Gulf Crypto Insight
2.13K subscribers
4.03K photos
14 videos
4.36K 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 $2.81 Trillion, a 3.4% change in the last 24 hours

Bitcoin ~ $71,028.99 (1.9%)
Ethereum ~ $3,686.17 (7.5%)
Solana ~ $177.96 (0.6%)
Polkadot ~ $9.05 (4.9%)
Flow ~ $1.31 (5.9%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Ethereum boosts 8% amid ‘ultra-strong’ social and market activity

Ether accelerated 8% in spot crypto markets on Monday amid an uptick in social sentiment and optimism among derivatives traders.

Ether prices have gained around 8% over the past 24 hours, with the asset hitting an intraday high of $3,722 on April 9, outpacing Bitcoin and most of its closest peers, according to CoinGecko.

It…

https://cryptoinsight.ae/ethereum-boosts-8-amid-ultra-strong-social-and-market-activity/

Website | Twitter | LinkedIn | Telegram
Solana devs target April 15 for failed TX fix — it’s ‘not a design flaw’

Solana developers are targeting April 15 to implement a fix for an “implementation bug” that recently caused the transaction failure rate on Solana to skyrocket.

“Solana’s current issue is not a design flaw, it’s an implementation bug,” stressed Mert Mumtaz, the CEO of Helius Labs, a blockchain infrastructure firm that provides back-end support exclusively to…

https://cryptoinsight.ae/solana-devs-target-april-15-for-failed-tx-fix-its-not-a-design-flaw/

Website | Twitter | LinkedIn | Telegram
1inch unveils crypto debit card in partnership with Mastercard and Baanx

Decentralized finance (DeFi) firm 1inch Network has debuted a new debit card with cryptocurrency-to-fiat bridge functionality. The new card was developed in partnership with Mastercard and Baanx.
According to a blog post from 1inch, the new debit cards will feature full functionality, including a physical card featuring an account number, expiration date and the “CVC”…

https://cryptoinsight.ae/1inch-unveils-crypto-debit-card-in-partnership-with-mastercard-and-baanx/

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

The global cryptocurrency market cap today is $2.72 Trillion, a -3.0% change in the last 24 hours

Bitcoin ~ $69,258.23 (-2.4%)
Ethereum ~ $3,533.31 (-4.2%)
Solana ~ $172.13 (-3.3%)
Polkadot ~ $8.56 (-5.2%)
Flow ~ $1.23 (-6.1%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Ethereum ETFs will ‘probably be rejected’ in May — VanEck CEO

The chief executive officer of investment firm VanEck says it’s unlikely the United States Securities and Exchange Commission will approve a spot Ether exchange-traded funds in May.

In an April 9 interview with CNBC, Jan van Eck said his firm’s spot Ethereum ETF application will “probably be rejected.”

He noted that his firm was the…

https://cryptoinsight.ae/ethereum-etfs-will-probably-be-rejected-in-may-vaneck-ceo/

Website | Twitter | LinkedIn | Telegram
Telegram-linked Toncoin flips Cardano to become 9th-largest cryptocurrency

Toncoin (TON) flipped Cardano’s ADA token to become the ninth-largest cryptocurrency by market capitalization on April 9. Can Toncoin continue its parabolic rise?

TON becomes the ninth-largest cryptocurrency
Following a 13% daily price increase, TON rose to $6.65 as of 1:45 pm UTC to reach a $23 billion market capitalization, overtaking the ADA’s $22 billion…

https://cryptoinsight.ae/telegram-linked-toncoin-flips-cardano-to-become-9th-largest-cryptocurrency/

Website | Twitter | LinkedIn | Telegram
Paradigm leads $225M funding round for new ‘Solana killer’ L1

Crypto-focused venture capital (VC) firm Paradigm is leading a $225 million funding round into a new layer-1 blockchain network, which is set to compete for market share with Solana and other top networks.
Monad Labs completes the funding round, which aims to build a new layer-1 smart contract network with faster speed and lower costs…

https://cryptoinsight.ae/paradigm-leads-225m-funding-round-for-new-solana-killer-l1/

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

The global cryptocurrency market cap today is $2.77 Trillion, a 1.8% change in the last 24 hours

Bitcoin ~ $70,667.55 (1.8%)
Ethereum ~ $3,566.41 (0.5%)
Solana ~ $173.93 (0.5%)
Polkadot ~ $8.43 (-2.2%)
Flow ~ $1.21 (-1.9%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Is Bitcoin’s on-chain bull run momentum over? Indicator flashes red

Bitcoin OGs appear to be gearing up to cash in on their gains ahead of the Bitcoin halving, according to a leading indicator popular among crypto traders.
An indicator called the Value Days Destroyed (VDD) Multiple recently spiked above 4.0, leading crypto commentators to speculate that the wider market could be nearing the end of…

https://cryptoinsight.ae/is-bitcoins-on-chain-bull-run-momentum-over-indicator-flashes-red/

Website | Twitter | LinkedIn | Telegram
Move-to-earn protocol StepN announces $30M airdrop for users

Move-to-earn lifestyle app StepN, built on the Solana blockchain, is airdropping 100 million FSL points, worth approximately $30 million, to its users.
According to the April 10 announcement, the FSL points are redeemable at a 1:1 ratio for StepN’s GMT token and can also be used in upcoming StepN nonfungible token (NFT) mints alongside obtaining…

https://cryptoinsight.ae/move-to-earn-protocol-stepn-announces-30m-airdrop-for-users/

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

The global cryptocurrency market cap today is $2.76 Trillion, a 0.2% change in the last 24 hours

Bitcoin ~ $70,919.69 (0.1%)
Ethereum ~ $3,534.64 (-1.0%)
Solana ~ $175.20 (0.5%)
Polkadot ~ $8.44 (0.2%)
Flow ~ $1.20 (-1.3%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Solana memecoin frenzy raises questions about crypto utility, reputation

The Solana blockchain is currently outperforming rivals Ethereum, Avalanche and BNB Chain in terms of network activity, growth and adoption — all thanks to the memecoin frenzy that has taken crypto markets by storm.
Over the past month, the Solana blockchain has seen the launch of thousands of new memecoins with billions of dollars in…

https://cryptoinsight.ae/solana-memecoin-frenzy-raises-questions-about-crypto-utility-reputation/

Website | Twitter | LinkedIn | Telegram
Ubisoft teases new blockchain game at Paris Blockchain Week

AAA game studio Ubisoft is edging closer to releasing its first blockchain-based game after releasing the first gameplay trailer for Champion Tactics Grimoria during Paris Blockchain Week.
The tactical player-vs-player role-playing game’s lead developers gave Cointelegraph an exclusive playthrough at the conference. The RPG allows players to craft blockchain-based figurines with unique features and characteristics…

https://cryptoinsight.ae/ubisoft-teases-new-blockchain-game-at-paris-blockchain-week/

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

The global cryptocurrency market cap today is $2.57 Trillion, a -7.3% change in the last 24 hours

Bitcoin ~ $67,382.79 (-5.0%)
Ethereum ~ $3,247.46 (-8.3%)
Solana ~ $152.78 (-152.78%)
Polkadot ~ $7.25 (-14.2%)
Flow ~ $1.01 (-15.9%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
China has a Trojan Horse in US Bitcoin mining infrastructure

Cryptocurrencies are rapidly becoming a critical piece of the United States economy and financial system. The value of Bitcoin has surged thanks to exchange-traded funds (ETFs) bringing access to a huge swath of new consumers. This is generally good news.

However, the rise of Bitcoin also brings with it the need for increased regulatory guardrails,…

https://cryptoinsight.ae/china-has-a-trojan-horse-in-us-bitcoin-mining-infrastructure/

Website | Twitter | LinkedIn | Telegram
US gov’t among states with largest Bitcoin holdings — Arkham

The United States government is one of the biggest cryptocurrency holders alongside other global states like the United Kingdom and Germany, according to data from Arkham.
Arkham, a crypto intelligence platform focused on deanonymizing entities on the blockchain network, has introduced a dashboard featuring the governments with the largest crypto holdings.

Announcing the news on…

https://cryptoinsight.ae/us-govt-among-states-with-largest-bitcoin-holdings-arkham/

Website | Twitter | LinkedIn | Telegram
Ethereum’s Pectra upgrade to make normal wallets ‘smart’ and improve UX

Ethereum’s Pectra upgrade, slated for late 2024 or early 2025, is bringing with it a host of more functionality for crypto wallets and upgrades to their user experience (UX).
Ethereum Improvement Proposal (EIP) 3074 was approved for inclusion in the next update, which allows normal crypto wallets to work like smart contracts.

One of EIP-3074’s…

https://cryptoinsight.ae/ethereums-pectra-upgrade-to-make-normal-wallets-smart-and-improve-ux/

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

The global cryptocurrency market cap today is $2.44 Trillion, a -5.1% change in the last 24 hours

Bitcoin ~ $64,309.79 (-4.7%)
Ethereum ~ $3,065.02 (-5.8%)
Solana ~ $141.85 (-7.3%)
Polkadot ~ $6.60 (-9.2%)
Flow ~ $0.9048 (-10.5%)

Follow and subscribe - @GulfCryptoInsight

Website | Twitter | LinkedIn | Telegram
Bitcoin nose dive as political tensions escalate in the Middle East

Bitcoin price plummeted over 8.4% on April 13 after Iran launched an attack on Israel, escalating  geopolitical conflicts in the Middle East.

The cryptocurrency price dropped from around $67,000 to $61,625, wiping out over $130 million in market capitalization within minutes following the attack.

The sell-off is also affecting other cryptocurrencies. At the time of…

https://cryptoinsight.ae/bitcoin-nose-dive-as-political-tensions-escalate-in-the-middle-east/

Website | Twitter | LinkedIn | Telegram