Gekocrypto Global News

3 New Cryptos Launched This Week to Keep an Eye On Four Altcoins with 10x Upside Potential Now at Bargain Prices Due to Market Dip Coinbase Posts US $1.45 Billion in Revenue as Crypto.com Outshines in Trading Volume Grayscale’s Bitcoin and Ethereum Mini ETFs See Share Prices Multiply Dogecoin Boom Over? Crypto Analyst Warns Of Sudden Sell Signal Dogecoin (DOGE) Rally on Hold: Can Momentum Kick Back In? Sequels That Outshine: After Pepe (PEPE), Bome (BOME), and Dogwifhat (WIF), This Coin Is Primed for 100X Success Pepe Unchained Presale Hits $30 Million, Ends in 28 Days – Last Chance to Invest in Biggest Ever Meme Coin ICO Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase Ethereum ETF inflows turnaround: ‘ETH is just getting started!’ Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem Zircuit Launches $500K Airdrop for EigenLayer Holders—Don’t Miss Out on Huge Rewards!

A widely followed analyst is leaning bullish on Bitcoin (BTC) amid the flagship’s rally of close to 50% over the past 30 days. The analyst pseudonymously known as Pentoshi tells his 821,000 followers on the social media platform X that Bitcoin could go up by around 82% from the current level. But the analyst notes that his anticipated price increase is just one stop in Bitcoin’s path to seven figures. Advertisement “Eventually one day over $1 million. If you zoom out and think bigger. Hard to do when we live day to day at times. $180,000 still in 2026 at...

23.11.2024

Ethereum ETF inflows turnaround: ‘ETH is just getting started!’

Journalist The 1st of August saw a $26.7 million net inflow into U.S. Ether ETFs, led by ETHA. Grayscale Ethereum Trust (ETHE) faced $2 billion in outflows, marking a significant investor shift. Despite ongoing cumulative outflows from the Grayscale Ethereum Trust (ETHE) surpassing $2 billion, recent trends in U.S. spot Ethereum [ETH] exchange-traded funds (ETFs) present a contrasting picture. Ethereum ETF flow analysis On the 1st of August, Ether ETFs recorded a notable turnaround with a net inflow of $26.7 million. This positive shift was driven largely by a substantial $89.6 million inflow into BlackRock’s iShares Ethereum Trust (ETHA). On...

02.08.2024

Binance HODLer Airdrop launches Movement: Here’s How to Participate

Key Takeaways: High performance and security: Move Network is a Layer-2 on Ethereum using the Move programming language to achieve high transaction speed at 30k+ TPS and best security compared to other solutions. Ecosystem: More than 60 decentralized applications have already been working on testnet, and with support from such leading investment funds as Polychain Capital and Binance Labs, Movement Network is developing a very lively and promising blockchain ecosystem. Exciting airdrop opportunities: Join the Binance HODLer Airdrops program, which joins the distribution of the MOVE Tokens , unlocking investment opportunities in this highly promising blockchain project. Introduction to Movement...

10.12.2024

All News

Investors Pull Back from BNB, Fear Extended Decline Ahead

Unlike the prior period, crypto investment products ended last week with a net positive flow. However, Binance Coin (BNB) did not share the same trend. This development raises concerns about the coin’s short-term potential. Will BNB’s price falter as a result? Binance Coin Lags Behind the Top Cryptos According to CoinShares’ latest report, digital asset investment products saw inflows worth $176 million. This increase suggests that investors saw last Monday’s crash as an opportunity to accumulate at discount prices. While Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) saw notable inflows, BNB was the only top-5 coin to experience an outflow....

MicroStrategy’s Bold Bitcoin Bet Divides Market: Confidence Soars While MSTR Drops

MicroStrategy acquired 55,500 BTC for US$5.4B, raising total holdings to 386,700 BTC valued at US$38B, funded through convertible bonds and stock issuance. However, the firm’s stock, MSTR, dropped over 18% despite 500% year-to-date growth, with concerns over valuation and major trading firms shorting it. Bitcoin neared US$100K before retreating to US$94K, driven by optimism over crypto-friendly political developments. MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), recently announced a significant addition to its cryptocurrency portfolio. Despite initial enthusiasm in pre-market trading, the company’s stock (MSTR) experienced a decline during regular trading hours, reflecting a mix of market reactions...

XRP Price Bullishness Continues, Analyst Shoots For $1.9 With Next Leg-Up

The XRP price is consolidating just below the $1.4 mark, but the technical structure continues to show bullish strength. Interestingly, XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data. According to an XRP analysis on TradingView, the technical setup is still pointing to a continued price surge. The analysis suggests that XRP could soon rally further, with a near-term price target set at $1.90. XRP Price Bullishness Continues The XRP price surge earlier this month was very unprecedented. Particularly, the XRP price surged from a low of...

Binance Takes Substantial Bet on Decentralized Science With Strategic Investment in BIO Protocol

Bio Protocol investment by Binance Labs points the way toward using blockchain for the betterment of humanity. Decentralized Science Gets a Boost with Binance Funding Binance Labs, the venture capital arm of Binance, has announced a strategic investment in BIO Protocol. This move signifies Binance Labs’ entry into the growing Decentralized Science (desci) sector, a movement aimed at leveraging blockchain technology to revolutionize scientific research and development. BIO Protocol is a decentralized platform designed to democratize early-stage scientific research funding. By operating as an incubator, BIO Protocol actively looks to bring together scientists, patients, and investors to finance and develop...

Bernstein Urges Investors to Buy Crypto as It Predicts $200k per Bitcoin in 2025

Asset management firm, Alliance Bernstein, tells investors to “buy everything you can” as analysts expect major altcoins to outperform Bitcoin over the next 12 months. This comes as Bitcoin broke the $82,000 level. The crypto has since reached a new all-time high of $89,000. In an article published on Monday, Analysts at Bernstein Research endorsed cryptocurrency, urging investors to buy everything [they] can” amid rising prices that appear to have been spurred by Donald Trump’s election victory. Trump, now a staunch supporter of cryptocurrency, is set to be the first President to have founded a decentralized finance platform (World Liberty...

Canadian Dollar flattens amid holiday-thinned markets

The Canadian Dollar is mostly flat near familiar territory on Thursday. Canada GDP figures due Friday to draw some attention from Loonie traders. Market volumes are notably thin with US markets shuttered for Thanksgiving. The Canadian Dollar (CAD) traded thinly on Thursday, sticking to the 1.4000 handle against the Greenback as global markets grind into slow gear in the latter half of the trading week with overall market volumes crimped by a lack of flow from US institutions. US markets are shuttered in observation of the Thanksgiving holiday today, and a shortened day for American markets on Friday also bodes...

Major ENS Holder Deposits 50K ENS To Binance Amid Rising Prices

A notable transaction occurred recently when wallet 0xd53c7 deposited 50,000 ENS tokens, worth approximately $1.36 million, to Binance. This deposit happened just a few hours ago, drawing attention within the cryptocurrency community. Three months ago, wallet 0xd53c7 received 180,000 ENS tokens, valued at $3.65 million, from the ENS Domains Cold Wallet, likely as a vesting payment. If the wallet holder decides to sell the 50,000 ENS tokens now, their return on investment would be a healthy 34%. ENS Price Action After Upbit Announcement The price of ENS has surged by 9% today, coinciding with the announcement from Upbit, South Korea’s...

3 altcoins for potential 10x gains: iDEGEN, Dogecoin, XRP

It’s been another busy week in the crypto market: Virgin Voyages accepts Bitcoin, Donald Trump selects Paul Atkins as next US SEC chair, Coinbase won’t work with anti-crypto law firms, Michael Saylor urges Microsoft to accept Bitcoin, and Bitcoin hits over $100,000 for the first time. Let’s look at these and recap what happened this week in crypto. Virgin Voyages accepts Bitcoin Sir Richard Branson’s cruise line, Virgin Voyages, now accepts Bitcoin as a payment option for bookings. In an announcement , Virgin Voyages said passengers can use Bitcoin to pay for cruises across its fleet, including its highly anticipated...

Telegram CEO Pavel Durov appears in Paris court for first time amid criminal investigation

The messaging app has begun to take law enforcement inquiries more seriously since Durov's arrest. Photo: Reuters Key Takeaways Telegram's founder faced his first court interrogation after his arrest in August. The French justice system is investigating whether Telegram is complicit in criminal activities due to its alleged failure to address the spread of illegal content. Pavel Durov, CEO of messaging platform Telegram, appeared before a Paris judge for his first formal questioning as part of a criminal investigation into the platform’s alleged facilitation of illegal activities, a source familiar with the case told AFP. Durov arrived at the Paris...

BNB Price Surge: Upbeat Momentum Builds After $724 Breakout

BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory. With strong market sentiment and increasing trading activity, BNB appears poised to extend its rally , leaving many wondering how high it can climb in the days ahead. This article aims to explore BNB’s recent breakout above the $724 level, delving into the key drivers behind its bullish strength. it seeks to assess whether the asset can sustain its...

Putin Touts Bitcoin as Russia Embraces Crypto to Counter Sanctions

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...

Binance Says Venezuela Platform Is Being Hit by Access Restrictions

Binance users in Venezuela says they're having difficulty accessing the crypto exchange. The restrictions follow a Thursday announcement that social-media platform X will be blocked for 10 days. According to one human-rights organization, the country's access to Amazon's CloudFront's service is being limited. Venezuela's users of Binance, the world's largest cryptocurrency exchange, are experiencing difficulty accessing the site, the company said in a post on X. "Like several company websites in different segments in Venezuela, including social media, Binance's pages have been facing access restrictions," the exchange posted on Friday. The company said it was "monitoring the situation closely to...

ETH vs SOL Battle Erupts Online Amid Ran Neuner’s Mixed Views on Ethereum

Ran Neuner, historically a strong supporter of Ethereum, had previously shifted some of his holdings to Solana and favours it over ETH. Despite Ethereum’s recent ETF approval, he believes ETH has underperformed so far. While Neuner points to poor sentiment, he suggests that buying the dip in Ethereum, if one believes in its fundamentals, could present an opportunity. Host and founder of Crypto Banter, Ran Neuner believes Ethereum may be on its way down and not worth much as an asset any longer (although – spoiler alert – there could be a twist here). He says this despite being involved...

Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy

The memecoin sector was worth 11.21% of crypto market capitalization, excluding bitcoin and ether, as of Dec. 1. Dec 5, 2024, 9:25 p.m. UTC Memecoins undoubtedly capture a big slice of crypto observers' attention — even if not everyone is a fan. But data shows they're gobbling up a growing amount of the crypto economy too. The sector — powered by the likes of dogecoin (DOGE) and Shiba Inu (SHIB) — made up 3.16% of the combined market capitalization of all cryptocurrencies on Dec. 1, up from 1.3% at the beginning of the year, according to a new report from...

BITCOIN PRICE ANALYSIS & PREDICTION (December 9) – BTC Floats Around $100k After Rejecting New High, Where Will It Head Next?

Bitcoin’s recent surge above $100k has fueled more bullish sentiments among traders and investors, but on-chain metrics like CoinMarketCap suggest a possible pullback is underway as it reaches extreme greed. Last Thursday, Bitcoin made another major move after trading calmly for weeks. That positive action alone put the asset in a more bullish state as it painted a fresh all-time high of $104,088 on Binance. It lost grip and plunged to a low of $90,500 that same day, creating a notable spike. However, it recovered some ground and traded average at around the $100k level throughout the week. The price...

Protocol Village: Dash Unveils New Sidechain, Monad-Based Kuru Raises $2M

Wednesday, July 31 Radix Launches 'RadQuest' as 'Mobile-Ready Web3 Gamified Onboarding Platform' Radix, a distributed ledger project built around native assets known as "resources," has launched RadQuest, a "fully mobile-ready Web3 gamified onboarding platform designed to enable anyone to confidently get started in Web3 and DeFi on Radix," according to the team: "RadQuest was developed with ustwo, – the digital product studio behind the award winning mobile game Monument Valley – to help create a repeatable onboarding experience for Radix that is engaging, educational, and intuitive enough for anyone to use. By completing a sequence of onboarding 'quests,' users will...

Binance Fails to Get $13 Billion Class Action Suit Kicked

By Mark Hunter 2 weeks agoTue Jul 30 2024 07:22:51 Reading Time: 3 minutes A £9.9 billion ($13 billion) class action lawsuit by BSV holders is set for trial after Binance’s dismissal attempt failed The lawsuit, funded by Calvin Ayre’s BSV Claims entity, has alleged collusion among exchanges to delist BSV in 2019 A three-judge tribunal has determined the case is “more than fanciful,” although it warned that the evidence was far from compelling A £9.9 billion ($12.9 billion) class action lawsuit representing BSV holders who suffered when multiple exchanges delisted the coin in 2019 is set for trial after...

FCA Prepares to Regulate Crypto as Awareness Climbs to 93%

The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to making purchases without prior research. Despite the growth, the FCA warns that crypto remains largely unregulated in the UK, posing significant risks, including the potential for complete financial loss. To address these issues, the FCA has introduced a regulatory roadmap featuring consultations to promote transparency...

Crypto.com partners with Deutsche Bank for Asian-Pacific banking services

Panama, Panama, December 9th, 2024, Chainwire Shiro Neko Achieves Historic Milestone in the Memecoin Market Shiro Neko ($SHIRO) launched and reached a $1 billion market cap on its first day of trading. With this, the team aims to make $SHIRO a standout memecoin, redefining expectations for new launches in the space. Shiro Neko’s Metrics After its launch, Shiro Neko established a stable floor between $300 million and $400 million in market cap. This retracement can demonstrate confidence. Shiro Neko’s adoption metrics: 12,000+ Holders On-Chain: Over 12,000 wallet addresses held $SHIRO on launch day. Five Exchange Listings: Shiro Neko debuted with...

The Protocol: Death Cross, Dip Buying and Developer Nerves

Here at The Protocol newsletter, we're focused on blockchain tech and usually don't go too deeply into crypto markets. But after a week like this, how can we not? Founders and developers have learned the hard way how the vagaries of price-go-down can affect the industry's fortunes. Read on. Ronin's latest $12M exploit puts two-year-old "rigorous" security focus under microscope. Nearly $50 million of blockchain project fundraisings: Curio, Andrena, Daylight, Cartridge, Zoth, Khalani, Pichi. Arthur Hayes unveils Bitcoin Ordinals release "Airheads," invests in Oyl wallet. This article is featured in the latest issue of The Protocol , our weekly newsletter...

South Korea crypto volume hit record $34 billion: Here’s why

Key takeaways On Tuesday, NYSE Arca filed a form on behalf of Grayscale Investments for a spot Solana ETF. iDEGEN’s pre-market auction has surpassed the $2 million mark/ Grayscale files for a spot Solana ETF NYSE Arca, the New York Stock Exchange’s exchange-traded product platform, filed a form for a spot Solana ETF on behalf of Grayscale Investments. The exchange filed a 19b-4 form on Tuesday for the Grayscale Solana Trust. This indicates that the firm wants the SEC to approve a rule change. Several companies, including 21Shares, VanEck, Bitwise Asset Management, and Canary Capital, have filed with the SEC...

NFT Market Report December 2024: A Blasting Comeback of Digital Assets

Key Takeaways: NFT Trading Volume Surges: The total trading volume of NFTs hit an amazing level in December 2024 as the market experienced a strong recovery. Ethereum Leads the Way: Ethereum continued to be at the forefront in the NFT space, as the lion’s share of the total trading volume went its way. Top Collections: Pudgy Penguins and CryptoPunks are two of the most popular collections that accounted for a great part of the market growth. December 2024 is an eventful month in the NFT markets—a stronger comeback after months of stagnation. According to data from CryptoSlam , the total...

Popular

$180,000 Bitcoin Incoming Before BTC Goes ‘Higher Than We All Imagined,’ Says Top Analyst – Here’s His Timeline