Sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis
While it has become harder to access the crypto mixer today, for better or worse, decentralization means it’s near impossible to put an end to it.
Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared.
On…
https://cryptoinsight.ae/sanctions-couldnt-pull-the-plug-on-tornado-cash-chainalysis/
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While it has become harder to access the crypto mixer today, for better or worse, decentralization means it’s near impossible to put an end to it.
Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared.
On…
https://cryptoinsight.ae/sanctions-couldnt-pull-the-plug-on-tornado-cash-chainalysis/
Website | Twitter | LinkedIn | Telegram
5 signs that an altcoin bull run could be underway
Record-low volatility and potentially positive macroeconomic data are providing crypto traders with a few opportunities.
While 2022 ended on a grim note with macro headwinds providing little hope of a revival in 2023, the start of a new year has surprised bears with a surge in Bitcoin, Ether and altcoin prices. The period of sparse…
https://cryptoinsight.ae/5-signs-that-an-altcoin-bull-run-could-be-underway/
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Record-low volatility and potentially positive macroeconomic data are providing crypto traders with a few opportunities.
While 2022 ended on a grim note with macro headwinds providing little hope of a revival in 2023, the start of a new year has surprised bears with a surge in Bitcoin, Ether and altcoin prices. The period of sparse…
https://cryptoinsight.ae/5-signs-that-an-altcoin-bull-run-could-be-underway/
Website | Twitter | LinkedIn | Telegram
Voyager and Binance.US deal given initial nod amid national security probe
The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval.
Bankrupt crypto lender Voyager Digital has received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion.
The approval comes amid a national security probe concerning Binance.US that Voyager…
https://cryptoinsight.ae/voyager-and-binance-us-deal-given-initial-nod-amid-national-security-probe/
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The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval.
Bankrupt crypto lender Voyager Digital has received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion.
The approval comes amid a national security probe concerning Binance.US that Voyager…
https://cryptoinsight.ae/voyager-and-binance-us-deal-given-initial-nod-amid-national-security-probe/
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It’ll be OK: DCG crisis likely won’t ‘include a lot of selling’ — Novogratz
Digital Currency Group’s ongoing financial distress isn’t likely to cause much further strain on crypto prices, according to Galaxy Digital Holdings CEO Mike Novogratz.
Galaxy Digital Holdings CEO Mike Novogratz has hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis, saying while it’s “not good news,” it won’t “include a lot…
https://cryptoinsight.ae/itll-be-ok-dcg-crisis-likely-wont-include-a-lot-of-selling-novogratz/
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Digital Currency Group’s ongoing financial distress isn’t likely to cause much further strain on crypto prices, according to Galaxy Digital Holdings CEO Mike Novogratz.
Galaxy Digital Holdings CEO Mike Novogratz has hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis, saying while it’s “not good news,” it won’t “include a lot…
https://cryptoinsight.ae/itll-be-ok-dcg-crisis-likely-wont-include-a-lot-of-selling-novogratz/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $924 Billion, a 3.5% change in the last 24 hours
Bitcoin ~ $18,142.31 (4.2%)
Ethereum ~ $1,400.18 (5.0%)
Solana ~ $16.31 (1.5%)
Polkadot ~ $5.13 (5.1%)
Flow ~ $0.860544 (9.5%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $924 Billion, a 3.5% change in the last 24 hours
Bitcoin ~ $18,142.31 (4.2%)
Ethereum ~ $1,400.18 (5.0%)
Solana ~ $16.31 (1.5%)
Polkadot ~ $5.13 (5.1%)
Flow ~ $0.860544 (9.5%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin surges above $18K to cap 8-day winning streak
The last time Bitcoin saw such a long streak of green candles was July 2021, during the height of the pandemic.
Bitcoin has clocked eight straight days of increasing prices and has surged back above $18,000 for the first time since mid-December.
The cryptocurrency hadn’t recorded such a prolonged winning streak since July 2021, at…
https://cryptoinsight.ae/bitcoin-surges-above-18k-to-cap-8-day-winning-streak/
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The last time Bitcoin saw such a long streak of green candles was July 2021, during the height of the pandemic.
Bitcoin has clocked eight straight days of increasing prices and has surged back above $18,000 for the first time since mid-December.
The cryptocurrency hadn’t recorded such a prolonged winning streak since July 2021, at…
https://cryptoinsight.ae/bitcoin-surges-above-18k-to-cap-8-day-winning-streak/
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Bitcoin miner Northern Data says production increased by 315% Y/Y in 2022
According to Northern Data AG, it generated a total of 2,798 BTC in the fiscal year 2022.
Northern Data AG, a German company that specializes in Bitcoin mining and cloud computing, has released earnings results for its mining division.
Northern Data AG said that in fiscal 2022, it mined 2,798 Bitcoin, up 315% from the…
https://cryptoinsight.ae/bitcoin-miner-northern-data-says-production-increased-by-315-y-y-in-2022/
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According to Northern Data AG, it generated a total of 2,798 BTC in the fiscal year 2022.
Northern Data AG, a German company that specializes in Bitcoin mining and cloud computing, has released earnings results for its mining division.
Northern Data AG said that in fiscal 2022, it mined 2,798 Bitcoin, up 315% from the…
https://cryptoinsight.ae/bitcoin-miner-northern-data-says-production-increased-by-315-y-y-in-2022/
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Gary Gensler finds new audience for his crypto skepticism: The US Army
The U.S. Securities and Exchange Commission chair called crypto “the Wild West” and urged troops not to “get caught up in the FOMO.”
United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army.
On Jan. 11 the U.S. Army hosted…
https://cryptoinsight.ae/gary-gensler-finds-new-audience-for-his-crypto-skepticism-the-us-army/
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The U.S. Securities and Exchange Commission chair called crypto “the Wild West” and urged troops not to “get caught up in the FOMO.”
United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army.
On Jan. 11 the U.S. Army hosted…
https://cryptoinsight.ae/gary-gensler-finds-new-audience-for-his-crypto-skepticism-the-us-army/
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From Bernie Madoff to Bankman-Fried: Bitcoin maximalists have been validated
The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes.
Long before Bitcoin, Bernie Madoff sat atop the longest-running, largest fraud in history. The rise and real-time fall of Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX,…
https://cryptoinsight.ae/from-bernie-madoff-to-bankman-fried-bitcoin-maximalists-have-been-validated/
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The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes.
Long before Bitcoin, Bernie Madoff sat atop the longest-running, largest fraud in history. The rise and real-time fall of Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX,…
https://cryptoinsight.ae/from-bernie-madoff-to-bankman-fried-bitcoin-maximalists-have-been-validated/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $942 Billion, a 1.9% change in the last 24 hours
Bitcoin ~ $18,810.68 (3.8%)
Ethereum ~ $1,408.35 (0.6%)
Solana ~ $16.91 (3.7%)
Polkadot ~ $5.22 (1.9%)
Flow ~ $0.892081 (4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $942 Billion, a 1.9% change in the last 24 hours
Bitcoin ~ $18,810.68 (3.8%)
Ethereum ~ $1,408.35 (0.6%)
Solana ~ $16.91 (3.7%)
Polkadot ~ $5.22 (1.9%)
Flow ~ $0.892081 (4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood
Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically “gained share during turbulent times,” says ARK Invest CEO.
ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022.
In a Jan. 12 blog post on…
https://cryptoinsight.ae/wall-of-worry-led-to-digital-wallets-blockchain-tech-ignored-cathie-wood/
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Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically “gained share during turbulent times,” says ARK Invest CEO.
ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022.
In a Jan. 12 blog post on…
https://cryptoinsight.ae/wall-of-worry-led-to-digital-wallets-blockchain-tech-ignored-cathie-wood/
Website | Twitter | LinkedIn | Telegram
Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten.
A climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by a whopping 31:1 ratio.
On Jan. 12, self-proclaimed philanthropist and environmentalist Daniel Batten claimed in a…
https://cryptoinsight.ae/climate-tech-vc-argues-bitcoins-esg-positives-outweigh-its-negatives-311/
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The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten.
A climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by a whopping 31:1 ratio.
On Jan. 12, self-proclaimed philanthropist and environmentalist Daniel Batten claimed in a…
https://cryptoinsight.ae/climate-tech-vc-argues-bitcoins-esg-positives-outweigh-its-negatives-311/
Website | Twitter | LinkedIn | Telegram
Cardano ecosystem set to expand with custom-built sidechains
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain.
Input Output Global (IOG) — the team behind the Cardano ecosystem — will release a software toolkit in late Jan. 2023 that will enable developers to deploy custom-built sidechains…
https://cryptoinsight.ae/cardano-ecosystem-set-to-expand-with-custom-built-sidechains/
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The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain.
Input Output Global (IOG) — the team behind the Cardano ecosystem — will release a software toolkit in late Jan. 2023 that will enable developers to deploy custom-built sidechains…
https://cryptoinsight.ae/cardano-ecosystem-set-to-expand-with-custom-built-sidechains/
Website | Twitter | LinkedIn | Telegram
90% of businesses adopting blockchain technology, data
A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year.
The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry.
A new…
https://cryptoinsight.ae/90-of-businesses-adopting-blockchain-technology-data/
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A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year.
The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry.
A new…
https://cryptoinsight.ae/90-of-businesses-adopting-blockchain-technology-data/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.02 Trillion, a 8.6% change in the last 24 hours
Bitcoin ~ $20,882.72 (11.0%)
Ethereum ~ $1,549.17 (10.0%)
Solana ~ $23.59 (39.5%)
Polkadot ~ $5.75 (10.2%)
Flow ~ $1.01 (13.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.02 Trillion, a 8.6% change in the last 24 hours
Bitcoin ~ $20,882.72 (11.0%)
Ethereum ~ $1,549.17 (10.0%)
Solana ~ $23.59 (39.5%)
Polkadot ~ $5.75 (10.2%)
Flow ~ $1.01 (13.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion.
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.
While the 15.5% year-to-date gain sounds promising, the…
https://cryptoinsight.ae/total-crypto-market-cap-closes-in-on-1t-right-as-bitcoin-price-moves-toward-20k/
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Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion.
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.
While the 15.5% year-to-date gain sounds promising, the…
https://cryptoinsight.ae/total-crypto-market-cap-closes-in-on-1t-right-as-bitcoin-price-moves-toward-20k/
Website | Twitter | LinkedIn | Telegram
3 blockchain use cases that extend beyond crypto
Blockchains are decentralized, transparent and increase the capacity of a whole network while giving users full control of their data.
Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics and financial services.
There are many factors behind the…
https://cryptoinsight.ae/3-blockchain-use-cases-that-extend-beyond-crypto/
Website | Twitter | LinkedIn | Telegram
Blockchains are decentralized, transparent and increase the capacity of a whole network while giving users full control of their data.
Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics and financial services.
There are many factors behind the…
https://cryptoinsight.ae/3-blockchain-use-cases-that-extend-beyond-crypto/
Website | Twitter | LinkedIn | Telegram
DeFi was the most attacked ecosystem in 2022: Finance Redefined
2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The DeFi ecosystem started 2023 on…
https://cryptoinsight.ae/defi-was-the-most-attacked-ecosystem-in-2022-finance-redefined/
Website | Twitter | LinkedIn | Telegram
2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The DeFi ecosystem started 2023 on…
https://cryptoinsight.ae/defi-was-the-most-attacked-ecosystem-in-2022-finance-redefined/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.01 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $20,745.74 (-0.7%)
Ethereum ~ $1,527.65 (-1.4%)
Solana ~ $22.94 (-3.1%)
Polkadot ~ $5.88 (1.8%)
Flow ~ $1.11 (10.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.01 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $20,745.74 (-0.7%)
Ethereum ~ $1,527.65 (-1.4%)
Solana ~ $22.94 (-3.1%)
Polkadot ~ $5.88 (1.8%)
Flow ~ $1.11 (10.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Alameda Research had a $65B secret line of credit with FTX: Report
Sam Bankman-Fried ordered Gary Wang, FTX’s co-founder, to open the alleged credit line financed by the exchange’s customers.
Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, according to FTX attorney Andrew Dietderich.
The attorney disclosed…
https://cryptoinsight.ae/alameda-research-had-a-65b-secret-line-of-credit-with-ftx-report/
Website | Twitter | LinkedIn | Telegram
Sam Bankman-Fried ordered Gary Wang, FTX’s co-founder, to open the alleged credit line financed by the exchange’s customers.
Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, according to FTX attorney Andrew Dietderich.
The attorney disclosed…
https://cryptoinsight.ae/alameda-research-had-a-65b-secret-line-of-credit-with-ftx-report/
Website | Twitter | LinkedIn | Telegram