Opinion: Digital Currency Group’s Genesis implosion: What comes next?
Genesis, a subsidiary of Barry Silbert’s Digital Currency Group, filed for Chapter 11 bankruptcy on Jan. 19. Its default could have big implications for the crypto industry.
It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter…
https://cryptoinsight.ae/opinion-digital-currency-groups-genesis-implosion-what-comes-next/
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Genesis, a subsidiary of Barry Silbert’s Digital Currency Group, filed for Chapter 11 bankruptcy on Jan. 19. Its default could have big implications for the crypto industry.
It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter…
https://cryptoinsight.ae/opinion-digital-currency-groups-genesis-implosion-what-comes-next/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $22,887.17 (1.3%)
Ethereum ~ $1,628.40 (-1.3%)
Solana ~ $25.25 (1.5%)
Polkadot ~ $6.27 (0.9%)
Flow ~ $1.08 (-2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $22,887.17 (1.3%)
Ethereum ~ $1,628.40 (-1.3%)
Solana ~ $25.25 (1.5%)
Polkadot ~ $6.27 (0.9%)
Flow ~ $1.08 (-2.8%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin due new ‘big rally’ as RSI copies 2018 bear market recovery
There is plenty to be optimistic about when it comes to further BTC price gains, RSI analysis concludes.
Bitcoin is in for a new “big rally” as market strength copies conditions from after the 2018 bear market.
According to the latest analysis, BTC/USD will continue to head higher “after some consolidation” thanks to key signals…
https://cryptoinsight.ae/bitcoin-due-new-big-rally-as-rsi-copies-2018-bear-market-recovery/
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There is plenty to be optimistic about when it comes to further BTC price gains, RSI analysis concludes.
Bitcoin is in for a new “big rally” as market strength copies conditions from after the 2018 bear market.
According to the latest analysis, BTC/USD will continue to head higher “after some consolidation” thanks to key signals…
https://cryptoinsight.ae/bitcoin-due-new-big-rally-as-rsi-copies-2018-bear-market-recovery/
Website | Twitter | LinkedIn | Telegram
Binance Charity to provide over 30K Web3 scholarships in 2023
Among the education centers involved include colleges in Australia, Cyprus and Germany, Nigerian-based tech hub Utiva, Women in Tech, and two Ukrainian organizations.
The philanthropic arm of Binance — Binance Charity — is set to fund 30,65 scholarships to students keen on forging out a career in Web3 in 2023.
The Binance Charity Scholar Program…
https://cryptoinsight.ae/binance-charity-to-provide-over-30k-web3-scholarships-in-2023/
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Among the education centers involved include colleges in Australia, Cyprus and Germany, Nigerian-based tech hub Utiva, Women in Tech, and two Ukrainian organizations.
The philanthropic arm of Binance — Binance Charity — is set to fund 30,65 scholarships to students keen on forging out a career in Web3 in 2023.
The Binance Charity Scholar Program…
https://cryptoinsight.ae/binance-charity-to-provide-over-30k-web3-scholarships-in-2023/
Website | Twitter | LinkedIn | Telegram
Going cashless: Norway’s digital currency project raises privacy questions
At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu.
The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at…
https://cryptoinsight.ae/going-cashless-norways-digital-currency-project-raises-privacy-questions/
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At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu.
The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at…
https://cryptoinsight.ae/going-cashless-norways-digital-currency-project-raises-privacy-questions/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $22,742.53 (-0.6%)
Ethereum ~ $1,635.20 (0.4%)
Solana ~ $24.56 (-2.7%)
Polkadot ~ $6.30 (0.5%)
Flow ~ $1.20 (11.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $22,742.53 (-0.6%)
Ethereum ~ $1,635.20 (0.4%)
Solana ~ $24.56 (-2.7%)
Polkadot ~ $6.30 (0.5%)
Flow ~ $1.20 (11.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin price surge: Breakthrough or bull trap? Pundits weigh in
Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived.
While Bitcoin (BTC) has experienced a strong price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at…
https://cryptoinsight.ae/bitcoin-price-surge-breakthrough-or-bull-trap-pundits-weigh-in/
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Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived.
While Bitcoin (BTC) has experienced a strong price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at…
https://cryptoinsight.ae/bitcoin-price-surge-breakthrough-or-bull-trap-pundits-weigh-in/
Website | Twitter | LinkedIn | Telegram
Aussie execs refute ‘argument’ to treat crypto as financial products
The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22.
Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma
Speaking to the…
https://cryptoinsight.ae/aussie-execs-refute-argument-to-treat-crypto-as-financial-products/
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The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22.
Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma
Speaking to the…
https://cryptoinsight.ae/aussie-execs-refute-argument-to-treat-crypto-as-financial-products/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin divulges the ‘largest remaining challenge’ in Ethereum
While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions.
Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy.
In a blog post on Jan. 20, Buterin acknowledged…
https://cryptoinsight.ae/vitalik-buterin-divulges-the-largest-remaining-challenge-in-ethereum/
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While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions.
Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy.
In a blog post on Jan. 20, Buterin acknowledged…
https://cryptoinsight.ae/vitalik-buterin-divulges-the-largest-remaining-challenge-in-ethereum/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $23,135.90 (1.7%)
Ethereum ~ $1,638.58 (0.1%)
Solana ~ $24.85 (1.1%)
Polkadot ~ $6.63 (5.3%)
Flow ~ $1.24 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $23,135.90 (1.7%)
Ethereum ~ $1,638.58 (0.1%)
Solana ~ $24.85 (1.1%)
Polkadot ~ $6.63 (5.3%)
Flow ~ $1.24 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Chinese blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project.
A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs).
Red Date Technology, the blockchain infrastructure firm which is…
https://cryptoinsight.ae/chinese-blockchain-project-aims-to-be-the-swift-of-stablecoins-and-cbdcs/
Website | Twitter | LinkedIn | Telegram
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project.
A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs).
Red Date Technology, the blockchain infrastructure firm which is…
https://cryptoinsight.ae/chinese-blockchain-project-aims-to-be-the-swift-of-stablecoins-and-cbdcs/
Website | Twitter | LinkedIn | Telegram
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
Bitcoin rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from…
https://cryptoinsight.ae/stablecoin-data-points-to-healthy-appetite-from-bulls-and-possible-bitcoin-rally-to-25k/
Website | Twitter | LinkedIn | Telegram
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
Bitcoin rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from…
https://cryptoinsight.ae/stablecoin-data-points-to-healthy-appetite-from-bulls-and-possible-bitcoin-rally-to-25k/
Website | Twitter | LinkedIn | Telegram
SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO
Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions.
The approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) has stalled the advancement of Bitcoin in the country, according to the CEO of Grayscale Investments.
In a letter published in…
https://cryptoinsight.ae/secs-one-dimensional-approach-is-slowing-bitcoin-progress-grayscale-ceo/
Website | Twitter | LinkedIn | Telegram
Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions.
The approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) has stalled the advancement of Bitcoin in the country, according to the CEO of Grayscale Investments.
In a letter published in…
https://cryptoinsight.ae/secs-one-dimensional-approach-is-slowing-bitcoin-progress-grayscale-ceo/
Website | Twitter | LinkedIn | Telegram
‘Tremendous time’ to start a blockchain company, says Pantera General Partner
Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space.
Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company.
As part of a…
https://cryptoinsight.ae/tremendous-time-to-start-a-blockchain-company-says-pantera-general-partner/
Website | Twitter | LinkedIn | Telegram
Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space.
Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company.
As part of a…
https://cryptoinsight.ae/tremendous-time-to-start-a-blockchain-company-says-pantera-general-partner/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -3.3% change in the last 24 hours
Bitcoin ~ $22,661.41 (-2.1%)
Ethereum ~ $1,547.94 (-5.5%)
Solana ~ $22.96 (-7.6%)
Polkadot ~ $6.18 (-6.8%)
Flow ~ $1.07 (-13.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -3.3% change in the last 24 hours
Bitcoin ~ $22,661.41 (-2.1%)
Ethereum ~ $1,547.94 (-5.5%)
Solana ~ $22.96 (-7.6%)
Polkadot ~ $6.18 (-6.8%)
Flow ~ $1.07 (-13.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Six on-chain metrics suggesting Bitcoin is a ‘generational buying opportunity’
Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets.
Several on-chain metrics from the Bitcoin network are flashing buy signals following this year’s rally.
Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain…
https://cryptoinsight.ae/six-on-chain-metrics-suggesting-bitcoin-is-a-generational-buying-opportunity/
Website | Twitter | LinkedIn | Telegram
Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets.
Several on-chain metrics from the Bitcoin network are flashing buy signals following this year’s rally.
Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain…
https://cryptoinsight.ae/six-on-chain-metrics-suggesting-bitcoin-is-a-generational-buying-opportunity/
Website | Twitter | LinkedIn | Telegram
SEC commissioner reiterates ‘the point of crypto’ as market aims for recovery
Securities and Exchange Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn.
Hester Peirce, a commissioner on the Securities and Exchange Commission (SEC), said that after a terrible year, industry players need to remember what crypto is really about.
In a speech at the Digital…
https://cryptoinsight.ae/sec-commissioner-reiterates-the-point-of-crypto-as-market-aims-for-recovery/
Website | Twitter | LinkedIn | Telegram
Securities and Exchange Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn.
Hester Peirce, a commissioner on the Securities and Exchange Commission (SEC), said that after a terrible year, industry players need to remember what crypto is really about.
In a speech at the Digital…
https://cryptoinsight.ae/sec-commissioner-reiterates-the-point-of-crypto-as-market-aims-for-recovery/
Website | Twitter | LinkedIn | Telegram
Uniswap holders propose ditching Ethereum for BNB Chain to deploy v3 protocol
80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move.
A “temperature check” proposal to deploy the Uniswap v3 protocol to BNB Chain received overwhelming support from the Uniswap community on its governance forum.
80% of voters holding Uniswap’s UNI…
https://cryptoinsight.ae/uniswap-holders-propose-ditching-ethereum-for-bnb-chain-to-deploy-v3-protocol/
Website | Twitter | LinkedIn | Telegram
80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move.
A “temperature check” proposal to deploy the Uniswap v3 protocol to BNB Chain received overwhelming support from the Uniswap community on its governance forum.
80% of voters holding Uniswap’s UNI…
https://cryptoinsight.ae/uniswap-holders-propose-ditching-ethereum-for-bnb-chain-to-deploy-v3-protocol/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.09 Trillion, a 3.0% change in the last 24 hours
Bitcoin ~ $23,163.67 (2.3%)
Ethereum ~ $1,621.14 (4.7%)
Solana ~ $24.90 (8.5%)
Polkadot ~ $6.48 (4.7%)
Flow ~ $1.16 (7.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.09 Trillion, a 3.0% change in the last 24 hours
Bitcoin ~ $23,163.67 (2.3%)
Ethereum ~ $1,621.14 (4.7%)
Solana ~ $24.90 (8.5%)
Polkadot ~ $6.48 (4.7%)
Flow ~ $1.16 (7.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden
It is not all plain sailing when it comes to Bitcoin’s price recovery this year, with U.S. liquidity conditions calling the shots.
Bitcoin still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.
That is according to economist Lyn Alden, who, in private comments to Cointelegraph, cautioned on Bitcoin staying bullish after its…
https://cryptoinsight.ae/bitcoin-faces-considerable-danger-from-fed-in-2023-lyn-alden/
Website | Twitter | LinkedIn | Telegram
It is not all plain sailing when it comes to Bitcoin’s price recovery this year, with U.S. liquidity conditions calling the shots.
Bitcoin still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.
That is according to economist Lyn Alden, who, in private comments to Cointelegraph, cautioned on Bitcoin staying bullish after its…
https://cryptoinsight.ae/bitcoin-faces-considerable-danger-from-fed-in-2023-lyn-alden/
Website | Twitter | LinkedIn | Telegram