Gekocrypto Global News

‎Najran Cement, Arabian Cement record 52-week lows Potential Altcoin Season in August, Says JPMorgan The German Government Transfers 5,103 Bitcoins Worth Approximately $300 Million! Swacch Bio to invest over ₹1,000 crore in Telangana to establish 2G Bioethanol plant FTX sues Binance, CZ to reclaim $1.76B in fraudulent transfers BNB Chain network booms – So why does the altcoin continue to struggle? Binance Price Prediction: BNB Coin Price Targets $800 This Q4? Santiment Reveals Top Large-cap Altcoins to Buy for Maximum Gains Morgan Stanley to Offer Clients Spot Bitcoin ETFs IBIT and FBTC Binance US Ex-CEO Brian Brooks Tops List for SEC Chair UFC Star Alex Pereira Boosts BDAG; BTC & ETH ETF News Blockchains Against Corruption

Bitcoin dominance has been signaling an inevitable reversal in the near term, which will trigger the much-anticipated altcoins bullish breakout. The ongoing Bitcoin (BTC) price pump above $67k on Friday carried with it most of the altcoins led by Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE). Furthermore, the recently approved spot Ethereum ETFs, apart from Grayscale’s ETHE, have been registering significant cash inflows in the past three days. As a result, the confidence in the altcoin industry has significantly improved in the recent past, with more institutional investors adopting the web3 projects. Although Bitcoin dominance has scaled to a new...

26.07.2024

This Hedge Fund Now Has a 1,000x Profit on Bitcoin

This Hedge Fund Now Has a 1,000x Profit on Bitcoin Dan Morehead's Pantera Capital Management was one of the first funds to get into bitcoin (BTC) back in July 2013. Nov 26, 2024, 8:12 p.m. UTC Pantera Capital Management’s Bitcoin Fund just hit a milestone: a 1,000-fold gain in the value of its crypto holdings since launch. Started in 2013 as one of the first investment products exposing customers to crypto, the fund has returned 131,165% after expenses and fees. As noted by founder Dan Morehead on X, the fund saw a huge surge following Donald Trump's election as U.S....

26.11.2024

The German Government Transfers 5,103 Bitcoins Worth Approximately $300 Million!

Home / Crypto Live News / The German Government Transfers 5,103 Bitcoins Worth Approximately $300 Million! Crypto Live News Author: Elena R Elena R Author Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Jul 10, 2024 18:57 Today, the German government has transferred another 5,103 Bitcoins worth $299.8 Million to multiple exchanges. Kraken, FlowTraders, Coinbase, Cumberland, and B2C2 Group about three hours ago. Reportedly, the German government has transferred 31,140 BTCs since...

10.07.2024

All News

The Next Altcoin Season Will Be Driven by Meme Coins Over Ethereum

The Altcoin Season is highly awaited as it has been nearly seven months since the last time the not-Bitcoin tokens enjoyed gains. The arrival of the altcoin season has been speculated to be triggered by either institutional investors or the launch of spot Ethereum ETFs. Still, the reality might be a little different. Meme Coins Push Forward The next altcoin season could result from the bullishness noted towards meme coins. While Artificial Intelligence (AI) and Real World Assets (RWA) tokens have been the talk of the town, meme coins have been the leaders. In the last season, i.e., the last...

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...

Will Trump’s crypto plans boost or break the US dollar?

Homepage > News > Finance > Will Trump’s crypto plans boost or break the US dollar? Crypto bros are hoping that Donald Trump’s second term will continue to boost the BTC token’s fiat value, while others fear that Trump’s desire for a strong U.S. dollar could undermine the dollar’s status as the world’s reserve currency. While last month’s re-election of Trump to a second term as U.S. president added significant fiat value to the BTC token, many crypto bros won’t be satisfied until Trump makes good on his vow in July to establish a “strategic national [BTC] stockpile.” Trump said...

Naira Continues to Appreciate at Official Market

Naira Against Dollar Naira Continues to Appreciate at Official Market The naira has continued to strengthen on the official trading window, the Nigerian Autonomous Foreign Exchange Market, as the Central Bank of Nigeria launched the new Electronic Foreign Exchange Matching System this week. According to data on the CBN website on Thursday, the naira closed trading at 1,567/$ compared to the closing rate of Wednesday which was 1,608/$. This marked a steady strengthening from Monday when it closed trading at 1,660/$ from 1,663/$ in the previous trading session. On Tuesday, the naira closed at 1,625/$. In the parallel market, the...

British TalkTalk Hacker Jailed for Cryptocurrency Scam

By Mark Hunter 2 weeks agoTue Jul 30 2024 08:15:05 Reading Time: 2 minutes British hacker Elliott Gunton has been sentenced to three-and-a-half years for his role in a cryptocurrency fraud Gunton admitted to scamming Coinbase users out of more than $900,000 in 2018 and 2019 The hacker was previously jailed for the 2015 TalkTalk data breach and has been indicted by US authorities A British hacker has been sentenced to three-and-a-half years in prison for his part in a cryptocurrency fraud that saw users scammed out of more than $900,000. Elliott Gunton, a 24-year-old from Norwich, admitted offences dating...

8 Practical Ways to Build Wealth with Cryptocurrency in 2024

You are here: Home / News / 8 Practical Ways to Build Wealth with Cryptocurrency in 2024 Through cryptocurrency, new opportunities to create big money have opened up: from being a beginner or advanced investor to getting rich quickly. In this article, we’ll explore eight popular methods to grow your wealth in the world of cryptocurrency, starting with the most reliable and widely used strategy crypto staking. Crypto Staking Yield Farming NFT Flipping Crypto Trading Initial Coin Offerings (ICOs) and Token Crypto Mining Decentralized Finance (DeFi) Lending Play-to-Earn (P2E) Games 1. Crypto Staking: Earn Passive Income with Minimal Effort Crypto...

XProtocol ‘Superchain’ Seeks to Drive Mainstream Adoption of eGaming

The eGaming industry is experiencing rapid growth, with a global market size expected to reach $127 billion by 2027. Among the many factors driving this demand is web3 gaming, with in-game asset ownership, community-driven development, and greater transparency providing richer gaming experiences. Yet blockchain-based gaming is still in its infancy. Many projects struggle to gain traction due to high fees, high latency, and a clunky user experience integrating web3 wallets. Built on top of the popular Layer 2 (L2) Base chain, XProtocol aims to change the game with an entertainment and gaming-focused ‘superchain’ to combat scalability issues in web3 and...

A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted the policy as a move to simplify taxation, promote long-term holding strategies, and support technological innovation. The exemption also applies retroactively to digital assets acquired before 2025 if sold under specific conditions. These changes align with the European Union’s Markets in Crypto-Assets (MiCA) framework, set to standardize cryptocurrency regulations across the bloc by Dec. 30, 2024....

PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has been spotted on the blockchain during the last 24 hours. The transfer involved the movement of 1,286,733,285,955 tokens on the network, worth more than $14.7 million when the transaction went through. Given this large scale, it’s likely that a whale entity was responsible for the...

TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard

The Ton Blockchain has exploded over the past few months, thanks to the team’s involvement in the trend of play-to-earn clicker games. The team, in collaboration with Tonkeeper, has developed a new Smart Wallet standard to improve several ecosystem features. Users can now send and receive USDT on the network without owning Notcoin, improving the onboarding process for new participants. The Wallet Standard will support improved security features such as 2FA and new password recovery mechanisms. The TON blockchain has witnessed an influx of people joining the ecosystem thanks to the network’s success in hosting several powerhouse GameFi titles. Apps...

Cardano Whales Quietly Accumulate Rival Altcoin for a 9,302% Gain by January

You are here: Home / News / Cardano Whales Quietly Accumulate Rival Altcoin for a 9,302% Gain by January Cardano is one of the top tokens on a bullish run in the last Quarter of 2024. With its upward trend in the last few days, It is only normal for traders to lean towards investing in ADA. However, top expert analysts discovered some interesting trends that involve whales massively buying a rival RWA altcoin with the potential to deliver an early 9302% ROI. The Bullish Sentiment of Investors on Cardano and PropiChain Over the years, Cardano has supported decentralized applications...

ICP’s road to $20 depends on altcoin hitting THESE milestones

contributor Posted: November 10, 2024 Share this article ICP formed a bullish pennant pattern, with the critical resistance level at $10.90 Steady social volume and bullish liquidation trends underlined growing interest and positive sentiment in ICP After months of consolidation, Internet Computer Protocol [ICP] could be poised for a significant bullish breakout. Trading at $8.35 and up by 8.29% at press time, ICP seemed to form a bullish pennant pattern on the charts. This is a structure that often signals potential for upward movement. Therefore, a successful breakout could propel ICP towards the $20-mark, offering compelling buying opportunities for investors...

Proof of Operation Chokepoint 2.0

Newly released documents from the FDIC show a concerted federal effort to de-bank crypto companies, showing long-held theories were correct. Updated Dec 6, 2024, 8:43 p.m. UTC Published Dec 6, 2024, 7:49 p.m. UTC So, now we know. Operation Chokepoint 2.0 was real. There really was a co-ordinated federal government effort to de-bank crypto following the collapse of three mid-sized crypto-friendly lenders (Signature, Silvergate and Silicon Valley Bank) in March 2023. The crypto industry, led by VC-commentator Nic Carter, has long suspected and railed against de-banking. But, until today, we didn’t have much documentary evidence. Friday morning, internal communications at...

PEPE soars to $11 billion market cap, price sets new record high

PEPE's rally is back, and it brings other meme coins along for the ride. Key Takeaways PEPE has seen a 1,538% increase year-to-date, outperforming most top 100 crypto assets. Binance.US, Coinbase, and Robinhood recently announced support for PEPE trading. Pepe coin (PEPE) reached a new all-time high of $0.000026 over the weekend, pushing its market cap above $11 billion for the first time ever, according to CoinGecko data. PEPE spikes to a new record high As of the latest data, the frog-themed meme token is trading at over $0.000025, reflecting a 17% surge in the past 24 hours. Its market...

Stocks to buy today: Wipro, L&T among top 9 trading ideas

Synopsis The Indian market is expected to consolidate, with Nifty facing resistance at 24,850 and support at 24,400. Analysts suggest a trading range between 24,200 and 25,000. Several stocks are recommended for short-term trading, including Nippon Life, APL Apollo, and Jindal Steel. Shutterstock.com Indian market is likely to consolidate on Wednesday tracking mixed global cues. The Nifty future closed negative with losses of 0.04% at 24684 levels on Tuesday. Indian VIX closed at 13.78 in the previous session. On the options front, the maximum Call OI is placed at 25,000 and then towards 24,700 strikes while the maximum Put OI...

Ethereum ETF Day 1 beats ‘20% of BTC’ estimate – What’s next?

Journalist ETH ETF’s first-day results outperformed analysts’ estimates of 15-15% of BTC ETFs. BlackRock’s ETHA led the way, but Grayscale bled out nearly a half-billion in outflows. U.S. spot Ethereum [ETH] ETFs had a remarkable debut, clocking over $1 billion in trading volumes. Grayscale’s ETHE, alongside BlackRock and Fidelity ETH ETFs, saw over $100 million in day 1 trading volumes. The rest, including Vaneck, Franklin and Invesco Galaxy, saw their ETFs hit daily trading volume above $10 million apart from 21Shares. From a flow perspective, Bloomberg data revealed that the products logged $107 million in net inflows, led by $266.5...

Dogecoin Price Prediction: Can DOGE 3x and Reach $1 in Bull Run as Next-Gen Altcoin Gains Traction

Dogecoin (DOGE) is back in the spotlight, surging 163.0% this month to hit $0.426—its highest level of the year. With crypto influencer DonAlt predicting a “second leg” of growth and Elon Musk’s tweets fueling excitement, many wonder: can DOGE 3x and reach $1? Meanwhile, JetBolt (JBOLT) is making waves with its zero-gas technology and presale traction, selling over 66 million tokens. Offering gas-free transactions and user-friendly staking rewards, JetBolt is quickly gaining traction among crypto whales and positioning itself as something to watch out for in the upcoming bull run. With Dogecoin’s meme-powered charm and JetBolt’s steady climb, the stage...

Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

The legal battle surrounding Tornado Cash developer Alexey Pertsev has reached a critical juncture as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code. According to the support account for Pertsev and Roman Storm, Pertsev, who was arrested two years ago and is embroiled in a high-stakes legal dispute, is now facing an uphill battle against government forces equipped with vast resources dedicated to his prosecution. The support account highlighted the dire financial situation, noting that Pertsev has exhausted his funds. “It’s time to take a stand with Alexey and fight for...

EUR/USD weakens to near 1.0550 on ECB rate cut bets

EUR/USD loses traction to around 1.0550 in Monday’s Asian session. Markets see a potential December rate cut by the Fed. The ECB is anticipated to cut another 25 bps at its December meeting on Thursday. The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading hours. Investors will closely monitor the US Consumer Price Index (CPI) inflation report for November, which is due on Wednesday. On Thursday, the European Central Bank (ECB) interest rate decision will take center stage. Investors will be looking for clues about what comes next. The expectation of a...

Memecoin Sector Captures 11% of Market, Reaching $127B Market Cap

Memecoins captured an 11% share of the crypto market in 2024, valued at US$127.6 billion, amid broader sector growth. The influence of Memecoins is unusually strong early in the bull cycle, persisting even as Bitcoin consolidated. Mog Coin and GmeStop surged by 46% and 55%, respectively, partly driven by influencer activity. Dogecoin remains a major player, holding the seventh market cap rank, with significant gains but still below its peak price. The Memecoin-boom of 2024 has been dominating the crypto-sector and if it wasn’t for the approval of Spot Bitcoin and Ethereum exchange-traded funds (ETFs) not much notable would have...

BlockDAG’s Presale Booms with CEO Reveal, Affecting BTC & INJ Holders

BlockDAG’s Presale Skyrockets as CEO Antony Turner & Team are Revealed: Is It Time for BTC & INJ Holders to Switch? With a staggering 18.77% decline, Injective (INJ) holders grapple with market uncertainty, sparking a debate on its future prospects. Conversely, Bitcoin remains steady, maintaining its support level at $66K amidst economic uncertainties. Amidst these market fluctuations, BlockDAG unveils its leadership, including CEO Antony Turner, a blockchain expert. His leadership is thrusting the project to the forefront of the crypto world. This announcement has vaulted BlockDAG to a dominant position, captivating investors with a presale tally now exceeding $63.9 million....

GameStop’s stock jumps on surprise third-quarter profit

Earnings Results GameStop shares up 8.2% in extended trading Last Updated: Dec. 10, 2024 at 4:45 p.m. ET First Published: Dec. 10, 2024 at 4:25 p.m. ET Referenced Symbols Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales. GameStop, the original meme stock, posted late Tuesday third-quarter sales of $860 million, down from $1.078 billion in the prior year’s quarter. The average estimate of two analysts surveyed by FactSet was $888 million. GameStop earned $17.4 million, or 4 cents a share, in the quarter, after a loss...

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Santiment Reveals Top Large-cap Altcoins to Buy for Maximum Gains