Gulf Crypto Insight
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The first and only blockchain and cryptocurrency focused news portal in the Middle East.
https://cryptoinsight.ae/

The Content is for informational purposes only, you should not consider any such information or other material as financial or other advice
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Ethereum Beacon Chain ‘far from perfect’ but brings massive opportunity

As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network.

The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift toward a…

https://cryptoinsight.ae/ethereum-beacon-chain-far-from-perfect-but-brings-massive-opportunity/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.71 Trillion, a 0.0% change in the last 24 hours

Bitcoin ~ $96,547.26 (0.3%)
Ethereum ~ $3,674.97 (0.3%)
Solana ~ $236.90 (3.3%)
Polkadot ~ $9.98 (-2.7%)
Flow ~ $1.20 (2.1%)

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TRX hits $20B record high, flashing ‘altseason’ signal for December

The Tron token has surpassed a record $20 billion in market capitalization, flashing another bullish signal for altcoins leading into 2025.

The Tron price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, Cointelegraph data shows.

TRX is…

https://cryptoinsight.ae/trx-hits-20b-record-high-flashing-altseason-signal-for-december/

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Coinbase will drop law firms who hire anti-crypto former SEC staff — CEO

Coinbase CEO Brian Armstrong said the cryptocurrency exchange will not work with law firms that hire individuals involved in what he described as anti-crypto actions during their tenure in government.

On Dec. 3, Armstrong said in an X post that Coinbase will avoid law firms that hire people who tried to “unlawfully kill” an industry…

https://cryptoinsight.ae/coinbase-will-drop-law-firms-who-hire-anti-crypto-former-sec-staff-ceo/

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Tezos launches world’s first Uranium marketplace on blockchain

The global uranium trade could soon adopt blockchain technology, thanks to a new platform built on the Tezos blockchain.

Uranium.io the world’s first blockchain-based decentralized application for uranium trading, aims to lower the barriers to entry for investors.

The platform will launch in partnership with Curzon Uranium, a leading uranium trading company that traded over…

https://cryptoinsight.ae/tezos-launches-worlds-first-uranium-marketplace-on-blockchain/

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The global cryptocurrency market cap today is $3.82 Trillion, a 1.4% change in the last 24 hours

Bitcoin ~ $101,680 (5.2%)
Ethereum ~ $3,819.75 (4.0%)
Solana ~ $232.27 (-2.0%)
Polkadot ~ $10.34 (3.6%)
Flow ~ $1.18 (-1.8%)

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Bitcoin hits $100K: Why BTC price hit a new all-time high

Bitcoin has surged past the critical $100,000 level, marking a psychological milestone for crypto traders and vindication for hodlers and true believers.

The price has been surging skywards ever since the Republican victory in November’s election signaled an end to the war on crypto declared by the Biden administration and its appointed SEC Chair Gary…

https://cryptoinsight.ae/bitcoin-hits-100k-why-btc-price-hit-a-new-all-time-high/

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Crypto.com to launch Mastercard-powered card in Bahrain

Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.

According to a blog post from Mastercard, once issued, cardholders will be…

https://cryptoinsight.ae/crypto-com-to-launch-mastercard-powered-card-in-bahrain/

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Decentralized chatbots, gov’t bonds onchain — a16z’s 2025 crypto trends

Venture capital firm Andreessen Horowitz (a16z) has named key sectors within the crypto industry for the upcoming year, highlighting use cases for tokenization and the integration of artificial intelligence with blockchain technology as potential growth drivers.

According to a16z’s report, applications based on AI and running onchain are expected to deliver at least three emerging…

https://cryptoinsight.ae/decentralized-chatbots-govt-bonds-onchain-a16zs-2025-crypto-trends/

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Day started from:

The global cryptocurrency market cap today is $3.77 Trillion, a -2.7% change in the last 24 hours

Bitcoin ~ $98,039.66 (-3.6%)
Ethereum ~ $3,910.08 (2.1%)
Solana ~ $239.22 (2.9%)
Polkadot ~ $10.64 (2.7%)
Flow ~ $1.16 (-2.0%)

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No blockchain can be a ‘lonely island’ — Emurgo exec

An Emurgo executive says Blockchain networks must embrace interoperability to thrive.

At India Blockchain Week 2024, Cointelegraph’s Arijit Sarkar spoke with Emurgo’s global head of business development, Amarpreet Singh, who highlighted the necessity of interconnected blockchain systems and stablecoins to drive widespread Web3 adoption.

Singh said no matter what road a blockchain takes, it will…

https://cryptoinsight.ae/no-blockchain-can-be-a-lonely-island-emurgo-exec/

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How $100K Bitcoin impacts the wealth gap in the digital age

Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality.

The Bitcoin price rose to a record…

https://cryptoinsight.ae/how-100k-bitcoin-impacts-the-wealth-gap-in-the-digital-age/

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India’s Web3 dominance fueled by 1K startups, global investments, dev talent

A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape.

India currently hosts over 1,000 Web3 startups across the finance, infrastructure and entertainment sectors, according to a Hashed Emergent report released on Dec. 4 at the India Blockchain…

https://cryptoinsight.ae/indias-web3-dominance-fueled-by-1k-startups-global-investments-dev-talent/

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Day started from:

The global cryptocurrency market cap today is $3.83 Trillion, a 0.2% change in the last 24 hours

Bitcoin ~ $99,386.29 (1.3%)
Ethereum ~ $3,993.74 (2.1%)
Solana ~ $235.66 (2.9%)
Polkadot ~ $10.64 (-1.4%)
Flow ~ $1.15 (-0.5%)

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Ether poised to outperform Bitcoin: Bybit

Ether outshined Bitcoin in the cryptocurrency spot and derivative markets after the United States Nov. 5 presidential election and keeps gaining momentum, according to a Dec. 2 report by crypto exchange Bybit.

In November, Ether “gained significant traction against BTC, as reflected by the sharp drops in the ratio between their spot prices,” Bybit said…

https://cryptoinsight.ae/ether-poised-to-outperform-bitcoin-bybit/

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EigenLayer to upgrade restaking rewards

EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to grant more flexibility to protocols and restakers, according to a Dec. 6 blog post.

The changes let third-party protocols using EigenLayer — dubbed actively validated services (AVSs) — distribute rewards to validators based on performance. They also let validators, or “operators,” set fee rates…

https://cryptoinsight.ae/eigenlayer-to-upgrade-restaking-rewards/

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How Bitcoin shapes the future economy

Opinion by: Bader Kalooti, regional growth and operations lead (MENASAT) at Binance.

We live in an extraordinary era of Web3 and blockchain technology. Despite being a relatively young industry, today’s mass adoption and enthusiasm surrounding digital assets is unprecedented. More people are getting involved and more people are talking about it. Hesitation is quickly fading.…

https://cryptoinsight.ae/how-bitcoin-shapes-the-future-economy/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.83 Trillion, a -1.3% change in the last 24 hours

Bitcoin ~ $99,677.10 (0.3%)
Ethereum ~ $3,975.60 (-0.4%)
Solana ~ $237.78 (0.9%)
Polkadot ~ $10.42 (-1.7%)
Flow ~ $1.13 (-2.0%)

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Layer-2 networks need decentralized sequencers — Metis co-founder

As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists.

Elena Sinelnikova, co-founder of the Metis L2, recently told Cointelegraph that layer-2 scaling solutions should adopt decentralized sequencers to maximize anti-fragility and censorship resistance.

According to Sinelnikova, most layer-2…

https://cryptoinsight.ae/layer-2-networks-need-decentralized-sequencers-metis-co-founder/

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Bitcoin can separate money and state — David Sacks

David Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new “Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin as a potential way to separate money and state.

Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for…

https://cryptoinsight.ae/bitcoin-can-separate-money-and-state-david-sacks/

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