Hello there!
Day started from:
The global cryptocurrency market cap today is $1.3 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $30,336.08 (0.0%)
Ethereum ~ $1,802.40 (0.4%)
Solana ~ $39.15 (0.2%)
Polkadot ~ $9.10 (0.4%)
Flow ~ $2.41 (0.1%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.3 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $30,336.08 (0.0%)
Ethereum ~ $1,802.40 (0.4%)
Solana ~ $39.15 (0.2%)
Polkadot ~ $9.10 (0.4%)
Flow ~ $2.41 (0.1%)
Follow and subscribe - @GulfCryptoInsight
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Can crypto bots be entrusted with your money?
Many newbie crypto buyers are looking for a trading bot to help navigate volatile markets. Can these software programs be entrusted with your money? — studied Justin Varghese, Your Money Editor on Gulf News.
Bots are nothing but automated computer programs designed to run specific tasks with minimal human intervention or interaction. But how safe…
https://cryptoinsight.ae/can-crypto-bots-be-entrusted-with-your-money/
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Many newbie crypto buyers are looking for a trading bot to help navigate volatile markets. Can these software programs be entrusted with your money? — studied Justin Varghese, Your Money Editor on Gulf News.
Bots are nothing but automated computer programs designed to run specific tasks with minimal human intervention or interaction. But how safe…
https://cryptoinsight.ae/can-crypto-bots-be-entrusted-with-your-money/
Website | Twitter | LinkedIn | Telegram
Investors lost over $1 billion in crypto scams last year, FTC says
In a report released Friday, the Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that the investors had lost over $1 billion in crypto-related scams, which have been growing due to a lack of regulations and proper education on digital assets. Bitcoin, Tether, and Ether become the top cryptos involved in…
https://cryptoinsight.ae/investors-lost-over-1-billion-in-crypto-scams-last-year-ftc-says/
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In a report released Friday, the Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that the investors had lost over $1 billion in crypto-related scams, which have been growing due to a lack of regulations and proper education on digital assets. Bitcoin, Tether, and Ether become the top cryptos involved in…
https://cryptoinsight.ae/investors-lost-over-1-billion-in-crypto-scams-last-year-ftc-says/
Website | Twitter | LinkedIn | Telegram
Dubai-based Binghatti Developers to sell real estate for crypto
Dubai-based Binghatti company Developers announced selling real estate for cryptocurrency, becoming the second developer in the UAE to accept digital payments this year. The company plans to protect its customers from market volatility through an especial payment process.
Eng. Muhammad Binghatti, CEO of Binghatti Developers, told Khaleej Times in an interview:
“We are going to…
https://cryptoinsight.ae/dubai-based-binghatti-developers-to-sell-real-estate-for-crypto/
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Dubai-based Binghatti company Developers announced selling real estate for cryptocurrency, becoming the second developer in the UAE to accept digital payments this year. The company plans to protect its customers from market volatility through an especial payment process.
Eng. Muhammad Binghatti, CEO of Binghatti Developers, told Khaleej Times in an interview:
“We are going to…
https://cryptoinsight.ae/dubai-based-binghatti-developers-to-sell-real-estate-for-crypto/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.3 Trillion, a -0.0% change in the last 24 hours
Bitcoin ~ $30,165.65 (-0.6%)
Ethereum ~ $1,797.94 (-0.3%)
Solana ~ $40.67 (3.8%)
Polkadot ~ $9.32 (2.3%)
Flow ~ $2.41 (-0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.3 Trillion, a -0.0% change in the last 24 hours
Bitcoin ~ $30,165.65 (-0.6%)
Ethereum ~ $1,797.94 (-0.3%)
Solana ~ $40.67 (3.8%)
Polkadot ~ $9.32 (2.3%)
Flow ~ $2.41 (-0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.3 Trillion, a -0.0% change in the last 24 hours
Bitcoin ~ $29,323.26 (-2.5%)
Ethereum ~ $1,674.02 (-6.5%)
Solana ~ $37.71 (-6.0%)
Polkadot ~ $8.78 (-5.1%)
Flow ~ $2.34 (-3.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.3 Trillion, a -0.0% change in the last 24 hours
Bitcoin ~ $29,323.26 (-2.5%)
Ethereum ~ $1,674.02 (-6.5%)
Solana ~ $37.71 (-6.0%)
Polkadot ~ $8.78 (-5.1%)
Flow ~ $2.34 (-3.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Saudi Ministry of Tourism to give away NFTs to each UNWTO delegate
The Ministry of Tourism in Saudi Arabia plans to give personalized NFTs to each delegate at the 116th Executive Council of the United Nations World Tourism Organization (UNWTO) in Jeddah, Aljoharah Al-Mogbel, Digital Transformation General Manager at the Ministry of Tourism, announced.
As she told Arab News, each delegate would receive a gift box containing…
https://cryptoinsight.ae/saudi-ministry-of-tourism-to-give-away-nfts-to-each-unwto-delegate/
Website | Twitter | LinkedIn | Telegram
The Ministry of Tourism in Saudi Arabia plans to give personalized NFTs to each delegate at the 116th Executive Council of the United Nations World Tourism Organization (UNWTO) in Jeddah, Aljoharah Al-Mogbel, Digital Transformation General Manager at the Ministry of Tourism, announced.
As she told Arab News, each delegate would receive a gift box containing…
https://cryptoinsight.ae/saudi-ministry-of-tourism-to-give-away-nfts-to-each-unwto-delegate/
Website | Twitter | LinkedIn | Telegram
PayPal allows users to transfer crypto to external wallets
On June 7, PayPal announced that crypto users can now move funds off its platform to external wallets and hardware devices, a long-awaited feature that will make the company’s offering more like other popular cryptocurrency services.
“Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges,” the payment platform…
https://cryptoinsight.ae/paypal-allows-users-to-transfer-crypto-to-external-wallets/
Website | Twitter | LinkedIn | Telegram
On June 7, PayPal announced that crypto users can now move funds off its platform to external wallets and hardware devices, a long-awaited feature that will make the company’s offering more like other popular cryptocurrency services.
“Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges,” the payment platform…
https://cryptoinsight.ae/paypal-allows-users-to-transfer-crypto-to-external-wallets/
Website | Twitter | LinkedIn | Telegram
Bitcoin tumbles as inflation hits 40-year high of 8.6%
Bitcoin’s price sank following the latest US Consumer Price Index (CPI) release, which showed that the index had unexpectedly hit 8.6%, reaching its highest level in 40 years.
Despite economists’ expectation that the CPI figure to remain flat at 8.3%, the same as April, the Labor Department’s announcement on June 10 defied that inflation is…
https://cryptoinsight.ae/bitcoin-tumbles-as-inflation-hits-40-year-high-of-8-6/
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Bitcoin’s price sank following the latest US Consumer Price Index (CPI) release, which showed that the index had unexpectedly hit 8.6%, reaching its highest level in 40 years.
Despite economists’ expectation that the CPI figure to remain flat at 8.3%, the same as April, the Labor Department’s announcement on June 10 defied that inflation is…
https://cryptoinsight.ae/bitcoin-tumbles-as-inflation-hits-40-year-high-of-8-6/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a -8.8% change in the last 24 hours
Bitcoin ~ $27,355.27 (-6.5%)
Ethereum ~ $1,437.76 (-13.9%)
Solana ~ $31.90 (-14.4%)
Polkadot ~ $7.58 (-13.1%)
Flow ~ $1.85 (-19.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a -8.8% change in the last 24 hours
Bitcoin ~ $27,355.27 (-6.5%)
Ethereum ~ $1,437.76 (-13.9%)
Solana ~ $31.90 (-14.4%)
Polkadot ~ $7.58 (-13.1%)
Flow ~ $1.85 (-19.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto economy’s value plunges to $1.2 trillion – lower than last July’s lows
The $1.19 trillion crypto economy is now lower in value than the July 2021 lows. Over the last week, digital currencies like Bitcoin, Ethereum, Cardano, and XRP, have shed significant value against the US dollar, as the top cryptos have lost from 50% to 80% against their all-time highs.
During the last seven days, the…
https://cryptoinsight.ae/crypto-economys-value-plunges-to-1-2-trillion-lower-than-last-julys-lows/
Website | Twitter | LinkedIn | Telegram
The $1.19 trillion crypto economy is now lower in value than the July 2021 lows. Over the last week, digital currencies like Bitcoin, Ethereum, Cardano, and XRP, have shed significant value against the US dollar, as the top cryptos have lost from 50% to 80% against their all-time highs.
During the last seven days, the…
https://cryptoinsight.ae/crypto-economys-value-plunges-to-1-2-trillion-lower-than-last-julys-lows/
Website | Twitter | LinkedIn | Telegram
85% of merchants give high priority to enabling crypto payments – Deloitte survey
According to a survey conducted by Deloitte, over 85% of merchants are giving high or very high priority to enabling cryptocurrency payments. Furthermore, nearly three-quarters of those surveyed reported plans to accept cryptocurrency or stablecoin payments within the next 24 months.
Deloitte, one of the Big Four major financial services firms, published on June 8…
https://cryptoinsight.ae/85-of-merchants-give-high-priority-to-enabling-crypto-payments-deloitte-survey/
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According to a survey conducted by Deloitte, over 85% of merchants are giving high or very high priority to enabling cryptocurrency payments. Furthermore, nearly three-quarters of those surveyed reported plans to accept cryptocurrency or stablecoin payments within the next 24 months.
Deloitte, one of the Big Four major financial services firms, published on June 8…
https://cryptoinsight.ae/85-of-merchants-give-high-priority-to-enabling-crypto-payments-deloitte-survey/
Website | Twitter | LinkedIn | Telegram
Jack Dorsey and Jay-Z launch ‘Bitcoin Academy’ in Brooklyn
Twitter founder Jack Dorsey and rapper Shawn “Jay-Z” Carter will fund a Bitcoin education program for residents of Marcy Houses, a public housing complex in Brooklyn where Jay-Z grew up. Dorsey said he thinks Bitcoin can be an important tool in empowering marginalized communities.
Starting this summer, residents of Marcy Houses in Brooklyn will be…
https://cryptoinsight.ae/jack-dorsey-and-jay-z-launch-bitcoin-academy-in-brooklyn/
Website | Twitter | LinkedIn | Telegram
Twitter founder Jack Dorsey and rapper Shawn “Jay-Z” Carter will fund a Bitcoin education program for residents of Marcy Houses, a public housing complex in Brooklyn where Jay-Z grew up. Dorsey said he thinks Bitcoin can be an important tool in empowering marginalized communities.
Starting this summer, residents of Marcy Houses in Brooklyn will be…
https://cryptoinsight.ae/jack-dorsey-and-jay-z-launch-bitcoin-academy-in-brooklyn/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a -7.3% change in the last 24 hours
Bitcoin ~ $25,309.53 (-7.7%)
Ethereum ~ $1,325.61 (-7.7%)
Solana ~ $27.86 (-12.7%)
Polkadot ~ $6.91 (-9.0%)
Flow ~ $1.65 (-11.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a -7.3% change in the last 24 hours
Bitcoin ~ $25,309.53 (-7.7%)
Ethereum ~ $1,325.61 (-7.7%)
Solana ~ $27.86 (-12.7%)
Polkadot ~ $6.91 (-9.0%)
Flow ~ $1.65 (-11.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Roland Berger partners with Crypto Oasis to boost crypto economy in the Gulf region
Roland Berger, a global strategy and management consultancy, has partnered with Crypto Oasis to join its efforts to boost the Gulf region’s blockchain and decentralized technologies ecosystem. The news comes two weeks after Crypto Oasis said it has already identified over 1,000 blockchain organizations in the UAE amid the exponential growth of the ecosystem, updating…
https://cryptoinsight.ae/roland-berger-partners-with-crypto-oasis-to-boost-crypto-economy-in-the-gulf-region/
Website | Twitter | LinkedIn | Telegram
Roland Berger, a global strategy and management consultancy, has partnered with Crypto Oasis to join its efforts to boost the Gulf region’s blockchain and decentralized technologies ecosystem. The news comes two weeks after Crypto Oasis said it has already identified over 1,000 blockchain organizations in the UAE amid the exponential growth of the ecosystem, updating…
https://cryptoinsight.ae/roland-berger-partners-with-crypto-oasis-to-boost-crypto-economy-in-the-gulf-region/
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Crypto Trends Weekly June 4 – 10
Breaking crypto news from the last week (June 4 – 10, 2022):
June 4: The Dubai-based real estate developer, DAMAC Properties, has completed cryptocurrency deals worth $50 million since the beginning of 2022, the company’s COO Ali Sajwani revealed.
June 5: The Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that…
https://cryptoinsight.ae/crypto-trends-weekly-june-4-10/
Website | Twitter | LinkedIn | Telegram
Breaking crypto news from the last week (June 4 – 10, 2022):
June 4: The Dubai-based real estate developer, DAMAC Properties, has completed cryptocurrency deals worth $50 million since the beginning of 2022, the company’s COO Ali Sajwani revealed.
June 5: The Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that…
https://cryptoinsight.ae/crypto-trends-weekly-june-4-10/
Website | Twitter | LinkedIn | Telegram
SEC investigates TerraUSD stablecoin crash
The US Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor-protection regulations. The lawyers for the SEC are seeing whether Terraform Labs, which is behind the coin, broke the rules for securities and investment products.
According to a Bloomberg source, the regulator’s enforcement…
https://cryptoinsight.ae/sec-investigates-terrausd-stablecoin-crash/
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The US Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor-protection regulations. The lawyers for the SEC are seeing whether Terraform Labs, which is behind the coin, broke the rules for securities and investment products.
According to a Bloomberg source, the regulator’s enforcement…
https://cryptoinsight.ae/sec-investigates-terrausd-stablecoin-crash/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1 Trillion, a -8.0% change in the last 24 hours
Bitcoin ~ $22,742.05 (-9.8%)
Ethereum ~ $1,220.75 (-7.9%)
Solana ~ $30.40 (9.1%)
Polkadot ~ $7.35 (6.3%)
Flow ~ $1.62 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1 Trillion, a -8.0% change in the last 24 hours
Bitcoin ~ $22,742.05 (-9.8%)
Ethereum ~ $1,220.75 (-7.9%)
Solana ~ $30.40 (9.1%)
Polkadot ~ $7.35 (6.3%)
Flow ~ $1.62 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin plunges under $23,000 as crypto market cap falls below $1 trillion
Bitcoin slumped to below $23,000, while the big crypto lender Celsius halted withdrawal. For the first time since early 2021, the overall crypto market capitalization fell below $1 trillion, amid traditional markets also came under severe pressure.
On Monday, Bitcoin suffered its largest price drop in 2022 as signs emerged that the steep correction in…
https://cryptoinsight.ae/bitcoin-plunges-under-23000-as-crypto-market-cap-falls-below-1-trillion/
Website | Twitter | LinkedIn | Telegram
Bitcoin slumped to below $23,000, while the big crypto lender Celsius halted withdrawal. For the first time since early 2021, the overall crypto market capitalization fell below $1 trillion, amid traditional markets also came under severe pressure.
On Monday, Bitcoin suffered its largest price drop in 2022 as signs emerged that the steep correction in…
https://cryptoinsight.ae/bitcoin-plunges-under-23000-as-crypto-market-cap-falls-below-1-trillion/
Website | Twitter | LinkedIn | Telegram
NFT prices sink, but overall NFT sales are on the rise
Due to the crypto market being down, Bored Apes, Moonbirds, and other top NFT collections are losing value, but NFT sales are rising as collectors appear to be taking advantage of lower prices.
As the crypto market is down with a 14% drop in overall value over the last 24 hours, Bitcoin lost 16%, and…
https://cryptoinsight.ae/nft-prices-sink-but-overall-nft-sales-are-on-the-rise/
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Due to the crypto market being down, Bored Apes, Moonbirds, and other top NFT collections are losing value, but NFT sales are rising as collectors appear to be taking advantage of lower prices.
As the crypto market is down with a 14% drop in overall value over the last 24 hours, Bitcoin lost 16%, and…
https://cryptoinsight.ae/nft-prices-sink-but-overall-nft-sales-are-on-the-rise/
Website | Twitter | LinkedIn | Telegram