Gekocrypto Crypto News

Impending Altcoin Season: Data Shows It’s Closer Than Ever Ancient Ethereum Whale Moves 7,000 ETH to Exchange Kraken The Philippines Chooses Venom for Groundbreaking National Blockchain Initiative What record inflows into BTC, ETH ETFs suggests about the market DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally Rethinking media mix modeling for today’s complex consumer journey Uzbekistan emerges as Central Asia leader in digital currency adoption Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go? Trump expected to name new SEC chair “as soon as tomorrow”

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Impending Altcoin Season: Data Shows It’s Closer Than Ever

Over the last few months, altcoin prices have dropped 30% to 70%, leading analysts to write off the possibility of an altcoin season. But when equipped with new information, BeInCrypto finds that things may be about to change. This analysis sheds light on the rationale behind the thought while offering insights into the potential catalysts. Early Days But the Signs Have Appeared Altcoin season is in a market phase where non-Bitcoin (BTC) cryptocurrencies register a consistent surge in value while outperforming the number one coin. One of the indicators validating this period is TOTAL2, which is the crypto total market...

09.07.2024

Ancient Ethereum Whale Moves 7,000 ETH to Exchange Kraken

A crypto whale, active since Ethereum’s 2015 ICO, recently transferred 7,000 ETH valued at US$24 million. Initially, the whale purchased 254,900 ETH for just US$79,200, achieving an extraordinary 1,115,600% return due to a 76% price increase last year. ETH is expected to see substantial future inflows with the anticipated ETF approvals. What a rare sighting. Yes, whale alerts aren’t unusual in crypto, and sometimes it’s just exchanges making a re-shuffle, but this is different. Related: Supreme Court Ends Chevron Deference, Deals Blow to SEC’s ‘Crypto by Enforcement’ Strategy A whale, which has been in the space since 2015 when ETH...

02.07.2024

The Philippines Chooses Venom for Groundbreaking National Blockchain Initiative

Manilla, Philippines, August 1st, 2024, Chainwire Venom Foundation is proud to announce a historic agreement with the government of the Republic of the Philippines to digitize billions of accountable forms using its advanced blockchain technology. Key Highlights Landmark Opportunity and Global Significance This initiative represents a pivotal milestone for Venom and the broader crypto industry. In what could end up as the world’s largest blockchain use case, this project underscores Venom’s leadership and innovation in the blockchain space. By betting on Venom, the Philippine government demonstrates unprecedented trust and confidence in blockchain as a secure, scalable, and efficient solution for...

01.08.2024

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Impending Altcoin Season: Data Shows It’s Closer Than Ever

Ancient Ethereum Whale Moves 7,000 ETH to Exchange Kraken

The Philippines Chooses Venom for Groundbreaking National Blockchain Initiative

What record inflows into BTC, ETH ETFs suggests about the market

Journalist Share this article Investors were showing confidence in BTC as they continued to buy. Ethereum ETFs also witnessed major netflows on the 7th of November. The United States election result stirred up several economic sectors across the globe, and crypto was not left out. The entire crypto market witnessed price upticks, including the king of cryptos, Bitcoin [BTC] . Not only did BTC’s price increase, it also registered record buying in ETFs. Bitcoin ETFs hit new record CRYPTOBIRD, a popular crypto analyst, recently posted a tweet revealing a major development related to BTC ETFs. As per the tweet, a...

DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service

A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: A dual Russian-Swedish national was sentenced today to 12 years and six months in prison for his operation of the longest-running bitcoin money laundering service on the darknet. Evidence presented at trial revealed that...

Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally

Bitcoin (BTC-USD) reached a record high on Monday, trading just under $85,000 on Monday morning while pushing several stocks tied to the crypto trade and the post-election rally higher to start the week in the aftermath of the Trump victory. COIN, HOOD Record Impressive Gains Coinbase stock and shares of other crypto-related companies were rising Monday as investors turned bullish. Coinbase (COIN) was up more than 17% on Monday and has now skyrocketed about 70% in the past five trading sessions. Similarly, Robinhood (HOOD) also saw its stock rise more than 8% Monday and is now up more than 38%...

Rethinking media mix modeling for today’s complex consumer journey

Media mix modeling (MMM) helps brands understand how marketing investments affect the bottom line. It originally focused on high-reach channels such as network television, print and radio to assess brand impact and audience reach. Valued for being reliable and easy to measure, these legacy channels were key drivers for brand awareness and conversions. However, the modern consumer journey is now more complex and fragmented. This is why brands must rethink their media strategies and redefine how success is measured. Consider a wider range of media channels and include touchpoints like: Streaming audio. Podcasts. Gaming. Augmented reality (AR). Digital out-of-home (DOOH)....

Uzbekistan emerges as Central Asia leader in digital currency adoption

Homepage > News > Business > Uzbekistan emerges as Central Asia leader in digital currency adoption After years of steadily climbing the leaderboard, Uzbekistan has emerged as Central Asia’s pacesetter in terms of digital currency adoption to rank, surpassing its neighbors Kyrgyzstan and Kazakhstan. According to a report, Uzbekistan led the region by a close call, climbing 54 places from the previous rankings to occupy the thirty-third spot. Previously, the country had lagged in terms of Web3 adoption to regional powerhouses, but in 2024, fortunes for Uzbekistan flipped. The surge in adoption was not quick, as the report chronicled a...

Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?

Analyst Tony Severino has revealed that the Bitcoin price currently has a ceiling of $137,000. This has raised questions about whether this is the highest point that the flagship crypto can reach in this market cycle, and the analyst also provided some answers. Bitcoin Price Ceiling Is At $137,000 Tony Severino mentioned in an X post that the current ceiling for the Bitcoin price is $137,000, while its floor is around $39,000. He noted that investors could double their investments from Bitcoin’s current price if the crypto reached this target. Meanwhile, a decline to the current floor represents a 50%...

Trump expected to name new SEC chair “as soon as tomorrow”

Paul Atkins leads the betting odds with a 70% likelihood of taking the SEC chair position. Photo: Al Drago / Bloomberg Key Takeaways Paul Atkins is the leading candidate for the new SEC Chair position with a 70% probability. Current SEC Chair, Gary Gensler, has focused on increased crypto oversight. President-elect Donald Trump’s transition team is weighing in on a number of SEC Chair candidates and may reveal their choice “as soon as tomorrow,” according to FOX Business journalist Eleanor Terrett, citing sources with knowledge of the matter. Who will be Trump’s SEC chair, according to Kalshi? Traders on Kalshi...