Gekocrypto Global News

Pompliano pushes for $250B Bitcoin reserve: Will BTC soar to $1M? Coinbase to Drop WBTC and Focus on cbBTC Best Cryptos to Buy in December 2024: Qubetics, Chainlink, and Cronos Lead the Pack SEBI issues new IT guidelines for stock exchanges, depositories and clearing corporations CoinDCX Initiates Customer Protection Fund Immutable to Retire its NFT Marketplace Ethereum Fees Surge Amid Market Volatility, Hinting At A Potential Rally Fixing broken workplace practices requires a technology rethink ETH falls amid $133 million spot Ethereum ETFs outflows Binance wants SEC’s amended complaint targeting more tokens dismissed Ethereum Surge Coming? Analyst Eyes $16,000 Milestone Within 2 Years Germany drops to fifth in global government Bitcoin holdings after further 750 BTC sell-off

By Mark Hunter 2 weeks agoWed Nov 20 2024 10:52:06 Reading Time: 2 minutes Coinbase has announced plans to delist Wrapped Bitcoin (WBTC) from its trading platforms on December 19, 2024 The decision coincides with the expansion of Coinbase’s own wrapped Bitcoin token, cbBTC, which has recently launched on the Solana network This strategic move reflects Coinbase’s commitment to enhancing its proprietary offerings and addressing listing concerns associated with third-party tokens Coinbase has revealed its intention to remove Wrapped Bitcoin (WBTC) from all its trading platforms effective December 19, 2024. This announcement aligns with the company’s recent efforts to promote...

20.11.2024

Ethereum Fees Surge Amid Market Volatility, Hinting At A Potential Rally

Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. On the technical side, Ethereum is showing signs of a potential breakout. A bull pennant has formed on lower time frames, suggesting that ETH could rise by over 4%, pushing the price towards the $2,820 mark. Key support for Ethereum lies between $2,314 and $2,435, a zone where 2.14 million addresses collectively hold 51.67 million ETH. This range is crucial for maintaining the...

09.08.2024

Binance wants SEC’s amended complaint targeting more tokens dismissed

Binance seeks to dismiss the SEC’s amended complaint that targets AXS, FIL, ATOM, SAND, MANA, and BNB The SEC alleges these tokens are securities, which Binance disputes as flawed The legal battle could set crucial precedents for the regulation of cryptocurrencies Binance, the world’s largest cryptocurrency exchange, and its former CEO, Changpeng Zhao, have filed a motion to dismiss an amended complaint from the US Securities and Exchange Commission (SEC). This legal motion, submitted on November 4, aims to counter allegations surrounding the classification of certain cryptocurrencies as securities, particularly focusing on the secondary market resale of these digital assets....

05.11.2024

All News

Brightcom Group shares three-year business outlook but no timeline yet on suspension revocation

Home Market News Brightcom Group shares three-year business outlook but no timeline yet on suspension revocation Shares of the Brightcom Group have now been suspended from regular trading for six months and has left more than 6.5 lakh small shareholders of the company in the lurch. The stock only trades in the trade-for-trade mechanism currently, when trading takes place only on the first day of the week. By Hormaz Fatakia December 16, 2024, 4:40:39 AM IST (Published) The Brightcom Group, in its weekly update on Sunday, December 15, said that it anticipates 'significant growth' through both organic and inorganic routes...

A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted the policy as a move to simplify taxation, promote long-term holding strategies, and support technological innovation. The exemption also applies retroactively to digital assets acquired before 2025 if sold under specific conditions. These changes align with the European Union’s Markets in Crypto-Assets (MiCA) framework, set to standardize cryptocurrency regulations across the bloc by Dec. 30, 2024....

Bitcoin Reclaims the $100K Zone, Ethereum Surpasses $4K

Bitcoin (BTC) achieved a significant milestone on Thursday, reaching an all-time high of $103,647 per coin before retreating below the $100,000 mark later in the day. However, on Friday, bitcoin reclaimed the $100,000 threshold, signaling resilience and renewed investor confidence. Bitcoin and Ether Bounce Back Bitcoin‘s surge underscores a continuing trend of heightened market activity and increasing interest in digital assets. Analysts have attributed the historic rise to a combination of institutional adoption, favorable market sentiment, and macroeconomic factors driving investors toward decentralized financial assets. BTC/USD On the same day, ethereum (ETH), the second-largest cryptocurrency by market capitalization, surpassed the...

China makeup mogul becomes billionaire on hot Hong Kong debut

One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87% after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown. His skincare and cosmetics firm Mao Geping Cosmetics Co., which listed Tuesday, raised HK$2.3 billion (about $300 million) in its initial public offering after upsizing the deal, according to a filing to the Hong Kong stock exchange. The first Chinese cosmetics brand to list in the city, it’s set for the biggest first-day increase...

Pound Sterling Price News and Forecast: GBP/USD GBP surges against USD despite strong US Nonfarm Payrolls

Pound Sterling surges against USD despite upbeat US Nonfarm Payrolls The Pound Sterling (GBP) advances above 1.2800 against the US Dollar (USD) in North American trading hours on Friday. The GBP/USD jumps higher as the US Dollar declines even though the United States (US) Nonfarm Payrolls (NFP) data for November came in better than expected. The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, slumps below 105.50. Read More... GBP/USD rallies on rate cut hopes, NFP Friday in the barrel GBP/USD climbed on Tuesday, bolstered by Bank of England (BoE) Governor Andrew Bailey tipping his...

THETA NETWORK PRICE ANALYSIS & PREDICTION (December 2) – Theta Looks Strong Weekly Despite Current Drops But Can It Advance Higher?

Closing last month on a strong bullish note, Theta looks weak today as it starts a new month on a loss. It is likely to enter a correction mode if the price drops daily, though the trend is still bullish. As low-cap altcoins take the stage this week while Bitcoin decides the next move, Theta continued to show strength and exploded massively to a new multi-month high of $3.2 during the November rally. The rally was intercepted today being the first day of December, and as we can see on the daily chart, the price is currently down after a...

Notcoin Announces Web3 Game

By Philip Maina 2 weeks agoFri Aug 02 2024 09:04:22 Reading Time: 2 minutes Notcoin has disclosed plans to launch a story-driven web3 game The game will be launched in conjunction with NFT marketplace Getgems and NFT collection Lost Dogs Notcoin admitted that its earlier approach to gaming wasn’t sustainable Popular clicker game Notcoin has announced that it’s diving deeper into the blockchain -gaming world to continue engaging the gaming community. Notcoin disclosed that it has partnered with NFT projects Lost Dogs and Getgems to create a web3 game. The game will feature Lost Dogs NFTs as characters that can...

Bitcoin miner Argo repays $35M Galaxy bailout loan

The loan saved Argo from bankruptcy during the crypto winter of 2022. 2591 Total views 1 Total shares Own this piece of crypto history Collect this article as NFT Bitcoin miner Argo Blockchain finished repaying $35 million it borrowed from asset manager Galaxy Digital in 2022 to stave off bankruptcy amid that year’s crypto bear market, according to an Aug. 12 company filing. The repayment marks “a significant milestone for Argo” and was accomplished “without any meaningful impact to Argo’s hashrate,” Argo CEO Thomas Chippas said in a statement. Hashrate indicates the computational power of a cryptocurrency mining operation and...

Ethereum Accumulation Intensifies Amid Market Optimism

Ethereum is witnessing a surge in accumulation as on-chain data highlights a steady increase in holdings, indicating rising confidence in $ETH’s future potential. Historically, Ethereum has often benefited from profit rotations following Bitcoin’s major price moves, and the current market setup seems primed for a similar scenario. On-Chain Insights Ethereum’s on-chain metrics reveal mixed signals, but several trends are worth noting: – New Address Growth: The creation of new Ethereum addresses remains below levels seen during previous bull markets, likely influenced by the adoption of Layer 2 solutions like Base. While Layer 2s are growing in popularity, it’s important to...

Ripple’s Legal Saga Ends Pushing XRP Price Higher, this Cheap Ethereum Token is Closely Following

Ripple (XRP) holders are preparing for exciting times for the XRP token as Ripple’s legal dispute with the SEC comes. With excitement building, many investors believe a new Ethereum token could follow suit. This move suggests that investors are seeking other tokens with huge growth opportunities in the face of Ripple’s surge. Let’s examine expert opinions and explore the factors driving this shift. Court Rules In Favour of Ripple In Protracted SEC Lawsuit According to reports, Ripple Labs was ordered by a federal judge on August 7, 2024, to pay a civil penalty of just over $125 million. This decision...

Ripple CLO Accuses SEC Of Causing Prolonged Suppression In Crypto Market, XRP Keeps Surging

Alderoty Yet Again Calls Out SEC In a latest X post, the Ripple CLO, Stuart Alderoty, has accused the SEC of causing massive and prolonged artificial suppression of the crypto market. He noted the following in his X post: “Turns out, the only ‘efforts of others’ that truly moved crypto markets—by causing massive and prolonged artificial suppression—were those of the SEC.” Previously, Alderoty had slammed the SEC for bragging about its record fines collected, and had compared it to a professor boasting about their highest-ever class failure rate and the most cheating scandals. He had highlighted that it was not...

US Treasury and IRS finalize crypto broker tax reporting rules

US Treasury and IRS finalize crypto broker tax reporting rules Mike Dalton · 2 months ago · 2 min read Brokers, including exchanges, must comply starting in 2026 and 2027. 2 min read Updated: Jun. 29, 2024 at 1:56 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28. Crypto brokers, including exchanges, will need to report gross proceeds for crypto sales starting from 2026. This will include crypto sales during 2025. Furthermore, brokers will...

XRP Targets $3 Milestone as Ripple CEO Brad Garlinghouse Prepares for ’60 Minutes’ Spotlight

You are here: Home / News / XRP Targets $3 Milestone as Ripple CEO Brad Garlinghouse Prepares for ’60 Minutes’ Spotlight Ripple CEO’s “60 Minutеs” аppеаrаncе on Dеcеmbеr 8 spаrks еxcitеmеnt, еmphаsizing U.S. crypto rеgulаtions. XRP surgеd 30% over the wееk, reaching $2.44, with а mаrkеt cаp of $139.29 billion. Anаlysts prеdict XRP could surpаss $3, еyеing $3.30, with strong support lеvеls аt $2.13 аnd $2.27. Thе cryptocurrеncy mаrkеt hаs bееn buzzing with аnticipаtion аs Ripple’s CEO, Brad Garlinghouse, prеpаrеs for аn аppеаrаncе on thе iconic “60 Minutеs” show. Known for its dееp divеs into prеssing issuеs, thе upcoming еpisodе...

Crypto Frenzy: Hamster Kombat’s Potential Binance Listing and What It Means

The world’s largest cryptocurrency exchange, Binance, has hinted at something big by adding Hamster Kombat ($HMSTR) to its platform. This news has thrilled the crypto community, sparking curiosity and enthusiasm among traders and investors. The Hamster Kombat community has been eagerly waiting for the airdrop and exchange listing. After its recent listing on CoinMarketCap, Hamster Kombat has now appeared on Binance. This makes it easier for traders to access and trade the token once it’s launched. Binance’s move shows its commitment to offering a wide range of tokens to its users and strengthens its position as a top exchange. It...

Memecoin Factory Pump.Fun Bans U.K. Crypto Traders

Earlier this week, the U.K.'s main financial regulator warned Pump.fun was operating without permission. Updated Dec 6, 2024, 4:46 p.m. UTC Published Dec 6, 2024, 4:18 p.m. UTC Solana's memecoin factory Pump.fun shut off access to U.K. crypto traders Friday, citing "laws and regulations" affecting the runaway hit. The geoblock comes three days after the nation's main financial regulator, the Financial Conduct Authority, warned the platform "may be providing or promoting financial services or products without our permission." One of Pump.fun's founders confirmed a blockade had taken effect but declined to comment further. Since debuting earlier this year, Pump.fun has...

Ethereum ETFs Inflow Streak Sets Up ETH for New Lifetime Highs, Traders Say

Ethereum ETFs Inflow Streak Sets Up ETH for New Lifetime Highs, Traders Say “Given that ETH has lagged behind BTC and SOL in the current rally, its recent strength supports the case for it to retest its all-time high,” QCP Capital said. Nov 29, 2024, 10:18 a.m. UTC Ether bulls are eyeing a return to lifetime peaks. (Shutterstock) What to know: U.S.-listed spot ether ETFs attracted over $220 million in the past four days of active trading. Analysts suggest ETH could retest its all-time high due to this momentum, supported by capital rotation from bitcoin into ETH. Ethereum has recorded...

US Group Proposes Tax-Free Bitcoin Zone to Boost Digital Economy

The policy group, USABTC, has proposed the creation of a new digital economic zone (DEZ) inside the US which would remove capital gains tax from Bitcoin trades, claiming this will boost Bitcoin usage and innovation while protecting the US dollar from the threats posed by crypto. Under the proposal there would be an “exit tax” on Bitcoin to be paid when it is redeemed for fiat currency. Critics suggest it’s simply a plan to boost the use of Bitcoin layer 2 networks or an attempt to increase government control of crypto. A policy group calling itself USABTC has proposed the...

Interoperability in the Metaverse: What Does the Future of Gaming Look Like?

Interoperability is becoming increasingly significant in the expanding metaverse space. The previous generation of web3 and metaverse games suffered extensively due to the lack of cross-platform compatibility. However, new developments in interoperability are breaking these siloes and allowing platforms to offer a more immersive experience. BeInCrypto talks to Ilman Shazhaev, Founder and CEO of Farcana, about how we engage with virtual worlds and nurture the next stage of digital evolution. Breaking Siloed Gaming Ecosystems Lack of true ownership has been a persistent issue in traditional gaming. Players spend countless hours and precious dollars building characters and assets, only to have...

Bitcoin (BTC) Price Prediction (Dec 05th 2024)

Story Highlights The Bitcoin price hits $100k. A major milestone achieved by the cryptocurrency industry today. Sustained bullish action hints at a higher price target. With a historic price rally, the largest cryptocurrency in the world, Bitcoin price has achieved its prolonged price target of $100,000. Notably, this is a massive milestone for the crypto market and a stepping stone for the future of this cross-border financial system. Considering the present market sentiments, will Bitcoin continue displaying its bullish price rally? Or will this crypto token experience a major price correction with increased profit booking this month? Let’s find out...

Top NFT Brand Pudgy Penguins to Release PENGU Token

Top NFT Brand Pudgy Penguins to Release PENGU Token Pudgy Penguins is among the most popular NFT collections, and its comic penguins have a big presence on X, YouTube and Instagram. Updated Dec 5, 2024, 3:04 p.m. UTC Published Dec 6, 2024, 2:00 a.m. UTC A heavyweight from the once-hot NFT era is now getting into the cryptocurrency issuance game. Pudgy Penguins launched three years ago as a set of 8,888 NFTs depicting colorful and comical birds. Now, the team behind the project tells CoinDesk that they will release a token called PENGU this year on the Solana blockchain. Nearly...

Deribit to Migrate All Activities to Its Dubai-Licensed Entity

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...

How to Run a Bitcoin Node on a Raspberry Pi

By Mark Hunter 1 week agoTue Nov 26 2024 08:31:55 Reading Time: 3 minutes Running a Bitcoin node on a Raspberry Pi is a simple way to help the network Setup is easy with just a few pieces of equipment needed, which don’t need to be that expensive Our guide helps you get up and running at minimal cost Running a Bitcoin node is a great way to help further the cause of the world’s oldest and greatest (arguably) cryptocurrency, and the good news is you don’t have to own a mining farm to do it! Running a node helps...