Gekocrypto Global News

Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range XRP Breaks Multi-Year Resistance – Main Target Remains $2 Memecoin Trading Volume Hits $16 Billion, Sparks Liquidity Crisis in NFT Market Grayscale Bitcoin Mini ETF Overtakes BlackRock’s IBIT with $191 Million Inflows The US Presidential transition explained: Documents, ethics, and the law USD/CAD softens below 1.4250 ahead of Canadian CPI inflation data Top 6 Ways to Earn Passive Income Through Cryptocurrency in 2024 XRP or ADA, Which Altcoin Will Hit $1 First? Market Whiplash: Bitcoin Hits $103K, Then Crashes Under $98K Nigerian central bank alleges unauthorized transactions by Binance Record-Breaking $2 Million Bounty Offered To Crypto.com Hackers JAN3 CEO Samson Mow Doubles Down on $1 Million BTC Prediction Following U.S. Debt Escape Event

By Mark Hunter 2 weeks agoFri Nov 22 2024 08:16:35 Reading Time: < 1 minute Mastercard and JPMorgan have announced a collaboration to integrate blockchain technology into foreign exchange transactions The partnership aims to enhance the efficiency and transparency of cross-border payments by leveraging distributed ledger technology This initiative reflects a growing trend among financial institutions to adopt blockchain solutions for traditional banking operations ] Mastercard and JPMorgan have joined forces to incorporate blockchain technology into foreign exchange transactions, aiming to improve the speed and clarity of cross-border payments. This collaboration signifies a broader movement within the financial sector toward...

22.11.2024

JAN3 CEO Samson Mow Doubles Down on $1 Million BTC Prediction Following U.S. Debt Escape Event

Samson Mow, CEO of JAN3, has doubled down on his earlier prediction of bitcoin reaching $1 million in weeks to months. Mow states that the U.S. debt cannot be repaid, and one of the best decisions to deal with it is rebasing the price of the U.S. dollar to bitcoin. JAN3 CEO Samson Mow: The U.S. Dollar Will Have to Rebase to Bitcoin Bitcoin’s irruption in U.S. financial state policy has experts making conjectures about the digital assets’ future price increases. Samson Mow, CEO of JAN3, a company that promotes bitcoin’s adoption at a nation-state level, has recently stated that...

15.11.2024

FBS Research Examines Cryptocurrency's Impact in Hyperinflated Economies

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...

30.10.2024

All News

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down

In the final stretch of several U.S. congressional primaries, crypto-backed campaign-finance efforts are trying to add to their lists of friendly members of Congress. The industry's political action committees supported candidates in Tuesday's primaries in Washington state and Missouri, and they devoted $1.4 million in the hopes of ousting a prominent Democrat in Missouri. Support for one Arizona Democrat may be paying off, with the Yassamin Ansari's race moving to a recount with her still holding a 42-vote lead. After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting...

Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa

Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust in Digital Financial Solutions Stablecoin issuer Tether Holdings Ltd. partnered with Xion Global to advance blockchain education in South Africa. The initiative will offer educational resources like videos, case studies, and interactions with industry leaders, focusing on cryptocurrency payments. The collaboration aims to not only demonstrate the benefits of stablecoin payments but also build trust in digital financial solutions....

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,...

Discussion with Andy Biggs: Introducing Cutting-Edge Technology for Prime of Prime Trading

2024-08-06T15:28:09.217+02:00 T u e s d a y , 0 6 / 0 8 / 2 0 2 4 | 1 5 : 2 8 G M T + 2 by FM Biggs sheds light on the cutting-edge and award-winning technology that sets Finalto apart The latest advancements in prime of prime trading technology are transforming the financial landscape, unlocking new benchmarks in what is possible for performance and efficiency. In an exclusive Q&A session, Andy Biggs, Finalto’s Group Head of Risk & Trading, sheds light on the cutting-edge and award-winning technology that sets our firm apart in this highly...

Yellen calls for stronger crypto oversight in final financial report before Trump takes office

Yellen urges tighter oversight of crypto and stablecoins in FSOC’s final report. Photo: Forbes Key Takeaways Yellen calls for stronger crypto oversight in FSOC’s final report before Trump’s term. Trump’s pro-crypto appointments, including David Sacks as "Crypto Czar" and Scott Bessent as Treasury Secretary, signal a potential shift toward lighter regulation. Treasury Secretary Janet Yellen has called for stronger oversight of crypto and stablecoins in the Financial Stability Oversight Council’s (FSOC) final report under the Biden administration, according to a Bloomberg report. Yellen highlighted the growing risks these digital assets pose to the US financial system, stressing the urgent need...

London merchant in administration

Steve Absolom and Nick Holloway from Interpath Advisory were appointed joint administrators of Hitchcock & King Enterprises Limited on 31st July 2024. Trading as Hitchcock & King for more than 50 years, it is a well-known builders and timber merchant operating from six sites across London in Ashford, Burgh Heath, Fulham, Hammersmith, Streatham and Twickenham. Liquidators were appointed to Hitchcock & King Limited in September 2020 and March 2023. Interpath Advisory said that the company had faced difficult trading conditions in recent times, including the impact of rising costs and decreasing margins. Over recent months, the directors had sought to...

Why Solana Could Explode 100x As Market Gears Up For A Bull Run Amidst JetBolt Spike

Currently priced at $234.20, Solana (SOL) is gearing up for explosive growth, with crypto analysts forecasting it could hit 100x returns in the next bull run. Driven by its unmatched scalability and lightning-fast transactions, Solana’s surge further cements its place as a market leader. Meanwhile, JetBolt (JBOLT) is also shaking up the crypto space with its groundbreaking blockchain technology and game-changing presale. JetBolt’s ecosystem, already fully functional even during presale, is redefining what’s possible in crypto, pulling attention—and action—from crypto whales. As Solana’s momentum surges and JetBolt’s presale success redefines whale strategies, these two crypto powerhouses are reshaping the future...

Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025

Being an industry giant for the past 14 years, Kraken, one of the oldest centralized cryptocurrency exchanges, is planning to explore areas of blockchain technology similar to Coinbase and Binance. On October 24, 2024, Kraken published a report announcing that it will launch its own blockchain, “Ink” for both retail and institutional users. In a report, Andrew Koller, the founder of Ink said that Kraken will launch in the first quarter of 2025 to support decentralized applications that allow users to trade, borrow, lend tokens, and explore many other use cases without intermediaries. Kraken’s Ink is similar to Coinbase’s Base...

South Korea imposes new supervisory fees on top exchanges

South Korea’s financial services watchdog has slapped new supervisory fees on the country’s exchanges under a new digital asset framework. The Financial Services Commission (FSC) recently introduced the Virtual Asset User Protection Act, bringing virtual asset service providers (VASPs) under its supervisory purview. One key stipulation is that any business under the FSC’s jurisdiction must pay a supervisory fee if its annual revenue exceeds KRW3 billion ($2.2 million). According to local media outlets, the eligible exchanges will collectively pay around $120,000 to the watchdog. Upbit, which controls over 80% of the Korean market, will bear the biggest share at $103,000...

Earn passive income from home with NFTcolo’s free crypto investments

To enable people around the world to earn passive income without leaving their homes, NFTcolo is excited to launch its cutting-edge and easily accessible crypto investment service. Since its founding in 2021, NFTcolo has been leading the Crypto investment industry, combining platform diversified investment with the most advanced quantum technology to create a profitable, safe and reliable cryptocurrency investment experience. Visit the official website: https://nftcolo.com Sign up now and get a $100 bonus. E arn passive income with free investment. Key Features ： Cryptocurrency Investment: Start cryptocurrency investing without setting up your own hardware. Diversified Investments: 1. Create and sell...

What Does it Take to be a Blockchain Developer?

By Mark Hunter 6 days agoWed Aug 07 2024 09:46:49 Reading Time: 2 minutes Blockchain technology is still in its infancy despite being over a decade old Developers will shape the future of blockchain with their expertise What skills and other talents do you need to be a blockchain developer? Blockchain technology is still in its infancy despite being around for over a decade, and there is still a plethora of untapped uses for it. Developers will be the architects of blockchain’s future, and so there will be a demand for their services for some time to come. Becoming a...

Justin Sun Deposit $146M in ETH After Massive Rally— Ethereum Eye $4000 Mark

Tron founder Justin Sun’s team is catching the eyes of crypto enthusiasts in the crypto space by transferring 41,630 ETH, worth $146 million, to centralized exchanges. This move comes after Ethereum’s impressive 60% rally over the past month, soaring to $3,860. Many in the crypto community are wondering: Is Sun cashing out profits or gearing up for a bigger move? Justin Sun’s Team Offloading ETH Massively Spotonchain revealed that Justin Sun’s team has been actively transferring Ethereum into centralized exchanges. Since Ethereum’s price began climbing in November, Sun’s team has deposited a staggering 41,630 ETH, valued at around $146 million....

Litecoin (LTC) Whales Boost Exchange Inflows amid Price Decline

On-chain data indicates a sharp rise of over 464% in large holders’ netflow to exchanges within the past seven days. In the past week, there has been a notable increase in the movement of Litecoin (LTC) coins held by large investors to cryptocurrency exchanges. This uptick coincides with LTC’s declining value. The cryptocurrency is currently trading at a 15% loss over the past seven days. Large holders seem to be taking action to mitigate potential further losses amid these market conditions. Rising Selling Pressure from LTC Whales On-chain data indicates a sharp rise of over 464% in large holders’ netflow...

Ripple’s market cap hits record high of $140B, flips Tether and Solana to become third most valuable crypto asset

XRP is still 27% short of its all-time high of $3.4 that was set in January 2018. Key Takeaways Ripple's XRP market cap has surged to $140 billion, placing it as the third most valuable crypto asset. The token's rise follows positive sentiments from political changes and ongoing regulatory developments. XRP’s market capitalization has reached a new all-time high of over $140 billion, surpassing Tether and Solana to become the third-largest crypto asset by market value, CoinGecko data shows. XRP is now the third-largest crypto asset by market cap XRP has exploded in value over the past month, skyrocketing nearly...

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain trilemma of scalability, security, and decentralization. Launched in 2020, Avalanche has quickly become a major player in the blockchain ecosystem due to its unique architecture and consensus mechanism. Unlike legacy systems, Avalanche boasts a powerful blend of high transaction throughput, sub-second finality, and low fees,...

First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,961 +3.6% Bitcoin (BTC): $60,680 +5.8% Ether (ETC): $2,636 +7.7% S&P 500: 5,319.31 +2.3% Gold: $2,468 +1.9% Nikkei 225: 35,025 +0.56% Top Stories Bitcoin briefly returned to $62,000 during the Asian morning as the crypto market extended its recovery from the rout at the start of the week. BTC subsequently dropped to trade just above $60,500, over 5.5% higher than 24 hours ago. The CoinDesk...

WallitIQ (WLTQ) Dazzles Crypto Industry With $1.5 Million Raise In Days As Bernstein Analysts Identify 50,000x ROI Potential

You are here: Home / News / WallitIQ (WLTQ) Dazzles Crypto Industry With $1.5 Million Raise In Days As Bernstein Analysts Identify 50,000x ROI Potential The trending WallitIQ (WLTQ) project has been a revelation since emerging in the crypto industry. The AI-driven altcoin has exceeded the crypto community’s expectations with its scintillating performance. In only a few days, WallitIQ (WLTQ) raised a whopping $1.5 million in its presale and is still fast recording an influx of crypto whales and retail investors. Bernstein analysts have further identified a 50,000x ROI potential for early investors, which has led to the massive demand...

USD/CAD extends losses to near 1.3750 as Oil prices rise due to supply concerns

USD/CAD loses ground due to higher WTI price amid escalating supply fears. Israel Defense Forces (IDF) intercepted around 30 "projectiles" that crossed from Lebanon early Monday. CME FedWatch Tool suggests a 46.5% chance of a 50-basis point Fed-rate cut in September, against 74.0% a week ago. USD/CAD continues to lose ground for the seventh consecutive session, trading around 1.3730 during the early hours on Monday. This downside is attributed to the improved Canadian Dollar (CAD) following the higher crude Oil prices, given the fact that Canada is the biggest crude exporter to the United States (US). West Texas Intermediate (WTI)...

This Week in Crypto: NFT Trading on TON, Binance Delists Altcoins, GOAT Hits New Highs

This week in the crypto market, BeInCrypto highlights the community’s attention on the news, such as a 400% increase in NFT trading activity on the TON network in Q3 and Binance’s delisting of 4 altcoins, leading to significant price drops. Additionally, the value of GOAT tokens in the crypto wallet linked to the AI-driven X account “Terminal of Truths” has surpassed $1.3 million. The community is also focused on an ECB economic expert report criticizing Bitcoin’s price surge. Lastly, Russian President Putin announced plans to integrate digital assets into BRICS’ investment payment system. NFT Trading on Telegram Surges by 400%...

Bitcoin falls back below $91,000 as the crypto market's Trump rally goes backwards

Photo: Chesnot (Getty Images) Bitcoin’s price fell back to $91,000 Tuesday afternoon as the leading cryptocurrency reversed course on some recent gains following Donald Trump’s election win. Suggested Reading Trump's cabinet picks aren't ready to 'make nice' and that reality will set in soon, strategist says Suggested Reading After surpassing $98,000 last week, the cryptocurrency’s value dropped more than 6% in the past 24 hours. The reversal has temporarily dashed hopes of Bitcoin hitting the $100,000 mark this week. And when Bitcoin sinks, other popular digital assets tend to follow suit. Over the last day, Ethereum — the second-largest coin...

South Korean CEO Arrested in $366M Crypto Fraud Case

The fraud has had a severe impact on elderly investors, many of whom were not familiar with cryptocurrency. In a startling development, Byun Young-oh, the CEO of South Korean tech company Wacon, has been taken into custody in connection with a massive cryptocurrency fraud. The alleged scam, centered around Ethereum investments, is said to have defrauded more than 500 individuals, leading to significant financial losses, said to involve approximately $366 million. Details of the Fraud As reported by local Korean news media iNews24, Byun Young-oh, along with an accomplice named Yeom, is accused of operating a Ponzi scheme disguised as...

Moonveil secures $9 million in extended Pre-Series A funding

Moonveil to enhance web3 gaming with new infrastructure and community initiatives. Key Takeaways Moonveil has raised a total of $9 million in funding following a Pre-Series A round. The funding will support infrastructure development and community building for Moonveil's web3 gaming platform. Layer-2 gaming ecosystem Moonveil has completed a Pre-Series A funding round, raising its total funding to $9 million. The round saw participation from prominent blockchain venture capitals including Spartan Group, Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. According to Moonveil’s announcement, the funding will primarily be used for the development of Moonveil’s infrastructure and...

Popular

Mastercard and JPMorgan Partner to Bring FX to the Blockchain