Gekocrypto Crypto News

Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains Trump Proposes Using Cryptocurrency to Eliminate $35T US National Debt MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings US Bitcoin spot ETFs bleed $168 million amid market chaos, Ether ETFs gain Marathon Digital Spends $1.1 Billion on Bitcoin, Following Purchasing Trends Notcoin Launches Interactive ‘Lost Dogs’ Telegram Game in Partnership with TON NFT Project US Treasury Sanctions Crypto Sanctions Evaders Thanksgiving: Economics and the survival of Bitcoin Best Cryptos to Watch: Qubetics Gains 4,800 Holders, Kiyosaki Predicts $500K Bitcoin, Fantom Surges Past $1 — What’s Next? Trump Urges to ‘Keep Your Bitcoin’ Because US Will Be ‘Crypto Capital’, Announces Plans to Make BTC a Strategic Reserve Asset

You are here: Home / News / Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains According to IntotheBlock, Bitcoin (BTC) recorded an impressive $1.7 billion in net outflows from exchanges, and this is the highest in over a year. Such a large movement indicates that whales are buying more BTC during the recent market fall. Such actions usually refer to those big investors, who are known as people who put in large sums of money, like whales, who are grabbing the dip to buy BTC. These actions, irrespective of the short-term price changes that lead to smaller investors’...

10.08.2024

Trump Proposes Using Cryptocurrency to Eliminate $35T US National Debt

Trump has proposed Bitcoin as a tool for mitigating the US national debt, which is above US$35 trillion The former president warned that if the US does not get at the forefront of digital asset innovation, China and other countries will. Overall, Bitcoin is a key subject at the top brass of the political administration, with Democrats and Republicans promising to deliver innovation for the crypto industry. The United States is US$35 trillion in debt, and Donald Trump believes Bitcoin (BTC) could be valuable in countering or mitigating an impending debt crisis. US presidential candidate Donald Trump recently had an...

05.08.2024

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Use the multichain Bitcoin.com Wallet, which includes over 50 million self-custody wallets, to buy, sell, trade, earn, use, and learn crypto. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader in digital asset computation, has announced a major update to its treasury policy, deciding to hold all bitcoin (BTC) it mines and periodically make...

25.07.2024

All News

Bitcoin’s $1.7B Exchange Exit: Whales Bet Big on Long-Term Gains

Trump Proposes Using Cryptocurrency to Eliminate $35T US National Debt

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

US Bitcoin spot ETFs bleed $168 million amid market chaos, Ether ETFs gain

Grayscale's Bitcoin Mini Trust received almost $29 million, becoming the Bitcoin ETF with the most daily outflows. Key Takeaways Grayscale and Fidelity Bitcoin funds each saw around $69 million in withdrawals on Monday. Ethereum ETFs logged nearly $49 million in net inflows, contrasting with Bitcoin's heavy outflows. Investors pulled approximately $168 million from the group of nine US spot Bitcoin exchange-traded funds (ETFs) on Monday, bringing the total net outflows for two consecutive days to $405 million, according to data from Farside Investors. Meanwhile, spot Ethereum ETFs collectively logged nearly $49 million in net inflows. Grayscale’s Bitcoin ETF (GBTC) and...

Marathon Digital Spends $1.1 Billion on Bitcoin, Following Purchasing Trends

Marathon Digital Holdings (MARA) purchased 11,774 Bitcoin, spending around $1.1 billion. This purchase signifies a further commitment to the firm’s extended strategy of BTC purchases. It joins firms like MicroStrategy and Riot Platforms in buying huge amounts of Bitcoin. Marathon Digital Buys More Bitcoin This purchase was first announced via social media post. Although Marathon Digital is one of the best-performing Bitcoin miners in the US, the firm has also supplemented its mining operations with direct BTC purchases. The firm claimed it used funds from a recent convertible note offering that significantly over-performed initial expectations. “Using the proceeds from its...

Notcoin Launches Interactive ‘Lost Dogs’ Telegram Game in Partnership with TON NFT Project

Notcoin has announced the launch of NOT Games, with Lost Dogs, The Way , being the first of the bunch. Players will embark on dog-themed quests and earn in-game tokens as rewards. They can also join communities and invite users to play and win. Lost Dogs marks the beginning of a different gameplay mechanic with new models designed for long-term sustainability. Popular tap-to-earn (T2E) game Notcoin (NOT) has launched a dog-themed Telegram game called Lost Dogs in association with The Open Network (TON) NFT project of the same name. Lost Dogs is a story-driven game in which the player embarks...

US Treasury Sanctions Crypto Sanctions Evaders

By Mark Hunter 14 hours agoThu Dec 05 2024 10:08:23 Reading Time: 2 minutes The U.S. Treasury has sanctioned a network of individuals and entities for using digital assets to evade sanctions The sanctions target actors involved in illicit activities, including North Korea’s weapons procurement efforts The Treasury emphasizes its commitment to protecting the international financial system from exploitation The U.S. Department of the Treasury has imposed sanctions on a network of individuals and entities accused of exploiting digital assets to bypass international sanctions. The targeted network is alleged to support illicit financial activities, including aiding North Korea’s weapons procurement...

Thanksgiving: Economics and the survival of Bitcoin

Homepage > News > Editorial > Thanksgiving: Economics and the survival of Bitcoin As we approach Thanksgiving in the United States, it’s worth revisiting the true history behind the holiday—not just the sanitized version of Pilgrims and Wampanoag people sharing a feast, but the deeper story of survival, failure, and eventual prosperity. The lessons from that first Thanksgiving aren’t just about gratitude; they’re about the consequences of economic systems, the necessity of free markets, and how ideologies can lead to ruin if they aren’t rooted in reality. These lessons have striking parallels to the current state of Bitcoin, particularly the...

Best Cryptos to Watch: Qubetics Gains 4,800 Holders, Kiyosaki Predicts $500K Bitcoin, Fantom Surges Past $1 — What’s Next?

Best Cryptos to Watch: Qubetics Gains 4,800 Holders, Kiyosaki Predicts $500K Bitcoin, Fantom Surges Past $1 — What’s Next? The cryptocurrency market is buzzing with activity, and for good reason. Robert Kiyosaki’s bold $500,000 Bitcoin prediction for 2025 has reignited investor confidence, while Fantom has surged past the $1 mark, positioning itself as a DeFi powerhouse. As these projects steal the spotlight, a rising star, Qubetics ($TICS), is quietly but confidently changing the game with its innovative solutions and impressive presale performance. For seasoned investors and curious newcomers alike, these are the best cryptos to watch in the fast-evolving crypto...

Trump Urges to ‘Keep Your Bitcoin’ Because US Will Be ‘Crypto Capital’, Announces Plans to Make BTC a Strategic Reserve Asset

Donald Trump has announced plans to designate Bitcoin as a strategic reserve asset for the US. At the Bitcoin 2024 conference in Nashville, he committed to maintaining a national BTC reserve and promised not to sell any seized Bitcoin. Trump also intends to fire SEC Chair Gary Gensler, although it’s not clear he can and will actually follow through with that. Widespread speculation has been confirmed: Donald Trump announced plans for Bitcoin to become a strategic reserve asset for the United States. Speaking at the Bitcoin 2024 conference in Nashville, Tennessee, on Saturday, he stated that once elected, he plans...