Hello there!
Day started from:
The global cryptocurrency market cap today is $1.32 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $29,984.33 (-1.4%)
Ethereum ~ $2,096.65 (-0.2%)
Solana ~ $25.50 (4.9%)
Polkadot ~ $6.71 (-1.3%)
Flow ~ $1.04 (-2.0%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.32 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $29,984.33 (-1.4%)
Ethereum ~ $2,096.65 (-0.2%)
Solana ~ $25.50 (4.9%)
Polkadot ~ $6.71 (-1.3%)
Flow ~ $1.04 (-2.0%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.
Recent turmoil in the banking sector has shown that Bitcoin and Ether can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest CEO Cathie Wood — butone…
https://cryptoinsight.ae/bitcoin-ether-are-like-gold-says-cathie-wood-but-ray-dalio-is-skeptical/
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Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.
Recent turmoil in the banking sector has shown that Bitcoin and Ether can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest CEO Cathie Wood — butone…
https://cryptoinsight.ae/bitcoin-ether-are-like-gold-says-cathie-wood-but-ray-dalio-is-skeptical/
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Blockchains need an interoperable standard to evolve, say crypto execs
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says.
Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say.
Many expect there…
https://cryptoinsight.ae/blockchains-need-an-interoperable-standard-to-evolve-say-crypto-execs/
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Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says.
Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say.
Many expect there…
https://cryptoinsight.ae/blockchains-need-an-interoperable-standard-to-evolve-say-crypto-execs/
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Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%.
Over 1 million Ether worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.…
https://cryptoinsight.ae/ether-hits-11-month-high-as-post-shapella-withdrawals-pass-1m-eth/
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Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%.
Over 1 million Ether worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.…
https://cryptoinsight.ae/ether-hits-11-month-high-as-post-shapella-withdrawals-pass-1m-eth/
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Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote
A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.
A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.
When voting closed on April 16 more than…
https://cryptoinsight.ae/aaves-proposal-to-launch-on-zkevm-passes-temperature-check-vote/
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A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.
A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.
When voting closed on April 16 more than…
https://cryptoinsight.ae/aaves-proposal-to-launch-on-zkevm-passes-temperature-check-vote/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.31 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $29,558.12 (-1.5%)
Ethereum ~ $2,090.56 (-0.6%)
Solana ~ $24.76 (-2.9%)
Polkadot ~ $6.78 (0.7%)
Flow ~ $1.04 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.31 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $29,558.12 (-1.5%)
Ethereum ~ $2,090.56 (-0.6%)
Solana ~ $24.76 (-2.9%)
Polkadot ~ $6.78 (0.7%)
Flow ~ $1.04 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Tether market cap eyes record high after regaining 65% stablecoin dominance
The market capitalization of Tether is nearly a billion dollars away from reaching a new lifetime peak while rival stablecoins struggle.
Tether has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the United States.
On April 17, the U.S. dollar-pegged stablecoin’s circulating market valuation reached nearly $81 billion, just…
https://cryptoinsight.ae/tether-market-cap-eyes-record-high-after-regaining-65-stablecoin-dominance/
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The market capitalization of Tether is nearly a billion dollars away from reaching a new lifetime peak while rival stablecoins struggle.
Tether has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the United States.
On April 17, the U.S. dollar-pegged stablecoin’s circulating market valuation reached nearly $81 billion, just…
https://cryptoinsight.ae/tether-market-cap-eyes-record-high-after-regaining-65-stablecoin-dominance/
Website | Twitter | LinkedIn | Telegram
Total Arbitrum accounts surpass 5M after airdrop hype: Report
The milestone was accomplished less than one month after a much-anticipated airdrop.
According to statistics compiled by user Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on April 17. Aside from individual addresses, there are now more than four million active accounts…
https://cryptoinsight.ae/total-arbitrum-accounts-surpass-5m-after-airdrop-hype-report/
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The milestone was accomplished less than one month after a much-anticipated airdrop.
According to statistics compiled by user Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on April 17. Aside from individual addresses, there are now more than four million active accounts…
https://cryptoinsight.ae/total-arbitrum-accounts-surpass-5m-after-airdrop-hype-report/
Website | Twitter | LinkedIn | Telegram
Bitcoin on-chain data highlights the steps BTC is taking to exit the bear market
A fresh report from Glassnode suggests that Bitcoin has built a solid foundation below the $30,000 level.
Glassnode’s latest analysis suggests that Bitcoin has built a strong foundation below the $30,000 level, and the current supply structure shows similarities to early 2016 and early 2019.
The report shows that the Long-Term Holder (LTH) supply is…
https://cryptoinsight.ae/bitcoin-on-chain-data-highlights-the-steps-btc-is-taking-to-exit-the-bear-market/
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A fresh report from Glassnode suggests that Bitcoin has built a solid foundation below the $30,000 level.
Glassnode’s latest analysis suggests that Bitcoin has built a strong foundation below the $30,000 level, and the current supply structure shows similarities to early 2016 and early 2019.
The report shows that the Long-Term Holder (LTH) supply is…
https://cryptoinsight.ae/bitcoin-on-chain-data-highlights-the-steps-btc-is-taking-to-exit-the-bear-market/
Website | Twitter | LinkedIn | Telegram
Decentralized science is key to fixing academic research
Locked paywalls and high fees are defining characteristics of traditional academic research. DeSci can lower the barriers to access.
Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there…
https://cryptoinsight.ae/decentralized-science-is-key-to-fixing-academic-research/
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Locked paywalls and high fees are defining characteristics of traditional academic research. DeSci can lower the barriers to access.
Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there…
https://cryptoinsight.ae/decentralized-science-is-key-to-fixing-academic-research/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.33 Trillion, a 1.3% change in the last 24 hours
Bitcoin ~ $30,232.71 (1.8%)
Ethereum ~ $2,083.11 (-0.5%)
Solana ~ $24.48 (-1.9%)
Polkadot ~ $6.85 (0.9%)
Flow ~ $1.04 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.33 Trillion, a 1.3% change in the last 24 hours
Bitcoin ~ $30,232.71 (1.8%)
Ethereum ~ $2,083.11 (-0.5%)
Solana ~ $24.48 (-1.9%)
Polkadot ~ $6.85 (0.9%)
Flow ~ $1.04 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
UAE’s federal financial regulator opens licensing applications for VASPs
Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator.
The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country.
The…
https://cryptoinsight.ae/uaes-federal-financial-regulator-opens-licensing-applications-for-vasps/
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Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator.
The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country.
The…
https://cryptoinsight.ae/uaes-federal-financial-regulator-opens-licensing-applications-for-vasps/
Website | Twitter | LinkedIn | Telegram
Solana on-chain and derivatives data highlights the limitations of SOL’s potential price breakout
SOL price recently rallied by 30%, but on-chain data suggests that the network’s growth challenges could restrict Solana’s upside.
Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by the Solana blockchain and the retail trading debut of Grayscale Solana Trust shares.
The developments, along with bullishness in…
https://cryptoinsight.ae/solana-on-chain-and-derivatives-data-highlights-the-limitations-of-sols-potential-price-breakout/
Website | Twitter | LinkedIn | Telegram
SOL price recently rallied by 30%, but on-chain data suggests that the network’s growth challenges could restrict Solana’s upside.
Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by the Solana blockchain and the retail trading debut of Grayscale Solana Trust shares.
The developments, along with bullishness in…
https://cryptoinsight.ae/solana-on-chain-and-derivatives-data-highlights-the-limitations-of-sols-potential-price-breakout/
Website | Twitter | LinkedIn | Telegram
Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX.
Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.
The venture…
https://cryptoinsight.ae/tribe-capital-considers-reviving-bankrupt-crypto-exchange-ftx-report/
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The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX.
Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.
The venture…
https://cryptoinsight.ae/tribe-capital-considers-reviving-bankrupt-crypto-exchange-ftx-report/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a -4.6% change in the last 24 hours
Bitcoin ~ $28,843.68 (-4.6%)
Ethereum ~ $1,950.76 (-6.6%)
Solana ~ $22.69 (-7.9%)
Polkadot ~ $6.39 (-7.0%)
Flow ~ $0.952346 (-8.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a -4.6% change in the last 24 hours
Bitcoin ~ $28,843.68 (-4.6%)
Ethereum ~ $1,950.76 (-6.6%)
Solana ~ $22.69 (-7.9%)
Polkadot ~ $6.39 (-7.0%)
Flow ~ $0.952346 (-8.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Subway-themed trading bot makes millions using ‘sandwich’ attacks
The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000.
An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins.
The wallet address, linked to the Ethereum Name Service (ENS)…
https://cryptoinsight.ae/subway-themed-trading-bot-makes-millions-using-sandwich-attacks/
Website | Twitter | LinkedIn | Telegram
The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000.
An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins.
The wallet address, linked to the Ethereum Name Service (ENS)…
https://cryptoinsight.ae/subway-themed-trading-bot-makes-millions-using-sandwich-attacks/
Website | Twitter | LinkedIn | Telegram
Connecting DeFi: How multichain token systems can improve liquidity
Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets.
Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party.
However, multichain tokens enable…
https://cryptoinsight.ae/connecting-defi-how-multichain-token-systems-can-improve-liquidity/
Website | Twitter | LinkedIn | Telegram
Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets.
Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party.
However, multichain tokens enable…
https://cryptoinsight.ae/connecting-defi-how-multichain-token-systems-can-improve-liquidity/
Website | Twitter | LinkedIn | Telegram
DePIN will become one of this decade’s most important crypto investments
Decentralized physical infrastructure is offering the most real-world implementations for blockchain technology to date.
The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical…
https://cryptoinsight.ae/depin-will-become-one-of-this-decades-most-important-crypto-investments/
Website | Twitter | LinkedIn | Telegram
Decentralized physical infrastructure is offering the most real-world implementations for blockchain technology to date.
The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical…
https://cryptoinsight.ae/depin-will-become-one-of-this-decades-most-important-crypto-investments/
Website | Twitter | LinkedIn | Telegram
Crypto financial services provider Januar receives full Danish payments license
The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure.
Danish startup Januar announced April 19 that it has received a Payment Institution License from the country’s Financial Supervisory Authority (DFSA). The license will allow Januar to conduct business in the 30 European Economic Area…
https://cryptoinsight.ae/crypto-financial-services-provider-januar-receives-full-danish-payments-license/
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The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure.
Danish startup Januar announced April 19 that it has received a Payment Institution License from the country’s Financial Supervisory Authority (DFSA). The license will allow Januar to conduct business in the 30 European Economic Area…
https://cryptoinsight.ae/crypto-financial-services-provider-januar-receives-full-danish-payments-license/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.24 Trillion, a -1.9% change in the last 24 hours
Bitcoin ~ $28,171.85 (-2.9%)
Ethereum ~ $1,931.73 (-1.6%)
Solana ~ $22.24 (-3.2%)
Polkadot ~ $6.10 (-5.1%)
Flow ~ $0.952346 (-8.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.24 Trillion, a -1.9% change in the last 24 hours
Bitcoin ~ $28,171.85 (-2.9%)
Ethereum ~ $1,931.73 (-1.6%)
Solana ~ $22.24 (-3.2%)
Polkadot ~ $6.10 (-5.1%)
Flow ~ $0.952346 (-8.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram