Hello there!
Day started from:
The global cryptocurrency market cap today is $3.22 Trillion, a -0.5% change in the last 24 hours
Bitcoin ~ $91,714.41 (0.8%)
Ethereum ~ $3,123.96 (-0.1%)
Solana ~ $241.51 (-0.7%)
Polkadot ~ $5.94 (0.4%)
Flow ~ $0.7118 (1.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.22 Trillion, a -0.5% change in the last 24 hours
Bitcoin ~ $91,714.41 (0.8%)
Ethereum ~ $3,123.96 (-0.1%)
Solana ~ $241.51 (-0.7%)
Polkadot ~ $5.94 (0.4%)
Flow ~ $0.7118 (1.9%)
Follow and subscribe - @GulfCryptoInsight
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BlackRock receives license to operate in Abu Dhabi
BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates.
According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region.
The company is also seeking a license to operate…
https://cryptoinsight.ae/blackrock-receives-license-to-operate-in-abu-dhabi/
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BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates.
According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region.
The company is also seeking a license to operate…
https://cryptoinsight.ae/blackrock-receives-license-to-operate-in-abu-dhabi/
Website | Twitter | LinkedIn | Telegram
Bitcoin mining to make a comeback in households — Interview with Canaan
Bitcoin mining went through a dramatic transformation over the years thanks to the skyrocketing popularity of cryptocurrencies. Despite the scaling up, ASIC devices — short for application-specific integrated circuits — are still the name of the game when it comes to efficiency, speed and energy in BTC mining.
Designed solely for Bitcoin’s SHA-256 hashing algorithm,…
https://cryptoinsight.ae/bitcoin-mining-to-make-a-comeback-in-households-interview-with-canaan/
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Bitcoin mining went through a dramatic transformation over the years thanks to the skyrocketing popularity of cryptocurrencies. Despite the scaling up, ASIC devices — short for application-specific integrated circuits — are still the name of the game when it comes to efficiency, speed and energy in BTC mining.
Designed solely for Bitcoin’s SHA-256 hashing algorithm,…
https://cryptoinsight.ae/bitcoin-mining-to-make-a-comeback-in-households-interview-with-canaan/
Website | Twitter | LinkedIn | Telegram
Tether, Kraken, Fabric Ventures back new MiCA-compliant stablecoins
Tether, Kraken, and Fabric Ventures are backing Dutch fintech company Quantoz Payments in the launch of two stablecoins, EURQ and USDQ, compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA).
Set for release on Nov. 18, the euro- and United States dollar-backed tokens are licensed by the Dutch Central Bank (DNB) as e-money tokens…
https://cryptoinsight.ae/tether-kraken-fabric-ventures-back-new-mica-compliant-stablecoins/
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Tether, Kraken, and Fabric Ventures are backing Dutch fintech company Quantoz Payments in the launch of two stablecoins, EURQ and USDQ, compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA).
Set for release on Nov. 18, the euro- and United States dollar-backed tokens are licensed by the Dutch Central Bank (DNB) as e-money tokens…
https://cryptoinsight.ae/tether-kraken-fabric-ventures-back-new-mica-compliant-stablecoins/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.23 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $92,624.75 (1.0%)
Ethereum ~ $3,111.16 (-0.4%)
Solana ~ $235.25 (-2.7%)
Polkadot ~ $5.87 (-1.1%)
Flow ~ $0.6858 (-3.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.23 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $92,624.75 (1.0%)
Ethereum ~ $3,111.16 (-0.4%)
Solana ~ $235.25 (-2.7%)
Polkadot ~ $5.87 (-1.1%)
Flow ~ $0.6858 (-3.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Nansen 2 brings transparency, analytics to Tron ecosystem
The Tron network will be fully integrated on Nansen 2 thanks to a collaboration between Nansen and the Tron decentralized autonomous organization (DAO). Nansen will launch a Tron Macro Dashboard that will provide developers and investors with real-time insights into the Tron ecosystem.
Nansen analyzing Tron heyday
Blockchain data analytics and wallet label provider Nansen…
https://cryptoinsight.ae/nansen-2-brings-transparency-analytics-to-tron-ecosystem/
Website | Twitter | LinkedIn | Telegram
The Tron network will be fully integrated on Nansen 2 thanks to a collaboration between Nansen and the Tron decentralized autonomous organization (DAO). Nansen will launch a Tron Macro Dashboard that will provide developers and investors with real-time insights into the Tron ecosystem.
Nansen analyzing Tron heyday
Blockchain data analytics and wallet label provider Nansen…
https://cryptoinsight.ae/nansen-2-brings-transparency-analytics-to-tron-ecosystem/
Website | Twitter | LinkedIn | Telegram
Chainlink, Microsoft, Banco Inter collaborate on Brazil’s CBDC pilot
Banco Central do Brasil (BCB), Brazil’s central bank, has launched phase two of its Drex central bank digital currency (CBDC) pilot, targeting improvements in cross-border agricultural commodity transactions and supply chain processes.
Phase two focuses on building a trade finance solution using oracles and blockchain technology. The initiative brings together Microsoft, Chainlink, Banco Inter and…
https://cryptoinsight.ae/chainlink-microsoft-banco-inter-collaborate-on-brazils-cbdc-pilot/
Website | Twitter | LinkedIn | Telegram
Banco Central do Brasil (BCB), Brazil’s central bank, has launched phase two of its Drex central bank digital currency (CBDC) pilot, targeting improvements in cross-border agricultural commodity transactions and supply chain processes.
Phase two focuses on building a trade finance solution using oracles and blockchain technology. The initiative brings together Microsoft, Chainlink, Banco Inter and…
https://cryptoinsight.ae/chainlink-microsoft-banco-inter-collaborate-on-brazils-cbdc-pilot/
Website | Twitter | LinkedIn | Telegram
How RWA unlocks new opportunities in the $700B reinsurance market
Nayms, a crypto-native marketplace, has announced the introduction of the NAYM token to enable decentralized governance, staking and greater participation in tokenized insurance programs.
The global reinsurance market, valued at over $700 billion, plays a critical role in stabilizing the broader insurance industry by covering risks for primary insurers. Traditionally, this market has been a…
https://cryptoinsight.ae/how-rwa-unlocks-new-opportunities-in-the-700b-reinsurance-market/
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Nayms, a crypto-native marketplace, has announced the introduction of the NAYM token to enable decentralized governance, staking and greater participation in tokenized insurance programs.
The global reinsurance market, valued at over $700 billion, plays a critical role in stabilizing the broader insurance industry by covering risks for primary insurers. Traditionally, this market has been a…
https://cryptoinsight.ae/how-rwa-unlocks-new-opportunities-in-the-700b-reinsurance-market/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.31 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $96,967.66 (4.6%)
Ethereum ~ $3,107.26 (-0.1%)
Solana ~ $238.29 (1.2%)
Polkadot ~ $5.67 (-3.4%)
Flow ~ $0.6943 (1.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.31 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $96,967.66 (4.6%)
Ethereum ~ $3,107.26 (-0.1%)
Solana ~ $238.29 (1.2%)
Polkadot ~ $5.67 (-3.4%)
Flow ~ $0.6943 (1.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
SEC delays Franklin Templeton crypto index ETF decision
The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025.
In a Nov. 20 letter, the regulatory agency explained that it received no comments after publishing the proposed rule change to list the crypto index ETF on the Federal Register on Oct.…
https://cryptoinsight.ae/sec-delays-franklin-templeton-crypto-index-etf-decision/
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The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025.
In a Nov. 20 letter, the regulatory agency explained that it received no comments after publishing the proposed rule change to list the crypto index ETF on the Federal Register on Oct.…
https://cryptoinsight.ae/sec-delays-franklin-templeton-crypto-index-etf-decision/
Website | Twitter | LinkedIn | Telegram
DeFi, gaming will be ‘most positively affected’ by Trump: Sky Mavis
Blockchain gaming, along with decentralized finance, will likely benefit most from Trump’s presidency, says Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis.
Speaking to Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21, Zirlin said the “token design” space would be set to yield the most benefit from the new…
https://cryptoinsight.ae/defi-gaming-will-be-most-positively-affected-by-trump-sky-mavis/
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Blockchain gaming, along with decentralized finance, will likely benefit most from Trump’s presidency, says Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis.
Speaking to Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21, Zirlin said the “token design” space would be set to yield the most benefit from the new…
https://cryptoinsight.ae/defi-gaming-will-be-most-positively-affected-by-trump-sky-mavis/
Website | Twitter | LinkedIn | Telegram
Stablecoin bill faces several challenges — former Senator Pat Toomey
Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the United States.
In an interview with Cointelegraph’s Turner Wright, the former Pennsylvania Senator cited bankruptcy resolution for failing stablecoin firms, reserve requirements, insurance on…
https://cryptoinsight.ae/stablecoin-bill-faces-several-challenges-former-senator-pat-toomey/
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Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the United States.
In an interview with Cointelegraph’s Turner Wright, the former Pennsylvania Senator cited bankruptcy resolution for failing stablecoin firms, reserve requirements, insurance on…
https://cryptoinsight.ae/stablecoin-bill-faces-several-challenges-former-senator-pat-toomey/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.44 Trillion, a 2.3% change in the last 24 hours
Bitcoin ~ $98,966.50 (1.6%)
Ethereum ~ $3,372.42 (8.0%)
Solana ~ $259.81 (8.6%)
Polkadot ~ $6.22 (9.0%)
Flow ~ $0.7296 (4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.44 Trillion, a 2.3% change in the last 24 hours
Bitcoin ~ $98,966.50 (1.6%)
Ethereum ~ $3,372.42 (8.0%)
Solana ~ $259.81 (8.6%)
Polkadot ~ $6.22 (9.0%)
Flow ~ $0.7296 (4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
SEC Chair Gary Gensler to step down
United States Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on cryptocurrency regulation, will depart from the agency on Jan. 20, 2025, the securities regulator said in a Nov. 21 announcement.
Gensler will leave the agency on the same day crypto-friendly President-elect Donald Trump starts his second presidential term, according…
https://cryptoinsight.ae/sec-chair-gary-gensler-to-step-down/
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United States Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on cryptocurrency regulation, will depart from the agency on Jan. 20, 2025, the securities regulator said in a Nov. 21 announcement.
Gensler will leave the agency on the same day crypto-friendly President-elect Donald Trump starts his second presidential term, according…
https://cryptoinsight.ae/sec-chair-gary-gensler-to-step-down/
Website | Twitter | LinkedIn | Telegram
US Bitcoin ETF assets break $100 billion
United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence.
Bitcoin has dominated the ETF landscape since spot BTC ETFs launched in January. Investor interest accelerated after crypto-friendly President-elect Donald Trump prevailed on Nov. 5 in the US elections.…
https://cryptoinsight.ae/us-bitcoin-etf-assets-break-100-billion/
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United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence.
Bitcoin has dominated the ETF landscape since spot BTC ETFs launched in January. Investor interest accelerated after crypto-friendly President-elect Donald Trump prevailed on Nov. 5 in the US elections.…
https://cryptoinsight.ae/us-bitcoin-etf-assets-break-100-billion/
Website | Twitter | LinkedIn | Telegram
UK to deliver comprehensive crypto regulation framework by early 2025
A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s Tokenisation Summit in London on Nov. 21.
Some regulations were expected last summer, but a general election overturned those plans along with the Conservative government of Prime Minister Rishi…
https://cryptoinsight.ae/uk-to-deliver-comprehensive-crypto-regulation-framework-by-early-2025/
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A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s Tokenisation Summit in London on Nov. 21.
Some regulations were expected last summer, but a general election overturned those plans along with the Conservative government of Prime Minister Rishi…
https://cryptoinsight.ae/uk-to-deliver-comprehensive-crypto-regulation-framework-by-early-2025/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.49 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $98,787.07 (-0.1%)
Ethereum ~ $3,350.96 (-0.5%)
Solana ~ $259.72 (0.1%)
Polkadot ~ $7.50 (20.6%)
Flow ~ $0.8144 (11.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.49 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $98,787.07 (-0.1%)
Ethereum ~ $3,350.96 (-0.5%)
Solana ~ $259.72 (0.1%)
Polkadot ~ $7.50 (20.6%)
Flow ~ $0.8144 (11.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Blockchain Association outlines crypto priorities for Trump’s first 100 days
Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office.
The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first…
https://cryptoinsight.ae/blockchain-association-outlines-crypto-priorities-for-trumps-first-100-days/
Website | Twitter | LinkedIn | Telegram
Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office.
The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first…
https://cryptoinsight.ae/blockchain-association-outlines-crypto-priorities-for-trumps-first-100-days/
Website | Twitter | LinkedIn | Telegram
BNB Chain’s RWA ecosystem gets official provider with new collaboration
Brickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem.
Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while…
https://cryptoinsight.ae/bnb-chains-rwa-ecosystem-gets-official-provider-with-new-collaboration/
Website | Twitter | LinkedIn | Telegram
Brickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem.
Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while…
https://cryptoinsight.ae/bnb-chains-rwa-ecosystem-gets-official-provider-with-new-collaboration/
Website | Twitter | LinkedIn | Telegram
South Korea’s Delio declared bankrupt with $1.75B in assets lost
South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year.
Some hope of making customers whole
Delio will begin liquidation proceedings. Customers can make claims through Feb. 21,…
https://cryptoinsight.ae/south-koreas-delio-declared-bankrupt-with-1-75b-in-assets-lost/
Website | Twitter | LinkedIn | Telegram
South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year.
Some hope of making customers whole
Delio will begin liquidation proceedings. Customers can make claims through Feb. 21,…
https://cryptoinsight.ae/south-koreas-delio-declared-bankrupt-with-1-75b-in-assets-lost/
Website | Twitter | LinkedIn | Telegram