Hello there!
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a -1.0% change in the last 24 hours
Bitcoin ~ $98,209.36 (-0.6%)
Ethereum ~ $3,409.48 (1.8%)
Solana ~ $254.81 (-1.9%)
Polkadot ~ $9.00 (19.9%)
Flow ~ $0.9552 (17.3%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a -1.0% change in the last 24 hours
Bitcoin ~ $98,209.36 (-0.6%)
Ethereum ~ $3,409.48 (1.8%)
Solana ~ $254.81 (-1.9%)
Polkadot ~ $9.00 (19.9%)
Flow ~ $0.9552 (17.3%)
Follow and subscribe - @GulfCryptoInsight
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Hash-based zero-knowledge tech can quantum-proof Ethereum — XinXin Fan
Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference for Blockchain and argued that hash-based zero-knowledge technology is the most user-friendly way to quantum-proof the Ethereum network…
https://cryptoinsight.ae/hash-based-zero-knowledge-tech-can-quantum-proof-ethereum-xinxin-fan/
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Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference for Blockchain and argued that hash-based zero-knowledge technology is the most user-friendly way to quantum-proof the Ethereum network…
https://cryptoinsight.ae/hash-based-zero-knowledge-tech-can-quantum-proof-ethereum-xinxin-fan/
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Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows
Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption.
United States-based spot Bitcoin ETFs recorded a cumulative $2.42 billion worth of inflows during the trading week of Nov. 18–22, marking their fourth-largest week since…
https://cryptoinsight.ae/bitcoin-etfs-see-2-4b-inflows-as-china-etfs-hit-record-outflows/
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Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption.
United States-based spot Bitcoin ETFs recorded a cumulative $2.42 billion worth of inflows during the trading week of Nov. 18–22, marking their fourth-largest week since…
https://cryptoinsight.ae/bitcoin-etfs-see-2-4b-inflows-as-china-etfs-hit-record-outflows/
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Ether price faces correction before rally to $20K in 2025 — Analysts
The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs.
Ether rose over 33% during the past month to trade above $3,368 as of 10:23 am UTC on Nov. 23, Cointelegraph data shows.
Despite gaining ground, the world’s second-largest cryptocurrency could be poised for…
https://cryptoinsight.ae/ether-price-faces-correction-before-rally-to-20k-in-2025-analysts/
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The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs.
Ether rose over 33% during the past month to trade above $3,368 as of 10:23 am UTC on Nov. 23, Cointelegraph data shows.
Despite gaining ground, the world’s second-largest cryptocurrency could be poised for…
https://cryptoinsight.ae/ether-price-faces-correction-before-rally-to-20k-in-2025-analysts/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.5 Trillion, a -1.6% change in the last 24 hours
Bitcoin ~ $98,456.92 (0.2%)
Ethereum ~ $3,391.48 (-0.6%)
Solana ~ $254.16 (-0.3%)
Polkadot ~ $9.16 (1.7%)
Flow ~ $0.9454 (-1.1%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.5 Trillion, a -1.6% change in the last 24 hours
Bitcoin ~ $98,456.92 (0.2%)
Ethereum ~ $3,391.48 (-0.6%)
Solana ~ $254.16 (-0.3%)
Polkadot ~ $9.16 (1.7%)
Flow ~ $0.9454 (-1.1%)
Follow and subscribe - @GulfCryptoInsight
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Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in more than half a year.
Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million, respectively, with altcoins accounting…
https://cryptoinsight.ae/crypto-liquidations-reach-470m-as-bitcoin-retraces-altcoins-surge/
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Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in more than half a year.
Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million, respectively, with altcoins accounting…
https://cryptoinsight.ae/crypto-liquidations-reach-470m-as-bitcoin-retraces-altcoins-surge/
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Reserve Bank of India expanding cross-border payments platform
The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement — by adding new trading partners in the Asia and Middle East regions.
According to Bloomberg, India already has an agreement with neighboring Sri Lanka, Bhutan, and Nepal, with plans to add the United Arab…
https://cryptoinsight.ae/reserve-bank-of-india-expanding-cross-border-payments-platform/
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The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement — by adding new trading partners in the Asia and Middle East regions.
According to Bloomberg, India already has an agreement with neighboring Sri Lanka, Bhutan, and Nepal, with plans to add the United Arab…
https://cryptoinsight.ae/reserve-bank-of-india-expanding-cross-border-payments-platform/
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Australia begins consultation on OECD crypto reporting framework
Australia’s Treasury Department has released a consultation paper seeking feedback on applying an international reporting standard for cryptocurrency transactions. The initiative is part of a broader effort to enhance tax transparency and combat global tax evasion.
The consultation, launched on Nov. 21, focuses on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting…
https://cryptoinsight.ae/australia-begins-consultation-on-oecd-crypto-reporting-framework/
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Australia’s Treasury Department has released a consultation paper seeking feedback on applying an international reporting standard for cryptocurrency transactions. The initiative is part of a broader effort to enhance tax transparency and combat global tax evasion.
The consultation, launched on Nov. 21, focuses on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting…
https://cryptoinsight.ae/australia-begins-consultation-on-oecd-crypto-reporting-framework/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.41 Trillion, a -3.8% change in the last 24 hours
Bitcoin ~ $94,872.61 (-3.6%)
Ethereum ~ $3,430.57 (1.2%)
Solana ~ $238.93 (-5.9%)
Polkadot ~ $8.41 (-8.1%)
Flow ~ $0.9127 (-3.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.41 Trillion, a -3.8% change in the last 24 hours
Bitcoin ~ $94,872.61 (-3.6%)
Ethereum ~ $3,430.57 (1.2%)
Solana ~ $238.93 (-5.9%)
Polkadot ~ $8.41 (-8.1%)
Flow ~ $0.9127 (-3.2%)
Follow and subscribe - @GulfCryptoInsight
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Ethereum reclaims USDT dominance against Tron after 2 years
Ethereum has overtaken Tron as the biggest blockchain for the Tether stablecoin after a 10% increase in the supply of USDT on Ethereum over the last week.
There is now $60.3 billion worth of the United States dollar-backed stablecoin Tether USDT on Ethereum compared to Tron’s $58.1 billion, DefiLlama data shows.
USDT supply on Tron…
https://cryptoinsight.ae/ethereum-reclaims-usdt-dominance-against-tron-after-2-years/
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Ethereum has overtaken Tron as the biggest blockchain for the Tether stablecoin after a 10% increase in the supply of USDT on Ethereum over the last week.
There is now $60.3 billion worth of the United States dollar-backed stablecoin Tether USDT on Ethereum compared to Tron’s $58.1 billion, DefiLlama data shows.
USDT supply on Tron…
https://cryptoinsight.ae/ethereum-reclaims-usdt-dominance-against-tron-after-2-years/
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Base sees record 106 TPS as total value locked crosses $10B
Ethereum layer-2 network Base has just hit a record 106.26 transactions per second (TPS), furthering it from Taiko as the fastest Ethereum layer-2 solution, while its total value locked (TVL) recently surpassed $10 billion.
It marks a near 28% increase in TPS from Nov. 23. It was only in January when Base was averaging only…
https://cryptoinsight.ae/base-sees-record-106-tps-as-total-value-locked-crosses-10b/
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Ethereum layer-2 network Base has just hit a record 106.26 transactions per second (TPS), furthering it from Taiko as the fastest Ethereum layer-2 solution, while its total value locked (TVL) recently surpassed $10 billion.
It marks a near 28% increase in TPS from Nov. 23. It was only in January when Base was averaging only…
https://cryptoinsight.ae/base-sees-record-106-tps-as-total-value-locked-crosses-10b/
Website | Twitter | LinkedIn | Telegram
Farcaster founder teases Frames v2 ahead of full launch in 2025
Dan Romero, the founder of the decentralized Web3 social protocol Farcaster, has detailed an update to Frames, which once spiked the protocol’s users by 400% in a week.
“A new Frame standard that allows interactive applications, onchain transactions, and user notifications would enable many new kinds of social applications,” Romero said while introducing the specification…
https://cryptoinsight.ae/farcaster-founder-teases-frames-v2-ahead-of-full-launch-in-2025/
Website | Twitter | LinkedIn | Telegram
Dan Romero, the founder of the decentralized Web3 social protocol Farcaster, has detailed an update to Frames, which once spiked the protocol’s users by 400% in a week.
“A new Frame standard that allows interactive applications, onchain transactions, and user notifications would enable many new kinds of social applications,” Romero said while introducing the specification…
https://cryptoinsight.ae/farcaster-founder-teases-frames-v2-ahead-of-full-launch-in-2025/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.35 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $93,288.68 (-1.6%)
Ethereum ~ $3,423.74 (-0.2%)
Solana ~ $238.93 (-3.1%)
Polkadot ~ $8.18 (-2.8%)
Flow ~ $0.8698 (-4.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.35 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $93,288.68 (-1.6%)
Ethereum ~ $3,423.74 (-0.2%)
Solana ~ $238.93 (-3.1%)
Polkadot ~ $8.18 (-2.8%)
Flow ~ $0.8698 (-4.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Changpeng Zhao advocates for ‘real’ blockchain apps over memecoins
The former CEO of Binance, Changpeng “CZ” Zhao, urged the crypto community to shift its focus away from memecoins and into building “real” blockchain applications.
On Nov. 26, Zhao shared his growing distaste for the memecoin ecosystem. In an X post, he said that the memecoins are getting “a little” weird as opposed to being…
https://cryptoinsight.ae/changpeng-zhao-advocates-for-real-blockchain-apps-over-memecoins/
Website | Twitter | LinkedIn | Telegram
The former CEO of Binance, Changpeng “CZ” Zhao, urged the crypto community to shift its focus away from memecoins and into building “real” blockchain applications.
On Nov. 26, Zhao shared his growing distaste for the memecoin ecosystem. In an X post, he said that the memecoins are getting “a little” weird as opposed to being…
https://cryptoinsight.ae/changpeng-zhao-advocates-for-real-blockchain-apps-over-memecoins/
Website | Twitter | LinkedIn | Telegram
Central Bank of Iran promises CBDC launch, fintech to fight sanctions
Iran will launch a central bank digital currency (CBDC) in the near future, Central Bank of Iran (CBI) governor Mohammad Reza Farzin said at a national banking conference on Nov. 25. He called attention to the country’s well-developed digital financial infrastructure and pledged to continue to innovate in the face of sanctions.
CBDC to keep…
https://cryptoinsight.ae/central-bank-of-iran-promises-cbdc-launch-fintech-to-fight-sanctions/
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Iran will launch a central bank digital currency (CBDC) in the near future, Central Bank of Iran (CBI) governor Mohammad Reza Farzin said at a national banking conference on Nov. 25. He called attention to the country’s well-developed digital financial infrastructure and pledged to continue to innovate in the face of sanctions.
CBDC to keep…
https://cryptoinsight.ae/central-bank-of-iran-promises-cbdc-launch-fintech-to-fight-sanctions/
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‘Massive’ — BuilderNet aims to solve Ethereum’s centralized block problem
Blockchain infrastructure firm Flashbots has launched BuilderNet, a decentralized block-building network on Ethereum to “kill censorship” and solve one of the network’s biggest “chokepoints.”
BuilderNet, launched on Nov. 26, said it aims to allow “many parties to collaborate in building blocks.” This comes at a crucial time as around 88% of all Ethereum blocks have…
https://cryptoinsight.ae/massive-buildernet-aims-to-solve-ethereums-centralized-block-problem/
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Blockchain infrastructure firm Flashbots has launched BuilderNet, a decentralized block-building network on Ethereum to “kill censorship” and solve one of the network’s biggest “chokepoints.”
BuilderNet, launched on Nov. 26, said it aims to allow “many parties to collaborate in building blocks.” This comes at a crucial time as around 88% of all Ethereum blocks have…
https://cryptoinsight.ae/massive-buildernet-aims-to-solve-ethereums-centralized-block-problem/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.46 Trillion, a 2.1% change in the last 24 hours
Bitcoin ~ $95,274.92 (2.1%)
Ethereum ~ $3,583.04 (4.9%)
Solana ~ $237.64 (2.8%)
Polkadot ~ $8.17 (0.1%)
Flow ~ $0.8773 (1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.46 Trillion, a 2.1% change in the last 24 hours
Bitcoin ~ $95,274.92 (2.1%)
Ethereum ~ $3,583.04 (4.9%)
Solana ~ $237.64 (2.8%)
Polkadot ~ $8.17 (0.1%)
Flow ~ $0.8773 (1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
There’s more to Bitcoin than its price: Early dev shares BTC’s ‘new permutation’
Since its global debut on Oct. 31, 2008, Bitcoin has grown from a whimsically ambitious idea to an asset with a multitrillion-dollar market capitalization that is reforming how financial institutions view money.
Despite its nearly unbelievable journey from a mere idea to catalyzing a revolution within finance, many people say there is much more that…
https://cryptoinsight.ae/theres-more-to-bitcoin-than-its-price-early-dev-shares-btcs-new-permutation/
Website | Twitter | LinkedIn | Telegram
Since its global debut on Oct. 31, 2008, Bitcoin has grown from a whimsically ambitious idea to an asset with a multitrillion-dollar market capitalization that is reforming how financial institutions view money.
Despite its nearly unbelievable journey from a mere idea to catalyzing a revolution within finance, many people say there is much more that…
https://cryptoinsight.ae/theres-more-to-bitcoin-than-its-price-early-dev-shares-btcs-new-permutation/
Website | Twitter | LinkedIn | Telegram
Paul Atkins emerges as leading candidate for SEC chair
Former United States Securities and Exchange Commission (SEC) Commissioner Paul Atkins has emerged as the leading candidate to chair the agency under President-elect Donald Trump’s new administration.
Atkins is known for his pro-innovation stance and crypto expertise and is said to be capable of “returning the agency to the so-called ‘gold standard,’” according to an…
https://cryptoinsight.ae/paul-atkins-emerges-as-leading-candidate-for-sec-chair/
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Former United States Securities and Exchange Commission (SEC) Commissioner Paul Atkins has emerged as the leading candidate to chair the agency under President-elect Donald Trump’s new administration.
Atkins is known for his pro-innovation stance and crypto expertise and is said to be capable of “returning the agency to the so-called ‘gold standard,’” according to an…
https://cryptoinsight.ae/paul-atkins-emerges-as-leading-candidate-for-sec-chair/
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Blockchain protocols aim to break up digital advertising cartel
For decades, product developers have needed to go through tech giants like Facebook, Google, Instagram and TikTok to market their products.
If they didn’t pay up, they wouldn’t be able to reach their audience.
This traditional, centralized advertising industry is expected to generate over $1 trillion in revenue in 2025, according to a report from…
https://cryptoinsight.ae/blockchain-protocols-aim-to-break-up-digital-advertising-cartel/
Website | Twitter | LinkedIn | Telegram
For decades, product developers have needed to go through tech giants like Facebook, Google, Instagram and TikTok to market their products.
If they didn’t pay up, they wouldn’t be able to reach their audience.
This traditional, centralized advertising industry is expected to generate over $1 trillion in revenue in 2025, according to a report from…
https://cryptoinsight.ae/blockchain-protocols-aim-to-break-up-digital-advertising-cartel/
Website | Twitter | LinkedIn | Telegram