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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The global cryptocurrency market cap today is $3.36 Trillion, a 0.4% change in the last 24 hours

Bitcoin ~ $98,217.92 (1.3%)
Ethereum ~ $2,706.40 (2.8%)
Solana ~ $204.47 (1.1%)
Polkadot ~ $5.17 (8.0%)
Flow ~ $0.5304 (6.1%)

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Grayscale, NYSE Arca file to launch US-based spot Cardano ETF

NYSE Arca, a subsidiary of the NYSE Group, has filed on behalf of crypto asset manager Grayscale to launch a spot Cardano exchange-traded fund (ETF).

In a Feb. 10 proposed rule change filing to the SEC, NYSE Arca proposed that the stock exchange list and trade shares of a new Grayscale Cardano Trust.

If approved,…

https://cryptoinsight.ae/grayscale-nyse-arca-file-to-launch-us-based-spot-cardano-etf/

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Ethereum fees dip below $1M for the first since September 2024

Daily transaction fees on the Ethereum network have fallen to their lowest level since September 2024, according to data from Token Terminal.

Ethereum generated $731,472 in daily fees on Feb. 8, marking the first time in five months that daily revenue dropped below $1 million. The network experienced a similar slump from Aug. 17 to…

https://cryptoinsight.ae/ethereum-fees-dip-below-1m-for-the-first-since-september-2024/

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Web3-focused campaign aims to catapult DePIN into mainstream

To drive real-world adoption of DePIN, layer-1 blockchain peaq launched the Get Real campaign, which rewards users for contributing to real-world DApps.

The decentralized physical infrastructure network (DePIN) sector experienced significant growth in 2024, with its market capitalization surging 132% to surpass $40 billion. The rise is fueled by DePIN’s ability to generate tangible value…

https://cryptoinsight.ae/web3-focused-campaign-aims-to-catapult-depin-into-mainstream/

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