Gekocrypto Global News

German State Ends BTC Sale, as Market Experiences Uptick Can vertical AI agents help truly scalable blockchains? BTC and ETH Are on Everyone’s List, but Will CYBRO Outperform Both by 2025? HashKey OTC Secures Major Payment Institution License in Singapore Bitcoin suffers pullback: What can push BTC to 100K now? Bitcoin retreats as German government selling intensifies Bitcoin Price Could Soon Break $100,000, Blockchain Firm Explains How Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? ‎Yanbu Cement, Derayah REIT go ex-dividend today XRP Lawsuit News: Can Gensler’s Replacement Paul Atkins Dismiss Ripple Case? Bernstein Urges Investors to Buy Crypto as It Predicts $200k per Bitcoin in 2025 $WHY Token Surges To New High, Market Cap Exceeds $100 Million

One of the biggest Bitcoin liquidations in history has drawn to a close, with the German State Government Saxony finalising its last sales. The move came as State authorities seized a whopping AU $4b worth of Bitcoin from movie pirating site Movie2k.to. Unfortunately, the State’s legislation required any assets seized by law enforcement to be liquidated. However, with sell pressure finally easing, Bitcoin has steadied to post nearly 10% gains over the past week. One of the biggest factors behind Bitcoin’s late June slump has come to an end, with the German Government finally completing its BTC liquidation. The price...

15.07.2024

Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

You are here: Home / News / Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? Bitcoin dominance drops 10%, signaling a shift toward altcoins as they gain momentum and market share in the coming weeks. As Bitcoin’s dominance weakens, altcoins are surging, presenting new opportunities for investors looking to diversify. With BTC dominance declining, altcoins are rising rapidly, marking a shift in market focus towards alternative cryptocurrencies. Egrag Crypto presented the Bitcoin Dominance Index demonstrating the trends and tendencies that indicate the increase of the altcoins’ dominance. As pointed out by the analyst in the recent X...

03.12.2024

Bitcoin Price Could Soon Break $100,000, Blockchain Firm Explains How

The Bitcoin price continued its red-hot form over the past week, printing successive all-time highs in less than five days. While Donald Trump’s success at the United States elections might have kickstarted the recent rally, the growth of the premier cryptocurrency — and the general crypto market — seems to have developed a life of its own. Interestingly, the market has been left wondering where the next market top is, with some pundits and commentators believing that the BTC price rally has come to an end. However, a prominent on-chain analytics firm has come forward to say that the Bitcoin...

16.11.2024

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Devexperts to Expand Operations in MENA: Dubai Office Planned for 2025

Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 🔍 Dubai’s Rise as a Global Business Hub: Insights from Naeem Aslam In this interview, Naeem Aslam, discusses Dubai's growing significance as a global business and financial center. With its strategic location, Dubai offers a favorable time zone for trading global markets, particularly the U.S. stock markets, giving businesses a competitive edge. Access to a diverse...

BlackRock’s Bitcoin ETF Surpasses Over 50 European Funds Combined

BlackRock’s Bitcoin ETF (IBIT) now has more assets under management (AUM) than all 50+ regional ETFs in the European market combined. Some of these products have existed for 20 years, highlighting IBIT’s unprecedented rise. Bitcoin ETFs have been enjoying record-high inflows in the past month, and BlackRock is comfortably leading the cohort. BlackRock’s IBIT: A Historic Success This surprising stat was revealed earlier today by ETF analyst Todd Sohn, and his analysis centered on the viability of these regional ETFs and their comparison to the runaway success of Bitcoin products. “IBIT already has as much in assets as the 50...

Is This The Next Big Altcoin During The Upcoming Bull Rally?

With the crypto space holding its value above $2.15 Trillion, the market is on the verge of experiencing a new round of bullish rally. Further, with the dominance of Bitcoin increasing to 53.5%, the market leader is expected to achieve its $100,000 psychological mark during the coming time. However, with the rising volatility among altcoins, questions like “What is the future of Altcoins?”, “Which altcoin is set to dominate the crypto market?” or “What is the next big altcoin?” has sparked the crypto space. The Listing Of EthereumETF Could Turn Out To Be A Game Changer: The increasing possibility of...

Nordstrom is finally going private in a $6.25 billion deal

In This Story Nordstrom ( JWN -1.57% ) is finally going private after 53 years of trading on the public market. Suggested Reading Bitcoin's rapid rise could stall as the dollar gains strength in 2025, strategist says Suggested Reading Shares of the company fell slightly in early trading hours on Monday following the announcement that the department chain would be bought in all-cash deal valued at $6.25 billion . The transaction, backed by the Nordstrom family and Mexican retailer El Puerto de Liverpool, is expected to close in the first half of 2025, pending regulatory approval. “Today marks an exciting...

Bitcoin (BTC) Price Prediction (Dec 05th 2024)

Story Highlights The Bitcoin price hits $100k. A major milestone achieved by the cryptocurrency industry today. Sustained bullish action hints at a higher price target. With a historic price rally, the largest cryptocurrency in the world, Bitcoin price has achieved its prolonged price target of $100,000. Notably, this is a massive milestone for the crypto market and a stepping stone for the future of this cross-border financial system. Considering the present market sentiments, will Bitcoin continue displaying its bullish price rally? Or will this crypto token experience a major price correction with increased profit booking this month? Let’s find out...

Coinbase Faces Intense Backlash Over Account Restrictions Claims

Coinbase Support has come under severe scrutiny as users on X reported restricted access to their accounts. The backlash came after Coinbase claimed that a ‘minor increase’ in restricted accounts was due to prolonged inactivity and FUD (fear, uncertainty, and doubt) concerns. However, hundreds of users have commented on the post, detailing how their accounts have been frozen for months and even years. Users on X also left a community note, saying Coinbase’s statement is false. Coinbase Support Faces Major Scrutiny from Users On Monday, December 9, Coinbase support acknowledged a significant rise in account activity, including new and reactivated...

Time to Buy XRP? Whales Add $290M in Tokens

XRP, Ripple’s native token, is currently making a wave in the realm of cryptocurrency as it has outperformed major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and many others. Since Donald Trump was elected president of the United States, XRP has soared over 270%, marking the highest gain among the top 10 cryptocurrencies. XRP Beat Binance Coin (BNB), Eyes on SOL Amid this rally, XRP surpassed top cryptocurrencies like Binance Coin (BNB) and Dogecoin (DOGE). However, it is currently ranked fifth on CoinMarketCap, close to Solana (SOL), which is in the fourth position. Source: Coinmarketcap XRP Whales Adds $290M...

US SEC chief Gensler to step down on Jan. 20

Synopsis SEC Chair Gary Gensler, known for his ambitious agenda to regulate Wall Street and the crypto industry, will step down on January 20th. During his tenure, Gensler oversaw new rules to boost transparency and reduce risks in financial markets, as well as enforcement actions against firms using unauthorized communication channels and cryptocurrency exchanges. Reuters Gary Gensler U.S. Securities and Exchange Commission Chair Gary Gensler will step down on Jan. 20 when President-elect Donald Trump's administration takes over, the agency said on Thursday, ending an ambitious tenure that saw him clash with Wall Street and the crypto industry. "I thank...

Arthur Hayes Discusses his “Airheads” Bitcoin NFT Collection

By Philip Maina 1 week agoSun Aug 04 2024 08:00:56 Reading Time: 2 minutes Arthur Hayes has disclosed the idea behind his Bitcoin NFT collection called “Airheads” Hayes noted that collectibles in the collection represent “the inflation of our day” The collection has 10,000 ballon-like collectibles American entrepreneur and former BitMEX exchange CEO has explained the reasoning behind his Bitcoin NFT collection known as “Airheads.” According to Hayes, each collectible in the collection is a representation of how inflation has infiltrated different sections of our lives. Hayes added that the collection allows collectors to “showcase and flex” their wealth, which...

XRP eyes $5 breakout amid wins against the SEC

Journalist Q3 shows signs of a potential uptrend for Ripple’s XRP despite earlier declines. Legal wins for Binance and Ripple clarify regulations and influence XRP’s market outlook. In Q1 of 2024, Ripple’s XRP peaked at $0.68 on 10th March, the highest so far for the year, but has since struggled to reach that level again. However in Q2, on 12th March, XRP experienced a significant decline from $0.60 to $0.50 and has been unable to recover those losses. As of the latest update on 1st July, XRP showed an increase of 1.16% in the past 24 hours indicating some positive...

Qubetics Soars in Presale While Tron and Toncoin Expand Their Reach

Qubetics Soars in Presale While Tron Expands Decentralised Ecosystems and Toncoin Secures Telegram Integration In the ever-evolving landscape of cryptocurrency, exciting developments are happening all around. Recently, Qubetics has been making waves in the presale arena, raising over $4.2 million and attracting more than 6,000 holders. Meanwhile, Tron continues to expand its decentralised ecosystem, solidifying its place as a key player in the crypto space. Not too far behind, Toncoin is making headlines with its integration into Telegram, further bridging the gap between traditional messaging and blockchain technology. As these projects gain traction, the buzz around them is palpable, especially...

BDAG’s $65M Surge Dominates: More on Stacks and Ethereum ETFs

BlockDAG Overpowers Stacks and Ethereum ETFs with $1M Daily Gains – Presale Hits $65M Mark While Stacks (STX) has made headlines with its price jump to over $1.80, market unpredictability suggests potential downturns ahead. Concurrently, Ethereum ETFs have drawn significant attention, boosting trading volumes as Ethereum’s price crosses $3,345. However, the spotlight firmly belongs to BlockDAG . The cryptocurrency, under the leadership of CEO Antony Turner, has seen a remarkable presale rally to $65 million, including a $1 million increase in just one day, establishing its strong market position. Turner’s vision and BlockDAG’s rapid expansion position it as a top...

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...

Ripple starts testing its stablecoin RLUSD on XRP Ledger and Ethereum

Ripple starts testing its stablecoin RLUSD on XRP Ledger and Ethereum Gino Matos · 3 days ago · 2 min read The RLUSD is not available for retail users yet, as Ripple tests the stablecoin with its enterprise partners. 2 min read Updated: Aug. 9, 2024 at 9:15 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Ripple has initiated beta testing of its USD-backed stablecoin, Ripple USD (RLUSD), on the XRP Ledger (XRPL) and Ethereum mainnet. According to the announcement , Ripple wants to bring “high-quality assets to the XRPL,” enhancing liquidity and...

Venom Expands into India with Dual Listings on WazirX and CoinDCX

2024-07-05T09:52:53.880+02:00 F r i d a y , 0 5 / 0 7 / 2 0 2 4 | 0 9 : 5 2 G M T + 2 by FM India has emerged as a vital hub for blockchain and crypto. Venom Foundation is pleased to announce a major milestone in its global expansion strategy: the listing of its native token, $VENOM, on two of India’s leading cryptocurrency exchanges, WazirX and CoinDCX. This pivotal move grants Venom access to a massive user base in the world’s most populous country, further driving the adoption and visibility of $VENOM."We are thrilled...

Aethir Launches $100M Ecosystem Fund With Blockchain Center Abu Dhabi

Aethir has partnered with the Blockchain Center Abu Dhabi (ADBC) to foster Web3 innovation in the MENA region. They will focus on advancing AI and gaming projects through Aethir’s $100 million Ecosystem Fund, which includes graphics processing unit (GPU) subsidies and token grants for eligible ventures. Aethir’s decentralized GPU cloud infrastructure provides high-performance computing solutions, while ADBC will support project onboarding with regulatory and market expertise. The partnership aims to drive global Web3 innovation, especially in AI and gaming. Tags in this story Image Credits: Shutterstock, Pixabay, Wiki Commons Continue in the Bitcoin.com App Read in app and unlock free...

Crypto AI agent platform Virtuals Protocol hits $1.4 billion market cap

Virtuals Protocol’s AI agents boost Base adoption with $1.4 billion market cap and 150% token surge. Photo: Virtuals Protocol Key Takeaways Virtuals Protocol's native token has reached a $1.4 billion market cap due to the high demand for AI agents. Base blockchain's TVL reached $3.5 billion, overtaking Arbitrum as the largest Ethereum Layer 2. Virtuals Protocol, an AI agent deployment ecosystem, has reached a peak market cap of $1.4 billion as the AI agent narrative expands beyond Solana and extends to Base. The platform’s native token, VIRTUAL, has surged 150% in value over the past week, driven by growing demand...

Mastercard and JPMorgan Partner to Bring FX to the Blockchain

By Mark Hunter 2 weeks agoFri Nov 22 2024 08:16:35 Reading Time: < 1 minute Mastercard and JPMorgan have announced a collaboration to integrate blockchain technology into foreign exchange transactions The partnership aims to enhance the efficiency and transparency of cross-border payments by leveraging distributed ledger technology This initiative reflects a growing trend among financial institutions to adopt blockchain solutions for traditional banking operations ] Mastercard and JPMorgan have joined forces to incorporate blockchain technology into foreign exchange transactions, aiming to improve the speed and clarity of cross-border payments. This collaboration signifies a broader movement within the financial sector toward...

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...

Why memecoins can outshine altcoins during the next crypto rally

contributor Posted: November 18, 2024 Share this article Memecoins have been outperforming altcoins in market activity and hype. Tokens like Dogecoin and Pepe are outpacing altcoins in trading volumes. While altcoins like Ethereum [ETH] and Solana [SOL] have long dominated the spotlight, memecoins are now taking center stage, driving both hype and market performance. With iconic tokens like Dogecoin [DOGE], Shiba Inu [SHIB], and Pepe [PEPE] seeing significant price movements, many are beginning to wonder: Is memecoin season the new altcoin season that everyone’s been waiting for? The numbers behind the hype Source: CoinGecko Memecoins are flexing their market muscle,...

XRP Price Rockets Past $2.50: Is More to Come?

XRP price is up over 30% and trading well above $2.20. The price is consolidating near $2.40 and might aim for more gains above the $2.50 level. XRP price is eyeing a fresh increase above the $2.00 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.08 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the $2.50 resistance. XRP Price Starts Fresh Increase Above $2.00 XRP price remained supported near...

TOKEN2049 Singapore set to be world’s largest web3 event with 20,000 attendees

As the world’s largest and most prominent crypto and blockchain event, TOKEN2049 is set to break all records for its 2024 edition Taking over Singapore and the entirety of the Marina Bay Sands, TOKEN2049 promises its most immersive festival experience unlike any other before seen Speaker highlights include Binance CEO Richard Teng; Solana Founder Anatoly Yakovenko; prolific entrepreneur Balaji Srinivasan; whistleblower Edward Snowden; Maelstrom CIO Arthur Hayes; Schelling AI Founder Emad Mostaque and many more. TOKEN2049 , the world’s largest crypto event, announced its first batch of headline speakers and prominent title sponsors ahead of its eagerly anticipated return to...

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German State Ends BTC Sale, as Market Experiences Uptick