Gekocrypto Crypto News

US Government Prepares to Sell $2 Billion in Silk Road Bitcoin Crypto’s Wild Ride Awaits as Altcoin Funds Line Up at SEC’s Door, Says Bloomberg’s Balchunas BTC/KRW Plunges 30% Amid Martial Law Chaos in South Korea, Shaking Crypto Markets Unbreakable Sell Wall at $100K as BTC Price Slumps, Traders Switch to HBAR and DTX Exchange for Christmas Gains BNB Price Surge: Upbeat Momentum Builds After $724 Breakout The Meme Coin Gold Rush: 5 Best Picks to Join Today Sir Richard Branson’s Virgin Voyages becomes first cruise line to accept Bitcoin payments Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław Cardano Aims for 50% Surge As Altcoin Market Faces a Boost: Here’s the Next ADA Price Trend VRA Set for ATH: Breakout Could Trigger Explosive Price Surge

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US Government Prepares to Sell $2 Billion in Silk Road Bitcoin

By Mark Hunter 1 day agoTue Dec 03 2024 11:23:53 Reading Time: 2 minutes The US government has transferred $2 billion worth of bitcoins, seized from the Silk Road marketplace, to Coinbase Prime Around 19,800 BTC has been moved, raising fears about potential impacts on Bitcoin’s market price The Supreme Court has recently allowed the government to liquidate seized cryptocurrency assets following a court case The US government seems on the verge of selling $2 billion worth of bitcoins from Silk Road following a recent coin move. Approximately 19,800 bitcoins were moved out of a US government-controlled address yesterday, half...

03.12.2024

Crypto’s Wild Ride Awaits as Altcoin Funds Line Up at SEC’s Door, Says Bloomberg’s Balchunas

With Donald Trump’s pro-crypto administration on the horizon, asset managers are gearing up for a surge in spot ETF applications. Analysts Eric Balchunas and James Seyffart predict the number of crypto ETF filings could triple by January. Recent applications include funds for Solana (SOL), a BTC/ETH combo, and a surprise Hedera (HBAR) filing from Canary Capital. Approval timelines remain uncertain, with experts warning it could take years for even the most promising ETFs to be greenlit. With the 2024 US Presidential election settled and Republican candidate Donald Trump preparing to take office, financial markets are already shifting gears. One of...

28.11.2024

BTC/KRW Plunges 30% Amid Martial Law Chaos in South Korea, Shaking Crypto Markets

South Korea’s political turmoil caused a significant, though temporary, drop in Bitcoin prices on local exchanges. The ‘Kimchi premium’ saw a stark decline, with Bitcoin falling to US$71,814.99 compared to the global average of around US$93,600. President Yoon Suk Yeol later rescinded the martial law after a parliamentary vote to lift it. The event sparked concerns around Bitcoin’s status as a Safe Haven asset among traders and observers. Events in South Korea have caused prices on local exchanges to drop significantly, albeit only temporarily. On Tuesday, Bitcoin and Co saw heightened volatility on Asian exchanges following South Korean President Yoon...

04.12.2024

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US Government Prepares to Sell $2 Billion in Silk Road Bitcoin

Crypto’s Wild Ride Awaits as Altcoin Funds Line Up at SEC’s Door, Says Bloomberg’s Balchunas

BTC/KRW Plunges 30% Amid Martial Law Chaos in South Korea, Shaking Crypto Markets

Unbreakable Sell Wall at $100K as BTC Price Slumps, Traders Switch to HBAR and DTX Exchange for Christmas Gains

The crypto market continues its bull cycle despite BTC‘s price consolidating in a wide range of $91,000-$99,000 over the past 7 days. Among the top coins, Hedera Hashgraph (HBAR) stands out with its 50% gain in the last 24 hours. Meanwhile, Hedera surged 166% in the past week, making its run one of the best since November. Investors invested $6.87 billion in November in the Spot Bitcoin ETF as the BTC price rose 39% to $99,000 for the first time. As markets continued to rise, BTC prices stayed under the $96,000 price range as traders consolidated their positions. Among the...

BNB Price Surge: Upbeat Momentum Builds After $724 Breakout

BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory. With strong market sentiment and increasing trading activity, BNB appears poised to extend its rally , leaving many wondering how high it can climb in the days ahead. This article aims to explore BNB’s recent breakout above the $724 level, delving into the key drivers behind its bullish strength. it seeks to assess whether the asset can sustain its...

The Meme Coin Gold Rush: 5 Best Picks to Join Today

The meme coin market is buzzing like never before. With Bitcoin’s recent rally igniting fresh investor optimism and altcoins following suit, it seems like everyone’s hunting for the next big thing. Among these digital jokesters, meme coins are stealing the spotlight yet again. With several presales underway, investors are eyeing the best meme coin presale to Join Today to maximise their gains. From wild community-driven tokens to projects boasting serious utility wrapped in humour, meme coins are riding a wave of internet frenzy. And that’s where BTFD Coin (BTFD) comes in. It’s not just another catchy ticker symbol; it’s a...

Sir Richard Branson’s Virgin Voyages becomes first cruise line to accept Bitcoin payments

Trump picks Paul Atkins, a pro-crypto libertarian, for the SEC chair role Atkins is expected to provide clearer crypto regulations Senate confirmation is needed, although Trump could pursue a recess appointment President-elect Donald Trump has selected Paul Atkins, a staunch advocate for the crypto industry, to serve as the next chair of the US Securities and Exchange Commission (SEC). Current SEC chair Gary Gensler is stepping down in January 2025. This move marks a significant step in fulfilling Trump’s campaign promises to reshape the regulatory landscape for digital finance and bring clarity to cryptocurrency rules. Atkins’s pro-crypto stance Atkins, who...

Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław

A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university’s law department. Jabłoński explained that the smoke resulted from a short circuit in the mining devices, which were wirelessly connected to external systems via routers. Police responding to the scene found multiple devices consuming substantial amounts of electricity, all covertly installed and linked to the university’s electrical system. “The smoke resulted...

Cardano Aims for 50% Surge As Altcoin Market Faces a Boost: Here’s the Next ADA Price Trend

Cardano (ADA) has staged an impressive recovery, bouncing back from a severe decline that started with the general market plunge in April. However, Donald Trump’s win has given the altcoin market a renewed bullish trend last week, led by Bitcoin’s (BTC) significant rally toward $85K. This momentum has made Cardano to extend its weekly gains by over 80%. As bears prepare for a minor correction amid rising on-chain trends, analysts expect a significant 50% rebound. ADA Rises on Charles Hoskinson’s Ambition The recent surge in the ADA price is supported by several metrics. However, ADA price is now holding on...

VRA Set for ATH: Breakout Could Trigger Explosive Price Surge

You are here: Home / News / VRA Set for ATH: Breakout Could Trigger Explosive Price Surge VRA’s Double Bottom pattern signals potential breakout, setting up for a possible ATH surge. Egrag forecasts a massive VRA rally, with Fib 1.618 suggesting a 10x rise from previous ATH. VRA’s technical setup and improving market sentiment could drive it to new heights, delivering massive returns. Verasity (VRA) is making waves in the crypto space as it approaches a potential all time high (ATH). In an X post on Wednesday, Egrag has created buzz among the VRA community; the token’s technical chart predicting...