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/
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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/
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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%)
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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%)
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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/
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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/
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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/
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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%)
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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%)
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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/
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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/
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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/
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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/
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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%)
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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
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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/
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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/
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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/
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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/
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Aptos launches keyless wallets that use ZK-proofs to verify identities
According to a July 3 announcement, the Aptos blockchain has launched a web-hosted keyless wallet application that uses ZK-proofs to verify users. Called “Aptos Connect,” the new wallet allows users to connect to decentralized applications using a Google login without needing hardware security modules, passkeys, or a multiparty computation network.
According to the announcement, Aptos…
https://cryptoinsight.ae/aptos-launches-keyless-wallets-that-use-zk-proofs-to-verify-identities/
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According to a July 3 announcement, the Aptos blockchain has launched a web-hosted keyless wallet application that uses ZK-proofs to verify users. Called “Aptos Connect,” the new wallet allows users to connect to decentralized applications using a Google login without needing hardware security modules, passkeys, or a multiparty computation network.
According to the announcement, Aptos…
https://cryptoinsight.ae/aptos-launches-keyless-wallets-that-use-zk-proofs-to-verify-identities/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a 3.5% change in the last 24 hours
Bitcoin ~ $56,378.79 (3.4%)
Ethereum ~ $2,973.78 (3.2%)
Solana ~ $134.70 (6.5%)
Polkadot ~ $5.74 (9.0%)
Flow ~ $0.5072 (4.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a 3.5% change in the last 24 hours
Bitcoin ~ $56,378.79 (3.4%)
Ethereum ~ $2,973.78 (3.2%)
Solana ~ $134.70 (6.5%)
Polkadot ~ $5.74 (9.0%)
Flow ~ $0.5072 (4.4%)
Follow and subscribe - @GulfCryptoInsight
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Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst
Most of the Bitcoin being repaid by defunct exchange Mt. Gox will likely be sold, threatening to cause more downside pressure on the price of Bitcoin.
The Mt. Gox repayments could add $8.2 billion worth of additional selling pressure to the Bitcoin price, according to finance analyst Jacob King.
The analyst said that onchain movements…
https://cryptoinsight.ae/up-to-99-of-mt-goxs-8-2b-bitcoin-could-be-sold-analyst/
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Most of the Bitcoin being repaid by defunct exchange Mt. Gox will likely be sold, threatening to cause more downside pressure on the price of Bitcoin.
The Mt. Gox repayments could add $8.2 billion worth of additional selling pressure to the Bitcoin price, according to finance analyst Jacob King.
The analyst said that onchain movements…
https://cryptoinsight.ae/up-to-99-of-mt-goxs-8-2b-bitcoin-could-be-sold-analyst/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a 2.4% change in the last 24 hours
Bitcoin ~ $57,696.73 (2.1%)
Ethereum ~ $3,033.58 (1.5%)
Solana ~ $140.40 (3.4%)
Polkadot ~ $6.24 (7.6%)
Flow ~ $0.5335 (3.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a 2.4% change in the last 24 hours
Bitcoin ~ $57,696.73 (2.1%)
Ethereum ~ $3,033.58 (1.5%)
Solana ~ $140.40 (3.4%)
Polkadot ~ $6.24 (7.6%)
Flow ~ $0.5335 (3.9%)
Follow and subscribe - @GulfCryptoInsight
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Tron is building a gas-free stablecoin solution for Tron, Ethereum chains
Tron founder Justin Sun has revealed his team is building a gasless stablecoin solution to make peer-to-peer transfers free for all.
Sun hopes to integrate the stablecoin solution on the Tron blockchain this fourth quarter, followed by Ethereum and other Ethereum Virtual Machine-compatible public chains soon after.
“Transfers can be made without paying any gas…
https://cryptoinsight.ae/tron-is-building-a-gas-free-stablecoin-solution-for-tron-ethereum-chains/
Website | Twitter | LinkedIn | Telegram
Tron founder Justin Sun has revealed his team is building a gasless stablecoin solution to make peer-to-peer transfers free for all.
Sun hopes to integrate the stablecoin solution on the Tron blockchain this fourth quarter, followed by Ethereum and other Ethereum Virtual Machine-compatible public chains soon after.
“Transfers can be made without paying any gas…
https://cryptoinsight.ae/tron-is-building-a-gas-free-stablecoin-solution-for-tron-ethereum-chains/
Website | Twitter | LinkedIn | Telegram
Bitcoin ATM network shrinks by 334 machines in 40 days
Coinciding with the decline in Bitcoin prices, the global network of active Bitcoin ATMs decreased by 334 machines in less than 40 days.
In June, 107 Bitcoin ATMs went offline, ending the 10-month trajectory of month-on-month increases in net installation. The reduction was further catalyzed in July. Within five days, as of July 5, 227…
https://cryptoinsight.ae/bitcoin-atm-network-shrinks-by-334-machines-in-40-days/
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Coinciding with the decline in Bitcoin prices, the global network of active Bitcoin ATMs decreased by 334 machines in less than 40 days.
In June, 107 Bitcoin ATMs went offline, ending the 10-month trajectory of month-on-month increases in net installation. The reduction was further catalyzed in July. Within five days, as of July 5, 227…
https://cryptoinsight.ae/bitcoin-atm-network-shrinks-by-334-machines-in-40-days/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.15 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $55,592.64 (-3.8%)
Ethereum ~ $2,923.88 (-3.6%)
Solana ~ $133.22 (-5.2%)
Polkadot ~ $5.97 (-4.5%)
Flow ~ $0.5126 (-3.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.15 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $55,592.64 (-3.8%)
Ethereum ~ $2,923.88 (-3.6%)
Solana ~ $133.22 (-5.2%)
Polkadot ~ $5.97 (-4.5%)
Flow ~ $0.5126 (-3.9%)
Follow and subscribe - @GulfCryptoInsight
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Weekend Wrap: Germany moves $80M more BTC, Vitalik donates 100 ETH and more
Germany shifts another 1,400 BTC
The German government has transferred another 1,400 Bitcoin — worth $80 million at current prices — in its latest string of Bitcoin movements.
On July 6, a wallet address associated with the German government transferred 700 BTC to an unknown wallet address. A day later, on July 7, the same…
https://cryptoinsight.ae/weekend-wrap-germany-moves-80m-more-btc-vitalik-donates-100-eth-and-more/
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Germany shifts another 1,400 BTC
The German government has transferred another 1,400 Bitcoin — worth $80 million at current prices — in its latest string of Bitcoin movements.
On July 6, a wallet address associated with the German government transferred 700 BTC to an unknown wallet address. A day later, on July 7, the same…
https://cryptoinsight.ae/weekend-wrap-germany-moves-80m-more-btc-vitalik-donates-100-eth-and-more/
Website | Twitter | LinkedIn | Telegram
Solana has impacted Africa’s crypto market maturity — Exchange exec
Oladotun Wilfred Akangbe, the chief marketing officer of Flincap — a platform for African over-the-counter crypto exchanges — has highlighted the cryptocurrency industry’s remarkable growth and maturity, focusing mainly on Solana’s resilience and community efforts in Africa.
Akangbe told Cointelegraph that the crypto industry is steadily maturing, demonstrating its ability to withstand various challenges that…
https://cryptoinsight.ae/solana-has-impacted-africas-crypto-market-maturity-exchange-exec/
Website | Twitter | LinkedIn | Telegram
Oladotun Wilfred Akangbe, the chief marketing officer of Flincap — a platform for African over-the-counter crypto exchanges — has highlighted the cryptocurrency industry’s remarkable growth and maturity, focusing mainly on Solana’s resilience and community efforts in Africa.
Akangbe told Cointelegraph that the crypto industry is steadily maturing, demonstrating its ability to withstand various challenges that…
https://cryptoinsight.ae/solana-has-impacted-africas-crypto-market-maturity-exchange-exec/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.23 Trillion, a 4.2% change in the last 24 hours
Bitcoin ~ $57,618.80 (3.5%)
Ethereum ~ $3,084.54 (5.3%)
Solana ~ $142.74 (7.1%)
Polkadot ~ $6.04 (1.0%)
Flow ~ $0.5352 (4.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.23 Trillion, a 4.2% change in the last 24 hours
Bitcoin ~ $57,618.80 (3.5%)
Ethereum ~ $3,084.54 (5.3%)
Solana ~ $142.74 (7.1%)
Polkadot ~ $6.04 (1.0%)
Flow ~ $0.5352 (4.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram