Gekocrypto Global News

Best Crypto to Buy Now: Qubetics 65,000% ROI Gains Traction, Algorand Fuels Blockchain Adoption, and Cosmos Makes a Comeback ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk? Flare Network Burns 66M FLR Tokens: Could This Be the Turning Point for FLR Price Crypto price predictions: HBAR, iDEGEN, Bitcoin Bitcoin market caution: Is a 30% BTC pullback coming? Solana posts 42x revenue increase in Q2: Can Q3 keep up? Bitcoin vs Ethereum: Can ETH outperform BTC in 2025? Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong Italy will drop plans to increase tax on crypto capital gains Binance, WazirX Named in India’s $97M Crypto Tax Investigation: Report Bitcoin to Break $100K in December? Explore 5 Cryptos for Your Next Major Investment! Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

You are here: Home / News / Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? Bitcoin dominance drops 10%, signaling a shift toward altcoins as they gain momentum and market share in the coming weeks. As Bitcoin’s dominance weakens, altcoins are surging, presenting new opportunities for investors looking to diversify. With BTC dominance declining, altcoins are rising rapidly, marking a shift in market focus towards alternative cryptocurrencies. Egrag Crypto presented the Bitcoin Dominance Index demonstrating the trends and tendencies that indicate the increase of the altcoins’ dominance. As pointed out by the analyst in the recent X...

03.12.2024

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

The crypto market is a rollercoaster, and no one knows this better than the hackers who thrive on its volatility. On August 5th, as Ethereum (ETH) took a dramatic plunge, a select group of cybercriminals saw a golden opportunity. With ETH prices plummeting over 20%, these criminals poured millions in stolen crypto into the market. Here’s more on this. Return of the Pancake Bunny Hackers Blockchain security firm PeckShield revealed a shocker. The hackers from the 2021 Pancake Bunny hack are back. They bought 2.922K ETH with a huge 7.8M DAI. These guys stole $46 million back in 2021, crashing...

05.08.2024

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

All News

Trump won’t sell US BTC if elected, what about seized assets?

Donald Trump intends to make the United States the crypto capital of the planet. The former president promised this and more during a speech at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27. But some of the Republican Party candidate’s comments may have caused consternation among cryptocurrency advocates. While Trump’s speech largely focused on Bitcoin BTC $58,977 and the community surrounding it as a positive force for America, he did lay out some specifics. Chief among his promises was that the US wouldn’t part with its current Bitcoin stockpile if he is reelected. According to Trump: “For too...

Developing nations hold key to AI, blockchain’s next frontier

Homepage > News > Business > Developing nations hold key to AI, blockchain’s next frontier This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. As artificial intelligence (AI) and blockchain continue to deepen their impact on the global economy, developing nations are emerging as the driving force behind some of the most transformative digital innovations. Once viewed simply as regions to “modernize,” these countries are leading the charge, finding unique applications for AI and blockchain that address local needs and bypass...

A Guide To Ethereum Wallets: What They Are And How To Use One

leading cryptocurrencies. Getty Images Ethereum Ethereum -1.3% wallets are essential for anyone interested in managing and securing digital assets like tokens and NFTs on the Ethereum network, the world’s leading proof-of-stake blockchain with a market capitalization that peaked at over $500 billion in 2021. This guide will explore what Ethereum wallets are, why they are used and the different types available. Whether you're a beginner or an experienced user, this article will help you understand why they are important, how to choose the right one, how to stay safe and the steps to set one up and use it effectively....

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 Record Positive Inflows, Overtaking BTC Fund Flows: Could This Be a Turning Point?

Ethereum ETFs recorded a daily inflow of US$33.7 million, overtaking Bitcoin ETFs which saw US$18.3 million outflows. BlackRock’s ETHA fund outperformed its Bitcoin counterpart, indicating strong investor interest in Ethereum. Despite the positive fund flow, Ethereum’s price dropped by 3% on its ninth anniversary. Data from Farside shows that we may be at a turning point for the Ethereum exchange-traded funds (ETFs). The Ether funds have just managed to overtake the Bitcoin funds in total daily flows. While BTC funds saw combined outflows on 30 July of US$18.3 million (AU$28m), the Ethereum funds managed inflows of US$33.7 million (AU$51.57m). Related:...

UK Economy Secretary Offers More Details on Blockchain Bonds

By Mark Hunter 1 week agoTue Nov 26 2024 08:00:24 Reading Time: 2 minutes The UK government’s Economic Secretary has announced plans to pilot a Digital Gilt Instrument using distributed ledger technology The initiative seeks to test the technology’s potential to improve efficiency, resilience, and transparency in government debt issuance Tulip Siddiq MP highlighted the UK’s ambition to lead in financial innovation and blockchain technology The UK’s Economic Secretary, Tulip Siddiq, recently outlined the government’s plans to trial bonds on the blockchain . In a keynote speech delivered at the Tokenisation Summit last week but published yesterday , Siddiq described...

BNB Breaks All-Time High, Analyst Predicts $1,630 Surge

You are here: Home / News / BNB Breaks All-Time High, Analyst Predicts $1,630 Surge Binance Coin (BNB) surgеd ovеr 20%, rеаching аn аll-timе high of $784, brеаking rеsistаncе lеvеls. Anаlyst Ali Mаrtinеz projеcts BNB could еxtеnd its rаlly to $1,630 with sustаinеd mаrkеt momеntum. BNB’s Accumulаtion/Distribution linе climbеd to 585.62 million, indicаting strong buyеr intеrеst аnd momеntum. Binance Coin (BNB) еxpеriеncеd а significаnt incrеаsе of morе thаn 20% in thе pаst 24 hours, rеаching а nеw аll-timе high of $784. Thе pricе lеаp brokе through а significаnt rеsistаncе lеvеl thаt hаd pеrsistеd for months, signаling thе еnd of its...

Coinbase scraps Turkey plans, wants to dump AML laws

Homepage > News > Business > Coinbase scraps Turkey plans, wants to dump AML laws The Coinbase (NASDAQ: COIN) exchange has hit reverse on its Turkey licensing plans for as-yet unexplained reasons, while its increasingly cocksure CEO thinks crypto firms shouldn’t be subject to anti-money laundering (AML) laws. On December 1, Turkish media reported that Coinbase had withdrawn its ‘pre-application’ to serve local customers with the local government’s permission. Coinbase also requested the liquidation of its Turkish subsidiary, Coinbase Turkey Yazılım Teknolojileri AŞ. The company played coy with its reasoning, saying only that it “remains adaptive to evolving market conditions,...

Forget about Ethereum ETFs — Here's what you can do instead

Ignore the hopium. Staking isn’t coming to spot Ethereum ETH $2,642 exchange-traded funds (ETFs) anytime soon — and probably not until United States regulators take a softer stance on crypto. That leaves retail investors with few options. For now, staking on a regulated spot exchange — such as Coinbase or Gemini — is a better choice. Spot ETH ETFs — which finally listed on US exchanges in July — are supposed to set the gold standard for ETH investing. In many ways they did. High liquidity, low fees, robust investor protections, and easy accounting make a strong case for funds...

Telegram Prepares To Introduce NFT Conversion Feature For Gifts: Report

You are here: Home / News / Telegram Prepares To Introduce NFT Conversion Feature For Gifts: Report Telegram is expanding its blockchain capabilities by converting limited-edition Gifts into NFTs. The newly introduced Gifts feature allows users to send custom messages and convert them into Stars. Despite the broader NFT market slump, Telegram is confident in the future of NFTs and digital ownership. According to recent statements from Telegram CEO Pavel Durov, the messaging service is gearing up to expand its blockchain capabilities with a new non-fungible token (NFT) feature. This is after the platform released its “Gifts” feature, which lets...

BNB Chain network booms – So why does the altcoin continue to struggle?

Journalist BNB Chain has seen incredible network traction, hitting 463.7M unique addresses. Overall, weak sentiment could drag BNB to $500 or below. The Binance [BNB] chain has maintained the lead on key network growth, ranking first on total unique addresses in August. According to recent data , the chain’s unique addresses hit 463.7 million. The chain also ranked fourth in total transactions, with 209 million transactions in July. Source: Coin98 This indicated increased network traction, which isn’t surprising given the chain’s active Binance Launchpool and Launchpad projects. Interestingly, an uptick in the Binance network also coincided with its record price...

Speculative traders dominate Ethereum market – Bullish or bearish for ETH?

contributor Posted: November 20, 2024 Share this article Ethereum reserves on derivative exchanges have surged to the highest level in more than a year as speculative activity rises. Rising open interest also suggests traders are increasingly betting on Ethereum’s future price moves. Ethereum [ETH] has struggled to keep up with the performance of Bitcoin [BTC] and other top altcoins because, in the last seven days, it has dropped by 6% to trade at $3,123 at press time. Ethereum’s failure to break from bearish trends stems from the lack of adequate demand to counter selling pressure. As AMBCrypto reported , sellers...

‎Banan to debut on TASI on Dec. 9

Logo of Banan Real Estate Co. Banan Real Estate Co. will begin trading on the Main Market (TASI) on Dec. 9, 2024, under the symbol 4324 in the real estate management and development sector. The stock will have a 10% daily price fluctuation limit. For more news on listed companies Trading in Banan shares was suspended on Dec. 4, 2024, to complete the transfer process. Last November, the Saudi Exchange (Tadawul) approved Banan’s request to move from the Nomu-Parallel Market to the TASI. Banan was listed on Nomu in August 2021. The company has a capital of SAR 200 million,...

Japanese village leverages NFTs to tackle woes tied to aging population

The Japanese village of Yamakoshi is utilizing non-fungible tokens (NFTs) to address the challenge of an aging population by raising awareness of the issue and generating nearly half a million dollars along the way. The village is offering digital citizenship to holders of its digital collectibles, the Nishikigoi NFT collection, named after a koi carp breed indigenous to the region. Since the collection’s launch in 2021, at the height of the NFT craze, Yamakoshi has attracted just over 1,700 digital citizens to bolster its dwindling population figures. To date, the collection has netted the little village around $423,000 with the...

Judge rules that adjudicators can hear legacy defect claims

A "hugely significant" legal judgement has paved the way for decades-old cladding-related disputes to pass through the adjudication system. A High Court judge this week sided with BDW Trading - property developer Barratt Developments’ main trading arm – in a £14.5m dispute over building defects on a 2002 contract with contractor Ardmore. Ardmore had refused to pay up after an adjudicator earlier this year ruled that it was liable for building defects on the scheme to build and apartment block in Basingstoke. The contractor had argued that the adjudicators did not have the jurisdiction to bring the case because it...

PEPE Cryptocurrency Sees 17% Crash, But Whales Bet Big on Tenfold Surge Ahead

You are here: Home / News / Altcoin News / PEPE Cryptocurrency Sees 17% Crash, But Whales Bet Big on Tenfold Surge Ahead In recent weeks, PEPE, a meme cryptocurrency inspired by a famous cartoon frog, has captured significant attention in the crypto market. Since June 6, the token’s supply has decreased from 171.93 trillion to 170.18 trillion, coinciding with a 17% price crash. Despite this downturn, large-wallet investors have shown increased interest in accumulating PEPE. An unknown cryptocurrency investor has recently acquired 231.6 billion tokens from Kraken for $2.9 million. This purchase adds to their total acquisition of 750.34...

California DMV digitizes 42 million car titles on the blockchain

The California Department of Motor Vehicles (DMV) is putting over 40 million car titles on the blockchain in a digital push. The DMV has partnered with blockchain startup Oxhead Alpha on the initiative, which aims to modernize one of America’s most notorious government services. According to an oft-cited study, queueing at the DMV is the wait that Americans hate the most, topping waiting at hospitals, retail outlets, and fast-food restaurants. According to sources at Oxhead, the first step was creating digital tokens for the 42 million car titles on the blockchain, which the DMV has already completed. It’s currently building...

U.S. Spot Ethereum ETFs Register ATH Daily Inflows Amidst ETH Price Rally

U.S.-based spot Ethereum ETFs on Friday recorded their highest single-day inflows since trading began in July of this year, adding nearly $333 million in value following the market’s closed on Thursday. BlackRock’s ETHA, added over $250 million in value alone, and Fidelity’s FETH, logged about $79 million. Grayscale’s ETH fund added $3.4 million, while no other funds registered significant inflows or outflows. The record day comes after nearly 40% gain in ether’s price over the past month. Ethereum’s price is currently hovering around $3,682, up over 2% in the last 24 hours. We'd Love to Hear Your Thoughts on This...

Crypto week ahead: What to expect after recent BTC, ETH rebound

Journalist Coinbase projected a positive market shift, cautions about US CPI impact. QCP Capital supported the bullish outlook for BTC. According to Coinbase analysts, the crypto market could extend its recovery in the near term after a massive liquidation scenario following Bitcoin’s [BTC] dip to $49k on 5th August. Per the analysts’ weekly commentary, the plunge flushed out long positions, allowing a ‘cleaner positioning’ that could boost the market. ‘Cleaner positioning could be a positive technical indicator for crypto, in our view…This may indicate that the market could be done pricing-in pessimism.’ As of press time, traders’ sentiments in the...

Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details

Shortly after surging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no significant price action over the last day. With growing speculations over the altcoin’s next price movement, CryptoQuant analyst Burak Kesmeci has shared a report that suggests a sustained price rally by Ethereum. US Election Results Drive Ethereum Active Addresses To 417,000 Following the US elections of November 5, Ethereum, alongside a host of other cryptocurrencies, has experienced massive price gains driven primarily by the emergence of pro-crypto candidate Donald Trump as the US President-elect. According to Burak Kesmeci, the results of...

BitGo Secures Major Payment Institution License in Singapore

BitGo’s entry into Singapore comes at a time when the island nation is cementing its position as a cryptocurrency leader in Asia. California-based crypto custody firm BitGo has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This regulatory greenlight marks a major milestone in the company’s expansion into the Asian market. With this license, BitGo can now legally offer a range of digital payment token (DPT) services, like custody and trading, to its Singaporean customers. The acquisition of this license follows BitGo’s earlier in-principle approval (IPA) from MAS, which had already signaled the company’s...

Bitcoin dips to $53K after Bank of Japan’s rate hike, Ether follows drop as global market panic ensues

Crypto selloff accelerates as global markets react to Bank of Japan rate hike and Fed uncertainty. Key Takeaways Bitcoin and Ether have significantly declined, with Bitcoin at $53K and Ether losing all year-to-date gains. Japan's rate hike has had a cascading effect on global markets, including significant drops in the Nikkei and Nasdaq. Bitcoin and ether prices plummet amid a broader market selloff, with BTC falling to $53K and ETH erasing 2024 gains as panic grips global financial markets following the Bank of Japan’s interest rate hike. The selloff accelerated during Sunday evening US hours, pushing Bitcoin to levels not...

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Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?