Gekocrypto Crypto News

Cardano Soars to 32-Month High Following $276 Million Whale Inflows German MP urges government to stop selling Bitcoin Litecoin (LTC) Whales Boost Exchange Inflows amid Price Decline Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC Binance listing sparks gains for COW and CETUS tokens Blockchain TVL and ETH fees are top indicators for predicting token price surges, data shows Ethereum ETFs Launch About To Kickstart The Altseason? Analysts Weigh In Clandeno (CLD) Presale & Bitcoin (BTC) Both Explode with Activity Amid Solana (SOL) Woes; BTC at $63K Solana (SOL) Momentum Builds: $250 Could Just Be The Beginning BitOasis – UAE’s First Crypto Broker to Receive Full License from Dubai

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Cardano Soars to 32-Month High Following $276 Million Whale Inflows

Cardano (ADA) has surged by double digits over the past week, reaching $1.15 — a price last seen in April 2022. This rally is fueled by reduced selloffs from long-term holders and increased accumulation by large investors. With growing bullish momentum, ADA could see further gains in the near term. Here’s why. Cardano Long-Term Holders and Whales Join Forces November’s 217% surge in Cardano’s price sparked the movement of previously dormant tokens, as reflected in its declining Mean Coin Age over the 30-day period. This metric measures the average “age” of all coins in an asset, weighted by their holding...

02.12.2024

German MP urges government to stop selling Bitcoin

German MP urges government to stop selling Bitcoin Assad Jafri · 1 month ago · 2 min read Cotar condemned the government's move, contrasting it with discussions in the US, where Bitcoin is being considered as a strategic reserve currency. 2 min read Updated: Jul. 4, 2024 at 10:17 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell a substantial portion of its Bitcoin holdings. The German government recently moved over $195 million worth of Bitcoin to various crypto exchanges, including...

04.07.2024

Litecoin (LTC) Whales Boost Exchange Inflows amid Price Decline

On-chain data indicates a sharp rise of over 464% in large holders’ netflow to exchanges within the past seven days. In the past week, there has been a notable increase in the movement of Litecoin (LTC) coins held by large investors to cryptocurrency exchanges. This uptick coincides with LTC’s declining value. The cryptocurrency is currently trading at a 15% loss over the past seven days. Large holders seem to be taking action to mitigate potential further losses amid these market conditions. Rising Selling Pressure from LTC Whales On-chain data indicates a sharp rise of over 464% in large holders’ netflow...

10.07.2024

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Cardano Soars to 32-Month High Following $276 Million Whale Inflows

German MP urges government to stop selling Bitcoin

Litecoin (LTC) Whales Boost Exchange Inflows amid Price Decline

Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC

Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hurdles. Futu Securities International, Hong Kong’s largest online broker, has introduced retail cryptocurrency trading in the city, marking a significant advancement in its financial services. The brokerage firm, known for its extensive reach and innovative offerings, now allows residents to trade Bitcoin and Ethereum on its platform. This initiative comes after a partnership with HashKey Exchange, one of only two licensed cryptocurrency...

Binance listing sparks gains for COW and CETUS tokens

Bitcoin spiked to above $75,400, a new all-time high. This came as Donald Trump clinched the US presidency, beating Kamala Harris. Bitcoin rose to new all-time high above $75,000 as world leaders began to congratulate Donald Trump as the winner and president-elect in the 2024 US election. As Trump took a decisive lead with key wins in Pennsylvania, Georgia and North Carolina, pushing his Electoral College votes past the 270 mark, Bitcoin price rocketed past $75k to hit a new all-time high above$75,400. BTC chart. Source: TradingView The flagship cryptocurrency has since retraced below $74k, but its sharp surge had...

Blockchain TVL and ETH fees are top indicators for predicting token price surges, data shows

Nansen and Bitget research reveals TVL and fees in ETH as top indicators for token price predictions. Key Takeaways TVL and fees in ETH are the best predictors of short-term token price movements. On-chain metrics outperform social sentiment in forecasting crypto price changes. Nansen and Bitget Research have released a report analyzing on-chain metrics as predictors of crypto token prices. Key findings suggest that on-chain activity, particularly total value locked (TVL) and fees in Ethereum (ETH), are better predictors of short-term price movements than social sentiment. The report found significant links between governance tokens and chain metrics for the Ethereum...

Ethereum ETFs Launch About To Kickstart The Altseason? Analysts Weigh In

The long-awaited Ethereum Exchange-Traded Funds (ETFs) are finally live, registering over $100 million in volume in the first 15 minutes. Investors expect to see the launch’s impact on the crypto market, while some market watchers believe ETH ETF’s performance will kickstart the Altcoin season. Ethereum Spot ETFs Are Officially Live On Monday, the US Securities and Exchange Commission (SEC) gave the final nod to Ethereum spot ETFs, setting the launch date for Tuesday, July 23. After the approval, investors raised the alarm following some online reports. Per Whale Alert, Grayscale has transferred $1 billion in ETH to Coinbase Institutional. This...

Clandeno (CLD) Presale & Bitcoin (BTC) Both Explode with Activity Amid Solana (SOL) Woes; BTC at $63K

TL: DR Clandeno (CLD) presale sees a surge in activity, attracting significant investor interest. Bitcoin (BTC) climbs to $63K, demonstrating strong market performance. Solana (SOL) faces challenges, highlighting market volatility. The cryptocurrency market is witnessing a surge in activity as the Clandeno (CLD) presale gains momentum and Bitcoin (BTC) reaches $63,000. Meanwhile, Solana (SOL) is experiencing challenges, underscoring the volatility of the crypto market. Investors are closely monitoring these developments, with Clandeno (CLD)’s innovative platform attracting significant attention. For more details on the Clandeno (CLD) presale, visit Clandeno. Clandeno (CLD) Presale Gains Momentum The Clandeno (CLD) presale is experiencing explosive...

Solana (SOL) Momentum Builds: $250 Could Just Be The Beginning

Solana started a fresh increase from the $220 zone. SOL price is rising and aiming for a sustained upward move above the $250 resistance. SOL price started a fresh increase after it settled above the $225 level against the US Dollar. The price is now trading above $240 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $240 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $250 zone. Solana Price Eyes Sustained Increase Solana...

BitOasis – UAE’s First Crypto Broker to Receive Full License from Dubai

Key Takeaways: CoinDCX’s acquisition of BitOasis highlights growing global attention on the MENA crypto market. The UAE is positioning itself as one of the major jurisdictions for crypto activities, gaining international interest. Strong regulation and strategic partnerships are driving trust and growth within the regional crypto ecosystem. BitOasis’s Journey from MVP License to Full Operational License The country’s first domestic crypto brokerage, BitOasis, reportedly achieved a feat by becoming fully licensed to operate as a Virtual Asset Service Provider via Dubai’s Virtual Assets Regulatory Authority. According to its website, VARA granted permission for onshoring BitOasis Technologies FZE in Dubai Silicon...