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
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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
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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/
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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/
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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/
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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
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/
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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
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
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
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/
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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
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
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
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
Solana open interest sheds nearly $440M as price slumps 11%
Solana open interest (OI) and its price have declined in the past 24 hours mirroring a broader decline across the cryptocurrency market. However, traders are remaining optimistic, viewing it as a “good opportunity.”
On April 14, Solana’s OI stood at $1.62 billion, approximately 21% down from the previous day, as per CoinGlass data. OI measures…
https://cryptoinsight.ae/solana-open-interest-sheds-nearly-440m-as-price-slumps-11/
Website | Twitter | LinkedIn | Telegram
Solana open interest (OI) and its price have declined in the past 24 hours mirroring a broader decline across the cryptocurrency market. However, traders are remaining optimistic, viewing it as a “good opportunity.”
On April 14, Solana’s OI stood at $1.62 billion, approximately 21% down from the previous day, as per CoinGlass data. OI measures…
https://cryptoinsight.ae/solana-open-interest-sheds-nearly-440m-as-price-slumps-11/
Website | Twitter | LinkedIn | Telegram
What is restaking, and how to restake Ethereum to boost rewards?
In proof-of-stake (PoS) blockchains such as Ethereum, the network’s security syncs with the number of active validators, the percentage of circulating tokens staked, and the allocation of these tokens among the active validators. Restaking mechanisms incentivize these staked tokens — otherwise lying inactive — to improve the overall functioning of the blockchain.
This article discusses…
https://cryptoinsight.ae/what-is-restaking-and-how-to-restake-ethereum-to-boost-rewards/
Website | Twitter | LinkedIn | Telegram
In proof-of-stake (PoS) blockchains such as Ethereum, the network’s security syncs with the number of active validators, the percentage of circulating tokens staked, and the allocation of these tokens among the active validators. Restaking mechanisms incentivize these staked tokens — otherwise lying inactive — to improve the overall functioning of the blockchain.
This article discusses…
https://cryptoinsight.ae/what-is-restaking-and-how-to-restake-ethereum-to-boost-rewards/
Website | Twitter | LinkedIn | Telegram
Bitcoin miners could dump $5B in BTC after halving: 10x Research
There could be a large outflow of Bitcoin from miners in the months following the halving as in previous cycles, according to a market analyst.
Bitcoin miners could potentially liquidate $5 billion worth of BTC after the halving according to calculations by the head of research at 10x Research, Markus Thielen, in an April 13…
https://cryptoinsight.ae/bitcoin-miners-could-dump-5b-in-btc-after-halving-10x-research/
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There could be a large outflow of Bitcoin from miners in the months following the halving as in previous cycles, according to a market analyst.
Bitcoin miners could potentially liquidate $5 billion worth of BTC after the halving according to calculations by the head of research at 10x Research, Markus Thielen, in an April 13…
https://cryptoinsight.ae/bitcoin-miners-could-dump-5b-in-btc-after-halving-10x-research/
Website | Twitter | LinkedIn | Telegram
Only 6 altcoins in the top 50 have outperformed Bitcoin this year
Only six altcoins among the top 50 tokens by market cap have managed to outperform Bitcoin so far this year, asBitcoin dominance reached a three-year high over the weekend.
The memecoin Dogecoin stands as the best-performing altcoin in the top 50, having posted year-to-date gains of just over 77% — climbing from $0.09 on Jan.…
https://cryptoinsight.ae/only-6-altcoins-in-the-top-50-have-outperformed-bitcoin-this-year/
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Only six altcoins among the top 50 tokens by market cap have managed to outperform Bitcoin so far this year, asBitcoin dominance reached a three-year high over the weekend.
The memecoin Dogecoin stands as the best-performing altcoin in the top 50, having posted year-to-date gains of just over 77% — climbing from $0.09 on Jan.…
https://cryptoinsight.ae/only-6-altcoins-in-the-top-50-have-outperformed-bitcoin-this-year/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.4 Trillion, a -3.8% change in the last 24 hours
Bitcoin ~ $62,907.77 (-4.6%)
Ethereum ~ $3,064.10 (-4.8%)
Solana ~ $134.53 (-12.6%)
Polkadot ~ $6.64 (-4.5%)
Flow ~ $0.8682 (-8.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.4 Trillion, a -3.8% change in the last 24 hours
Bitcoin ~ $62,907.77 (-4.6%)
Ethereum ~ $3,064.10 (-4.8%)
Solana ~ $134.53 (-12.6%)
Polkadot ~ $6.64 (-4.5%)
Flow ~ $0.8682 (-8.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hong Kong’s Ether, Bitcoin ETFs will be ‘lucky to get $500m’
Three recently approved spot Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong may not be as big of a deal as some may think, according to senior Bloomberg ETF analyst Eric Balchunas.
On April 15, The Hong Kong Securities and Futures Commission (SFC) issued conditional approvals to three offshore Chinese asset managers to begin…
https://cryptoinsight.ae/hong-kongs-ether-bitcoin-etfs-will-be-lucky-to-get-500m/
Website | Twitter | LinkedIn | Telegram
Three recently approved spot Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong may not be as big of a deal as some may think, according to senior Bloomberg ETF analyst Eric Balchunas.
On April 15, The Hong Kong Securities and Futures Commission (SFC) issued conditional approvals to three offshore Chinese asset managers to begin…
https://cryptoinsight.ae/hong-kongs-ether-bitcoin-etfs-will-be-lucky-to-get-500m/
Website | Twitter | LinkedIn | Telegram
OKX launches Ethereum layer-2 network for lower fees & interoperability
Cryptocurrency exchange OKX has joined the likes of Coinbase in launching an in-house Ethereum-based layer-2 network to provide lower fees and interoperability for users interacting with decentralized applications.
OKX’s launched the public mainnet of X Layer, its zero-knowledge proof powered network, on April 15. The network was built using Polygon’s chain development kit (CDK) and…
https://cryptoinsight.ae/okx-launches-ethereum-layer-2-network-for-lower-fees-interoperability/
Website | Twitter | LinkedIn | Telegram
Cryptocurrency exchange OKX has joined the likes of Coinbase in launching an in-house Ethereum-based layer-2 network to provide lower fees and interoperability for users interacting with decentralized applications.
OKX’s launched the public mainnet of X Layer, its zero-knowledge proof powered network, on April 15. The network was built using Polygon’s chain development kit (CDK) and…
https://cryptoinsight.ae/okx-launches-ethereum-layer-2-network-for-lower-fees-interoperability/
Website | Twitter | LinkedIn | Telegram
Arkham’s top 5 doxed crypto hodlers own $3.5B, but 35% is untouchable
The top five identified crypto whales with publicly known wallet addresses hold around $3.5 billion in crypto, according to a dashboard from blockchain intelligence firm Arkham.
However, due to lost passwords and private keys, a large chunk of it is inaccessible.
On April 15, the on-chain intelligence platform announced the updated dashboard revealing the holdings…
https://cryptoinsight.ae/arkhams-top-5-doxed-crypto-hodlers-own-3-5b-but-35-is-untouchable/
Website | Twitter | LinkedIn | Telegram
The top five identified crypto whales with publicly known wallet addresses hold around $3.5 billion in crypto, according to a dashboard from blockchain intelligence firm Arkham.
However, due to lost passwords and private keys, a large chunk of it is inaccessible.
On April 15, the on-chain intelligence platform announced the updated dashboard revealing the holdings…
https://cryptoinsight.ae/arkhams-top-5-doxed-crypto-hodlers-own-3-5b-but-35-is-untouchable/
Website | Twitter | LinkedIn | Telegram