Hello there!
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $64,385.38 (-0.4%)
Ethereum ~ $3,503.69 (-0.2%)
Solana ~ $136.13 (2.8%)
Polkadot ~ $5.60 (-1.5%)
Flow ~ $0.63 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $64,385.38 (-0.4%)
Ethereum ~ $3,503.69 (-0.2%)
Solana ~ $136.13 (2.8%)
Polkadot ~ $5.60 (-1.5%)
Flow ~ $0.63 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers
Bitcoin has been in a downtrend for over two weeks and now trades 13.8% below its all-time high of $73,835, reached on March 14. Analysts argue that BTC must recover its hashrate and shake off “weak hands” to end the downtrend.
Independent analyst Willy Woo noted that Bitcoin’s price would only recover when “weak miners…
https://cryptoinsight.ae/bitcoin-price-bouce-will-occur-when-weak-hands-capitulate-and-hashrate-recovers/
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Bitcoin has been in a downtrend for over two weeks and now trades 13.8% below its all-time high of $73,835, reached on March 14. Analysts argue that BTC must recover its hashrate and shake off “weak hands” to end the downtrend.
Independent analyst Willy Woo noted that Bitcoin’s price would only recover when “weak miners…
https://cryptoinsight.ae/bitcoin-price-bouce-will-occur-when-weak-hands-capitulate-and-hashrate-recovers/
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Is Standard Chartered setting up a Bitcoin, Ether trading desk?
Multinational bank Standard Chartered may be working to launch a Bitcoin and Ether trading desk.
If launched, this would make the bank one of the first global banking institutions to get into spot crypto trading.
Standard Chartered on BTC and ETH trading desk
On June 21, Bloomberg reported that the crypto desk will soon begin…
https://cryptoinsight.ae/is-standard-chartered-setting-up-a-bitcoin-ether-trading-desk/
Website | Twitter | LinkedIn | Telegram
Multinational bank Standard Chartered may be working to launch a Bitcoin and Ether trading desk.
If launched, this would make the bank one of the first global banking institutions to get into spot crypto trading.
Standard Chartered on BTC and ETH trading desk
On June 21, Bloomberg reported that the crypto desk will soon begin…
https://cryptoinsight.ae/is-standard-chartered-setting-up-a-bitcoin-ether-trading-desk/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $64,357.89 (0.0%)
Ethereum ~ $3,509.04 (0.2%)
Solana ~ $134.46 (-1.2%)
Polkadot ~ $5.76 (2.6%)
Flow ~ $0.6323 (0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $64,357.89 (0.0%)
Ethereum ~ $3,509.04 (0.2%)
Solana ~ $134.46 (-1.2%)
Polkadot ~ $5.76 (2.6%)
Flow ~ $0.6323 (0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
1,590 CoinStats crypto wallets ‘affected’ in security breach
Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach that affected 1,590 crypto wallets.
“The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident,” CoinStats wrote in a June 22 X post.
“Thanks to the immediate incident response from the CoinStats team, only…
https://cryptoinsight.ae/1590-coinstats-crypto-wallets-affected-in-security-breach/
Website | Twitter | LinkedIn | Telegram
Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach that affected 1,590 crypto wallets.
“The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident,” CoinStats wrote in a June 22 X post.
“Thanks to the immediate incident response from the CoinStats team, only…
https://cryptoinsight.ae/1590-coinstats-crypto-wallets-affected-in-security-breach/
Website | Twitter | LinkedIn | Telegram
Blockchain to enable universal reward system for loyalty programs: Interview with Aria Oh
Loyalty programs had come a long way from the copper tokens of the late 18th century. Modern programs don’t even require customers to carry stamp cards around — most processes operate through mobile apps and digitized systems.
However, the convenience of establishing a loyalty program through a simple app also brought unwanted complexity and fragmentation…
https://cryptoinsight.ae/blockchain-to-enable-universal-reward-system-for-loyalty-programs-interview-with-aria-oh/
Website | Twitter | LinkedIn | Telegram
Loyalty programs had come a long way from the copper tokens of the late 18th century. Modern programs don’t even require customers to carry stamp cards around — most processes operate through mobile apps and digitized systems.
However, the convenience of establishing a loyalty program through a simple app also brought unwanted complexity and fragmentation…
https://cryptoinsight.ae/blockchain-to-enable-universal-reward-system-for-loyalty-programs-interview-with-aria-oh/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a -3.5% change in the last 24 hours
Bitcoin ~ $62,336.58 (-3.3%)
Ethereum ~ $3,379.07 (-3.8%)
Solana ~ $124.61 (-7.3%)
Polkadot ~ $5.61 (-2.6%)
Flow ~ $0.6061 (-4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a -3.5% change in the last 24 hours
Bitcoin ~ $62,336.58 (-3.3%)
Ethereum ~ $3,379.07 (-3.8%)
Solana ~ $124.61 (-7.3%)
Polkadot ~ $5.61 (-2.6%)
Flow ~ $0.6061 (-4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Ether could tumble to as low as $2,400 after the launch of spot Ether exchange-traded funds, says Andrew Kang, a founder and partner at crypto-focused venture capital firm Mechanism Capital.
According to CoinGecko, Ether is currently trading at $3,410. A tumble to $2,400 would be a nearly 30% drop from its current price.
In a…
https://cryptoinsight.ae/ethereum-could-fall-30-after-spot-eth-etfs-launch-crypto-vc/
Website | Twitter | LinkedIn | Telegram
Ether could tumble to as low as $2,400 after the launch of spot Ether exchange-traded funds, says Andrew Kang, a founder and partner at crypto-focused venture capital firm Mechanism Capital.
According to CoinGecko, Ether is currently trading at $3,410. A tumble to $2,400 would be a nearly 30% drop from its current price.
In a…
https://cryptoinsight.ae/ethereum-could-fall-30-after-spot-eth-etfs-launch-crypto-vc/
Website | Twitter | LinkedIn | Telegram
Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor
Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently sounded off on the virtues of Bitcoin — including claiming it’ll reach $10 million per coin and that the entire nation of China will get behind the cryptocurrency — in an 84-minute podcast interview.
https://youtu.be/A60jVnAIX40
Economic pseudoscience
In the above video’s…
https://cryptoinsight.ae/bitcoin-offers-economic-immortality-will-reach-10m-per-coin-michael-saylor/
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Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently sounded off on the virtues of Bitcoin — including claiming it’ll reach $10 million per coin and that the entire nation of China will get behind the cryptocurrency — in an 84-minute podcast interview.
https://youtu.be/A60jVnAIX40
Economic pseudoscience
In the above video’s…
https://cryptoinsight.ae/bitcoin-offers-economic-immortality-will-reach-10m-per-coin-michael-saylor/
Website | Twitter | LinkedIn | Telegram
EigenLayer enhances EigenDA security to combat Sybil attacks
EigenLayer has implemented an additional security feature for its EigenDA data availability service on the Ethereum mainnet to prevent Sybil and distributed denial of service attacks.
According to an X post from EigenDA, the whitelist security measure utilizes either an internet protocol address or Ethereum’s elliptic curve digital signature algorithm (ECDSA) authentication to ensure enhanced…
https://cryptoinsight.ae/eigenlayer-enhances-eigenda-security-to-combat-sybil-attacks/
Website | Twitter | LinkedIn | Telegram
EigenLayer has implemented an additional security feature for its EigenDA data availability service on the Ethereum mainnet to prevent Sybil and distributed denial of service attacks.
According to an X post from EigenDA, the whitelist security measure utilizes either an internet protocol address or Ethereum’s elliptic curve digital signature algorithm (ECDSA) authentication to ensure enhanced…
https://cryptoinsight.ae/eigenlayer-enhances-eigenda-security-to-combat-sybil-attacks/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $61,028.95 (-1.9%)
Ethereum ~ $3,373.93 (-0.1%)
Solana ~ $135.67 (8.8%)
Polkadot ~ $5.79 (3.0%)
Flow ~ $0.6269 (3.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $61,028.95 (-1.9%)
Ethereum ~ $3,373.93 (-0.1%)
Solana ~ $135.67 (8.8%)
Polkadot ~ $5.79 (3.0%)
Flow ~ $0.6269 (3.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
‘Survival games’ as Bitcoin hash price skirts near all-time low
Bitcoin’s hash price, a crucial metric measuring miner revenue on a per terahash basis, is now near its lowest level ever recorded.
Data from Luxor Technology’s Hashrate Index shows Bitcoin’s hash price fell nearly 52% to $0.0459 per terahash second on June 24 after notching a two-month high of $0.095 on June 8.
It was…
https://cryptoinsight.ae/survival-games-as-bitcoin-hash-price-skirts-near-all-time-low/
Website | Twitter | LinkedIn | Telegram
Bitcoin’s hash price, a crucial metric measuring miner revenue on a per terahash basis, is now near its lowest level ever recorded.
Data from Luxor Technology’s Hashrate Index shows Bitcoin’s hash price fell nearly 52% to $0.0459 per terahash second on June 24 after notching a two-month high of $0.095 on June 8.
It was…
https://cryptoinsight.ae/survival-games-as-bitcoin-hash-price-skirts-near-all-time-low/
Website | Twitter | LinkedIn | Telegram
How multichain indexing boosts blockchain data processing and query performance
What are the key features of blockchain data structure?
Unlike centralized databases, a blockchain is a distributed ledger that records transactions across multiple computers, ensuring that no single entity has control. Since the records are stored in various locations, the data remains safe and accessible even if some network computers fail or are compromised.
Blockchain…
https://cryptoinsight.ae/how-multichain-indexing-boosts-blockchain-data-processing-and-query-performance/
Website | Twitter | LinkedIn | Telegram
What are the key features of blockchain data structure?
Unlike centralized databases, a blockchain is a distributed ledger that records transactions across multiple computers, ensuring that no single entity has control. Since the records are stored in various locations, the data remains safe and accessible even if some network computers fail or are compromised.
Blockchain…
https://cryptoinsight.ae/how-multichain-indexing-boosts-blockchain-data-processing-and-query-performance/
Website | Twitter | LinkedIn | Telegram
Coinbase is the most impersonated crypto brand by scammers: Report
Coinbase cryptocurrency exchange is the most impersonated brand by scammers and malicious actors in the Web3 space, according to a recent survey.
Among all United States crypto firms, the Coinbase brand was most impersonated in phishing attacks. Phishing attacks are online social schemes that aim to trick investors into willingly sending digital assets to the…
https://cryptoinsight.ae/coinbase-is-the-most-impersonated-crypto-brand-by-scammers-report/
Website | Twitter | LinkedIn | Telegram
Coinbase cryptocurrency exchange is the most impersonated brand by scammers and malicious actors in the Web3 space, according to a recent survey.
Among all United States crypto firms, the Coinbase brand was most impersonated in phishing attacks. Phishing attacks are online social schemes that aim to trick investors into willingly sending digital assets to the…
https://cryptoinsight.ae/coinbase-is-the-most-impersonated-crypto-brand-by-scammers-report/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $61,600.77 (1.1%)
Ethereum ~ $3,391.62 (0.7%)
Solana ~ $137.17 (1.2%)
Polkadot ~ $5.83 (0.7%)
Flow ~ $0.632 (0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $61,600.77 (1.1%)
Ethereum ~ $3,391.62 (0.7%)
Solana ~ $137.17 (1.2%)
Polkadot ~ $5.83 (0.7%)
Flow ~ $0.632 (0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ethereum ETF process is ‘going smoothly,’ says SEC’s Gensler
The process of launching the first spot Ether exchange-traded funds (ETFs) in the United States is “going smoothly,” says Securities and Exchange Commission Chair Gary Gensler.
Speaking at a June 25 Bloomberg conference, Gensler remained tight-lipped on when the ETFs could launch and deferred when asked if they could go live before the November U.S.…
https://cryptoinsight.ae/ethereum-etf-process-is-going-smoothly-says-secs-gensler/
Website | Twitter | LinkedIn | Telegram
The process of launching the first spot Ether exchange-traded funds (ETFs) in the United States is “going smoothly,” says Securities and Exchange Commission Chair Gary Gensler.
Speaking at a June 25 Bloomberg conference, Gensler remained tight-lipped on when the ETFs could launch and deferred when asked if they could go live before the November U.S.…
https://cryptoinsight.ae/ethereum-etf-process-is-going-smoothly-says-secs-gensler/
Website | Twitter | LinkedIn | Telegram
Blast airdrop to launch June 26, distributing 17% of supply to early users
Ethereum layer-2 Blast network will launch an airdrop for its early adopters on June 26, according to a June 25 social media post from the team. Seventeen percent of the total supply will be released in the airdrop, 7% of which will go to users who bridged either Ether or US Dollar Blast (USDB) to…
https://cryptoinsight.ae/blast-airdrop-to-launch-june-26-distributing-17-of-supply-to-early-users/
Website | Twitter | LinkedIn | Telegram
Ethereum layer-2 Blast network will launch an airdrop for its early adopters on June 26, according to a June 25 social media post from the team. Seventeen percent of the total supply will be released in the airdrop, 7% of which will go to users who bridged either Ether or US Dollar Blast (USDB) to…
https://cryptoinsight.ae/blast-airdrop-to-launch-june-26-distributing-17-of-supply-to-early-users/
Website | Twitter | LinkedIn | Telegram
Most profitable crypto sectors in first half of 2024 revealed
The most profitable sectors of the cryptocurrency industry in the first half of 2024 have been revealed, with memecoins and newly emerging sectors scooping up the lion’s share of profits.
According to data from BitEye, CoinGecko, and Wu Blockchain, memecoins led the competition by recording a staggering 1,834% returns since the start of 2024.
In…
https://cryptoinsight.ae/most-profitable-crypto-sectors-in-first-half-of-2024-revealed/
Website | Twitter | LinkedIn | Telegram
The most profitable sectors of the cryptocurrency industry in the first half of 2024 have been revealed, with memecoins and newly emerging sectors scooping up the lion’s share of profits.
According to data from BitEye, CoinGecko, and Wu Blockchain, memecoins led the competition by recording a staggering 1,834% returns since the start of 2024.
In…
https://cryptoinsight.ae/most-profitable-crypto-sectors-in-first-half-of-2024-revealed/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.37 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $60,812.19 (-1.2%)
Ethereum ~ $3,366.71 (-0.6%)
Solana ~ $136.10 (-0.5%)
Polkadot ~ $5.71 (-1.5%)
Flow ~ $0.6029 (-4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.37 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $60,812.19 (-1.2%)
Ethereum ~ $3,366.71 (-0.6%)
Solana ~ $136.10 (-0.5%)
Polkadot ~ $5.71 (-1.5%)
Flow ~ $0.6029 (-4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Worldcoin partners with Alchemy to build blockchain infrastructurev
Worldcoin, the iris-scanning biometric digital identity project, and the Web3 development platform Alchemy revealed a new partnership to build out the infrastructure for the World Chain ecosystem.
On June 26, Worldcoin announced that its collaboration with Alchemy will give World Chain developers immediate access to its complete and comprehensive Web3 developer platform.
This includes both…
https://cryptoinsight.ae/worldcoin-partners-with-alchemy-to-build-blockchain-infrastructurev/
Website | Twitter | LinkedIn | Telegram
Worldcoin, the iris-scanning biometric digital identity project, and the Web3 development platform Alchemy revealed a new partnership to build out the infrastructure for the World Chain ecosystem.
On June 26, Worldcoin announced that its collaboration with Alchemy will give World Chain developers immediate access to its complete and comprehensive Web3 developer platform.
This includes both…
https://cryptoinsight.ae/worldcoin-partners-with-alchemy-to-build-blockchain-infrastructurev/
Website | Twitter | LinkedIn | Telegram