Gulf Crypto Insight
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The first and only blockchain and cryptocurrency focused news portal in the Middle East.
https://cryptoinsight.ae/

The Content is for informational purposes only, you should not consider any such information or other material as financial or other advice
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The global cryptocurrency market cap today is $3.29 Trillion, a -2.0% change in the last 24 hours

Bitcoin ~ $96,977.93 (0.2%)
Ethereum ~ $2,633.44 (-0.7%)
Solana ~ $202.29 (-1.1%)
Polkadot ~ $4.79 (1.1%)
Flow ~ $0.4998 (-0.9%)

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Bitcoin stumbles as Trump announces 25% steel and aluminum tariffs

Crypto markets stumbled as US President Donald Trump announced tariffs on aluminum and steel — the latest salvo in an escalating US trade war.

Trump said that any “steel coming into the United States” and aluminum will be hit with a 25% tariff, according to a Feb. 9 report by the Associated Press.

He also…

https://cryptoinsight.ae/bitcoin-stumbles-as-trump-announces-25-steel-and-aluminum-tariffs/

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Current chain abstraction methods are fragmenting crypto — Web3 exec

Anurag Arjun, co-founder of Avail — a unified chain abstraction solution — and the Polygon layer-2 scaling solution, told Cointelegraph that most current chain abstraction techniques create even more fragmentation of the crypto ecosystem.

The tech founder said that each distinct blockchain base layer features its own set of security assumptions, making interoperability between chains…

https://cryptoinsight.ae/current-chain-abstraction-methods-are-fragmenting-crypto-web3-exec/

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What is Tether (USDt), and how does it work?

What is Tether (USDt)?
Tether’s USDt is a stablecoin, a type of cryptocurrency whose value is pegged to a real-world asset.

Unlike many cryptocurrencies known for their price swings, Tether’s USDt is designed to maintain a consistent price tied to the US dollar. This price stability makes Tether an appealing option for investors who want…

https://cryptoinsight.ae/what-is-tether-usdt-and-how-does-it-work/

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