Gekocrypto Global News

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 What You Actually Get When You Buy An NFT Altcoin Season Approaches as Key Indicators Flash Bullish Signals $TURBO Price Drops 11% After Team-Linked Wallet Deposits 810M Tokens To Exchanges Telegram Plans To Allow Conversion of Gifts Into NFTs SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures Pepe coin price prediction – Will profit-taking derail recovery? XRP vs Solana vs Cardano vs JetBolt: Which top altcoin will lead the 2024 Bull Run?

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

POPCAT (SOL), Michi (MICHI), and Memeinator (MMTR) surges capture investors’ attention

Victoria, Seychelles, June 28th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, will launch a unique social project in Vietnam. The campaign aims to educate people on how to use cryptocurrency securely and prevent fraud through engaging and understandable posters and banners. These educational materials, which will provide tips on detecting and avoiding cryptocurrency scams, will be displayed in public spaces such as bus stops, subways, and street billboards. Vietnam, one of Southeast Asia’s most dynamic economies, has consistently ranked highly on Chainalysis’ global crypto adoption index, currently holding the third position. According to a report by payment...

28.06.2024

How 2025 Gray Swan Events Could Shape Crypto Markets

If you are into crypto, you would be well experienced with its unpredictability. It is full of surprises. One day, prices soar and the next they might fall. According to Gareth Nicholson, Chief Investment Officer at Nomura, 2025 might bring some huge turmoil events to the global financial markets. He had made a 100 pages report for the next year that also contains some “Gray Swan Events”. Let’s understand what these events are and how they can affect the crypto market in the upcoming year. What These Gray Swans Mean for Crypto Gray Swan Events are such events which have...

06.12.2024

All News

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...

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...

Bitcoin NFT Sales Hit $4 Billion

By Philip Maina 2 months agoWed Jun 05 2024 10:55:20 Reading Time: 2 minutes Bitcoin NFTs sales volume has touched $4 billion setting a new record despite a slump in the collectibles market Bitcoin leads Ethereum and Solana in NFT sales volume in the last one month Bitcoin’s lead is likely fueled by BTC’s rising price The sales volume of Bitcoin NFTs has reached an all-time high of $4 billion, although $82 million has been attributed to wash trades. According to NFT sales tracker CryptoSlam , the Bitcoin NFT world has attracted over 521,565 and 435,916 NFT buyers and sellers,...

Cardano (ADA) Price Slows Momentum With Stabilizing Whale Activity

Cardano (ADA) price has surged an impressive 265% over the last 30 days, becoming one of the biggest gainers among the top 10 biggest coins, only behind Ripple (XRP). Whale accumulation, which drove confidence in November, has now stabilized, suggesting a cautious approach by major holders. ADA Current Uptrend Appears To Be Fading Away Cardano ADX has dropped to 19.4 from 33 on December 3, signaling a weakening trend. This decline indicates that the strength of ADA’s recent uptrend is fading, though the price remains in an upward trajectory. Between December 1 and December 3, ADA price surged almost 27%,...

ETH Dips as Analysts Predict More Trouble Ahead Post ETF Launch

ETH traders have incurred large losses, with nearly $108M liquidated in 24 hours as the cryptocurrency fell by almost 5%. Grayscale’s high-fee Ethereum ETFs in the US are experiencing outflows, while new, more affordable Ethereum ETFs are seeing inflows. Market analysis suggests more challenges ahead for Ethereum, impacted by weak fundamentals and broader market pressures. ETH traders have taken the largest losses in the past 24 hours, with almost US$108M (AU$165M) in long positions liquidated. This comes as the second-largest crypto has dropped close to 5% over the same timeframe. Related: TON Blockchain Introduces Gasless Transactions with New Smart Wallet...

Slain UnitedHealthcare CEO Brian Thompson’s tenure was marked by rocketing profits—and accusations of insider trading and coverage denial

As large companies grapple with fears about safety in the aftermath of the killing of UnitedHealthcare CEO Brian Thompson Wednesday morning in Manhattan, recent investigations have indicated that UnitedHealthcare may have made its coverage policies and procedures more stringent during Thompson’s tenure. Observers have speculated as to whether the insurer’s policies may have been a motive in the tragic death of the Minnesota father of two boys. UnitedHealthcare, which insures more than 29 million Americans, and its parent company UnitedHealth Group, are no strangers to scrutiny. A ProPublica investigation published last month found UnitedHealthcare effectively culled or limited some therapy...

Can Ethereum Classic’s Golden Cross take ETC’s price to $40?

Journalist Share this article ETC hit its highest price in over six months. It has continued to trend upward after hitting a critical price level. Ethereum Classic [ETC] is gaining attention after achieving a “Golden Cross,” a widely recognized bullish technical indicator. This milestone is often seen as a precursor to strong upward momentum. With ETC’s price momentum heating up, traders and analysts alike are debating whether this marks the start of a sustained rally or a temporary peak before a pullback. Examining the Golden Cross and technical indicators Ethereum Classic’s price surged to $33.20, at the time of writing,...

Injective offers users the ability to create their own AI agents with new SDK

Coinbase will delist WBTC on December 19, 2024, due to unmet listing criteria. WBTC will be moved to limit-only mode, with withdrawals still accessible. Coinbase’s cbBTC, launched in September, has been gaining market share in wrapped Bitcoin. Coinbase, one of the largest cryptocurrency exchanges, has announced it will delist Wrapped Bitcoin (WBTC) from its platforms on December 19, 2024. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — Coinbase Assets 🛡️...

Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift

Ethereum is currently at a pivotal point, with its key support level positioned around $2,700. The network is home to 11.11 million addresses holding a combined 59.07 million ETH. Data from @intotheblock indicates that approximately 3.69 million addresses each hold around 1.24 million ETH, with an average purchase price near $3,000. This price level represents immediate psychological support for Ethereum, though it remains weaker compared to the crucial $2,700 support zone. Within this broader support range, the 11.11 million addresses hold ETH at an average price of $2,647. In recent developments, Ethereum transaction fees have hit a nine-month low, with...

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down

In the final stretch of several U.S. congressional primaries, crypto-backed campaign-finance efforts are trying to add to their lists of friendly members of Congress. The industry's political action committees supported candidates in Tuesday's primaries in Washington state and Missouri, and they devoted $1.4 million in the hopes of ousting a prominent Democrat in Missouri. Support for one Arizona Democrat may be paying off, with the Yassamin Ansari's race moving to a recount with her still holding a 42-vote lead. After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting...

OKX to Delist Some BTC, ETH, and XRP Trading Pairs

The first batch, which includes pairs like LTC-ETH, MATIC-BTC, ADA-ETH, FIL-ETH, LINK-ETH, OKB-ETH, HBAR-BTC, EOS-ETH, QTUM-BTC, and GRT-BTC, will be delisted on July 25. Top cryptocurrency exchange OKX has made the tough decision of delisting a few trading pairs. With most of these exchanges, it is routine to constantly monitor the performance of all listed trading pairs and review their listing qualifications on a regular basis. Upon completing the recent review, OKX decided against continuing with some Bitcoin (BTC), Ethereum (ETH), and XRP trading pairs. OKX Aligns with Its Delisting Guidelines A significant part of the review has to do...

Bitcoin reserves on exchanges reach a 6-year low

Exchange outflows of $2.7B in Bitcoin highlight shifting investor behavior amid ETF milestones and declining on-platform balances. Key Takeaways Bitcoin reserves on exchanges have dropped to 2.3 million, the lowest level since November 2018. Data from CoinGlass shows $2.7B in weekly outflows and $7.58B in monthly outflows as confidence in Bitcoin grows with ETFs now holding 1 million BTC. Bitcoin reserves on exchanges have fallen to their lowest level since November 2018, according to a CryptoQuant-verified analyst. Bitcoin Exchange Reserve Chart (Source: CryptoQuant) Data from CoinGlass shows exchanges experienced outflows of roughly 30,000 Bitcoin, valued at $2.7 billion, in the...

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