Ripple’s XRP token flips Solana’s market capitalization
Ripple’s XRP token flipped Solana’s market capitalization for the first time during the current market cycle on Dec. 1, making XRP the fourth-largest cryptocurrency by market cap.
According to data from CoinMarketCap, XRP currently has a market cap of over $122 billion at the time of this writing, compared to Solana’s $111.9 billion.
Ripple’s native…
https://cryptoinsight.ae/ripples-xrp-token-flips-solanas-market-capitalization/
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Ripple’s XRP token flipped Solana’s market capitalization for the first time during the current market cycle on Dec. 1, making XRP the fourth-largest cryptocurrency by market cap.
According to data from CoinMarketCap, XRP currently has a market cap of over $122 billion at the time of this writing, compared to Solana’s $111.9 billion.
Ripple’s native…
https://cryptoinsight.ae/ripples-xrp-token-flips-solanas-market-capitalization/
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Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss
The former head of Meta’s (previously Facebook) blockchain payments solution, Diem, has revealed the project ended after insurmountable political pressure from United States regulators.
“There was no legal or regulatory angle left for the government or regulators to kill the project. It was 100% a political kill, one that was executed through intimidation of captive…
https://cryptoinsight.ae/death-of-metas-stablecoin-project-was-100-a-political-kill-ex-diem-boss/
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The former head of Meta’s (previously Facebook) blockchain payments solution, Diem, has revealed the project ended after insurmountable political pressure from United States regulators.
“There was no legal or regulatory angle left for the government or regulators to kill the project. It was 100% a political kill, one that was executed through intimidation of captive…
https://cryptoinsight.ae/death-of-metas-stablecoin-project-was-100-a-political-kill-ex-diem-boss/
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NFTs hit $562M in monthly sales volumes, recording six-month high
Non-fungible tokens (NFTs) have maintained their monthly sales momentum, surging by 57.8% in November as digital collectibles continue to recover.
On Dec. 1, data company CryptoSlam showed that NFTs recorded $562 million in sales in November, a substantial increase in volume from October. CryptoSlam data also indicates that November’s monthly sales volume for NFTs is…
https://cryptoinsight.ae/nfts-hit-562m-in-monthly-sales-volumes-recording-six-month-high/
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Non-fungible tokens (NFTs) have maintained their monthly sales momentum, surging by 57.8% in November as digital collectibles continue to recover.
On Dec. 1, data company CryptoSlam showed that NFTs recorded $562 million in sales in November, a substantial increase in volume from October. CryptoSlam data also indicates that November’s monthly sales volume for NFTs is…
https://cryptoinsight.ae/nfts-hit-562m-in-monthly-sales-volumes-recording-six-month-high/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $96,203.43 (0.1%)
Ethereum ~ $3,662.91 (-0.2%)
Solana ~ $229.40 (1.0%)
Polkadot ~ $10.26 (13.7%)
Flow ~ $1.17 (15.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $96,203.43 (0.1%)
Ethereum ~ $3,662.91 (-0.2%)
Solana ~ $229.40 (1.0%)
Polkadot ~ $10.26 (13.7%)
Flow ~ $1.17 (15.2%)
Follow and subscribe - @GulfCryptoInsight
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DWF Labs shifts base to Abu Dhabi to strengthen Middle East presence
Web3 venture capitalist and crypto market maker DWF Labs is moving its headquarters to Abu Dhabi, United Arab Emirates (UAE), founder and CEO Andrei Grachev announced on X. The purpose of the relocation is to increase real-world assets and other financial services in the Middle East, Grachev said. He provided no other details.
Headquarters in…
https://cryptoinsight.ae/dwf-labs-shifts-base-to-abu-dhabi-to-strengthen-middle-east-presence/
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Web3 venture capitalist and crypto market maker DWF Labs is moving its headquarters to Abu Dhabi, United Arab Emirates (UAE), founder and CEO Andrei Grachev announced on X. The purpose of the relocation is to increase real-world assets and other financial services in the Middle East, Grachev said. He provided no other details.
Headquarters in…
https://cryptoinsight.ae/dwf-labs-shifts-base-to-abu-dhabi-to-strengthen-middle-east-presence/
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DeFi on the way to having ‘bank-like’ financial products — Mercuryo CEO
The CEO of payments infrastructure platform Mercuryo predicted that decentralized finance (DeFi) protocols and applications will soon offer financial products similar to those of banks.
Mercuryo recently launched a program to support 30 startups developing Web3 consumer use cases within DeFi. Announced on Nov. 21, the program offers funding, consultations with Mercuryo and its network…
https://cryptoinsight.ae/defi-on-the-way-to-having-bank-like-financial-products-mercuryo-ceo/
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The CEO of payments infrastructure platform Mercuryo predicted that decentralized finance (DeFi) protocols and applications will soon offer financial products similar to those of banks.
Mercuryo recently launched a program to support 30 startups developing Web3 consumer use cases within DeFi. Announced on Nov. 21, the program offers funding, consultations with Mercuryo and its network…
https://cryptoinsight.ae/defi-on-the-way-to-having-bank-like-financial-products-mercuryo-ceo/
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Different this time: ‘Altcoin season’ no longer driven by Bitcoin rotation — Analyst
The cryptocurrency market may be on the verge of the much-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors might have changed, according to a market analyst.
“Stablecoin liquidity” to determine next altseason
The crypto market is transforming, with cycle indicators, market structures and trading patterns changing rapidly.
“Altseason…
https://cryptoinsight.ae/different-this-time-altcoin-season-no-longer-driven-by-bitcoin-rotation-analyst/
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The cryptocurrency market may be on the verge of the much-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors might have changed, according to a market analyst.
“Stablecoin liquidity” to determine next altseason
The crypto market is transforming, with cycle indicators, market structures and trading patterns changing rapidly.
“Altseason…
https://cryptoinsight.ae/different-this-time-altcoin-season-no-longer-driven-by-bitcoin-rotation-analyst/
Website | Twitter | LinkedIn | Telegram
Ethereum Beacon Chain ‘far from perfect’ but brings massive opportunity
As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network.
The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift toward a…
https://cryptoinsight.ae/ethereum-beacon-chain-far-from-perfect-but-brings-massive-opportunity/
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As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network.
The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift toward a…
https://cryptoinsight.ae/ethereum-beacon-chain-far-from-perfect-but-brings-massive-opportunity/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.71 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $96,547.26 (0.3%)
Ethereum ~ $3,674.97 (0.3%)
Solana ~ $236.90 (3.3%)
Polkadot ~ $9.98 (-2.7%)
Flow ~ $1.20 (2.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.71 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $96,547.26 (0.3%)
Ethereum ~ $3,674.97 (0.3%)
Solana ~ $236.90 (3.3%)
Polkadot ~ $9.98 (-2.7%)
Flow ~ $1.20 (2.1%)
Follow and subscribe - @GulfCryptoInsight
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TRX hits $20B record high, flashing ‘altseason’ signal for December
The Tron token has surpassed a record $20 billion in market capitalization, flashing another bullish signal for altcoins leading into 2025.
The Tron price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, Cointelegraph data shows.
TRX is…
https://cryptoinsight.ae/trx-hits-20b-record-high-flashing-altseason-signal-for-december/
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The Tron token has surpassed a record $20 billion in market capitalization, flashing another bullish signal for altcoins leading into 2025.
The Tron price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, Cointelegraph data shows.
TRX is…
https://cryptoinsight.ae/trx-hits-20b-record-high-flashing-altseason-signal-for-december/
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Coinbase will drop law firms who hire anti-crypto former SEC staff — CEO
Coinbase CEO Brian Armstrong said the cryptocurrency exchange will not work with law firms that hire individuals involved in what he described as anti-crypto actions during their tenure in government.
On Dec. 3, Armstrong said in an X post that Coinbase will avoid law firms that hire people who tried to “unlawfully kill” an industry…
https://cryptoinsight.ae/coinbase-will-drop-law-firms-who-hire-anti-crypto-former-sec-staff-ceo/
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Coinbase CEO Brian Armstrong said the cryptocurrency exchange will not work with law firms that hire individuals involved in what he described as anti-crypto actions during their tenure in government.
On Dec. 3, Armstrong said in an X post that Coinbase will avoid law firms that hire people who tried to “unlawfully kill” an industry…
https://cryptoinsight.ae/coinbase-will-drop-law-firms-who-hire-anti-crypto-former-sec-staff-ceo/
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Tezos launches world’s first Uranium marketplace on blockchain
The global uranium trade could soon adopt blockchain technology, thanks to a new platform built on the Tezos blockchain.
Uranium.io the world’s first blockchain-based decentralized application for uranium trading, aims to lower the barriers to entry for investors.
The platform will launch in partnership with Curzon Uranium, a leading uranium trading company that traded over…
https://cryptoinsight.ae/tezos-launches-worlds-first-uranium-marketplace-on-blockchain/
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The global uranium trade could soon adopt blockchain technology, thanks to a new platform built on the Tezos blockchain.
Uranium.io the world’s first blockchain-based decentralized application for uranium trading, aims to lower the barriers to entry for investors.
The platform will launch in partnership with Curzon Uranium, a leading uranium trading company that traded over…
https://cryptoinsight.ae/tezos-launches-worlds-first-uranium-marketplace-on-blockchain/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.82 Trillion, a 1.4% change in the last 24 hours
Bitcoin ~ $101,680 (5.2%)
Ethereum ~ $3,819.75 (4.0%)
Solana ~ $232.27 (-2.0%)
Polkadot ~ $10.34 (3.6%)
Flow ~ $1.18 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.82 Trillion, a 1.4% change in the last 24 hours
Bitcoin ~ $101,680 (5.2%)
Ethereum ~ $3,819.75 (4.0%)
Solana ~ $232.27 (-2.0%)
Polkadot ~ $10.34 (3.6%)
Flow ~ $1.18 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin hits $100K: Why BTC price hit a new all-time high
Bitcoin has surged past the critical $100,000 level, marking a psychological milestone for crypto traders and vindication for hodlers and true believers.
The price has been surging skywards ever since the Republican victory in November’s election signaled an end to the war on crypto declared by the Biden administration and its appointed SEC Chair Gary…
https://cryptoinsight.ae/bitcoin-hits-100k-why-btc-price-hit-a-new-all-time-high/
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Bitcoin has surged past the critical $100,000 level, marking a psychological milestone for crypto traders and vindication for hodlers and true believers.
The price has been surging skywards ever since the Republican victory in November’s election signaled an end to the war on crypto declared by the Biden administration and its appointed SEC Chair Gary…
https://cryptoinsight.ae/bitcoin-hits-100k-why-btc-price-hit-a-new-all-time-high/
Website | Twitter | LinkedIn | Telegram
Crypto.com to launch Mastercard-powered card in Bahrain
Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.
According to a blog post from Mastercard, once issued, cardholders will be…
https://cryptoinsight.ae/crypto-com-to-launch-mastercard-powered-card-in-bahrain/
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Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.
According to a blog post from Mastercard, once issued, cardholders will be…
https://cryptoinsight.ae/crypto-com-to-launch-mastercard-powered-card-in-bahrain/
Website | Twitter | LinkedIn | Telegram
Decentralized chatbots, gov’t bonds onchain — a16z’s 2025 crypto trends
Venture capital firm Andreessen Horowitz (a16z) has named key sectors within the crypto industry for the upcoming year, highlighting use cases for tokenization and the integration of artificial intelligence with blockchain technology as potential growth drivers.
According to a16z’s report, applications based on AI and running onchain are expected to deliver at least three emerging…
https://cryptoinsight.ae/decentralized-chatbots-govt-bonds-onchain-a16zs-2025-crypto-trends/
Website | Twitter | LinkedIn | Telegram
Venture capital firm Andreessen Horowitz (a16z) has named key sectors within the crypto industry for the upcoming year, highlighting use cases for tokenization and the integration of artificial intelligence with blockchain technology as potential growth drivers.
According to a16z’s report, applications based on AI and running onchain are expected to deliver at least three emerging…
https://cryptoinsight.ae/decentralized-chatbots-govt-bonds-onchain-a16zs-2025-crypto-trends/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.77 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $98,039.66 (-3.6%)
Ethereum ~ $3,910.08 (2.1%)
Solana ~ $239.22 (2.9%)
Polkadot ~ $10.64 (2.7%)
Flow ~ $1.16 (-2.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.77 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $98,039.66 (-3.6%)
Ethereum ~ $3,910.08 (2.1%)
Solana ~ $239.22 (2.9%)
Polkadot ~ $10.64 (2.7%)
Flow ~ $1.16 (-2.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
No blockchain can be a ‘lonely island’ — Emurgo exec
An Emurgo executive says Blockchain networks must embrace interoperability to thrive.
At India Blockchain Week 2024, Cointelegraph’s Arijit Sarkar spoke with Emurgo’s global head of business development, Amarpreet Singh, who highlighted the necessity of interconnected blockchain systems and stablecoins to drive widespread Web3 adoption.
Singh said no matter what road a blockchain takes, it will…
https://cryptoinsight.ae/no-blockchain-can-be-a-lonely-island-emurgo-exec/
Website | Twitter | LinkedIn | Telegram
An Emurgo executive says Blockchain networks must embrace interoperability to thrive.
At India Blockchain Week 2024, Cointelegraph’s Arijit Sarkar spoke with Emurgo’s global head of business development, Amarpreet Singh, who highlighted the necessity of interconnected blockchain systems and stablecoins to drive widespread Web3 adoption.
Singh said no matter what road a blockchain takes, it will…
https://cryptoinsight.ae/no-blockchain-can-be-a-lonely-island-emurgo-exec/
Website | Twitter | LinkedIn | Telegram
How $100K Bitcoin impacts the wealth gap in the digital age
Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality.
The Bitcoin price rose to a record…
https://cryptoinsight.ae/how-100k-bitcoin-impacts-the-wealth-gap-in-the-digital-age/
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Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality.
The Bitcoin price rose to a record…
https://cryptoinsight.ae/how-100k-bitcoin-impacts-the-wealth-gap-in-the-digital-age/
Website | Twitter | LinkedIn | Telegram
India’s Web3 dominance fueled by 1K startups, global investments, dev talent
A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape.
India currently hosts over 1,000 Web3 startups across the finance, infrastructure and entertainment sectors, according to a Hashed Emergent report released on Dec. 4 at the India Blockchain…
https://cryptoinsight.ae/indias-web3-dominance-fueled-by-1k-startups-global-investments-dev-talent/
Website | Twitter | LinkedIn | Telegram
A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape.
India currently hosts over 1,000 Web3 startups across the finance, infrastructure and entertainment sectors, according to a Hashed Emergent report released on Dec. 4 at the India Blockchain…
https://cryptoinsight.ae/indias-web3-dominance-fueled-by-1k-startups-global-investments-dev-talent/
Website | Twitter | LinkedIn | Telegram