Hello there!
Day started from:
The global cryptocurrency market cap today is $3.31 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $96,967.66 (4.6%)
Ethereum ~ $3,107.26 (-0.1%)
Solana ~ $238.29 (1.2%)
Polkadot ~ $5.67 (-3.4%)
Flow ~ $0.6943 (1.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.31 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $96,967.66 (4.6%)
Ethereum ~ $3,107.26 (-0.1%)
Solana ~ $238.29 (1.2%)
Polkadot ~ $5.67 (-3.4%)
Flow ~ $0.6943 (1.2%)
Follow and subscribe - @GulfCryptoInsight
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SEC delays Franklin Templeton crypto index ETF decision
The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025.
In a Nov. 20 letter, the regulatory agency explained that it received no comments after publishing the proposed rule change to list the crypto index ETF on the Federal Register on Oct.…
https://cryptoinsight.ae/sec-delays-franklin-templeton-crypto-index-etf-decision/
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The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025.
In a Nov. 20 letter, the regulatory agency explained that it received no comments after publishing the proposed rule change to list the crypto index ETF on the Federal Register on Oct.…
https://cryptoinsight.ae/sec-delays-franklin-templeton-crypto-index-etf-decision/
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DeFi, gaming will be ‘most positively affected’ by Trump: Sky Mavis
Blockchain gaming, along with decentralized finance, will likely benefit most from Trump’s presidency, says Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis.
Speaking to Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21, Zirlin said the “token design” space would be set to yield the most benefit from the new…
https://cryptoinsight.ae/defi-gaming-will-be-most-positively-affected-by-trump-sky-mavis/
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Blockchain gaming, along with decentralized finance, will likely benefit most from Trump’s presidency, says Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis.
Speaking to Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21, Zirlin said the “token design” space would be set to yield the most benefit from the new…
https://cryptoinsight.ae/defi-gaming-will-be-most-positively-affected-by-trump-sky-mavis/
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Stablecoin bill faces several challenges — former Senator Pat Toomey
Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the United States.
In an interview with Cointelegraph’s Turner Wright, the former Pennsylvania Senator cited bankruptcy resolution for failing stablecoin firms, reserve requirements, insurance on…
https://cryptoinsight.ae/stablecoin-bill-faces-several-challenges-former-senator-pat-toomey/
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Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the United States.
In an interview with Cointelegraph’s Turner Wright, the former Pennsylvania Senator cited bankruptcy resolution for failing stablecoin firms, reserve requirements, insurance on…
https://cryptoinsight.ae/stablecoin-bill-faces-several-challenges-former-senator-pat-toomey/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.44 Trillion, a 2.3% change in the last 24 hours
Bitcoin ~ $98,966.50 (1.6%)
Ethereum ~ $3,372.42 (8.0%)
Solana ~ $259.81 (8.6%)
Polkadot ~ $6.22 (9.0%)
Flow ~ $0.7296 (4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.44 Trillion, a 2.3% change in the last 24 hours
Bitcoin ~ $98,966.50 (1.6%)
Ethereum ~ $3,372.42 (8.0%)
Solana ~ $259.81 (8.6%)
Polkadot ~ $6.22 (9.0%)
Flow ~ $0.7296 (4.7%)
Follow and subscribe - @GulfCryptoInsight
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SEC Chair Gary Gensler to step down
United States Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on cryptocurrency regulation, will depart from the agency on Jan. 20, 2025, the securities regulator said in a Nov. 21 announcement.
Gensler will leave the agency on the same day crypto-friendly President-elect Donald Trump starts his second presidential term, according…
https://cryptoinsight.ae/sec-chair-gary-gensler-to-step-down/
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United States Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on cryptocurrency regulation, will depart from the agency on Jan. 20, 2025, the securities regulator said in a Nov. 21 announcement.
Gensler will leave the agency on the same day crypto-friendly President-elect Donald Trump starts his second presidential term, according…
https://cryptoinsight.ae/sec-chair-gary-gensler-to-step-down/
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US Bitcoin ETF assets break $100 billion
United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence.
Bitcoin has dominated the ETF landscape since spot BTC ETFs launched in January. Investor interest accelerated after crypto-friendly President-elect Donald Trump prevailed on Nov. 5 in the US elections.…
https://cryptoinsight.ae/us-bitcoin-etf-assets-break-100-billion/
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United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence.
Bitcoin has dominated the ETF landscape since spot BTC ETFs launched in January. Investor interest accelerated after crypto-friendly President-elect Donald Trump prevailed on Nov. 5 in the US elections.…
https://cryptoinsight.ae/us-bitcoin-etf-assets-break-100-billion/
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UK to deliver comprehensive crypto regulation framework by early 2025
A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s Tokenisation Summit in London on Nov. 21.
Some regulations were expected last summer, but a general election overturned those plans along with the Conservative government of Prime Minister Rishi…
https://cryptoinsight.ae/uk-to-deliver-comprehensive-crypto-regulation-framework-by-early-2025/
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A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s Tokenisation Summit in London on Nov. 21.
Some regulations were expected last summer, but a general election overturned those plans along with the Conservative government of Prime Minister Rishi…
https://cryptoinsight.ae/uk-to-deliver-comprehensive-crypto-regulation-framework-by-early-2025/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.49 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $98,787.07 (-0.1%)
Ethereum ~ $3,350.96 (-0.5%)
Solana ~ $259.72 (0.1%)
Polkadot ~ $7.50 (20.6%)
Flow ~ $0.8144 (11.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.49 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $98,787.07 (-0.1%)
Ethereum ~ $3,350.96 (-0.5%)
Solana ~ $259.72 (0.1%)
Polkadot ~ $7.50 (20.6%)
Flow ~ $0.8144 (11.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Blockchain Association outlines crypto priorities for Trump’s first 100 days
Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office.
The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first…
https://cryptoinsight.ae/blockchain-association-outlines-crypto-priorities-for-trumps-first-100-days/
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Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office.
The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first…
https://cryptoinsight.ae/blockchain-association-outlines-crypto-priorities-for-trumps-first-100-days/
Website | Twitter | LinkedIn | Telegram
BNB Chain’s RWA ecosystem gets official provider with new collaboration
Brickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem.
Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while…
https://cryptoinsight.ae/bnb-chains-rwa-ecosystem-gets-official-provider-with-new-collaboration/
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Brickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem.
Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while…
https://cryptoinsight.ae/bnb-chains-rwa-ecosystem-gets-official-provider-with-new-collaboration/
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South Korea’s Delio declared bankrupt with $1.75B in assets lost
South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year.
Some hope of making customers whole
Delio will begin liquidation proceedings. Customers can make claims through Feb. 21,…
https://cryptoinsight.ae/south-koreas-delio-declared-bankrupt-with-1-75b-in-assets-lost/
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South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year.
Some hope of making customers whole
Delio will begin liquidation proceedings. Customers can make claims through Feb. 21,…
https://cryptoinsight.ae/south-koreas-delio-declared-bankrupt-with-1-75b-in-assets-lost/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a -1.0% change in the last 24 hours
Bitcoin ~ $98,209.36 (-0.6%)
Ethereum ~ $3,409.48 (1.8%)
Solana ~ $254.81 (-1.9%)
Polkadot ~ $9.00 (19.9%)
Flow ~ $0.9552 (17.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a -1.0% change in the last 24 hours
Bitcoin ~ $98,209.36 (-0.6%)
Ethereum ~ $3,409.48 (1.8%)
Solana ~ $254.81 (-1.9%)
Polkadot ~ $9.00 (19.9%)
Flow ~ $0.9552 (17.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hash-based zero-knowledge tech can quantum-proof Ethereum — XinXin Fan
Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference for Blockchain and argued that hash-based zero-knowledge technology is the most user-friendly way to quantum-proof the Ethereum network…
https://cryptoinsight.ae/hash-based-zero-knowledge-tech-can-quantum-proof-ethereum-xinxin-fan/
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Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference for Blockchain and argued that hash-based zero-knowledge technology is the most user-friendly way to quantum-proof the Ethereum network…
https://cryptoinsight.ae/hash-based-zero-knowledge-tech-can-quantum-proof-ethereum-xinxin-fan/
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Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows
Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption.
United States-based spot Bitcoin ETFs recorded a cumulative $2.42 billion worth of inflows during the trading week of Nov. 18–22, marking their fourth-largest week since…
https://cryptoinsight.ae/bitcoin-etfs-see-2-4b-inflows-as-china-etfs-hit-record-outflows/
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Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption.
United States-based spot Bitcoin ETFs recorded a cumulative $2.42 billion worth of inflows during the trading week of Nov. 18–22, marking their fourth-largest week since…
https://cryptoinsight.ae/bitcoin-etfs-see-2-4b-inflows-as-china-etfs-hit-record-outflows/
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Ether price faces correction before rally to $20K in 2025 — Analysts
The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs.
Ether rose over 33% during the past month to trade above $3,368 as of 10:23 am UTC on Nov. 23, Cointelegraph data shows.
Despite gaining ground, the world’s second-largest cryptocurrency could be poised for…
https://cryptoinsight.ae/ether-price-faces-correction-before-rally-to-20k-in-2025-analysts/
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The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs.
Ether rose over 33% during the past month to trade above $3,368 as of 10:23 am UTC on Nov. 23, Cointelegraph data shows.
Despite gaining ground, the world’s second-largest cryptocurrency could be poised for…
https://cryptoinsight.ae/ether-price-faces-correction-before-rally-to-20k-in-2025-analysts/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.5 Trillion, a -1.6% change in the last 24 hours
Bitcoin ~ $98,456.92 (0.2%)
Ethereum ~ $3,391.48 (-0.6%)
Solana ~ $254.16 (-0.3%)
Polkadot ~ $9.16 (1.7%)
Flow ~ $0.9454 (-1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.5 Trillion, a -1.6% change in the last 24 hours
Bitcoin ~ $98,456.92 (0.2%)
Ethereum ~ $3,391.48 (-0.6%)
Solana ~ $254.16 (-0.3%)
Polkadot ~ $9.16 (1.7%)
Flow ~ $0.9454 (-1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in more than half a year.
Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million, respectively, with altcoins accounting…
https://cryptoinsight.ae/crypto-liquidations-reach-470m-as-bitcoin-retraces-altcoins-surge/
Website | Twitter | LinkedIn | Telegram
Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in more than half a year.
Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million, respectively, with altcoins accounting…
https://cryptoinsight.ae/crypto-liquidations-reach-470m-as-bitcoin-retraces-altcoins-surge/
Website | Twitter | LinkedIn | Telegram
Reserve Bank of India expanding cross-border payments platform
The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement — by adding new trading partners in the Asia and Middle East regions.
According to Bloomberg, India already has an agreement with neighboring Sri Lanka, Bhutan, and Nepal, with plans to add the United Arab…
https://cryptoinsight.ae/reserve-bank-of-india-expanding-cross-border-payments-platform/
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The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement — by adding new trading partners in the Asia and Middle East regions.
According to Bloomberg, India already has an agreement with neighboring Sri Lanka, Bhutan, and Nepal, with plans to add the United Arab…
https://cryptoinsight.ae/reserve-bank-of-india-expanding-cross-border-payments-platform/
Website | Twitter | LinkedIn | Telegram
Australia begins consultation on OECD crypto reporting framework
Australia’s Treasury Department has released a consultation paper seeking feedback on applying an international reporting standard for cryptocurrency transactions. The initiative is part of a broader effort to enhance tax transparency and combat global tax evasion.
The consultation, launched on Nov. 21, focuses on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting…
https://cryptoinsight.ae/australia-begins-consultation-on-oecd-crypto-reporting-framework/
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Australia’s Treasury Department has released a consultation paper seeking feedback on applying an international reporting standard for cryptocurrency transactions. The initiative is part of a broader effort to enhance tax transparency and combat global tax evasion.
The consultation, launched on Nov. 21, focuses on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting…
https://cryptoinsight.ae/australia-begins-consultation-on-oecd-crypto-reporting-framework/
Website | Twitter | LinkedIn | Telegram