week, Chainlink [LINK] integrated four of its services across 12 blockchain networks, including Ethereum, Polygon, Linea Build, BNB smart chain, Optimism and Avalanche among others. New partnerships were formed with platforms like MaviaGame, Metis, Beefy Finance, Cryptex Finance and Goldlink Finance. These developments as per Chainlink’s post on X showcase significant progress in expansion in the fintech industry. As these integrations take effect, they are expected to boost Chainlink’s influence and contribute...

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Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

Bitcoin LTHs Hit 5-Month High in Selling, but BTC’s Rally Stays Strong

All News

Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B

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

Slain UnitedHealthcare CEO Brian Thompson’s tenure was marked by rocketing profits—and accusations of insider trading and coverage denial

Solana DEX Trading Volume Hits Historic Highs, Outpacing Competitors In Net Flows

SEBI proposes revised settlement rules for inactive trading accounts

Bitcoin LTHs Hit 5-Month High in Selling, but BTC’s Rally Stays Strong

From pet passports to property rentals: Block Dojo PH Cohort 2 explores blockchain’s real-world impact

Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

What’s next for Bitcoin price now that German gov&#039;t BTC balance hits zero?

Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

Over $3.5 Billion In Token Unlocks Scheduled For July

Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions

FSOC urges Congress to pass stablecoin legislation to stabilize global finance

Bitcoin ETF creates records, from Hong Kong to Australia, as BTC rises 4%

TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard

Ethereum ETF: Exploring New Opportunities Amidst Price Surge in the Cryptocurrency Market

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

UK Financial Regulator Labeled “Incompetent”

Tether’s Powerful Ally: Cantor Fitzgerald’s 5% Stake Revealed as Lutnick Prepares for Commerce Secretary Role

Best New Meme Coin Presales to Join Today: BTFD Coin (7th Stage), Notcoin, and Moo Deng – Backed by Strong Community Support and Innovation

U.S. Charges Three in Connection With Evolved Apes NFT Scam

Chainlink’s adoption surge: Exploring the impact on LINK

What’s next for Bitcoin price now that German gov't BTC balance hits zero?