Gekocrypto Global News

Coinbase Spoofer Jailed for Five Years SmartLedger’s Bryan Daugherty talks blockchain, cybersecurity on the CoinGeek Weekly Livestream XRP Pumps 18%, $1 is Next Target – Best Altcoin to Buy? SOL's Evolving Throwback Pattern Makes It Enticing for Breakout Traders: Godbole Fetch.ai Founder Clears Key Misconceptions about Merger with OCEAN and AGIX Southeast Asia’s digital economy growth: AI, blockchain’s roadmap Ripple’s XRP Drops 5%: Why Long-Term Indicators Remain Positive WTI continues to rise toward $69.00 due to improved demand outlook in China US Solana ETFs ‘Inevitable’ Following Brazilian Approval, Say Several Industry Experts Binance, WazirX Named in India’s $97M Crypto Tax Investigation: Report RIPPLE PRICE ANALYSIS & PREDICTION (November 14) –XRP Tests 8-Month High After Breakout, Now Faces Rejection Blockchain Life 2024 gathered the leaders of the crypto community from 120 countries in Dubai

Bitcoin dominance has been signaling an inevitable reversal in the near term, which will trigger the much-anticipated altcoins bullish breakout. The ongoing Bitcoin (BTC) price pump above $67k on Friday carried with it most of the altcoins led by Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE). Furthermore, the recently approved spot Ethereum ETFs, apart from Grayscale’s ETHE, have been registering significant cash inflows in the past three days. As a result, the confidence in the altcoin industry has significantly improved in the recent past, with more institutional investors adopting the web3 projects. Although Bitcoin dominance has scaled to a new...

26.07.2024

Coinbase Spoofer Jailed for Five Years

By Mark Hunter 2 months agoFri Oct 18 2024 09:26:57 Reading Time: 2 minutes An Indian national has been sentenced to prison for orchestrating a $20 million fraud scheme involving fake cryptocurrency platforms. The scheme targeted victims by creating websites that mimicked legitimate cryptocurrency exchanges, luring them into transferring funds. Chirag Tomar has received a five-year prison sentence for his crimes An Indian national has been sentenced to prison for his role in a $20 million scheme involving fake cryptocurrency investment platforms. Chirag Tomar deceived hundreds of victims by creating websites that closely resembled legitimate cryptocurrency exchanges and, along with...

18.10.2024

Fetch.ai Founder Clears Key Misconceptions about Merger with OCEAN and AGIX

Sheikh stated that centralized exchanges do not need to either delist or relist Fetch.ai’s FET token. Humayun Sheikh, the founder of Fetch.ai recently took to X to share insights into the platform’s proposed merger with SingularityNET and Ocean Protocol. Coinbase Withdraws Support For ASI Token Merger Just a few days before the start of the merger process, American cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) decided against supporting the move. “Coinbase will not execute the migration of these assets on behalf of users,” the exchange said. In response to this statement, Sheikh stated that centralized exchanges do not need to...

28.06.2024

All News

PEPE Price Predication for December 2024

Pepe (PEPE), the popular and third-largest crypto meme coin, is garnering massive attention from crypto enthusiasts after breaking out of a bullish price action pattern. This breakout in PEPE follows a prolonged consolidation phase lasting more than three weeks. PEPE Technical Analysis and Upcoming Level According to CoinPedia’s technical analysis, PEPE has broken out of a bullish flag-and-pole price action pattern, closing a strong daily candle above the pole of the pattern. However, this breakout has shifted the overall sentiment among traders and investors. Source: Trading View Based on recent price action, there is a strong possibility that PEPE could...

Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?

Before its recent price correction, Bitcoin came close to hitting the six-digit milestone, achieving an all-time high of $99,645—a near 170% year-to-date increase. This notable price performance, followed by the recent price dip, has sparked discussions about the state of the market, particularly the profit-taking behaviour observed among investors. An analysis by a CryptoQuant analyst known as Darkfost sheds light on these dynamics, focusing on realized profits and investor behaviour linked to Binance, one of the largest cryptocurrency exchanges globally. Are Investors Actively Taking Profits Now? According to Darkfost, tracking the profits realized by investors transferring Bitcoin to Binance can...

Justin Sun delivers keynote and fireside chat at ABS2024, TRON DAO featured as title sponsor

Geneva, Switzerland, August 9, 2024 – The Asia Blockchain Summit 2024 ( ABS2024 ), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun to deliver a keynote speech. Sun also participated in a thought-provoking fireside chat with Song Hongbin, author of “Currency Wars”. The summit convened leaders from Web3, and various industries to explore and discuss the future of Blockchain, AI, and the Future of Governance. ABS2024 was held in Taipei from August 6-8 at the Taipei Nangang Exhibition Center. Taiwan has long been at the forefront of technology discussions, and this summit featured a distinguished...

MicroStrategy’s Bitcoin holdings yield over $10B in gains as BTC tops $80K

MicroStrategy's strategic investment strategy under Michael Saylor sees significant growth amid bullish market conditions. Key Takeaways MicroStrategy's Bitcoin holdings have generated over $10 billion in unrealized gains. Bitcoin's price increase to $80,000 coincided with Trump's reelection and global monetary adjustments. MicroStrategy’s Bitcoin holdings have surged to over $20 billion in value, generating more than $10 billion in unrealized gains as Bitcoin’s price topped $80,000 today, according to data tracked by its portfolio. The company, headed by Bitcoin advocate Michael Saylor, has accumulated 252,220 Bitcoin since its initial purchase in 2020, with an average acquisition cost of around $39,200 per Bitcoin,...

How to Reclaim Digital Selfhood

At the height of its public fervor in 2021, Web3 felt like an amusement park for scams. Bored apes were its mascots, Bitcoin its rollercoaster, the metaverse its hall of mirrors, and rug-pulls its magical disappearing acts. Web3 disciples practically frothed at the mouth while celebrities, elites, and normal folks alike were taken on the worst kind of ride. Was it a cult, a con, a fever dream, or a fantasy? Now that the rollercoaster has careened off the tracks and the crowds have moved on, the real custodians of our digital future are picking through the rubble. They’re mining...

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net divestments since Jan. 11, 2024, to $19.13 billion. GBTC wasn’t alone in facing losses; Ark Invest’s and 21shares’ ARKB shed $69 million, while Fidelity’s FBTC saw a $58.04 million decrease, according to sosovalue.xyz and coinglass.com metrics. U.S. spot bitcoin ETFs have recorded two straight days...

How tourism can boost Nigeria-Ghana relations, cultural exchanges – Nsiah

Tourism offers a powerful historical experience that can connect Nigerian and Ghanaian tourists visiting each other’s countries to, among others, the broader West African narrative of colonisation and exploitation and ultimately strengthen people-to-people relations between both countries, Ghana Tourism Authority (GTA)’s deputy Chief Executive Officer, Ben Anane Nsiah tells MARTIN-LUTHER C. KING in this interview in Accra. Given the cultural similarities between both countries as well as their shared love for music, food, and the arts, he says this year’s December in GH ceremonies, a treasure trove of over 70 fun activities scheduled to take place in Ghana late-November to...

Trader’s Binance sell-off triggers BLUR’s 7% price decline – All the details

Machi Big Brother’s massive BLUR transfer to Binance caused a sharp 7% price decline Blur’s active addresses surged and peaked at over 16,000 in late June, before dropping BLUR token witnessed a 7% drop in its value following the actions of prominent trader – Machi Big Brother. The trader transferred all his tokens to Binance, prompting concerns among investors about a potential large-scale sell-off. Major sell-off by Machi Big Brother Spot On Chain reported that Machi Big Brother deposited 18.4 million tokens, worth approximately $3.13 million, into Binance. This move was perceived as a sign of impending sales by many,...

SEC delays decision on Franklin Templeton Bitcoin & Ethereum index ETF

The SEC extends its review period for Franklin Templeton’s proposed crypto index ETF, pushing the decision to early 2025. Photo: Crypto News Flash Key Takeaways The SEC delayed the decision on Franklin Templeton's Bitcoin and Ethereum ETF, extending the deadline to January 6, 2025. The SEC's review period extension allows more time to evaluate the proposal and its implications. The SEC has delayed its decision on Franklin Templeton’s proposed Bitcoin and Ethereum index ETF. The November 20, 2024, filing indicates that the decision on the Franklin Crypto Index ETF has been postponed, with a new deadline set for January 6,...

Ripple Gains Global Exchange Support for RLUSD Stablecoin Release

Ripple has announced the launch of its stablecoin, RLUSD (Ripple USD), along with its global exchange partners who will facilitate the token’s availability worldwide. This launch, alongside key partnerships, marks a major milestone in Ripple’s ongoing efforts to expand its offerings. Ripple Names Exchange Partners for its RLUSD Stablecoin The firm named Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish as exchange partners for the USD-denominated stablecoin. With a strong emphasis on regulatory compliance, Ripple CEO Brad Garlinghouse said RLUSD could set the standard for stablecoins. “With our initial exchange partners, the clear utility and demand for RLUSD, and...

Ethereum co-founder transfers 20,000 ETH to Kraken as price hits $3,600

Ethereum's price rally might encourage sales, yet Wilcke retains a large crypto reserve. Key Takeaways Jeffrey Wilcke transferred 20,000 ETH to Kraken on Nov. 28. Wilcke has sold a total of 44,300 ETH in 2024, maintaining a position of approximately 106,000 ETH. A wallet connected to Ethereum co-founder Jeffrey Wilcke moved 20,000 ETH worth $72.5 million to crypto exchange Kraken, according to data tracked by Arkham Intelligence. The transfer took place shortly after Ethereum’s price topped $3,600 earlier this morning. Source: Arkham Intelligence According to Spot on Chain, Wilcke sold 10,000 ETH for approximately $37 million in May. He has...

S.Korea’s Crypto ETF Ban Reevaluation: 61% Trade Volume Surge Red Flags

You are here: Home / News / S.Korea’s Crypto ETF Ban Reevaluation: 61% Trade Volume Surge Red Flags South Korea’s FSC plans to reevaluate its ban on local spot cryptocurrency ETFs and institutional accounts, signaling a shift in regulatory stance. The approval of spot bitcoin ETFs in the U.S. has pressured the FSC to consider local listings, reflecting a potential policy change. Upbit dominates the market, handling 61% of trade volume, raising concerns about its influence on partner K-bank and implications for its IPO plans. South Korea’s Financial Services Commission (FSC) has announced a significant shift in its approach to...

NFT Project Cryptokitties Returns as a Telegram Game

By Philip Maina 2 months agoWed Oct 02 2024 12:18:46 Reading Time: 2 minutes NFT project CryptoKitties will now be available as a Telegram game The game is part of the project’s plan to relaunch on the Flow blockchain The game will reward players with free NFTs from an existing collection NFT project CryptoKitties is joining the Telegram gaming craze and is launching a Telegram game dubbed “CryptoKitties: All The Zen.” The game employs the same screen-tapping mechanism used by popular Telegram games like Harmster Kombat, which recently announced NFT plans. The game is part of the project’s mission to...

Crypto Market Records A Bullish Rebound As Bitcoin Reclaims $60K, Ethereum Hits $2.65K!

Home / Crypto Live News / Crypto Market Records A Bullish Rebound As Bitcoin Reclaims $60K, Ethereum Hits $2.65K! Reportedly, over the past day, the crypto market has recorded a jump of 1.72% in valuation and is currently valued at $2.09 Trillion. Furthermore, it recorded a total trading volume of $83.85 Billion, a change of +41.41%. Notably, the market leader, BTC price had successfully reclaimed the $60K mark with a 24-hour high of $60,680.33 and is currently valued at $59,235.23. Following this, the Ethereum token has added 4.64% to its portfolio and has recorded a 24-hour High/Low of $2,749.14 and...

Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor

Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private Placement According to the announcement, the bitcoin miner Argo Blockchain (Nasdaq: ARBK) will issue 57.8 million ordinary shares at a purchase price of £0.1125 per share, along with warrants to purchase an additional 57.8 million shares. The exercise price for the warrants is set at £0.1125 per share, with an exercise period of five years, Argo disclosed. The issuance price...

GBP/USD catches a bid from bad NFP print

GBP/USD found a foothold on Friday after wide miss in US data. US NFP showed the lowest initial print in years as job market cools. Coming up next week: US ISM Services PMI, UK BRC Retail Sales. GBP/USD wrapped up the trading week with a last-minute win after a misfire in US Nonfarm Payrolls (NFP) kicked the Greenback lower across the board. This gave the Pound Sterling a foothold, but still ended the week lower against the USD. Forecasting the Coming Week: Focus remains on data and rate cut bets The Pound Sterling deflated this week after the Bank of...

ETHEREUM PRICE ANALYSIS & PREDICTION (November 25) – ETH Gathers Momentum For Bigger Moves, Is $4k Next Target?

Ethereum’s bullish trajectory remains intact on the daily chart following a fresh bounce from a key support level. The price now looks stalled due to a recent rejection. Bigger moves expected if the price rallies up. Following a dramatic breakout from the critical $2,800 level in the first week of the month, Ethereum’s bias quickly turned positive as the price increased consistently to reach a high of $3,442 in the following week. It dropped off this high due to a rejection and the price pulled back near the key $3,000 level. Holding this level a support, the price consolidated for...

Solana Price (SOL) Continues Its Upward Trend: What’s Driving It?

Key Takeaways: One of the biggest news events in recent history, when David Sacks, a venture capitalist and a major Solana backer, was tapped to be an advisor on AI and cryptocurrency for the Trump administration, stirred up some massive bullish momentum for SOL . The explosion of memecoins within the Solana ecosystem has been improving network activity and driving demand for SOL. Technical analysis points out that the short-term outlook for SOL is positive, though there is a possibility of an extended rally if key resistance levels are pierced. David Sacks – The Main Driver behind Solana’s Price Surge?...

Bitcoin Price Prediction: Charting The Roadmap Of BTC To $150,000 By 2025

Crypto analyst TradingShot had predicted before that the Bitcoin price could rally to as high as $150,000 in this bull run. With the flagship crypto now close to the $100,000 milestone, the analyst has charted Bitcoin’s current price action and provided insights into how the crypto could reach this $150,000 target by 2025. The Current Bitcoin Price Action And Road To $150,000 In a TradingView post , TradingShot stated that the Bitcoin price is now off the 0.786 to 1.0 Fibonacci range, where it consolidated from March 2024 until October 2024. The analyst noted how the breakout in October was...

GBP/USD hits 1.2550 amid low trading volume

GBP/USD trades near 1.2570 as volume remains low during the holiday week. The US Dollar Index DXY stays stable around 108.15, showing little movement. Fed's gradual interest rate cuts expectations weigh on the Greenback. The GBP/USD pair has seen a modest rise to 1.2550, as low trading volume characterizes the market this week due to the upcoming Christmas holidays. The pair has been consolidating, with minimal price action as the market adjusts to a quiet holiday period. Similarly, the US Dollar Index (DXY) is largely flat, hovering above 108.00, showing no significant changes as traders await further economic data. In...

Germany Sees Record Bitcoin Sales, Moves $951M in BTC in a Single Day

The German government has sold over half its holding, now worth over US$1.3B. Many have criticized the government for this action, including a German MP. Bitcoin’s price fell to as low as US$55k before experiencing a slight recovery. The German government has transferred over US$900 million (AU$1,336 million) worth of Bitcoin from its stash. According to data from blockchain analytics platform Arkham, German government-owned Bitcoin wallets moved approximately 16,309 BTC in several batches to external addresses, including crypto exchanges Bitstamp, Kraken, Coinbase, and market makers Flow Traders and Cumberland DRW. An additional 700 BTC, valued at over US$38.5M (AU$57M), was...

Tether Discontinues Support for EURT, Set to Prioritize USDQ and EURQ

Tether’s decision to discontinue EURT and prioritize USDQ and EURQ highlights the company’s forward-looking approach. Tether is Phasing out EURT Tether has decided to pull the plug on its Euro-pegged stablecoin, EURT. According to Tether’s announcement, holders of EURT will have until Nov. 27, 2025, to redeem their tokens, as the company will no longer support the product due to changes in the European regulatory environment. All EURT tokens on all blockchains are impacted by this decision. Sharing his thoughts via his X account, the CEO of Tether, Paolo Ardoino said, “Tether’s decision to delist EURT has not been taken...

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