Gekocrypto Global News

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 XRP’s Fate After SEC Meet Unravels ‎Mufeed debuts on Nomu today Cambodia Blocks 16 Crypto Exchanges Ginoa to List on MEXC Global Exchange on October 31, 2024 Staking crypto is it safe? TRON Shines in Q2 2024: USDT Hits $57.1B ATH, TRX Climbs to Top 10 This Hedge Fund Now Has a 1,000x Profit on Bitcoin

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

Family fears for detained Binance exec’s declining health in Nigeria

Family fears for detained Binance exec’s declining health in Nigeria Oluwapelumi Adejumo · 22 hours ago · 2 min read Gambaryan's wife appealed to the Nigerian government to release her husband for proper medical care. 2 min read Updated: Aug. 12, 2024 at 3:55 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The family of Tigran Gambaryan, the Binance executive detained in Nigeria, reported that he is being denied proper access to his legal team, and his health is rapidly declining, according to an Aug. 12 statement shared with CryptoSlate. Gambaryan, who traveled...

12.08.2024

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

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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...

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...

NZD/USD falls below 0.5750 due to increased risk aversion, awaits FOMC monetary policy

NZD/USD continues to lose ground amid market caution ahead of the Fed interest rate decision. CME FedWatch tool suggests almost fully pricing in a quarter basis point cut on Wednesday. The New Zealand Dollar faces challenges amid renewed concerns about China's economy. NZD/USD extends losses for the second successive day, trading around 0.5740 during early European hours on Wednesday. This downside of the pair could be attributed to the increased risk aversion ahead of the US Federal Reserve (Fed) due later in the North American session. However, the US Dollar (USD) remains subdued as traders are bracing for a potential...

Binance Tries to Head off Indian $86 Million Penalty

By Mark Hunter 6 days agoWed Aug 07 2024 08:03:12 Reading Time: 2 minutes Binance is contesting an $86 million tax showcause notice from India’s DGGI issued last week The notice pertains to fees collected from Indian customers from July 2017 to March 2024 Binance has recently accepted a $2.2 million fine for unregistered access by Indian users Binance is contesting an $86 million tax showcause notice issued by India’s Directorate General of Goods and Services Tax Intelligence (DGGI). The notice, issued last week, acts as a potential prelude to action, with the amount relating to fees collected from Indian...

Venezuela restricts access to Binance and X amid election unrest

Uniswap Layer 2 users have surged by 350%, but trading volume has dropped 39% since May. Poodlana’s presale has raised $6.3M, with the listing set for August 16 on Raydium. Poodlana’s token POODL is currently valued at $0.0499 with the price rising every 72 hours before listing. In a rapidly evolving crypto landscape, two key developments have captured the attention of the community. Uniswap’s Layer 2 (L2) user count has surged by 350% in recent months, while Poodlana (POODL), a viral Solana-based meme coin, is approaching its highly anticipated listing on Raydium. As market dynamics shift, both events highlight the...

Bit-trump.com test exchanger

Cryptocurrency is a digital or virtual form of currency that relies on blockchain technology for secure and transparent transactions. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks, meaning no single entity controls them. Bitcoin, the first and most well-known cryptocurrency, introduced the concept in 2009, enabling peer-to-peer transactions without the need for intermediaries like banks. Since then, thousands of cryptocurrencies have emerged, each with unique features and use cases, from smart contracts on Ethereum to privacy-focused coins like Monero.One of the key advantages of cryptocurrencies is their potential to provide financial services to unbanked populations, offering a...

BNB Chain Reveals Plan to Onboard a Billion Users Into Web3

By Philip Maina 4 weeks agoThu Nov 07 2024 11:11:54 Reading Time: 2 minutes BNB Chain has unveiled a tokenization solution to bring more people into web3 The solution eases the tokenization of real-world assets by removing the coding complexity BNB Chain considers tokenization to be among blockchain’s “most promising applications” Binance -linked BNB Chain has launched a solution that eases the tokenization of real-world assets (RWAs), aiming to onboard more people into web3 . According to BNB Chain, conventional businesses are exploring web3 to “streamline operations […] and engage new audiences.” The solution removes the need for entities to...

‎QFIs net sellers of SAR 16M stocks on Tadawul last week

Tadawul trading screen Qualified foreign investors (QFIs) were net sellers of SAR 15.92 million worth of stocks on the Saudi Exchange (Tadawul) in the week ended Nov. 28, according to recent data issued by Tadawul. Saudi corporates and mutual funds were net sellers of shares worth SAR 1.1 billion and SAR 571.5 million, respectively. Meanwhile, retail investors and government entities were net purchasers of shares worth SAR 835 million and SAR 533 million, respectively. Traded Value by Nationality & Investor Type (SAR mln) Investor Classification Total Buys Total Sales Net Investment Saudi Investors Retail 9119.03 8284.09 834.94 High-Net-Worth Investors 4865.04...

Hamster Kombat Announces NFT Plans

By Philip Maina 2 months agoFri Sep 27 2024 11:09:45 Reading Time: 2 minutes Hamster Kombat has announced that it plans to create NFTs The NFTs will be part of in-game assets The game’s roadmap also includes a web3 game Hamster Kombat recently revealed that it plans to explore the NFT space by creating a web3 game and offering collectibles as in-game assets. The Telegram clicker game’s creators revealed that the game’s 2025 roadmap revolves around venturing deeper into the web3 world and keeping players engaged after the just concluded season 1 phase. Its recent airdrop and listing, however, were...

Top Altcoins to Buy in August for 10x Profits

Despite the crypto market’s signals of a potential intense pullback, the market is likely to turn around in the coming weeks. Further, the potential upcycle in Bitcoin from $60,000 could kickstart the next altcoin rally. Witnessing an intense correction phase during the market pullback, the altcoin segment could outperform top names if the market recovers. So, let’s take a closer look at our list of top altcoins to buy in August for 10x Profits. Top Altcoins To Buy This Month: Trading at the psychological support of $0.10, the meme coin with a $98M market cap shows a 10x potential this...

MetaTrader 5 Optimizes Trading Infrastructure with Build 4730

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers...

South Korea imposes new supervisory fees on top exchanges

South Korea’s financial services watchdog has slapped new supervisory fees on the country’s exchanges under a new digital asset framework. The Financial Services Commission (FSC) recently introduced the Virtual Asset User Protection Act, bringing virtual asset service providers (VASPs) under its supervisory purview. One key stipulation is that any business under the FSC’s jurisdiction must pay a supervisory fee if its annual revenue exceeds KRW3 billion ($2.2 million). According to local media outlets, the eligible exchanges will collectively pay around $120,000 to the watchdog. Upbit, which controls over 80% of the Korean market, will bear the biggest share at $103,000...

Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher

Bitcoin price surged 9.7% from July 13 to July 15, pushing it to around $63,500. This rally managed to reverse the losses from the previous nine days, yet the $65,000 resistance level remained unbroken for four consecutive weeks. Some traders attribute this recovery to speculation that China may lift its long-standing ban on Bitcoin. However, no official statement from the Chinese government has confirmed such rumors. Bitcoin derivatives markets are not projecting optimism Despite the positive outlook, which includes a leading US presidential candidate expressing support for Bitcoin, BTC derivatives do not reflect the same enthusiasm. Market participants are now...

Coinbase Files with CFTC to List Futures for Altcoins, Including Polkadot and Shiba Inu

Coinbase has announced plans to list futures contracts for five altcoins, including Polkadot (DOT) and Shiba Inu (SHIB), marking a significant expansion in their product offerings. The move aims to provide more access points for managing risk and speculating on price movements within the cryptocurrency market. Coinbase has filed with the Commodity Futures Trading Commission (CFTC) to list futures contracts for five altcoins: Polkadot (DOT), Shiba Inu (SHIB), Stellar (XLM), Avalanche (AVAX), and Chainlink (LINK). These futures products are set to begin trading on or after July 15, 2024. The addition of these futures marks a significant expansion in Coinbase’s...

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