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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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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Hello there!
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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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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Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy

Ether could see a rally to over $5,000 based on technical chart patterns, as analysts predict that Ether’s bullish momentum may extend another year until the end of 2025.

Ether price could surge above the $5,000 all-time high, driven by its correlation with Bitcoin price, which surpassed $100,000 for the first time in history on…

https://cryptoinsight.ae/ether-to-5k-on-fractals-blackrock-eth-etf-holdings-2x-with-500m-buy/

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Day started from:

The global cryptocurrency market cap today is $3.8 Trillion, a -2.1% change in the last 24 hours

Bitcoin ~ $99,259.79 (-0.5%)
Ethereum ~ $3,924.50 (-1.3%)
Solana ~ $231.41 (-2.7%)
Polkadot ~ $9.98 (-4.3%)
Flow ~ $1.11 (-2.1%)

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El Salvador’s Bitcoin gains top $300M — President

Salvadoran President Nayib Bukele highlighted the country’s unrealized gains from its Bitcoin investments on social media after the cryptocurrency surpassed $100,000 for the first time.

On Dec. 5, Bitcoin reached $100,000 for the first time, sparking celebrations within the crypto community. That same day, Autism Capital, a crypto-focused account on X, asked Bukele to share…

https://cryptoinsight.ae/el-salvadors-bitcoin-gains-top-300m-president/

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$100K Bitcoin price: From cypherpunk dream to financial mainstream

Once dismissed as a fringe asset of cypherpunks and tech enthusiasts, Bitcoin has climbed through milestone after milestone, from $1 in 2011 to $1,000 in 2013, and now to the coveted six-figure mark in 2024.

Bitcoin’s latest ascent speaks to its evolution from a curious experiment to a legitimate global financial asset.

But the journey…

https://cryptoinsight.ae/100k-bitcoin-price-from-cypherpunk-dream-to-financial-mainstream/

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Ethereum’s chart signals to traders that a new high could hit next week

Ether’s price is forming “structural changes,” indicating that a big move may be on the horizon. Some crypto commentators say it may retest its all-time high within the next seven days.

Bankless podcast host Ryan Adams said in a Dec. 9 X post that a new Ether all-time high “could happen” within the next week.…

https://cryptoinsight.ae/ethereums-chart-signals-to-traders-that-a-new-high-could-hit-next-week/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.62 Trillion, a -6.5% change in the last 24 hours

Bitcoin ~ $97,063.32 (-2.1%)
Ethereum ~ $3,718.65 (-5.2%)
Solana ~ $217.68 (-5.9%)
Polkadot ~ $8.58 (-13.9%)
Flow ~ $0.9244 (-16.5%)

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CoinDCX’s BitOasis receives full crypto license in Dubai

Dubai-based cryptocurrency trading platform BitOasis secured a new license in its home jurisdiction after being acquired by Indian crypto exchange CoinDCX.

BitOasis received a full virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced on Dec. 9.

The acquisition of the full license marked the final step in…

https://cryptoinsight.ae/coindcxs-bitoasis-receives-full-crypto-license-in-dubai/

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Crypto and blockchain will outpace outdated banking systems: Eric Trump

Modern banking systems worldwide are antiquated, and it’s only a matter of time before crypto and blockchain tech surpass them, says Eric Trump, an American businessman and the second son of Donald Trump.

In a Dec. 9 interview with CNBC’s Dan Murphy in Abu Dhabi, ahead of his keynote speech at the Bitcoin Conference, the…

https://cryptoinsight.ae/crypto-and-blockchain-will-outpace-outdated-banking-systems-eric-trump/

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