Gekocrypto Crypto News

Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU MicroStrategy’s Michael Saylor Shares Bitcoin Accumulation Plan GRVT becomes world’s first regulated DEX after licensing in Bermuda FTX Sues Binance CEO Zhao For $1.76 Billion: Conspiracy Vs Governance? Solana Price Prediction: SOL Could Reach $500 As Whales Continue to Pump JetBolt POLYGON MATIC PRICE ANALYSIS & PREDICTION (August 1) – Will Matic Break Lower As It Nears Oversold Condition Daily? Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When Aussie Analyst Says BTC Reset Over, Prepare for What’s to Come Injective offers users the ability to create their own AI agents with new SDK

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Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum

Franklin Templeton has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum’s Arbitrum, marking its third blockchain integration. The FOBXX fund, launched in 2021, is a pioneer in using public blockchains for transactions and fractional ownership, contributing nearly US$2 billion in traded value. Franklin Templeton ranks third in the tokenised government securities market, with over US$400 million in assets under management (AUM). One of the largest asset managers in the United States, Franklin Templeton, has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum through the network’s largest Layer-2 blockchain, Arbitrum. Related: Franklin Templeton CEO Highlights...

09.08.2024

Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU

In the latest development, Paxos, the leading regulated blockchain and tokenization infrastructure platform, has announced that it has agreed to acquire Membrane Finance (Membrane), an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition is subject to regulatory approval. Upon completion of the acquisition, Paxos will be a fully licensed EMI in Finland and the EU. This acquisition will allow Paxos to expand its globally regulated platform to serve European customers in a safe and compliant way. Specifically, Paxos intends to make its portfolio of assets and tokenization solutions compliant with Markets in Crypto Asset (MiCA) regulations. “Stablecoins...

19.11.2024

MicroStrategy’s Michael Saylor Shares Bitcoin Accumulation Plan

MicroStrategy’s Executive Chairman Michael Saylor, known for his vocal advocacy of Bitcoin (BTC), shared his accumulation strategy for the pioneer crypto. Saylor revealed the philosophy behind his company’s Bitcoin purchases, cementing his reputation as one of BTC’s most steadfast supporters. The remark came following Bitcoin’s recent surge past the $100,000 milestone. The 2024 trajectory has sparked interest in BTC as a long-term investment. In a recent interview, Saylor reiterated his long-standing mantra, “Buy Bitcoin, don’t sell Bitcoin.” He elaborated on MicroStrategy’s unwavering commitment to the digital asset and explained the simplicity behind their strategy. “Every day for the past four...

07.12.2024

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Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum

Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU

MicroStrategy’s Michael Saylor Shares Bitcoin Accumulation Plan

GRVT becomes world’s first regulated DEX after licensing in Bermuda

2024 was a landmark year for the cryptocurrency market. It was a year when the market matured, barriers to the institutional investing world came down, and international regulations started to pave the way for digital currencies to enter the mainstream global financial system. With a President-elect keen on making the US a global crypto hub, the market experienced significant growth. As crypto adoption rose, more users turned to crypto platforms and ETFs to invest. 2024 was a transformative experience for the crypto market and the blockchain technology that powers it. The general public, buoyed by positive sentiment and rising crypto...

FTX Sues Binance CEO Zhao For $1.76 Billion: Conspiracy Vs Governance?

FTX’s bankruptcy estate filed a lawsuit against Binance and its former CEO, Changpeng Zhao, on November 10, 2024, seeking to recover $1.76 billion. The lawsuit alleges that these funds were fraudulently transferred to Binance as part of a 2021 share repurchase deal. The lawsuit highlights severe allegations of financial misconduct, business rivalries, and actions that may have contributed to FTX’s collapse and subsequent bankruptcy. Binance logo displayed on a phone screen Photo taken in Krakow, Poland on December 15, 2022. (Photo ... [+] by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images The Core Allegations At the heart of...

Solana Price Prediction: SOL Could Reach $500 As Whales Continue to Pump JetBolt

Crypto whales are making big moves, fueling excitement around Solana (SOL) and JetBolt (JBOLT). Speculative predictions suggest Solana could climb to $500 as it rebounds to $238.36, and a 48% surge in Total Value Locked (TVL) highlights SOL is on the rise to compete with older altcoins. At the same time, JetBolt, the latest altcoin catching whale attention, has crossed 100 million tokens sold. Powered by zero-gas technology that removes transaction fees, EVM compatibility, and open-source tools on GitHub, it’s quickly becoming a fan-favorite among developers and early coin buyers alike. As crypto whales pump these two cryptocurrencies, Solana and...

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...

Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When

Bitcoin developer Samson Mow has for a while now continued to assert that BTC is going to reach $1 million. He has again reaffirmed his bullish stance and mentioned when exactly the flagship crypto will hit this unprecedented price target. When Bitcoin Will Rise To $1 Million Mow mentioned that he is still certain that Bitcoin will reach $1 million and added that the flagship crypto will reach this price target within a year. Mow had previously explained why he believes that BTC can reach such an ambitious price target. Back then, he alluded to the fact that Bitcoin’s demand...

Aussie Analyst Says BTC Reset Over, Prepare for What’s to Come

Michael Pizzino identifies a strong bullish trend in Bitcoin on hourly to daily charts, with key support at US$58,500. Signs of market exhaustion are noted but seen as minor unless Bitcoin falls below US$60,000, hinting at a peak. Michael anticipates a possible last leg of Bitcoin’s bull run, referencing Elliott Wave theory for macro trends. Aussie analyst Michael Pizzino’s recent analysis suggests that while there are temporary signs of market exhaustion, the overarching trend remains bullish. His thesis is supported by key technical levels and trend indicators across several different time frames. Related: Survey Shows Majority Still Expects New Crypto...

Injective offers users the ability to create their own AI agents with new SDK

Coinbase will delist WBTC on December 19, 2024, due to unmet listing criteria. WBTC will be moved to limit-only mode, with withdrawals still accessible. Coinbase’s cbBTC, launched in September, has been gaining market share in wrapped Bitcoin. Coinbase, one of the largest cryptocurrency exchanges, has announced it will delist Wrapped Bitcoin (WBTC) from its platforms on December 19, 2024. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — Coinbase Assets 🛡️...