Hello there!
Day started from:
The global cryptocurrency market cap today is $2.75 Trillion, a -3.0% change in the last 24 hours
Bitcoin ~ $82,104.54 (-0.9%)
Ethereum ~ $1,806.72 (-1.5%)
Solana ~ $125.86 (0.4%)
Polkadot ~ $4.04 (-1.4%)
Flow ~ $0.378 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.75 Trillion, a -3.0% change in the last 24 hours
Bitcoin ~ $82,104.54 (-0.9%)
Ethereum ~ $1,806.72 (-1.5%)
Solana ~ $125.86 (0.4%)
Polkadot ~ $4.04 (-1.4%)
Flow ~ $0.378 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
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Binance debuts centralized exchange to decentralized exchange trades
Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers.
According to the exchange, customers can use Circle’s USDC and other supported stablecoins to acquire tokens on the Ethereum,…
https://cryptoinsight.ae/binance-debuts-centralized-exchange-to-decentralized-exchange-trades/
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Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers.
According to the exchange, customers can use Circle’s USDC and other supported stablecoins to acquire tokens on the Ethereum,…
https://cryptoinsight.ae/binance-debuts-centralized-exchange-to-decentralized-exchange-trades/
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Stablecoin rules needed in US before crypto tax reform, experts say
United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.
“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs.
A “tailored regulatory approach” for areas…
https://cryptoinsight.ae/stablecoin-rules-needed-in-us-before-crypto-tax-reform-experts-say/
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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.
“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs.
A “tailored regulatory approach” for areas…
https://cryptoinsight.ae/stablecoin-rules-needed-in-us-before-crypto-tax-reform-experts-say/
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South Korean crypto exchange users hit 16M in ‘saturation point’
Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November.
Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto exchange accounts out of a total population of 51.7 million, according…
https://cryptoinsight.ae/south-korean-crypto-exchange-users-hit-16m-in-saturation-point/
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Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November.
Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto exchange accounts out of a total population of 51.7 million, according…
https://cryptoinsight.ae/south-korean-crypto-exchange-users-hit-16m-in-saturation-point/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.79 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $83,018.05 (1.1%)
Ethereum ~ $1,846.03 (2.2%)
Solana ~ $125.94 (0.1%)
Polkadot ~ $4.12 (2.1%)
Flow ~ $0.3883 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.79 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $83,018.05 (1.1%)
Ethereum ~ $1,846.03 (2.2%)
Solana ~ $125.94 (0.1%)
Polkadot ~ $4.12 (2.1%)
Flow ~ $0.3883 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Coinbase CEO calls for change in stablecoin laws to enable ‘onchain interest’
Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings.
In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that…
https://cryptoinsight.ae/coinbase-ceo-calls-for-change-in-stablecoin-laws-to-enable-onchain-interest/
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Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings.
In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that…
https://cryptoinsight.ae/coinbase-ceo-calls-for-change-in-stablecoin-laws-to-enable-onchain-interest/
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Bitcoin could reduce dominance of US dollar — BlackRock
The US dollar could lose its status as the world’s reserve currency to Bitcoin or other digital assets if the United States does not get its debt under control, according to BlackRock CEO Larry Fink.
Fink wrote in his Annual Chairman’s Letter to Investors that “decentralized finance is an extraordinary innovation” that makes “markets faster,…
https://cryptoinsight.ae/bitcoin-could-reduce-dominance-of-us-dollar-blackrock/
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The US dollar could lose its status as the world’s reserve currency to Bitcoin or other digital assets if the United States does not get its debt under control, according to BlackRock CEO Larry Fink.
Fink wrote in his Annual Chairman’s Letter to Investors that “decentralized finance is an extraordinary innovation” that makes “markets faster,…
https://cryptoinsight.ae/bitcoin-could-reduce-dominance-of-us-dollar-blackrock/
Website | Twitter | LinkedIn | Telegram
Privacy Pools launch on Ethereum, with Vitalik demoing the feature
A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities.
The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made…
https://cryptoinsight.ae/privacy-pools-launch-on-ethereum-with-vitalik-demoing-the-feature/
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A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities.
The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made…
https://cryptoinsight.ae/privacy-pools-launch-on-ethereum-with-vitalik-demoing-the-feature/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.8 Trillion, a -1.4% change in the last 24 hours
Bitcoin ~ $84,080.18 (1.3%)
Ethereum ~ $1,858.39 (0.7%)
Solana ~ $124.02 (-1.5%)
Polkadot ~ $4.05 (-1.7%)
Flow ~ $0.38 (-2.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.8 Trillion, a -1.4% change in the last 24 hours
Bitcoin ~ $84,080.18 (1.3%)
Ethereum ~ $1,858.39 (0.7%)
Solana ~ $124.02 (-1.5%)
Polkadot ~ $4.05 (-1.7%)
Flow ~ $0.38 (-2.2%)
Follow and subscribe - @GulfCryptoInsight
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Traditional capital markets coming onchain: AMA recap with SoloTex
As the RWA tokenization industry continues to boom, compliance remains a core concern, alongside the question of which platforms can effectively serve both retail and institutional investors and whether they originate from Web2 or Web3. During a recent Cointelegraph AMA session on X Spaces, Richard Johnson, founder and CEO of Texture Capital, joined Mike McCluskey,…
https://cryptoinsight.ae/traditional-capital-markets-coming-onchain-ama-recap-with-solotex/
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As the RWA tokenization industry continues to boom, compliance remains a core concern, alongside the question of which platforms can effectively serve both retail and institutional investors and whether they originate from Web2 or Web3. During a recent Cointelegraph AMA session on X Spaces, Richard Johnson, founder and CEO of Texture Capital, joined Mike McCluskey,…
https://cryptoinsight.ae/traditional-capital-markets-coming-onchain-ama-recap-with-solotex/
Website | Twitter | LinkedIn | Telegram
UK trade bodies ask government to make crypto a ‘strategic priority’
Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.
In a March 31 letter, the coalition of six UK digital economy trade bodies urged Starmer’s special adviser on business and investment, Varun Chandra,…
https://cryptoinsight.ae/uk-trade-bodies-ask-government-to-make-crypto-a-strategic-priority/
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Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.
In a March 31 letter, the coalition of six UK digital economy trade bodies urged Starmer’s special adviser on business and investment, Varun Chandra,…
https://cryptoinsight.ae/uk-trade-bodies-ask-government-to-make-crypto-a-strategic-priority/
Website | Twitter | LinkedIn | Telegram
GoMining launches $100M Bitcoin mining fund for institutional investors
GoMining, a platform that allows users to mine Bitcoin through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards and reinvestment.
GoMining’s Alpha Blocks Fund comes as more companies have added Bitcoin…
https://cryptoinsight.ae/gomining-launches-100m-bitcoin-mining-fund-for-institutional-investors/
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GoMining, a platform that allows users to mine Bitcoin through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards and reinvestment.
GoMining’s Alpha Blocks Fund comes as more companies have added Bitcoin…
https://cryptoinsight.ae/gomining-launches-100m-bitcoin-mining-fund-for-institutional-investors/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.77 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $83,251.19 (-0.9%)
Ethereum ~ $1,822.10 (-1.8%)
Solana ~ $118.94 (-4.0%)
Polkadot ~ $4.02 (-0.7%)
Flow ~ $0.3747 (-1.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.77 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $83,251.19 (-0.9%)
Ethereum ~ $1,822.10 (-1.8%)
Solana ~ $118.94 (-4.0%)
Polkadot ~ $4.02 (-0.7%)
Flow ~ $0.3747 (-1.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
US House committee passes stablecoin-regulating STABLE Act
The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.
The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2, with six Democrats voting in favor.
The…
https://cryptoinsight.ae/us-house-committee-passes-stablecoin-regulating-stable-act/
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The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.
The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2, with six Democrats voting in favor.
The…
https://cryptoinsight.ae/us-house-committee-passes-stablecoin-regulating-stable-act/
Website | Twitter | LinkedIn | Telegram
‘National emergency’ as Trump’s tariffs dent crypto prices
Crypto markets dipped after US President Donald Trump’s declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war.
The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing…
https://cryptoinsight.ae/national-emergency-as-trumps-tariffs-dent-crypto-prices/
Website | Twitter | LinkedIn | Telegram
Crypto markets dipped after US President Donald Trump’s declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war.
The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing…
https://cryptoinsight.ae/national-emergency-as-trumps-tariffs-dent-crypto-prices/
Website | Twitter | LinkedIn | Telegram
7-Eleven South Korea to accept CBDC payments in national pilot program
South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project.
The convenience store chain will reportedly provide a 10% discount on all products paid for with CBDC during the test period. According to Moon Dae-woo, head…
https://cryptoinsight.ae/7-eleven-south-korea-to-accept-cbdc-payments-in-national-pilot-program/
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South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project.
The convenience store chain will reportedly provide a 10% discount on all products paid for with CBDC during the test period. According to Moon Dae-woo, head…
https://cryptoinsight.ae/7-eleven-south-korea-to-accept-cbdc-payments-in-national-pilot-program/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.76 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $83,172.89 (-0.1%)
Ethereum ~ $1,804.28 (-1.1%)
Solana ~ $116.56 (-2.1%)
Polkadot ~ $4.04 (0.3%)
Flow ~ $0.3715 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.76 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $83,172.89 (-0.1%)
Ethereum ~ $1,804.28 (-1.1%)
Solana ~ $116.56 (-2.1%)
Polkadot ~ $4.04 (0.3%)
Flow ~ $0.3715 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Arthur Hayes loves tariffs as printed money pain is good for Bitcoin
BitMEX co-founder Arthur Hayes says US President Donald Trump’s tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.
“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X…
https://cryptoinsight.ae/arthur-hayes-loves-tariffs-as-printed-money-pain-is-good-for-bitcoin/
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BitMEX co-founder Arthur Hayes says US President Donald Trump’s tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.
“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X…
https://cryptoinsight.ae/arthur-hayes-loves-tariffs-as-printed-money-pain-is-good-for-bitcoin/
Website | Twitter | LinkedIn | Telegram
US lawmakers advance anti-CBDC bill
The US House Financial Services Committee advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.
In an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC Anti-Surveillance State Act. The bill was one…
https://cryptoinsight.ae/us-lawmakers-advance-anti-cbdc-bill/
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The US House Financial Services Committee advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.
In an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC Anti-Surveillance State Act. The bill was one…
https://cryptoinsight.ae/us-lawmakers-advance-anti-cbdc-bill/
Website | Twitter | LinkedIn | Telegram
EigenLayer to begin ‘slashing’ restakers in April
EigenLayer plans to start “slashing” restakers on April 17, resulting in the Ethereum restaking protocol’s “first feature-complete iteration,” it said in an April 2 announcement.
Implementing slashing will mark EigenLayer’s final step toward establishing the protocol as “infrastructure for a new generation of verifiable apps and services built on the Verifiable Cloud,” it said in…
https://cryptoinsight.ae/eigenlayer-to-begin-slashing-restakers-in-april/
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EigenLayer plans to start “slashing” restakers on April 17, resulting in the Ethereum restaking protocol’s “first feature-complete iteration,” it said in an April 2 announcement.
Implementing slashing will mark EigenLayer’s final step toward establishing the protocol as “infrastructure for a new generation of verifiable apps and services built on the Verifiable Cloud,” it said in…
https://cryptoinsight.ae/eigenlayer-to-begin-slashing-restakers-in-april/
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