Gekocrypto Crypto News

Is Cardano (ADA) in Danger of Being Overvalued? Key Indicators Raise Concerns Bitcoin and Ether tumble as crypto market turmoil escalates What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000? Fixing broken workplace practices requires a technology rethink AUSTRAC Announces Crackdown on Australian Crypto ATMs Australia Bans Credit Card and Cryptocurrency Use in Online Betting to Curb Financial Risk German BTC and Mt Gox Fears Fail to Shake Bulls as PEPE and Book of Meme (BOME) Investors Double Down Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase Dogecoin Whales Turn Their Focus to Mpeppe For Its Utility And Profits PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar

GG

Is Cardano (ADA) in Danger of Being Overvalued? Key Indicators Raise Concerns

According to historical data, Cardano (ADA) may be approaching overvalued territory. This comes after an impressive 180% price increase over the last 30 days. For some investors, the timing might seem premature, especially with the much-anticipated altcoin season just beginning. However, on-chain indicators suggest that ADA might face a correction before establishing new highs. Cardano Metrics Flash Bearish Signs One key metric suggesting that Cardano could soon be overvalued is the Market Value to Realized Value (MVRV) Long/Short Difference. The MVRV Long/Short Difference checks if long-term holders have more unrealized profits at the current price or if short-term holders do....

08.12.2024

Bitcoin and Ether tumble as crypto market turmoil escalates

Cryptocurrencies plummeted on Monday as global markets faced increased risk aversion. Bitcoin dropped over 16%, trading 11% lower at $52,680, while Ether fell by more than 20% before recovering slightly. The selloff reflects broader economic concerns, geopolitical tensions, and market volatility. With Bitcoin briefly falling below $50,000 and major digital assets suffering losses, investors are cautious amid intensified global stock selloffs and fluctuating interest rates. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here ....

05.08.2024

What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000?

The crypto markets are becoming uncertain of the next price action as the top token, Bitcoin, has been shadowed under misty clouds. The bulls and bears exert equal pressure, causing the price to remain consolidated within a narrow range. With the price advancing towards the second half of the month, more bearish action is expected to occur, which could shake up the BTC price rally and the entire crypto market for a while. The BTC price has yet again refrained from rising above $60,000 which suggests a strong presence of bears at these levels. The token is experiencing enough pressure,...

13.08.2024

All News

Is Cardano (ADA) in Danger of Being Overvalued? Key Indicators Raise Concerns

Bitcoin and Ether tumble as crypto market turmoil escalates

What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000?

Fixing broken workplace practices requires a technology rethink

The past five years have seen a rapid uptake of collaboration technologies as organisations strived to improve information flows and employee productivity. Despite good intentions, many workplaces remain stuck in the past. Consider how Australia’s workforce productivity growth slumped to 3.7 per cent in 2023; while the desire to improve productivity and support innovation is there, the results speak to a different outcome. One factor holding back productivity growth has been the failure to consider how technology should support collaboration efforts properly. Broken processes and breaking workers According to the State of Work Innovation: Australia 2024 report by work management...

AUSTRAC Announces Crackdown on Australian Crypto ATMs

AUSTRAC, an Australian financial intelligence agency, announced a new crackdown on crypto ATMs. Although the regulator hasn’t issued an outright ban, it will significantly scrutinize ATMs for legal compliance. AUSTRAC called this crackdown the “first step” in the agency’s broader initiative to fight crypto crime. AUSTRAC to Investigate Crypto ATMs for Enabling Money Laundering The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced this crackdown via a press release on December 6. According to the regulator, scammers have used crypto ATMs to pursue criminal activities and move illicit funds. AUSTRAC sees crypto ATMs as the optimal funnel for money laundering...

Australia Bans Credit Card and Cryptocurrency Use in Online Betting to Curb Financial Risk

The Australian Government is cracking down on gambling, with credit cards tied to crypto in the line of fire. Regulators have banned the use of credit cards utilising digital currencies (or other unique lines of credit) from use in online gambling. The move comes as the government also plans to phase out gambling advertisements and apply greater restrictions to the industry. The gambling industry in Australia has taken a hit, with financial regulators implementing new rules on how these companies can accept deposits. Previously, online gambling sites could receive cash from credit cards linked to crypto accounts. This allowed investors...

German BTC and Mt Gox Fears Fail to Shake Bulls as PEPE and Book of Meme (BOME) Investors Double Down

The specter of Mt.Gox has been the crypto market as it caused massive destruction of nearly $100 billion. Mt. Gox caused market volatility resulting in the prevalence of a bearish trend. Coupled with this downtrend, the German government got rid of all of its Bitcoin. Therefore, the crypto surface has been witnessing a shift and increased volatility. Amidst the dynamic shifts in cryptocurrency markets, Pepe Coin (PEPE) and BOOK OF MEME (BOME) have demonstrated notable resilience and growth, respectively. Such individual gains closely mirror Bitcoin’s trajectory. The investors are confident of these altcoin’s future trajectories. Meanwhile, DTX Exchange emerges as...

Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase

The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn. In contrast, Digihorse’s DIGI token, currently in its presale phase and listed at $0.003333, is attracting considerable attention. Predictions suggest that the token will see a significant increase by the time it reaches stage 2 of its listing. Solana Faces Severe Price Drop Solana’s price plummeted over 36.72% within a week, with...

Dogecoin Whales Turn Their Focus to Mpeppe For Its Utility And Profits

Dogecoin (DOGE), once the undisputed king of meme coins, is now facing fierce competition from a rising star: Mpeppe (MPEPE) . While Dogecoin (DOGE) has been a staple in the cryptocurrency market for years, recent developments indicate that Mpeppe might be the new contender capable of outshining the legendary Dogecoin (DOGE) with its potential 1000x gains. Let’s dive into the recent performance and prospects of these two cryptocurrencies. Mpeppe (MPEPE): The New Kid on the Block Mpeppe (MPEPE) is currently in Stage 2 of its presale, priced at 0.00107 USDT per token. The presale has already raised $589,695, with 75.26%...

PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar

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...