Hello there!
Day started from:
The global cryptocurrency market cap today is $2.36 Trillion, a -0.3% change in the last 24 hours
Bitcoin ~ $60,740.05 (0.1%)
Ethereum ~ $3,361.32 (-0.6%)
Solana ~ $137.81 (-2.1%)
Polkadot ~ $6.08 (-1.9%)
Flow ~ $0.6028 (-2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.36 Trillion, a -0.3% change in the last 24 hours
Bitcoin ~ $60,740.05 (0.1%)
Ethereum ~ $3,361.32 (-0.6%)
Solana ~ $137.81 (-2.1%)
Polkadot ~ $6.08 (-1.9%)
Flow ~ $0.6028 (-2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Spot Ethereum ETF launch delayed by SEC comments
The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken additional time to return the S-1 forms submitted by prospective…
https://cryptoinsight.ae/spot-ethereum-etf-launch-delayed-by-sec-comments/
Website | Twitter | LinkedIn | Telegram
The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken additional time to return the S-1 forms submitted by prospective…
https://cryptoinsight.ae/spot-ethereum-etf-launch-delayed-by-sec-comments/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’
Ethereum’s outspoken co-founder, Vitalik Buterin, recently expressed his frustration over the current state of cryptocurrency regulation and offered up a surefire solution to the problem.
Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described a situation where current regulatory efforts have essentially painted good-faith cryptocurrency developers into…
https://cryptoinsight.ae/vitalik-buterin-says-crypto-regulations-have-created-anarcho-tyranny/
Website | Twitter | LinkedIn | Telegram
Ethereum’s outspoken co-founder, Vitalik Buterin, recently expressed his frustration over the current state of cryptocurrency regulation and offered up a surefire solution to the problem.
Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described a situation where current regulatory efforts have essentially painted good-faith cryptocurrency developers into…
https://cryptoinsight.ae/vitalik-buterin-says-crypto-regulations-have-created-anarcho-tyranny/
Website | Twitter | LinkedIn | Telegram
Meme coins have an important role to play in crypto
Meme coins are often seen as jokes, destined to just fade away. But what if they are crucial to crypto? Traditional finance laughs, but meme coin investors might be pioneering new financial strategies. Success stories abound — $1,000 in Dogecoin (DOGE) turning into $2 million, Shiba Inu transforming tiny investments into life-changing sums. Are these…
https://cryptoinsight.ae/meme-coins-have-an-important-role-to-play-in-crypto/
Website | Twitter | LinkedIn | Telegram
Meme coins are often seen as jokes, destined to just fade away. But what if they are crucial to crypto? Traditional finance laughs, but meme coin investors might be pioneering new financial strategies. Success stories abound — $1,000 in Dogecoin (DOGE) turning into $2 million, Shiba Inu transforming tiny investments into life-changing sums. Are these…
https://cryptoinsight.ae/meme-coins-have-an-important-role-to-play-in-crypto/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.46 Trillion, a 4.0% change in the last 24 hours
Bitcoin ~ $63,279.73 (4.2%)
Ethereum ~ $3,483.66 (3.6%)
Solana ~ $147.22 (6.8%)
Polkadot ~ $6.30 (3.6%)
Flow ~ $0.6287 (4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.46 Trillion, a 4.0% change in the last 24 hours
Bitcoin ~ $63,279.73 (4.2%)
Ethereum ~ $3,483.66 (3.6%)
Solana ~ $147.22 (6.8%)
Polkadot ~ $6.30 (3.6%)
Flow ~ $0.6287 (4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2
A recent flood of celebrity, political, and animal-themed memecoins, along with a crypto market downturn, may have contributed to a 44% fall in the sale of non-fungible tokens (NFTs) in Q2, according Apollo Crypto’s investment chief.
Data from CryptoSlam shows NFT sales fell from $4.14 billion in Q1 to $2.32 billion in Q2 as part…
https://cryptoinsight.ae/nft-sales-fell-44-as-crypto-dipped-memecoins-steal-mind-share-in-q2/
Website | Twitter | LinkedIn | Telegram
A recent flood of celebrity, political, and animal-themed memecoins, along with a crypto market downturn, may have contributed to a 44% fall in the sale of non-fungible tokens (NFTs) in Q2, according Apollo Crypto’s investment chief.
Data from CryptoSlam shows NFT sales fell from $4.14 billion in Q1 to $2.32 billion in Q2 as part…
https://cryptoinsight.ae/nft-sales-fell-44-as-crypto-dipped-memecoins-steal-mind-share-in-q2/
Website | Twitter | LinkedIn | Telegram
Roaring Kitty faces securities fraud claims in ‘doomed’ GME lawsuit
Keith Gill, a stock trader known for the 2021 GameStop short-squeeze, is facing securities fraud claims in a class-action lawsuit over a recent spate of social media posts that saw the price of GameStop (GME) stocks whipsaw violently between May and June.
However a former federal prosecutor believes the lawsuit is likely “doomed” to fail.…
https://cryptoinsight.ae/roaring-kitty-faces-securities-fraud-claims-in-doomed-gme-lawsuit/
Website | Twitter | LinkedIn | Telegram
Keith Gill, a stock trader known for the 2021 GameStop short-squeeze, is facing securities fraud claims in a class-action lawsuit over a recent spate of social media posts that saw the price of GameStop (GME) stocks whipsaw violently between May and June.
However a former federal prosecutor believes the lawsuit is likely “doomed” to fail.…
https://cryptoinsight.ae/roaring-kitty-faces-securities-fraud-claims-in-doomed-gme-lawsuit/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.44 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $62,851.36 (-0.6%)
Ethereum ~ $3,451.09 (-0.8%)
Solana ~ $148.48 (1.0%)
Polkadot ~ $6.48 (3.0%)
Flow ~ $0.6222 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.44 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $62,851.36 (-0.6%)
Ethereum ~ $3,451.09 (-0.8%)
Solana ~ $148.48 (1.0%)
Polkadot ~ $6.48 (3.0%)
Flow ~ $0.6222 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Aptos seeks Aave community support for non-EVM integration
The Aptos Foundation has introduced a governance proposal that could broaden its blockchain capabilities.
According to a July 1 temperature check proposal, the foundation wants the Aave community’s input on introducing Aave Protocol v3 onto the Aptos mainnet. If the proposal moves forward and is approved, the deployment would mark the first time Aave’s open-source…
https://cryptoinsight.ae/aptos-seeks-aave-community-support-for-non-evm-integration/
Website | Twitter | LinkedIn | Telegram
The Aptos Foundation has introduced a governance proposal that could broaden its blockchain capabilities.
According to a July 1 temperature check proposal, the foundation wants the Aave community’s input on introducing Aave Protocol v3 onto the Aptos mainnet. If the proposal moves forward and is approved, the deployment would mark the first time Aave’s open-source…
https://cryptoinsight.ae/aptos-seeks-aave-community-support-for-non-evm-integration/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin proposes faster Ethereum trades with single-slot finality
Ethereum co-founder Vitalik Buterin is looking to speed up transactions on the Ethereum network by using tools that would potentially cut layer-1 (L1) confirmations from a few seconds to milliseconds.
Buterin published a blog post on June 30 titled “Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times.”…
https://cryptoinsight.ae/vitalik-buterin-proposes-faster-ethereum-trades-with-single-slot-finality/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Vitalik Buterin is looking to speed up transactions on the Ethereum network by using tools that would potentially cut layer-1 (L1) confirmations from a few seconds to milliseconds.
Buterin published a blog post on June 30 titled “Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times.”…
https://cryptoinsight.ae/vitalik-buterin-proposes-faster-ethereum-trades-with-single-slot-finality/
Website | Twitter | LinkedIn | Telegram
Crypto ‘relief rally’ may be just beginning with sellers exhausted
The crypto markets could be set for a “relief rally” after a market rollercoaster in June, with some analysts suggesting selling pressure on exchanges has tapered off.
“Looking at July’s outlook, there is major reason to be optimistic after so much small trader capitulation,” crypto intelligence platform Santiment posted to X on July 2.
It…
https://cryptoinsight.ae/crypto-relief-rally-may-be-just-beginning-with-sellers-exhausted/
Website | Twitter | LinkedIn | Telegram
The crypto markets could be set for a “relief rally” after a market rollercoaster in June, with some analysts suggesting selling pressure on exchanges has tapered off.
“Looking at July’s outlook, there is major reason to be optimistic after so much small trader capitulation,” crypto intelligence platform Santiment posted to X on July 2.
It…
https://cryptoinsight.ae/crypto-relief-rally-may-be-just-beginning-with-sellers-exhausted/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.37 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $60,882.80 (-3.2%)
Ethereum ~ $3,357.30 (-2.8%)
Solana ~ $148.24 (-0.4%)
Polkadot ~ $6.33 (-2.3%)
Flow ~ $0.6102 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.37 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $60,882.80 (-3.2%)
Ethereum ~ $3,357.30 (-2.8%)
Solana ~ $148.24 (-0.4%)
Polkadot ~ $6.33 (-2.3%)
Flow ~ $0.6102 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ethereum ETFs in ‘window dressing’ stage, approval in weeks — Galaxy
Galaxy Digital’s head of asset management believes spot Ether exchange-traded funds will be approved in “weeks” rather than days but agrees the decision will come sometime in July.
“Look, we’ve done this before. This is methodical, this is window dressing, the SEC is engaged,” said Steve Kurz in an interview with Bloomberg TV on July…
https://cryptoinsight.ae/ethereum-etfs-in-window-dressing-stage-approval-in-weeks-galaxy/
Website | Twitter | LinkedIn | Telegram
Galaxy Digital’s head of asset management believes spot Ether exchange-traded funds will be approved in “weeks” rather than days but agrees the decision will come sometime in July.
“Look, we’ve done this before. This is methodical, this is window dressing, the SEC is engaged,” said Steve Kurz in an interview with Bloomberg TV on July…
https://cryptoinsight.ae/ethereum-etfs-in-window-dressing-stage-approval-in-weeks-galaxy/
Website | Twitter | LinkedIn | Telegram
TON blockchain integration enhances digital asset security
Cobo, a digital asset custody and wallet provider, has announced that it will support The Open Network (TON).
This integration brings Cobo’s comprehensive custody solutions to the TON blockchain, including custodial wallets and multiparty computation wallet tech.
Through the collaboration, Cobo will integrate TON’s native Toncoin (TON) token, Notcoin (NOT) and stablecoins such as Tether.…
https://cryptoinsight.ae/ton-blockchain-integration-enhances-digital-asset-security/
Website | Twitter | LinkedIn | Telegram
Cobo, a digital asset custody and wallet provider, has announced that it will support The Open Network (TON).
This integration brings Cobo’s comprehensive custody solutions to the TON blockchain, including custodial wallets and multiparty computation wallet tech.
Through the collaboration, Cobo will integrate TON’s native Toncoin (TON) token, Notcoin (NOT) and stablecoins such as Tether.…
https://cryptoinsight.ae/ton-blockchain-integration-enhances-digital-asset-security/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.28 Trillion, a -4.0% change in the last 24 hours
Bitcoin ~ $58,744.25 (-3.7%)
Ethereum ~ $3,210.62 (-4.6%)
Solana ~ $134.75 (-9.3%)
Polkadot ~ $5.92 (-6.6%)
Flow ~ $0.5789 (-5.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.28 Trillion, a -4.0% change in the last 24 hours
Bitcoin ~ $58,744.25 (-3.7%)
Ethereum ~ $3,210.62 (-4.6%)
Solana ~ $134.75 (-9.3%)
Polkadot ~ $5.92 (-6.6%)
Flow ~ $0.5789 (-5.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin falls below $58K on Coinbase, first time in 2 months
The price of Bitcoin briefly dipped as low as $57,874 on Coinbase on July 4, the first time the asset has fallen below the $58,000 mark in more than two months.
Bitcoin has since leveled out to trade for $58,964 at the time of publication but is still down 3.4% on the week, per TradingView…
https://cryptoinsight.ae/bitcoin-falls-below-58k-on-coinbase-first-time-in-2-months/
Website | Twitter | LinkedIn | Telegram
The price of Bitcoin briefly dipped as low as $57,874 on Coinbase on July 4, the first time the asset has fallen below the $58,000 mark in more than two months.
Bitcoin has since leveled out to trade for $58,964 at the time of publication but is still down 3.4% on the week, per TradingView…
https://cryptoinsight.ae/bitcoin-falls-below-58k-on-coinbase-first-time-in-2-months/
Website | Twitter | LinkedIn | Telegram
Coinbase cites Binance BNB token precedent in SEC petition
Coinbase is building on the momentum from Judge Amy Berman Jackson’s ruling in the United States Securities and Exchange Commission v. Binance case. The exchange cited her precedent-reinforcing decision that secondary sales of Binance’s BNB token do not constitute securities sales under the criteria listed in the Howey test.
In a letter, attorneys relayed Coinbase’s…
https://cryptoinsight.ae/coinbase-cites-binance-bnb-token-precedent-in-sec-petition/
Website | Twitter | LinkedIn | Telegram
Coinbase is building on the momentum from Judge Amy Berman Jackson’s ruling in the United States Securities and Exchange Commission v. Binance case. The exchange cited her precedent-reinforcing decision that secondary sales of Binance’s BNB token do not constitute securities sales under the criteria listed in the Howey test.
In a letter, attorneys relayed Coinbase’s…
https://cryptoinsight.ae/coinbase-cites-binance-bnb-token-precedent-in-sec-petition/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.1 Trillion, a -8.3% change in the last 24 hours
Bitcoin ~ $54,619.31 (-7.2%)
Ethereum ~ $2,891.93 (-10.2%)
Solana ~ $127.21 (-6.4%)
Polkadot ~ $5.28 (-10.9%)
Flow ~ $0.4889 (-16.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.1 Trillion, a -8.3% change in the last 24 hours
Bitcoin ~ $54,619.31 (-7.2%)
Ethereum ~ $2,891.93 (-10.2%)
Solana ~ $127.21 (-6.4%)
Polkadot ~ $5.28 (-10.9%)
Flow ~ $0.4889 (-16.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin crashes to $53K, but analysts warn the worst isn’t over
The price of Bitcoin crashed as low as $53,600 on Coinbase on July 5, the first time the asset has traded at this price since February this year, and analysts fear the worst is still yet to come.
Bitcoin has since leveled out to trade at $54,122 at the time of publication, according to TradingView…
https://cryptoinsight.ae/bitcoin-crashes-to-53k-but-analysts-warn-the-worst-isnt-over/
Website | Twitter | LinkedIn | Telegram
The price of Bitcoin crashed as low as $53,600 on Coinbase on July 5, the first time the asset has traded at this price since February this year, and analysts fear the worst is still yet to come.
Bitcoin has since leveled out to trade at $54,122 at the time of publication, according to TradingView…
https://cryptoinsight.ae/bitcoin-crashes-to-53k-but-analysts-warn-the-worst-isnt-over/
Website | Twitter | LinkedIn | Telegram
Web3 users reached an all-time high of 10M in Q2: DappRadar
According to a July 4 report from blockchain analytics platform DappRadar, the number of users using Web3 applications reached a record high in the second quarter. The number of daily unique active wallets (dUAW) was approximately 10 million over the quarter, a 40% increase from the first quarter and the highest number ever reached.
According…
https://cryptoinsight.ae/web3-users-reached-an-all-time-high-of-10m-in-q2-dappradar/
Website | Twitter | LinkedIn | Telegram
According to a July 4 report from blockchain analytics platform DappRadar, the number of users using Web3 applications reached a record high in the second quarter. The number of daily unique active wallets (dUAW) was approximately 10 million over the quarter, a 40% increase from the first quarter and the highest number ever reached.
According…
https://cryptoinsight.ae/web3-users-reached-an-all-time-high-of-10m-in-q2-dappradar/
Website | Twitter | LinkedIn | Telegram