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 ~ $28,641.49 (3.7%)
Ethereum ~ $1,800.62 (0.4%)
Solana ~ $21.08 (0.7%)
Polkadot ~ $6.20 (0.1%)
Flow ~ $0.985392 (2.6%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.23 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $28,641.49 (3.7%)
Ethereum ~ $1,800.62 (0.4%)
Solana ~ $21.08 (0.7%)
Polkadot ~ $6.20 (0.1%)
Flow ~ $0.985392 (2.6%)
Follow and subscribe - @GulfCryptoInsight
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SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’
United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
United States Securities and Exchange Commission Chair Gary Gensler has thrown his support behind U.S. President Joe Biden’s request to allocate a record $2.4 billion…
https://cryptoinsight.ae/secs-gensler-seeks-2-4b-in-funding-to-chase-down-crypto-misconduct/
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United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
United States Securities and Exchange Commission Chair Gary Gensler has thrown his support behind U.S. President Joe Biden’s request to allocate a record $2.4 billion…
https://cryptoinsight.ae/secs-gensler-seeks-2-4b-in-funding-to-chase-down-crypto-misconduct/
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ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests
ARB’s price trajectory looks similar to MATIC after its market debut when MATIC rose 1,350% after facing a brutal selloff in its early days of trading.
The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set…
https://cryptoinsight.ae/arb-price-to-2-ethereum-l2-rival-arbitrum-will-double-in-april-fractal-suggests/
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ARB’s price trajectory looks similar to MATIC after its market debut when MATIC rose 1,350% after facing a brutal selloff in its early days of trading.
The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set…
https://cryptoinsight.ae/arb-price-to-2-ethereum-l2-rival-arbitrum-will-double-in-april-fractal-suggests/
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Arbitrum airdrop-related selling subsides, but DApp use sustains while smart money accumulates ARB
The ARB airdrop followed the sell-the-news narrative, but Arbitrum’s DApp use and fundamentals remain strong and smart money continues to buy ARB tokens.
The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with…
https://cryptoinsight.ae/arbitrum-airdrop-related-selling-subsides-but-dapp-use-sustains-while-smart-money-accumulates-arb/
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The ARB airdrop followed the sell-the-news narrative, but Arbitrum’s DApp use and fundamentals remain strong and smart money continues to buy ARB tokens.
The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with…
https://cryptoinsight.ae/arbitrum-airdrop-related-selling-subsides-but-dapp-use-sustains-while-smart-money-accumulates-arb/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.22 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $28,092.39 (-1.8%)
Ethereum ~ $1,799.85 (0.2%)
Solana ~ $20.42 (-2.7%)
Polkadot ~ $6.20 (0.2%)
Flow ~ $0.962007 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.22 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $28,092.39 (-1.8%)
Ethereum ~ $1,799.85 (0.2%)
Solana ~ $20.42 (-2.7%)
Polkadot ~ $6.20 (0.2%)
Flow ~ $0.962007 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
UK government announces ‘robust’ crypto regulation as part of economic crime plan
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement’s ability to seize and store assets.
The government of the United Kingdom has laid out plans to step up regulation of crypto assets in its efforts to respond to economic crime in the…
https://cryptoinsight.ae/uk-government-announces-robust-crypto-regulation-as-part-of-economic-crime-plan/
Website | Twitter | LinkedIn | Telegram
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement’s ability to seize and store assets.
The government of the United Kingdom has laid out plans to step up regulation of crypto assets in its efforts to respond to economic crime in the…
https://cryptoinsight.ae/uk-government-announces-robust-crypto-regulation-as-part-of-economic-crime-plan/
Website | Twitter | LinkedIn | Telegram
DAO treasuries top $25 billion for the first time: DeepDAO
Assets held in DAO treasuries have more than doubled since the beginning of 2023, according to DeepDAO.
Decentralized autonomous organization (DAO) treasuries are rapidly growing, having just surpassed a major milestone, according to DeepDAO.
According to figures from the DAO data platform, on March 31, total assets for all decentralized autonomous organizations reached a record…
https://cryptoinsight.ae/dao-treasuries-top-25-billion-for-the-first-time-deepdao/
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Assets held in DAO treasuries have more than doubled since the beginning of 2023, according to DeepDAO.
Decentralized autonomous organization (DAO) treasuries are rapidly growing, having just surpassed a major milestone, according to DeepDAO.
According to figures from the DAO data platform, on March 31, total assets for all decentralized autonomous organizations reached a record…
https://cryptoinsight.ae/dao-treasuries-top-25-billion-for-the-first-time-deepdao/
Website | Twitter | LinkedIn | Telegram
Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches
The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near.
ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using…
https://cryptoinsight.ae/australian-big-four-bank-anz-halts-cash-withdrawals-from-many-branches/
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The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near.
ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using…
https://cryptoinsight.ae/australian-big-four-bank-anz-halts-cash-withdrawals-from-many-branches/
Website | Twitter | LinkedIn | Telegram
Russia talks up prospects of BRICS countries developing new currency
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.
A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.
According to reports, a top Russian official has claimed that the BRICS alliance is working on creating…
https://cryptoinsight.ae/russia-talks-up-prospects-of-brics-countries-developing-new-currency/
Website | Twitter | LinkedIn | Telegram
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.
A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.
According to reports, a top Russian official has claimed that the BRICS alliance is working on creating…
https://cryptoinsight.ae/russia-talks-up-prospects-of-brics-countries-developing-new-currency/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.24 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $28,527.64 (1.5%)
Ethereum ~ $1,823.35 (1.3%)
Solana ~ $21.07 (3.1%)
Polkadot ~ $6.29 (1.4%)
Flow ~ $0.992550 (3.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.24 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $28,527.64 (1.5%)
Ethereum ~ $1,823.35 (1.3%)
Solana ~ $21.07 (3.1%)
Polkadot ~ $6.29 (1.4%)
Flow ~ $0.992550 (3.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
El Salvador removes all taxes related to tech innovation for economic growth
Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador.
El Salvador, the first country to establish Bitcoin as a legal tender, made another historic decision to eliminate all taxes on technology innovations. The move runs parallel to the establishment…
https://cryptoinsight.ae/el-salvador-removes-all-taxes-related-to-tech-innovation-for-economic-growth/
Website | Twitter | LinkedIn | Telegram
Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador.
El Salvador, the first country to establish Bitcoin as a legal tender, made another historic decision to eliminate all taxes on technology innovations. The move runs parallel to the establishment…
https://cryptoinsight.ae/el-salvador-removes-all-taxes-related-to-tech-innovation-for-economic-growth/
Website | Twitter | LinkedIn | Telegram
Bermuda still open to crypto firms, says premier: Report
Bermuda’s Edward Burt reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets.
The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with…
https://cryptoinsight.ae/bermuda-still-open-to-crypto-firms-says-premier-report/
Website | Twitter | LinkedIn | Telegram
Bermuda’s Edward Burt reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets.
The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with…
https://cryptoinsight.ae/bermuda-still-open-to-crypto-firms-says-premier-report/
Website | Twitter | LinkedIn | Telegram
Crypto exchange Bittrex to wind down operations in the US
The exchange shared that all customer funds are safe but advised its U.S. customers to withdraw their funds by April 30, 2023.
Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary,…
https://cryptoinsight.ae/crypto-exchange-bittrex-to-wind-down-operations-in-the-us/
Website | Twitter | LinkedIn | Telegram
The exchange shared that all customer funds are safe but advised its U.S. customers to withdraw their funds by April 30, 2023.
Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary,…
https://cryptoinsight.ae/crypto-exchange-bittrex-to-wind-down-operations-in-the-us/
Website | Twitter | LinkedIn | Telegram
Here’s how the crypto industry is using artificial intelligence
The rise of artificial intelligence, though in its early stages, has found use cases in crypto through countless projects.
The use of artificial intelligence (AI) in crypto, though still in its infant stages, is showing prospects for growth. According to a report from Fortune Business Insights, the blockchain AI market is projected to grow from…
https://cryptoinsight.ae/heres-how-the-crypto-industry-is-using-artificial-intelligence/
Website | Twitter | LinkedIn | Telegram
The rise of artificial intelligence, though in its early stages, has found use cases in crypto through countless projects.
The use of artificial intelligence (AI) in crypto, though still in its infant stages, is showing prospects for growth. According to a report from Fortune Business Insights, the blockchain AI market is projected to grow from…
https://cryptoinsight.ae/heres-how-the-crypto-industry-is-using-artificial-intelligence/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.23 Trillion, a -0.1% change in the last 24 hours
Bitcoin ~ $28,482.43 (-0.1%)
Ethereum ~ $1,820.84 (-0.1%)
Solana ~ $21.08 (0.1%)
Polkadot ~ $6.42 (2.1%)
Flow ~ $0.998915 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.23 Trillion, a -0.1% change in the last 24 hours
Bitcoin ~ $28,482.43 (-0.1%)
Ethereum ~ $1,820.84 (-0.1%)
Solana ~ $21.08 (0.1%)
Polkadot ~ $6.42 (2.1%)
Flow ~ $0.998915 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
US crackdown will push crypto’s ‘center of gravity’ to Hong Kong: Kaiko CEO
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments.
The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market…
https://cryptoinsight.ae/us-crackdown-will-push-cryptos-center-of-gravity-to-hong-kong-kaiko-ceo/
Website | Twitter | LinkedIn | Telegram
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments.
The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market…
https://cryptoinsight.ae/us-crackdown-will-push-cryptos-center-of-gravity-to-hong-kong-kaiko-ceo/
Website | Twitter | LinkedIn | Telegram
Binance vs. CFTC: Latest court battle could alter crypto landscape in US
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits.
Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or bypass such roadblocks and eventually work with regulators.…
https://cryptoinsight.ae/binance-vs-cftc-latest-court-battle-could-alter-crypto-landscape-in-us/
Website | Twitter | LinkedIn | Telegram
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits.
Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or bypass such roadblocks and eventually work with regulators.…
https://cryptoinsight.ae/binance-vs-cftc-latest-court-battle-could-alter-crypto-landscape-in-us/
Website | Twitter | LinkedIn | Telegram
Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts.
Binance’s native stablecoin — Binance USD — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms.
However, on…
https://cryptoinsight.ae/do-algorithmic-stablecoins-have-a-future-as-centralized-coins-are-under-scrutiny/
Website | Twitter | LinkedIn | Telegram
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts.
Binance’s native stablecoin — Binance USD — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms.
However, on…
https://cryptoinsight.ae/do-algorithmic-stablecoins-have-a-future-as-centralized-coins-are-under-scrutiny/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $27,717.20 (-2.7%)
Ethereum ~ $1,781.86 (-2.3%)
Solana ~ $20.12 (-4.5%)
Polkadot ~ $6.19 (-3.5%)
Flow ~ $0.966646 (-3.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $27,717.20 (-2.7%)
Ethereum ~ $1,781.86 (-2.3%)
Solana ~ $20.12 (-4.5%)
Polkadot ~ $6.19 (-3.5%)
Flow ~ $0.966646 (-3.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin copying ‘familiar’ price trend in 2023, two more metrics show
The SLRV Ribbons and Bitcoin Yardstick tools both reveal copycat behavior from 2019 when it comes to Bitcoin price recovery.
Bitcoin is on the road to a new bull market and should deliver serious returns in the process, fresh analysis reveals.
In a tweet on April 2, Charles Edwards, founder of Bitcoin and digital asset…
https://cryptoinsight.ae/bitcoin-copying-familiar-price-trend-in-2023-two-more-metrics-show/
Website | Twitter | LinkedIn | Telegram
The SLRV Ribbons and Bitcoin Yardstick tools both reveal copycat behavior from 2019 when it comes to Bitcoin price recovery.
Bitcoin is on the road to a new bull market and should deliver serious returns in the process, fresh analysis reveals.
In a tweet on April 2, Charles Edwards, founder of Bitcoin and digital asset…
https://cryptoinsight.ae/bitcoin-copying-familiar-price-trend-in-2023-two-more-metrics-show/
Website | Twitter | LinkedIn | Telegram