Gekocrypto Global News

Binance Unveils BFUSD: A High-Yield Asset For Futures Traders XRP Lawsuit News: Can Gensler’s Replacement Paul Atkins Dismiss Ripple Case? Wintermute: The Hidden Hand Behind the Memecoin Boom Solana on Fire: Major TWAP Alert Signals Bullish Surge OKX to Delist Some BTC, ETH, and XRP Trading Pairs Yen snaps five-day gain, weakens versus dollar in choppy trading 18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector ETFs Halted Excessive Price Drain: Will Ethereum (ETH) Bounce Back to $3000 This Week? Multisign Address And Whale Activity Impacting MKR And ENS Markets Nuant Introduces Comprehensive Digital Asset Management Platform XRP Price Rockets Past $2.50: Is More to Come? Optimism (OP) Faces Potential Decline To $1.80 — Analyst

You are here: Home / News / Altcoin News / Solana on Fire: Major TWAP Alert Signals Bullish Surge The Solana blockchain is witnessing heightened trading activity on major exchanges like Coinbase, Binance, Gate.io, and OKX. A deeper look into the trading patterns revealed that larger buyers are accumulating SOL, signaling a potentially bullish trend for the cryptocurrency. Coinact.gg, a platform that tracks real-time trading analysis, has spotted an alert for Solana called Major TWAP [Time-Weighted Average Price]. Major TWAP Detection alert on SOL. Larger buyers are accumulating SOL. Trading patterns have emerged across Coinbase, Binance, Gate_io, and okx. SOL...

10.07.2024

18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector

You are here: Home / News / 18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector Key Insights: Eighteen states challenge SEC’s authority over crypto, spotlighting a clash between federal and state regulatory roles. Led by Kentucky, the lawsuit advocates for state-driven crypto regulation, emphasizing innovation and tailored governance. The case could reshape U.S. crypto regulations, aligning with Trump’s vision to make America a global crypto leader. On Thursday, 18 U.S. states filed a lawsuit against Securities and Exchange Commission (SEC) Chair, Gary Gensler. In the legal suit the 18 states accuse Gensler of...

15.11.2024

Wintermute: The Hidden Hand Behind the Memecoin Boom

You are here: Home / News / Altcoin News / Wintermute: The Hidden Hand Behind the Memecoin Boom Wintermute is actively expanding its presence in the memecoin market, particularly focusing on high-value projects like PEPE and GOAT. The firm’s involvement with Binance, with 11 out of its top 20 memecoin holdings listed on the exchange, underscores its influence in the market. Wintermute’s holdings in various meme coins and its frequent trading activity suggest a proactive approach to capitalizing on the meme coin market. Crypto market maker, Wintermute is increasingly expanding its footprint into the world of meme coins. A significant...

31.10.2024

All News

XRP Price Rockets Past $2.50: Is More to Come?

XRP price is up over 30% and trading well above $2.20. The price is consolidating near $2.40 and might aim for more gains above the $2.50 level. XRP price is eyeing a fresh increase above the $2.00 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.08 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the $2.50 resistance. XRP Price Starts Fresh Increase Above $2.00 XRP price remained supported near...

Optimism (OP) Faces Potential Decline To $1.80 — Analyst

Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains. However, certain trading indicators signal otherwise. Optimism Likely To Fall By 18% In a November 23 post on X, renowned crypto analyst Ali Martinez shared a bearish prediction on Optimism despite the token’s current upward trend. According to Martinez, the TD Sequential has flashed a sell signal on OP’s 4-hour trading chart, presenting the potential for an imminent price dip. In trading markets, the Tom Demark...

David Marcus Opens Up On Libra “Kill Job”

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...

Optimism Suffers 21% Loss – Will On-Chain Activity Regain Investor Trust?

Losses mount for Optimism as the market suddenly flips from bullish to bearish, wiping significant gains made after it rebounded last week. According to CoinMarketCap , the token is down over 21% since last month, putting significant pressure on investors as the market continues with its choppy trading days. Despite the market’s hostility in the past 24 hours, on-chain news still reinforces investor confidence as the platform’s Superchain continues to grow. But questions remain as to how this can affect the token’s price in the coming days and weeks. Conduit, Mode, And Zora Join Optimism Collective Security Council Last Saturday,...

Putin signs law recognizing digital currencies as property, exempting crypto mining and sales from VAT

For profits made from buying, selling, or trading digital currencies, the applicable tax rates are set at 13% for income up to 2.4 million rubles and at 15% for amounts over that limit. Key Takeaways Putin signed a law recognizing digital assets as property and introducing new tax frameworks for crypto mining. Crypto mining is exempted from VAT, but operators must report clients to tax authorities or face fines. Russian President Vladimir Putin has signed a new law that officially recognizes digital currencies as a form of property in foreign trade settlements under an experimental legal regime (ELR). Under the...

Netherlands, Sahel Consulting to develop horticulture sector in southwest

To help develop the horticulture sector across the six southwest states and tackle the country’s huge post-harvest losses, the Netherland government in partnership with Sahel Consulting Agriculture conducted a study on market-led solutions to addressing issues limiting horticulture production in the region. The study, funded by the consulate general of the Kingdom of Netherlands was also conducted to develop a roadmap for the horticulture sector (2025-2030) in the southwest region. Speaking at a stakeholder workshop themed ‘Horticulture Sector Roadmap for Southwest Nigeria,’ held recently in Lagos, Michel Deelen, consul-general of the kingdom of the Netherlands, stressed the need for diversification...

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...

Time to Sell XRP? $444 Million Inflows on Exchanges

Ripple’s native token XRP is making a wave in the cryptocurrency landscape with its impressive performance. With a significant price surge of over 420% in the last 30 days, XRP has outperformed major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and others. XRP Outperformed SOL, BNB, and USDT Additionally, the altcoin has surpassed SOL, BNB, and USDT, becoming the world’s third-largest cryptocurrency by market cap. Source: Coinmarketcap However, current data suggests a negative outlook for XRP, indicating a potential price correction or a possible decline in the coming days. XRP’s $445M Inflow, What it Means...

Crude Oil makes its way up to $70 again for a third time this week

Traders are pre-hedging for a possible suprise comments from OPEC+ as of December 1st. OPEC+ ministers are joining on December 1st in person, before Output Policy Meeting scheduled on Thursday. The US Dollar Index bounces off the lows with markets concerned on French budget discussions. Crude Oil is rallying into the US trading session with near 1% gains as nervousness picks up towards OPEC+ and its upcoming events. However, a weekly loss nearly looks inevitable to avoid, while traders await the outcome of the upcoming Organization of the Petroleum Exporting Countries and its allies (OPEC+) meeting on its output policy,...

‎SAIB scales 52-week high

Tadawul trading screen Shares of The Saudi Investment Bank (SAIB) hit the highest level in 52 weeks today, Dec. 10, data compiled by Argaam showed. Stock Price* Company Price (SAR) Performance in 52 weeks SAIB 14.82 25% *The highest price during the session, but not the current trading price. For stock prices and market data

Ethereum to drop below $2K next? Analyst says ‘it won’t be long’ because…

contributor ETH dropped below $3k amidst greater outflows from ETFs Some analysts are now predicting a drop below $2k for the altcoin On the back of great crypto volatility amid Bitcoin’s own instability, altcoins are getting hit. In the middle of this downtrend, ETH has suffered the most over the last 7 days after dropping below $3k on the charts. As expected, this decline has worried analysts about the possible negative impact of Spot ETFs on Ethereum since their launch two weeks ago. The sustained downside has seen various analysts predicting a further decline. For starters, the founder of Schiff...

Semler Scientific acquires additional 101 Bitcoin, holdings now at 929 BTC

Semler's strategic Bitcoin purchases align with broader treasury goals. Key Takeaways Semler Scientific has increased its Bitcoin holdings to 929 BTC with a recent purchase of 101 Bitcoin. The company's total investment in Bitcoin now stands at $63 million. Semler Scientific, a healthcare company that has recently adopted a Bitcoin treasury strategy, acquired an additional 101 Bitcoin (BTC), bringing its total holdings to 929 BTC within over two months, the company shared in a Monday press release Since May this year, Semler Scientific has spent $63 million in Bitcoin purchases as part of the company’s broader strategy to integrate Bitcoin...

VRA Set for ATH: Breakout Could Trigger Explosive Price Surge

You are here: Home / News / VRA Set for ATH: Breakout Could Trigger Explosive Price Surge VRA’s Double Bottom pattern signals potential breakout, setting up for a possible ATH surge. Egrag forecasts a massive VRA rally, with Fib 1.618 suggesting a 10x rise from previous ATH. VRA’s technical setup and improving market sentiment could drive it to new heights, delivering massive returns. Verasity (VRA) is making waves in the crypto space as it approaches a potential all time high (ATH). In an X post on Wednesday, Egrag has created buzz among the VRA community; the token’s technical chart predicting...

Litecoin & Dogecoin Tops In Wallet Count

You are here: Home / News / Altcoin News / Litecoin & Dogecoin Tops In Wallet Count Litecoin [LTC] and Dogecoin [DOGE] have emerged as the top players among the altcoin troupe in attracting significant amounts of non-empty wallets or holders. This underscores the growing investor interest in these alternative cryptocurrencies. Santiment, a leading data insight platform, observed the trend in a ten-year study. The report shows that Litecoin often dubbed “Bitcoin’s silver,” has held the highest number of hodlers with a whopping 8.08 million non-empty wallets. On the other hand, Dogecoin, the oldest meme-coin cryptocurrency, has secured the second...

Dogecoin Price Looking Stronger – ‘Expect Massive Gains’, Analyst Predicts

Currently at a turning point is Dogecoin (DOGE), the cryptocurrency that started as a joke but has lately attracted the interest of traders. Analysts and investors are keenly observing its price movements, if it can overcome a significant barrier. The $0.10 mark has emerged as an interesting number as some analysts think it will set in motion the meme coin to a fresh positive phase. A recent examination by Crypto Daily Trades Signals indicates that Dogecoin has demonstrated amazing endurance, especially when it recovers from critical support levels. According to Crypto Daily Trades, DOGE is now looking stronger and emerging...

Solana (SOL) Momentum Builds: $250 Could Just Be The Beginning

Solana started a fresh increase from the $220 zone. SOL price is rising and aiming for a sustained upward move above the $250 resistance. SOL price started a fresh increase after it settled above the $225 level against the US Dollar. The price is now trading above $240 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $240 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $250 zone. Solana Price Eyes Sustained Increase Solana...

The Vatican Library Offers NFTs to its Supporters

By Philip Maina 2 months agoWed Jun 19 2024 10:54:00 Reading Time: 2 minutes The Vatican Library has revealed plans to follow its supporters to the web3 world The library will give NFTs to supporters who either donate or engage with it on social media It intends to use the NFTs to boost its online presence The Vatican Apostolic Library has announced that it will give NFTs to those who engage with its manuscripts or make a donation. The library partnered with NTT DATA Italia to bring the collectibles to its Italian followers. To qualify, social media users in Italy...

Crypto user base reaches 10 million in Q2 2024

In Q2 2024, the crypto market surged with a record 10 million daily active wallets, up 40% from Q1. Social DApps saw a 66% spike in user activity. Decentralized exchanges thrived with meme coin trading. NFT marketplaces rebounded to $4 billion in trading volume. Despite this growth, DeFi apps lost $7 billion in total value locked (TVL), a 4% drop from the previous quarter, notably on Tron and Arbitrum networks. Security remains a concern with $430 million lost to breaches, mainly impacting Ethereum and BNB Chain. Meanwhile, new crypto projects in their early phases are catching the community’s attention as...

Trendline Says Buy JPMorgan Stock’s Dip

Blue-chip bank stock JPMorgan Chase (JPM) is saddled with a 5% deficit in December and pacing for a fifth-straight daily loss, as it continues to cool off from its Nov. 25 all-time high of $254.31. Shares are marginally lower this afternoon, last seen trading at $237.61, and it might be time to buy the dip. If past is precedent, then this most recent pullback has JPM trading near a historically bullish trendline. The trendline in question is the shares’ 50-day moving average and per Schaeffer's Senior Quantitative Analyst Rocky White, JPMorgan Chase stock ran into this trendline five times in...

Speculative traders dominate Ethereum market – Bullish or bearish for ETH?

contributor Posted: November 20, 2024 Share this article Ethereum reserves on derivative exchanges have surged to the highest level in more than a year as speculative activity rises. Rising open interest also suggests traders are increasingly betting on Ethereum’s future price moves. Ethereum [ETH] has struggled to keep up with the performance of Bitcoin [BTC] and other top altcoins because, in the last seven days, it has dropped by 6% to trade at $3,123 at press time. Ethereum’s failure to break from bearish trends stems from the lack of adequate demand to counter selling pressure. As AMBCrypto reported , sellers...

US Charges Two Russian Nationals in Money Laundering Scheme Involving Crypto Exchanges

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers...

Introducing Senior Citizens Account by Stanbic IBTC Bank

Navigating the banking world can often feel like trying to find your way through a maze, especially for those approaching or already enjoying their golden years. Recognising this, Stanbic IBTC Bank has created Senior Citizens Account, a game-changing solution that makes banking more accessible and beneficial for people aged 50 and above, who are estimated to be around 15 million of Nigeria’s over 200 million total population. Senior Citizens Account is not just another banking product. It is evidence of Stanbic IBTC’s commitment to serving the unique needs of the ageing population. This package includes everything from wealth preservation and...

Popular

Solana on Fire: Major TWAP Alert Signals Bullish Surge