Hello there!
Day started from:
The global cryptocurrency market cap today is $842 Billion, a 1.2% change in the last 24 hours
Bitcoin ~ $16,742.51 (0.5%)
Ethereum ~ $1,218.08 (1.2%)
Solana ~ $11.86 (18.7%)
Polkadot ~ $4.52 (1.6%)
Flow ~ $0.701930 (7.3%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $842 Billion, a 1.2% change in the last 24 hours
Bitcoin ~ $16,742.51 (0.5%)
Ethereum ~ $1,218.08 (1.2%)
Solana ~ $11.86 (18.7%)
Polkadot ~ $4.52 (1.6%)
Flow ~ $0.701930 (7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto technology will shift toward ‘steadier hands’ in 2023: Circle CSO
Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” says Circle’s chief strategy officer.
Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to…
https://cryptoinsight.ae/crypto-technology-will-shift-toward-steadier-hands-in-2023-circle-cso/
Website | Twitter | LinkedIn | Telegram
Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” says Circle’s chief strategy officer.
Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to…
https://cryptoinsight.ae/crypto-technology-will-shift-toward-steadier-hands-in-2023-circle-cso/
Website | Twitter | LinkedIn | Telegram
Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular
Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022.
The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its crown when it comes to online search interest.
According to data…
https://cryptoinsight.ae/ethereum-transactions-338-higher-in-2022-but-bitcoin-remains-most-popular/
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Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022.
The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its crown when it comes to online search interest.
According to data…
https://cryptoinsight.ae/ethereum-transactions-338-higher-in-2022-but-bitcoin-remains-most-popular/
Website | Twitter | LinkedIn | Telegram
Erik Voorhees tips $40K BTC by June, but little consensus among pundits
ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.
There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for…
https://cryptoinsight.ae/erik-voorhees-tips-40k-btc-by-june-but-little-consensus-among-pundits/
Website | Twitter | LinkedIn | Telegram
ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.
There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for…
https://cryptoinsight.ae/erik-voorhees-tips-40k-btc-by-june-but-little-consensus-among-pundits/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $853 Billion, a 1.5% change in the last 24 hours
Bitcoin ~ $16,855.22 (0.8%)
Ethereum ~ $1,247.52 (2.5%)
Solana ~ $13.71 (16.4%)
Polkadot ~ $4.66 (3.1%)
Flow ~ $0.737837 (5.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $853 Billion, a 1.5% change in the last 24 hours
Bitcoin ~ $16,855.22 (0.8%)
Ethereum ~ $1,247.52 (2.5%)
Solana ~ $13.71 (16.4%)
Polkadot ~ $4.66 (3.1%)
Flow ~ $0.737837 (5.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto adoption in 2022: What events moved the industry forward?
While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level.
It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared…
https://cryptoinsight.ae/crypto-adoption-in-2022-what-events-moved-the-industry-forward/
Website | Twitter | LinkedIn | Telegram
While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level.
It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared…
https://cryptoinsight.ae/crypto-adoption-in-2022-what-events-moved-the-industry-forward/
Website | Twitter | LinkedIn | Telegram
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.
Bankrupt cryptocurrency lender Celsius Network has agreed to let Bitcoin miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius during the miner’s bankruptcy proceedings.…
https://cryptoinsight.ae/core-scientific-shuts-down-37k-mining-rigs-it-was-hosting-for-celsius/
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Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.
Bankrupt cryptocurrency lender Celsius Network has agreed to let Bitcoin miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius during the miner’s bankruptcy proceedings.…
https://cryptoinsight.ae/core-scientific-shuts-down-37k-mining-rigs-it-was-hosting-for-celsius/
Website | Twitter | LinkedIn | Telegram
US federal agencies release joint statement on crypto asset risks and safe practices
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks.
United States federal bank regulatory agencies started off the new year with a statement on crypto assets looking back at the…
https://cryptoinsight.ae/us-federal-agencies-release-joint-statement-on-crypto-asset-risks-and-safe-practices/
Website | Twitter | LinkedIn | Telegram
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks.
United States federal bank regulatory agencies started off the new year with a statement on crypto assets looking back at the…
https://cryptoinsight.ae/us-federal-agencies-release-joint-statement-on-crypto-asset-risks-and-safe-practices/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $855 Billion, a 0.2% change in the last 24 hours
Bitcoin ~ $16,834.67 (-0.2%)
Ethereum ~ $1,252.42 (0.3%)
Solana ~ $13.28 (-4.0%)
Polkadot ~ $4.62 (-0.8%)
Flow ~ $0.728677 (-1.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $855 Billion, a 0.2% change in the last 24 hours
Bitcoin ~ $16,834.67 (-0.2%)
Ethereum ~ $1,252.42 (0.3%)
Solana ~ $13.28 (-4.0%)
Polkadot ~ $4.62 (-0.8%)
Flow ~ $0.728677 (-1.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Why is the crypto market up today?
The crypto market is up today, reflecting market participants’ expectations that inflation is cooling after positive economic data.
The crypto market is up today and Bitcoin, Ether, Solana and numerous altcoins rallied after data published by the Institute for Supply Management (ISM) on Jan. 4 which showed slower demand and lower input prices for manufactures…
https://cryptoinsight.ae/why-is-the-crypto-market-up-today/
Website | Twitter | LinkedIn | Telegram
The crypto market is up today, reflecting market participants’ expectations that inflation is cooling after positive economic data.
The crypto market is up today and Bitcoin, Ether, Solana and numerous altcoins rallied after data published by the Institute for Supply Management (ISM) on Jan. 4 which showed slower demand and lower input prices for manufactures…
https://cryptoinsight.ae/why-is-the-crypto-market-up-today/
Website | Twitter | LinkedIn | Telegram
Celebs who got burned endorsing crypto and those that got away with it
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
Celebrities had a shaky year promoting crypto firms and projects throughout 2022.
Many found themselves named in lawsuits over their alleged promotion of since-failed projects, while others have been relentlessly mocked…
https://cryptoinsight.ae/celebs-who-got-burned-endorsing-crypto-and-those-that-got-away-with-it/
Website | Twitter | LinkedIn | Telegram
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
Celebrities had a shaky year promoting crypto firms and projects throughout 2022.
Many found themselves named in lawsuits over their alleged promotion of since-failed projects, while others have been relentlessly mocked…
https://cryptoinsight.ae/celebs-who-got-burned-endorsing-crypto-and-those-that-got-away-with-it/
Website | Twitter | LinkedIn | Telegram
SEC files objection to Binance.US’s plans to acquire Voyager Digital
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition.
The United States Securities and Exchange Commission (SEC) has filed a “limited objection” to crypto exchange Binance.US’s proposed $1 billion takeover of bankrupt crypto lender Voyager Digital, citing a…
https://cryptoinsight.ae/sec-files-objection-to-binance-uss-plans-to-acquire-voyager-digital/
Website | Twitter | LinkedIn | Telegram
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition.
The United States Securities and Exchange Commission (SEC) has filed a “limited objection” to crypto exchange Binance.US’s proposed $1 billion takeover of bankrupt crypto lender Voyager Digital, citing a…
https://cryptoinsight.ae/sec-files-objection-to-binance-uss-plans-to-acquire-voyager-digital/
Website | Twitter | LinkedIn | Telegram
Bank of England answers professionals’ questions about upcoming CBDC wallet
The Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract.
Companies that applied to win over the $244,000 contract to develop a central bank digital currency (CBDC) wallet proof-of-concept (PoC) for the Bank of England (BOE) provided questions about the project. In response, the central bank…
https://cryptoinsight.ae/bank-of-england-answers-professionals-questions-about-upcoming-cbdc-wallet/
Website | Twitter | LinkedIn | Telegram
The Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract.
Companies that applied to win over the $244,000 contract to develop a central bank digital currency (CBDC) wallet proof-of-concept (PoC) for the Bank of England (BOE) provided questions about the project. In response, the central bank…
https://cryptoinsight.ae/bank-of-england-answers-professionals-questions-about-upcoming-cbdc-wallet/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $849 Billion, a -0.7% change in the last 24 hours
Bitcoin ~ $16,815.86 (-0.2%)
Ethereum ~ $1,248.97 (-0.3%)
Solana ~ $13.21 (-0.6%)
Polkadot ~ $4.62 (-0.1%)
Flow ~ $0.694094 (-4.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $849 Billion, a -0.7% change in the last 24 hours
Bitcoin ~ $16,815.86 (-0.2%)
Ethereum ~ $1,248.97 (-0.3%)
Solana ~ $13.21 (-0.6%)
Polkadot ~ $4.62 (-0.1%)
Flow ~ $0.694094 (-4.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
2023 could be a rocky year for crypto venture investments: Galaxy Research
Around $30 billion was invested into crypto and Web3 startups in 2022, but will it be repeated this year?
2022 was a big year for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher…
https://cryptoinsight.ae/2023-could-be-a-rocky-year-for-crypto-venture-investments-galaxy-research/
Website | Twitter | LinkedIn | Telegram
Around $30 billion was invested into crypto and Web3 startups in 2022, but will it be repeated this year?
2022 was a big year for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher…
https://cryptoinsight.ae/2023-could-be-a-rocky-year-for-crypto-venture-investments-galaxy-research/
Website | Twitter | LinkedIn | Telegram
Wash trading will cause crypto’s next implosion: Mark Cuban
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas Mavericks owner.
Crypto token wash trading on centralized exchanges will be the cause of the next crypto “implosion,” according to billionaire Dallas Mavericks owner and crypto investor Mark Cuban.
In an interview with The Street on Jan. 5, the billionaire…
https://cryptoinsight.ae/wash-trading-will-cause-cryptos-next-implosion-mark-cuban/
Website | Twitter | LinkedIn | Telegram
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas Mavericks owner.
Crypto token wash trading on centralized exchanges will be the cause of the next crypto “implosion,” according to billionaire Dallas Mavericks owner and crypto investor Mark Cuban.
In an interview with The Street on Jan. 5, the billionaire…
https://cryptoinsight.ae/wash-trading-will-cause-cryptos-next-implosion-mark-cuban/
Website | Twitter | LinkedIn | Telegram
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period.
According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44…
https://cryptoinsight.ae/defi-security-losses-rose-47-4-in-2022-to-hit-3-64b-report/
Website | Twitter | LinkedIn | Telegram
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period.
According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44…
https://cryptoinsight.ae/defi-security-losses-rose-47-4-in-2022-to-hit-3-64b-report/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $858 Billion, a 1.0% change in the last 24 hours
Bitcoin ~ $16,932.04 (0.7%)
Ethereum ~ $1,263.92 (1.2%)
Solana ~ $13.28 (0.3%)
Polkadot ~ $4.66 (0.9%)
Flow ~ $0.707434 (2.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $858 Billion, a 1.0% change in the last 24 hours
Bitcoin ~ $16,932.04 (0.7%)
Ethereum ~ $1,263.92 (1.2%)
Solana ~ $13.28 (0.3%)
Polkadot ~ $4.66 (0.9%)
Flow ~ $0.707434 (2.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec
Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
The winds of crypto winter may be still blowing, but it doesn’t seem to be stopping venture capital firms from piling into cryptocurrencies. In fact, recent events influenced by the bear market,…
https://cryptoinsight.ae/ftx-collapse-may-boost-further-trust-in-crypto-ecosystem-nomura-exec/
Website | Twitter | LinkedIn | Telegram
Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
The winds of crypto winter may be still blowing, but it doesn’t seem to be stopping venture capital firms from piling into cryptocurrencies. In fact, recent events influenced by the bear market,…
https://cryptoinsight.ae/ftx-collapse-may-boost-further-trust-in-crypto-ecosystem-nomura-exec/
Website | Twitter | LinkedIn | Telegram
Macroeconomic data points toward intensifying pain for crypto investors in 2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.
Undoubtedly, 2022 was one of the worst years for Bitcoin buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the…
https://cryptoinsight.ae/macroeconomic-data-points-toward-intensifying-pain-for-crypto-investors-in-2023/
Website | Twitter | LinkedIn | Telegram
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.
Undoubtedly, 2022 was one of the worst years for Bitcoin buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the…
https://cryptoinsight.ae/macroeconomic-data-points-toward-intensifying-pain-for-crypto-investors-in-2023/
Website | Twitter | LinkedIn | Telegram