Gekocrypto Global News

Most Promising Cryptos in December 2024 That Could Bring High Profits Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit Vitalik Buterin Predicts Imminent Breakthrough in Ethereum Layer-2 Interoperability Challenges El Salvador’s Bitcoin City port transformation secures $1.6 billion investment Liquor giant Brown-Forman’s stock rises as it signals growth ahead despite market challenges Immutable to Retire its NFT Marketplace WTI continues to rise toward $69.00 due to improved demand outlook in China Bitcoin’s Hidden Bullish Signal: Why Whale Withdrawals Could Skyrocket Prices? Doodles Launches DoodlesTV Elon Musk's Neuralink gets approval to test whether its brain chip can control a robotic arm XRP Price Targets $1.60 Breakout: Is The Bull Run Back? Grayscale adds Sui and Bittensor trusts to its crypto product suite

El Salvador President Nayib Bukele announced that Turkish company Yilport Holdings will invest $1.6 billion—the largest private investment in the nation’s history—to upgrade two ports, including one in the home of the proposed Bitcoin City, according to an Aug. 12 video statement. Bukele’s video revealed that Yilport would be upgrading the ports at Acajutla and La Unión — the latter being the site of the proposed Bitcoin City. President Bukele announced that this investment marks the third phase of his government’s economic development program, focusing on logistics. He emphasized that this investment would create “new and improved trade opportunities” for...

12.08.2024

Congress' Prithviraj Chavan seeks 100 pc VVPAT verification; claims EC has something to hide

Congress' Prithviraj Chavan seeks 100 pc VVPAT verification; claims EC has something to hide PTI Last Updated: Dec 01, 2024, 07:02:00 PM IST Synopsis Prithviraj Chavan, former Maharashtra chief minister, demands 100 per cent counting of VVPAT slips after losing in the recent assembly elections. He alleges the Election Commission of India has something to hide. Chavan supports social activist Baba Adhav, who protested against EVM 'irregularities' and money power in politics. Chavan plans to discuss the issue with the Election Commission. Prithviraj Chavan Senior Congress leader and former Maharashtra chief minister Prithviraj Chavan on Sunday batted for 100 per...

01.12.2024

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

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Coinbase Halts USDC Rewards for EEA Residents

By Mark Hunter 4 days agoSat Nov 30 2024 08:29:04 Reading Time: 2 minutes Coinbase has announced the discontinuation of its USDC Rewards program for customers in the EEA region, citing new MiCA regulations The program will officially end on December 1, with the final rewards payout expected in early December Other stablecoin issuers, like Tether, have also made adjustments to comply with MiCA’s stringent requirements for cryptocurrencies Coinbase has informed its European Economic Area (EEA) customers that the USDC Rewards program will cease due to compliance with the European Union’s new Markets in Crypto-Assets (MiCA) regulation. An email to...

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...

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,...

Binance Price Prediction: BNB Coin Price Targets $800 This Q4?

As the bitcoin price records a new high every day, the altcoin market has experienced a similar price action by adding significant value to their portfolio this week. With this, the Binance price is less than 20% from hitting a new high. Will the BNB price continue trading under a bullish sentiment and achieve a new all-time high (ATH) this year? Find out as CoinPedia’s expert panel has forecasted a possible price analysis just for you! Make or Break Situation For BNB Coin Price? With a jump of ~4% in valuation over the past seven days, the Binance token continues...

Top 5 Liquid Staking Platforms With the Highest APY in 2025

You are here: Home / News / Top 5 Liquid Staking Platforms With the Highest APY in 2025 The blockchain era has brought new ways to earn passive income and liquid staking is one of the coolest. With liquid staking you can earn rewards on staked crypto without sacrificing liquidity, making it a preferred choice for crypto fans. Among the many crypto staking platforms making this happen is STAKING AI, the leader in delivering high-APY opportunities with added benefits. This article compares STAKING AI with 4 other platforms and explains why STAKING AI remains the go-to choice for stable returns...

London Capital Group, Tickmill, Sucden Financial, and More: Executive Moves of the Week

2024-09-29T08:00:00.000+02:00 S u n d a y , 2 9 / 0 9 / 2 0 2 4 | 0 6 : 0 0 G M T by Jared Kirui Sucden Financial, BME Exchanges, and Global Market Index UK posted significant executive appointments this week, while Tickmill and Trading Pit's Former executive founded a new marketing agency. Although the week featured a relatively modest number of executive appointments and promotions, Sucden Financial, The Trading Pit, BME Exchanges, and Global Market Index UK saw significant changes to their top leadership teams. Bloomberg's veteran Rob Noyce assumed the role of Head of...

Massive Whale Transfers: Dormant Bitcoin Wallet Activation As BTC Hits $100K

You are here: Home / News / Massive Whale Transfers: Dormant Bitcoin Wallet Activation As BTC Hits $100K Dormant Bitcoin Wallet Activated After 13 Years Bitcoin Worth $1.02M Reactivated from 2012 Wallet Massive Bitcoin Whale Transfer Sparks Market Speculation Bitcoin transactions have increased as dormant wallets reactivate and whales transfer millions. A 50 BTC wallet inactive since 2011 resurfaces, and 1,400 BTC is moved between unknown wallets. This highlights blockchain activity and market dynamics. Dormant wallet transfers 50 BTC Worth $5.16M A BTC wallet with 50 bitcoins worth $5.16 million was reactivated after being dormant for 13 years. The account...

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...

US Dollar starts the week neutral, inflation data to set the week's pace

USD steady course remains unaffected by geopolitical tensions despite the lack of substantial fundamentals. Fed officials maintain positive projections of the US labor markets amid looming concerns of slow job growth. The market maintains the previous week's predictions; the first rate cut is anticipated in September with marginally lower odds. The US Dollar (USD), measured by the US Dollar Index (DXY), indicated continuous horizontal movement above the 103.00 level during Monday's trading session. This follows relatively quiet market sentiment and unaltered US stock index futures, with the 10-year US yield sticking close to 4% in the earlier part of the...

Shift from crypto to cash-margined contracts continues post-2024 halving

Shift from crypto to cash-margined contracts continues post-2024 halving News Desk · 1 month ago On-chain Highlights DEFINITION: The percentage of futures contracts open interest that is margined in the native coin (e.g. BTC), and not in USD or a USD-pegged stablecoin. Bitcoin’s percentage of crypto-margined futures open interest on all exchanges shows notable fluctuations. The percentage declined from around 23% in January 2024 to approximately 20% by mid-February, aligning with a rising Bitcoin price. Notably, after the April 2024 halving, the metric saw heightened volatility, spiking above 27% before retreating below 24% by June. Bitcoin: Percent Futures Open Interest...

Your Guide to Crypto Tax in 2024

By Mark Hunter 1 day agoMon Aug 12 2024 08:53:41 Reading Time: 3 minutes The IRS has revealed a draft of its updated 1099-DA form for reporting crypto gains The new form has simplified requirements, removing the need for wallet addresses and transaction IDs This change has prompted a revision of top tips for completing crypto taxes in 2024 The Internal Revenue Service (IRS) recently revealed a draft of its updated 1099-DA form, which it says offers more “ease and clarity” when it comes to reporting your crypto gains. This includes scrapping demands to know crypto wallet addresses , transaction...

Ripple (XRP) Continues its Ascent, Surpassing Solana and USDT in Market Cap

This article will analyze the event that XRP surpassed Solana and USDT in market cap to become the 3rd largest cryptocurrency, just below BTC and ETH. We will consider the factors contributing to the recent increase in XRP price, from activities of Ripple Labs to XRP ETF news. Then, we will evaluate the sustainability of this trend and forecast XRP’s future. 1. XRP Surpassed Solana and USDT in Market Capitalization: a Significant Milestone in the Cryptocurrency Market On December 1, 2024, a notable event shook the cryptocurrency market: Ripple’s market capitalization surpassed both Solana and USDT. Source: coinmarketcap.com According to...

‘You Won’t Believe What Hopefully Comes Next’: Trader Says Ethereum Primed To Hit New All-Time High and Beyond

A popular analyst known for his timely crypto calls says Ethereum (ETH) may soon be heading for new all-time highs. Pseudonymous trader Pentoshi tells his 799,900 followers on the social media platform X that the top altcoin by market cap may be gearing up for another leg up as demand increases for spot ETH exchange-traded funds (ETFs). “ETH new yearly highs on deck. We did it. You won’t believe what hopefully comes next… ETH now at $4,000. Yearly highs next. Have discussed the early changes of the ETF and now the accelerating pace. No reason to think we don’t see...

Nigerian Witness Says Binance Users Operate Under False Identities

A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw Nigerian naira (NGN), a regulated activity, Binance is in violation of local laws. Money Laundering Charges A deputy director at the Central Bank of Nigeria (CBN) testified in a local court that many Nigerians using the cryptocurrency exchange Binance employ false identities. Olubukola Akinwumi, head of Payment Policy and Regulation, gave his testimony during the ongoing money laundering trial against Binance and Tigran...

‎HKEX: Riyadh office to boost dialogue with regional markets

18/11/2024 Argaam Special Bonnie Chan, CEO of Hong Kong Exchanges and Clearing (HKEX) Bonnie Chan, CEO of Hong Kong Exchanges and Clearing (HKEX) Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited (HKEX), confirmed that opening an office in Riyadh is a significant strategic step driven by increased demand to strengthen cooperation and continue dialogues between Hong Kong and the Middle East markets. In an interview with Argaam during the Future Investment Initiative (FII) conference, Chan explained that this move will help build deeper and more sustainable relationships with companies and financial institutions in Saudi Arabia, where more than...

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...

Michael Saylor Reacts Bullishly To Tom Lee’s $100K BTC Remark!

The co-founder of the MicroStrategy, Michael Saylor, has recently shared a part from the recent appearance of Tom Lee on the CNBC Squawk Box show on his “X” handle. The Fundstrat’s co-founder notably made a bullish Bitcoin price prediction by expecting it to reach a “six-figure” level in 2024. Further, Tom Lee told the CNBC show hosts that Bitcoin is “potentially a Treasury Reserve asset” for the U.S. considering that if the adoption process is fastracked, it can potentially help the U.S. reduce the budget deficit. Michael Saylor reacted to that message of Lee by adding his point of view...

Bitcoin Is Flying High—These Countries Are Considering a National Reserve

Some countries are mulling a national Bitcoin reserve amid a historic market run-up that has pushed the world’s largest cryptocurrency to new heights in recent weeks. United States President-elect Donald Trump and his allies have repeatedly thrown their support behind a bill to stock the Federal Reserve with the asset, and will soon be in position to potentially make that a reality. Government officials in Brazil have also put forth legislation to realize that possibility, while politicians in Poland and Russia have endorsed the idea of adding the digital currency to their nations’ balance sheets. El Salvador led the charge...

Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall

Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall Traders are rotating profits as bitcoin's rally stalled out, allowing the second largest crypto to shine for at least a little bit. Updated Nov 26, 2024, 2:27 p.m. UTC Published Nov 25, 2024, 8:34 p.m. UTC After a prolonged downtrend relative to bitcoin (BTC), Ethereum's ether (ETH) is showing signs of a resurgence. ETH, the second-largest cryptocurrency on the market, gained over 4% in the past 24 hours, while BTC lost 1.5% during the same time, dipping below $95,000 during the Monday session. ETH even outperformed the broad-market...

‎19 Tadawul-listed firms disclosed H1 results pre-trading today

Nineteen Tadawul-listed companies disclosed H1 2024 financial results following the close of trading on Aug. 7 and before the start of trading today, Aug. 8. As many as 11 market players reported a profit rise, three recorded an earnings decline, while five others sustained losses. Financial Results of Announced Companies (Million Riyal) The reporting season ends on Aug. 11. Call Request Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also...

Ethereum Momentum Builds: 10% Surge Sparks ATH Hopes

Breaking out of an eight-month downward trend, Ethereum (ETH) is back in the news. This marks a major turning point for the second-largest cryptocurrency by market capitalization. The coin rose more than 5% in a single day, reaching $3,525, and has gained 38% in the last 30 days. Analysts are buzzing, implying that ETH still has a lot of upside potential as it continues to rise. This latest breakthrough has inspired more general market confidence. ETH has risen by 10% over the past week, therefore confirming its dominance in the crypto scene. Technical analysts like Logical Trader say that this...

BINANCE COIN PRICE ANALYSIS & PREDICTION (July 11) – BNB Meets Resistance After A Week Recovery, Incoming Drops?

A n additional 2% gain in the past 24 hours has sustained BNB’s bulls in the latest recovery. While it traded in a green zone over the past few days, the trend remains bearish daily with no signs of reversal yet. Breaking lower this month, BNB found support after rejecting the $455 low a week ago. It bounced back and it is now trading at a resistance of $536 – the May support level that flipped during last week’s crackdown. The price appeared strong on the day despite a slight rejection but the bulls’ commitment seemed not enough to push...

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El Salvador’s Bitcoin City port transformation secures $1.6 billion investment