Hello there!
Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a 2.8% change in the last 24 hours
Bitcoin ~ $23,218.14 (1.2%)
Ethereum ~ $1,675.28 (2.4%)
Solana ~ $23.67 (2.2%)
Polkadot ~ $6.88 (3.6%)
Flow ~ $1.23 (12.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a 2.8% change in the last 24 hours
Bitcoin ~ $23,218.14 (1.2%)
Ethereum ~ $1,675.28 (2.4%)
Solana ~ $23.67 (2.2%)
Polkadot ~ $6.88 (3.6%)
Flow ~ $1.23 (12.2%)
Follow and subscribe - @GulfCryptoInsight
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The history and evolution of the fintech industry
The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector.
The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…
https://cryptoinsight.ae/the-history-and-evolution-of-the-fintech-industry/
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The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector.
The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…
https://cryptoinsight.ae/the-history-and-evolution-of-the-fintech-industry/
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SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.
Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year.
A Feb. 7 statement from the Securities…
https://cryptoinsight.ae/sec-to-up-scrutiny-of-firms-offering-or-giving-advice-about-crypto/
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Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.
Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year.
A Feb. 7 statement from the Securities…
https://cryptoinsight.ae/sec-to-up-scrutiny-of-firms-offering-or-giving-advice-about-crypto/
Website | Twitter | LinkedIn | Telegram
DeFi’s Next Big Thing: Liquid Staking Derivatives
More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn.
The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…
https://cryptoinsight.ae/defis-next-big-thing-liquid-staking-derivatives/
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More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn.
The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…
https://cryptoinsight.ae/defis-next-big-thing-liquid-staking-derivatives/
Website | Twitter | LinkedIn | Telegram
Dubai releases crypto regulations for virtual asset service providers
The laws apply to market participants within the Emirate of Dubai, with the exception of those under the Dubai International Financial Centre.
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate.
According to Irina…
https://cryptoinsight.ae/dubai-releases-crypto-regulations-for-virtual-asset-service-providers/
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The laws apply to market participants within the Emirate of Dubai, with the exception of those under the Dubai International Financial Centre.
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate.
According to Irina…
https://cryptoinsight.ae/dubai-releases-crypto-regulations-for-virtual-asset-service-providers/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $22,597.75 (-2.6%)
Ethereum ~ $1,627.60 (-2.9%)
Solana ~ $22.68 (-4.3%)
Polkadot ~ $6.64 (-3.5%)
Flow ~ $1.09 (-11.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $22,597.75 (-2.6%)
Ethereum ~ $1,627.60 (-2.9%)
Solana ~ $22.68 (-4.3%)
Polkadot ~ $6.64 (-3.5%)
Flow ~ $1.09 (-11.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
End of bull run? The Graph awaits correction after a 200% GRT price rally
GRT has turned technically overbought, but its long-term potential remains skewed to the upside thanks to healthy network fundamentals.
The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.
GRT price skyrockets with other data management tokens
GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of…
https://cryptoinsight.ae/end-of-bull-run-the-graph-awaits-correction-after-a-200-grt-price-rally/
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GRT has turned technically overbought, but its long-term potential remains skewed to the upside thanks to healthy network fundamentals.
The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.
GRT price skyrockets with other data management tokens
GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of…
https://cryptoinsight.ae/end-of-bull-run-the-graph-awaits-correction-after-a-200-grt-price-rally/
Website | Twitter | LinkedIn | Telegram
Proposed Israeli law to classify crypto as securities will ‘kill the industry’
A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon.
Proposed laws in Israel that would see cryptocurrencies classified as securities would cause huge damage to the local crypto industry, according to the chief of an Israeli crypto service provider.…
https://cryptoinsight.ae/proposed-israeli-law-to-classify-crypto-as-securities-will-kill-the-industry/
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A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon.
Proposed laws in Israel that would see cryptocurrencies classified as securities would cause huge damage to the local crypto industry, according to the chief of an Israeli crypto service provider.…
https://cryptoinsight.ae/proposed-israeli-law-to-classify-crypto-as-securities-will-kill-the-industry/
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Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO
Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder.
The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country’s regulators.
Armstrong made the comments in a Feb.…
https://cryptoinsight.ae/getting-rid-of-crypto-staking-would-be-a-terrible-path-for-the-us-coinbase-ceo/
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Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder.
The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country’s regulators.
Armstrong made the comments in a Feb.…
https://cryptoinsight.ae/getting-rid-of-crypto-staking-would-be-a-terrible-path-for-the-us-coinbase-ceo/
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What is decentralized storage, and how does it work?
Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network.
Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and down, and maintaining storage area networks is a challenge. One also has to deal…
https://cryptoinsight.ae/what-is-decentralized-storage-and-how-does-it-work/
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Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network.
Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and down, and maintaining storage area networks is a challenge. One also has to deal…
https://cryptoinsight.ae/what-is-decentralized-storage-and-how-does-it-work/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -3.6% change in the last 24 hours
Bitcoin ~ $21,859.54 (-3.3%)
Ethereum ~ $1,547.89 (-4.9%)
Solana ~ $20.84 (-8.2%)
Polkadot ~ $6.25 (-5.9%)
Flow ~ $1.01 (-7.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -3.6% change in the last 24 hours
Bitcoin ~ $21,859.54 (-3.3%)
Ethereum ~ $1,547.89 (-4.9%)
Solana ~ $20.84 (-8.2%)
Polkadot ~ $6.25 (-5.9%)
Flow ~ $1.01 (-7.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin price more correlated to FTX developments than macro events: Research
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.
The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin throughout Q4, compared to macroeconomic events such as rate hikes, according to research.
In a “State…
https://cryptoinsight.ae/bitcoin-price-more-correlated-to-ftx-developments-than-macro-events-research/
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While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.
The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin throughout Q4, compared to macroeconomic events such as rate hikes, according to research.
In a “State…
https://cryptoinsight.ae/bitcoin-price-more-correlated-to-ftx-developments-than-macro-events-research/
Website | Twitter | LinkedIn | Telegram
Crypto and securities: New interpretation of US Howey test gaining ground
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions.
The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC…
https://cryptoinsight.ae/crypto-and-securities-new-interpretation-of-us-howey-test-gaining-ground/
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Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions.
The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC…
https://cryptoinsight.ae/crypto-and-securities-new-interpretation-of-us-howey-test-gaining-ground/
Website | Twitter | LinkedIn | Telegram
Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities are allegedly discouraging banks from offering services to the crypto industry.
United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph.
The alleged strategy consists of isolating the traditional financial system from the crypto market by…
https://cryptoinsight.ae/banks-under-pressure-from-u-s-authorities-to-cut-ties-with-crypto-firms/
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United States authorities are allegedly discouraging banks from offering services to the crypto industry.
United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph.
The alleged strategy consists of isolating the traditional financial system from the crypto market by…
https://cryptoinsight.ae/banks-under-pressure-from-u-s-authorities-to-cut-ties-with-crypto-firms/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Joe Lubin says no chance ETH is classed as security
The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal.
Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States.
Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the…
https://cryptoinsight.ae/ethereum-co-founder-joe-lubin-says-no-chance-eth-is-classed-as-security/
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The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal.
Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States.
Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the…
https://cryptoinsight.ae/ethereum-co-founder-joe-lubin-says-no-chance-eth-is-classed-as-security/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,688.79 (-0.8%)
Ethereum ~ $1,519.50 (-1.8%)
Solana ~ $20.30 (-2.6%)
Polkadot ~ $6.21 (-0.7%)
Flow ~ $1.02 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,688.79 (-0.8%)
Ethereum ~ $1,519.50 (-1.8%)
Solana ~ $20.30 (-2.6%)
Polkadot ~ $6.21 (-0.7%)
Flow ~ $1.02 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin.
Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe…
https://cryptoinsight.ae/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish/
Website | Twitter | LinkedIn | Telegram
BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin.
Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe…
https://cryptoinsight.ae/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish/
Website | Twitter | LinkedIn | Telegram
Fed governor Waller says crypto ecosystem has distinct parts with varying potential
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the…
https://cryptoinsight.ae/fed-governor-waller-says-crypto-ecosystem-has-distinct-parts-with-varying-potential/
Website | Twitter | LinkedIn | Telegram
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the…
https://cryptoinsight.ae/fed-governor-waller-says-crypto-ecosystem-has-distinct-parts-with-varying-potential/
Website | Twitter | LinkedIn | Telegram
What is a coinbase transaction?
What are coinbase transactions
Not to be confused with the cryptocurrency exchange Coinbase, the term “coinbase transaction” refers to a particular type of transaction that occurs in every new block of a blockchain.
Coinbase transactions are a key part of the system that blockchains utilize to introduce new currencies that have never been sent into…
https://cryptoinsight.ae/what-is-a-coinbase-transaction/
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What are coinbase transactions
Not to be confused with the cryptocurrency exchange Coinbase, the term “coinbase transaction” refers to a particular type of transaction that occurs in every new block of a blockchain.
Coinbase transactions are a key part of the system that blockchains utilize to introduce new currencies that have never been sent into…
https://cryptoinsight.ae/what-is-a-coinbase-transaction/
Website | Twitter | LinkedIn | Telegram
What does the future of Web3 look like to SafePal CEO Veronica Wong?
As crypto winter and numerous disasters plagued 2022, what is next in Web3 space in 2023?
As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights…
https://cryptoinsight.ae/what-does-the-future-of-web3-look-like-to-safepal-ceo-veronica-wong/
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As crypto winter and numerous disasters plagued 2022, what is next in Web3 space in 2023?
As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights…
https://cryptoinsight.ae/what-does-the-future-of-web3-look-like-to-safepal-ceo-veronica-wong/
Website | Twitter | LinkedIn | Telegram