Gulf Crypto Insight
2.13K subscribers
3.91K photos
14 videos
4.24K links
The first and only blockchain and cryptocurrency focused news portal in the Middle East.
https://cryptoinsight.ae/

The Content is for informational purposes only, you should not consider any such information or other material as financial or other advice
Download Telegram
Hello there!
Day started from:

The global cryptocurrency market cap today is $1.23 Trillion, a 2.2% change in the last 24 hours

Bitcoin ~ $28,339.28 (1.6%)
Ethereum ~ $1,809.43 (3.2%)
Solana ~ $22.60 (0.3%)
Polkadot ~ $6.38 (3.0%)
Flow ~ $1.06 (-4.0%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Anonymous DAO tomi raises $40M for ‘surveillance-free’ internet

The anonymous group of crypto developers is promoting the use of a decentralized autonomous organization to govern an alternative version of the internet.

Alternative internet developer tomi has raised $40 million from venture capital firms as part of a broader effort to lure content creators to its decentralized World Wide Web alternative.

The funding round…

https://cryptoinsight.ae/anonymous-dao-tomi-raises-40m-for-surveillance-free-internet/

Website | Twitter | LinkedIn | Telegram
Speculators flock to Arbitrum IOU tokens ahead of this week’s ARB airdrop

Crypto exchanges looking to capitalize off the Arbitrum airdrop fever have launched IOU and derivatives for ARB, an early sign of the excitement that will unfold on March 23.

Developers from the Arbitrum Foundation announced the launch of Arbitrum DAO and its native governance token, ARB, on March 16. Eligible users and developers will receive…

https://cryptoinsight.ae/speculators-flock-to-arbitrum-iou-tokens-ahead-of-this-weeks-arb-airdrop/

Website | Twitter | LinkedIn | Telegram
‘Crypto FUD’ — Industry outraged as White House report slams crypto

The report included 35 pages seemingly aimed at debunking the merits of crypto assets.

Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets.

The Economic Report of the President, released March 20, marks the first…

https://cryptoinsight.ae/crypto-fud-industry-outraged-as-white-house-report-slams-crypto/

Website | Twitter | LinkedIn | Telegram
Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis.

The value proposition of Bitcoin is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood…

https://cryptoinsight.ae/bitcoins-banking-crisis-surge-will-attract-more-institutions-arks-cathie-wood/

Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:

The global cryptocurrency market cap today is $1.2 Trillion, a -2.1% change in the last 24 hours

Bitcoin ~ $27,846.29 (-1.7%)
Ethereum ~ $1,764.73 (-2.4%)
Solana ~ $21.73 (-3.8%)
Polkadot ~ $6.18 (-3.2%)
Flow ~ $1.00 (-5.7%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
CFTC’s tech committee gathered in DC to talk DeFi, here’s what was discussed

DeFi was top of the agenda at the CFTC’s tech committee meeting, with crypto execs giving explanations and discussing the space with the regulator.

The United States commodities regulator has gotten a crash course on decentralized finance (DeFi) today, with crypto executives briefing the regulator on key issues affecting the space, including exploits, decentralization and…

https://cryptoinsight.ae/cftcs-tech-committee-gathered-in-dc-to-talk-defi-heres-what-was-discussed/

Website | Twitter | LinkedIn | Telegram
‘How did this happen’ — Powell says Fed stumped over the collapse of SVB

In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.”

United States Federal Reserve Chairman Jerome Powell has conceded that his regulator was blindsided by the sudden collapse of Silicon Valley Bank, despite it being under their watch.

In a…

https://cryptoinsight.ae/how-did-this-happen-powell-says-fed-stumped-over-the-collapse-of-svb/

Website | Twitter | LinkedIn | Telegram
Coinbase could face SEC enforcement action for ‘potential violations of securities law’

The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by United States Securities and Exchange Commission officials.

Crypto exchange Coinbase said it has received a Wells notice from the United States Securities and Exchange Commission recommending the regulator take…

https://cryptoinsight.ae/coinbase-could-face-sec-enforcement-action-for-potential-violations-of-securities-law/

Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:

The global cryptocurrency market cap today is $1.23 Trillion, a 3.0% change in the last 24 hours

Bitcoin ~ $28,423.72 (2.3%)
Ethereum ~ $1,821.48 (3.3%)
Solana ~ $22.07 (1.6%)
Polkadot ~ $6.34 (2.5%)
Flow ~ $1.01 (1.1%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Do Kwon faces fraud charges from US prosecutors hours after arrest

The Terraform Labs CEO is now facing fraud charges in South Korea, the Securities and Exchange Commission and federal prosecutors in New York.

Terraform Labs CEO Do Kwon has been charged with fraud by United States prosecutors in New York, just hours after he was reportedly arrested in Montenegro.

In a court filing signed by…

https://cryptoinsight.ae/do-kwon-faces-fraud-charges-from-us-prosecutors-hours-after-arrest/

Website | Twitter | LinkedIn | Telegram
The world could be facing a dark future thanks to CBDCs

From forcing people to spend their money to making them save it, central banks around the world could soon use CBDCs to create a dystopian nightmare.

During the financial crisis of 2007–2008, many people lost trust in traditional financial institutions and turned to alternative forms of currency, such as cryptocurrencies. It was a way for…

https://cryptoinsight.ae/the-world-could-be-facing-a-dark-future-thanks-to-cbdcs/

Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:

The global cryptocurrency market cap today is $1.2 Trillion, a -2.7% change in the last 24 hours

Bitcoin ~ $27,646.17 (-2.6%)
Ethereum ~ $1,757.39 (-3.5%)
Solana ~ $20.74 (-5.9%)
Polkadot ~ $6.05 (-4.4%)
Flow ~ $0.982426 (-3.1%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K

All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level.

On March 23, Bitcoin price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq Index, which…

https://cryptoinsight.ae/bitcoin-bulls-remain-bullish-but-macro-and-crypto-specific-hurdles-have-btc-pinned-below-30k/

Website | Twitter | LinkedIn | Telegram
Arbitrum airdrop hype grips DeFi world: Finance Redefined

The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up to the distribution.

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 much-awaited airdrop of layer-2 scalability…

https://cryptoinsight.ae/arbitrum-airdrop-hype-grips-defi-world-finance-redefined/

Website | Twitter | LinkedIn | Telegram
US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting

Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff that concluded that the banking system “remains sound.”

The United States’ most powerful financial regulators gathered on March 24 by video conference for an unscheduled, closed meeting of the Treasury Department’s Financial Stability Oversight Council…

https://cryptoinsight.ae/us-treasurys-financial-stability-oversight-council-held-unscheduled-closed-meeting/

Website | Twitter | LinkedIn | Telegram
White House report takes aim at Bybit — and forgot about Deribit

The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space.

The White House released its annual economic report on March 20, and it dedicated an entire section to digital assets.

The authors should be commended for doing so. I largely agree with the…

https://cryptoinsight.ae/white-house-report-takes-aim-at-bybit-and-forgot-about-deribit/

Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:

The global cryptocurrency market cap today is $1.2 Trillion, a 0.3% change in the last 24 hours

Bitcoin ~ $27,718.04 (0.4%)
Ethereum ~ $1,764.93 (0.4%)
Solana ~ $20.90 (0.7%)
Polkadot ~ $6.04 (-0.1%)
Flow ~ $0.967631 (-1.2%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper

American venture capital investor Tim Draper warned business founders to prepare for “more and more” bank failures if the government continues to “print money and whipsaw interest rates.”

American venture capital investor and entrepreneur Tim Draper advised founders to keep at least two payrolls worth of cash in Bitcoin or alternative cryptocurrencies, in response to…

https://cryptoinsight.ae/businesses-should-hold-two-payrolls-worth-of-cash-in-crypto-tim-draper/

Website | Twitter | LinkedIn | Telegram
Euler Finance exploiter returns over 58,000 stolen Ether

ETH worth over $101 million had been returned to the lending protocol as of March 25. The exploiter still controls part of the stolen assets.

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data.

In a transaction on March 25,…

https://cryptoinsight.ae/euler-finance-exploiter-returns-over-58000-stolen-ether/

Website | Twitter | LinkedIn | Telegram