Hello there!
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a 1.9% change in the last 24 hours
Bitcoin ~ $23,077.15 (0.3%)
Ethereum ~ $1,598.59 (1.1%)
Solana ~ $24.55 (2.6%)
Polkadot ~ $6.63 (3.5%)
Flow ~ $1.13 (4.6%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a 1.9% change in the last 24 hours
Bitcoin ~ $23,077.15 (0.3%)
Ethereum ~ $1,598.59 (1.1%)
Solana ~ $24.55 (2.6%)
Polkadot ~ $6.63 (3.5%)
Flow ~ $1.13 (4.6%)
Follow and subscribe - @GulfCryptoInsight
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Total crypto market cap rises above $1T, and data suggests more upside is in store
Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care.
Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the…
https://cryptoinsight.ae/total-crypto-market-cap-rises-above-1t-and-data-suggests-more-upside-is-in-store/
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Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care.
Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the…
https://cryptoinsight.ae/total-crypto-market-cap-rises-above-1t-and-data-suggests-more-upside-is-in-store/
Website | Twitter | LinkedIn | Telegram
Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies.
On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.…
https://cryptoinsight.ae/creating-self-sovereignty-in-the-creator-economy-and-web3-is-there-room-for-both/
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NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies.
On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.…
https://cryptoinsight.ae/creating-self-sovereignty-in-the-creator-economy-and-web3-is-there-room-for-both/
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Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
Crypto lender BlockFi has had a highly tumultuous 12 months. After getting caught up in the Terra fiasco, which resulted in one of the most prolific asset death spirals of all time, the company managed to avoid…
https://cryptoinsight.ae/crypto-biz-a-peek-into-blockfis-secret-financials-its-not-pretty/
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How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
Crypto lender BlockFi has had a highly tumultuous 12 months. After getting caught up in the Terra fiasco, which resulted in one of the most prolific asset death spirals of all time, the company managed to avoid…
https://cryptoinsight.ae/crypto-biz-a-peek-into-blockfis-secret-financials-its-not-pretty/
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White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.
The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with cryptocurrencies. Much of the document was addressed to…
https://cryptoinsight.ae/white-house-cryptocurrency-roadmap-recommends-against-pension-funds/
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The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.
The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with cryptocurrencies. Much of the document was addressed to…
https://cryptoinsight.ae/white-house-cryptocurrency-roadmap-recommends-against-pension-funds/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $23,247.86 (0.7%)
Ethereum ~ $1,596.75 (-0.1%)
Solana ~ $24.14 (-1.6%)
Polkadot ~ $6.50 (-1.9%)
Flow ~ $1.07 (-4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $23,247.86 (0.7%)
Ethereum ~ $1,596.75 (-0.1%)
Solana ~ $24.14 (-1.6%)
Polkadot ~ $6.50 (-1.9%)
Flow ~ $1.07 (-4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
CZ predicts ‘existential implications’ for anti-crypto traditional finance
While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades.
As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng “CZ” Zhao believes this move could potentially have…
https://cryptoinsight.ae/cz-predicts-existential-implications-for-anti-crypto-traditional-finance/
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While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades.
As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng “CZ” Zhao believes this move could potentially have…
https://cryptoinsight.ae/cz-predicts-existential-implications-for-anti-crypto-traditional-finance/
Website | Twitter | LinkedIn | Telegram
Genesis Capital’s fall might transform crypto lending — not bury it
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts.
Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital Jan. 19 bankruptcy filing. That, in turn, followed…
https://cryptoinsight.ae/genesis-capitals-fall-might-transform-crypto-lending-not-bury-it/
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TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts.
Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital Jan. 19 bankruptcy filing. That, in turn, followed…
https://cryptoinsight.ae/genesis-capitals-fall-might-transform-crypto-lending-not-bury-it/
Website | Twitter | LinkedIn | Telegram
Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.
Sam Bankman-Fried’s legal team is seeking to remove a bail condition that prevented him from accessing FTX’s funds, according to court filings from Jan. 28.
A letter from Bankman-Fried’s lawyer, Mark Cohen, to United States District…
https://cryptoinsight.ae/sam-bankman-fried-seeks-to-access-ftx-funds/
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Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.
Sam Bankman-Fried’s legal team is seeking to remove a bail condition that prevented him from accessing FTX’s funds, according to court filings from Jan. 28.
A letter from Bankman-Fried’s lawyer, Mark Cohen, to United States District…
https://cryptoinsight.ae/sam-bankman-fried-seeks-to-access-ftx-funds/
Website | Twitter | LinkedIn | Telegram
South Korea to deploy cryptocurrency tracking system in 2023
The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance.
The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities.
The “Virtual…
https://cryptoinsight.ae/south-korea-to-deploy-cryptocurrency-tracking-system-in-2023/
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The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance.
The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities.
The “Virtual…
https://cryptoinsight.ae/south-korea-to-deploy-cryptocurrency-tracking-system-in-2023/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a 1.8% change in the last 24 hours
Bitcoin ~ $23,733.47 (2.1%)
Ethereum ~ $1,635.17 (2.4%)
Solana ~ $25.52 (5.7%)
Polkadot ~ $6.53 (0.6%)
Flow ~ $1.10 (2.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a 1.8% change in the last 24 hours
Bitcoin ~ $23,733.47 (2.1%)
Ethereum ~ $1,635.17 (2.4%)
Solana ~ $25.52 (5.7%)
Polkadot ~ $6.53 (0.6%)
Flow ~ $1.10 (2.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin eyes $25K as BTC price nears best weekly close in 5 months
Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years.
Bitcoin spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed.
Trader on Bitcoin: $25,000 “in sight”
Data from Cointelegraph Markets Pro and TradingView…
https://cryptoinsight.ae/bitcoin-eyes-25k-as-btc-price-nears-best-weekly-close-in-5-months/
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Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years.
Bitcoin spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed.
Trader on Bitcoin: $25,000 “in sight”
Data from Cointelegraph Markets Pro and TradingView…
https://cryptoinsight.ae/bitcoin-eyes-25k-as-btc-price-nears-best-weekly-close-in-5-months/
Website | Twitter | LinkedIn | Telegram
Aussie regulator flagged concerns about FTX months before collapse: Report
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents.
Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange met its untimely end in November.
According to documents obtained by Guardian Australia, officers of the…
https://cryptoinsight.ae/aussie-regulator-flagged-concerns-about-ftx-months-before-collapse-report/
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Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents.
Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange met its untimely end in November.
According to documents obtained by Guardian Australia, officers of the…
https://cryptoinsight.ae/aussie-regulator-flagged-concerns-about-ftx-months-before-collapse-report/
Website | Twitter | LinkedIn | Telegram
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.
The price of Bitcoin in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash.
At the time of writing, the price of 1 BTC on Nigerian crypto exchange NairaEX…
https://cryptoinsight.ae/bitcoin-premium-hits-60-in-nigeria-as-it-limits-atm-cash-withdrawals/
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The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.
The price of Bitcoin in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash.
At the time of writing, the price of 1 BTC on Nigerian crypto exchange NairaEX…
https://cryptoinsight.ae/bitcoin-premium-hits-60-in-nigeria-as-it-limits-atm-cash-withdrawals/
Website | Twitter | LinkedIn | Telegram
Bitcoin mining revenue jumps up 50% to $23M in one month
As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of U.S. dollars.
As Bitcoin shows a minor bull run, the connected mining ecosystems’ year-long struggle for survival has started to pay off. In the first month of 2023, the Bitcoin mining community experienced a 50%…
https://cryptoinsight.ae/bitcoin-mining-revenue-jumps-up-50-to-23m-in-one-month/
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As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of U.S. dollars.
As Bitcoin shows a minor bull run, the connected mining ecosystems’ year-long struggle for survival has started to pay off. In the first month of 2023, the Bitcoin mining community experienced a 50%…
https://cryptoinsight.ae/bitcoin-mining-revenue-jumps-up-50-to-23m-in-one-month/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a -3.6% change in the last 24 hours
Bitcoin ~ $22,778.39 (-4.1%)
Ethereum ~ $1,564.39 (-4.4%)
Solana ~ $23.76 (-7.0%)
Polkadot ~ $6.18 (-5.5%)
Flow ~ $0.989652 (-9.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a -3.6% change in the last 24 hours
Bitcoin ~ $22,778.39 (-4.1%)
Ethereum ~ $1,564.39 (-4.4%)
Solana ~ $23.76 (-7.0%)
Polkadot ~ $6.18 (-5.5%)
Flow ~ $0.989652 (-9.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Elon Musk wants Twitter payments system built with crypto in mind
Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future.
Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future.
According to a Jan.…
https://cryptoinsight.ae/elon-musk-wants-twitter-payments-system-built-with-crypto-in-mind/
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Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future.
Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future.
According to a Jan.…
https://cryptoinsight.ae/elon-musk-wants-twitter-payments-system-built-with-crypto-in-mind/
Website | Twitter | LinkedIn | Telegram
Millionaires flock to crypto: 82% sought investment advice in 2022
A recent study from deVere Group found a majority of their clients had asked their financial advisers about adding crypto to their portfolios.
Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin in 2022, according to a recent poll conducted by financial advisory firm…
https://cryptoinsight.ae/millionaires-flock-to-crypto-82-sought-investment-advice-in-2022/
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A recent study from deVere Group found a majority of their clients had asked their financial advisers about adding crypto to their portfolios.
Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin in 2022, according to a recent poll conducted by financial advisory firm…
https://cryptoinsight.ae/millionaires-flock-to-crypto-82-sought-investment-advice-in-2022/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.09 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $23,093.78 (1.2%)
Ethereum ~ $1,580.04 (0.8%)
Solana ~ $23.75 (-7.0%)
Polkadot ~ $6.18 (-0.4%)
Flow ~ $1.05 (6.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.09 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $23,093.78 (1.2%)
Ethereum ~ $1,580.04 (0.8%)
Solana ~ $23.75 (-7.0%)
Polkadot ~ $6.18 (-0.4%)
Flow ~ $1.05 (6.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
SEC settles on security claim in LBRY case; community calls it a big win for crypto
The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the direct sale.
The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in…
https://cryptoinsight.ae/sec-settles-on-security-claim-in-lbry-case-community-calls-it-a-big-win-for-crypto/
Website | Twitter | LinkedIn | Telegram
The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the direct sale.
The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in…
https://cryptoinsight.ae/sec-settles-on-security-claim-in-lbry-case-community-calls-it-a-big-win-for-crypto/
Website | Twitter | LinkedIn | Telegram