Gekocrypto Global News

Ethereum Price to Hit $6,000 By December Driven RCOF and PEPE into a 12,440% Rally Marathon Digital announces $250 million raise to acquire more Bitcoin Litecoin Price Prediction: LTC Price Bullish Reversal Eyes To Hit $100? German Government Moves Over $75 Million in Bitcoin to Exchanges Crypto All-Stars Crosses $9M Presale Milestone Ahead of December Listing – Last Chance to Buy BitGo Secures Major Payment Institution License in Singapore US Group Proposes Tax-Free Bitcoin Zone to Boost Digital Economy Celebrity Memecoins: The Rising 2024 Crypto Trend and Its Significant Risks BNB Price Surge: Upbeat Momentum Builds After $724 Breakout 2024: A year of transformation and momentum CryptoPunks Lead NFT Market in Recovery Artists sue SEC over confusing security status of NFTs

By Philip Maina 3 weeks agoSat Nov 16 2024 13:16:59 Reading Time: 2 minutes CryptoPunks are leading other NFTs in a recovery attempt CryptoPunks’ floor price has registered the highest uptick in the last 7 days The NFT collection has also recorded a surge in trading volume Leading Ethereum NFT collection CryptoPunks has recorded the highest uptick in its floor price in the last week compared to other popular collections. CryptoPunks’ floor price increased by more than 50% to $113,840 with its closest second, the Bored Ape collection, registering a rise of slightly above 15%. The collection’s trading volume has...

16.11.2024

Crypto All-Stars Crosses $9M Presale Milestone Ahead of December Listing – Last Chance to Buy

Crypto All-Stars (STARS) just crossed the $9 million mark in its presale – and it’s not slowing down anytime soon. This new meme coin project is shaking things up by unifying staking under one platform, making what once felt fragmented now completely effortless. MemeVault – A One-Stop Hub for All Meme Coin Staking The idea behind Crypto All-Stars is straightforward: bring all the top meme coins under one umbrella and make staking easier than ever. Typically, investors who hold coins like Dogecoin, Pepe, and Floki must juggle multiple platforms, each with its own rewards, schedules, and rules. It’s a mess...

06.12.2024

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...

09.08.2024

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POLYGON MATIC PRICE ANALYSIS & PREDICTION (August 1) – Will Matic Break Lower As It Nears Oversold Condition Daily?

This week has been a tumultuous period across the crypto space as most altcoins continued to turn weak. Matic decreased by 3% since yesterday and is now looking weak daily, gathering momentum for a breakdown. Last month’s trading saw Matic through a small bounce (at $0.42) after reinitiating drops in the preceding month. That bounce brought a small price retracement but it unfortunately encountered resistance at $0.56. It lost steam in the mid-month and resumed bearish daily. It has seen a notable reduction and is now on the verge of losing last week’s support. Going back to where Matic started...

SUI price prediction as Poodlana enters final 7-day countdown

Sui price was up 28% in the past 24 hours to lead market gainers. Poodlana on the other hand had reached $5.8 million in presale with under 7 days left. Sui (SUI) has exploded 28% in the past 24 hours to rank among the top altcoin performers as cryptocurrencies surge amid Bitcoin’s breakout to $60k. Also trending is Poodlana (POODL), a new dog-themed meme coin on Solana that has raised more than $5.8 million in just over three weeks in presale. Poodlana presale countdown: under 7 days left BTC, ETH and SOL are some of the top coins to watch...

Here’s How Shiba Inu’s New Bridge Cuts Wait Time by 80%

You are here: Home / News / Here’s How Shiba Inu’s New Bridge Cuts Wait Time by 80% Shiba Inu launched an NFT Bridge on Shibarium, allowing seamless NFT transfers between Ethereum and Shibarium with just a few clicks. The NFT Bridge enhances Shibarium’s utility for displaying, trading, and interacting with NFTs, supporting Shiba Inu’s growth in the crypto space. Recent upgrades reduced Shibarium’s token bridge time to 45 minutes, making it a faster, user-friendly blockchain option for asset transfers. In a bold move for the Shiba Inu ecosystem, the development team recently launched an NFT Bridge on its Layer-2...

Binance and Coinbase ally Circle form USDC alliance to take on Tether

Two of the biggest names in crypto are putting aside their long-standing rivalry, and will now work together to grab a bigger piece of the fast-growing stablecoin pie. On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic alliance that will see them promote USDC—a digital token backed 1:1 by the U.S. dollar—that is jointly owned by Circle and Coinbase. All of this comes at a time when stablecoins are fast becoming part of mainstream finance, and as more competitors are seeking to challenge market leader Tether. Binance, the world’s biggest cryptocurrency exchange, used to be a major...

Pound Sterling recovers against US Dollar as PCE inflation data comes below expectations

The Pound Sterling rebounds against the US Dollar on slower than projected US PCE inflation growth in November. A higher number of BoE officials voted for an interest rate cut on Thursday, boosting dovish bets for 2025. The UK Retail Sales rose by 0.2%, slower than expectations of 0.5% in November on month. The Pound Sterling (GBP) recovers sharply in North American trading hours after posting a fresh seven-month low near 1.2470 against the US Dollar (USD) on Friday. The GBP/USD pair bounces back as the US Dollar declines after the release of the United States (US) Personal Consumption Expenditure...

Nigeria Drops Charges Against Binance Executive Tigran Gambaryan

After six months, the Nigerian government has dropped all money laundering charges against Binance executive Tigran Gambaryan. It comes barely a month after the release of Binance founder and former CEO Changpeng Zhao (CZ) from California’s Lompoc II detention center. Binance’s Tigran Gambaryan Charges Dropped In a recent development, a lawyer representing the prosecuting agency disclosed the withdrawal of the charges at the Federal High Court in Abuja. They withdrew the charges on Wednesday morning after possible “behind-the-scenes diplomatic lobbying” between the Nigerian and US governments. “Wednesday’s hearing was a climax of the behind-the-scenes diplomatic lobbying that had been ongoing...

Cerrado Gold shares set to resume trading on TSXV

Cerrado Gold Inc. [CERT-TSXV, CRDOF-OTCQX] said it has been advised by the TSX Venture Exchange that trading in the company’s common shares will resume at the opening on August 8, 2024. The announcement comes just one day after Cerrado announced the results of a preliminary economic assessment (PEA) and updated mineral resource estimate for its Minera Don Nicolas mine in Santa Cruz Province, Argentina. A cease trading order was imposed, May 7, 2024 by the Ontario Securities Commission due to the company’s failure to file audited financial statements for the year ended December 31, 2023. Cerrado is a Toronto-based company...

Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi

The nomination of crypto-friendly Paul Atkins as chair of the SEC provided the final boost that propelled bitcoin through the $100,000 level, the report said. Dec 6, 2024, 8:47 a.m. UTC Bitcoin (BTC) reached an all-time high above $100,000 earlier this week as a number of tailwinds fueled a post-U.S.-election rally in the world's largest cryptocurrency, Citi (C) said in a research report on Thursday. "The nomination of digital asset-friendly Paul Atkins to chair the SEC provided the final boost," that saw bitcoin break through $100,000 to record highs, analysts led by Alex Saunders wrote. The cryptocurrency was trading around...

Haliey Welch’s $HAWK Shows Why We Need Better Standards for Memecoins

The saga of Hawk Tuah’s memecoin testifies to the need for governance and transparency in Web3, Azeem Khan says. It’s up to the industry to provide it. Updated Dec 12, 2024, 10:59 p.m. UTC Published Dec 12, 2024, 10:06 p.m. UTC Haliey Welch, widely recognized as “Hawk Tuah,” transformed her fleeting viral fame into a formidable media empire. With a burgeoning social media presence (230K followers on Instagram), lucrative brand partnerships, and the successful podcast Talk Tuah, Welch appeared to be transitioning from internet personality to business mogul. That was until the 22-year-old launched her memecoin, $HAWK. Now Hawk Tuah...

SEC’s Caroline Crenshaw Faces Crypto Backlash Ahead of Re-Nomination Vote

Caroline Crenshaw’s re-nomination as one of the US SEC agency commissioners is on the balance. Scheduled for a vote by the Senate Banking Committee on Wednesday, the decision could help shape the future of crypto regulation in the US. If confirmed, Crenshaw would serve on the Securities and Exchange Commission (SEC) until 2029. However, her track record and perceived hostility toward cryptocurrency have drawn sharp criticism. Crenshaw’s Controversial Crypto Stance During her tenure at the SEC, Crenshaw has aligned closely with Chair Gary Gensler, known for his strict regulatory approach to cryptocurrencies. Crenshaw’s critics, however, argue that her stance has...

‎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,...

FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18

Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a fake cryptocurrency company and token to uncover fraud in the market. FBI’s Operation Token Mirrors The U.S. Attorney’s Office for the District of Massachusetts announced on Wednesday that 18 individuals and entities have been charged with widespread fraud and manipulation in the cryptocurrency markets. The...

Malaysia MP Urges Use of Blockchain to Fight Corruption

By Mark Hunter 1 week agoMon Nov 25 2024 11:02:05 Reading Time: 2 minutes A Malaysian MP has urged the government to implement blockchain technology to combat corruption and enhance transparency Syerleena Abdul Rashid highlighted blockchain’s potential to provide immutable records, reducing opportunities for fraudulent activities The call aligns with global trends where blockchain is increasingly utilized to improve governance and accountability In a recent parliamentary session, Malaysian MP Syerleena Abdul Rashid advocated for the adoption of blockchain technology as a means to fight corruption and improve transparency within government operations. Rashid emphasized that blockchain’s decentralized and immutable nature could...

Analyst Who Correctly Predicted The Ethereum Price Crash Against Bitcoin Reveals Where It’s Headed Next

The Ethereum price has returned above the $3,800 price level on the back of a 5% increase in the past 24 hours. Interestingly, this Ethereum price increase has come amidst a simultaneous increase in the performance of ETH against BTC in recent weeks. According to crypto analyst Benjamin Cowen, this recent price action might actually be the earliest stages of Ethereum’s price increase against Bitcoin within the next six to 12 months. Analysing The ETH/BTC Pair The last two weeks were highlighted by a consolidation of the Bitcoin price below the $99,000 price level as investors continued to await a...

Binance Faces Web Restrictions After the Venezuelan Government Bans X (Twitter)

Venezuelan users now face restricted access to Binance, the world’s largest crypto exchange based on trading volume, as the government extends its internet crackdown. This development raises concerns within the local crypto community. Venezuelan Crypto Users Navigate Binance Blockade with VPNs According to an official statement released by X, the company confirmed that it is experiencing difficulties in providing access to its web platform for Venezuelan users. “Like several websites of companies from different segments in Venezuela, including social networks, Binance pages have been facing access restrictions,” the statement read. Read more: Best Binance Alternatives in 2024 for Trading Crypto...

Book of Meme (BOME) Price Eyes Short-Lived Uptrend Amid Bearish Pressure

Despite its quick rise to a $1 billion market cap, B ook of Meme (BOME) is now a shadow of its former self. As of press time, the altcoin is trading at $0.0070. This value indicates that the Solana-based meme coin is now 74.78% below its peak from the first quarter of this year. However, on-chain data suggests that while the token has declined, it is far from finished. Market Doubts Book of Meme Potential Upswing Despite BOME’s recent downtrend, the cryptocurrency’s price has risen by 20% over the last 30 days. From a technical standpoint, the token could see...

XLM, UNI and AAVE gain double-digits as BTC reclaims $94k

Dubai, UAE, November 27th, 2024, Chainwire Trust Wallet , a leading self-custody Web3 wallet trusted by over 140 million users, has announced the third project under Trust Wallet Launchpool, featuring the reward token $WOD . $WOD is the native token of World of Dypians , a MMORPG available on Epic Games, set in a connected virtual world, featuring advanced AI, stunning graphics, and immersive gameplay. The dynamic ecosystem merges DeFi, NFTs, Gaming, and AI into a single immersive experience. For this launchpool campaign, World of Dypians will allocate 1% of the total $WOD supply to Trust Wallet Launchpool participants. How...

Solana and Cardano investors are betting big on Rexas Finance, is it the next 10x altcoin?

Although Solana and Cardano have long been acknowledged as trailblazing blockchain systems, a new contender Rexas Finance (RXS) is attracting a lot of interest as a fresh rival. Rexas Finance is fast acquiring momentum in its presale phase at $0.08 as of writing, generating almost $9.93 million and positioning itself as a major rival in the cryptocurrency scene. Could this be the next 10x altcoin? The rise of Rexas Finance (RXS) Designed to enable consumers to tokenize and easily manage actual assets, Rexas Finance (RXS) is a ground-breaking blockchain technology. By stressing the simplicity of asset tokenization and increased accessibility,...

Bitcoin funding rates showcase market sentiment shifts from 2021 to 2024

Bitcoin funding rates showcase market sentiment shifts from 2021 to 2024 News Desk · 5 days ago Onchain Highlights DEFINITION: The average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative, short positions periodically pay long positions. Bitcoin futures perpetual funding rates across all exchanges offer a comprehensive view of market sentiment. As the first chart indicates, there was a notable spike in funding rates during the initial phase of 2021, corresponding with Bitcoin’s significant price surge to around $64,000 in...

Ripple backs Bitwise Physical XRP ETP following its rebranding

The product offers institutional-grade exposure to XRP through a physically backed exchange-traded product. Photo: Bitwise Investments Key Takeaways Bitwise has rebranded its European XRP ETP, with Ripple planning an investment. The Bitwise Physical XRP ETP is physically backed and approved by German regulators. Ripple will invest in Bitwise’s XRP exchange-traded product (ETP) following its rebranding. The fund, previously known as ETC Group Physical XRP, is now named Bitwise Physical XRP ETP, said Bitwise Asset Management in a Wednesday press release. The ETP, trading under the ticker GXRP, was launched in 2022 and is 100% physically backed, operating under a prospectus...

IPO Calendar: 3 new issues, 12 listings to keep primary market busy next week

Synopsis The next few months are going to be exciting for investors with some big companies likely to hit the public markets. These include, Hyundai Motor, Swiggy, Waaree Energies, NTPC Green, NSE among others. Agencies After a hectic few weeks, the primary market will take a breather next week with no new mainboard issues scheduled next week. However, in the SME segment, there are three companies launching their IPOs. Apart from these, the Street will see listings of 12 IPOs including that of KRN Heat Exchanges, which received a massive subscription of over 200 times. The next few months are...

MicroStrategy boosts BTC holdings with $805M acquisition in Q2

The previously announced 10-for-1 stock split will be effective by August 7. Photo: Joe Raedle/Getty Images Key Takeaways MicroStrategy acquired 12,222 bitcoins at an average price of $65,882 each during Q2. The company reported a net loss of $102.6 million due to significant digital asset impairments. Business intelligence firm MicroStrategy acquired 12,222 bitcoins for $805.2 million since the start of Q2 2024, bringing its total holdings to 226,500 BTC at an average cost of $36,821 per Bitcoin. For July, the company’s founder and chairman Michael Saylor announced on X that it has acquired an additional 169 BTC for $11.4 million....

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CryptoPunks Lead NFT Market in Recovery