Hello there!
Day started from:
The global cryptocurrency market cap today is $1.22 Trillion, a 5.9% change in the last 24 hours
Bitcoin ~ $27,670.75 (6.5%)
Ethereum ~ $1,817.64 (6.0%)
Solana ~ $22.58 (12.4%)
Polkadot ~ $6.65 (6.7%)
Flow ~ $1.10 (6.3%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.22 Trillion, a 5.9% change in the last 24 hours
Bitcoin ~ $27,670.75 (6.5%)
Ethereum ~ $1,817.64 (6.0%)
Solana ~ $22.58 (12.4%)
Polkadot ~ $6.65 (6.7%)
Flow ~ $1.10 (6.3%)
Follow and subscribe - @GulfCryptoInsight
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Crypto market cap reclaims $1T, and derivatives point to further upside
Bitcoin’s performance has outpaced Warren Buffett’s Berkshire Hathaway over the past six months, with crypto markets appearing to have turned a corner.
The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained…
https://cryptoinsight.ae/crypto-market-cap-reclaims-1t-and-derivatives-point-to-further-upside/
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Bitcoin’s performance has outpaced Warren Buffett’s Berkshire Hathaway over the past six months, with crypto markets appearing to have turned a corner.
The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained…
https://cryptoinsight.ae/crypto-market-cap-reclaims-1t-and-derivatives-point-to-further-upside/
Website | Twitter | LinkedIn | Telegram
Microsoft reportedly testing Edge browser web3 wallet integration
The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge.
Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser.
In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed…
https://cryptoinsight.ae/microsoft-reportedly-testing-edge-browser-web3-wallet-integration/
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The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge.
Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser.
In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed…
https://cryptoinsight.ae/microsoft-reportedly-testing-edge-browser-web3-wallet-integration/
Website | Twitter | LinkedIn | Telegram
More 186 US banks well-positioned for collapse, SVB analysis reveals
Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability.
The perfect mix of losses, uninsured leverage and a greater loan portfolio, among other factors, resulted in the fall of Silicon Valley Bank…
https://cryptoinsight.ae/more-186-us-banks-well-positioned-for-collapse-svb-analysis-reveals/
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Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability.
The perfect mix of losses, uninsured leverage and a greater loan portfolio, among other factors, resulted in the fall of Silicon Valley Bank…
https://cryptoinsight.ae/more-186-us-banks-well-positioned-for-collapse-svb-analysis-reveals/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $27,216.10 (-1.6%)
Ethereum ~ $1,787.07 (-1.8%)
Solana ~ $21.87 (-3.3%)
Polkadot ~ $6.47 (-2.7%)
Flow ~ $1.07 (-2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $27,216.10 (-1.6%)
Ethereum ~ $1,787.07 (-1.8%)
Solana ~ $21.87 (-3.3%)
Polkadot ~ $6.47 (-2.7%)
Flow ~ $1.07 (-2.8%)
Follow and subscribe - @GulfCryptoInsight
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Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.
Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17.
The wager was…
https://cryptoinsight.ae/former-coinbase-cto-makes-2m-bet-on-bitcoins-performance/
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Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.
Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17.
The wager was…
https://cryptoinsight.ae/former-coinbase-cto-makes-2m-bet-on-bitcoins-performance/
Website | Twitter | LinkedIn | Telegram
What are distributed systems, and how do they work?
What is a distributed system?
A distributed system is a collection of independent computers that appear to the user as a single coherent system.
To accomplish a common objective, the computers in a distributed system communicate with one another. A distributed system’s computers may be housed in one physical place or dispersed across several regions.…
https://cryptoinsight.ae/what-are-distributed-systems-and-how-do-they-work/
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What is a distributed system?
A distributed system is a collection of independent computers that appear to the user as a single coherent system.
To accomplish a common objective, the computers in a distributed system communicate with one another. A distributed system’s computers may be housed in one physical place or dispersed across several regions.…
https://cryptoinsight.ae/what-are-distributed-systems-and-how-do-they-work/
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What are the Howey test and its implications for cryptocurrency?
The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more.
What is the Howey test?
The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by…
https://cryptoinsight.ae/what-are-the-howey-test-and-its-implications-for-cryptocurrency/
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The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more.
What is the Howey test?
The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by…
https://cryptoinsight.ae/what-are-the-howey-test-and-its-implications-for-cryptocurrency/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.21 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $27,760.35 (2.1%)
Ethereum ~ $1,773.92 (-0.7%)
Solana ~ $22.43 (2.6%)
Polkadot ~ $6.38 (-1.3%)
Flow ~ $1.07 (0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.21 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $27,760.35 (2.1%)
Ethereum ~ $1,773.92 (-0.7%)
Solana ~ $22.43 (2.6%)
Polkadot ~ $6.38 (-1.3%)
Flow ~ $1.07 (0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Beware of fake Arbitrum Airdrops, community warns
The community has warned others to stay vigilant after reports of phishing websites and scams offering Arbitrum Airdrop tokens.
Ethereum layer-2 scaling solution Arbitrum’s upcoming “ARB” token Airdrop appears to have become a popular target for scammers, with the community warning of hundreds of phishing scams aimed at tricking crypto users.
Announced in a March…
https://cryptoinsight.ae/beware-of-fake-arbitrum-airdrops-community-warns/
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The community has warned others to stay vigilant after reports of phishing websites and scams offering Arbitrum Airdrop tokens.
Ethereum layer-2 scaling solution Arbitrum’s upcoming “ARB” token Airdrop appears to have become a popular target for scammers, with the community warning of hundreds of phishing scams aimed at tricking crypto users.
Announced in a March…
https://cryptoinsight.ae/beware-of-fake-arbitrum-airdrops-community-warns/
Website | Twitter | LinkedIn | Telegram
DefiLlama forked as internal dispute unfolds
A disagreement over the launch of a LLAMA token led core employees to fork DefiLlama blockchain on March 19.
A dispute has taken place within the decentralized finance analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend.
The dispute centers on the company’s plans to launch a…
https://cryptoinsight.ae/defillama-forked-as-internal-dispute-unfolds/
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A disagreement over the launch of a LLAMA token led core employees to fork DefiLlama blockchain on March 19.
A dispute has taken place within the decentralized finance analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend.
The dispute centers on the company’s plans to launch a…
https://cryptoinsight.ae/defillama-forked-as-internal-dispute-unfolds/
Website | Twitter | LinkedIn | Telegram
Binance’s response to U.S. Senators lacks financial information: Report
Binance’s Patrick Hillman answered a letter from United States Senators requesting information on Binance’s operations in the country and its relationship with Binance.US.
Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet.
According to a report on March…
https://cryptoinsight.ae/binances-response-to-u-s-senators-lacks-financial-information-report/
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Binance’s Patrick Hillman answered a letter from United States Senators requesting information on Binance’s operations in the country and its relationship with Binance.US.
Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet.
According to a report on March…
https://cryptoinsight.ae/binances-response-to-u-s-senators-lacks-financial-information-report/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $27,924.85 (0.5%)
Ethereum ~ $1,749.98 (-1.4%)
Solana ~ $22.46 (-0.0%)
Polkadot ~ $6.18 (-3.1%)
Flow ~ $1.11 (3.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $27,924.85 (0.5%)
Ethereum ~ $1,749.98 (-1.4%)
Solana ~ $22.46 (-0.0%)
Polkadot ~ $6.18 (-3.1%)
Flow ~ $1.11 (3.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago.
The Crypto Fear and Greed Index has hit its highest index score this year, reaching levels not seen since Bitcoin posted its all-time high in November 2021.
A March 20 update…
https://cryptoinsight.ae/crypto-fear-and-greed-index-hits-highest-level-since-bitcoins-all-time-high/
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Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago.
The Crypto Fear and Greed Index has hit its highest index score this year, reaching levels not seen since Bitcoin posted its all-time high in November 2021.
A March 20 update…
https://cryptoinsight.ae/crypto-fear-and-greed-index-hits-highest-level-since-bitcoins-all-time-high/
Website | Twitter | LinkedIn | Telegram
Manta Network seeks to bring privacy to nonfungible crypto assets with new NPO platform
The new NFT Private Offering platform will enable users to mint nonfungible tokens and soulbound tokens while maintaining the privacy of their crypto assets.
Zero-knowledge layer 1 blockchain Manta Network announced on March 20 that it had added support for assets, including nonfungible tokens (NFTs) and soulbound tokens (SBTs), to its protocol. The MantaPay protocol,…
https://cryptoinsight.ae/manta-network-seeks-to-bring-privacy-to-nonfungible-crypto-assets-with-new-npo-platform/
Website | Twitter | LinkedIn | Telegram
The new NFT Private Offering platform will enable users to mint nonfungible tokens and soulbound tokens while maintaining the privacy of their crypto assets.
Zero-knowledge layer 1 blockchain Manta Network announced on March 20 that it had added support for assets, including nonfungible tokens (NFTs) and soulbound tokens (SBTs), to its protocol. The MantaPay protocol,…
https://cryptoinsight.ae/manta-network-seeks-to-bring-privacy-to-nonfungible-crypto-assets-with-new-npo-platform/
Website | Twitter | LinkedIn | Telegram
US exploring ways to guarantee the country’s 18T of bank deposits: Report
The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.
U.S. officials are reportedly studying ways to expand the current scope of deposit insurance that would guarantee all U.S. bank deposits should the current banking crisis worsen.
The current deposit insurance cap under the…
https://cryptoinsight.ae/us-exploring-ways-to-guarantee-the-countrys-18t-of-bank-deposits-report/
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The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.
U.S. officials are reportedly studying ways to expand the current scope of deposit insurance that would guarantee all U.S. bank deposits should the current banking crisis worsen.
The current deposit insurance cap under the…
https://cryptoinsight.ae/us-exploring-ways-to-guarantee-the-countrys-18t-of-bank-deposits-report/
Website | Twitter | LinkedIn | 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
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
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 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/
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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
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