Hello there!
Day started from:
The global cryptocurrency market cap today is $2.19 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $60,153.38 (0.2%)
Ethereum ~ $2,420.37 (0.0%)
Solana ~ $137.40 (-0.5%)
Polkadot ~ $4.50 (2.4%)
Flow ~ $0.5571 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.19 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $60,153.38 (0.2%)
Ethereum ~ $2,420.37 (0.0%)
Solana ~ $137.40 (-0.5%)
Polkadot ~ $4.50 (2.4%)
Flow ~ $0.5571 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
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SEC crypto ‘overreach’ cost small investors $15B: John Deaton
According to a prominent pro-crypto attorney and Senate candidate, the Securities and Exchange Commission’s (SEC) excessive intervention in the cryptocurrency industry has resulted in retail investors losing over $15 billion.
The US securities regulator has often been criticized for its enforcement-heavy regulatory regime over the cryptocurrency industry.
The SEC should be held accountable for its…
https://cryptoinsight.ae/sec-crypto-overreach-cost-small-investors-15b-john-deaton/
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According to a prominent pro-crypto attorney and Senate candidate, the Securities and Exchange Commission’s (SEC) excessive intervention in the cryptocurrency industry has resulted in retail investors losing over $15 billion.
The US securities regulator has often been criticized for its enforcement-heavy regulatory regime over the cryptocurrency industry.
The SEC should be held accountable for its…
https://cryptoinsight.ae/sec-crypto-overreach-cost-small-investors-15b-john-deaton/
Website | Twitter | LinkedIn | Telegram
Chinese gov’t mulls anti-money laundering law to ‘monitor’ new fintech
Chinese lawmakers are considering revising an earlier anti-money laundering law to enhance capabilities to ‘monitor’ and analyze money laundering risks through emerging financial technologies—including cryptocurrencies.
According to a translated statement from the South China Morning Post, Legislative Affairs Commission spokesperson Wang Xiang announced the revisions on Sept. 9—citing the need to improve detection methods amid…
https://cryptoinsight.ae/chinese-govt-mulls-anti-money-laundering-law-to-monitor-new-fintech/
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Chinese lawmakers are considering revising an earlier anti-money laundering law to enhance capabilities to ‘monitor’ and analyze money laundering risks through emerging financial technologies—including cryptocurrencies.
According to a translated statement from the South China Morning Post, Legislative Affairs Commission spokesperson Wang Xiang announced the revisions on Sept. 9—citing the need to improve detection methods amid…
https://cryptoinsight.ae/chinese-govt-mulls-anti-money-laundering-law-to-monitor-new-fintech/
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Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
Hong Kong-based First Digital Trust expressed hopes that the city will accelerate the regulation of the digital assets sector.
Hong Kong, aiming to position itself as a global hub for cryptocurrency, currently has only two fully licensed virtual asset trading platforms: Hash Blockchain and OSL Digital Securities. Many other crypto exchanges are still awaiting full…
https://cryptoinsight.ae/does-hong-kongs-slow-approach-to-crypto-regulation-risk-stifling-digital-asset-growth/
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Hong Kong-based First Digital Trust expressed hopes that the city will accelerate the regulation of the digital assets sector.
Hong Kong, aiming to position itself as a global hub for cryptocurrency, currently has only two fully licensed virtual asset trading platforms: Hash Blockchain and OSL Digital Securities. Many other crypto exchanges are still awaiting full…
https://cryptoinsight.ae/does-hong-kongs-slow-approach-to-crypto-regulation-risk-stifling-digital-asset-growth/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.14 Trillion, a -3.8% change in the last 24 hours
Bitcoin ~ $58,723.67 (-2.4%)
Ethereum ~ $2,293.39 (-5.3%)
Solana ~ $131.15 (-4.6%)
Polkadot ~ $4.30 (-4.4%)
Flow ~ $0.5375 (-3.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.14 Trillion, a -3.8% change in the last 24 hours
Bitcoin ~ $58,723.67 (-2.4%)
Ethereum ~ $2,293.39 (-5.3%)
Solana ~ $131.15 (-4.6%)
Polkadot ~ $4.30 (-4.4%)
Flow ~ $0.5375 (-3.4%)
Follow and subscribe - @GulfCryptoInsight
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Circle predicts stablecoins will become mainstream global payment method
Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers.
“Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and…
https://cryptoinsight.ae/circle-predicts-stablecoins-will-become-mainstream-global-payment-method/
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Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers.
“Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and…
https://cryptoinsight.ae/circle-predicts-stablecoins-will-become-mainstream-global-payment-method/
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Ethereum developers consider splitting Pectra upgrade, eye February target
Ethereum developers are considering dividing the highly anticipated Pectra upgrade, which will increase the network’s efficiency and scalability, into two parts. The first phase could launch by early 2025.
“There is broad agreement that if we split, the idea is that we want to ship Pectra one quicker, or as quick as possible, early next…
https://cryptoinsight.ae/ethereum-developers-consider-splitting-pectra-upgrade-eye-february-target/
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Ethereum developers are considering dividing the highly anticipated Pectra upgrade, which will increase the network’s efficiency and scalability, into two parts. The first phase could launch by early 2025.
“There is broad agreement that if we split, the idea is that we want to ship Pectra one quicker, or as quick as possible, early next…
https://cryptoinsight.ae/ethereum-developers-consider-splitting-pectra-upgrade-eye-february-target/
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Crypto and commodities poised for massive rally, says market analyst
A notable market analyst believes the cryptocurrency and commodities markets could both be ahead of a parabolic rally.
This is because both crypto assets and commodities remain “extremely undervalued,” according to analyst and entrepreneur Michaël van de Poppe.
The analyst noted in a September 15 post on X that commodities were last valued at similar…
https://cryptoinsight.ae/crypto-and-commodities-poised-for-massive-rally-says-market-analyst/
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A notable market analyst believes the cryptocurrency and commodities markets could both be ahead of a parabolic rally.
This is because both crypto assets and commodities remain “extremely undervalued,” according to analyst and entrepreneur Michaël van de Poppe.
The analyst noted in a September 15 post on X that commodities were last valued at similar…
https://cryptoinsight.ae/crypto-and-commodities-poised-for-massive-rally-says-market-analyst/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.13 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $58,502.09 (-0.5%)
Ethereum ~ $2,297.18 (0.1%)
Solana ~ $132.12 (0.6%)
Polkadot ~ $4.20 (-2.7%)
Flow ~ $0.5316 (-1.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.13 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $58,502.09 (-0.5%)
Ethereum ~ $2,297.18 (0.1%)
Solana ~ $132.12 (0.6%)
Polkadot ~ $4.20 (-2.7%)
Flow ~ $0.5316 (-1.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bybit bags provisional crypto license from Dubai regulator
Bybit, the world’s second-largest crypto exchange by derivatives volume, has secured a provisional license in Dubai two years after setting up its headquarters in the city.
The centralized crypto exchange (CEX) has received a non-operational license from the Virtual Asset Regulatory Authority (VARA), according to an announcement shared with Cointelegraph.
According to Helen Liu, Bybit’s…
https://cryptoinsight.ae/bybit-bags-provisional-crypto-license-from-dubai-regulator/
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Bybit, the world’s second-largest crypto exchange by derivatives volume, has secured a provisional license in Dubai two years after setting up its headquarters in the city.
The centralized crypto exchange (CEX) has received a non-operational license from the Virtual Asset Regulatory Authority (VARA), according to an announcement shared with Cointelegraph.
According to Helen Liu, Bybit’s…
https://cryptoinsight.ae/bybit-bags-provisional-crypto-license-from-dubai-regulator/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin: Solo staking key to Ethereum’s security
Ethereum co-founder Vitalik Buterin spoke at Ethereum Singapore 2024 on Sept. 16 about the importance of solo staking for the future of Ethereum’s security and decentralization.
Buterin discussed the risks posed by centralized entities and the role solo stakers play in protecting the network from attacks to ensure its long-term resilience and sustainability.
Solo stakers…
https://cryptoinsight.ae/vitalik-buterin-solo-staking-key-to-ethereums-security/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Vitalik Buterin spoke at Ethereum Singapore 2024 on Sept. 16 about the importance of solo staking for the future of Ethereum’s security and decentralization.
Buterin discussed the risks posed by centralized entities and the role solo stakers play in protecting the network from attacks to ensure its long-term resilience and sustainability.
Solo stakers…
https://cryptoinsight.ae/vitalik-buterin-solo-staking-key-to-ethereums-security/
Website | Twitter | LinkedIn | Telegram
Velar’s new Bitcoin DEX offers yield and liquidity for BTC holders
Velar has launched the world’s first Bitcoin perpetual swaps decentralized exchange (DEX) in beta, attempting to create more utility around the world’s first cryptocurrency.
The new Velar Artha perpetual swaps DEX launched on BOB (Build on Bitcoin) on Sept. 16, according to an announcement shared with Cointelegraph.
The milestone launch could unlock newfound Bitcoin liquidity…
https://cryptoinsight.ae/velars-new-bitcoin-dex-offers-yield-and-liquidity-for-btc-holders/
Website | Twitter | LinkedIn | Telegram
Velar has launched the world’s first Bitcoin perpetual swaps decentralized exchange (DEX) in beta, attempting to create more utility around the world’s first cryptocurrency.
The new Velar Artha perpetual swaps DEX launched on BOB (Build on Bitcoin) on Sept. 16, according to an announcement shared with Cointelegraph.
The milestone launch could unlock newfound Bitcoin liquidity…
https://cryptoinsight.ae/velars-new-bitcoin-dex-offers-yield-and-liquidity-for-btc-holders/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $60,356.32 (3.2%)
Ethereum ~ $2,328.36 (1.3%)
Solana ~ $131.04 (-0.8%)
Polkadot ~ $4.14 (-1.4%)
Flow ~ $0.5335 (0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $60,356.32 (3.2%)
Ethereum ~ $2,328.36 (1.3%)
Solana ~ $131.04 (-0.8%)
Polkadot ~ $4.14 (-1.4%)
Flow ~ $0.5335 (0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
DBS to launch crypto options and structured notes for institutions
Singapore’s DBS Bank will launch over-the-counter (OTC) crypto options trading and structured notes for its institutional clients.
On Sept. 17, the bank announced that it would offer financial products linked to the price of Bitcoin and Ether, the two biggest digital assets by market cap.
DBS said that starting in the fourth quarter of 2024,…
https://cryptoinsight.ae/dbs-to-launch-crypto-options-and-structured-notes-for-institutions/
Website | Twitter | LinkedIn | Telegram
Singapore’s DBS Bank will launch over-the-counter (OTC) crypto options trading and structured notes for its institutional clients.
On Sept. 17, the bank announced that it would offer financial products linked to the price of Bitcoin and Ether, the two biggest digital assets by market cap.
DBS said that starting in the fourth quarter of 2024,…
https://cryptoinsight.ae/dbs-to-launch-crypto-options-and-structured-notes-for-institutions/
Website | Twitter | LinkedIn | Telegram
House Republicans demand SEC’s Gensler clarify crypto airdrops stance
Two Republican lawmakers are demanding United States Securities and Exchange Commission Chair Gary Gensler answer questions about the classification of crypto airdrops by the end of the month.
Representative Tom Emmer and House Financial Services Committee Chairman Patrick McHenry said in a Sept. 17 letter to Gensler that they’re concerned after the SEC made “assertions…
https://cryptoinsight.ae/house-republicans-demand-secs-gensler-clarify-crypto-airdrops-stance/
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Two Republican lawmakers are demanding United States Securities and Exchange Commission Chair Gary Gensler answer questions about the classification of crypto airdrops by the end of the month.
Representative Tom Emmer and House Financial Services Committee Chairman Patrick McHenry said in a Sept. 17 letter to Gensler that they’re concerned after the SEC made “assertions…
https://cryptoinsight.ae/house-republicans-demand-secs-gensler-clarify-crypto-airdrops-stance/
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Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?
Ethereum co-founder Vitalik Buterin stated on Sept. 12 that he will no longer consider a network a “layer 2” if it has not reached “Stage 1” by the end of the year.
“The era of rollups being glorified multisigs is coming to an end,” he stated, adding that “the era of cryptographic trust is upon…
https://cryptoinsight.ae/vitalik-tells-ethereum-l2s-stage-1-or-gtfo-who-makes-the-cut/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Vitalik Buterin stated on Sept. 12 that he will no longer consider a network a “layer 2” if it has not reached “Stage 1” by the end of the year.
“The era of rollups being glorified multisigs is coming to an end,” he stated, adding that “the era of cryptographic trust is upon…
https://cryptoinsight.ae/vitalik-tells-ethereum-l2s-stage-1-or-gtfo-who-makes-the-cut/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.24 Trillion, a 1.8% change in the last 24 hours
Bitcoin ~ $61,996.03 (2.8%)
Ethereum ~ $2,414.20 (3.7%)
Solana ~ $138.15 (5.4%)
Polkadot ~ $4.22 (2.1%)
Flow ~ $0.5531 (3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.24 Trillion, a 1.8% change in the last 24 hours
Bitcoin ~ $61,996.03 (2.8%)
Ethereum ~ $2,414.20 (3.7%)
Solana ~ $138.15 (5.4%)
Polkadot ~ $4.22 (2.1%)
Flow ~ $0.5531 (3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Fed rate cut may be politically motivated, will increase inflation: Arthur Hayes
BitMEX co-founder Arthur Hayes believes the Federal Reserve’s recent rate cut was likely politically motivated and could impact markets and inflation.
Speaking to Cointelegraph at Token2049 in Singapore on Sept. 18, Hayes shared his thoughts on the Fed’s recent action, speculating it could be part of an effort to bolster support for the Democrats.
“I…
https://cryptoinsight.ae/fed-rate-cut-may-be-politically-motivated-will-increase-inflation-arthur-hayes/
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BitMEX co-founder Arthur Hayes believes the Federal Reserve’s recent rate cut was likely politically motivated and could impact markets and inflation.
Speaking to Cointelegraph at Token2049 in Singapore on Sept. 18, Hayes shared his thoughts on the Fed’s recent action, speculating it could be part of an effort to bolster support for the Democrats.
“I…
https://cryptoinsight.ae/fed-rate-cut-may-be-politically-motivated-will-increase-inflation-arthur-hayes/
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Real-world asset tokenization is the crypto killer app — Polygon exec
Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients may be the killer application for cryptocurrencies because it dramatically reduces costs and settlement time — becoming increasingly difficult for traditional financial institutions to ignore.
“This technology is a massive disruptor for the entire global financial system,”…
https://cryptoinsight.ae/real-world-asset-tokenization-is-the-crypto-killer-app-polygon-exec/
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Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients may be the killer application for cryptocurrencies because it dramatically reduces costs and settlement time — becoming increasingly difficult for traditional financial institutions to ignore.
“This technology is a massive disruptor for the entire global financial system,”…
https://cryptoinsight.ae/real-world-asset-tokenization-is-the-crypto-killer-app-polygon-exec/
Website | Twitter | LinkedIn | Telegram
Can Berachain’s new token challenge Solana and Ether dominance?
Berachain, the hottest topic at Token 2049 in Singapore, could grow into a significant competitor to Solana.
Berachain is branded as a “high-performance” layer-1 (L1) blockchain, aiming to turn liquidity into security through its unique proof-of-liquidity (POL) consensus mechanism.
While most investors are preoccupied with altcoins like Ripple’s XRP overtaking Ether, some suggest that the…
https://cryptoinsight.ae/can-berachains-new-token-challenge-solana-and-ether-dominance/
Website | Twitter | LinkedIn | Telegram
Berachain, the hottest topic at Token 2049 in Singapore, could grow into a significant competitor to Solana.
Berachain is branded as a “high-performance” layer-1 (L1) blockchain, aiming to turn liquidity into security through its unique proof-of-liquidity (POL) consensus mechanism.
While most investors are preoccupied with altcoins like Ripple’s XRP overtaking Ether, some suggest that the…
https://cryptoinsight.ae/can-berachains-new-token-challenge-solana-and-ether-dominance/
Website | Twitter | LinkedIn | Telegram