Hello there!
Day started from:
The global cryptocurrency market cap today is $843 Billion, a -9.2% change in the last 24 hours
Bitcoin ~ $18,164.85 (-11.0%)
Ethereum ~ $946.32 (-12.3%)
Solana ~ $29.32 (-2.5%)
Polkadot ~ $6.86 (-4.5%)
Flow ~ $1.25 (-10.3%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $843 Billion, a -9.2% change in the last 24 hours
Bitcoin ~ $18,164.85 (-11.0%)
Ethereum ~ $946.32 (-12.3%)
Solana ~ $29.32 (-2.5%)
Polkadot ~ $6.86 (-4.5%)
Flow ~ $1.25 (-10.3%)
Follow and subscribe - @GulfCryptoInsight
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Huobi Group obtains a crypto license in Dubai
Huobi Group, the major global crypto exchange, announced Friday it obtained a DIFC Innovation License in Dubai, seeing its development as a significant milestone in the group’s compliant growth. Huobi also got registration on New Zealand’s Financial Services Provider Register.
The DIFC Innovation License is a license for innovative technology companies in Dubai and provides…
https://cryptoinsight.ae/huobi-group-obtains-a-crypto-license-in-dubai/
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Huobi Group, the major global crypto exchange, announced Friday it obtained a DIFC Innovation License in Dubai, seeing its development as a significant milestone in the group’s compliant growth. Huobi also got registration on New Zealand’s Financial Services Provider Register.
The DIFC Innovation License is a license for innovative technology companies in Dubai and provides…
https://cryptoinsight.ae/huobi-group-obtains-a-crypto-license-in-dubai/
Website | Twitter | LinkedIn | Telegram
Bitcoin goes under $17,800 as Ether touches $897
On Saturday evening, at 20:30 UTC, Bitcoin plunged to about $17,749, and Ether fell to about $897 as the sell-off in the crypto market accelerated. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers.
Two hours later, at 22:30 UTC, Bitcoin bounced back…
https://cryptoinsight.ae/bitcoin-goes-under-17800-as-ether-touches-897/
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On Saturday evening, at 20:30 UTC, Bitcoin plunged to about $17,749, and Ether fell to about $897 as the sell-off in the crypto market accelerated. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers.
Two hours later, at 22:30 UTC, Bitcoin bounced back…
https://cryptoinsight.ae/bitcoin-goes-under-17800-as-ether-touches-897/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $914 Billion, a 5.9% change in the last 24 hours
Bitcoin ~ $20,001.48 (10.2%)
Ethereum ~ $1,075.15 (13.6%)
Solana ~ $32.29 (10.6%)
Polkadot ~ $7.33 (6.5%)
Flow ~ $1.36 (8.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $914 Billion, a 5.9% change in the last 24 hours
Bitcoin ~ $20,001.48 (10.2%)
Ethereum ~ $1,075.15 (13.6%)
Solana ~ $32.29 (10.6%)
Polkadot ~ $7.33 (6.5%)
Flow ~ $1.36 (8.7%)
Follow and subscribe - @GulfCryptoInsight
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As Ethereum mining is going away, miners are not happy, Bloomberg reports
The shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS) will cut power consumption sharply – and leave some expensive technology searching for new uses, write Olga Kharif and David Pan on Bloomberg.
The Ethereum mining community is a diverse bunch, geographically and demographically. There’s a 28-year-old translator in Ukraine, running computing hardware on his balcony to…
https://cryptoinsight.ae/as-ethereum-mining-is-going-away-miners-are-not-happy-bloomberg-reports/
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The shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS) will cut power consumption sharply – and leave some expensive technology searching for new uses, write Olga Kharif and David Pan on Bloomberg.
The Ethereum mining community is a diverse bunch, geographically and demographically. There’s a 28-year-old translator in Ukraine, running computing hardware on his balcony to…
https://cryptoinsight.ae/as-ethereum-mining-is-going-away-miners-are-not-happy-bloomberg-reports/
Website | Twitter | LinkedIn | Telegram
Crypto Trends Weekly June 11 – 17
Breaking crypto news from the last week (June 11 – 17, 2022):
June 11: The $1.19 trillion crypto economy is now lower in value than the July 2021 lows. Over the last week, digital currencies like Bitcoin, Ethereum, Cardano, and XRP, have shed significant value against the US dollar, as the top cryptos have lost…
https://cryptoinsight.ae/crypto-trends-weekly-june-11-17/
Website | Twitter | LinkedIn | Telegram
Breaking crypto news from the last week (June 11 – 17, 2022):
June 11: The $1.19 trillion crypto economy is now lower in value than the July 2021 lows. Over the last week, digital currencies like Bitcoin, Ethereum, Cardano, and XRP, have shed significant value against the US dollar, as the top cryptos have lost…
https://cryptoinsight.ae/crypto-trends-weekly-june-11-17/
Website | Twitter | LinkedIn | Telegram
MetaDecrypt Web 3.0 Summit will be held at Dubai’s Museum of Future on July 2-3
MetaDecrypt has announced its first dedicated Web 3.0 Summit 2022 in Dubai, UAE, on July 2-3, 2022. Held at the Museum of the Future, the event aims to bring the universe to the metaverse by reimagining the future. In partnership with Buidlers Tribe, the Summit will launch the startup pitch competition for Web 3.0 projects…
https://cryptoinsight.ae/metadecrypt-web-3-0-summit-will-be-held-at-dubais-museum-of-future-on-july-2-3/
Website | Twitter | LinkedIn | Telegram
MetaDecrypt has announced its first dedicated Web 3.0 Summit 2022 in Dubai, UAE, on July 2-3, 2022. Held at the Museum of the Future, the event aims to bring the universe to the metaverse by reimagining the future. In partnership with Buidlers Tribe, the Summit will launch the startup pitch competition for Web 3.0 projects…
https://cryptoinsight.ae/metadecrypt-web-3-0-summit-will-be-held-at-dubais-museum-of-future-on-july-2-3/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $964 Billion, a 5.3% change in the last 24 hours
Bitcoin ~ $20,997.34 (4.8%)
Ethereum ~ $1,156.77 (6.9%)
Solana ~ $37.39 (16.0%)
Polkadot ~ $8.21 (11.7%)
Flow ~ $1.50 (9.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $964 Billion, a 5.3% change in the last 24 hours
Bitcoin ~ $20,997.34 (4.8%)
Ethereum ~ $1,156.77 (6.9%)
Solana ~ $37.39 (16.0%)
Polkadot ~ $8.21 (11.7%)
Flow ~ $1.50 (9.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Dubai’s crypto exchange Billium launches platform with copy trading function
Billium, a Dubai-based crypto trading platform, has announced that a new copy trading functionality is on its way. With it, investors will reportedly be able to earn sizable profits regardless of personal experience or background.
According to a press release, copy trading allows users, especially new investors, to make as much profit as possible by…
https://cryptoinsight.ae/dubais-crypto-exchange-billium-launches-platform-with-copy-trading-function/
Website | Twitter | LinkedIn | Telegram
Billium, a Dubai-based crypto trading platform, has announced that a new copy trading functionality is on its way. With it, investors will reportedly be able to earn sizable profits regardless of personal experience or background.
According to a press release, copy trading allows users, especially new investors, to make as much profit as possible by…
https://cryptoinsight.ae/dubais-crypto-exchange-billium-launches-platform-with-copy-trading-function/
Website | Twitter | LinkedIn | Telegram
FTX CEO says Alameda could ‘step in’ to prevent wider crypto collapse
FTX founder and CEO Sam Bankman-Fried said his Alameda Research and FTX could “step in” the situation with Celsius and Three Arrows Capital to prevent further contagion across the crypto sector. He also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius.
The downward trajectory that has greeted the crypto market…
https://cryptoinsight.ae/ftx-ceo-says-alameda-could-step-in-to-prevent-wider-crypto-collapse/
Website | Twitter | LinkedIn | Telegram
FTX founder and CEO Sam Bankman-Fried said his Alameda Research and FTX could “step in” the situation with Celsius and Three Arrows Capital to prevent further contagion across the crypto sector. He also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius.
The downward trajectory that has greeted the crypto market…
https://cryptoinsight.ae/ftx-ceo-says-alameda-could-step-in-to-prevent-wider-crypto-collapse/
Website | Twitter | LinkedIn | Telegram
Iran cuts off electricity to crypto miners to save energy for the summer period
Iran’s Ministry of Energy has decided to cut down the supply of electricity given to the authorized crypto mines units of the country to ensure the enough power supply for the citizenry. This decision will be implemented on June 22, Tehran Times reported.
A spokesman for the Iranian Energy Ministry, Mostafa Rajabi Mashhadi, said that…
https://cryptoinsight.ae/iran-cuts-off-electricity-to-crypto-miners-to-save-energy-for-the-summer-period/
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Iran’s Ministry of Energy has decided to cut down the supply of electricity given to the authorized crypto mines units of the country to ensure the enough power supply for the citizenry. This decision will be implemented on June 22, Tehran Times reported.
A spokesman for the Iranian Energy Ministry, Mostafa Rajabi Mashhadi, said that…
https://cryptoinsight.ae/iran-cuts-off-electricity-to-crypto-miners-to-save-energy-for-the-summer-period/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $940 Billion, a -2.1% change in the last 24 hours
Bitcoin ~ $20,446.61 (-3.0%)
Ethereum ~ $1,098.98 (-5.1%)
Solana ~ $34.83 (-6.7%)
Polkadot ~ $7.58 (-7.8%)
Flow ~ $1.46 (-2.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $940 Billion, a -2.1% change in the last 24 hours
Bitcoin ~ $20,446.61 (-3.0%)
Ethereum ~ $1,098.98 (-5.1%)
Solana ~ $34.83 (-6.7%)
Polkadot ~ $7.58 (-7.8%)
Flow ~ $1.46 (-2.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Cloudflare outage affects crypto exchanges FTX, OKX, and Bitfinex
On Tuesday, a Cloudflare outage knocked out numerous popular web services, including big crypto exchanges FTX, OKX, and Bitfinex. Users attempting to visit certain websites were met with a “500 Internal Server Error” notice, raising questions about the security of centralized crypto platforms.
The content delivery network (CDN) confirmed via an update posted on June…
https://cryptoinsight.ae/cloudflare-outage-affects-crypto-exchanges-ftx-okx-and-bitfinex/
Website | Twitter | LinkedIn | Telegram
On Tuesday, a Cloudflare outage knocked out numerous popular web services, including big crypto exchanges FTX, OKX, and Bitfinex. Users attempting to visit certain websites were met with a “500 Internal Server Error” notice, raising questions about the security of centralized crypto platforms.
The content delivery network (CDN) confirmed via an update posted on June…
https://cryptoinsight.ae/cloudflare-outage-affects-crypto-exchanges-ftx-okx-and-bitfinex/
Website | Twitter | LinkedIn | Telegram
FTX provides crypto exchange BlockFi with a $250 million credit facility
BlockFi, a сrypto lender and exchange, has secured a $250 million credit from leading crypto platform FTX. While many crypto platforms are struggling amid a bear market, BlockFi hopes the new credit line could help them remain afloat. The agreement also opens the door to future collaboration between BlockFi and FTX.
BlockFi CEO Zac Prince…
https://cryptoinsight.ae/ftx-provides-crypto-exchange-blockfi-with-a-250-million-credit-facility/
Website | Twitter | LinkedIn | Telegram
BlockFi, a сrypto lender and exchange, has secured a $250 million credit from leading crypto platform FTX. While many crypto platforms are struggling amid a bear market, BlockFi hopes the new credit line could help them remain afloat. The agreement also opens the door to future collaboration between BlockFi and FTX.
BlockFi CEO Zac Prince…
https://cryptoinsight.ae/ftx-provides-crypto-exchange-blockfi-with-a-250-million-credit-facility/
Website | Twitter | LinkedIn | Telegram
Over 50% of Bitcoin addresses are still in profit despite drawdowns
Data from blockchain analytics firm Glassnode reveals that more than half of Bitcoin wallet addresses are still in profit, raising questions about the severity of the current market sell-off as Bitcoin fell below $20,000 over the last weekend. Despite Bitcoin bouncing back by Tuesday to over the $21,000 level, Morgan Stanley and Goldman Sachs warned…
https://cryptoinsight.ae/over-50-of-bitcoin-addresses-are-still-in-profit-despite-drawdowns/
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Data from blockchain analytics firm Glassnode reveals that more than half of Bitcoin wallet addresses are still in profit, raising questions about the severity of the current market sell-off as Bitcoin fell below $20,000 over the last weekend. Despite Bitcoin bouncing back by Tuesday to over the $21,000 level, Morgan Stanley and Goldman Sachs warned…
https://cryptoinsight.ae/over-50-of-bitcoin-addresses-are-still-in-profit-despite-drawdowns/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $941 Billion, a -0.4% change in the last 24 hours
Bitcoin ~ $20,325.40 (0.4%)
Ethereum ~ $1,084.47 (-0.4%)
Solana ~ $35.96 (5.2%)
Polkadot ~ $7.59 (1.2%)
Flow ~ $1.56 (8.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $941 Billion, a -0.4% change in the last 24 hours
Bitcoin ~ $20,325.40 (0.4%)
Ethereum ~ $1,084.47 (-0.4%)
Solana ~ $35.96 (5.2%)
Polkadot ~ $7.59 (1.2%)
Flow ~ $1.56 (8.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Deloitte partners with NYDIG to help institutions adopt Bitcoin
Deloitte, the leading global provider of audit and financial advisory, has announced a strategic partnership with New York Digital Investment Group (NYDIG), a Bitcoin investment firm that offers technology and financial services to businesses in a broad range of industries. Within the deal, the companies will collaborate to help businesses of different sizes incorporate digital…
https://cryptoinsight.ae/deloitte-partners-with-nydig-to-help-institutions-adopt-bitcoin/
Website | Twitter | LinkedIn | Telegram
Deloitte, the leading global provider of audit and financial advisory, has announced a strategic partnership with New York Digital Investment Group (NYDIG), a Bitcoin investment firm that offers technology and financial services to businesses in a broad range of industries. Within the deal, the companies will collaborate to help businesses of different sizes incorporate digital…
https://cryptoinsight.ae/deloitte-partners-with-nydig-to-help-institutions-adopt-bitcoin/
Website | Twitter | LinkedIn | Telegram
ProShares launches Short Bitcoin Strategy ETF
ProShares, an investment product provider, announced the launch of the US first short Bitcoin exchange-traded fund (ETF) that would allow investors to bet on Bitcoin’s decline. The product has launched Tuesday under the ticker BITI.
According to Monday’s statement, the ProShares Short Bitcoin Strategy ETF would allow investors to profit from a BTC price decrease…
https://cryptoinsight.ae/proshares-launches-short-bitcoin-strategy-etf/
Website | Twitter | LinkedIn | Telegram
ProShares, an investment product provider, announced the launch of the US first short Bitcoin exchange-traded fund (ETF) that would allow investors to bet on Bitcoin’s decline. The product has launched Tuesday under the ticker BITI.
According to Monday’s statement, the ProShares Short Bitcoin Strategy ETF would allow investors to profit from a BTC price decrease…
https://cryptoinsight.ae/proshares-launches-short-bitcoin-strategy-etf/
Website | Twitter | LinkedIn | Telegram
TIME and The Sandbox to build ‘TIME Square’ in the metaverse
TIMEPieces, an NFT community initiative under US media company TIME, and The Sandbox announced on Tuesday a new partnership to develop TIME Square, the firm’s first-ever destination on TIME Land, in The Sandbox metaverse.
According to an announcement on Medium, TIME Square will be built on the media outlet’s virtual land in The Sandbox as…
https://cryptoinsight.ae/time-and-the-sandbox-to-build-time-square-in-the-metaverse/
Website | Twitter | LinkedIn | Telegram
TIMEPieces, an NFT community initiative under US media company TIME, and The Sandbox announced on Tuesday a new partnership to develop TIME Square, the firm’s first-ever destination on TIME Land, in The Sandbox metaverse.
According to an announcement on Medium, TIME Square will be built on the media outlet’s virtual land in The Sandbox as…
https://cryptoinsight.ae/time-and-the-sandbox-to-build-time-square-in-the-metaverse/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $973 Billion, a 3.1% change in the last 24 hours
Bitcoin ~ $20,998.32 (3.2%)
Ethereum ~ $1,144.79 (5.5%)
Solana ~ $38.18 (6.1%)
Polkadot ~ $7.87 (3.6%)
Flow ~ $1.60 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $973 Billion, a 3.1% change in the last 24 hours
Bitcoin ~ $20,998.32 (3.2%)
Ethereum ~ $1,144.79 (5.5%)
Solana ~ $38.18 (6.1%)
Polkadot ~ $7.87 (3.6%)
Flow ~ $1.60 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram