Gekocrypto Global News

SEC retargets Ripple’s XRP sales on exchanges, distributions of XRP to employees in Form C filing Bittester.xyz – The Next Big Name in Crypto Exchange Services Ethereum Picks Up Speed as Bitcoin Eyes Recovery Toward $60K: Here’s the Next ETH Price Trend BNB Chain Reveals Plan to Onboard a Billion Users Into Web3 Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’ Coinbase Onramp to Reduce Friction With Apple Pay Integration Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge Altcoins Set For Explosive Growth: Analyst Predicts Epic Rally Caught Off-Guard by the XRP Rally? Aussie Analyst Reveals Next Altcoin to Pump Mythical Games Partners With FIFA To Create Mobile Web3 Game Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators Centralized exchanges receive over 50% of illicit crypto funds: Chainalysis report

Study reveals concentration of illicit crypto flows to few exchanges, highlighting money laundering trends. Key Takeaways Over 50% of illicit crypto funds end up at centralized exchanges, directly or indirectly. Stablecoins represent a growing portion of illicit funds in intermediary wallets. Over 50% of illicit crypto funds end up at centralized exchanges, either directly or after obfuscation, according to the “Money Laundering and Cryptocurrency” report by Chainalysis. The report highlights a concentration of illicit funds flowing to just five centralized exchanges, which weren’t mentioned in the document. Additionally, the five centralized exchanges analyzed in the report registered a surge in...

12.07.2024

Nuant Introduces Comprehensive Digital Asset Management Platform

TLDR Nuant has launched a new platform for digital asset management, targeting funds, VCs, investors, and crypto companies. The platform offers comprehensive market coverage, including support for over 5 custodians, 30 exchanges, 80 blockchains, and 1000 DeFi protocols. Key features include an advanced alerting system, integrated SAFE and SAFT tracking, and AI-driven strategy design tools. Nuant aims to bring institutional-grade tools to the digital asset sector, especially in light of upcoming MiCA regulations. The company is offering the first three months free to the first 100 clients as a launch promotion. Zurich-based company Nuant has announced the launch of its...

09.07.2024

Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators

You are here: Home / News / Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators In recent market activity, Bitcoin (BTC) experienced a decline, hitting a low of $65,500 before bouncing back from this critical support level. Despite this temporary setback, the overall trend for Bitcoin remains positive, signalling the potential for future gains. A notable development in crypto is the progress in repayments from the defunct Mt. Gox exchange. As former investors finally receive their funds, this large-scale movement of Bitcoin may have contributed to the slight dip in BTC prices observed recently. Bitcoin Shows Potential Breakout...

24.07.2024

All News

Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg

According to a latest Bloomberg report, Republican Senator Cynthia Lummis of Wyoming has proposed to sell a part of the Federal Reserve’s gold holdings to purchase one million Bitcoins for the creation of a strategic bitcoin reserve. The Senator, an ally of Donald Trump, has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile without adding to the government deficit. The bill calls for the US to acquire 1 million Bitcoin, representing nearly 5% of the outstanding tokens. Cynthia Lummis estimates this would cost around $90 billion based on current prices, but the sum could rise if the...

Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5

Dogecoin has shown a remarkable recovery over the past five days after a significant downturn triggered by a broader market sell-off. During the first five days of August, the cryptocurrency experienced a sharp decline , plummeting by 38%, dropping from $0.1348 to a low of $0.0831. However, DOGE has demonstrated resilience in the face of these challenges. After hitting the $0.0831 mark, the cryptocurrency began to stage a notable comeback. Over the last five days, DOGE has rebounded by approximately 25%, a recovery that has lifted its price significantly from its recent lows. Although this upward movement has not yet...

Over $5 Million of ALGT Tokens Accumulated By US Retail Investors as MATIC Crashes and BTC Miner Difficulty Increases

The cryptocurrency market is a whirlwind of innovation and volatility. Recent weeks have been particularly turbulent, with the price of Polygon (MATIC) experiencing a dramatic crash. Bitcoin (BTC) miners are also facing increasing challenges due to rising mining difficulty. However, amidst this market unease, a glimmer of hope emerges with Algotech (ALGT). US retail investors have been quietly accumulating significant amounts of ALGT tokens, suggesting a growing interest in the project. Could Algotech be positioned to weather the storm and emerge as a viable investment option? Let’s delve deeper and explore the reasons behind this intriguing trend. Polygon (MATIC) Price...

Is It Time We Ditched “Cryptocurrencies” for “Digital Assets”?

By Mark Hunter 1 month agoTue Oct 22 2024 08:41:32 Reading Time: 2 minutes The term “cryptocurrencies” has been around since the birth of Bitcoin, but it has since created misconceptions about their purpose Digital assets have diversified beyond currency use, encompassing NFTs, stablecoins, and more The evolving regulatory landscape has prompted a shift towards broader, more accurate terminology Ever since Satoshi Nakamoto and Martti Malmi agreed that the term “cryptocurrency” best described Bitcoin in 2009, the term has been used for all tokens produced in the sector. However, in recent years, the term “cryptocurrency” has created confusion and limited...

Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations

The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks associated with dealing with unlicensed crypto businesses, emphasizing the potential for financial and reputational harm. Protecting Crypto Investors The Dubai Virtual Assets Regulatory Authority (VARA) has issued cease-and-desist orders against seven entities accused of operating without licenses and violating marketing regulations. In a warning issued on Oct. 9, VARA advised the public to avoid dealing with the unnamed...

As Bitcoin Nears $100,000: “Don’t Be Left Behind,” Robert Kiyosaki Says

A known personal finance book author joined many cryptocurrency analysts in saying that Bitcoin could hit $100,000 anytime soon as the crypto reached the $96,000 mark today. American author Robert Kiyosaki made a controversial stand after commenting that the psychological phenomenon of the fear of missing out (FOMO) can be a positive driving force that will push investors to buy the top crypto before it reaches the $100,000 level. Bitcoin: The Challenge To Invest Kiyosaki warned that once Bitcoin surpassed the $100,000 level, it would be challenging for the middle class to invest significant amounts in the firstborn crypto, urging...

Ethereum’s next move remains uncertain amid whale sell-offs – What next?

contributor Posted: November 27, 2024 Share this article In a key development, one whale moved $19.54 million worth of ETH to Kraken. Market sentiment remained divided, with conflicting signals from key indicators. Despite a brief period of turbulence on the 25th of November, Ethereum [ETH] has demonstrated resilience, posting a daily gain of 1.38%. This recovery contributes to an impressive weekly increase of 9.85%, underscoring the market’s current bullish momentum. Yet, despite these gains, caution persisted. Subtle bearish signals remained in play, with the potential to drive ETH lower if broader market conditions deteriorate. Whale transfers ETH, potentially triggering a...

Dubai’s SEE Institute and Cardano Foundation Collaborate to Advance Blockchain-Powered Sustainability

The SEE Institute and Cardano Foundation have partnered to integrate blockchain technology into global sustainability efforts. Advancing Blockchain-Powered Sustainable Solutions The Dubai-based sustainability education and business incubation hub, SEE Institute, has signed an agreement with the Cardano Foundation to incorporate blockchain technology into its global sustainability efforts. The partnership aims to advance blockchain-powered sustainable solutions. The two entities hope the arrangement will position blockchain as an enabler of sustainable development and global adoption in key sustainability sectors. SEE Institute founder and chairman Faris Saeed said: Blockchain technology is transforming transparency and traceability within the sustainability sector. By integrating blockchain into...

Mexican Peso pulls back from highs on strong US employment data

The Mexican Peso has retreated from two-week highs following upbeat US employment figures. Futures markets are now pricing bigger chances that the Fed will cut rates later in December. Technically, USD/MXN’s double top at 20.80 suggests the possibility of a deeper correction. The Mexican Peso (MXN) is trading practically flat against the US Dollar following a whipsaw after the release of US employment data. The USD/MXN pair keeps looking for direction following a three-day sell-off that has pushed the pair to the resistance area above the 20.00 psychological level. US Nonfarm Payrolls increased beyond expectations in November, according to data...

Grayscale ETHE outflows’ tapering will have THIS effect on Ethereum’s price

Journalist World’s largest altcoin dropped below $3,000 on the back of negative market sentiment Receding outflows could be key now U.S spot Ethereum ETFs recorded a significant decline in outflows in the second week of trading, compared to its debut week. In the first week, the products saw net outflows of $341.3 million, exclusively driven by Grayscale’s bleeding from its ETHE and Mini Trust (ETH) products. In particular, ETHE drove $1.5 billion in outflows in the first week of trading. However, the dumping declined in the second week – A sign that ETHE outflows could be ‘ tapering,’ according to ...

Edward Snowden Highlights Political Pitfalls and Privacy Issues in BTC at Bitcoin 2024 Event

The renowned whistleblower Edward Snowden, former CIA and NSA contractor, delivered a powerful speech emphasizing the pitfalls of political allegiance and the privacy concerns surrounding Bitcoin. He urged individuals to participate in voting but warned against blindly following political ideologies. Snowden’s Bitcoin 2024 Keynote: Vote Independently and Beware of Bitcoin’s Privacy Risks During his keynote at the Bitcoin 2024 conference, Edward Snowden highlighted the importance of political participation without succumbing to political tribalism. He argued that political figures and parties have their own interests, which may not align with those of the voters. “Cast a vote, but don’t join a...

Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days

On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits $62,729 Intraday High as Dozens of Crypto Assets See Double-Digit Gains The crypto economy is making a robust recovery following a steep decline over the weekend and a rough start to the week on Monday. On that day, BTC dipped to a level not seen...

Ethereum large holders move $2 billion in two hours

Meanwhile, spot Ethereum ETFs see nearly $100 million in inflows, second-largest since launch. Key Takeaways Dormant ETH addresses linked to PlusToken moved $2 billion after three years. Spot Ethereum ETFs saw $100 million inflows, the second-largest since launch. Large Ethereum (ETH) holders moved 820,000 ETH in the past 24 hours, equivalent to over $2 billion. As reported by the user Lookonchain on X (formerly Twitter), market maker Jump Crypto transferred over $29 million for sale and redeemed $48 million from the liquid staking protocol Lido. Notably, ETH addresses dormant for over three years moved $2 billion in ETH two hours...

Financial industry to adopt blockchain in 2025: report

Homepage > News > Finance > Financial industry to adopt blockchain in 2025: report Blockchain is one of the key technologies that will shape the financial services industry in 2025, business automation firm Quadient notes in its projection for the future of finance and accounting. Blockchain’s role in finance has evolved drastically over the past decade. Initially, it was viewed as a wholesale replacement for the existing rails, but stakeholders are now integrating the technology to improve legacy systems. Quadient financial automation director Sarah-Jayne Martin says the adoption will accelerate in 2025 as more firms utilize blockchain to log and...

Ethereum leads $176 million crypto fund inflows as investors buy the dip

Ethereum attracts $155 million, pushing year-to-date inflows to $862 million, highest since 2021. Key Takeaways Digital asset investment products saw $176m in inflows as investors bought the recent price dip. Ethereum attracted $155m in inflows, bringing its year-to-date total to $862m, the highest since 2021. Crypto funds attracted $176 million in inflows last week, with products indexed to Ethereum (ETH) leading the pack with $155 million in inflows, according to CoinShares. Total assets under management (AUM) of investment products, which had fallen to $75 billion during the correction, rebounded to $85 billion. This brings its year-to-date inflows of ETH funds...

SEC Sued Over NFT Clarification

By Philip Maina 2 weeks agoTue Jul 30 2024 10:10:13 Reading Time: 2 minutes A law professor and a songwriter have sued the SEC seeking clarification on how NFTs are securities The two argue that the securities watchdog is overstepping its boundaries by policing the NFT market They have asked the SEC to provide sections in the United States laws that designate NFTs as securities The US Securities and Exchange Commission (SEC) has been taken to court to explain how NFTs are securities. The plaintiffs, law professor Brian Frye and artist Jonathan Mann, want the regulator to quote sections of...

Qubetics Could Hit $15: The Best Altcoin to Invest in Right Now for Explosive Growth as Tron Shows Stability at $0.32 and Theta Innovate

You are here: Home / News / Qubetics Could Hit $15: The Best Altcoin to Invest in Right Now for Explosive Growth as Tron Shows Stability at $0.32 and Theta Innovate Investors constantly search for projects with massive growth potential in this dynamic environment. With new projects emerging regularly, it can be tough to identify which ones stand out. Among the vast landscape, three altcoins are creating a buzz right now—each with the unique potential to shape the future of digital assets. While some coins are stable and predictable, others are making waves for their bold innovations and game-changing features....

Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant level. This recent price action begs the question — is the Ethereum price in make-or-break season? 1.7 Million Addresses Purchased ETH At $3,000 – Here’s The Relevance In a recent post on the X platform, market intelligence platform IntoTheBlock revealed that the price of Ethereum...

Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price

Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC over the next year, along with his investments in gold, silver, and real estate — assets he views as “real money” for building lasting wealth. Robert Kiyosaki Unveils Bitcoin Holdings, Shares His Approach to Gold, Silver, and BTC Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, shared his perspective on building wealth through assets like bitcoin, gold, and silver on social media platform X Friday. Rich Dad Poor Dad, a 1997 book co-authored by Kiyosaki and Sharon Lechter, has earned global acclaim, spending over six...

Ethereum Sees $1 Billion Exchange Outflow Alongside Bitcoin: What This Means For Price

Ethereum has witnessed a huge surge in on-chain activity in the past week, with data showing an accumulation trend from crypto exchanges. According to on-chain analytics platfrom IntoTheBlock, about $1 million worth of Ether was withdrawn from crypto exchanges last week. This shift suggests that investors are adopting a holding strategy, even as the Ethereum price consolidates below $3,200. Notably, the last time Ethereum had outflows of this magnitude was in May 2023. The massive exodus of ETH from exchanges could indicate that traders are anticipating higher prices and moving their holdings into private wallets. Examining The Ethereum $1 Billion...

RAYDIUM PRICE ANALYSIS & PREDICTION (July 19) – RAY Flips $2 In A Fresh 15% Surge, Where Is It Heading Next?

Several altcoins went down earlier today due to a slight decrease in the global market cap but many are resurging along with Raydium, which just broke out to a three-month high following a massive surge. Picking up from a low of $1.4 last month, Ray has seen a notable increase since the start of this month and is now trading well above $2 with an impressive 20% surge in a month. Following this shift in the market structure, the bulls are now gaining control on a daily scale. But sentimentally, the bears are still hoping to return, looking for exhaustion...

FTM’s breakout – Examining if altcoin’s on-chain metrics back its rally odds

contributor Posted: November 13, 2024 Share this article FTM’s symmetrical triangle pattern hinted at a potential breakout, with $0.93 as key resistance On-chain metrics were largely bullish, though low active address growth suggested caution Fantom [FTM] , at the time of writing, was showing promising signs of a potential breakout from a symmetrical triangle pattern, one supported by strong on-chain metrics and technical indicators. In fact, recent data revealed a “Mostly Bullish” sentiment, with four key on-chain signals – Net network growth, in the money, concentration, and large transactions—all suggesting a positive outlook. With a press time price of $0.7459,...

Popular

Centralized exchanges receive over 50% of illicit crypto funds: Chainalysis report