Hello there!
Day started from:
The global cryptocurrency market cap today is $2.88 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $80,670.16 (1.7%)
Ethereum ~ $3,124.48 (-2.1%)
Solana ~ $205.37 (-1.1%)
Polkadot ~ $5.04 (0.8%)
Flow ~ $0.5984 (2.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.88 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $80,670.16 (1.7%)
Ethereum ~ $3,124.48 (-2.1%)
Solana ~ $205.37 (-1.1%)
Polkadot ~ $5.04 (0.8%)
Flow ~ $0.5984 (2.4%)
Follow and subscribe - @GulfCryptoInsight
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a16z sees ‘greater flexibility to experiment’ with crypto under Trump
The crypto arm of venture capital firm Andreessen Horowitz (a16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.
“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before…
https://cryptoinsight.ae/a16z-sees-greater-flexibility-to-experiment-with-crypto-under-trump/
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The crypto arm of venture capital firm Andreessen Horowitz (a16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.
“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before…
https://cryptoinsight.ae/a16z-sees-greater-flexibility-to-experiment-with-crypto-under-trump/
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Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election.
According to CoinMarketCap, the market cap of Ether now stands at around $383 billion, up almost 5% in 24 hours, putting it roughly…
https://cryptoinsight.ae/ethereum-hits-3-2k-surpassing-bank-of-america-market-cap/
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Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election.
According to CoinMarketCap, the market cap of Ether now stands at around $383 billion, up almost 5% in 24 hours, putting it roughly…
https://cryptoinsight.ae/ethereum-hits-3-2k-surpassing-bank-of-america-market-cap/
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Charles Hoskinson shares new plans to ‘help foster’ US crypto policies
Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States.
“I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help…
https://cryptoinsight.ae/charles-hoskinson-shares-new-plans-to-help-foster-us-crypto-policies/
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Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States.
“I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help…
https://cryptoinsight.ae/charles-hoskinson-shares-new-plans-to-help-foster-us-crypto-policies/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.11 Trillion, a 6.8% change in the last 24 hours
Bitcoin ~ $88,407.08 (9.4%)
Ethereum ~ $3,333.65 (6.6%)
Solana ~ $218.60 (6.2%)
Polkadot ~ $5.50 (9.6%)
Flow ~ $0.6204 (2.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.11 Trillion, a 6.8% change in the last 24 hours
Bitcoin ~ $88,407.08 (9.4%)
Ethereum ~ $3,333.65 (6.6%)
Solana ~ $218.60 (6.2%)
Polkadot ~ $5.50 (9.6%)
Flow ~ $0.6204 (2.9%)
Follow and subscribe - @GulfCryptoInsight
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Decentralized market making to play a key role in the future of DeFi
The cryptocurrency market has transformed the financial landscape by introducing decentralized finance (DeFi) and innovative economic models. As a digital ecosystem where traditional intermediaries are bypassed, DeFi promises transparency, security and inclusivity.
But here’s the catch: not all areas of the cryptocurrency market have fully embraced decentralization. Some corners of the crypto landscape, like market…
https://cryptoinsight.ae/decentralized-market-making-to-play-a-key-role-in-the-future-of-defi/
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The cryptocurrency market has transformed the financial landscape by introducing decentralized finance (DeFi) and innovative economic models. As a digital ecosystem where traditional intermediaries are bypassed, DeFi promises transparency, security and inclusivity.
But here’s the catch: not all areas of the cryptocurrency market have fully embraced decentralization. Some corners of the crypto landscape, like market…
https://cryptoinsight.ae/decentralized-market-making-to-play-a-key-role-in-the-future-of-defi/
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Dubai-based Web3 Unleashed hackathon announces finalists, reveals prize pool
Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will see 15 promising Web3 projects competing for a prize pool of $160,000.
Dubai has established itself as a global hotspot for Web3 and blockchain ecosystems. From its crypto-friendly regulations to dynamic events, the United Arab Emirates metropolis has…
https://cryptoinsight.ae/dubai-based-web3-unleashed-hackathon-announces-finalists-reveals-prize-pool/
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Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will see 15 promising Web3 projects competing for a prize pool of $160,000.
Dubai has established itself as a global hotspot for Web3 and blockchain ecosystems. From its crypto-friendly regulations to dynamic events, the United Arab Emirates metropolis has…
https://cryptoinsight.ae/dubai-based-web3-unleashed-hackathon-announces-finalists-reveals-prize-pool/
Website | Twitter | LinkedIn | Telegram
‘Defanging the SEC’ may turbocharge US economy: Cathie Wood
ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovation and investment in emerging technologies.
“Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically…
https://cryptoinsight.ae/defanging-the-sec-may-turbocharge-us-economy-cathie-wood/
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ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovation and investment in emerging technologies.
“Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically…
https://cryptoinsight.ae/defanging-the-sec-may-turbocharge-us-economy-cathie-wood/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.01 Trillion, a -4.7% change in the last 24 hours
Bitcoin ~ $86,951.68 (-1.8%)
Ethereum ~ $3,158.91 (-5.3%)
Solana ~ $206.57 (-5.7%)
Polkadot ~ $5.05 (-8.4%)
Flow ~ $0.5749 (-7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.01 Trillion, a -4.7% change in the last 24 hours
Bitcoin ~ $86,951.68 (-1.8%)
Ethereum ~ $3,158.91 (-5.3%)
Solana ~ $206.57 (-5.7%)
Polkadot ~ $5.05 (-8.4%)
Flow ~ $0.5749 (-7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
PayPal USD links with LayerZero for transfers between Ethereum and Solana
PayPal’s United States dollar-pegged stablecoin, PayPal USD has integrated with the cross-blockchain bridging protocol LayerZero to enable transfers between Ethereum and Solana.
In a Nov. 12 statement, LayerZero said that PYUSD now uses its Omnichain Fungible Token (OFT) Standard to enable the crosschain transfers, which will “enable users who self-custody their tokens to seamlessly transfer…
https://cryptoinsight.ae/paypal-usd-links-with-layerzero-for-transfers-between-ethereum-and-solana/
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PayPal’s United States dollar-pegged stablecoin, PayPal USD has integrated with the cross-blockchain bridging protocol LayerZero to enable transfers between Ethereum and Solana.
In a Nov. 12 statement, LayerZero said that PYUSD now uses its Omnichain Fungible Token (OFT) Standard to enable the crosschain transfers, which will “enable users who self-custody their tokens to seamlessly transfer…
https://cryptoinsight.ae/paypal-usd-links-with-layerzero-for-transfers-between-ethereum-and-solana/
Website | Twitter | LinkedIn | Telegram
DeFi Technologies launches SolFi as “Microstrategy for Solana”
DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana”, according to a Nov. 12 announcement.
SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments,”…
https://cryptoinsight.ae/defi-technologies-launches-solfi-as-microstrategy-for-solana/
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DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana”, according to a Nov. 12 announcement.
SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments,”…
https://cryptoinsight.ae/defi-technologies-launches-solfi-as-microstrategy-for-solana/
Website | Twitter | LinkedIn | Telegram
Interoperability pushed to new heights on Polkadot with protocol launch
Hyperbridge, a long-awaited protocol for crosschain applications, launches its mainnet on Polkadot.
Contrary to traditional finance, blockchain space is ripe with networks that can’t communicate with each other on their own. The lack of native interoperability between blockchains has long been an obstacle that prevents asset and data transfer across chains. Interoperability is key to…
https://cryptoinsight.ae/interoperability-pushed-to-new-heights-on-polkadot-with-protocol-launch/
Website | Twitter | LinkedIn | Telegram
Hyperbridge, a long-awaited protocol for crosschain applications, launches its mainnet on Polkadot.
Contrary to traditional finance, blockchain space is ripe with networks that can’t communicate with each other on their own. The lack of native interoperability between blockchains has long been an obstacle that prevents asset and data transfer across chains. Interoperability is key to…
https://cryptoinsight.ae/interoperability-pushed-to-new-heights-on-polkadot-with-protocol-launch/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.13 Trillion, a 2.9% change in the last 24 hours
Bitcoin ~ $90,200.23 (3.6%)
Ethereum ~ $3,232.59 (2.3%)
Solana ~ $220.09 (6.5%)
Polkadot ~ $5.19 (2.8%)
Flow ~ $0.606 (5.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.13 Trillion, a 2.9% change in the last 24 hours
Bitcoin ~ $90,200.23 (3.6%)
Ethereum ~ $3,232.59 (2.3%)
Solana ~ $220.09 (6.5%)
Polkadot ~ $5.19 (2.8%)
Flow ~ $0.606 (5.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto firms push for SEC changes, crypto out of courts
With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.
Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes…
https://cryptoinsight.ae/crypto-firms-push-for-sec-changes-crypto-out-of-courts/
Website | Twitter | LinkedIn | Telegram
With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.
Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes…
https://cryptoinsight.ae/crypto-firms-push-for-sec-changes-crypto-out-of-courts/
Website | Twitter | LinkedIn | Telegram
Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a “Low probability” that President-Elect Trump will establish a Bitcoin strategic reserve during his term.
In an interview with Bloomberg TV, the Galaxy Digital CEO explained that he expects a clash between the different branches of government to obstruct the…
https://cryptoinsight.ae/bitcoin-strategic-reserve-unlikely-under-trump-mike-novogratz/
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Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a “Low probability” that President-Elect Trump will establish a Bitcoin strategic reserve during his term.
In an interview with Bloomberg TV, the Galaxy Digital CEO explained that he expects a clash between the different branches of government to obstruct the…
https://cryptoinsight.ae/bitcoin-strategic-reserve-unlikely-under-trump-mike-novogratz/
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Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations.
The new organization will “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump stated.
“This will send shockwaves…
https://cryptoinsight.ae/trump-taps-elon-musk-and-vivek-ramaswamy-to-slash-govt-with-doge/
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United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations.
The new organization will “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump stated.
“This will send shockwaves…
https://cryptoinsight.ae/trump-taps-elon-musk-and-vivek-ramaswamy-to-slash-govt-with-doge/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.05 Trillion, a -4.0% change in the last 24 hours
Bitcoin ~ $88,011.36 (-2.3%)
Ethereum ~ $3,070.58 (-4.9%)
Solana ~ $209.61 (-4.7%)
Polkadot ~ $4.88 (-6.1%)
Flow ~ $0.5815 (-4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.05 Trillion, a -4.0% change in the last 24 hours
Bitcoin ~ $88,011.36 (-2.3%)
Ethereum ~ $3,070.58 (-4.9%)
Solana ~ $209.61 (-4.7%)
Polkadot ~ $4.88 (-6.1%)
Flow ~ $0.5815 (-4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO
The ongoing legal battles between crypto firms and the United States securities regulator will likely fade away with Donald Trump reelected as the 47th president of the United States, Consensys CEO Joe Lubin said.
“So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or…
https://cryptoinsight.ae/sec-crypto-cases-will-be-dismissed-or-settled-under-trump-consensys-ceo/
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The ongoing legal battles between crypto firms and the United States securities regulator will likely fade away with Donald Trump reelected as the 47th president of the United States, Consensys CEO Joe Lubin said.
“So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or…
https://cryptoinsight.ae/sec-crypto-cases-will-be-dismissed-or-settled-under-trump-consensys-ceo/
Website | Twitter | LinkedIn | Telegram
Institutional investors signal long-term commitment to crypto
Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto.
In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests…
https://cryptoinsight.ae/institutional-investors-signal-long-term-commitment-to-crypto/
Website | Twitter | LinkedIn | Telegram
Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto.
In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests…
https://cryptoinsight.ae/institutional-investors-signal-long-term-commitment-to-crypto/
Website | Twitter | LinkedIn | Telegram
How to build a cryptocurrency mining rig
Key takeaways
Building a Bitcoin mining rig in 2024 requires a significant upfront investment and ongoing electricity costs.
Joining a mining pool can help offset costs and provide stabler monthly returns compared to solo mining.
The type of cryptocurrency you choose to mine will determine your hardware and software requirements, with Bitcoin requiring ASICs, while…
https://cryptoinsight.ae/how-to-build-a-cryptocurrency-mining-rig/
Website | Twitter | LinkedIn | Telegram
Key takeaways
Building a Bitcoin mining rig in 2024 requires a significant upfront investment and ongoing electricity costs.
Joining a mining pool can help offset costs and provide stabler monthly returns compared to solo mining.
The type of cryptocurrency you choose to mine will determine your hardware and software requirements, with Bitcoin requiring ASICs, while…
https://cryptoinsight.ae/how-to-build-a-cryptocurrency-mining-rig/
Website | Twitter | LinkedIn | Telegram