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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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.28 Trillion, a -3.1% change in the last 24 hours

Bitcoin ~ $97,299.21 (-0.9%)
Ethereum ~ $2,706.26 (-4.7%)
Solana ~ $192.18 (-5.4%)
Polkadot ~ $4.59 (-4.3%)
Flow ~ $0.4752 (-4.0%)

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Tether brings USDT stablecoin to UAE real estate market with Reelly Tech

Cryptocurrency firm Tether is expanding the use of its USDt stablecoin in real estate transactions through a new partnership with Reelly Tech, a United Arab Emirates-based real estate platform.

The partnership aims to simplify property transactions using Tether’s USDt stablecoin.

As part of the partnership, Reelly Tech will offer its customers the opportunity to use…

https://cryptoinsight.ae/tether-brings-usdt-stablecoin-to-uae-real-estate-market-with-reelly-tech/

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Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs

Real-world asset tokenization platform Ondo Finance said it will launch an institution-focused layer-1 blockchain for Wall Street firms to tokenize RWAs.

Ondo announced Ondo Chain on Feb. 6 during its inaugural New York summit. Chase Herro, co-founder of the Trump family’s World Liberty Financial, reportedly told the summit that the crypto platform would create a…

https://cryptoinsight.ae/ondo-finance-unveils-layer-1-blockchain-for-institutions-to-tokenize-rwas/

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The role of stablecoins and RWAs in DeFi: HTX Ventures report

The 2024 US presidential election was a pivotal moment for the crypto industry that will shape crypto regulation. These developments will create new opportunities and accelerate decentralized finance’s (DeFi’s) integration with traditional finance. A new HTX Ventures report explores how Real-World Assets (RWA), stablecoins and regulatory developments may reshape the DeFi landscape. The report examines…

https://cryptoinsight.ae/the-role-of-stablecoins-and-rwas-in-defi-htx-ventures-report/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.24 Trillion, a -2.8% change in the last 24 hours

Bitcoin ~ $96,085.55 (-1.1%)
Ethereum ~ $2,623.63 (-2.8%)
Solana ~ $190.95 (-0.3%)
Polkadot ~ $4.55 (-0.5%)
Flow ~ $0.477 (0.7%)

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Binance CEO highlights institutional role in driving Bitcoin adoption

Richard Teng, the CEO of crypto exchange Binance, highlighted the importance of institutional investors and evolving regulations for the wider adoption of cryptocurrencies.

The spot Bitcoin exchange-traded funds (ETFs) market in the US raked in $44.2 billion in its first year of operations since Jan. 10, 2024. In January 2025 alone, the Bitcoin ETF market…

https://cryptoinsight.ae/binance-ceo-highlights-institutional-role-in-driving-bitcoin-adoption/

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SEC seeks more time to mull options on Ethereum ETFs

US regulators said they need more time to decide whether to permit the trading of options tied to Ether exchange-traded funds (ETFs), according to a Feb. 7 regulatory filing.

The filing was a response to Nasdaq ISE’s July request for permission to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA). The US Securities and…

https://cryptoinsight.ae/sec-seeks-more-time-to-mull-options-on-ethereum-etfs/

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Stablecoins account for 90% of crypto use in Brazil — Central bank chief

Stablecoins dominate cryptocurrency transactions in Brazil, according to Gabriel Galipolo, president of the Central Bank of Brazil.

Speaking at a Bank for International Settlements event in Mexico City, Galipolo said digital asset use in Brazil has surged in the last three years, according to a report by Reuters. Galipolo said 90% of crypto use in…

https://cryptoinsight.ae/stablecoins-account-for-90-of-crypto-use-in-brazil-central-bank-chief/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.3 Trillion, a 0.2% change in the last 24 hours

Bitcoin ~ $96,909.85 (0.8%)
Ethereum ~ $2,653.94 (1.1%)
Solana ~ $204.63 (7.0%)
Polkadot ~ $4.73 (3.9%)
Flow ~ $0.5046 (5.7%)

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Onchain real-world assets gain traction amid Bitcoin market uncertainty

Real-world assets (RWAs) are gaining traction as investors seek stable, yield-generating alternatives amid Bitcoin’s recent price stagnation and global market uncertainties.

RWA tokenization refers to financial products and tangible assets like real estate and fine art minted on the blockchain, increasing investor accessibility and trading opportunities of these assets.

Bitcoin fell below the $100,000 psychological…

https://cryptoinsight.ae/onchain-real-world-assets-gain-traction-amid-bitcoin-market-uncertainty/

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Coinbase’s $420B AUM exceeds 21st largest US bank — Armstrong

Coinbase’s assets under management (AUM) make the cryptocurrency exchange worth more than the 21st largest bank in the United States, showcasing the continued growth of the crypto industry.

Coinbase, the world’s third-largest centralized cryptocurrency exchange (CEX) by trading volume, is holding over $420 billion worth of digital assets on behalf of its users.

The $420…

https://cryptoinsight.ae/coinbases-420b-aum-exceeds-21st-largest-us-bank-armstrong/

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Quantum computing will bring lost Bitcoin ‘back in circulation’ — Tether CEO

Tether CEO Paolo Ardoino predicts that quantum computing will eventually hack inactive Bitcoin wallets, returning the Bitcoin in those wallets to circulation.

However, he says this is still a long way off.

“Any Bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,” Ardoino said in a Feb.…

https://cryptoinsight.ae/quantum-computing-will-bring-lost-bitcoin-back-in-circulation-tether-ceo/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $3.29 Trillion, a -2.0% change in the last 24 hours

Bitcoin ~ $96,977.93 (0.2%)
Ethereum ~ $2,633.44 (-0.7%)
Solana ~ $202.29 (-1.1%)
Polkadot ~ $4.79 (1.1%)
Flow ~ $0.4998 (-0.9%)

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Bitcoin stumbles as Trump announces 25% steel and aluminum tariffs

Crypto markets stumbled as US President Donald Trump announced tariffs on aluminum and steel — the latest salvo in an escalating US trade war.

Trump said that any “steel coming into the United States” and aluminum will be hit with a 25% tariff, according to a Feb. 9 report by the Associated Press.

He also…

https://cryptoinsight.ae/bitcoin-stumbles-as-trump-announces-25-steel-and-aluminum-tariffs/

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Current chain abstraction methods are fragmenting crypto — Web3 exec

Anurag Arjun, co-founder of Avail — a unified chain abstraction solution — and the Polygon layer-2 scaling solution, told Cointelegraph that most current chain abstraction techniques create even more fragmentation of the crypto ecosystem.

The tech founder said that each distinct blockchain base layer features its own set of security assumptions, making interoperability between chains…

https://cryptoinsight.ae/current-chain-abstraction-methods-are-fragmenting-crypto-web3-exec/

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What is Tether (USDt), and how does it work?

What is Tether (USDt)?
Tether’s USDt is a stablecoin, a type of cryptocurrency whose value is pegged to a real-world asset.

Unlike many cryptocurrencies known for their price swings, Tether’s USDt is designed to maintain a consistent price tied to the US dollar. This price stability makes Tether an appealing option for investors who want…

https://cryptoinsight.ae/what-is-tether-usdt-and-how-does-it-work/

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