Gemini Files $1.6 Billion Lawsuit Against Genesis for GBTC Shares
New York-based cryptocurrency exchange Gemini has officially initiated legal action against Digital Currency Group’s (DCG) Genesis Global in the Southern District of New York Bankruptcy Court.
According to a Friday statement by the exchange, the lawsuit seeks to recover an astounding $1.6 billion in value from Gemini, allegedly owed to Earn Users who have been caught in the middle of the bitter dispute.
New York-based cryptocurrency exchange Gemini has officially initiated legal action against Digital Currency Group’s (DCG) Genesis Global in the Southern District of New York Bankruptcy Court.
According to a Friday statement by the exchange, the lawsuit seeks to recover an astounding $1.6 billion in value from Gemini, allegedly owed to Earn Users who have been caught in the middle of the bitter dispute.
Dogecoin Looks Ready for Upward Journey After Clearing Major Resistances, Says Crypto Trader – Here’s His Target
A trader thinks that clear skies are ahead for Dogecoin (DOGE) now that the top memecoin has moved above key price hurdles.
Analyst Ali Martinez tells his 34,800 followers on the social media platform X that Dogecoin will likely continue to rally as long as it is above $0.095.
According to Martinez, crypto bulls accumulated billions of DOGE at $0.095 – a price area that he thinks is now acting as firm support.
A trader thinks that clear skies are ahead for Dogecoin (DOGE) now that the top memecoin has moved above key price hurdles.
Analyst Ali Martinez tells his 34,800 followers on the social media platform X that Dogecoin will likely continue to rally as long as it is above $0.095.
According to Martinez, crypto bulls accumulated billions of DOGE at $0.095 – a price area that he thinks is now acting as firm support.
BTC Drops Below $43,000: Could Trigger Massive Altcoin Season For Ether, XRP, Cardano, Solana, Shiba Inu
Bitcoin (BTC) faced a substantial correction, plummeting to $42,140 on December 11, marking a sharp 9% dip. This downturn erased the gains made over the past week and pushed BTC to a four-month low at $41,005, signalling a stark market shift.
The price correction in Bitcoin was swiftly followed by a ripple effect across altcoins, with many witnessing double-digit declines.
Analysts and market experts, however, view this plunge as a natural progression within the ongoing market cycle. A correction of this nature was expected after a bullish surge extending for two months.
Bitcoin (BTC) faced a substantial correction, plummeting to $42,140 on December 11, marking a sharp 9% dip. This downturn erased the gains made over the past week and pushed BTC to a four-month low at $41,005, signalling a stark market shift.
The price correction in Bitcoin was swiftly followed by a ripple effect across altcoins, with many witnessing double-digit declines.
Analysts and market experts, however, view this plunge as a natural progression within the ongoing market cycle. A correction of this nature was expected after a bullish surge extending for two months.
Bitcoin, Ethereum and XRP Sitting at ‘High-Risk’ Profit Levels, Warns Crypto Analytics Firm Santiment
Crypto analytics firm Santiment says that three of the largest crypto networks by market cap now have more than 80% of their existing supplies in profit.
The Total Supply in Profit metric measures what percentage of coins are currently in profit compared to the last time they moved, and sometimes correlates with price trends.
According to Santiment, Bitcoin (BTC), Ethereum (ETH) and XRP have 83%, 84% and 81% of their supplies in profit, surpassing their average that range between 55% and 75% and placing these coins in high-risk profit territory.
Crypto analytics firm Santiment says that three of the largest crypto networks by market cap now have more than 80% of their existing supplies in profit.
The Total Supply in Profit metric measures what percentage of coins are currently in profit compared to the last time they moved, and sometimes correlates with price trends.
According to Santiment, Bitcoin (BTC), Ethereum (ETH) and XRP have 83%, 84% and 81% of their supplies in profit, surpassing their average that range between 55% and 75% and placing these coins in high-risk profit territory.
BlockDAG Coin’s 5000% Potential Gains Traction Amid Meme Mogul Presale
In the midst of Meme Moguls’ play-to-earn excitement, BlockDAG emerges as a compelling contender in the cryptocurrency arena. While crypto majors aim to enhance efficiency compared to Ethereum, BlockDAG has swiftly gained attention by raising $1 million within the first 24 hours of its presale, surpassing Meme Moguls’ initial success.
BlockDAG Coin‘s transparent roadmap and commitment to launching its mainnet within six months have captured the community’s confidence, reflected in its current presale price of $0.0015. With BlockDAG’s potential to become the next 5000x crypto, users are encouraged to participate early as the project progresses with promising prospects.
In the midst of Meme Moguls’ play-to-earn excitement, BlockDAG emerges as a compelling contender in the cryptocurrency arena. While crypto majors aim to enhance efficiency compared to Ethereum, BlockDAG has swiftly gained attention by raising $1 million within the first 24 hours of its presale, surpassing Meme Moguls’ initial success.
BlockDAG Coin‘s transparent roadmap and commitment to launching its mainnet within six months have captured the community’s confidence, reflected in its current presale price of $0.0015. With BlockDAG’s potential to become the next 5000x crypto, users are encouraged to participate early as the project progresses with promising prospects.
BEFE Coin’s Price Spikes by +20% – Holders Buzzing about the 1000x Buzz!
The past seven days have been quite fruitful for BEFE, with a growth of over 20%. But will it grow more or fall back to square one?
BEFE’s Past Week GrowthThe onset of March 23, 2024, appeared like a golden sun for BEFE, shining with the promise of a brighter week. Thanks to the coin’s presale events, its price rose exponentially and reached $0.0006742 on March 25, 2024.
The coin completed the first 3 phases within 24 hours, after which phase 4 went a bit slow. To keep the momentum going, the BEFE team announced airdrop events and giveaways. These events helped the coin complete Phase 4 and proceed towards Phase 5.
The past seven days have been quite fruitful for BEFE, with a growth of over 20%. But will it grow more or fall back to square one?
BEFE’s Past Week GrowthThe onset of March 23, 2024, appeared like a golden sun for BEFE, shining with the promise of a brighter week. Thanks to the coin’s presale events, its price rose exponentially and reached $0.0006742 on March 25, 2024.
The coin completed the first 3 phases within 24 hours, after which phase 4 went a bit slow. To keep the momentum going, the BEFE team announced airdrop events and giveaways. These events helped the coin complete Phase 4 and proceed towards Phase 5.
Willy Woo Predicts $1,000,000 Bitcoin ‘Will Happen Easily,’ Says Multiple Signals Now Flashing Bullish
Popular on-chain analyst Willy Woo strongly believes that Bitcoin (BTC) will ultimately achieve a seven-figure price tag.
Woo tells his 1.1 million followers on the social media platform X that he’s convinced Bitcoin’s value will skyrocket to $1 million in the coming years.
According to the analyst, a $1 million BTC price will have enduring effects that would change the global landscape.
Popular on-chain analyst Willy Woo strongly believes that Bitcoin (BTC) will ultimately achieve a seven-figure price tag.
Woo tells his 1.1 million followers on the social media platform X that he’s convinced Bitcoin’s value will skyrocket to $1 million in the coming years.
According to the analyst, a $1 million BTC price will have enduring effects that would change the global landscape.
U.K-Based Banking Giant Standard Chartered Is Setting Up A Spot Bitcoin, Ether Trading Desk
British multinational bank Standard Chartered is creating a Bitcoin and Ethereum trading desk in London, according to a recent report. If launched, Standard Chartered would become one of the first banks in the world to enter spot crypto trading.
Standard Chartered Ventures Into Spot Crypto TradingAccording to a Bloomberg report citing two people familiar with the matter, Standard Chartered is close to launching a spot trading desk for buying and selling BTC and ETH following the approval of spot Bitcoin and Ethereum ETFs in the U.S.
The new desk will be run from London, United Kingdom, and part of Standard Chartered’s Forex trading unit. The offering will expand the multinational bank’s suite of crypto asset services, including crypto custody and OTC trading.
British multinational bank Standard Chartered is creating a Bitcoin and Ethereum trading desk in London, according to a recent report. If launched, Standard Chartered would become one of the first banks in the world to enter spot crypto trading.
Standard Chartered Ventures Into Spot Crypto TradingAccording to a Bloomberg report citing two people familiar with the matter, Standard Chartered is close to launching a spot trading desk for buying and selling BTC and ETH following the approval of spot Bitcoin and Ethereum ETFs in the U.S.
The new desk will be run from London, United Kingdom, and part of Standard Chartered’s Forex trading unit. The offering will expand the multinational bank’s suite of crypto asset services, including crypto custody and OTC trading.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Elizabeth Warren Alleges Foreign Governments Using Crypto Mining Facilities To Spy on US Military Operations
Senator Elizabeth Warren says US rivals are covertly using digital asset mining facilities for intelligence gathering purposes.
Speaking at a Senate Committee on Banking, Housing, and Urban Affairs hearing, Warren says she’s concerned that other countries are spying on the US military through cryptomines.
Senator Elizabeth Warren says US rivals are covertly using digital asset mining facilities for intelligence gathering purposes.
Speaking at a Senate Committee on Banking, Housing, and Urban Affairs hearing, Warren says she’s concerned that other countries are spying on the US military through cryptomines.
21Shares Integrates Chainlink Proof of Reserve System for Spot Ethereum ETFs
A leading crypto firm is making use of the leading blockchain oracle service in an effort to increase transparency.
According to a new announcement from 21Shares, the firm’s Ethereum (ETH) exchange-traded fund (ETF) is utilizing Chainlink’s (LINK) Proof-of-Reserve (POR).
A leading crypto firm is making use of the leading blockchain oracle service in an effort to increase transparency.
According to a new announcement from 21Shares, the firm’s Ethereum (ETH) exchange-traded fund (ETF) is utilizing Chainlink’s (LINK) Proof-of-Reserve (POR).
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
BitGo Partners with South Korea’s Hana Financial and SK Telecom
BitGo, a global digital asset custody firm, has formed a strategic partnership with two major South Korean companies, Hana Financial Group and SK Telecom. This partnership is expected to assist BitGo in penetrating deeper into the South Korean market and supporting the establishment of the cryptocurrency space in the location as institutionalized.
At the Korea Blockchain Week 2024 event held in Seoul, Mike Belshe the CEO of BitGo stated that Hana Financial Group which is a Korean company has been revealed to have invested in a 25% stake in BitGo Korea while SK Telecom has invested in 10%. BitGo Korea is a partnership between BitGo and one of Korea’s biggest banks Hana Bank, it was formed early this year. The collaboration is to offer the development of crypto custody services, which is critically important now for the rapidly expanding market of digital assets in South Korea.
BitGo, a global digital asset custody firm, has formed a strategic partnership with two major South Korean companies, Hana Financial Group and SK Telecom. This partnership is expected to assist BitGo in penetrating deeper into the South Korean market and supporting the establishment of the cryptocurrency space in the location as institutionalized.
At the Korea Blockchain Week 2024 event held in Seoul, Mike Belshe the CEO of BitGo stated that Hana Financial Group which is a Korean company has been revealed to have invested in a 25% stake in BitGo Korea while SK Telecom has invested in 10%. BitGo Korea is a partnership between BitGo and one of Korea’s biggest banks Hana Bank, it was formed early this year. The collaboration is to offer the development of crypto custody services, which is critically important now for the rapidly expanding market of digital assets in South Korea.
Why Has Ethereum Significantly Underperformed Bitcoin, Solana, And BNB Since Shifting To Proof-Of-Stake? Experts Explore
Nearly two years after “The Merge” at Ethereum’s blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH who hoped the pivotal upgrade would provide a financial lift have been left with shrinking returns on investment. Ether’s price has underperformed Bitcoin (BTC), BNB, and even Solana (SOL) since the September 15, 2022 merge day.
Nearly two years after “The Merge” at Ethereum’s blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH who hoped the pivotal upgrade would provide a financial lift have been left with shrinking returns on investment. Ether’s price has underperformed Bitcoin (BTC), BNB, and even Solana (SOL) since the September 15, 2022 merge day.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
sunpump.meme
Sun Pump
The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to seed liquidity
SEC Greenlights Bitcoin Options ETFs for New York Stock Exchange and CBOE
The U.S. Securities and Exchange Commission (SEC) is greenlighting Bitcoin (BTC) options exchange-traded funds (ETFs) for two major US exchanges.
In separate statements, the regulatory agency says it’s approving the bids from the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list options contracts for BTC-based ETFs.
The U.S. Securities and Exchange Commission (SEC) is greenlighting Bitcoin (BTC) options exchange-traded funds (ETFs) for two major US exchanges.
In separate statements, the regulatory agency says it’s approving the bids from the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list options contracts for BTC-based ETFs.