Crypto projects set to unlock $2.6B in tokens in November
Locked digital assets worth $2.68 billion will hit the market in November as vesting periods for blockchain-based projects expire.
According to vesting data tracker Tokenomist (formerly Token Unlocks), $2.68 billion in crypto assets will be unlocked in November. Over $900 million in tokens will be unlocked on a cliff basis, while about $1.7 billion will…
https://cryptoinsight.ae/crypto-projects-set-to-unlock-2-6b-in-tokens-in-november/
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Locked digital assets worth $2.68 billion will hit the market in November as vesting periods for blockchain-based projects expire.
According to vesting data tracker Tokenomist (formerly Token Unlocks), $2.68 billion in crypto assets will be unlocked in November. Over $900 million in tokens will be unlocked on a cliff basis, while about $1.7 billion will…
https://cryptoinsight.ae/crypto-projects-set-to-unlock-2-6b-in-tokens-in-november/
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Ethereum is like ‘Amazon in the 1990s’ — 21Shares
Wall Street investors are still largely unaware of Ethereum’s potential, similar to Amazon in the early 1990s before it became a $2 trillion tech giant, according to a research analyst at crypto asset manager 21Shares.
Spot Ether exchange-traded funds launched in July but have seen relatively small inflows compared with spot Bitcoin ETFs.
Leena ElDeeb,…
https://cryptoinsight.ae/ethereum-is-like-amazon-in-the-1990s-21shares/
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Wall Street investors are still largely unaware of Ethereum’s potential, similar to Amazon in the early 1990s before it became a $2 trillion tech giant, according to a research analyst at crypto asset manager 21Shares.
Spot Ether exchange-traded funds launched in July but have seen relatively small inflows compared with spot Bitcoin ETFs.
Leena ElDeeb,…
https://cryptoinsight.ae/ethereum-is-like-amazon-in-the-1990s-21shares/
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Binance co-founder clarifies asset listing policies, dispels FUD
Following claims from the CEO of Moonrock Capital — a crypto-native advisory and investment firm — that Binance demanded 15% of an unnamed prospective project’s total token supply to secure a listing on the centralized exchange, Binance co-founder Yi He responded by denying the claims and clarifying Binance’s listing policies.
According to Binance’s co-founder, the…
https://cryptoinsight.ae/binance-co-founder-clarifies-asset-listing-policies-dispels-fud/
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Following claims from the CEO of Moonrock Capital — a crypto-native advisory and investment firm — that Binance demanded 15% of an unnamed prospective project’s total token supply to secure a listing on the centralized exchange, Binance co-founder Yi He responded by denying the claims and clarifying Binance’s listing policies.
According to Binance’s co-founder, the…
https://cryptoinsight.ae/binance-co-founder-clarifies-asset-listing-policies-dispels-fud/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a -2.1% change in the last 24 hours
Bitcoin ~ $68,619.23 (-0.6%)
Ethereum ~ $2,427.34 (-1.8%)
Solana ~ $160.32 (-1.1%)
Polkadot ~ $3.81 (0.7%)
Flow ~ $0.4845 (0.1%)
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Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a -2.1% change in the last 24 hours
Bitcoin ~ $68,619.23 (-0.6%)
Ethereum ~ $2,427.34 (-1.8%)
Solana ~ $160.32 (-1.1%)
Polkadot ~ $3.81 (0.7%)
Flow ~ $0.4845 (0.1%)
Follow and subscribe - @GulfCryptoInsight
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Curve Finance, TON drive DeFi evolution with partnerships
The approaching new year will be the year of decentralized finance (DeFi) on The Open Network (TON) blockchain, developer TON Foundation has declared. Decentralized exchange Curve Finance joined in to start the process, and TON and Curve held a competition for DeFi teams to develop stable asset swaps using Curve Finance’s proprietary technology.
Getting the…
https://cryptoinsight.ae/curve-finance-ton-drive-defi-evolution-with-partnerships/
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The approaching new year will be the year of decentralized finance (DeFi) on The Open Network (TON) blockchain, developer TON Foundation has declared. Decentralized exchange Curve Finance joined in to start the process, and TON and Curve held a competition for DeFi teams to develop stable asset swaps using Curve Finance’s proprietary technology.
Getting the…
https://cryptoinsight.ae/curve-finance-ton-drive-defi-evolution-with-partnerships/
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Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom
Internet Computer’s cross-chain messaging protocol, Chain Fusion, has seen usage spike 1,230% year-over-year, largely from Bitcoin-native applications, according to a Nov. 4 report by developer The Dfinity Foundation.
Bitcoin apps, including Rainbow Protocol, Tap Protocol and Bitfinity, are using Internet Computer to deploy smart contracts and other complex programs on the Bitcoin network, Dfinity said.…
https://cryptoinsight.ae/internet-computer-cross-chain-protocol-usage-up-13x-amid-bitcoin-defi-boom/
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Internet Computer’s cross-chain messaging protocol, Chain Fusion, has seen usage spike 1,230% year-over-year, largely from Bitcoin-native applications, according to a Nov. 4 report by developer The Dfinity Foundation.
Bitcoin apps, including Rainbow Protocol, Tap Protocol and Bitfinity, are using Internet Computer to deploy smart contracts and other complex programs on the Bitcoin network, Dfinity said.…
https://cryptoinsight.ae/internet-computer-cross-chain-protocol-usage-up-13x-amid-bitcoin-defi-boom/
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Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of traditional finance and crypto companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, have formed a consortium supporting the latest stablecoin pegged to the United States dollar.
In a Nov. 5 statement, blockchain infrastructure firm Paxos shared that the new “open network” was designed to accelerate the adoption and use of stablecoins worldwide.…
https://cryptoinsight.ae/robinhood-kraken-paxos-launch-global-dollar-stablecoin-network/
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A swathe of traditional finance and crypto companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, have formed a consortium supporting the latest stablecoin pegged to the United States dollar.
In a Nov. 5 statement, blockchain infrastructure firm Paxos shared that the new “open network” was designed to accelerate the adoption and use of stablecoins worldwide.…
https://cryptoinsight.ae/robinhood-kraken-paxos-launch-global-dollar-stablecoin-network/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.59 Trillion, a 6.8% change in the last 24 hours
Bitcoin ~ $75,167.51 (9.7%)
Ethereum ~ $2,612.36 (7.8%)
Solana ~ $187.37 (16.9%)
Polkadot ~ $4.09 (7.4%)
Flow ~ $0.5346 (10.5%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.59 Trillion, a 6.8% change in the last 24 hours
Bitcoin ~ $75,167.51 (9.7%)
Ethereum ~ $2,612.36 (7.8%)
Solana ~ $187.37 (16.9%)
Polkadot ~ $4.09 (7.4%)
Flow ~ $0.5346 (10.5%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin hits new $75K high as Trump takes early election lead
Bitcoin hit a new all-time high of over $75,000 on Nov. 6, well above its previous $73,800 high in March as traders piled into crypto with early results from the United States elections putting Donald Trump ahead.
At the start of the New York open, Bitcoin initially showed strength, rallying in excess of 3% to…
https://cryptoinsight.ae/bitcoin-hits-new-75k-high-as-trump-takes-early-election-lead/
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Bitcoin hit a new all-time high of over $75,000 on Nov. 6, well above its previous $73,800 high in March as traders piled into crypto with early results from the United States elections putting Donald Trump ahead.
At the start of the New York open, Bitcoin initially showed strength, rallying in excess of 3% to…
https://cryptoinsight.ae/bitcoin-hits-new-75k-high-as-trump-takes-early-election-lead/
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VanEck lists PYTH ETN in Europe
VanEck has listed an exchange-traded note (ETN) in Europe tracking the performance of the Pyth Network’s native token, PYTH, the asset manager said on Nov. 5.
The VanEck Pyth ETN will trade on Euronext Amsterdam and Euronext Paris, the asset manager said. It will be available to investors in 15 European countries, including Germany, France,…
https://cryptoinsight.ae/vaneck-lists-pyth-etn-in-europe/
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VanEck has listed an exchange-traded note (ETN) in Europe tracking the performance of the Pyth Network’s native token, PYTH, the asset manager said on Nov. 5.
The VanEck Pyth ETN will trade on Euronext Amsterdam and Euronext Paris, the asset manager said. It will be available to investors in 15 European countries, including Germany, France,…
https://cryptoinsight.ae/vaneck-lists-pyth-etn-in-europe/
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Binance, CZ file motion to dismiss SEC’s amended complaint
Binance continues its battle against the United States securities regulator amid allegations of violations related to certain cryptocurrencies.
Legal defense for Binance and its former CEO Changpeng “CZ” Zhao has filed a motion to dismiss an amended complaint by the US Securities and Exchange Commission.
In the motion filed on Nov. 4, lawyers for Binance…
https://cryptoinsight.ae/binance-cz-file-motion-to-dismiss-secs-amended-complaint/
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Binance continues its battle against the United States securities regulator amid allegations of violations related to certain cryptocurrencies.
Legal defense for Binance and its former CEO Changpeng “CZ” Zhao has filed a motion to dismiss an amended complaint by the US Securities and Exchange Commission.
In the motion filed on Nov. 4, lawyers for Binance…
https://cryptoinsight.ae/binance-cz-file-motion-to-dismiss-secs-amended-complaint/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.63 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $74,707.12 (-0.9%)
Ethereum ~ $2,825.41 (7.9%)
Solana ~ $187.98 (0.0%)
Polkadot ~ $4.13 (1.3%)
Flow ~ $0.5394 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.63 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $74,707.12 (-0.9%)
Ethereum ~ $2,825.41 (7.9%)
Solana ~ $187.98 (0.0%)
Polkadot ~ $4.13 (1.3%)
Flow ~ $0.5394 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded
BlackRock’s Bitcoin exchange-traded fund (ETF) witnessed a record day of trading after Donald Trump’s victory in the United States presidential election.
In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on…
https://cryptoinsight.ae/blackrock-bitcoin-etf-sees-biggest-volume-day-ever-with-4-1b-traded/
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BlackRock’s Bitcoin exchange-traded fund (ETF) witnessed a record day of trading after Donald Trump’s victory in the United States presidential election.
In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on…
https://cryptoinsight.ae/blackrock-bitcoin-etf-sees-biggest-volume-day-ever-with-4-1b-traded/
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“Significant amount of capital” to be unlocked for crypto ventures — Bitfinex analysts
Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.
This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts:
“We…
https://cryptoinsight.ae/significant-amount-of-capital-to-be-unlocked-for-crypto-ventures-bitfinex-analysts/
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Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.
This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts:
“We…
https://cryptoinsight.ae/significant-amount-of-capital-to-be-unlocked-for-crypto-ventures-bitfinex-analysts/
Website | Twitter | LinkedIn | Telegram
BNB Chain reveals no-code real-world asset tokenization service
BNB Chain has unveiled a new real-world asset tokenization service that provides individuals and businesses with a no-code solution to tokenize real-world assets in “minutes.”
According to the announcement, the new service streamlines the process of asset tokenization through in-built compliance tools and clear guidance through each step of the tokenization process — including asset…
https://cryptoinsight.ae/bnb-chain-reveals-no-code-real-world-asset-tokenization-service/
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BNB Chain has unveiled a new real-world asset tokenization service that provides individuals and businesses with a no-code solution to tokenize real-world assets in “minutes.”
According to the announcement, the new service streamlines the process of asset tokenization through in-built compliance tools and clear guidance through each step of the tokenization process — including asset…
https://cryptoinsight.ae/bnb-chain-reveals-no-code-real-world-asset-tokenization-service/
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Coinbase exec urges SEC reform after Trump’s election win
Paul Grewal, chief legal officer at Coinbase, urged the United States Securities and Exchange Commission to change its approach toward crypto following Donald Trump’s election as president for a second term.
Grewal expressed hope that the SEC would adopt a regulatory framework that favors open dialogue and innovation over litigation, reflecting a sentiment among crypto…
https://cryptoinsight.ae/coinbase-exec-urges-sec-reform-after-trumps-election-win/
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Paul Grewal, chief legal officer at Coinbase, urged the United States Securities and Exchange Commission to change its approach toward crypto following Donald Trump’s election as president for a second term.
Grewal expressed hope that the SEC would adopt a regulatory framework that favors open dialogue and innovation over litigation, reflecting a sentiment among crypto…
https://cryptoinsight.ae/coinbase-exec-urges-sec-reform-after-trumps-election-win/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.69 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $76,039.96 (1.7%)
Ethereum ~ $2,923.39 (3.4%)
Solana ~ $199.65 (6.1%)
Polkadot ~ $4.20 (1.9%)
Flow ~ $0.5378 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.69 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $76,039.96 (1.7%)
Ethereum ~ $2,923.39 (3.4%)
Solana ~ $199.65 (6.1%)
Polkadot ~ $4.20 (1.9%)
Flow ~ $0.5378 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Election delivers big win for crypto, economic freedom — Coinbase CEO
The 2024 United States presidential election brought substantial shifts in crypto policy outlooks as Donald Trump prepares to return to the White House for a second term.
Following Trump’s victory and the Republican Party securing control of the Senate — with a House of Representatives majority also within reach — crypto advocates, including Coinbase CEO…
https://cryptoinsight.ae/election-delivers-big-win-for-crypto-economic-freedom-coinbase-ceo/
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The 2024 United States presidential election brought substantial shifts in crypto policy outlooks as Donald Trump prepares to return to the White House for a second term.
Following Trump’s victory and the Republican Party securing control of the Senate — with a House of Representatives majority also within reach — crypto advocates, including Coinbase CEO…
https://cryptoinsight.ae/election-delivers-big-win-for-crypto-economic-freedom-coinbase-ceo/
Website | Twitter | LinkedIn | Telegram
Eclipse, the first Ethereum L2 based on Solana launches mainnet
Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live.
Eclipse allows users to transact on Ethereum faster and more cheaply using the Solana Virtual Machine (SVM) to execute transactions. Like other Ethereum L2s, the network bundles transactions and settles them on the Ethereum mainnet.
The Eclipse Foundation…
https://cryptoinsight.ae/eclipse-the-first-ethereum-l2-based-on-solana-launches-mainnet/
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Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live.
Eclipse allows users to transact on Ethereum faster and more cheaply using the Solana Virtual Machine (SVM) to execute transactions. Like other Ethereum L2s, the network bundles transactions and settles them on the Ethereum mainnet.
The Eclipse Foundation…
https://cryptoinsight.ae/eclipse-the-first-ethereum-l2-based-on-solana-launches-mainnet/
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Ethereum launches Mekong testnet to preview Pectra upgrade features
The Ethereum Foundation introduced a short-lived testnet called Mekong to allow developers to experiment with future upgrades before they reach the Ethereum mainnet.
On Nov. 7, the Ethereum Foundation — a nonprofit organization that supports Ethereum — announced it would launch the “Mekong testnet,” to allow developers to explore user experience (UX) changes and familiarize…
https://cryptoinsight.ae/ethereum-launches-mekong-testnet-to-preview-pectra-upgrade-features/
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The Ethereum Foundation introduced a short-lived testnet called Mekong to allow developers to experiment with future upgrades before they reach the Ethereum mainnet.
On Nov. 7, the Ethereum Foundation — a nonprofit organization that supports Ethereum — announced it would launch the “Mekong testnet,” to allow developers to explore user experience (UX) changes and familiarize…
https://cryptoinsight.ae/ethereum-launches-mekong-testnet-to-preview-pectra-upgrade-features/
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