Gekocrypto Global News

Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues Flare Network Burns 66M FLR Tokens: Could This Be the Turning Point for FLR Price sCrypt: Ordinals oracle USDC Becomes First Stablecoin to Achieve Canadian Approval Dogecoin Whales Turn Their Focus to Mpeppe For Its Utility And Profits Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil Bitcoin below $69K: Why BTC’s current price might be a steal OKX to Debut Pre-Market Futures for Hamster Kombat’s HMSTR Token Polygon (MATIC) and Shiba Inu (SHIB) Enthusiasts Are Betting Big on Pawfury’s (PAW) Game-Changing Revenue Model Elon Musk's Neuralink gets approval to test whether its brain chip can control a robotic arm ‎Tadawul sees 3 negotiated deals worth SAR 95.8M Ubisoft Launches Free NFT Mint for Upcoming Web3 Game

Lyon, France, June 4th, 2024, Chainwire iExec’s latest dev tool empowers Web3 developers to build apps that enhance user control over their digital assets and maximize monetization potential. iExec, the company with the platform to build, own, and monetize in Web3, has announced the release of an upgrade to their DataProtector dev tool, dubbed the ‘Monetize Version’. This latest innovation introduces an upgrade that offers new methods for Web3 developers, DApp users, and content creators to manage and monetize their digital assets. Since its inception in 2016, iExec has been a pioneer in offering solutions that prioritize data protection and...

04.06.2024

Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues

XRP's order book on U.S. exchanges is 30% more liquid than offshore platforms. The greater the liquidity or market depth, the easier to execute large transactions at stable prices. XRP is having its moment not just in terms of price rally but also enhanced liquidity on U.S. exchanges, a positive development for whales looking to trade large quantities at stable prices stateside. As of Thursday, U.S. exchanges, including Nasdaq-listed Coinbase (COIN) and Kraken, boasted a 1% market depth of $1.12 million, offering 30% greater order book liquidity than offshore exchanges like Binance and OKX, according to data tracked by CCData....

09.08.2024

USDC Becomes First Stablecoin to Achieve Canadian Approval

By Mark Hunter 13 hours agoFri Dec 06 2024 07:55:18 Reading Time: 2 minutes Circle has become the first stablecoin issuer to comply with Canada’s new Value-Referenced Crypto Asset requirements The compliance enables Circle’s USD Coin (USDC) to be offered on registered crypto asset trading platforms in Canada This milestone reflects Circle’s dedication to transparency and regulatory standards, further solidifying its leadership in the digital asset industry Circle has achieved a milestone by becoming the first stablecoin issuer to meet Canada’s Value-Referenced Crypto Asset (VRCA) requirements. This compliance enables its USD Coin (USDC) to be listed on regulated crypto platforms...

06.12.2024

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FTX sues Binance, CZ to reclaim $1.76B in fraudulent transfers

Homepage > News > Business > FTX sues Binance, CZ to reclaim $1.76B in fraudulent transfers The remnants of the FTX digital asset exchange are trying to claw back billions it claims to be owed by a number of individuals/entities, including the Binance exchange and its founder Changpeng ‘CZ’ Zhao. Late last week and through this weekend, the website of the FTX Debtors group was flooded with filings of new lawsuits targeting individuals/entities that allegedly owe money to the FTX exchange, which collapsed in November 2022 following revelations of massive fraud and embezzlement. The fraud was intended to cover up...

Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration

On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project Extends to Solana, Includes SOL Backing Despite witnessing redemptions totaling around $300 million in under two weeks, Ethena Labs proceeded with the Solana integration. “August 7th marks Ethena’s Solana integration,” Ethena Labs said on X. “USDE deployed on Solana thanks to Layerzero Labs OFT [and] SOL onboarded as a backing asset for USDE, subject to governance.”...

Whales transfer Ethereum worth $217.4M: Gauging ETH’s reaction

contributor Posted: November 23, 2024 Share this article Ethereum whales transferred 120,000 tokens worth $217.4 million. ETH surged by 2.67% over this period. Over the last two weeks, Ethereum [ETH] has been stuck in a consolidation range between $3100 and $3300 levels. Although the altcoin has surged over this period to hit a recent high of $3446, it has struggled to keep pace and maintain the momentum. This has resulted in market indecision and a considerable lack of direction among whales. As such, whales have made conflicting moves, with some selling while others are accumulating. Ethereum whales transfer 120,000 tokens...

German Government Moves Over $75 Million in Bitcoin to Exchanges

The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts. The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts. The German government has transferred another chunk of its massive Bitcoin reserves to exchanges. According to blockchain data, the German Federal Criminal Police Office (BKA) moved roughly $75 million worth of Bitcoin across multiple transactions on July 4th....

Orbs and THENA Celebrate Bumper Year Culminating in Binance Listing

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...

This company holds 8,100 Bitcoins – And it’s NOT MicroStrategy or Tesla

Journalist Posted: December 18, 2024 Share this article Galaxy Digital strengthened its Bitcoin position with substantial holdings. The king coin continued to trade above six digits. Galaxy Digital Holdings, a leading asset management firm, has established itself as a key player in blockchain technology and digital assets. As of the latest data from Bitbo, the company reportedly holds approximately 8,100 Bitcoins [BTC]. Despite this development, the company’s stock price remains unaffected. According to MarketWatch, the stock traded at a press time value of $20.02 after a 3.36% drop. In fact, recently, the firm withdrew 200 Bitcoins, valued at approximately $21.31...

Crypto exchanges subject to EU Travel Rule in 6 months

New EU regulations mandate crypto exchanges to comply with Travel Rule guidelines, enhancing AML/CFT measures starting Dec. 30. 14112 Total views 9 Total shares Own this piece of crypto history Collect this article as NFT In a significant move to bolster Anti-Money Laundering (AML) measures, the European Banking Authority (EBA) announced the extension of Travel Rules guidelines to crypto service providers and their intermediaries. Crypto exchanges operating in the European Union will be subject to Regulation (EU) 2023/1113 (Travel Rule guidelines) from Dec. 30, which mandates reporting information on transfers of funds and crypto assets. Source: EU Banking Authority As...

Investment Tech Provider to N26 and Revolut Raises €100M

Naira Continues to Appreciate at Official Market

Naira Against Dollar Naira Continues to Appreciate at Official Market The naira has continued to strengthen on the official trading window, the Nigerian Autonomous Foreign Exchange Market, as the Central Bank of Nigeria launched the new Electronic Foreign Exchange Matching System this week. According to data on the CBN website on Thursday, the naira closed trading at 1,567/$ compared to the closing rate of Wednesday which was 1,608/$. This marked a steady strengthening from Monday when it closed trading at 1,660/$ from 1,663/$ in the previous trading session. On Tuesday, the naira closed at 1,625/$. In the parallel market, the...

XRP Price Falls Below $0.50: Key Takeaways for the Market

XRP price is down over 15% and trading below $0.50. The price is showing bearish signs and might struggle to recover above the $0.520 resistance. XRP price traded below the $0.500 and $0.4850 support levels. The price is now trading below $0.4880 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could attempt a steady recovery wave if it clears the $0.520 resistance zone. XRP Price Dives Over 15% XRP price started a major decline below the...

KOALA AI Celebrates Major Exchange Listings and Key Milestones in Project Growth

KOALA AI ($KOKO) is proud to announce significant progress in its journey, including listings on major exchanges such as Gate.io, Bitget, MEXC, and BingX. These new listings mark a pivotal moment in KOALA AI’s growth, increasing accessibility and liquidity for its fast-expanding community of over 18,000 holders. With a unique blend of meme culture and artificial intelligence, KOALA AI continues to push boundaries in the cryptocurrency space. In just 8 months, the project has reached an all-time high of $45M market cap and earned strong support from key influencers like Elja. Combined with a deflationary tokenomics model and a fully...

LATAM Crypto Roundup: Brazil and Argentina Welcome New RWA Platform, Colombia Eyes Regulation Law, and More

BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup includes stories on El Salvador’s plans to strengthen trade relations with Russia using Bitcoin, Binance’s survey of Latin American customers, Colombia’s efforts to develop a clear regulatory framework, and more. Latam Investors Plan to Buy More Crypto, Says Binance A Binance survey reveals that nearly all Latam investors intend to increase their crypto holdings in the coming year. The study interviewed around 10,000 Binance...

Missed JasmyCoin (JASMY)? This AI token could be the next catch

JasmyCoin has surged 119% to $0.05534, driven by IoT use and strong investor sentiment. iDEGEN’s has raised $2.5M in its ongoing dynamic, community-led presale. iDEGEN adapts via AI and social media, offering speculative potential pre-listing. JasmyCoin (JASMY) has surged to new heights, captivating investors and crypto enthusiasts worldwide. Its remarkable performance has led to significant gains, positioning it as one of the top-performing altcoins in the market. However, for those who may have missed out on JasmyCoin’s initial rise, a new opportunity is emerging. iDEGEN, an AI-powered meme token, is gaining momentum and could be the next big thing in...

Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum

Franklin Templeton has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum’s Arbitrum, marking its third blockchain integration. The FOBXX fund, launched in 2021, is a pioneer in using public blockchains for transactions and fractional ownership, contributing nearly US$2 billion in traded value. Franklin Templeton ranks third in the tokenised government securities market, with over US$400 million in assets under management (AUM). One of the largest asset managers in the United States, Franklin Templeton, has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum through the network’s largest Layer-2 blockchain, Arbitrum. Related: Franklin Templeton CEO Highlights...

Ethereum Gains 3.3 Million New Retail Investors: Could This Spark An Altcoin Bull Market?

The Ethereum market has witnessed a remarkable surge in individual investors over the past two months, adding 3.3 million new addresses—a 2.77% increase, bringing the total to an impressive 125.18 million. This uptick in retail investors could well be the foundation for a retail-driven bull rally. Such an increase in demand often signals the potential for rising prices, especially for Ethereum, a prominent asset in the altcoin market. With new investors coming on board, the limited supply could lead to substantial price appreciation. The Importance of Ethereum in an Altcoin Rally Ethereum’s recent performance has lagged behind Bitcoin, with the...

BDAG vs. Sealana: A Comparative Look at Crypto Innovation

BlockDAG Steals the Spotlight: Outshining Sealana’s Exchange Buzz with Sheer Innovation In the bustling crypto landscape, new players like BlockDAG (BDAG) and Sealana (SEAL) are making waves with their initial market impacts and presale performances. However, despite the buzz around Sealana’s recent listings on exchanges, BlockDAG steals the spotlight with its revolutionary technology and surging investor interest pushing its presale over $56.4 million. This discussion explores the standout features of both projects, spotlighting why BlockDAG is taking the lead. BlockDAG (BDAG): A Beacon of Blockchain Evolution BlockDAG distinguishes itself with a cutting-edge Directed Acyclic Graph (DAG) architecture, setting new standards...

LayerZero becomes default interoperability solution for Animoca Brands

Animoca Brands enhances Web3 gaming with LayerZero's interoperability solutions. Key Takeaways LayerZero is becoming the default interoperability solution for Animoca Brands. The collaboration focuses on enhancing Web3 gaming and digital content accessibility. Animoca Brands, a leader in digital property rights for gaming and the open metaverse, has inked a multi-year strategic partnership with LayerZero Labs, the team behind the omnichain interoperability protocol LayerZero. As part of the agreement, LayerZero will become the default interoperability solution for Animoca Brands and its subsidiaries. The partnership will focus on simplifying cross-chain interactions for users, allowing them to focus on enjoying digital content without...

Ethereum Sees $1 Billion Exchange Outflow Alongside Bitcoin: What This Means For Price

Ethereum has witnessed a huge surge in on-chain activity in the past week, with data showing an accumulation trend from crypto exchanges. According to on-chain analytics platfrom IntoTheBlock, about $1 million worth of Ether was withdrawn from crypto exchanges last week. This shift suggests that investors are adopting a holding strategy, even as the Ethereum price consolidates below $3,200. Notably, the last time Ethereum had outflows of this magnitude was in May 2023. The massive exodus of ETH from exchanges could indicate that traders are anticipating higher prices and moving their holdings into private wallets. Examining The Ethereum $1 Billion...

NY Supreme Court’s ruling saves BTC miner Greenidge from closing

Homepage > News > Tech > NY Supreme Court’s ruling saves BTC miner Greenidge from closing The New York Supreme Court has ruled that the state’s environmental watchdog’s decision to shut down BTC miner Greenidge (NASDAQ: GREE) was “affected by errors,” allowing the miner to keep operating as it reapplies for a new permit. Greenidge has been locked in a legal battle with New York’s Department of Environmental Conservation (DEC) for over two years over its mining facilities in Dresden, in the Finger Lakes region of the state. In June 2022, DEC denied the miner an air permit renewal, alleging...

Is Ethereum set to outperform Bitcoin? Key data suggests…

contributor Posted: November 21, 2024 Share this article Analysts predicted that Ethereum could outperform Bitcoin due to key indicators. Ethereum spot ETF inflows and ascending price channels indicated potential price targets up to $10,000. Ethereum [ETH] has so far been unable to keep up the pace with Bitcoin’s [BTC] consistent upward momentum. While Bitcoin has registered new all-time highs in recent weeks, Ethereum still remains 36.2% decrease away from its all-time high of $4,878 registered in 2021. At the time of writing, ETH traded at a price of $3,111 down by 0.6% in the past day and roughly 1% in...

Marathon Digital announces $250 million raise to acquire more Bitcoin

Crypto miner aims to raise funds for Bitcoin acquisition and corporate growth through convertible notes. Key Takeaways MARA plans to offer $250 million in convertible senior notes due 2031 to qualified institutional buyers. Proceeds will be used to acquire additional bitcoin and fund general corporate purposes. Marathon Digital Holdings, Inc. (MARA) has announced plans to offer $250 million in convertible senior notes, and the proceeds will be used “primarily to acquire Bitcoin (BTC) and for general corporate purposes.” According to the announcement, the notes are due in 2031 and will be offered privately to qualified institutional buyers. The company may...

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...

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