Jack Dorsey and Jay-Z launch ‘Bitcoin Academy’ in Brooklyn
Twitter founder Jack Dorsey and rapper Shawn “Jay-Z” Carter will fund a Bitcoin education program for residents of Marcy Houses, a public housing complex in Brooklyn where Jay-Z grew up. Dorsey said he thinks Bitcoin can be an important tool in empowering marginalized communities.
Starting this summer, residents of Marcy Houses in Brooklyn will be…
https://cryptoinsight.ae/jack-dorsey-and-jay-z-launch-bitcoin-academy-in-brooklyn/
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Twitter founder Jack Dorsey and rapper Shawn “Jay-Z” Carter will fund a Bitcoin education program for residents of Marcy Houses, a public housing complex in Brooklyn where Jay-Z grew up. Dorsey said he thinks Bitcoin can be an important tool in empowering marginalized communities.
Starting this summer, residents of Marcy Houses in Brooklyn will be…
https://cryptoinsight.ae/jack-dorsey-and-jay-z-launch-bitcoin-academy-in-brooklyn/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a -7.3% change in the last 24 hours
Bitcoin ~ $25,309.53 (-7.7%)
Ethereum ~ $1,325.61 (-7.7%)
Solana ~ $27.86 (-12.7%)
Polkadot ~ $6.91 (-9.0%)
Flow ~ $1.65 (-11.1%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a -7.3% change in the last 24 hours
Bitcoin ~ $25,309.53 (-7.7%)
Ethereum ~ $1,325.61 (-7.7%)
Solana ~ $27.86 (-12.7%)
Polkadot ~ $6.91 (-9.0%)
Flow ~ $1.65 (-11.1%)
Follow and subscribe - @GulfCryptoInsight
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Roland Berger partners with Crypto Oasis to boost crypto economy in the Gulf region
Roland Berger, a global strategy and management consultancy, has partnered with Crypto Oasis to join its efforts to boost the Gulf region’s blockchain and decentralized technologies ecosystem. The news comes two weeks after Crypto Oasis said it has already identified over 1,000 blockchain organizations in the UAE amid the exponential growth of the ecosystem, updating…
https://cryptoinsight.ae/roland-berger-partners-with-crypto-oasis-to-boost-crypto-economy-in-the-gulf-region/
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Roland Berger, a global strategy and management consultancy, has partnered with Crypto Oasis to join its efforts to boost the Gulf region’s blockchain and decentralized technologies ecosystem. The news comes two weeks after Crypto Oasis said it has already identified over 1,000 blockchain organizations in the UAE amid the exponential growth of the ecosystem, updating…
https://cryptoinsight.ae/roland-berger-partners-with-crypto-oasis-to-boost-crypto-economy-in-the-gulf-region/
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Crypto Trends Weekly June 4 – 10
Breaking crypto news from the last week (June 4 – 10, 2022):
June 4: The Dubai-based real estate developer, DAMAC Properties, has completed cryptocurrency deals worth $50 million since the beginning of 2022, the company’s COO Ali Sajwani revealed.
June 5: The Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that…
https://cryptoinsight.ae/crypto-trends-weekly-june-4-10/
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Breaking crypto news from the last week (June 4 – 10, 2022):
June 4: The Dubai-based real estate developer, DAMAC Properties, has completed cryptocurrency deals worth $50 million since the beginning of 2022, the company’s COO Ali Sajwani revealed.
June 5: The Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that…
https://cryptoinsight.ae/crypto-trends-weekly-june-4-10/
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SEC investigates TerraUSD stablecoin crash
The US Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor-protection regulations. The lawyers for the SEC are seeing whether Terraform Labs, which is behind the coin, broke the rules for securities and investment products.
According to a Bloomberg source, the regulator’s enforcement…
https://cryptoinsight.ae/sec-investigates-terrausd-stablecoin-crash/
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The US Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor-protection regulations. The lawyers for the SEC are seeing whether Terraform Labs, which is behind the coin, broke the rules for securities and investment products.
According to a Bloomberg source, the regulator’s enforcement…
https://cryptoinsight.ae/sec-investigates-terrausd-stablecoin-crash/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1 Trillion, a -8.0% change in the last 24 hours
Bitcoin ~ $22,742.05 (-9.8%)
Ethereum ~ $1,220.75 (-7.9%)
Solana ~ $30.40 (9.1%)
Polkadot ~ $7.35 (6.3%)
Flow ~ $1.62 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1 Trillion, a -8.0% change in the last 24 hours
Bitcoin ~ $22,742.05 (-9.8%)
Ethereum ~ $1,220.75 (-7.9%)
Solana ~ $30.40 (9.1%)
Polkadot ~ $7.35 (6.3%)
Flow ~ $1.62 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin plunges under $23,000 as crypto market cap falls below $1 trillion
Bitcoin slumped to below $23,000, while the big crypto lender Celsius halted withdrawal. For the first time since early 2021, the overall crypto market capitalization fell below $1 trillion, amid traditional markets also came under severe pressure.
On Monday, Bitcoin suffered its largest price drop in 2022 as signs emerged that the steep correction in…
https://cryptoinsight.ae/bitcoin-plunges-under-23000-as-crypto-market-cap-falls-below-1-trillion/
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Bitcoin slumped to below $23,000, while the big crypto lender Celsius halted withdrawal. For the first time since early 2021, the overall crypto market capitalization fell below $1 trillion, amid traditional markets also came under severe pressure.
On Monday, Bitcoin suffered its largest price drop in 2022 as signs emerged that the steep correction in…
https://cryptoinsight.ae/bitcoin-plunges-under-23000-as-crypto-market-cap-falls-below-1-trillion/
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NFT prices sink, but overall NFT sales are on the rise
Due to the crypto market being down, Bored Apes, Moonbirds, and other top NFT collections are losing value, but NFT sales are rising as collectors appear to be taking advantage of lower prices.
As the crypto market is down with a 14% drop in overall value over the last 24 hours, Bitcoin lost 16%, and…
https://cryptoinsight.ae/nft-prices-sink-but-overall-nft-sales-are-on-the-rise/
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Due to the crypto market being down, Bored Apes, Moonbirds, and other top NFT collections are losing value, but NFT sales are rising as collectors appear to be taking advantage of lower prices.
As the crypto market is down with a 14% drop in overall value over the last 24 hours, Bitcoin lost 16%, and…
https://cryptoinsight.ae/nft-prices-sink-but-overall-nft-sales-are-on-the-rise/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $944 Billion, a -6.0% change in the last 24 hours
Bitcoin ~ $21,248.25 (-6.0%)
Ethereum ~ $1,124.99 (-7.6%)
Solana ~ $28.16 (-7.1%)
Polkadot ~ $7.19 (-1.7%)
Flow ~ $1.49 (-7.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $944 Billion, a -6.0% change in the last 24 hours
Bitcoin ~ $21,248.25 (-6.0%)
Ethereum ~ $1,124.99 (-7.6%)
Solana ~ $28.16 (-7.1%)
Polkadot ~ $7.19 (-1.7%)
Flow ~ $1.49 (-7.4%)
Follow and subscribe - @GulfCryptoInsight
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Web3 DeCode: Future of the internet at the Gulf News event in Dubai
Gulf News has announced that it will be hosting Web3 DeCode, a two-day exhibition at the Grand Hyatt in Dubai, on June 25 and 26.
To raise awareness of Web3 technology, its ascension in emerging markets like the UAE plus its impact on innovation, and life, as we know it, Gulf News is hosting Web3…
https://cryptoinsight.ae/web3-decode-future-of-the-internet-at-the-gulf-news-event-in-dubai/
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Gulf News has announced that it will be hosting Web3 DeCode, a two-day exhibition at the Grand Hyatt in Dubai, on June 25 and 26.
To raise awareness of Web3 technology, its ascension in emerging markets like the UAE plus its impact on innovation, and life, as we know it, Gulf News is hosting Web3…
https://cryptoinsight.ae/web3-decode-future-of-the-internet-at-the-gulf-news-event-in-dubai/
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Mike Novogratz says the crypto market is nearing a bottom
Mike Novogratz, the CEO of the institutional crypto investment firm Galaxy Digital, said that the bottom might be near after the recent market turmoil. He is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s.
“We’ve gone to a level that should be…
https://cryptoinsight.ae/mike-novogratz-says-the-crypto-market-is-nearing-a-bottom/
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Mike Novogratz, the CEO of the institutional crypto investment firm Galaxy Digital, said that the bottom might be near after the recent market turmoil. He is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s.
“We’ve gone to a level that should be…
https://cryptoinsight.ae/mike-novogratz-says-the-crypto-market-is-nearing-a-bottom/
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Despite ‘crypto winter,’ billionaire Steven Cohen keeps investing in DeFi
While the crypto market has lost $2 trillion in value since November 2021, the venture arm of the $22 billion hedge fund run by Steve Cohen, the man who inspired the “Billions” TV show, last week announced it had invested in its fifth crypto company, a decentralized finance firm that provides data and trade execution…
https://cryptoinsight.ae/despite-crypto-winter-billionaire-steven-cohen-keeps-investing-in-defi/
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While the crypto market has lost $2 trillion in value since November 2021, the venture arm of the $22 billion hedge fund run by Steve Cohen, the man who inspired the “Billions” TV show, last week announced it had invested in its fifth crypto company, a decentralized finance firm that provides data and trade execution…
https://cryptoinsight.ae/despite-crypto-winter-billionaire-steven-cohen-keeps-investing-in-defi/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $986 Billion, a 5.1% change in the last 24 hours
Bitcoin ~ $21,972.37 (4.2%)
Ethereum ~ $1,186.13 (6.5%)
Solana ~ $33.72 (20.5%)
Polkadot ~ $7.98 (11.7%)
Flow ~ $1.61 (9.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $986 Billion, a 5.1% change in the last 24 hours
Bitcoin ~ $21,972.37 (4.2%)
Ethereum ~ $1,186.13 (6.5%)
Solana ~ $33.72 (20.5%)
Polkadot ~ $7.98 (11.7%)
Flow ~ $1.61 (9.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin surges following the US Fed raise rates at the highest level since 1994
Bitcoin’s price fluctuated after the Federal Reserve announced further monetary tightening on June 15, falling to as low as $20,270 after the Fed’s statement. But an hour after the announcement, the cryptocurrency was traded at $21,444.
As a long-awaited step, the Fed announced that it will raise the fed-funds rate, the interest rate at which…
https://cryptoinsight.ae/bitcoin-surges-following-the-us-fed-raise-rates-at-the-highest-level-since-1994/
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Bitcoin’s price fluctuated after the Federal Reserve announced further monetary tightening on June 15, falling to as low as $20,270 after the Fed’s statement. But an hour after the announcement, the cryptocurrency was traded at $21,444.
As a long-awaited step, the Fed announced that it will raise the fed-funds rate, the interest rate at which…
https://cryptoinsight.ae/bitcoin-surges-following-the-us-fed-raise-rates-at-the-highest-level-since-1994/
Website | Twitter | LinkedIn | Telegram
Kraken and Binance accelerate hiring drive amid crypto industry’s job cuts
Crypto exchanges Binance and Kraken, reportedly along with layer-2 sidechain Polygon, are looking to add staff amid crashing crypto markets. While Coinbase, BlockFi, and Crypto.com are among the crypto-related companies announcing layoffs this week.
The US-based crypto exchange Kraken revealed on June 15 that it has not altered its recruiting strategy and does not expect…
https://cryptoinsight.ae/kraken-and-binance-accelerate-hiring-drive-amid-crypto-industrys-job-cuts/
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Crypto exchanges Binance and Kraken, reportedly along with layer-2 sidechain Polygon, are looking to add staff amid crashing crypto markets. While Coinbase, BlockFi, and Crypto.com are among the crypto-related companies announcing layoffs this week.
The US-based crypto exchange Kraken revealed on June 15 that it has not altered its recruiting strategy and does not expect…
https://cryptoinsight.ae/kraken-and-binance-accelerate-hiring-drive-amid-crypto-industrys-job-cuts/
Website | Twitter | LinkedIn | Telegram
Solv Protocol: The Middle East Is a Remarkable Place to Build DeFi platforms
With the emergence of decentralized finance (DeFi), NFTs that broadly represent financial ownership and rights, often dubbed “financial NFTs,” are showcasing exciting use cases of NFTs the space has never seen.
Solv Protocol, a DeFi startup, is a platform for creating, managing, and trading financial NFTs, or Vouchers.
“The most pressing problem in the emerging…
https://cryptoinsight.ae/solv-protocol-the-middle-east-is-a-remarkable-place-to-build-defi-platforms/
Website | Twitter | LinkedIn | Telegram
With the emergence of decentralized finance (DeFi), NFTs that broadly represent financial ownership and rights, often dubbed “financial NFTs,” are showcasing exciting use cases of NFTs the space has never seen.
Solv Protocol, a DeFi startup, is a platform for creating, managing, and trading financial NFTs, or Vouchers.
“The most pressing problem in the emerging…
https://cryptoinsight.ae/solv-protocol-the-middle-east-is-a-remarkable-place-to-build-defi-platforms/
Website | Twitter | LinkedIn | Telegram
71% of the world’s wealthiest individuals have invested in crypto, a survey says
A new survey from Capgemini revealed that 71% of high-net-worth individuals (HNWI) around the world have invested in cryptocurrencies and other digital assets. The survey also has advised wealth management firms to prioritize providing education and advice.
On June 14, technology consulting company Capgemini released its 2022 World Wealth Report. It polled 2,973 global HNWIs,…
https://cryptoinsight.ae/71-of-the-worlds-wealthiest-individuals-have-invested-in-crypto-a-survey-says/
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A new survey from Capgemini revealed that 71% of high-net-worth individuals (HNWI) around the world have invested in cryptocurrencies and other digital assets. The survey also has advised wealth management firms to prioritize providing education and advice.
On June 14, technology consulting company Capgemini released its 2022 World Wealth Report. It polled 2,973 global HNWIs,…
https://cryptoinsight.ae/71-of-the-worlds-wealthiest-individuals-have-invested-in-crypto-a-survey-says/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $940 Billion, a -5.5% change in the last 24 hours
Bitcoin ~ $20,810.98 (-5.5%)
Ethereum ~ $1,099.45 (-7.3%)
Solana ~ $30.87 (-8.6%)
Polkadot ~ $7.28 (-9.0%)
Flow ~ $1.45 (-9.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $940 Billion, a -5.5% change in the last 24 hours
Bitcoin ~ $20,810.98 (-5.5%)
Ethereum ~ $1,099.45 (-7.3%)
Solana ~ $30.87 (-8.6%)
Polkadot ~ $7.28 (-9.0%)
Flow ~ $1.45 (-9.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $926 Billion, a -1.5% change in the last 24 hours
Bitcoin ~ $20,428.95 (-1.8%)
Ethereum ~ $1,078.65 (-1.9%)
Solana ~ $30.08 (-2.5%)
Polkadot ~ $7.18 (-1.4%)
Flow ~ $1.40 (-3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $926 Billion, a -1.5% change in the last 24 hours
Bitcoin ~ $20,428.95 (-1.8%)
Ethereum ~ $1,078.65 (-1.9%)
Solana ~ $30.08 (-2.5%)
Polkadot ~ $7.18 (-1.4%)
Flow ~ $1.40 (-3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Immutable launches $500 million fund to boost its Web3 and GameFi ecosystem
The NFT and Web3 gaming-focused crypto startup Immutable announced Friday that it has launched a $500 million ecosystem development fund to accelerate the adoption of promising Web3 projects building on its Ethereum Layer 2 scaling platform, Immutable X.
“The Immutable Developer and Venture Fund,” which is a mix of both cash and Immutable X’s native…
https://cryptoinsight.ae/immutable-launches-500-million-fund-to-boost-its-web3-and-gamefi-ecosystem/
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The NFT and Web3 gaming-focused crypto startup Immutable announced Friday that it has launched a $500 million ecosystem development fund to accelerate the adoption of promising Web3 projects building on its Ethereum Layer 2 scaling platform, Immutable X.
“The Immutable Developer and Venture Fund,” which is a mix of both cash and Immutable X’s native…
https://cryptoinsight.ae/immutable-launches-500-million-fund-to-boost-its-web3-and-gamefi-ecosystem/
Website | Twitter | LinkedIn | Telegram