Gekocrypto Crypto News

Phantom Wallet expands to Sui network in pursuit of multichain dominance Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details Chainalysis Promotes Jonathan Levin to CEO as Former Boss Michael Gronager Departs Arthur Hayes Claims BTC Will Hit $1M, Says Presidential Outcome Irrelevant Bitcoin Options Traders Hedge Against Potential Declines Following $100,000 Crypto-Lawyer and Massachusetts Candidate for Senate John Deaton Holds 80% of Wealth in BTC Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates HAWK Founders Deny Rug Pull Allegations Bitcoin Hits $100,000 – Sets an All-Time High Record

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Phantom Wallet expands to Sui network in pursuit of multichain dominance

Phantom Wallet integrates Sui network solidifying its multichain wallet ambitions. Photo: Phantom Key Takeaways Phantom Wallet has expanded to support the Sui network, adding to its existing support for Bitcoin, Ethereum, Polygon, and Base blockchains. Sui's value has increased by over 100% in the past month, attracting interest in alternative Layer 1 blockchains. Phantom Wallet has expanded support to the Sui network as part of its move toward becoming a multichain wallet. Phantom Wallet, initially known as a Solana-exclusive wallet, has now evolved into a multichain platform, expanding beyond Solana, Bitcoin, Ethereum, and Polygon to now include Sui. “The integration...

05.12.2024

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details

The price of Bitcoin has continued a mild recovery in the last 24 hours following the recent price plunge in the first week of July. According to data from CoinMarketCap, BTC is up by 1.11% in the last day as the market bulls appear to gather momentum for a full-price rebound. Interestingly, the on-chain analysis platform, IntoTheBlock has provided some insights into the resilient behaviors of these Bitcoin optimists amidst the current market downtrend. Bitcoin Whales Acquire 71,000 BTC In One Week – Is A Price Rebound On? In an X post on Saturday, IntoTheBlock reported that Bitcoin whales (i.e....

14.07.2024

Chainalysis Promotes Jonathan Levin to CEO as Former Boss Michael Gronager Departs

“As CEO, I look forward to continuing to deliver cutting edge data, investigations, and risk solutions to our customers while also pursuing new market opportunities,” Levin said. Former Chainalysis Chief Strategy Officer Jonathan Levin Takes the Reins as CEO Blockchain data analysis firm Chainalysis has appointed Co-founder and former Chief Strategy Officer Jonathan Levin as CEO. The appointment comes on the heels of a leave of absence by former CEO Michael Gronager who co-founded and led the company for a decade. According to reporting by The Block, Gronager suddenly took a leave of absence “for a personal issue” in September,...

05.12.2024

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Phantom Wallet expands to Sui network in pursuit of multichain dominance

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details

Chainalysis Promotes Jonathan Levin to CEO as Former Boss Michael Gronager Departs

Arthur Hayes Claims BTC Will Hit $1M, Says Presidential Outcome Irrelevant

Founder of BitMEX, Arthur Hayes, predicts Bitcoin could top US$1 million this cycle—driven largely by continued money printing in the US. Hayes also says the result of the US presidential election will be fairly meaningless for crypto, as regardless of the result, both candidates will continue to print money, driving up the price of crypto. The BitMEX founder also says the SEC leadership is irrelevant as long as the politics around crypto remains the same, if Gensler was replaced you’d just see a new leader implementing the same policies for political reasons. Arthur Hayes, the colourful crypto thought leader and...

Bitcoin Options Traders Hedge Against Potential Declines Following $100,000

Bitcoin’s surge past $100,000 has prompted some options traders to hedge against potential losses. The demand for put options, which allow holders to sell at a specified price within a set timeframe, has risen. This signals a cautious sentiment despite the cryptocurrency’s recent rally. Demand for Hedging Bitcoin Options Has Increased over 24 Hours Data from Coinglass that put options with strike prices of $95,000 and $100,000 have recorded the highest open interest in the past 24 hours. Additionally, demand for lower strike prices, including $75,000 and $70,000, has also increased. These positions are largely concentrated around early 2025 expirations. ...

Crypto-Lawyer and Massachusetts Candidate for Senate John Deaton Holds 80% of Wealth in BTC

Political acceptance of crypto grows as more politicians, including Senate candidate John Deaton, seem to hold the asset class. Deaton, who holds a significant portion of his wealth in cryptocurrencies like BTC, ETH, SOL, and XRP, is challenging the anti-crypto stance of Elizabeth Warren. His campaign gains momentum with substantial donations from key crypto figures, contrasting Warren’s much larger campaign fund. US politicians are slowly warming up to crypto, and the number of crypto holders appears to be rising among politicians. One of the biggest political holders of Bitcoin – if not the biggest holder – could be a well-known...

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...

Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates

Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting at 0.4%. Bitfufu Expands Services With Low-Commission Bitcoin Mining Pool The service, set to roll out next week, will be accessible via the Bitfufu app and is exclusively focused on Bitcoin mining. The company, Bitfufu (Nasdaq: FUFU), said it has partnered with strategic collaborators for this new venture and plans to allocate its entire self-mining hashrate to Bitfufu Pool. Institutional customers can engage with the platform through customized pooling services provided by Bitfufu’s sales representatives. Bitfufu Pool insists it will...

HAWK Founders Deny Rug Pull Allegations

By Mark Hunter 13 hours agoFri Dec 06 2024 08:32:34 Reading Time: 2 minutes The founders of the HAWK token have denied allegations of a rug pull The token, launched by “Hawk Tuah Girl” Hailey Welch, experienced a dramatic rise and fall in value shortly after its launch Allegations of insider trading and a potential “rug pull” have emerged against its creators The creators of the HAWK token, named after Haliey Welch, known as the “Hawk Tuah Girl,” have been accused of a rug pull after the memecoin collapsed within hours. The coin was launched on December 4, quickly surging...

Bitcoin Hits $100,000 – Sets an All-Time High Record

This article is intended to explain the great moment when Bitcoin first broke the $100,000 mark in history , investigating the reasons for such a wonderful price increase, forecasts, and possible risks of the near and far futures of the major cryptocurrency. We will see whether this is sustainable success or just a high before the market faces a significant correction. BITCOIN OFFICIALLY BREAKS $100,000: A HISTORICAL MILESTONE On December 5, 2024, Bitcoin created history when it crossed the psychological barrier of US$100,000 for the first time. The surge has marked an exceptional rise for Bitcoin since the start of...