Hello there!
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $57,305.07 (-1.1%)
Ethereum ~ $3,095.21 (0.0%)
Solana ~ $136.33 (-3.5%)
Polkadot ~ $5.90 (-3.1%)
Flow ~ $0.5459 (-1.6%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $57,305.07 (-1.1%)
Ethereum ~ $3,095.21 (0.0%)
Solana ~ $136.33 (-3.5%)
Polkadot ~ $5.90 (-3.1%)
Flow ~ $0.5459 (-1.6%)
Follow and subscribe - @GulfCryptoInsight
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Ethereum ETF inflows could hit $10B, sending ETH to new highs — Analyst
Ether exchange-traded funds (ETFs) will attract up to $10 billion in new inflows in the months after launch and send Ether prices soaring to all-time highs by the end of the year, Tom Dunleavy, a managing partner at crypto investment firm MV Global, told Cointelegraph.
“We saw $15 billion in flows for Bitcoin. I think…
https://cryptoinsight.ae/ethereum-etf-inflows-could-hit-10b-sending-eth-to-new-highs-analyst/
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Ether exchange-traded funds (ETFs) will attract up to $10 billion in new inflows in the months after launch and send Ether prices soaring to all-time highs by the end of the year, Tom Dunleavy, a managing partner at crypto investment firm MV Global, told Cointelegraph.
“We saw $15 billion in flows for Bitcoin. I think…
https://cryptoinsight.ae/ethereum-etf-inflows-could-hit-10b-sending-eth-to-new-highs-analyst/
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Compound Finance site potentially breached — ZachXBT
Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked.
On July 11, the security investigator published a post on Telegram telling the community to stay away from the website for the time being. According to ZachXBT, the website redirects to a newly registered phishing site and…
https://cryptoinsight.ae/compound-finance-site-potentially-breached-zachxbt/
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Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked.
On July 11, the security investigator published a post on Telegram telling the community to stay away from the website for the time being. According to ZachXBT, the website redirects to a newly registered phishing site and…
https://cryptoinsight.ae/compound-finance-site-potentially-breached-zachxbt/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a 2.0% change in the last 24 hours
Bitcoin ~ $58,102.31 (1.5%)
Ethereum ~ $3,135.74 (1.3%)
Solana ~ $139.04 (2.0%)
Polkadot ~ $6.22 (5.5%)
Flow ~ $0.5587 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a 2.0% change in the last 24 hours
Bitcoin ~ $58,102.31 (1.5%)
Ethereum ~ $3,135.74 (1.3%)
Solana ~ $139.04 (2.0%)
Polkadot ~ $6.22 (5.5%)
Flow ~ $0.5587 (2.4%)
Follow and subscribe - @GulfCryptoInsight
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Spot Bitcoin ETFs see highest flow day in over 5 weeks
United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5.
BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) saw most of the flows at $120 million and $115.1 million, respectively, Farside Investors data shows.
The Bitwise Bitcoin…
https://cryptoinsight.ae/spot-bitcoin-etfs-see-highest-flow-day-in-over-5-weeks/
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United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5.
BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) saw most of the flows at $120 million and $115.1 million, respectively, Farside Investors data shows.
The Bitwise Bitcoin…
https://cryptoinsight.ae/spot-bitcoin-etfs-see-highest-flow-day-in-over-5-weeks/
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German government offloads its final Bitcoin holdings
Germany’s government offloaded the last of its Bitcoin holdings on July 12, according to data from Arkham Intelligence.
The final transaction included 3,846 Bitcoin sent to “Flow Traders and 139Po,” which Arkham described as “likely institutional deposit/OTC service.” The transaction followed weeks of increased selling pressure from the German government, which offloaded tens of thousands…
https://cryptoinsight.ae/german-government-offloads-its-final-bitcoin-holdings/
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Germany’s government offloaded the last of its Bitcoin holdings on July 12, according to data from Arkham Intelligence.
The final transaction included 3,846 Bitcoin sent to “Flow Traders and 139Po,” which Arkham described as “likely institutional deposit/OTC service.” The transaction followed weeks of increased selling pressure from the German government, which offloaded tens of thousands…
https://cryptoinsight.ae/german-government-offloads-its-final-bitcoin-holdings/
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Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This past week, significant new developments were announced by industry-leading Web3 firms, including MetaMask, Polygon and StarkNet. Each revealed promising new infrastructure developments that could bolster mainstream…
https://cryptoinsight.ae/crypto-hacks-top-1-4b-metamask-streamlines-web3-onboarding-finance-redefined/
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This past week, significant new developments were announced by industry-leading Web3 firms, including MetaMask, Polygon and StarkNet. Each revealed promising new infrastructure developments that could bolster mainstream…
https://cryptoinsight.ae/crypto-hacks-top-1-4b-metamask-streamlines-web3-onboarding-finance-redefined/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Donald Trump memecoin spikes 52% following assassination attempt
The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged more than 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania.
The Ethereum-based MAGA memecoin spiked rapidly from a price of $6.31 to $10.36 immediately after the assassination attempt, seeing…
https://cryptoinsight.ae/donald-trump-memecoin-spikes-52-following-assassination-attempt/
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The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged more than 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania.
The Ethereum-based MAGA memecoin spiked rapidly from a price of $6.31 to $10.36 immediately after the assassination attempt, seeing…
https://cryptoinsight.ae/donald-trump-memecoin-spikes-52-following-assassination-attempt/
Website | Twitter | LinkedIn | Telegram
Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’
The price of Bitcoin has reclaimed ground above the $62,000 mark, and analysts say the worst of the selling could be over with German BTC sales over and Mt. Gox payments all but priced in.
Bitcoin has rallied 5.2% in the last 24 hours, bouncing off two-month lows of $53,500 on July 4, and is…
https://cryptoinsight.ae/bitcoin-reclaims-62k-analysts-say-worst-is-likely-behind-us/
Website | Twitter | LinkedIn | Telegram
The price of Bitcoin has reclaimed ground above the $62,000 mark, and analysts say the worst of the selling could be over with German BTC sales over and Mt. Gox payments all but priced in.
Bitcoin has rallied 5.2% in the last 24 hours, bouncing off two-month lows of $53,500 on July 4, and is…
https://cryptoinsight.ae/bitcoin-reclaims-62k-analysts-say-worst-is-likely-behind-us/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $64,109.93 (2.1%)
Ethereum ~ $3,446.37 (3.2%)
Solana ~ $157.52 (3.7%)
Polkadot ~ $6.41 (-1.2%)
Flow ~ $0.6127 (3.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $64,109.93 (2.1%)
Ethereum ~ $3,446.37 (3.2%)
Solana ~ $157.52 (3.7%)
Polkadot ~ $6.41 (-1.2%)
Flow ~ $0.6127 (3.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital gold
During a recent CNBC interview, the CEO of BlackRock, Larry Fink, said he was “wrong” about Bitcoin before calling the decentralized asset “digital gold” and a “legitimate” financial instrument.
The head of the $10.6-trillion asset management firm told CNBC’s Jim Cramer, “I was a skeptic, a proud skeptic,” before studying the nascent asset and changing…
https://cryptoinsight.ae/blackrocks-larry-fink-says-he-was-wrong-calls-bitcoin-digital-gold/
Website | Twitter | LinkedIn | Telegram
During a recent CNBC interview, the CEO of BlackRock, Larry Fink, said he was “wrong” about Bitcoin before calling the decentralized asset “digital gold” and a “legitimate” financial instrument.
The head of the $10.6-trillion asset management firm told CNBC’s Jim Cramer, “I was a skeptic, a proud skeptic,” before studying the nascent asset and changing…
https://cryptoinsight.ae/blackrocks-larry-fink-says-he-was-wrong-calls-bitcoin-digital-gold/
Website | Twitter | LinkedIn | Telegram
South Korea’s ruling party proposes delaying crypto tax to 2028
South Korea’s ruling party, the People’s Power Party, officially proposed delaying the implementation of the country’s tax on crypto trading profits.
On July 12, the party submitted the proposal and noted that current sentiment toward crypto assets was deteriorating. The description stated that rapidly imposing taxes on virtual assets is “not advisable at this time.”…
https://cryptoinsight.ae/south-koreas-ruling-party-proposes-delaying-crypto-tax-to-2028/
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South Korea’s ruling party, the People’s Power Party, officially proposed delaying the implementation of the country’s tax on crypto trading profits.
On July 12, the party submitted the proposal and noted that current sentiment toward crypto assets was deteriorating. The description stated that rapidly imposing taxes on virtual assets is “not advisable at this time.”…
https://cryptoinsight.ae/south-koreas-ruling-party-proposes-delaying-crypto-tax-to-2028/
Website | Twitter | LinkedIn | Telegram
Scammer returns $9.3M DAI to victim 10 months after phishing them
A phishing scammer has suddenly returned nearly $9.3 million to a victim after stealing $24 million from them in a phishing attack last September.
First noticed by Scam Sniffer on July 13, the scammer used Dai stablecoin to return the funds across two transactions last week.
The first transfer saw $5.23 million returned on July…
https://cryptoinsight.ae/scammer-returns-9-3m-dai-to-victim-10-months-after-phishing-them/
Website | Twitter | LinkedIn | Telegram
A phishing scammer has suddenly returned nearly $9.3 million to a victim after stealing $24 million from them in a phishing attack last September.
First noticed by Scam Sniffer on July 13, the scammer used Dai stablecoin to return the funds across two transactions last week.
The first transfer saw $5.23 million returned on July…
https://cryptoinsight.ae/scammer-returns-9-3m-dai-to-victim-10-months-after-phishing-them/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.52 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $65,542.55 (2.7%)
Ethereum ~ $3,485.13 (1.6%)
Solana ~ $161.16 (2.8%)
Polkadot ~ $6.46 (2.0%)
Flow ~ $0.6257 (3.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.52 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $65,542.55 (2.7%)
Ethereum ~ $3,485.13 (1.6%)
Solana ~ $161.16 (2.8%)
Polkadot ~ $6.46 (2.0%)
Flow ~ $0.6257 (3.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”
On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the…
https://cryptoinsight.ae/binances-bnb-chain-introduces-layer-2-testnet-powered-by-optimism-2/
Website | Twitter | LinkedIn | Telegram
Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”
On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the…
https://cryptoinsight.ae/binances-bnb-chain-introduces-layer-2-testnet-powered-by-optimism-2/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.49 Trillion, a -1.2% change in the last 24 hours
Bitcoin ~ $64,911.97 (-1.2%)
Ethereum ~ $3,434.68 (-2.1%)
Solana ~ $159.45 (-1.5%)
Polkadot ~ $6.38 (-1.3%)
Flow ~ $0.6231 (-0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.49 Trillion, a -1.2% change in the last 24 hours
Bitcoin ~ $64,911.97 (-1.2%)
Ethereum ~ $3,434.68 (-2.1%)
Solana ~ $159.45 (-1.5%)
Polkadot ~ $6.38 (-1.3%)
Flow ~ $0.6231 (-0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Is SocialFi the future of crypto? One SocialFi platform invites users to stay ahead of the curve
Pulse, an emerging SocialFi platform, seamlessly integrates trading and social experiences on Ethereum layer 2, providing advanced security while evangelizing community engagement.
Navigating Web2 social platforms has been nothing short of a battlefield for users and content creators alike. Centralized entities wield absolute decision-making power, resulting in changes that often neglect the broader community’s needs.…
https://cryptoinsight.ae/is-socialfi-the-future-of-crypto-one-socialfi-platform-invites-users-to-stay-ahead-of-the-curve/
Website | Twitter | LinkedIn | Telegram
Pulse, an emerging SocialFi platform, seamlessly integrates trading and social experiences on Ethereum layer 2, providing advanced security while evangelizing community engagement.
Navigating Web2 social platforms has been nothing short of a battlefield for users and content creators alike. Centralized entities wield absolute decision-making power, resulting in changes that often neglect the broader community’s needs.…
https://cryptoinsight.ae/is-socialfi-the-future-of-crypto-one-socialfi-platform-invites-users-to-stay-ahead-of-the-curve/
Website | Twitter | LinkedIn | Telegram
Trading on crypto exchanges fell for 3rd month straight in June: CCData
Trading volume on centralized crypto exchanges fell by 21.8% in June, marking the third consecutive month that combined spot and derivatives volumes have trended downward since March.
In a July 17 markets report CCData shared that the combined spot and derivatives volume across all centralized exchanges stood at $4.2 trillion in June, down 53% from…
https://cryptoinsight.ae/trading-on-crypto-exchanges-fell-for-3rd-month-straight-in-june-ccdata/
Website | Twitter | LinkedIn | Telegram
Trading volume on centralized crypto exchanges fell by 21.8% in June, marking the third consecutive month that combined spot and derivatives volumes have trended downward since March.
In a July 17 markets report CCData shared that the combined spot and derivatives volume across all centralized exchanges stood at $4.2 trillion in June, down 53% from…
https://cryptoinsight.ae/trading-on-crypto-exchanges-fell-for-3rd-month-straight-in-june-ccdata/
Website | Twitter | LinkedIn | Telegram