Hello there!
Day started from:
The global cryptocurrency market cap today is $3.82 Trillion, a 3.9% change in the last 24 hours
Bitcoin ~ $100,545 (3.0%)
Ethereum ~ $3,917.04 (6.8%)
Solana ~ $230.12 (5.0%)
Polkadot ~ $9.42 (12.6%)
Flow ~ $1.03 (15.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.82 Trillion, a 3.9% change in the last 24 hours
Bitcoin ~ $100,545 (3.0%)
Ethereum ~ $3,917.04 (6.8%)
Solana ~ $230.12 (5.0%)
Polkadot ~ $9.42 (12.6%)
Flow ~ $1.03 (15.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Beam Foundation to debut $150M gaming fund in Abu Dhabi
The Beam Foundation has disclosed plans for an upcoming venture fund in Abu Dhabi targeting blockchain gaming projects.
According to a Dec. 11 announcement, the fund will launch in the first half of 2025 and manage $150 million in capital backed by local investors.
The fund’s investment thesis is primarily focused on blockchain-based games and…
https://cryptoinsight.ae/beam-foundation-to-debut-150m-gaming-fund-in-abu-dhabi/
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The Beam Foundation has disclosed plans for an upcoming venture fund in Abu Dhabi targeting blockchain gaming projects.
According to a Dec. 11 announcement, the fund will launch in the first half of 2025 and manage $150 million in capital backed by local investors.
The fund’s investment thesis is primarily focused on blockchain-based games and…
https://cryptoinsight.ae/beam-foundation-to-debut-150m-gaming-fund-in-abu-dhabi/
Website | Twitter | LinkedIn | Telegram
DeFi growth boosts oracle market competition — RedStone co-founder
As decentralized finance (DeFi) continues to grow, the demand for oracles — key tools that connect blockchains to real-world data — is surging.
Established providers such as Chainlink face increased competition from emerging players as decentralized applications (DApps) require more efficient data delivery solutions.
Marcin Kaźmierczak, co-founder and chief operating officer of RedStone, discussed trends…
https://cryptoinsight.ae/defi-growth-boosts-oracle-market-competition-redstone-co-founder/
Website | Twitter | LinkedIn | Telegram
As decentralized finance (DeFi) continues to grow, the demand for oracles — key tools that connect blockchains to real-world data — is surging.
Established providers such as Chainlink face increased competition from emerging players as decentralized applications (DApps) require more efficient data delivery solutions.
Marcin Kaźmierczak, co-founder and chief operating officer of RedStone, discussed trends…
https://cryptoinsight.ae/defi-growth-boosts-oracle-market-competition-redstone-co-founder/
Website | Twitter | LinkedIn | Telegram
India preparing for a CBDC-driven economy — Central bank governor
On his last day as the governor of the Reserve Bank of India (RBI), Shaktikanta Das shared his vision to transform India’s economy with a home-grown central bank digital currency (CBDC), the digital rupee.
During the farewell speech on Dec. 10, Das highlighted his six-year-long effort to capitalize on new technologies, including setting up the…
https://cryptoinsight.ae/india-preparing-for-a-cbdc-driven-economy-central-bank-governor/
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On his last day as the governor of the Reserve Bank of India (RBI), Shaktikanta Das shared his vision to transform India’s economy with a home-grown central bank digital currency (CBDC), the digital rupee.
During the farewell speech on Dec. 10, Das highlighted his six-year-long effort to capitalize on new technologies, including setting up the…
https://cryptoinsight.ae/india-preparing-for-a-cbdc-driven-economy-central-bank-governor/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.78 Trillion, a -2.5% change in the last 24 hours
Bitcoin ~ $100,008 (-0.6%)
Ethereum ~ $3,915.46 (-0.1%)
Solana ~ $226.32 (-1.7%)
Polkadot ~ $9.03 (-4.1%)
Flow ~ $0.9804 (-4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.78 Trillion, a -2.5% change in the last 24 hours
Bitcoin ~ $100,008 (-0.6%)
Ethereum ~ $3,915.46 (-0.1%)
Solana ~ $226.32 (-1.7%)
Polkadot ~ $9.03 (-4.1%)
Flow ~ $0.9804 (-4.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Why tech giants like Amazon may hesitate to adopt Bitcoin
Big Tech companies like Amazon have a large amount of cash on hand — $87 billion last year — which loses purchasing power as the currency evaluates.
Washington DC-based think tank The National Center for Public Policy Research (NCPPR) has submitted shareholder proposals to adopt Bitcoin as a solution. However, whether tech giants would see…
https://cryptoinsight.ae/why-tech-giants-like-amazon-may-hesitate-to-adopt-bitcoin/
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Big Tech companies like Amazon have a large amount of cash on hand — $87 billion last year — which loses purchasing power as the currency evaluates.
Washington DC-based think tank The National Center for Public Policy Research (NCPPR) has submitted shareholder proposals to adopt Bitcoin as a solution. However, whether tech giants would see…
https://cryptoinsight.ae/why-tech-giants-like-amazon-may-hesitate-to-adopt-bitcoin/
Website | Twitter | LinkedIn | Telegram
New SEC boss Paul Atkins will transform crypto… but not right away
President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensler and delighting the crypto industry.
Here’s what we know about Atkins and the potential changes he could bring to the…
https://cryptoinsight.ae/new-sec-boss-paul-atkins-will-transform-crypto-but-not-right-away/
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President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensler and delighting the crypto industry.
Here’s what we know about Atkins and the potential changes he could bring to the…
https://cryptoinsight.ae/new-sec-boss-paul-atkins-will-transform-crypto-but-not-right-away/
Website | Twitter | LinkedIn | Telegram
Crypto wallets explained
Understanding crypto wallets
Crypto wallets are essential tools for anyone looking to buy, sell or store cryptocurrencies.
Imagine you are about to dive into the world of cryptocurrencies. You have your eyes on Bitcoin or even a few altcoins, but there’s one problem: Where do you keep them? Enter the crypto wallet, your digital safe…
https://cryptoinsight.ae/crypto-wallets-explained/
Website | Twitter | LinkedIn | Telegram
Understanding crypto wallets
Crypto wallets are essential tools for anyone looking to buy, sell or store cryptocurrencies.
Imagine you are about to dive into the world of cryptocurrencies. You have your eyes on Bitcoin or even a few altcoins, but there’s one problem: Where do you keep them? Enter the crypto wallet, your digital safe…
https://cryptoinsight.ae/crypto-wallets-explained/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.84 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $101,913 (1.9%)
Ethereum ~ $3,930.00 (0.4%)
Solana ~ $227.03 (0.3%)
Polkadot ~ $9.07 (0.5%)
Flow ~ $0.9867 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.84 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $101,913 (1.9%)
Ethereum ~ $3,930.00 (0.4%)
Solana ~ $227.03 (0.3%)
Polkadot ~ $9.07 (0.5%)
Flow ~ $0.9867 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Market structure bill on agenda in first 100 days — Rep. French Hill
United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party.
According to Representative Hill, GOP majority leader Steve Scalise aims to introduce a comprehensive crypto market structure bill within the first 100 days…
https://cryptoinsight.ae/market-structure-bill-on-agenda-in-first-100-days-rep-french-hill/
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United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party.
According to Representative Hill, GOP majority leader Steve Scalise aims to introduce a comprehensive crypto market structure bill within the first 100 days…
https://cryptoinsight.ae/market-structure-bill-on-agenda-in-first-100-days-rep-french-hill/
Website | Twitter | LinkedIn | Telegram
VanEck predicts Q1 2025 crypto correction before Q4 all-time highs
VanEck expects the cryptocurrency bull market to hit a “medium-term peak” in the first quarter of 2025 before surging to all-time highs by the end of the year, the asset manager said in a Dec. 13 blog post.
“At the cycle’s apex, we project Bitcoin (BTC) to be valued at around $180,000, with Ethereum (ETH)…
https://cryptoinsight.ae/vaneck-predicts-q1-2025-crypto-correction-before-q4-all-time-highs/
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VanEck expects the cryptocurrency bull market to hit a “medium-term peak” in the first quarter of 2025 before surging to all-time highs by the end of the year, the asset manager said in a Dec. 13 blog post.
“At the cycle’s apex, we project Bitcoin (BTC) to be valued at around $180,000, with Ethereum (ETH)…
https://cryptoinsight.ae/vaneck-predicts-q1-2025-crypto-correction-before-q4-all-time-highs/
Website | Twitter | LinkedIn | Telegram
What is decentralized identity in blockchain?
Decentralized identity explained
Decentralized identity refers to a system of identity management that is not controlled by any central authority such as governments, corporations or identity providers.
Traditional identity systems often involve intermediaries that store and manage personal information, which can lead to privacy concerns, data breaches and dependency on centralized entities.
In contrast, decentralized…
https://cryptoinsight.ae/what-is-decentralized-identity-in-blockchain/
Website | Twitter | LinkedIn | Telegram
Decentralized identity explained
Decentralized identity refers to a system of identity management that is not controlled by any central authority such as governments, corporations or identity providers.
Traditional identity systems often involve intermediaries that store and manage personal information, which can lead to privacy concerns, data breaches and dependency on centralized entities.
In contrast, decentralized…
https://cryptoinsight.ae/what-is-decentralized-identity-in-blockchain/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.8 Trillion, a -2.2% change in the last 24 hours
Bitcoin ~ $101,992 (0.1%)
Ethereum ~ $3,889.65 (-1.0%)
Solana ~ $219.56 (-3.3%)
Polkadot ~ $8.56 (-5.7%)
Flow ~ $0.9245 (-6.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.8 Trillion, a -2.2% change in the last 24 hours
Bitcoin ~ $101,992 (0.1%)
Ethereum ~ $3,889.65 (-1.0%)
Solana ~ $219.56 (-3.3%)
Polkadot ~ $8.56 (-5.7%)
Flow ~ $0.9245 (-6.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Michael Saylor’s MicroStrategy enters Nasdaq 100
Nasdaq has announced that Bitcoin bull Michael Saylor’s company, MicroStrategy (MSTR), will be added to the Nasdaq-100 Index starting Dec. 23.
MicroStrategy is one of three companies to be added to the index alongside Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON), according to a Dec. 13 statement published by Nasdaq.
MSTR now among…
https://cryptoinsight.ae/michael-saylors-microstrategy-enters-nasdaq-100/
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Nasdaq has announced that Bitcoin bull Michael Saylor’s company, MicroStrategy (MSTR), will be added to the Nasdaq-100 Index starting Dec. 23.
MicroStrategy is one of three companies to be added to the index alongside Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON), according to a Dec. 13 statement published by Nasdaq.
MSTR now among…
https://cryptoinsight.ae/michael-saylors-microstrategy-enters-nasdaq-100/
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Why Hong Kong has grown into a crypto hub — CEO of WOW Summit
Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit, said this innovation was fostered by a mixture of strong regulatory policy and Hong Kong’s status as a special economic region.
Ivanov told Cointelegraph…
https://cryptoinsight.ae/why-hong-kong-has-grown-into-a-crypto-hub-ceo-of-wow-summit/
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Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit, said this innovation was fostered by a mixture of strong regulatory policy and Hong Kong’s status as a special economic region.
Ivanov told Cointelegraph…
https://cryptoinsight.ae/why-hong-kong-has-grown-into-a-crypto-hub-ceo-of-wow-summit/
Website | Twitter | LinkedIn | Telegram
Ethereum poised for record highs in Q1 2025, analysts predict
Ether could surpass its previous all-time high during the first quarter of 2025, according to market analysts.
Ether has been unable to remain above the key $4,000 psychological threshold despite Bitcoin breaching the record $100,000 high on Dec. 6 for the first time in crypto history.
However, Ether may soon start catching up to Bitcoin’s…
https://cryptoinsight.ae/ethereum-poised-for-record-highs-in-q1-2025-analysts-predict/
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Ether could surpass its previous all-time high during the first quarter of 2025, according to market analysts.
Ether has been unable to remain above the key $4,000 psychological threshold despite Bitcoin breaching the record $100,000 high on Dec. 6 for the first time in crypto history.
However, Ether may soon start catching up to Bitcoin’s…
https://cryptoinsight.ae/ethereum-poised-for-record-highs-in-q1-2025-analysts-predict/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.89 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $105,156 (3.1%)
Ethereum ~ $3,972.94 (2.1%)
Solana ~ $223.10 (1.6%)
Polkadot ~ $8.95 (4.6%)
Flow ~ $0.9406 (1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.89 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $105,156 (3.1%)
Ethereum ~ $3,972.94 (2.1%)
Solana ~ $223.10 (1.6%)
Polkadot ~ $8.95 (4.6%)
Flow ~ $0.9406 (1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin goes ’Santa Claus mode’ as hopes raise for US reserve status
Bitcoin’s price rallied nearly 5% in a day to set a new all-time high above $106,000 on Dec. 15 as speculation of it becoming a United States reserve asset continues to grow.
Bitcoin topped out at $106,554 but has since fallen slightly to $106,000, TradingView data shows. Its previous high was $104,000, which was set…
https://cryptoinsight.ae/bitcoin-goes-santa-claus-mode-as-hopes-raise-for-us-reserve-status/
Website | Twitter | LinkedIn | Telegram
Bitcoin’s price rallied nearly 5% in a day to set a new all-time high above $106,000 on Dec. 15 as speculation of it becoming a United States reserve asset continues to grow.
Bitcoin topped out at $106,554 but has since fallen slightly to $106,000, TradingView data shows. Its previous high was $104,000, which was set…
https://cryptoinsight.ae/bitcoin-goes-santa-claus-mode-as-hopes-raise-for-us-reserve-status/
Website | Twitter | LinkedIn | Telegram
Ethereum liquid restaking TVL surges from $284M to $17B in 2024
Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly.
According to data from decentralized finance (DeFi) aggregator DefiLlama, liquid restaking TVL on the Ethereum network was approximately $284 million on Jan. 1. By Dec. 15, that figure had climbed nearly…
https://cryptoinsight.ae/ethereum-liquid-restaking-tvl-surges-from-284m-to-17b-in-2024/
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Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly.
According to data from decentralized finance (DeFi) aggregator DefiLlama, liquid restaking TVL on the Ethereum network was approximately $284 million on Jan. 1. By Dec. 15, that figure had climbed nearly…
https://cryptoinsight.ae/ethereum-liquid-restaking-tvl-surges-from-284m-to-17b-in-2024/
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Bitcoin miners as energy buyers, explained
What are Bitcoin miners as energy buyers?
Bitcoin miners can work as dynamic energy buyers with the flexibility to adjust consumption according to energy supply and demand using sophisticated energy management strategies.
First things first, you need to understand the Bitcoin mining basics.
To secure the Bitcoin blockchain network, process transactions, and mint new coins,…
https://cryptoinsight.ae/bitcoin-miners-as-energy-buyers-explained/
Website | Twitter | LinkedIn | Telegram
What are Bitcoin miners as energy buyers?
Bitcoin miners can work as dynamic energy buyers with the flexibility to adjust consumption according to energy supply and demand using sophisticated energy management strategies.
First things first, you need to understand the Bitcoin mining basics.
To secure the Bitcoin blockchain network, process transactions, and mint new coins,…
https://cryptoinsight.ae/bitcoin-miners-as-energy-buyers-explained/
Website | Twitter | LinkedIn | Telegram