Gekocrypto Global News

MPEPE, PEPE & PEPU: Cryptocurrency Experts Dive Into Profit Potentials With MPEPE & Pepecoin Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum? UF AWARDS MEA 2025: Voting Now Open! Whale Alert: Why Are Crypto Whales Buying Dogecoin, JetBolt, Toncoin, and Cardano Uniswap Layer 2 users increase 350% as Poodlana meme coin nears listing XRP Price Bullishness Continues, Analyst Shoots For $1.9 With Next Leg-Up German govt runs out of BTC as Bitcoin eyes daily close above $58,000 Ripple starts testing its stablecoin RLUSD on XRP Ledger and Ethereum What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto Solana Price (SOL) Continues Its Upward Trend: What’s Driving It? German Government Resumes Bitcoin Selling Spree, Currently Holding Less Than 4,000 BTC PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar

On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing challenges in breaking through key resistance levels, hinting at a bearish trend across various timeframes. Ethereum The 1-hour chart highlights ethereum’s recent recovery from $2,508.6 to $2,720, accompanied by increasing volume, indicating some short-term bullish momentum. Despite this, the price is struggling to maintain levels above $2,700, signaling potential difficulties ahead. Should ethereum fail to...

12.08.2024

What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto

Paul Atkins and David Sacks’ appointments suggest a shift towards industry-friendly regulation for crypto. Photo: Mezha Media Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House Crypto Czar, the crypto industry is poised for a seismic shift. These appointments mark a significant departure from the SEC’s enforcement-heavy stance under Gary Gensler and signal the Trump administration’s intent...

09.12.2024

UF AWARDS MEA 2025: Voting Now Open!

2024-12-23T14:37:19.064+02:00 M o n d a y , 2 3 / 1 2 / 2 0 2 4 | 1 2 : 3 7 G M T by FM Now’s the chance to cast your vote for the best performing FX and fintech brands! The nominations are in, the brokers and fintechs have been shortlisted, now is when the real action starts! With the Nomination Round now closed, it can only mean one thing: the Voting Round for the UF AWARDS MEA 2025 is officially open! This is the stage where anyone from within the online trading and fintech industry...

23.12.2024

All News

Will AXS hit its price bottom despite recent signs of recovery?

contributor Posted: December 21, 2024 Share this article Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of. Technical indicators revealed a strongly bearish market Following a week-long downturn, one during which the altcoin dropped significantly by 15.22%, AXS market bulls made a comeback. Their efforts pushed the asset up by 10.22% in the last 24 hours, offering a glimmer of hope. However, further analysis by AMBCrypto suggested that Axie Infinity [AXS] remained bearish at press time. In fact, the prevailing downturn could deepen, with the altcoin likely to fall further on the charts now....

MLS Launches New NFT Platform, MLS Quest

By Philip Maina 1 month agoTue Oct 29 2024 10:28:42 Reading Time: 2 minutes Major League Soccer (MLS) has launched a new NFT platform known as MLS Quest The platform will allow users to claim digital medallions that will unlock exclusive experiences MLS Quest is powered by the Sui blockchain The Major League Soccer (MLS) has launched a new NFT platform to help the league’s fans collect digital medallions that unlock exclusive experiences. These experiences include meet-and-greet opportunities and VIP club access, with soccer fans embarking on quests to search for medallions in virtual and physical places scattered across North...

BTC miner DMG Blockchain expands after $16M fundraising

Homepage > News > Tech > BTC miner DMG Blockchain expands after $16M fundraising DMG Blockchain (NASDAQ: DMGGF), a Canadian BTC block reward miner, has announced the expansion of its operations following a fundraising campaign that netted the company $16 million. DMG, which has a dual listing on the Toronto Stock Exchange and the Frankfurt Stock Exchange, channeled $5 million to purchase hydro miners from Bitmain. The miners have an efficiency of 15 J/TH, the company revealed in its press release. “With our recent fundraising that added $16 million to DMG’s cash balance, we have immediately allocated approximately $7 million...

SBI Announces Sale of Polygon and XRP Ledger NFTs

By Philip Maina 2 months agoMon Oct 14 2024 10:39:26 Reading Time: 2 minutes Japanese financial giant SBI Holdings has opened the sale of its Polygon NFTs Dubbed the “Crypto Canvas Collection,” the NFTs are created by SBI’s subsidiary SBI Digital Community Collecting Polygon NFTs unlocks additional collectibles on XRP Ledger Japanese financial heavyweight SBI Holdings has announced the sale of Poylgon NFTs that also give access to other collectibles on XRP Ledger. Known as the “Crypto Canvas Collection,” the financial giant will conduct the sale through its subsidiary SBI Digital Community, with the sale ending on October 14. SBI...

Bitcoin suffers pullback: What can push BTC to 100K now?

contributor Posted: November 27, 2024 Share this article A look at why Bitcoin failed to soar above $100,000 last week. Why a pullback was inevitable and what to expect moving forward. Bitcoin’s [BTC] came close to clocking a six-digit price tag, but it did not manage to do so. This was contrary to high expectations, and it has since then pulled back considerably, especially during the weekend. The Bitcoin Fear and Greed Index demonstrates just how the sentiment has shifted over the last few days. It was still in extreme greed, but notably dropped from 90 at its peak last...

Sequels That Outshine: After Pepe (PEPE), Bome (BOME), and Dogwifhat (WIF), This Coin Is Primed for 100X Success

PAW integrates DeFi with NFTs, raising $4.5M in presale, poised for 100X returns amid Bitcoin’s surge. PEPE mirrors Bitcoin, eyes $0.00001028 with market optimism and institutional interest.” BOME rallies 14% to $0.01076, signals bullish momentum with a 211% volume surge and breakout from bearish trends.” Pepe, BOME, and Dogwifhat have captivated investors with significant market surges and enthusiastic community support in a whirlwind of cryptocurrency movements. Pepe has shown resilience, closely tracking Bitcoin’s ascent, while BOME’s recent rally above crucial resistance levels signals a bullish resurgence. Dogwifhat, on the other hand, has soared past the $2 billion market cap milestone,...

Don’t Miss Out, Join Now: Best 7 Cryptos to Buy This Month with 100x Potential

The crypto market in December 2024 is firing on all cylinders, with altcoins grabbing the limelight as investors look for the next big opportunity. While major players like Bitcoin and Ethereum often dominate headlines, savvy traders know that the real gains lie in discovering the best cryptos to buy in December 2024 before they skyrocket. One coin leading the charge is Qubetics ($TICS), a project that’s pushing boundaries with practical, real-world applications. But it’s not the only one. Let’s dive into seven altcoins with the potential to deliver massive returns this month. 1. Qubetics ($TICS): A Web3 Pioneer Reshaping Privacy...

Semler Scientific acquires additional 101 Bitcoin, holdings now at 929 BTC

Semler's strategic Bitcoin purchases align with broader treasury goals. Key Takeaways Semler Scientific has increased its Bitcoin holdings to 929 BTC with a recent purchase of 101 Bitcoin. The company's total investment in Bitcoin now stands at $63 million. Semler Scientific, a healthcare company that has recently adopted a Bitcoin treasury strategy, acquired an additional 101 Bitcoin (BTC), bringing its total holdings to 929 BTC within over two months, the company shared in a Monday press release Since May this year, Semler Scientific has spent $63 million in Bitcoin purchases as part of the company’s broader strategy to integrate Bitcoin...

Spot Bitcoin ETFs Ride Ethereum ETFs Coattails As BlackRock Sees Record Daily Inflows

Spot Bitcoin ETFs are riding high on the success wave of Ethereum ETFs, fueling a surge in crypto investments like the ETFSwap (ETFS) presale, as BlackRock reports record-breaking daily inflows. This exciting trend marks a new era in the cryptocurrency market, drawing unprecedented interest and capital. Spot Bitcoin ETFs are currently experiencing a significant boost in popularity, riding on the success wave of Ethereum ETFs. This surge in Spot Bitcoin ETFs has led to record-breaking daily inflows for BlackRock, a leading asset management firm. BlackRock’s iShares Bitcoin Trust (IBIT) has recently achieved a notable milestone, with an inflow of $526...

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...

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...

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...

‎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,...

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...

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,...

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...

Binance’s latest 1.6M token burn – Enough to push BNB above $600?

contributor 1.64 million BNB tokens worth nearly $970 million were burned in the second quarter of 2024. Recent price action shows resistance around $600 level. Binance Coin [BNB] has completed another significant token burn in the second quarter of 2024. Data from Bscscan reveals 1,643,698.8 BNB tokens were removed from circulation, valued at approximately $969 million at the time of the burn. This substantial reduction in supply continues BNB’s deflationary trend. Source: Bscscan The burn rate remains strong, aligning with Binance long-term strategy to reduce its total supply. Each quarterly burn is aimed at reducing the circulating supply contracts and...

3 Altcoins to Watch in the Fourth Week of November 2024

Altcoins like GOAT, SUI, and POPCAT have faced notable shifts in momentum following their recent peaks. GOAT, which hit an all-time high of $1.37, has declined 25.42% over the past week, falling out of the top 10 meme coin rankings. SUI, after reaching $3.94, has dropped 7.56%, slipping below a $10 billion market cap and trailing behind altcoins like Bitcoin Cash and Chainlink. Meanwhile, POPCAT has seen a sharp 21.00% decline from its $2.08 high, signaling potential further corrections as bearish technical patterns emerge. GOAT GOAT price has seen a significant decline, dropping 25.42% in the past week and falling...

Stablecoin Market Hits $190B As Yield-Bearing Alternatives Gain Traction

This week, the stablecoin market cap reached a new milestone, surpassing $190 billion and breaking its previous record from April 2022. The surge coincides with Bitcoin hitting all-time highs and the overall cryptocurrency market cap soaring to $3.4 trillion, underscoring the rapid adoption of stablecoins in the digital finance ecosystem. Tether, the largest stablecoin issuer, continues to dominate the market, minting an additional $1 billion in USDT yesterday. Since November 8, Tether has minted an impressive $14 billion in USDT, reflecting robust demand for its offerings. Yield-bearing Stablecoins Like $USDS Emerges As Strong Competitors However, yield-bearing stablecoins are emerging as...

Shift from crypto to cash-margined contracts continues post-2024 halving

Shift from crypto to cash-margined contracts continues post-2024 halving News Desk · 1 month ago On-chain Highlights DEFINITION: The percentage of futures contracts open interest that is margined in the native coin (e.g. BTC), and not in USD or a USD-pegged stablecoin. Bitcoin’s percentage of crypto-margined futures open interest on all exchanges shows notable fluctuations. The percentage declined from around 23% in January 2024 to approximately 20% by mid-February, aligning with a rising Bitcoin price. Notably, after the April 2024 halving, the metric saw heightened volatility, spiking above 27% before retreating below 24% by June. Bitcoin: Percent Futures Open Interest...

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Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity