Google Pay to allow users to buy crypto on Crypto.com
Crypto exchange Crypto.com will allow users can have crypto transactions using the payment integration with Google Pay App. This announcement follows the recent integration of Apple Pay into its mobile app and website.
Google Pay users are getting access to the crypto market as the global cryptocurrency wallet and exchange Crypto.com rolls out an in-app…
https://cryptoinsight.ae/google-pay-to-allow-users-to-buy-crypto-on-crypto-com/
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Crypto exchange Crypto.com will allow users can have crypto transactions using the payment integration with Google Pay App. This announcement follows the recent integration of Apple Pay into its mobile app and website.
Google Pay users are getting access to the crypto market as the global cryptocurrency wallet and exchange Crypto.com rolls out an in-app…
https://cryptoinsight.ae/google-pay-to-allow-users-to-buy-crypto-on-crypto-com/
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DeFi’s downturn deepens, but protocols with revenue could thrive
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week, resumes Prashant Jha in Finance Redefined digest on Cointeleptaph.
This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears…
https://cryptoinsight.ae/defis-downturn-deepens-but-protocols-with-revenue-could-thrive/
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The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week, resumes Prashant Jha in Finance Redefined digest on Cointeleptaph.
This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears…
https://cryptoinsight.ae/defis-downturn-deepens-but-protocols-with-revenue-could-thrive/
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Ethereum massively outflows from exchanges ahead of The Merge upgrade
Ethereum on exchanges hit a four-year low alongside steady inflows into the network’s staking contract ahead of The Merge. The market cap of the second-largest cryptocurrency has rallied by more than 34.5% over the past week, reaching nearly $199 billion.
On July 21, Ethereum (ETH) held on exchanges hit a 4-year low following record staking…
https://cryptoinsight.ae/ethereum-massively-outflows-from-exchanges-ahead-of-the-merge-upgrade/
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Ethereum on exchanges hit a four-year low alongside steady inflows into the network’s staking contract ahead of The Merge. The market cap of the second-largest cryptocurrency has rallied by more than 34.5% over the past week, reaching nearly $199 billion.
On July 21, Ethereum (ETH) held on exchanges hit a 4-year low following record staking…
https://cryptoinsight.ae/ethereum-massively-outflows-from-exchanges-ahead-of-the-merge-upgrade/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -3.5% change in the last 24 hours
Bitcoin ~ $21,936.03 (-3.5%)
Ethereum ~ $1,528.02 (-4.9%)
Solana ~ $38.61 (-5.5%)
Polkadot ~ $7.11 (-4.9%)
Flow ~ $1.76 (-8.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -3.5% change in the last 24 hours
Bitcoin ~ $21,936.03 (-3.5%)
Ethereum ~ $1,528.02 (-4.9%)
Solana ~ $38.61 (-5.5%)
Polkadot ~ $7.11 (-4.9%)
Flow ~ $1.76 (-8.2%)
Follow and subscribe - @GulfCryptoInsight
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Crypto Trends Weekly July 16 – 22
Breaking crypto news from the last week (July 16 – 22, 2022):
July 17: Yuga Labs, a creator of Bored Ape Yacht Club (BAYC), released the litepaper for its Otherside, a “starter guide” to its “world-building metaverse platform,” which is in development with software company Improbable. The document supports open development, user-generated content, and interoperability…
https://cryptoinsight.ae/crypto-trends-weekly-july-16-22/
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Breaking crypto news from the last week (July 16 – 22, 2022):
July 17: Yuga Labs, a creator of Bored Ape Yacht Club (BAYC), released the litepaper for its Otherside, a “starter guide” to its “world-building metaverse platform,” which is in development with software company Improbable. The document supports open development, user-generated content, and interoperability…
https://cryptoinsight.ae/crypto-trends-weekly-july-16-22/
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Tesla discloses it had sold 75% of its Bitcoin
Elon Musk’s Tesla revealed that it had sold 75% of its Bitcoin coin because it was concerned about “overall liquidity” due to COVID-19 lockdowns uncertainties in China. This February, Tesla was holding nearly $2 billion in Bitcoin.
On June 20, The Tesla team announced this statement in the company’s second quarterly meeting. While looking more…
https://cryptoinsight.ae/tesla-discloses-it-had-sold-75-of-its-bitcoin/
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Elon Musk’s Tesla revealed that it had sold 75% of its Bitcoin coin because it was concerned about “overall liquidity” due to COVID-19 lockdowns uncertainties in China. This February, Tesla was holding nearly $2 billion in Bitcoin.
On June 20, The Tesla team announced this statement in the company’s second quarterly meeting. While looking more…
https://cryptoinsight.ae/tesla-discloses-it-had-sold-75-of-its-bitcoin/
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Polygon rolls out zkEVM, a new scaling solution to cut Ethereum fees
Web3 infrastructure provider Polygon announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine), which is set to become the first Ethereum-compatible scaling solution that uses the so-called “zero-knowledge proofs.” Thus, Polygon zkEVM aims to outpace Visa’s transaction throughput.
Polygon first teased zkEVM at EthCC Paris in July 2021 and says it is designed to…
https://cryptoinsight.ae/polygon-rolls-out-zkevm-a-new-scaling-solution-to-cut-ethereum-fees/
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Web3 infrastructure provider Polygon announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine), which is set to become the first Ethereum-compatible scaling solution that uses the so-called “zero-knowledge proofs.” Thus, Polygon zkEVM aims to outpace Visa’s transaction throughput.
Polygon first teased zkEVM at EthCC Paris in July 2021 and says it is designed to…
https://cryptoinsight.ae/polygon-rolls-out-zkevm-a-new-scaling-solution-to-cut-ethereum-fees/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -3.5% change in the last 24 hours
Bitcoin ~ $21,936.03 (-3.5%)
Ethereum ~ $1,528.02 (-4.9%)
Solana ~ $38.61 (-5.5%)
Polkadot ~ $7.11 (-4.9%)
Flow ~ $1.76 (-8.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -3.5% change in the last 24 hours
Bitcoin ~ $21,936.03 (-3.5%)
Ethereum ~ $1,528.02 (-4.9%)
Solana ~ $38.61 (-5.5%)
Polkadot ~ $7.11 (-4.9%)
Flow ~ $1.76 (-8.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Moonbeam helps to swap tokens between Cosmos and Polkadot
Moonbeam, a smart contract parachain on Polkadot, announced a partnership with Cosmos-based decentralized exchange Osmosis on July 23 to enable cross-chain token swaps between the Polkadot and Cosmos ecosystems.
Simply put, this integration means it will be easy to transfer tokens between the two different blockchain ecosystems. Axelar Network will serve as the bridge infrastructure…
https://cryptoinsight.ae/moonbeam-helps-to-swap-tokens-between-cosmos-and-polkadot/
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Moonbeam, a smart contract parachain on Polkadot, announced a partnership with Cosmos-based decentralized exchange Osmosis on July 23 to enable cross-chain token swaps between the Polkadot and Cosmos ecosystems.
Simply put, this integration means it will be easy to transfer tokens between the two different blockchain ecosystems. Axelar Network will serve as the bridge infrastructure…
https://cryptoinsight.ae/moonbeam-helps-to-swap-tokens-between-cosmos-and-polkadot/
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Aptos raises $150 million from FTX Ventures and Jump Crypto
Aptos, a blockchain startup founded by former Meta employees, announced a $150 million round led by FTX Ventures and Jump Crypto on July 25. The round brought the startup’s total funds raised in 2022 alone to $350 million.
According to Bloomberg, the startup’s latest raise includes new investors such as Griffin Gaming Partners, Franklin Templeton,…
https://cryptoinsight.ae/aptos-raises-150-million-from-ftx-ventures-and-jump-crypto/
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Aptos, a blockchain startup founded by former Meta employees, announced a $150 million round led by FTX Ventures and Jump Crypto on July 25. The round brought the startup’s total funds raised in 2022 alone to $350 million.
According to Bloomberg, the startup’s latest raise includes new investors such as Griffin Gaming Partners, Franklin Templeton,…
https://cryptoinsight.ae/aptos-raises-150-million-from-ftx-ventures-and-jump-crypto/
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Tether and Bitfinex to launch decentralized video chat Keet
Digital asset exchange Bitfinex and Tether, the project behind the troubled USDT stablecoin, have joined forces with peer-to-peer (P2P) protocol Hypercore to roll out a blockchain-powered video calling app Keet. The app, which represents a decentralized alternative to popular centralized communication apps such as WhatsApp and Zoom, is built on a fully encrypted platform for…
https://cryptoinsight.ae/tether-and-bitfinex-to-launch-decentralized-video-chat-keet/
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Digital asset exchange Bitfinex and Tether, the project behind the troubled USDT stablecoin, have joined forces with peer-to-peer (P2P) protocol Hypercore to roll out a blockchain-powered video calling app Keet. The app, which represents a decentralized alternative to popular centralized communication apps such as WhatsApp and Zoom, is built on a fully encrypted platform for…
https://cryptoinsight.ae/tether-and-bitfinex-to-launch-decentralized-video-chat-keet/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.02 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $21,265.14 (0.4%)
Ethereum ~ $1,455.79 (2.0%)
Solana ~ $37.02 (2.7%)
Polkadot ~ $7.11 (-4.9%)
Flow ~ $1.60 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.02 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $21,265.14 (0.4%)
Ethereum ~ $1,455.79 (2.0%)
Solana ~ $37.02 (2.7%)
Polkadot ~ $7.11 (-4.9%)
Flow ~ $1.60 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Dubai Police to roll out new NFT collection by GITEX 2022
The Dubai Police announced that it plans to roll out the 2nd edition of its NFT collection during the Gulf Information Technology Expo (GITEX) 2022, which will be held between 10-14 October 2022. In this edition, the force will give out 150 free NFTs in a raffle draw, while about 23 million people showed interest…
https://cryptoinsight.ae/dubai-police-to-roll-out-new-nft-collection-by-gitex-2022/
Website | Twitter | LinkedIn | Telegram
The Dubai Police announced that it plans to roll out the 2nd edition of its NFT collection during the Gulf Information Technology Expo (GITEX) 2022, which will be held between 10-14 October 2022. In this edition, the force will give out 150 free NFTs in a raffle draw, while about 23 million people showed interest…
https://cryptoinsight.ae/dubai-police-to-roll-out-new-nft-collection-by-gitex-2022/
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How two asset managers are handling 2022’s crypto volatility
Risk-mitigated approaches to crypto could offer the benefits of holding it but with less downside, writes Christopher Robbins on CoinDesk.
The key to long-term investing success in cryptocurrencies is really no different than it is for investing in any other growth-oriented, volatile asset class: Time in the market beats timing the market.
The problem is…
https://cryptoinsight.ae/how-two-asset-managers-are-handling-2022s-crypto-volatility/
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Risk-mitigated approaches to crypto could offer the benefits of holding it but with less downside, writes Christopher Robbins on CoinDesk.
The key to long-term investing success in cryptocurrencies is really no different than it is for investing in any other growth-oriented, volatile asset class: Time in the market beats timing the market.
The problem is…
https://cryptoinsight.ae/how-two-asset-managers-are-handling-2022s-crypto-volatility/
Website | Twitter | LinkedIn | Telegram
Crypto exchange Kraken reportedly suspected of violating sanctions
Crypto exchange Kraken is reportedly under investigation for allegedly violating federal sanctions and providing services to Iranians. The US Department of Treasury is investigating Kraken, the NYTimes sources said.
The US Treasury Department has been keeping Kraken under the radar since 2019 and is also imposing a fine on the exchange, according to the news…
https://cryptoinsight.ae/crypto-exchange-kraken-reportedly-suspected-of-violating-sanctions/
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Crypto exchange Kraken is reportedly under investigation for allegedly violating federal sanctions and providing services to Iranians. The US Department of Treasury is investigating Kraken, the NYTimes sources said.
The US Treasury Department has been keeping Kraken under the radar since 2019 and is also imposing a fine on the exchange, according to the news…
https://cryptoinsight.ae/crypto-exchange-kraken-reportedly-suspected-of-violating-sanctions/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.11 Trillion, a 8.8% change in the last 24 hours
Bitcoin ~ $23,187.30 (9.1%)
Ethereum ~ $1,643.81 (13.1%)
Solana ~ $39.84 (7.8%)
Polkadot ~ $7.71 (13.6%)
Flow ~ $1.78 (11.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.11 Trillion, a 8.8% change in the last 24 hours
Bitcoin ~ $23,187.30 (9.1%)
Ethereum ~ $1,643.81 (13.1%)
Solana ~ $39.84 (7.8%)
Polkadot ~ $7.71 (13.6%)
Flow ~ $1.78 (11.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Forex Suggest: The UAE in the top of crypto-ready countries
UAE ranks 4th among the most crypto-ready countries, while Hong Kong takes 1th place. The US and Switzerland follow Hong Kong, taking the 2nd and 3rd spots, respectively. Hong Kong also ranks 3rd among the countries with the most crypto ATMs per 100,000 people.
Hong Kong, the USA, Switzerland, and the UAE rank high among…
https://cryptoinsight.ae/forex-suggest-the-uae-in-the-top-of-crypto-ready-countries/
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UAE ranks 4th among the most crypto-ready countries, while Hong Kong takes 1th place. The US and Switzerland follow Hong Kong, taking the 2nd and 3rd spots, respectively. Hong Kong also ranks 3rd among the countries with the most crypto ATMs per 100,000 people.
Hong Kong, the USA, Switzerland, and the UAE rank high among…
https://cryptoinsight.ae/forex-suggest-the-uae-in-the-top-of-crypto-ready-countries/
Website | Twitter | LinkedIn | Telegram
Unstoppable Domains raises $65 million in Series A round, reaching unicorn status
Unstoppable Domains raised $65 million in Series A funding, reaching a $1 billion valuation. The firm plans to use the funds to reduce the friction of crypto payments between applications and build reputation-based Web3 reward programs.
Unstoppable Domains, a firm building digital identity markers as NFTs, announced on July 27 that it raised $65 million…
https://cryptoinsight.ae/unstoppable-domains-raises-65-million-in-series-a-round-reaching-unicorn-status/
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Unstoppable Domains raised $65 million in Series A funding, reaching a $1 billion valuation. The firm plans to use the funds to reduce the friction of crypto payments between applications and build reputation-based Web3 reward programs.
Unstoppable Domains, a firm building digital identity markers as NFTs, announced on July 27 that it raised $65 million…
https://cryptoinsight.ae/unstoppable-domains-raises-65-million-in-series-a-round-reaching-unicorn-status/
Website | Twitter | LinkedIn | Telegram
Crypto up as Federal Reserve announces 0.75% rate hike
The Federal Reserve has hiked interest rates by another 75 basis points. This comes after inflation in the US had hit a 40-year high of 9.1% in June. The crypto market has rallied in response, despite the Fed’s repeated rate hikes are promoting concerns of a recession.
Since Wednesday, US interest rates have returned to…
https://cryptoinsight.ae/crypto-up-as-federal-reserve-announces-0-75-rate-hike/
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The Federal Reserve has hiked interest rates by another 75 basis points. This comes after inflation in the US had hit a 40-year high of 9.1% in June. The crypto market has rallied in response, despite the Fed’s repeated rate hikes are promoting concerns of a recession.
Since Wednesday, US interest rates have returned to…
https://cryptoinsight.ae/crypto-up-as-federal-reserve-announces-0-75-rate-hike/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.15 Trillion, a 4.0% change in the last 24 hours
Bitcoin ~ $23,975.62 (3.2%)
Ethereum ~ $1,725.79 (4.8%)
Solana ~ $43.74 (9.9%)
Polkadot ~ $8.15 (5.7%)
Flow ~ $1.95 (8.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.15 Trillion, a 4.0% change in the last 24 hours
Bitcoin ~ $23,975.62 (3.2%)
Ethereum ~ $1,725.79 (4.8%)
Solana ~ $43.74 (9.9%)
Polkadot ~ $8.15 (5.7%)
Flow ~ $1.95 (8.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram