Gekocrypto Crypto News

MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering Massive Whale Transfers: Dormant Bitcoin Wallet Activation As BTC Hits $100K BTC Eyes $100K as US Spot ETFs Break Through $100 Billion Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down Can BTC Hit Six Digits? Exploring Bitcoin’s $100K Predictions With Kalshi and Polymarket Insights How to Reclaim Digital Selfhood Nasdaq-listed Worksport adopts BTC, XRP for treasury strategy Czech Republic abolishes capital gains tax on Bitcoin held at least three years Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns Notcoin Launches Interactive ‘Lost Dogs’ Telegram Game in Partnership with TON NFT Project

MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring bitcoin (BTC), refinancing existing debt, and other general corporate needs. Announced Friday, the issuance was finalized on Nov. 20, 2024, and included $150 million in extra notes offered through an optional provision for initial investors. MARA disclosed that these notes were sold privately to qualified...

23.11.2024

Massive Whale Transfers: Dormant Bitcoin Wallet Activation As BTC Hits $100K

You are here: Home / News / Massive Whale Transfers: Dormant Bitcoin Wallet Activation As BTC Hits $100K Dormant Bitcoin Wallet Activated After 13 Years Bitcoin Worth $1.02M Reactivated from 2012 Wallet Massive Bitcoin Whale Transfer Sparks Market Speculation Bitcoin transactions have increased as dormant wallets reactivate and whales transfer millions. A 50 BTC wallet inactive since 2011 resurfaces, and 1,400 BTC is moved between unknown wallets. This highlights blockchain activity and market dynamics. Dormant wallet transfers 50 BTC Worth $5.16M A BTC wallet with 50 bitcoins worth $5.16 million was reactivated after being dormant for 13 years. The account...

05.12.2024

BTC Eyes $100K as US Spot ETFs Break Through $100 Billion

Bitcoin is approaching US$100k, a surge supported by the rapid growth of US spot Bitcoin ETFs, which now manage over $100 billion in assets. The 11 Bitcoin ETFs are now closer to overtaking gold ETFs, which currently hold US$120B in assets. Market observers are predicting Bitcoin could exceed $100,000 by the end of 2024, spurred by potential regulatory changes and institutional demand. Bitcoin (BTC) is nearing the US$100k (AU$153K) milestone, currently trading at US$98,600 (AU$151K) after a 4.6% increase in the last 24 hours. Bitcoin’s weekly price, source: CoinMarketCap This surge follows significant developments in the cryptocurrency market, including the...

22.11.2024

All News

MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering

Massive Whale Transfers: Dormant Bitcoin Wallet Activation As BTC Hits $100K

BTC Eyes $100K as US Spot ETFs Break Through $100 Billion

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down

In the final stretch of several U.S. congressional primaries, crypto-backed campaign-finance efforts are trying to add to their lists of friendly members of Congress. The industry's political action committees supported candidates in Tuesday's primaries in Washington state and Missouri, and they devoted $1.4 million in the hopes of ousting a prominent Democrat in Missouri. Support for one Arizona Democrat may be paying off, with the Yassamin Ansari's race moving to a recount with her still holding a 42-vote lead. After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting...

Can BTC Hit Six Digits? Exploring Bitcoin’s $100K Predictions With Kalshi and Polymarket Insights

As bitcoin (BTC) trades under the $96,000 mark at 1 p.m. ET on Monday, prediction markets Kalshi and Polymarket reveal mixed expectations for the cryptocurrency’s potential to reach $100,000 within the coming months and throughout 2024. Analyzing $100K Betting Forecasts From Kalshi and Polymarket Kalshi and Polymarket, two prominent prediction platforms, highlight varied confidence levels regarding bitcoin’s milestone of $100,000. On Kalshi, traders estimate a 37% probability of bitcoin exceeding $100,000 before Dec. 1, 2024, a figure that has slightly decreased recently. This translates to 36 cents per “yes” contract and 66 cents for “no.” Kalshi odds at 1 p.m....

How to Reclaim Digital Selfhood

At the height of its public fervor in 2021, Web3 felt like an amusement park for scams. Bored apes were its mascots, Bitcoin its rollercoaster, the metaverse its hall of mirrors, and rug-pulls its magical disappearing acts. Web3 disciples practically frothed at the mouth while celebrities, elites, and normal folks alike were taken on the worst kind of ride. Was it a cult, a con, a fever dream, or a fantasy? Now that the rollercoaster has careened off the tracks and the crowds have moved on, the real custodians of our digital future are picking through the rubble. They’re mining...

Nasdaq-listed Worksport adopts BTC, XRP for treasury strategy

Worksport embraces crypto for treasury diversification amid strong revenue growth and market trend alignment. Photo: investors.worksport.com Key Takeaways Worksport plans to allocate up to $5 million or 10% of its cash reserves to Bitcoin and XRP. The company will accept crypto payments on its e-commerce platform and expects to reduce transaction fees by up to 37%. Worksport, a Nasdaq-listed company specializing in the design and manufacture of truck accessories, is adding Bitcoin and XRP to its treasury assets, according to a Thursday press release. The move is aimed at diversifying its treasury strategy and enhancing overall financial stability. Worksport views...

Czech Republic abolishes capital gains tax on Bitcoin held at least three years

New tax law could boost crypto investment despite its lack of guidance and clear implementation strategies. Key Takeaways The Czech Republic has exempted Bitcoin held for more than three years from capital gains tax starting 2025. The legislation requires the assets not to be part of business assets to qualify for the tax exemption. The Czech Parliament has voted in favor of a proposed amendment that exempts capital gains from the sale of Bitcoin and other crypto assets from personal income tax, as shared by prominent financial analyst and entrepreneur Kristian Csepcsar. No capital gains tax on bitcoin has just...

Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have launched a “Crypto for Harris” initiative to help Vice President Kamala Harris gain support from the cryptocurrency community. Biden-Harris Administration Steps Up Engagement with Cryptocurrency Sector Senior White House officials reportedly engaged in a call with cryptocurrency leaders on Thursday as part of the Biden administration’s efforts to connect with the industry. The call included Bruce Reed, White House deputy chief of staff; Lael...

Notcoin Launches Interactive ‘Lost Dogs’ Telegram Game in Partnership with TON NFT Project

Notcoin has announced the launch of NOT Games, with Lost Dogs, The Way , being the first of the bunch. Players will embark on dog-themed quests and earn in-game tokens as rewards. They can also join communities and invite users to play and win. Lost Dogs marks the beginning of a different gameplay mechanic with new models designed for long-term sustainability. Popular tap-to-earn (T2E) game Notcoin (NOT) has launched a dog-themed Telegram game called Lost Dogs in association with The Open Network (TON) NFT project of the same name. Lost Dogs is a story-driven game in which the player embarks...