Gekocrypto Global News

CYBRO: An altcoin gem primed for a surge Daily Active Ethereum Addresses Rise by Over 120% dxFeed Collaborates with Hybrid Trading Firm to Improve Market Data Access USD/JPY hovers around 146.00 after BoJ Summary of Opinions Binance Labs Kicks Off Season 7 Incubation Program with New Projects EthOS launches hardware device for Ethereum on-chain dApp interactions Gemini to Close all Canadian Accounts Brooklyn District Attorney Shuts Down 40 NFT Scam Websites AI Prophesies Bitcoin’s Future Price: Will BTC Soar or Sink by the End of Jan. 2025? Coinbase scraps Turkey plans, wants to dump AML laws What record inflows into BTC, ETH ETFs suggests about the market BNB Chain Reveals Plan to Onboard a Billion Users Into Web3

The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor, and former CFO Federico Tovar were implicated in overstating the company’s financial performance and failing to disclose critical information to investors. Specifically, in 2017, the company falsely projected $300 million in revenue but reported only $144 million. Additionally, Wu hid his personal interests in companies involved in deals with Ideanomics. In 2019, the company improperly accounted for a crypto asset deal, inflating...

11.08.2024

AI Prophesies Bitcoin’s Future Price: Will BTC Soar or Sink by the End of Jan. 2025?

In mid-November, we reached out to several artificial intelligence (AI) chatbots to forecast bitcoin’s value at the close of 2024. Fast forward to today, with bitcoin recently touching $103,647 per coin, we decided it was time for another round of predictions. This time, we posed a slightly altered question to a group of generative AI chatbots, asking them to predict the price of bitcoin for Jan. 31, 2025. 9 Chatbots Predict Bitcoin’s January 2025 Value With just over three weeks left in the month and bitcoin surpassing the six-figure mark, optimism is in the air as many wonder if the...

07.12.2024

Altcoin Season Approaches as Key Indicators Flash Bullish Signals

The cryptocurrency market is showing signs of an impending altcoin season, a period characterized by a surge in the price of other assets relative to Bitcoin. Market participants often shift their focus and capital toward altcoins during this period. A number of key indicators are beginning to point to this gradual shift in market dynamics. This analysis delves into some of these factors. Altcoin Season May Be Underway One such indicator is the increasing trend in TOTAL3, a metric that tracks the total market capitalization of all cryptocurrencies, excluding Bitcoin and Ethereum. As of this writing, it stands at $933...

23.11.2024

All News

XRP’s Bullish Path: $2 Breakout Could Lead to $44 in the Coming Months

You are here: Home / News / XRP’s Bullish Path: $2 Breakout Could Lead to $44 in the Coming Months Key Takeaways: XRP’s price could soon surpass the critical $2 level, triggering major FOMO. Open Interest (OI) for Ripple’s native tok en has hit an all-time high due to positive market catalysts. Political and regulatory shifts are fueling increased confidence in XRP’s future. XRP’s price movement is shaping up for significant potential, with major catalysts on the horizon. According to analyst EGRAG CRYPTO, the cryptocurrency has already used the $0.75 mark as a launch pad for earlier price surges, setting...

SEC charges BitClout/Decentralized Social founder with civil securities, wire fraud

SEC charges BitClout/Decentralized Social founder with civil securities, wire fraud Assad Jafri · 2 weeks ago · 2 min read Al-Naji is accused of orchestrating a fraudulent scheme involving the unregistered offering and sale of crypto asset securities, amassing over $257 million from investors under false pretenses. 2 min read Updated: Jul. 30, 2024 at 9:36 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The US Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji, the founder of the BitClout blockchain protocol, currently known as Decentralized Social (DeSo). Al-Naji is accused...

14-year-old Among Arrested Hong Kong Crypto Gang

By Mark Hunter 2 weeks agoMon Jul 29 2024 10:05:16 Reading Time: 2 minutes Hong Kong police have arrested four individuals, including a 14-year-old, for involvement in a $1.4 million crypto fraud syndicate The arrests have brought the total number of apprehended individuals for similar offenses to 14 since last October The syndicate has used fake banknotes in fake physical crypto exchanges to create the illusion of wealth Hong Kong police have arrested four individuals, including a 14-year-old, for their alleged involvement in a HK$11 million ($1.4 million) crypto fraud syndicate using fake banknotes. Chief Inspector Lo Yuen-shan of the...

Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency

Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to taxpayers who hold their assets in registered VASPs. These taxpayers will be exempt from taxes for up to $100,000 held in crypto. Argentina Clarifies Reach of Cryptocurrency Legalization Opportunity The government of Argentina has defined the reach and scope that the fiscal chapter of the recently passed Omnibus Law will have on undeclared goods and assets, including cryptocurrency. Now, Argentines can include undeclared cryptocurrency assets...

Hard Drop in Australian Blockchain Firms’ Revealed by KPMG Report

A report on the Aussie fintech industry by consultancy firm KPMG has found that the number of local blockchain companies fell by 14% in 2024, double the rate of the broader fintech industry. KPMG has attributed the decline in blockchain firms to the lingering effects of the 2022 crypto crash, the boom in AI drawing capital away from blockchain and high inflation rates creating a difficult capital-raising environment. The report suggests 2025 might be a better year for blockchain, with a crypto-friendly administration coming into power in the US and interest rates likely to be cut, freeing up more capital....

Best Altcoins to Buy This Weekend: Invest Early in $TICS While Cosmos and Polkadot Stay Strong for 2024

Best Altcoins to Buy This Weekend: Invest Early in $TICS While Cosmos and Polkadot Stay Strong for 2024 For seasoned traders and newcomers alike, the allure of altcoins—innovative projects built to disrupt industries—remains irresistible. Altcoins have consistently provided unique value propositions, from blockchain interoperability to decentralised finance (DeFi) solutions. In 2024, three standout projects—Qubetics (TICS), Cosmos (ATOM), and Polkadot (DOT)—have solidified their positions as some of the best altcoins to buy this weekend. Whether you’re looking for a revolutionary project with high potential returns, or a proven crypto mainstay offering stability, there’s plenty to explore. Polkadot and Cosmos, each with...

Altcoins Hit New Lows: Analysts Predict Potential Bullish Rebound Ahead

You are here: Home / News / Altcoins Hit New Lows: Analysts Predict Potential Bullish Rebound Ahead Altcoins have recently declined, reaching new lows against Bitcoin in the past week. A highly regarded crypto analyst, Michael van de Poppe, has commented on the development. In the recent X post, the analyst mentioned that most ALTs are down significantly. #Altcoins have been printing a new low against Bitcoin during the past week. However, the bottoming process is still ongoing. If next week is going to continue the moment of altcoins after the bounce, then it starts to look great. pic.twitter.com/iojvHATtfi —...

NEAR Protocol Surges After Launching Chain Signatures for DeFi and Bitcoin

NEAR Protocol’s new Chain Signatures technology allows smart contracts to sign transactions across blockchains like Bitcoin and Ethereum. This feature eliminates the need for multiple wallets and manual bridging, simplifies DeFi access and reduces dependency on separate gas fees. Co-founder Illia Polosukhin heralds this as a major step toward expanding and diversifying the Web3 user base, aiming for a user-owned internet. NEAR Protocol has just announced its “Chain Signatures Mainnet Launch”. This new technology ditches cross-chain bridges and lets users utilise smart contracts to “sign transactions on any blockchain”, Near Protocol said on X. So, while they say “any blockchain”,...

Telegram Prepares To Introduce NFT Conversion Feature For Gifts: Report

You are here: Home / News / Telegram Prepares To Introduce NFT Conversion Feature For Gifts: Report Telegram is expanding its blockchain capabilities by converting limited-edition Gifts into NFTs. The newly introduced Gifts feature allows users to send custom messages and convert them into Stars. Despite the broader NFT market slump, Telegram is confident in the future of NFTs and digital ownership. According to recent statements from Telegram CEO Pavel Durov, the messaging service is gearing up to expand its blockchain capabilities with a new non-fungible token (NFT) feature. This is after the platform released its “Gifts” feature, which lets...

EUR/USD soars above 1.0900 after poor US NFP report

EUR/USD jumps to near 1.0900 as the US Dollar plunges after a weak US NFP report for July. US labor demand appears to have slowed significantly, with slower wage growth. The Euro fails to capitalize on increased doubts over market expectations for two more ECB rate cuts this year. EUR/USD climbs to near the round-level resistance of 1.0900 in Friday's North American trading hours. The major currency pair rallies as the United States (US) Nonfarm Payrolls (NFP ) report for July showed signs of significant cracks in resilient labor market conditions. The report showed that US employers hired 114K new...

JUPITER PRICE ANALYSIS & PREDICTION (December 5) – JUP Advances Bullish With A Slight Break Up, Targets Yearly High

After undergoing a pullback for two weeks, Jupiter’s JUP resumed bullish and broke above a key resistance level. On the way up, March’s high is the next obstacle to keep in mind for a bigger price movement. During the November rally, which sent many altcoins to a new high, Jup posted notable gains but later faced tough resistance at $1.32 after recovering nicely from a local bottom. The price pulled back in the mid-month and reestablished support around the key $1 level. Bouncing off this key level in the late month, the price increased slowly and slightly broke above the...

Dogecoin Bull Elon Musk Could Integrate Ripple to X Payments, Expert Says This Could Kick a Massive Altcoin Season

The altcoin market is currently a hot topic in the crypto sphere, and it’s no surprise, given the recent market recovery. After a lengthy battle with the US SEC, Ripple (XRP) has made a notable comeback, surging over 20% following a favourable court ruling. This spike has not gone unnoticed by Dogecoin (DOGE) maximalist Elon Musk, with reports indicating that he could incorporate XRP into X payments. Experts believe this could begin an altcoin season, with RCO Finance (RCOF) at the forefront in cryptos with AI features. Ripple (XRP) Soars on Legal Clarity Recent legal news about Ripple has been...

Kraken chosen as distribution partner by the FTX Debtors

December 16, 2024 | News We have entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to retail customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization. To ensure clients receive funds when distribution starts, they can complete the necessary steps through FTX Debtors’ Customer Portal (https://claims.ftx.com) and select “Kraken.” We were founded over 13 years ago based on the belief that for crypto to flourish it was imperative to build an exchange people can trust. This was prompted by...

Trump Reaffirms Support for Crypto: Urges US to Lead in Digital Asset Innovation

TLDR Former President Donald Trump reiterated his support for Bitcoin and cryptocurrency during a livestream interview with Adin Ross Trump urged the US government not to sell its crypto holdings, but instead focus on developing the industry He compared crypto to artificial intelligence, stating that the US needs to innovate or risk falling behind countries like China Trump suggested the possibility of using Bitcoin to pay down the US national debt of $35 trillion In a recent livestream interview with popular streamer Adin Ross, former President Donald Trump reaffirmed his support for Bitcoin and cryptocurrency, urging the United States to...

SEC Tells ETH ETF Issuers Fund Can Start Trading Next Tuesday: Sources

ETH exchange traded-funds issuers were told by the SEC that funds can start trading July 23, according to sources. The SEC had no further comments on the recently submitted S-1s and the final versions needs to be submitted by Wednesday. ETH outperformed BTC on Monday, on the news of potential ETF trading approval. Prospective issuers of a spot ether (ETH) exchange-traded fund (ETF) were told by the Securities and Exchanges Commission (SEC) on Monday that the funds can begin trading next Tuesday, two sources familiar with the matter told CoinDesk. SEC officials told one issuer that the regulator had no...

Donald Trump’s plans and support for the ‘crypto’ industry

Homepage > News > Business > Donald Trump’s plans and support for the ‘crypto’ industry President-elect Donald Trump‘s plans for the cryptocurrency industry are in stark contrast to the Biden administration’s approach. Trump has made several proclamations about how crypto will benefit from his time in office. He pledged to make the United States the “crypto capital of the world,” to remove the crypto-aggressive SEC Chairman Gary Gensler from his post, to create a “Strategic Bitcoin Reserve,” and to make a crypto advisory council tasked with designing transparent regulatory guidance to benefit the digital asset industry. But what does any...

Australian Bitcoin ETF Reaches Milestone of 100 BTC Under Management

One of Australia’s first spot Bitcoin ETFs, The Monochrome Bitcoin ETF (IBTC) has just ticked over 100 BTC under management. The fund has experienced immense growth in the past two months, with holdings exploding from 17 BTC to over 100 in less than eight weeks. The bullish news comes as Aussie investors add crypto ETFs to their portfolios thanks to improved accessibility and heightened political discourse. Competitors to Monochrome, such as VanEck and DigitalX, offer similar products on the ASX. Australian Bitcoin ETFs have only been on the ASX for a handful of weeks – but crypto funds have been...

Trump Media is close to buying a cryptocurrency trading platform

In This Story President-elect Donald Trump’s social media company is reportedly in advanced negotiations to acquire the cryptocurrency trading platform Bakkt, according to a report by the Financial Times on Monday late afternoon. The publication cited two individuals familiar with the matter. Suggested Reading Trump's cabinet picks aren't ready to 'make nice' and that reality will set in soon, strategist says Suggested Reading The announcement had a dramatic impact on the stock market, with shares of both companies surging. Shares of Trump Media company ( DJT +2.02% ) climbed 16%, reaching $32, while Bakkt’s ( BKKT +3.26% ) stock skyrocketed...

AKASH NETWORK PRICE ANALYSIS & PREDICTION (August 12) – AKT Tests Crucial Trendline After A Week Retracement, Will It Break?

Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test $2 after initiating a fresh drop from $3.9 last month. Things became uglier on Monday as the supply level increased and the price further dipped to the $1.81 level. This level provided support and the price retraced slowly to where it’s changing hands at $2.88. Taking a close look at...

Binance, Coinbase come under scrutiny after latest CEX listing fee debate

Journalist Share this article Simon Dedic accused Binance of charging high listing fees Industry leaders have made similar claims against Coinbase in the past A recent revelation from Simon Dedic, CEO of Moonrock Capital, has ignited a debate over the costs and accessibility of centralized exchange (CEX) listings. In a post on X, he recounted a conversation with a “Tier 1” project that had raised nearly nine figures, only to find itself at an impasse with Binance . The project received a listing offer, but with a catch – Binance requested 15% of the total token supply in return. The...

Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Ethereum price nosedived after it settled below $3,000. ETH is down over 20% and it is now attempting to recover from the $2,000 zone. Ethereum started a major decline below the $2,800 and $2,650 levels. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it clears the $2,500 resistance zone. Ethereum Price Takes Major Hit Ethereum price started a major decline after it broke the $3,000 support....

Dogecoin Rivals PlayDoge & MPEPE Attract $10M Dogecoin Whale To Presale

In the ever-evolving world of cryptocurrency, the competition among meme coins is intensifying as new players enter the market with innovative concepts and promising returns. Dogecoin (DOGE), once the undisputed king of meme coins, is now facing stiff competition from emerging tokens like PlayDoge (PLAY) and Mpeppe (MPEPE). These two rivals have recently garnered significant attention, particularly from a Dogecoin whale who has invested a substantial $10 million in their presales, signaling a potential shift in the meme coin hierarchy. The Rise of PlayDoge (PLAY) PlayDoge (PLAY) has quickly become a standout in the meme coin space, thanks to its...

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SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures