Bitcoin hits new $75K high as Trump takes early election lead
Bitcoin hit a new all-time high of over $75,000 on Nov. 6, well above its previous $73,800 high in March as traders piled into crypto with early results from the United States elections putting Donald Trump ahead.
At the start of the New York open, Bitcoin initially showed strength, rallying in excess of 3% to…
https://cryptoinsight.ae/bitcoin-hits-new-75k-high-as-trump-takes-early-election-lead/
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Bitcoin hit a new all-time high of over $75,000 on Nov. 6, well above its previous $73,800 high in March as traders piled into crypto with early results from the United States elections putting Donald Trump ahead.
At the start of the New York open, Bitcoin initially showed strength, rallying in excess of 3% to…
https://cryptoinsight.ae/bitcoin-hits-new-75k-high-as-trump-takes-early-election-lead/
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VanEck lists PYTH ETN in Europe
VanEck has listed an exchange-traded note (ETN) in Europe tracking the performance of the Pyth Network’s native token, PYTH, the asset manager said on Nov. 5.
The VanEck Pyth ETN will trade on Euronext Amsterdam and Euronext Paris, the asset manager said. It will be available to investors in 15 European countries, including Germany, France,…
https://cryptoinsight.ae/vaneck-lists-pyth-etn-in-europe/
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VanEck has listed an exchange-traded note (ETN) in Europe tracking the performance of the Pyth Network’s native token, PYTH, the asset manager said on Nov. 5.
The VanEck Pyth ETN will trade on Euronext Amsterdam and Euronext Paris, the asset manager said. It will be available to investors in 15 European countries, including Germany, France,…
https://cryptoinsight.ae/vaneck-lists-pyth-etn-in-europe/
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Binance, CZ file motion to dismiss SEC’s amended complaint
Binance continues its battle against the United States securities regulator amid allegations of violations related to certain cryptocurrencies.
Legal defense for Binance and its former CEO Changpeng “CZ” Zhao has filed a motion to dismiss an amended complaint by the US Securities and Exchange Commission.
In the motion filed on Nov. 4, lawyers for Binance…
https://cryptoinsight.ae/binance-cz-file-motion-to-dismiss-secs-amended-complaint/
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Binance continues its battle against the United States securities regulator amid allegations of violations related to certain cryptocurrencies.
Legal defense for Binance and its former CEO Changpeng “CZ” Zhao has filed a motion to dismiss an amended complaint by the US Securities and Exchange Commission.
In the motion filed on Nov. 4, lawyers for Binance…
https://cryptoinsight.ae/binance-cz-file-motion-to-dismiss-secs-amended-complaint/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.63 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $74,707.12 (-0.9%)
Ethereum ~ $2,825.41 (7.9%)
Solana ~ $187.98 (0.0%)
Polkadot ~ $4.13 (1.3%)
Flow ~ $0.5394 (0.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.63 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $74,707.12 (-0.9%)
Ethereum ~ $2,825.41 (7.9%)
Solana ~ $187.98 (0.0%)
Polkadot ~ $4.13 (1.3%)
Flow ~ $0.5394 (0.9%)
Follow and subscribe - @GulfCryptoInsight
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BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded
BlackRock’s Bitcoin exchange-traded fund (ETF) witnessed a record day of trading after Donald Trump’s victory in the United States presidential election.
In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on…
https://cryptoinsight.ae/blackrock-bitcoin-etf-sees-biggest-volume-day-ever-with-4-1b-traded/
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BlackRock’s Bitcoin exchange-traded fund (ETF) witnessed a record day of trading after Donald Trump’s victory in the United States presidential election.
In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on…
https://cryptoinsight.ae/blackrock-bitcoin-etf-sees-biggest-volume-day-ever-with-4-1b-traded/
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“Significant amount of capital” to be unlocked for crypto ventures — Bitfinex analysts
Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.
This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts:
“We…
https://cryptoinsight.ae/significant-amount-of-capital-to-be-unlocked-for-crypto-ventures-bitfinex-analysts/
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Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.
This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts:
“We…
https://cryptoinsight.ae/significant-amount-of-capital-to-be-unlocked-for-crypto-ventures-bitfinex-analysts/
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BNB Chain reveals no-code real-world asset tokenization service
BNB Chain has unveiled a new real-world asset tokenization service that provides individuals and businesses with a no-code solution to tokenize real-world assets in “minutes.”
According to the announcement, the new service streamlines the process of asset tokenization through in-built compliance tools and clear guidance through each step of the tokenization process — including asset…
https://cryptoinsight.ae/bnb-chain-reveals-no-code-real-world-asset-tokenization-service/
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BNB Chain has unveiled a new real-world asset tokenization service that provides individuals and businesses with a no-code solution to tokenize real-world assets in “minutes.”
According to the announcement, the new service streamlines the process of asset tokenization through in-built compliance tools and clear guidance through each step of the tokenization process — including asset…
https://cryptoinsight.ae/bnb-chain-reveals-no-code-real-world-asset-tokenization-service/
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Coinbase exec urges SEC reform after Trump’s election win
Paul Grewal, chief legal officer at Coinbase, urged the United States Securities and Exchange Commission to change its approach toward crypto following Donald Trump’s election as president for a second term.
Grewal expressed hope that the SEC would adopt a regulatory framework that favors open dialogue and innovation over litigation, reflecting a sentiment among crypto…
https://cryptoinsight.ae/coinbase-exec-urges-sec-reform-after-trumps-election-win/
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Paul Grewal, chief legal officer at Coinbase, urged the United States Securities and Exchange Commission to change its approach toward crypto following Donald Trump’s election as president for a second term.
Grewal expressed hope that the SEC would adopt a regulatory framework that favors open dialogue and innovation over litigation, reflecting a sentiment among crypto…
https://cryptoinsight.ae/coinbase-exec-urges-sec-reform-after-trumps-election-win/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.69 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $76,039.96 (1.7%)
Ethereum ~ $2,923.39 (3.4%)
Solana ~ $199.65 (6.1%)
Polkadot ~ $4.20 (1.9%)
Flow ~ $0.5378 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.69 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $76,039.96 (1.7%)
Ethereum ~ $2,923.39 (3.4%)
Solana ~ $199.65 (6.1%)
Polkadot ~ $4.20 (1.9%)
Flow ~ $0.5378 (-0.4%)
Follow and subscribe - @GulfCryptoInsight
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Election delivers big win for crypto, economic freedom — Coinbase CEO
The 2024 United States presidential election brought substantial shifts in crypto policy outlooks as Donald Trump prepares to return to the White House for a second term.
Following Trump’s victory and the Republican Party securing control of the Senate — with a House of Representatives majority also within reach — crypto advocates, including Coinbase CEO…
https://cryptoinsight.ae/election-delivers-big-win-for-crypto-economic-freedom-coinbase-ceo/
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The 2024 United States presidential election brought substantial shifts in crypto policy outlooks as Donald Trump prepares to return to the White House for a second term.
Following Trump’s victory and the Republican Party securing control of the Senate — with a House of Representatives majority also within reach — crypto advocates, including Coinbase CEO…
https://cryptoinsight.ae/election-delivers-big-win-for-crypto-economic-freedom-coinbase-ceo/
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Eclipse, the first Ethereum L2 based on Solana launches mainnet
Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live.
Eclipse allows users to transact on Ethereum faster and more cheaply using the Solana Virtual Machine (SVM) to execute transactions. Like other Ethereum L2s, the network bundles transactions and settles them on the Ethereum mainnet.
The Eclipse Foundation…
https://cryptoinsight.ae/eclipse-the-first-ethereum-l2-based-on-solana-launches-mainnet/
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Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live.
Eclipse allows users to transact on Ethereum faster and more cheaply using the Solana Virtual Machine (SVM) to execute transactions. Like other Ethereum L2s, the network bundles transactions and settles them on the Ethereum mainnet.
The Eclipse Foundation…
https://cryptoinsight.ae/eclipse-the-first-ethereum-l2-based-on-solana-launches-mainnet/
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Ethereum launches Mekong testnet to preview Pectra upgrade features
The Ethereum Foundation introduced a short-lived testnet called Mekong to allow developers to experiment with future upgrades before they reach the Ethereum mainnet.
On Nov. 7, the Ethereum Foundation — a nonprofit organization that supports Ethereum — announced it would launch the “Mekong testnet,” to allow developers to explore user experience (UX) changes and familiarize…
https://cryptoinsight.ae/ethereum-launches-mekong-testnet-to-preview-pectra-upgrade-features/
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The Ethereum Foundation introduced a short-lived testnet called Mekong to allow developers to experiment with future upgrades before they reach the Ethereum mainnet.
On Nov. 7, the Ethereum Foundation — a nonprofit organization that supports Ethereum — announced it would launch the “Mekong testnet,” to allow developers to explore user experience (UX) changes and familiarize…
https://cryptoinsight.ae/ethereum-launches-mekong-testnet-to-preview-pectra-upgrade-features/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.74 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $76,703.16 (0.8%)
Ethereum ~ $3,055.32 (4.5%)
Solana ~ $201.86 (1.1%)
Polkadot ~ $4.37 (3.9%)
Flow ~ $0.5508 (2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.74 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $76,703.16 (0.8%)
Ethereum ~ $3,055.32 (4.5%)
Solana ~ $201.86 (1.1%)
Polkadot ~ $4.37 (3.9%)
Flow ~ $0.5508 (2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
BlackRock’s spot Ether ETF clocks $60.3M inflows, the highest in 94 days
BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days.
BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data.
BlackRock’s large inflows come…
https://cryptoinsight.ae/blackrocks-spot-ether-etf-clocks-60-3m-inflows-the-highest-in-94-days/
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BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days.
BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data.
BlackRock’s large inflows come…
https://cryptoinsight.ae/blackrocks-spot-ether-etf-clocks-60-3m-inflows-the-highest-in-94-days/
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DeFi needs regulation to drive adoption — Web3 exec
While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go.
At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…
https://cryptoinsight.ae/defi-needs-regulation-to-drive-adoption-web3-exec/
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While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go.
At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…
https://cryptoinsight.ae/defi-needs-regulation-to-drive-adoption-web3-exec/
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$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices
Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7.
ERC-20 stablecoins flood exchanges
Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…
https://cryptoinsight.ae/9-3b-stablecoin-exchange-inflows-have-traders-bracing-higher-bitcoin-prices/
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Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7.
ERC-20 stablecoins flood exchanges
Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…
https://cryptoinsight.ae/9-3b-stablecoin-exchange-inflows-have-traders-bracing-higher-bitcoin-prices/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.83 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $79,035.76 (3.1%)
Ethereum ~ $3,174.11 (4.0%)
Solana ~ $206.19 (2.1%)
Polkadot ~ $4.96 (13.3%)
Flow ~ $0.5874 (6.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.83 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $79,035.76 (3.1%)
Ethereum ~ $3,174.11 (4.0%)
Solana ~ $206.19 (2.1%)
Polkadot ~ $4.96 (13.3%)
Flow ~ $0.5874 (6.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Cumulative traffic to exchanges increased by 8% in October — report
Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.
According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed…
https://cryptoinsight.ae/cumulative-traffic-to-exchanges-increased-by-8-in-october-report/
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Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.
According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed…
https://cryptoinsight.ae/cumulative-traffic-to-exchanges-increased-by-8-in-october-report/
Website | Twitter | LinkedIn | Telegram
Vitalik explores potential of ‘info finance’ as ETH tops $3K
Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is…
https://cryptoinsight.ae/vitalik-explores-potential-of-info-finance-as-eth-tops-3k/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is…
https://cryptoinsight.ae/vitalik-explores-potential-of-info-finance-as-eth-tops-3k/
Website | Twitter | LinkedIn | Telegram
A new Trump administration may boost crypto, but the devil is in the details
A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told Cointelegraph in the aftermath of the Nov. 5 presidential election.
It raises the odds for digital asset market structure legislation, and will probably bring along a stablecoin payment act as well.…
https://cryptoinsight.ae/a-new-trump-administration-may-boost-crypto-but-the-devil-is-in-the-details/
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A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told Cointelegraph in the aftermath of the Nov. 5 presidential election.
It raises the odds for digital asset market structure legislation, and will probably bring along a stablecoin payment act as well.…
https://cryptoinsight.ae/a-new-trump-administration-may-boost-crypto-but-the-devil-is-in-the-details/
Website | Twitter | LinkedIn | Telegram