Gekocrypto Global News

OKX Ventures and Aptos Foundation launch $10m ecosystem fund Celebrity Memecoins: The Rising 2024 Crypto Trend and Its Significant Risks Miracle Estate Breaks Ground on Project Aimed at Solving Cyprus’s Real Estate Challenges with NFTs SUI price prediction as Poodlana enters final 7-day countdown Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be Coming WTI continues to rise toward $69.00 due to improved demand outlook in China Did MicroStrategy Buy Bitcoin Over the Weekend? Rumors Point to a Major BTC Accumulation! Binance Coin hit hard: BNB loses 31%—Brace for more pain? Tezos (XTZ) Poised For Huge Uptick: Analyst Predicts Surge to $3.95 Binance Executive Released from Nigerian Custody, Money Laundering Charges Dropped Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins Sonic Labs nears mainnet launch after completing airdrop snapshot

Bitcoin traded above $60,000 on July 14 as an assassination attempt on United States presidential candidate Donald Trump sparked BTC price volatility. BTC/USD 1-hour chart. Source: TradingView BTC price spikes above $60,400 Data from Cointelegraph Markets Pro and TradingView tracked a crypto market surge as news of the attack, which Trump survived, came in. Local highs of $60,423 on Bitstamp marked Bitcoin’s BTC $58,977 highest value since July 4. Amid uncharacteristically strong performance for a weekend, traders looked to the weekly close and start of legacy market trading for proof that the rally had legs. “$60,500 reclaim would be awesome...

14.07.2024

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

Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins

Bitcoin hit a one-month high price, surging 5.5% over the past 24 hours. Solana rose 8%, topping $170 for the first time since early June. Crypto observers highlight the resiliency of decentralized blockchains as a malfunctioning software update caused worldwide disruptions in IT systems. The crypto rally resumed on Friday with bitcoin (BTC) notching its highest price in a month, while the world grappled with a major IT outage. BTC started rising from $64,000 during the early U.S. trading hours and broke above $67,000 later in the day for the first time since June 17. The price increase was accompanied...

19.07.2024

All News

Franklin Templeton Brings Tokenized Money Market Fund to Arbitrum

Asset management mogul Franklin Templeton has collaborated with Arbitrum Foundation to launch its Franklin OnChain US Government Money Fund (FOBXX). The collaboration signifies growing institutional interest in further integrating traditional finance (TradFi) into decentralized finance (DeFi). Franklin Templeton Expands DeFi Push with Arbitrum Tokenized Fund The launch, announced on August 8, allows investors to utilize Franklin Templeton’s blockchain-integrated recordkeeping system, Benji, for the FOBXX fund. Retail investors can access the instrument through the Benji Investments mobile app, while institutional investors have to use the Benji Institutional web portal for their transactions. FOBXX initially debuted on the Stellar in April 2021,...

600% Hike Pushes Hedera (HBAR) Open Interest to All-Time High, Traders Expect More

Hedera (HBAR) open interest has hit a new all-time high following its 600% price increase in the last 30 days. This rise signifies the highest trader interaction with the token since its inception. Looking ahead, several key indicators suggest HBAR’s price rally and bullish momentum may persist. Based on this on-chain analysis, here is what could be next for the cryptocurrency. Hedera Has Traders’ Attention on Lock Some days back, BeInCrypto reported how HBAR’s open interest surged to $220 million. But as of this writing, the same indicator, according to Glassnode, has risen to $417.98 million. OI, as it is...

Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment

The shares rose 30% after executives discussed fiscal first-quarter earnings on a conference call. Nov 27, 2024, 4:58 p.m. UTC Bitcoin miner IREN (IREN) rose nearly 30% on Wednesday after executives said the company had received interest from an artificial intelligence (AI) firm and mentioned a potential dividend in BTC during an earnings conference call. The Sydney-based company has been approached by a hyperscaler firm (large cloud service provider) for potentially hosting computing infrastructure at IREN's Sweetwater mining site in Texas, co-CEO and co-founder Daniel Roberts said on the call. "Two hours ago, we got an email from a trillion-dollar...

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...

Bitcoin, Shiba Inu Trade at Steep Discount on WazirX after Hack

The Bitcoin/Rupee trading pair on WazirX has dropped 22% in the past 24 hours, significantly more than on other local exchanges like CoinDCX and Zebpay, where prices fell by 2%. This highlights signs of immense selling pressure and poor liquidity on the exchange. After a major hack of Indian crypto exchange WazirX on Thursday, the price of stolen altcoins like Shiba Inu came crashing down. However, it turns out that Bitcoin and other altcoins were also trading at a steep discount on Friday, July 19. On Friday, almost all of the tokens on WazirX traded at a steep discount to...

Pawfury (PAW) Stage 4 Sold Out, Investors Rushing To Buy Final Stages

In the rapidly evolving world of cryptocurrency, Pawfury (PAW) has emerged as a frontrunner, achieving a significant milestone with the successful completion of its presale’s fourth stage and the simultaneous launch of its eagerly awaited DeFi Wallet. This development marks a pivotal moment in the project’s growth, blending cutting-edge technology with strategic foresight. The recent launch of the Pawfury Wallet, especially during the presale phase, underscores the project’s commitment to decentralized finance (DeFi) and elevates its standing in the competitive crypto market. As investors eagerly snapped up PAW tokens, the successful closure of the fourth stage of the presale signals...

SEC Expected to Drop Ripple-XRP Lawsuit: Ex-Regulator Foresees Crypto-Friendly Shift

Former CFTC Chair boldly predicts the SEC will drop its Ripple lawsuit, heralding a regulatory shift that could ignite a major rally for XRP. Former CFTC Chair Bets SEC Will Drop Ripple-XRP Lawsuit Under Incoming Crypto-Friendly Admin Former U.S. Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, known as “Crypto Dad” for his support of blockchain technology, discussed the high-profile U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple over XRP during an interview on Fox Business this week. The SEC has accused Ripple of violating securities laws by issuing XRP, with a federal court ruling part of the issuance...

Crypto Daybook Americas: It's Glass Half Full Despite Record Short Bitcoin ETF Volume

Your day-ahead look for Dec. 6, 2024 Updated Dec 6, 2024, 3:16 p.m. UTC Published Dec 6, 2024, 12:00 p.m. UTC What to know: You are currently viewing Crypto Daybook Americas, your new morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. In the coming weeks, this daily update will replace the First Mover Americas newsletter, and arrive in your inbox at 7 a.m. ET to kickstart your morning with comprehensive insights. If you're not already subscribed, click here. You won't want to start your day without it. By Omkar Godbole (All...

Bitcoin (BTC) on the Verge of Huge Uptick: Analyst Predicts $116k Mark

You are here: Home / News / Bitcoin (BTC) on the Verge of Huge Uptick: Analyst Predicts $116k Mark Bitcoin (BTC) is showing strong signs of a significant upward movement, positioning itself for a potential new all-time high. This bullish sentiment comes despite recent bearish pressures that saw BTC experience a substantial sell-off. The cryptocurrency encountered heavy selling pressure, driven mostly by two significant events: First, the German government liquidated seized BTC assets that flooded into the market, thus pushing its price down. The second one was Mt.Gox, infamously, a fallen cryptocurrency exchange in 2014, announcing its long-expected repayment plan...

Solana (SOL) Weekly Chart Targets $300 Breakout Following Bullish Setup

Solana (SOL) appears ready for a significant breakout as its weekly chart reveals a compelling bullish setup. Over the last few days, Solana’s price has been consolidating despite hitting a new all-time high on November 22. But if the altcoin breaks through critical resistance levels, it could hit $300. Here is how. Solana Has Indicators on Its Side On Solana’s weekly chart, the altcoin has formed a classic bull flag pattern — a bullish indicator suggesting potential further upward movement. A bull flag consists of two rallies separated by a brief period of consolidation. The flagpole forms during a sharp,...

Salesforce Analysis Finds Businesses Eager for AI but Concerned About Trust, Data, and Ethics

Published: Aug 5, 2024 by Joshua Sophy In Small Business News Salesforce’s recent analysis reveals that businesses are keen to adopt artificial intelligence (AI) technologies, yet significant concerns about trusted data, ethics, and organizational policies threaten to impede progress. The “Trends in AI for CRM” report, based on multiple studies, highlights the rapid integration of AI across various sectors while underlining the challenges that need addressing. According to the report, nearly half of customer service teams, over two-fifths of salespeople, and a third of marketers have fully implemented AI to enhance their operations. However, 77% of business leaders are worried...

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%...

Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia

The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power to declare mining operations in these regions illegal, based on government considerations. Russia Cryptocurrency Mining Bill Proposes to Allow Ban of Mining Activities in ‘Energy Deficient’ Regions The ongoing attempt of the government to regulate cryptocurrency mining activities in Russia has caused differences between lawmakers and the mining industry. Russian cryptocurrency mining industry representatives...

Yuga Labs Wants to Make NFTs More Fun With Tokenproof Acquisition

By Philip Maina 9 hours agoWed Dec 04 2024 12:09:57 Reading Time: 2 minutes Yuga Labs has acquired web3 platform Tokenproof to make NFTs more fun Yuga Labs will onboard some of Tokenproof’s staff into its workforce The staff will join Yuga Labs’ The Workshop division Bored Ape creator Yuga Labs has acquired web3 tokenization platform Tokenproof to make “ NFTs more accessible and more fun.” The acquisition will see Yuga Labs absorb some of Tokenproof’s staff in its research and development (R&D) unit called The Workshop. Yuga Labs disclosed that it has previously engaged the web3 platform in other...

Drug cartels use cryptocurrency Tether to launder money, court documents reveal

Tether (USDT), currently the third-largest cryptocurrency by market capitalization, has been under intense scrutiny for several months due to federal investigations into its alleged role in facilitating cross-border money laundering. Now, a recent report by 404 Media highlights Tether’s growing use as a money laundering tool for Mexican drug traffickers, according to the U.S. Federal authorities. Suggested Reading Trump's cabinet picks aren't ready to 'make nice' and that reality will set in soon, strategist says Suggested Reading This news comes at a pivotal moment, as President-elect Donald Trump has nominated Howard Lutnick, CEO of investment giant Cantor Fitzgerald, as his...

Willy Woo Says US$24 Million Per BTC Questionable, Here’s His Take

VanEck forecasts Bitcoin’s price could hit US$52.4M by 2050, while its bearish scenario still sees US$130K. Willy Woo challenges extremely high forecasts, seeing a more realistic US$700K cap if Bitcoin captures 3% of global assets. Woo believes Bitcoin will overhaul financial systems as it potentially surpasses the market cap of all fiat currencies. We’ve heard some wild predictions of where the price of Bitcoin could be in the next 10, 20 or even 25 years. Short-term many traders anticipate a doubling or at least a US$100K for BTC by year’s end, but that’s quite different when you expand your time...

Bitwise Prepares for Ethereum ETFs with Mintable NFT Commercial

With Ethereum exchange-traded funds (ETFs) expected to hit the market this year, Bitwise, a leading crypto asset manager, has begun advertising these upcoming investment products in anticipation of their official debut. On June 20, Bitwise released its first-ever commercial for the new investment offerings, which are still awaiting final approval from the US Securities and Exchange Commission (SEC). According to the company, the ads can be minted as a non-fungible token (NFT) on the Ethereum network (ETH price data). TV Ad Minted as NFT The ads, titled “Capture a piece of crypto history: the 1st national TV spot minted as...

Coinbase adds GIGA and TURBO to listing roadmap as tokens see double-digit gains

Coinbase's latest meme coin additions send GIGA soaring 70% and TURBO up 24%. Photo: IQ Wiki Key Takeaways Coinbase added TURBO and GIGA to its listing roadmap, causing significant price jumps. Altcoin season may diminish the impact of new token listings as market dynamics shift. Coinbase added meme tokens TURBO and GIGA to its listing roadmap, triggering substantial price movements for both assets. GIGA jumped 70% following the announcement, while Turbo rose 24%. Assets added to the roadmap today: Gigachad (GIGA) and Turbo (TURBO)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) December 4, 2024 Giga traded at approximately $0.051 at press time,...

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...

Shiba Inu on Major Bullish Edge with 2.6 Billion SHIB Traded in 24 Hours, Can Mpeppe (MPEPE) Get In On The Action?

Shiba Inu (SHIB) is currently experiencing a bullish surge, solidifying its position as a leading altcoin and meme coin. Over the past 24 hours, Shiba Inu’s price has increased by 3.54%, reaching $0.00001937. This recent uptrend has seen SHIB’s price soar by 16.62% over the past week, indicating strong momentum and renewed investor interest. Shiba Inu’s Impressive Market Performance Shiba Inu (SHIB) has not only managed to hold its ground but also to extend its market capitalization to surpass that of Avalanche (AVAX). As of now, Shiba Inu’s (SHIB) market valuation stands at $11.43 billion, compared to Avalanche’s $11.33 billion....

Trading on crypto exchanges fell for 3rd month straight in June: CCData

Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share. 1818 Total views 3 Total shares Own this piece of crypto history Collect this article as NFT Trading volume on centralized crypto exchanges fell by 21.8% in June, marking the third consecutive month that combined spot and derivatives volumes have trended downward since March. In a July 17 markets report CCData shared that the combined spot and derivatives volume across all centralized exchanges stood at $4.2 trillion in June, down 53% from the record $9 trillion in volume...

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

Bitcoin's (BTC) attempt at even a modest early rally during U.S. trading hours Friday was quickly snuffed out, the price dropping 4% in about the past ninety minutes alongside a major slump in equity markets. A weak July U.S. jobs report earlier Friday sent bond yields and the dollar plunging – the sort of action that often sends risk assets like stocks and bitcoin into the green, but it's not the case today. Just ahead of the noon hour in the U.S., the Nasdaq is down 3.1% and S&P 500 2.7%, led by an 11% post-earnings decline in Amazon (AMZN)...

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Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K