‘Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victory
Bitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains.
Bitcoin dominance has taken a tumble in the wake of Ripple’s partial victory against the United States Securities and Exchange Commission, with a surge in altcoin prices briefly causing BTC dominance to fall under the 50% mark.
Bitcoin…
https://cryptoinsight.ae/altcoin-season-anyone-bitcoin-dominance-tumbles-after-xrp-victory/
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Bitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains.
Bitcoin dominance has taken a tumble in the wake of Ripple’s partial victory against the United States Securities and Exchange Commission, with a surge in altcoin prices briefly causing BTC dominance to fall under the 50% mark.
Bitcoin…
https://cryptoinsight.ae/altcoin-season-anyone-bitcoin-dominance-tumbles-after-xrp-victory/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a -3.2% change in the last 24 hours
Bitcoin ~ $30,326.95 (-3.5%)
Ethereum ~ $1,933.23 (-3.9%)
Solana ~ $27.32 (-4.3%)
Polkadot ~ $5.42 (-4.4%)
Flow ~ $0.603149 (-6.1%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a -3.2% change in the last 24 hours
Bitcoin ~ $30,326.95 (-3.5%)
Ethereum ~ $1,933.23 (-3.9%)
Solana ~ $27.32 (-4.3%)
Polkadot ~ $5.42 (-4.4%)
Flow ~ $0.603149 (-6.1%)
Follow and subscribe - @GulfCryptoInsight
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It’s time for the SEC to settle with Coinbase and Ripple
The Securities and Exchange Commission should recognize it’s time to settle its cases against Coinbase and Ripple Labs.
In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time…
https://cryptoinsight.ae/its-time-for-the-sec-to-settle-with-coinbase-and-ripple/
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The Securities and Exchange Commission should recognize it’s time to settle its cases against Coinbase and Ripple Labs.
In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time…
https://cryptoinsight.ae/its-time-for-the-sec-to-settle-with-coinbase-and-ripple/
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Crypto will transcend international currencies — BlackRock CEO
Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios.
BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies’ role in democratizing investing worldwide, pointing to growing interest among the companys clients in digital assets.
“More and more of our global investors are asking us about crypto,” Fink…
https://cryptoinsight.ae/crypto-will-transcend-international-currencies-blackrock-ceo/
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Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios.
BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies’ role in democratizing investing worldwide, pointing to growing interest among the companys clients in digital assets.
“More and more of our global investors are asking us about crypto,” Fink…
https://cryptoinsight.ae/crypto-will-transcend-international-currencies-blackrock-ceo/
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Token hoarders defeat the purpose of most DAOs: Study
The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants.
A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges…
https://cryptoinsight.ae/token-hoarders-defeat-the-purpose-of-most-daos-study/
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The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants.
A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges…
https://cryptoinsight.ae/token-hoarders-defeat-the-purpose-of-most-daos-study/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a -0.1% change in the last 24 hours
Bitcoin ~ $30,239.13 (-0.2%)
Ethereum ~ $1,924.28 (-0.3%)
Solana ~ $27.67 (-2.6%)
Polkadot ~ $5.38 (-0.8%)
Flow ~ $0.618018 (1.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a -0.1% change in the last 24 hours
Bitcoin ~ $30,239.13 (-0.2%)
Ethereum ~ $1,924.28 (-0.3%)
Solana ~ $27.67 (-2.6%)
Polkadot ~ $5.38 (-0.8%)
Flow ~ $0.618018 (1.6%)
Follow and subscribe - @GulfCryptoInsight
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US ‘dominates’ crypto startup funding in Q2: Report
US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%.
Amid crypto firms facing regulatory scrutiny in the United States, it hasn’t stopped innovation, as almost half of all capital investments flocked to U.S. crypto businesses, according to…
https://cryptoinsight.ae/us-dominates-crypto-startup-funding-in-q2-report/
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US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%.
Amid crypto firms facing regulatory scrutiny in the United States, it hasn’t stopped innovation, as almost half of all capital investments flocked to U.S. crypto businesses, according to…
https://cryptoinsight.ae/us-dominates-crypto-startup-funding-in-q2-report/
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‘Multichain was a big blow’, says Andre Cronje as Fantom TVL slumps
Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion.
Fantom’s co-founder Andre Cronje classified Multichain’s debacle as a “big blow” to the smart contract platform, which saw a sharp decline in activity in the past weeks as…
https://cryptoinsight.ae/multichain-was-a-big-blow-says-andre-cronje-as-fantom-tvl-slumps/
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Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion.
Fantom’s co-founder Andre Cronje classified Multichain’s debacle as a “big blow” to the smart contract platform, which saw a sharp decline in activity in the past weeks as…
https://cryptoinsight.ae/multichain-was-a-big-blow-says-andre-cronje-as-fantom-tvl-slumps/
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SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review
The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal.
The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before.
The SEC’s acknowledgment indicates the commencement of the official…
https://cryptoinsight.ae/sec-accepts-blackrocks-bitcoin-etf-application-signaling-regulatory-review/
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The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal.
The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before.
The SEC’s acknowledgment indicates the commencement of the official…
https://cryptoinsight.ae/sec-accepts-blackrocks-bitcoin-etf-application-signaling-regulatory-review/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $30,270.30 (0.1%)
Ethereum ~ $1,931.42 (0.4%)
Solana ~ $27.91 (0.9%)
Polkadot ~ $5.40 (0.5%)
Flow ~ $0.623262 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.26 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $30,270.30 (0.1%)
Ethereum ~ $1,931.42 (0.4%)
Solana ~ $27.91 (0.9%)
Polkadot ~ $5.40 (0.5%)
Flow ~ $0.623262 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Binance completes integration of Bitcoin Lightning Network
The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network.
Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits.
The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users…
https://cryptoinsight.ae/binance-completes-integration-of-bitcoin-lightning-network/
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The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network.
Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits.
The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users…
https://cryptoinsight.ae/binance-completes-integration-of-bitcoin-lightning-network/
Website | Twitter | LinkedIn | Telegram
Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted
Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum.
Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.
Aave announced the launch of the new stablecoin in a July 16 blog…
https://cryptoinsight.ae/aave-protocol-launches-stablecoin-gho-on-ethereum-mainnet-2m-minted/
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Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum.
Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.
Aave announced the launch of the new stablecoin in a July 16 blog…
https://cryptoinsight.ae/aave-protocol-launches-stablecoin-gho-on-ethereum-mainnet-2m-minted/
Website | Twitter | LinkedIn | Telegram
Celo blockchain proposes return to Ethereum ecosystem, transition to L2
According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain.
CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.
According to a proposal discussion…
https://cryptoinsight.ae/celo-blockchain-proposes-return-to-ethereum-ecosystem-transition-to-l2/
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According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain.
CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.
According to a proposal discussion…
https://cryptoinsight.ae/celo-blockchain-proposes-return-to-ethereum-ecosystem-transition-to-l2/
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Enterprise blockchain: ‘Ethereum for Business’ explains key use cases
Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology.
The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.
Recent findings from…
https://cryptoinsight.ae/enterprise-blockchain-ethereum-for-business-explains-key-use-cases/
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Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology.
The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.
Recent findings from…
https://cryptoinsight.ae/enterprise-blockchain-ethereum-for-business-explains-key-use-cases/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.25 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $30,069.97 (-0.7%)
Ethereum ~ $1,906.24 (-1.3%)
Solana ~ $26.45 (-5.0%)
Polkadot ~ $5.27 (-2.3%)
Flow ~ $0.647440 (3.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.25 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $30,069.97 (-0.7%)
Ethereum ~ $1,906.24 (-1.3%)
Solana ~ $26.45 (-5.0%)
Polkadot ~ $5.27 (-2.3%)
Flow ~ $0.647440 (3.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
US regulatory clarity has begun in court after Ripple win: CFTC commissioner
CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.
Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.
Speaking on Bloomberg TV on…
https://cryptoinsight.ae/us-regulatory-clarity-has-begun-in-court-after-ripple-win-cftc-commissioner/
Website | Twitter | LinkedIn | Telegram
CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.
Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.
Speaking on Bloomberg TV on…
https://cryptoinsight.ae/us-regulatory-clarity-has-begun-in-court-after-ripple-win-cftc-commissioner/
Website | Twitter | LinkedIn | Telegram
Inflows into crypto investment funds rise as Bitcoin carries 99% of the load
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date.
Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming.
According to CoinShares, this brings the four-week total to $742 million — correcting the…
https://cryptoinsight.ae/inflows-into-crypto-investment-funds-rise-as-bitcoin-carries-99-of-the-load/
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However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date.
Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming.
According to CoinShares, this brings the four-week total to $742 million — correcting the…
https://cryptoinsight.ae/inflows-into-crypto-investment-funds-rise-as-bitcoin-carries-99-of-the-load/
Website | Twitter | LinkedIn | Telegram
Chainlink launches cross-chain protocol bridging blockchain to TradFi
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol.
The development firm behind the Chainlink protocol and its native token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains.
In a July 17…
https://cryptoinsight.ae/chainlink-launches-cross-chain-protocol-bridging-blockchain-to-tradfi/
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Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol.
The development firm behind the Chainlink protocol and its native token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains.
In a July 17…
https://cryptoinsight.ae/chainlink-launches-cross-chain-protocol-bridging-blockchain-to-tradfi/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.25 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $30,087.42 (-0.0%)
Ethereum ~ $1,912.94 (0.4%)
Solana ~ $26.39 (-0.3%)
Polkadot ~ $5.25 (-0.8%)
Flow ~ $0.641728 (-0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.25 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $30,087.42 (-0.0%)
Ethereum ~ $1,912.94 (0.4%)
Solana ~ $26.39 (-0.3%)
Polkadot ~ $5.25 (-0.8%)
Flow ~ $0.641728 (-0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Altcoins ‘bled’ as Bitcoin gained dominance in Q2: CoinGecko
Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.
The second quarter of the year has been a solid one for Bitcoin’s performance as its market dominance gained against altcoins, which “bled” throughout the quarter, according to CoinGecko.
On July 18, the crypto data…
https://cryptoinsight.ae/altcoins-bled-as-bitcoin-gained-dominance-in-q2-coingecko/
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Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.
The second quarter of the year has been a solid one for Bitcoin’s performance as its market dominance gained against altcoins, which “bled” throughout the quarter, according to CoinGecko.
On July 18, the crypto data…
https://cryptoinsight.ae/altcoins-bled-as-bitcoin-gained-dominance-in-q2-coingecko/
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