Gekocrypto Crypto News

Bitcoin futures open interest sees largest drop in two years amid market volatility Monitok’s AI Trading Assistant — Your Key to Smarter Crypto Decisions Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? USDT in Danger: The Impact of MiCA Regulations BTC miner DMG Blockchain expands after $16M fundraising Trader’s Binance sell-off triggers BLUR’s 7% price decline – All the details U.S. Regulator Told Banks to Avoid Crypto, Letters Obtained by Coinbase Reveal Tigran Gambaryan Health Records Still Not Released Cantor Fitzgerald-Tether Partnership Advances as USDT Supply Surges Alongside Market Rally XRP Targets $3 Milestone as Ripple CEO Brad Garlinghouse Prepares for ’60 Minutes’ Spotlight

GG

Bitcoin futures open interest sees largest drop in two years amid market volatility

Bitcoin futures open interest sees largest drop in a year amid market volatility James Van Straten · 1 week ago Insights Bitcoin Sharp decline in BTC open interest marks return to healthier market levels. Quick Take On Aug. 5, global markets experienced wild volatility, prompting a detailed assessment of trading volumes to gauge the impact. A key measure was futures open interest, representing the total USD value allocated in open futures contracts. During this period, Bitcoin (BTC) prices plummeted from approximately $58,000 to $49,000. To accurately measure this, open interest in BTC terms was examined to avoid price influence. It...

06.08.2024

Monitok’s AI Trading Assistant — Your Key to Smarter Crypto Decisions

As we come to the end of 2024, it’s important to acknowledge that although there have been some ups and downs this year, some great inroads have also been made such as the Bitcoin halving event (marking the start of the bull market), approval of spot Bitcoin and Ethereum ETFs, as well as the implementation of Ethereum’s Dencun Upgrade (enhancing the leading Layer 2’s efficiency, scalability and security). However, when it comes to crypto trading, things haven’t been smooth sailing, and traders have had to deal with the impacts of a more complex and saturated crypto market. This has included...

02.12.2024

Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

You are here: Home / News / Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins? Bitcoin dominance drops 10%, signaling a shift toward altcoins as they gain momentum and market share in the coming weeks. As Bitcoin’s dominance weakens, altcoins are surging, presenting new opportunities for investors looking to diversify. With BTC dominance declining, altcoins are rising rapidly, marking a shift in market focus towards alternative cryptocurrencies. Egrag Crypto presented the Bitcoin Dominance Index demonstrating the trends and tendencies that indicate the increase of the altcoins’ dominance. As pointed out by the analyst in the recent X...

03.12.2024

All News

Bitcoin futures open interest sees largest drop in two years amid market volatility

Monitok’s AI Trading Assistant — Your Key to Smarter Crypto Decisions

Bitcoin Dominance Falls: Is Now the Time to Invest in Altcoins?

USDT in Danger: The Impact of MiCA Regulations

Tether (USDT), one of the most popular stablecoins in the crypto world, is facing a big danger. The European MiCA (Markets in Crypto Assets) regulations are making things tough. These new rules could seriously impact Tether’s operations in Europe. paolo ardoino paolo ardoino Paolo Ardoino has been interested in computers since he was a child. He began coding at the age of eight and later participated in the computer science programme at the University of Genoa, where he graduated in 2008. Ardoino became intimately concerned with cryptography and discovered distributed systems while undertaking research for a military project. He was...

BTC miner DMG Blockchain expands after $16M fundraising

Homepage > News > Tech > BTC miner DMG Blockchain expands after $16M fundraising DMG Blockchain (NASDAQ: DMGGF), a Canadian BTC block reward miner, has announced the expansion of its operations following a fundraising campaign that netted the company $16 million. DMG, which has a dual listing on the Toronto Stock Exchange and the Frankfurt Stock Exchange, channeled $5 million to purchase hydro miners from Bitmain. The miners have an efficiency of 15 J/TH, the company revealed in its press release. “With our recent fundraising that added $16 million to DMG’s cash balance, we have immediately allocated approximately $7 million...

Trader’s Binance sell-off triggers BLUR’s 7% price decline – All the details

Machi Big Brother’s massive BLUR transfer to Binance caused a sharp 7% price decline Blur’s active addresses surged and peaked at over 16,000 in late June, before dropping BLUR token witnessed a 7% drop in its value following the actions of prominent trader – Machi Big Brother. The trader transferred all his tokens to Binance, prompting concerns among investors about a potential large-scale sell-off. Major sell-off by Machi Big Brother Spot On Chain reported that Machi Big Brother deposited 18.4 million tokens, worth approximately $3.13 million, into Binance. This move was perceived as a sign of impending sales by many,...

U.S. Regulator Told Banks to Avoid Crypto, Letters Obtained by Coinbase Reveal

Coinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking. Updated Dec 6, 2024, 10:20 p.m. UTC Published Dec 6, 2024, 1:56 p.m. UTC Crypto banking activity was paused or prevented by the Federal Deposit Insurance Corp. at a large number of U.S. banks in 2022, according to communications pried loose by a research firm hired by Coinbase Inc. (COIN). Coinbase's hired help, History Associates Inc., had taken the FDIC and the Securities and Exchange Commission to court in June and finally won access to certain internal...

Tigran Gambaryan Health Records Still Not Released

By Mark Hunter 1 month agoWed Jul 03 2024 07:02:24 Reading Time: 2 minutes The health records of Binance’s detained executive, Tigran Gambaryan, have still not been released Gambaryan’s family has warned he has malaria and double pneumonia, accusing Nigerian authorities of a cover-up Records have been withheld despite court orders, with the judge demanding their release by Friday The health records of Binance’s detained executive, Tigran Gambaryan, have still not been released amid concerns that his condition is worsening. Gambaryan’s trial continued this week, with his family warning that Gambaryan has malaria and double pneumonia and accused Nigerian authorities...

Cantor Fitzgerald-Tether Partnership Advances as USDT Supply Surges Alongside Market Rally

Cantor Fitzgerald, a prominent US financial services firm, is expanding its alliance with Tether, a key player in the digital asset industry and the issuer of the world’s largest stablecoin. According to reports, the firm has agreed to acquire a 5% stake in Tether as part of a broader collaboration that includes Bitcoin-backed lending initiatives. Tether Mints $13 Billion USDT as Cantor Fitzgerald Deepens Tie The acquisition talks, reportedly finalized in 2023, valued the 5% stake at approximately $600 million. This partnership positions Tether to gain strategic advantages, particularly as Cantor Fitzgerald’s CEO, Howard Lutnick, takes on his new role...

XRP Targets $3 Milestone as Ripple CEO Brad Garlinghouse Prepares for ’60 Minutes’ Spotlight

You are here: Home / News / XRP Targets $3 Milestone as Ripple CEO Brad Garlinghouse Prepares for ’60 Minutes’ Spotlight Ripple CEO’s “60 Minutеs” аppеаrаncе on Dеcеmbеr 8 spаrks еxcitеmеnt, еmphаsizing U.S. crypto rеgulаtions. XRP surgеd 30% over the wееk, reaching $2.44, with а mаrkеt cаp of $139.29 billion. Anаlysts prеdict XRP could surpаss $3, еyеing $3.30, with strong support lеvеls аt $2.13 аnd $2.27. Thе cryptocurrеncy mаrkеt hаs bееn buzzing with аnticipаtion аs Ripple’s CEO, Brad Garlinghouse, prеpаrеs for аn аppеаrаncе on thе iconic “60 Minutеs” show. Known for its dееp divеs into prеssing issuеs, thе upcoming еpisodе...