7 confusing crypto terms (almost) nobody understands
Getting to grips with cryptocurrency isn’t easy. Even after you’ve got your head around Bitcoin and Ethereum and the difference between proof-of-work and proof-of-stake, there’s still a whole new world of terminology to learn and understand.
But even among fairly hardened cryptonians, there are still terms that are difficult to understand. Here are the seven…
https://cryptoinsight.ae/7-confusing-crypto-terms-almost-nobody-understands/
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Getting to grips with cryptocurrency isn’t easy. Even after you’ve got your head around Bitcoin and Ethereum and the difference between proof-of-work and proof-of-stake, there’s still a whole new world of terminology to learn and understand.
But even among fairly hardened cryptonians, there are still terms that are difficult to understand. Here are the seven…
https://cryptoinsight.ae/7-confusing-crypto-terms-almost-nobody-understands/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a -2.2% change in the last 24 hours
Bitcoin ~ $64,608.59 (-1.5%)
Ethereum ~ $2,639.47 (-0.8%)
Solana ~ $157.25 (0.9%)
Polkadot ~ $4.70 (-1.3%)
Flow ~ $0.6107 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a -2.2% change in the last 24 hours
Bitcoin ~ $64,608.59 (-1.5%)
Ethereum ~ $2,639.47 (-0.8%)
Solana ~ $157.25 (0.9%)
Polkadot ~ $4.70 (-1.3%)
Flow ~ $0.6107 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
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Vitalik Buterin proposes metrics to measure ‘Ethereum alignment’
Ethereum co-founder Vitalik Buterin has proposed putting together a set of metrics to measure how “aligned” projects are with Ethereum’s values.
In his latest blog post on Sept. 28, Buterin said achieving “Ethereum alignment” remains one of the most important social challenges in the Ethereum ecosystem.
But he acknowledged it’s a tough task given the…
https://cryptoinsight.ae/vitalik-buterin-proposes-metrics-to-measure-ethereum-alignment/
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Ethereum co-founder Vitalik Buterin has proposed putting together a set of metrics to measure how “aligned” projects are with Ethereum’s values.
In his latest blog post on Sept. 28, Buterin said achieving “Ethereum alignment” remains one of the most important social challenges in the Ethereum ecosystem.
But he acknowledged it’s a tough task given the…
https://cryptoinsight.ae/vitalik-buterin-proposes-metrics-to-measure-ethereum-alignment/
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CryptoQuant CEO calls for ‘smart regulation,’ community voices doubts
Ki Young Ju, the CEO of CryptoQuant, has called for regulation as a key factor in the long-term development of Web3 and cryptocurrency.
In a Sept. 29 X post, Ju argued that crypto and Web3 could “thrive responsibly” with the regulatory framework necessary to mitigate scams and build trust.
Ju’s comments sparked debate among the…
https://cryptoinsight.ae/cryptoquant-ceo-calls-for-smart-regulation-community-voices-doubts/
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Ki Young Ju, the CEO of CryptoQuant, has called for regulation as a key factor in the long-term development of Web3 and cryptocurrency.
In a Sept. 29 X post, Ju argued that crypto and Web3 could “thrive responsibly” with the regulatory framework necessary to mitigate scams and build trust.
Ju’s comments sparked debate among the…
https://cryptoinsight.ae/cryptoquant-ceo-calls-for-smart-regulation-community-voices-doubts/
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Bitcoin ATH bull run unlikely if social sentiment runs too hot — Santiment
Bitcoin may not post a new all-time high any time soon as crypto market sentiment is at its highest level in months, according to Santment.
On Sept. 30, onchain analytics platform Santiment said those anticipating a new Bitcoin all-time high may need to wait until the crowd “slows down their own expectations.”
It looked into…
https://cryptoinsight.ae/bitcoin-ath-bull-run-unlikely-if-social-sentiment-runs-too-hot-santiment/
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Bitcoin may not post a new all-time high any time soon as crypto market sentiment is at its highest level in months, according to Santment.
On Sept. 30, onchain analytics platform Santiment said those anticipating a new Bitcoin all-time high may need to wait until the crowd “slows down their own expectations.”
It looked into…
https://cryptoinsight.ae/bitcoin-ath-bull-run-unlikely-if-social-sentiment-runs-too-hot-santiment/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.36 Trillion, a -1.8% change in the last 24 hours
Bitcoin ~ $63,910.40 (-1.0%)
Ethereum ~ $2,642.92 (0.2%)
Solana ~ $155.82 (-0.9%)
Polkadot ~ $4.54 (-3.5%)
Flow ~ $0.592 (-3.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.36 Trillion, a -1.8% change in the last 24 hours
Bitcoin ~ $63,910.40 (-1.0%)
Ethereum ~ $2,642.92 (0.2%)
Solana ~ $155.82 (-0.9%)
Polkadot ~ $4.54 (-3.5%)
Flow ~ $0.592 (-3.0%)
Follow and subscribe - @GulfCryptoInsight
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Restaking is growing like crazy… but it could crash and burn
Risk management is rarely included in the crypto entrepreneur’s starter pack. Especially when the markets are booming and crypto entrepreneurs are on a crusade to acquire users and TVL, they tend to prioritize innovative tech and aggressive marketing over sustainability.
But it’s a company’s attitude to risk that dictates whether it’ll thrive after the bull…
https://cryptoinsight.ae/restaking-is-growing-like-crazy-but-it-could-crash-and-burn/
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Risk management is rarely included in the crypto entrepreneur’s starter pack. Especially when the markets are booming and crypto entrepreneurs are on a crusade to acquire users and TVL, they tend to prioritize innovative tech and aggressive marketing over sustainability.
But it’s a company’s attitude to risk that dictates whether it’ll thrive after the bull…
https://cryptoinsight.ae/restaking-is-growing-like-crazy-but-it-could-crash-and-burn/
Website | Twitter | LinkedIn | Telegram
Ethereum gas fees rose 498% in two weeks as network activity surged — Report
Ethereum network transaction fees have risen significantly over the last two weeks following a surge in onchain activity, according to Coinbase.
Coinbase’s weekly report, published on Sept. 27, notes that the average Ethereum gas fees between Sept. 16 and Sept. 26 were 498% higher than the monthly average, with the median transaction cost rising from…
https://cryptoinsight.ae/ethereum-gas-fees-rose-498-in-two-weeks-as-network-activity-surged-report/
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Ethereum network transaction fees have risen significantly over the last two weeks following a surge in onchain activity, according to Coinbase.
Coinbase’s weekly report, published on Sept. 27, notes that the average Ethereum gas fees between Sept. 16 and Sept. 26 were 498% higher than the monthly average, with the median transaction cost rising from…
https://cryptoinsight.ae/ethereum-gas-fees-rose-498-in-two-weeks-as-network-activity-surged-report/
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What happens to lost Bitcoin?
Understanding Bitcoin loss
Bitcoin losses — such as the well-known case of James Howells losing access to 7,500 Bitcoin — occur when private keys become inaccessible, effectively removing Bitcoin from circulation.
When you think about “losing your Bitcoin,” you probably recall the image of James Howells, a British IT worker, rummaging through a landfill in…
https://cryptoinsight.ae/what-happens-to-lost-bitcoin/
Website | Twitter | LinkedIn | Telegram
Understanding Bitcoin loss
Bitcoin losses — such as the well-known case of James Howells losing access to 7,500 Bitcoin — occur when private keys become inaccessible, effectively removing Bitcoin from circulation.
When you think about “losing your Bitcoin,” you probably recall the image of James Howells, a British IT worker, rummaging through a landfill in…
https://cryptoinsight.ae/what-happens-to-lost-bitcoin/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a -5.4% change in the last 24 hours
Bitcoin ~ $61,507.57 (-3.8%)
Ethereum ~ $2,474.43 (-6.4%)
Solana ~ $147.04 (-5.8%)
Polkadot ~ $4.20 (-7.6%)
Flow ~ $0.5457 (-7.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a -5.4% change in the last 24 hours
Bitcoin ~ $61,507.57 (-3.8%)
Ethereum ~ $2,474.43 (-6.4%)
Solana ~ $147.04 (-5.8%)
Polkadot ~ $4.20 (-7.6%)
Flow ~ $0.5457 (-7.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
EigenLayer’s EIGEN cracks top 100 market rank in trading debut
EigenLayer’s native token, EIGEN, cracked the top 100 tokens by market capitalization after commencing trading on Oct. 1, according to CoinMarketCap.
The token unlocked at 5:00 am UTC and has been trading between $3.50 and $4.50 per token on Binance.
According to Binance, it’s currently trading at around $3.85, implying a fully diluted value of…
https://cryptoinsight.ae/eigenlayers-eigen-cracks-top-100-market-rank-in-trading-debut/
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EigenLayer’s native token, EIGEN, cracked the top 100 tokens by market capitalization after commencing trading on Oct. 1, according to CoinMarketCap.
The token unlocked at 5:00 am UTC and has been trading between $3.50 and $4.50 per token on Binance.
According to Binance, it’s currently trading at around $3.85, implying a fully diluted value of…
https://cryptoinsight.ae/eigenlayers-eigen-cracks-top-100-market-rank-in-trading-debut/
Website | Twitter | LinkedIn | Telegram
DeFi resurgence driven by Fed cuts, China, key protocols
Apollo Crypto, an investment management firm specializing in digital assets, released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi).
A market slowdown followed the peak of “DeFi Summer” in 2020, the report noted, though protocols like Maker, Uniswap and Aave have emerged as industry staples.
“As of today…
https://cryptoinsight.ae/defi-resurgence-driven-by-fed-cuts-china-key-protocols/
Website | Twitter | LinkedIn | Telegram
Apollo Crypto, an investment management firm specializing in digital assets, released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi).
A market slowdown followed the peak of “DeFi Summer” in 2020, the report noted, though protocols like Maker, Uniswap and Aave have emerged as industry staples.
“As of today…
https://cryptoinsight.ae/defi-resurgence-driven-by-fed-cuts-china-key-protocols/
Website | Twitter | LinkedIn | Telegram
Decentralized physical infrastructure network (DePIN), explained
What is a DePIN?
DePINs are the bridge between the physical and digital worlds. They use blockchains and provide token rewards for publicly recorded services.
Imagine a decentralized physical infrastructure network (DePIN) technology, a public library where everyone can contribute or borrow books freely. In this library, blockchain is a detailed catalog of books with…
https://cryptoinsight.ae/decentralized-physical-infrastructure-network-depin-explained/
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What is a DePIN?
DePINs are the bridge between the physical and digital worlds. They use blockchains and provide token rewards for publicly recorded services.
Imagine a decentralized physical infrastructure network (DePIN) technology, a public library where everyone can contribute or borrow books freely. In this library, blockchain is a detailed catalog of books with…
https://cryptoinsight.ae/decentralized-physical-infrastructure-network-depin-explained/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.23 Trillion, a -2.6% change in the last 24 hours
Bitcoin ~ $61,276.75 (-0.4%)
Ethereum ~ $2,388.56 (-3.6%)
Solana ~ $141.80 (-3.6%)
Polkadot ~ $4.13 (-1.9%)
Flow ~ $0.5318 (-2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.23 Trillion, a -2.6% change in the last 24 hours
Bitcoin ~ $61,276.75 (-0.4%)
Ethereum ~ $2,388.56 (-3.6%)
Solana ~ $141.80 (-3.6%)
Polkadot ~ $4.13 (-1.9%)
Flow ~ $0.5318 (-2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Fidelity Ethereum ETF records largest daily outflows since launch
Investment outflows from the Fidelity Ethereum Fund (FETH) exceeded $25 million on Oct. 1, marking a new all-time high in daily outflows among all other United States-based spot Ether exchange-traded funds (ETFs), excluding the Grayscale Ethereum Trust (ETHE).
On Oct. 1, the spot Ether ETFs saw cumulative outflows of $48.6 million across nine issuers. FETH,…
https://cryptoinsight.ae/fidelity-ethereum-etf-records-largest-daily-outflows-since-launch/
Website | Twitter | LinkedIn | Telegram
Investment outflows from the Fidelity Ethereum Fund (FETH) exceeded $25 million on Oct. 1, marking a new all-time high in daily outflows among all other United States-based spot Ether exchange-traded funds (ETFs), excluding the Grayscale Ethereum Trust (ETHE).
On Oct. 1, the spot Ether ETFs saw cumulative outflows of $48.6 million across nine issuers. FETH,…
https://cryptoinsight.ae/fidelity-ethereum-etf-records-largest-daily-outflows-since-launch/
Website | Twitter | LinkedIn | Telegram
DePIN is the new ‘obsession’ in the investment market — Here’s why
U2U Network, a modular layer-1 platform, leverages DAG and subnet technology to enhance DePIN applications, gaining significant backing from venture capital firms.
The appeal of decentralized physical infrastructure networks (DePIN) lies in their ability to decentralize the sharing of physical assets, removing intermediaries like Uber and Airbnb. Through blockchain and Web3 technologies, DePIN enables peer-to-peer…
https://cryptoinsight.ae/depin-is-the-new-obsession-in-the-investment-market-heres-why/
Website | Twitter | LinkedIn | Telegram
U2U Network, a modular layer-1 platform, leverages DAG and subnet technology to enhance DePIN applications, gaining significant backing from venture capital firms.
The appeal of decentralized physical infrastructure networks (DePIN) lies in their ability to decentralize the sharing of physical assets, removing intermediaries like Uber and Airbnb. Through blockchain and Web3 technologies, DePIN enables peer-to-peer…
https://cryptoinsight.ae/depin-is-the-new-obsession-in-the-investment-market-heres-why/
Website | Twitter | LinkedIn | Telegram
LayerZero Labs, Eigen Labs raise the stakes on cross-chain transactions
The team behind Ethereum re-staking protocol EigenLayer and cross-chain messaging protocol LayerZero have introduced a new system to make cross-chain communication more secure.
In a blog post on Oct. 2, LayerZero Labs announced the partnership with Eigen Labs and introduced a framework for “CryptoEconomic Decentralized Verifier Networks” (DVNs).
The system combines technical verification with financial…
https://cryptoinsight.ae/layerzero-labs-eigen-labs-raise-the-stakes-on-cross-chain-transactions/
Website | Twitter | LinkedIn | Telegram
The team behind Ethereum re-staking protocol EigenLayer and cross-chain messaging protocol LayerZero have introduced a new system to make cross-chain communication more secure.
In a blog post on Oct. 2, LayerZero Labs announced the partnership with Eigen Labs and introduced a framework for “CryptoEconomic Decentralized Verifier Networks” (DVNs).
The system combines technical verification with financial…
https://cryptoinsight.ae/layerzero-labs-eigen-labs-raise-the-stakes-on-cross-chain-transactions/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -1.4% change in the last 24 hours
Bitcoin ~ $61,196.10 (-0.1%)
Ethereum ~ $2,381.36 (-0.3%)
Solana ~ $139.20 (-1.8%)
Polkadot ~ $4.16 (1.0%)
Flow ~ $0.5357 (0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -1.4% change in the last 24 hours
Bitcoin ~ $61,196.10 (-0.1%)
Ethereum ~ $2,381.36 (-0.3%)
Solana ~ $139.20 (-1.8%)
Polkadot ~ $4.16 (1.0%)
Flow ~ $0.5357 (0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Visa unveils platform for tokenized digital asset management
Visa introduced its new Visa Tokenized Asset Platform (VTAP), designed to enable digital asset issuance and management.
On Oct. 3, the financial services giant revealed its VTAP, which it said is built to support a wide range of tokenized assets, including stablecoins and central bank digital currencies (CBDCs).
According to Visa, the VTAP is currently…
https://cryptoinsight.ae/visa-unveils-platform-for-tokenized-digital-asset-management/
Website | Twitter | LinkedIn | Telegram
Visa introduced its new Visa Tokenized Asset Platform (VTAP), designed to enable digital asset issuance and management.
On Oct. 3, the financial services giant revealed its VTAP, which it said is built to support a wide range of tokenized assets, including stablecoins and central bank digital currencies (CBDCs).
According to Visa, the VTAP is currently…
https://cryptoinsight.ae/visa-unveils-platform-for-tokenized-digital-asset-management/
Website | Twitter | LinkedIn | Telegram
Grayscale launches Aave investment fund
Asset manager Grayscale Investments launched a new investment fund for Aave’s governance token, AAVE, according to an Oct. 3 announcement.
The Grayscale Aave Trust “offers investors the opportunity to gain exposure to AAVE, the governance token for Aave’s platform,” Grayscale said.
The fund, which is only available to qualified investors, adds to Grayscale’s suite of…
https://cryptoinsight.ae/grayscale-launches-aave-investment-fund/
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Asset manager Grayscale Investments launched a new investment fund for Aave’s governance token, AAVE, according to an Oct. 3 announcement.
The Grayscale Aave Trust “offers investors the opportunity to gain exposure to AAVE, the governance token for Aave’s platform,” Grayscale said.
The fund, which is only available to qualified investors, adds to Grayscale’s suite of…
https://cryptoinsight.ae/grayscale-launches-aave-investment-fund/
Website | Twitter | LinkedIn | Telegram