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/
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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/
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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/
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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
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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/
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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/
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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/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.49 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $96,124.75 (0.9%)
Ethereum ~ $3,569.00 (-0.4%)
Solana ~ $240.14 (1.0%)
Polkadot ~ $8.49 (4.0%)
Flow ~ $0.8772 (-0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.49 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $96,124.75 (0.9%)
Ethereum ~ $3,569.00 (-0.4%)
Solana ~ $240.14 (1.0%)
Polkadot ~ $8.49 (4.0%)
Flow ~ $0.8772 (-0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Cardano founder predicts Bitcoin DeFi will dominate crypto within 3 years
Cardano founder Charles Hoskinson said decentralized finance in the Bitcoin ecosystem will eclipse all other crypto DeFi within two to three years.
He touted the potential for Bitcoin DeFi while making a bold price prediction and highlighting a new model for bridging Bitcoin without using centralized exchanges.
“I started in the Bitcoin space and I…
https://cryptoinsight.ae/cardano-founder-predicts-bitcoin-defi-will-dominate-crypto-within-3-years/
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Cardano founder Charles Hoskinson said decentralized finance in the Bitcoin ecosystem will eclipse all other crypto DeFi within two to three years.
He touted the potential for Bitcoin DeFi while making a bold price prediction and highlighting a new model for bridging Bitcoin without using centralized exchanges.
“I started in the Bitcoin space and I…
https://cryptoinsight.ae/cardano-founder-predicts-bitcoin-defi-will-dominate-crypto-within-3-years/
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Hong Kong proposes tax breaks to attract crypto hedge funds, investors
Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles to strengthen its position as a leading crypto financial hub.
The proposal, currently open for a six-week consultation, also includes exemptions for investments in private credit, overseas property and carbon credits, according to a report by the…
https://cryptoinsight.ae/hong-kong-proposes-tax-breaks-to-attract-crypto-hedge-funds-investors/
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Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles to strengthen its position as a leading crypto financial hub.
The proposal, currently open for a six-week consultation, also includes exemptions for investments in private credit, overseas property and carbon credits, according to a report by the…
https://cryptoinsight.ae/hong-kong-proposes-tax-breaks-to-attract-crypto-hedge-funds-investors/
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Ethereum L2s surpass record $51B TVL after 205% yearly growth
The Ethereum ecosystem is seeing increasing value growth, showing more investor interest in Ethereum-native assets.
Ethereum layer-2 (L2) networks have reached a new all-time high of more than $51.5 billion in cumulative total value locked (TVL).
This marks an over 205% increase in cumulative TVL, from just $16.6 billion in November 2023, L2beat data shows.…
https://cryptoinsight.ae/ethereum-l2s-surpass-record-51b-tvl-after-205-yearly-growth/
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The Ethereum ecosystem is seeing increasing value growth, showing more investor interest in Ethereum-native assets.
Ethereum layer-2 (L2) networks have reached a new all-time high of more than $51.5 billion in cumulative total value locked (TVL).
This marks an over 205% increase in cumulative TVL, from just $16.6 billion in November 2023, L2beat data shows.…
https://cryptoinsight.ae/ethereum-l2s-surpass-record-51b-tvl-after-205-yearly-growth/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.57 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $97,033.39 (1.0%)
Ethereum ~ $3,717.87 (4.2%)
Solana ~ $244.20 (1.7%)
Polkadot ~ $8.76 (3.1%)
Flow ~ $0.9611 (9.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.57 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $97,033.39 (1.0%)
Ethereum ~ $3,717.87 (4.2%)
Solana ~ $244.20 (1.7%)
Polkadot ~ $8.76 (3.1%)
Flow ~ $0.9611 (9.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Elixir taps Curve to bring BlackRock’s BUIDL to DeFi
Decentralized exchange Curve has joined with blockchain network Elixir to expand access to decentralized finance (DeFi) for BlackRock’s tokenized money market fund, Curve said on Nov. 29.
Token holders will soon be able to mint Elixer’s yield-bearing stablecoin, deUSD, against BlackRock USD Institutional Digital Liquidity Fund (BUIDL), Curve said.
They can then swap deUSD for…
https://cryptoinsight.ae/elixir-taps-curve-to-bring-blackrocks-buidl-to-defi/
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Decentralized exchange Curve has joined with blockchain network Elixir to expand access to decentralized finance (DeFi) for BlackRock’s tokenized money market fund, Curve said on Nov. 29.
Token holders will soon be able to mint Elixer’s yield-bearing stablecoin, deUSD, against BlackRock USD Institutional Digital Liquidity Fund (BUIDL), Curve said.
They can then swap deUSD for…
https://cryptoinsight.ae/elixir-taps-curve-to-bring-blackrocks-buidl-to-defi/
Website | Twitter | LinkedIn | Telegram
Ethena, Securitize join race for Spark’s $1B liquidity with USDtb
Synthetic dollar protocol Ethena Labs and tokenization platform Securitize have submitted a joint proposal to feature Ethena’s USDtb stablecoin in Spark’s $1 billion Tokenization Grand Prix. The competition seeks to onboard real-world assets (RWAs) to decentralized finance by offering liquidity to selected participants.
As part of the proposal, Ethena has included the introduction of a…
https://cryptoinsight.ae/ethena-securitize-join-race-for-sparks-1b-liquidity-with-usdtb/
Website | Twitter | LinkedIn | Telegram
Synthetic dollar protocol Ethena Labs and tokenization platform Securitize have submitted a joint proposal to feature Ethena’s USDtb stablecoin in Spark’s $1 billion Tokenization Grand Prix. The competition seeks to onboard real-world assets (RWAs) to decentralized finance by offering liquidity to selected participants.
As part of the proposal, Ethena has included the introduction of a…
https://cryptoinsight.ae/ethena-securitize-join-race-for-sparks-1b-liquidity-with-usdtb/
Website | Twitter | LinkedIn | Telegram
Taiwan enforces AML registration mandate for crypto providers
Taiwan advanced the introduction of its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses after authorities fined two crypto exchanges for violations.
On Nov. 27, the Financial Supervisory Commission (FSC) announced that the upcoming money laundering prevention registration mandate for crypto exchanges was shifted to Nov. 30 from the previous Jan. 1, 2025 deadline.
Per…
https://cryptoinsight.ae/taiwan-enforces-aml-registration-mandate-for-crypto-providers/
Website | Twitter | LinkedIn | Telegram
Taiwan advanced the introduction of its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses after authorities fined two crypto exchanges for violations.
On Nov. 27, the Financial Supervisory Commission (FSC) announced that the upcoming money laundering prevention registration mandate for crypto exchanges was shifted to Nov. 30 from the previous Jan. 1, 2025 deadline.
Per…
https://cryptoinsight.ae/taiwan-enforces-aml-registration-mandate-for-crypto-providers/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.56 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $96,526.39 (-0.7%)
Ethereum ~ $3,696.16 (-0.4%)
Solana ~ $236.30 (-3.4%)
Polkadot ~ $8.80 (0.2%)
Flow ~ $0.9538 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.56 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $96,526.39 (-0.7%)
Ethereum ~ $3,696.16 (-0.4%)
Solana ~ $236.30 (-3.4%)
Polkadot ~ $8.80 (0.2%)
Flow ~ $0.9538 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ether has 3-year cup-and-handle ‘in the making,’ analyst eyes $7.2K
Ether is forming a convincing pattern on the price chart, signaling a potential surge of up to 97% within the next four months, according to a crypto analyst.
“ETH has a 3-year cup and handle in the making; it is about to be completed now if Ethereum confirms $3.8k as support,” pseudonymous crypto analyst venturefounder…
https://cryptoinsight.ae/ether-has-3-year-cup-and-handle-in-the-making-analyst-eyes-7-2k/
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Ether is forming a convincing pattern on the price chart, signaling a potential surge of up to 97% within the next four months, according to a crypto analyst.
“ETH has a 3-year cup and handle in the making; it is about to be completed now if Ethereum confirms $3.8k as support,” pseudonymous crypto analyst venturefounder…
https://cryptoinsight.ae/ether-has-3-year-cup-and-handle-in-the-making-analyst-eyes-7-2k/
Website | Twitter | LinkedIn | Telegram
Hyperliquid’s HYPE token surges 60% after billion-dollar airdrop
Decentralized finance (DeFi) protocol Hyperliquid has entered the ranks of the largest airdrops in history with its genesis event on Nov. 29, when it distributed 310 million HYPE tokens to its community.
At the launch, the HYPE token was valued at $3.90, placing the total distribution at $1.2 billion, according to data from CoinGecko. The…
https://cryptoinsight.ae/hyperliquids-hype-token-surges-60-after-billion-dollar-airdrop/
Website | Twitter | LinkedIn | Telegram
Decentralized finance (DeFi) protocol Hyperliquid has entered the ranks of the largest airdrops in history with its genesis event on Nov. 29, when it distributed 310 million HYPE tokens to its community.
At the launch, the HYPE token was valued at $3.90, placing the total distribution at $1.2 billion, according to data from CoinGecko. The…
https://cryptoinsight.ae/hyperliquids-hype-token-surges-60-after-billion-dollar-airdrop/
Website | Twitter | LinkedIn | Telegram
Grayscale’s crypto portfolio up 85%, driven by triple-digit altcoin gains
Grayscale’s cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season.
Grayscale Trust Investment’s cryptocurrency holdings have increased by over 85% in market capitalization during the past month, according to Cryptorank data.
The asset management giant’s portfolio increase was primarily driven…
https://cryptoinsight.ae/grayscales-crypto-portfolio-up-85-driven-by-triple-digit-altcoin-gains/
Website | Twitter | LinkedIn | Telegram
Grayscale’s cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season.
Grayscale Trust Investment’s cryptocurrency holdings have increased by over 85% in market capitalization during the past month, according to Cryptorank data.
The asset management giant’s portfolio increase was primarily driven…
https://cryptoinsight.ae/grayscales-crypto-portfolio-up-85-driven-by-triple-digit-altcoin-gains/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.6 Trillion, a -0.4% change in the last 24 hours
Bitcoin ~ $96,287.08 (-0.2%)
Ethereum ~ $3,674.01 (-0.7%)
Solana ~ $227.07 (-3.9%)
Polkadot ~ $9.02 (2.6%)
Flow ~ $1.02 (6.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.6 Trillion, a -0.4% change in the last 24 hours
Bitcoin ~ $96,287.08 (-0.2%)
Ethereum ~ $3,674.01 (-0.7%)
Solana ~ $227.07 (-3.9%)
Polkadot ~ $9.02 (2.6%)
Flow ~ $1.02 (6.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram