Hello there!
Day started from:
The global cryptocurrency market cap today is $2.74 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $76,703.16 (0.8%)
Ethereum ~ $3,055.32 (4.5%)
Solana ~ $201.86 (1.1%)
Polkadot ~ $4.37 (3.9%)
Flow ~ $0.5508 (2.5%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.74 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $76,703.16 (0.8%)
Ethereum ~ $3,055.32 (4.5%)
Solana ~ $201.86 (1.1%)
Polkadot ~ $4.37 (3.9%)
Flow ~ $0.5508 (2.5%)
Follow and subscribe - @GulfCryptoInsight
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BlackRock’s spot Ether ETF clocks $60.3M inflows, the highest in 94 days
BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days.
BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data.
BlackRock’s large inflows come…
https://cryptoinsight.ae/blackrocks-spot-ether-etf-clocks-60-3m-inflows-the-highest-in-94-days/
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BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days.
BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data.
BlackRock’s large inflows come…
https://cryptoinsight.ae/blackrocks-spot-ether-etf-clocks-60-3m-inflows-the-highest-in-94-days/
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DeFi needs regulation to drive adoption — Web3 exec
While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go.
At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…
https://cryptoinsight.ae/defi-needs-regulation-to-drive-adoption-web3-exec/
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While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go.
At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…
https://cryptoinsight.ae/defi-needs-regulation-to-drive-adoption-web3-exec/
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$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices
Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7.
ERC-20 stablecoins flood exchanges
Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…
https://cryptoinsight.ae/9-3b-stablecoin-exchange-inflows-have-traders-bracing-higher-bitcoin-prices/
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Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7.
ERC-20 stablecoins flood exchanges
Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…
https://cryptoinsight.ae/9-3b-stablecoin-exchange-inflows-have-traders-bracing-higher-bitcoin-prices/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.83 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $79,035.76 (3.1%)
Ethereum ~ $3,174.11 (4.0%)
Solana ~ $206.19 (2.1%)
Polkadot ~ $4.96 (13.3%)
Flow ~ $0.5874 (6.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.83 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $79,035.76 (3.1%)
Ethereum ~ $3,174.11 (4.0%)
Solana ~ $206.19 (2.1%)
Polkadot ~ $4.96 (13.3%)
Flow ~ $0.5874 (6.7%)
Follow and subscribe - @GulfCryptoInsight
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Cumulative traffic to exchanges increased by 8% in October — report
Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.
According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed…
https://cryptoinsight.ae/cumulative-traffic-to-exchanges-increased-by-8-in-october-report/
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Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.
According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed…
https://cryptoinsight.ae/cumulative-traffic-to-exchanges-increased-by-8-in-october-report/
Website | Twitter | LinkedIn | Telegram
Vitalik explores potential of ‘info finance’ as ETH tops $3K
Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is…
https://cryptoinsight.ae/vitalik-explores-potential-of-info-finance-as-eth-tops-3k/
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Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is…
https://cryptoinsight.ae/vitalik-explores-potential-of-info-finance-as-eth-tops-3k/
Website | Twitter | LinkedIn | Telegram
A new Trump administration may boost crypto, but the devil is in the details
A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told Cointelegraph in the aftermath of the Nov. 5 presidential election.
It raises the odds for digital asset market structure legislation, and will probably bring along a stablecoin payment act as well.…
https://cryptoinsight.ae/a-new-trump-administration-may-boost-crypto-but-the-devil-is-in-the-details/
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A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told Cointelegraph in the aftermath of the Nov. 5 presidential election.
It raises the odds for digital asset market structure legislation, and will probably bring along a stablecoin payment act as well.…
https://cryptoinsight.ae/a-new-trump-administration-may-boost-crypto-but-the-devil-is-in-the-details/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.88 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $80,670.16 (1.7%)
Ethereum ~ $3,124.48 (-2.1%)
Solana ~ $205.37 (-1.1%)
Polkadot ~ $5.04 (0.8%)
Flow ~ $0.5984 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.88 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $80,670.16 (1.7%)
Ethereum ~ $3,124.48 (-2.1%)
Solana ~ $205.37 (-1.1%)
Polkadot ~ $5.04 (0.8%)
Flow ~ $0.5984 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
a16z sees ‘greater flexibility to experiment’ with crypto under Trump
The crypto arm of venture capital firm Andreessen Horowitz (a16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.
“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before…
https://cryptoinsight.ae/a16z-sees-greater-flexibility-to-experiment-with-crypto-under-trump/
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The crypto arm of venture capital firm Andreessen Horowitz (a16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.
“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before…
https://cryptoinsight.ae/a16z-sees-greater-flexibility-to-experiment-with-crypto-under-trump/
Website | Twitter | LinkedIn | Telegram
Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election.
According to CoinMarketCap, the market cap of Ether now stands at around $383 billion, up almost 5% in 24 hours, putting it roughly…
https://cryptoinsight.ae/ethereum-hits-3-2k-surpassing-bank-of-america-market-cap/
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Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election.
According to CoinMarketCap, the market cap of Ether now stands at around $383 billion, up almost 5% in 24 hours, putting it roughly…
https://cryptoinsight.ae/ethereum-hits-3-2k-surpassing-bank-of-america-market-cap/
Website | Twitter | LinkedIn | Telegram
Charles Hoskinson shares new plans to ‘help foster’ US crypto policies
Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States.
“I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help…
https://cryptoinsight.ae/charles-hoskinson-shares-new-plans-to-help-foster-us-crypto-policies/
Website | Twitter | LinkedIn | Telegram
Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States.
“I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help…
https://cryptoinsight.ae/charles-hoskinson-shares-new-plans-to-help-foster-us-crypto-policies/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.11 Trillion, a 6.8% change in the last 24 hours
Bitcoin ~ $88,407.08 (9.4%)
Ethereum ~ $3,333.65 (6.6%)
Solana ~ $218.60 (6.2%)
Polkadot ~ $5.50 (9.6%)
Flow ~ $0.6204 (2.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.11 Trillion, a 6.8% change in the last 24 hours
Bitcoin ~ $88,407.08 (9.4%)
Ethereum ~ $3,333.65 (6.6%)
Solana ~ $218.60 (6.2%)
Polkadot ~ $5.50 (9.6%)
Flow ~ $0.6204 (2.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Decentralized market making to play a key role in the future of DeFi
The cryptocurrency market has transformed the financial landscape by introducing decentralized finance (DeFi) and innovative economic models. As a digital ecosystem where traditional intermediaries are bypassed, DeFi promises transparency, security and inclusivity.
But here’s the catch: not all areas of the cryptocurrency market have fully embraced decentralization. Some corners of the crypto landscape, like market…
https://cryptoinsight.ae/decentralized-market-making-to-play-a-key-role-in-the-future-of-defi/
Website | Twitter | LinkedIn | Telegram
The cryptocurrency market has transformed the financial landscape by introducing decentralized finance (DeFi) and innovative economic models. As a digital ecosystem where traditional intermediaries are bypassed, DeFi promises transparency, security and inclusivity.
But here’s the catch: not all areas of the cryptocurrency market have fully embraced decentralization. Some corners of the crypto landscape, like market…
https://cryptoinsight.ae/decentralized-market-making-to-play-a-key-role-in-the-future-of-defi/
Website | Twitter | LinkedIn | Telegram
Dubai-based Web3 Unleashed hackathon announces finalists, reveals prize pool
Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will see 15 promising Web3 projects competing for a prize pool of $160,000.
Dubai has established itself as a global hotspot for Web3 and blockchain ecosystems. From its crypto-friendly regulations to dynamic events, the United Arab Emirates metropolis has…
https://cryptoinsight.ae/dubai-based-web3-unleashed-hackathon-announces-finalists-reveals-prize-pool/
Website | Twitter | LinkedIn | Telegram
Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will see 15 promising Web3 projects competing for a prize pool of $160,000.
Dubai has established itself as a global hotspot for Web3 and blockchain ecosystems. From its crypto-friendly regulations to dynamic events, the United Arab Emirates metropolis has…
https://cryptoinsight.ae/dubai-based-web3-unleashed-hackathon-announces-finalists-reveals-prize-pool/
Website | Twitter | LinkedIn | Telegram
‘Defanging the SEC’ may turbocharge US economy: Cathie Wood
ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovation and investment in emerging technologies.
“Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically…
https://cryptoinsight.ae/defanging-the-sec-may-turbocharge-us-economy-cathie-wood/
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ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovation and investment in emerging technologies.
“Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically…
https://cryptoinsight.ae/defanging-the-sec-may-turbocharge-us-economy-cathie-wood/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.01 Trillion, a -4.7% change in the last 24 hours
Bitcoin ~ $86,951.68 (-1.8%)
Ethereum ~ $3,158.91 (-5.3%)
Solana ~ $206.57 (-5.7%)
Polkadot ~ $5.05 (-8.4%)
Flow ~ $0.5749 (-7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.01 Trillion, a -4.7% change in the last 24 hours
Bitcoin ~ $86,951.68 (-1.8%)
Ethereum ~ $3,158.91 (-5.3%)
Solana ~ $206.57 (-5.7%)
Polkadot ~ $5.05 (-8.4%)
Flow ~ $0.5749 (-7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
PayPal USD links with LayerZero for transfers between Ethereum and Solana
PayPal’s United States dollar-pegged stablecoin, PayPal USD has integrated with the cross-blockchain bridging protocol LayerZero to enable transfers between Ethereum and Solana.
In a Nov. 12 statement, LayerZero said that PYUSD now uses its Omnichain Fungible Token (OFT) Standard to enable the crosschain transfers, which will “enable users who self-custody their tokens to seamlessly transfer…
https://cryptoinsight.ae/paypal-usd-links-with-layerzero-for-transfers-between-ethereum-and-solana/
Website | Twitter | LinkedIn | Telegram
PayPal’s United States dollar-pegged stablecoin, PayPal USD has integrated with the cross-blockchain bridging protocol LayerZero to enable transfers between Ethereum and Solana.
In a Nov. 12 statement, LayerZero said that PYUSD now uses its Omnichain Fungible Token (OFT) Standard to enable the crosschain transfers, which will “enable users who self-custody their tokens to seamlessly transfer…
https://cryptoinsight.ae/paypal-usd-links-with-layerzero-for-transfers-between-ethereum-and-solana/
Website | Twitter | LinkedIn | Telegram
DeFi Technologies launches SolFi as “Microstrategy for Solana”
DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana”, according to a Nov. 12 announcement.
SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments,”…
https://cryptoinsight.ae/defi-technologies-launches-solfi-as-microstrategy-for-solana/
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DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana”, according to a Nov. 12 announcement.
SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments,”…
https://cryptoinsight.ae/defi-technologies-launches-solfi-as-microstrategy-for-solana/
Website | Twitter | LinkedIn | Telegram
Interoperability pushed to new heights on Polkadot with protocol launch
Hyperbridge, a long-awaited protocol for crosschain applications, launches its mainnet on Polkadot.
Contrary to traditional finance, blockchain space is ripe with networks that can’t communicate with each other on their own. The lack of native interoperability between blockchains has long been an obstacle that prevents asset and data transfer across chains. Interoperability is key to…
https://cryptoinsight.ae/interoperability-pushed-to-new-heights-on-polkadot-with-protocol-launch/
Website | Twitter | LinkedIn | Telegram
Hyperbridge, a long-awaited protocol for crosschain applications, launches its mainnet on Polkadot.
Contrary to traditional finance, blockchain space is ripe with networks that can’t communicate with each other on their own. The lack of native interoperability between blockchains has long been an obstacle that prevents asset and data transfer across chains. Interoperability is key to…
https://cryptoinsight.ae/interoperability-pushed-to-new-heights-on-polkadot-with-protocol-launch/
Website | Twitter | LinkedIn | Telegram