Hashing It Out: 2025 and beyond: DePIN’s role in the next crypto wave
In the latest episode of the Hashing It Out podcast, host Elisha Owusu Akyaw sat down with Tom Trowbridge, co-founder and CEO of Fluence Labs, to discuss the evolving concept of Decentralized Physical Infrastructure Networks (DePIN).
Trowbridge offers insights into this emerging sector, which he said is poised to disrupt traditional infrastructure models in the…
https://cryptoinsight.ae/hashing-it-out-2025-and-beyond-depins-role-in-the-next-crypto-wave/
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In the latest episode of the Hashing It Out podcast, host Elisha Owusu Akyaw sat down with Tom Trowbridge, co-founder and CEO of Fluence Labs, to discuss the evolving concept of Decentralized Physical Infrastructure Networks (DePIN).
Trowbridge offers insights into this emerging sector, which he said is poised to disrupt traditional infrastructure models in the…
https://cryptoinsight.ae/hashing-it-out-2025-and-beyond-depins-role-in-the-next-crypto-wave/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.6 Trillion, a 1.9% change in the last 24 hours
Bitcoin ~ $98,514.22 (1.2%)
Ethereum ~ $3,518.89 (3.9%)
Solana ~ $199.15 (2.5%)
Polkadot ~ $7.64 (8.7%)
Flow ~ $0.7717 (6.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.6 Trillion, a 1.9% change in the last 24 hours
Bitcoin ~ $98,514.22 (1.2%)
Ethereum ~ $3,518.89 (3.9%)
Solana ~ $199.15 (2.5%)
Polkadot ~ $7.64 (8.7%)
Flow ~ $0.7717 (6.4%)
Follow and subscribe - @GulfCryptoInsight
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2024 in review: The UAE crypto legal chronicles
2024 will be remembered as one of the most transformative periods in the global crypto regulatory landscape. As crypto assets continue steadily into mainstream finance, policymakers worldwide are stepping up with comprehensive rules.
From the United States president-elect pledging a strategic Bitcoin reserve to the European Union’s rigorous Markets in Crypto-Assets (MiCA) directive, regulators made…
https://cryptoinsight.ae/2024-in-review-the-uae-crypto-legal-chronicles/
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2024 will be remembered as one of the most transformative periods in the global crypto regulatory landscape. As crypto assets continue steadily into mainstream finance, policymakers worldwide are stepping up with comprehensive rules.
From the United States president-elect pledging a strategic Bitcoin reserve to the European Union’s rigorous Markets in Crypto-Assets (MiCA) directive, regulators made…
https://cryptoinsight.ae/2024-in-review-the-uae-crypto-legal-chronicles/
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Bitcoin ETFs hit by record $671.9M outflows in 1 day
Bitcoin exchange-traded funds (ETFs) faced a significant sell-off on Dec. 19, reaching net outflows of a record $671.9 million, marking the largest single-day outflow event of the year.
According to Farside Investors data, the biggest outflows came from Grayscale’s GBTC, shedding $208.6 million, followed by ARK Invest’s ARKB, which fell $108.4 million.
The fallout of…
https://cryptoinsight.ae/bitcoin-etfs-hit-by-record-671-9m-outflows-in-1-day/
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Bitcoin exchange-traded funds (ETFs) faced a significant sell-off on Dec. 19, reaching net outflows of a record $671.9 million, marking the largest single-day outflow event of the year.
According to Farside Investors data, the biggest outflows came from Grayscale’s GBTC, shedding $208.6 million, followed by ARK Invest’s ARKB, which fell $108.4 million.
The fallout of…
https://cryptoinsight.ae/bitcoin-etfs-hit-by-record-671-9m-outflows-in-1-day/
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Ethereum layer 2s hold $13.5B stablecoin supply
Stablecoins locked onto Ethereum layer-2 networks have reached a new all-time high, showcasing rising demand for cryptocurrencies.
The stablecoin supply to all blockchains combined is dominated by Tether, USD Coin and Ethena’s stablecoin, USDe.
As of Dec. 20, the Ethereum blockchain held $13.5 billion worth of stablecoins, according to data from Tie Terminal, a crypto…
https://cryptoinsight.ae/ethereum-layer-2s-hold-13-5b-stablecoin-supply/
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Stablecoins locked onto Ethereum layer-2 networks have reached a new all-time high, showcasing rising demand for cryptocurrencies.
The stablecoin supply to all blockchains combined is dominated by Tether, USD Coin and Ethena’s stablecoin, USDe.
As of Dec. 20, the Ethereum blockchain held $13.5 billion worth of stablecoins, according to data from Tie Terminal, a crypto…
https://cryptoinsight.ae/ethereum-layer-2s-hold-13-5b-stablecoin-supply/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.45 Trillion, a -5.4% change in the last 24 hours
Bitcoin ~ $96,324.61 (-1.9%)
Ethereum ~ $3,338.52 (-4.9%)
Solana ~ $181.64 (-8.5%)
Polkadot ~ $6.96 (-8.7%)
Flow ~ $0.7049 (-8.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.45 Trillion, a -5.4% change in the last 24 hours
Bitcoin ~ $96,324.61 (-1.9%)
Ethereum ~ $3,338.52 (-4.9%)
Solana ~ $181.64 (-8.5%)
Polkadot ~ $6.96 (-8.7%)
Flow ~ $0.7049 (-8.4%)
Follow and subscribe - @GulfCryptoInsight
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Relationship building is a hedge against debanking — OKX exec
The entire crypto industry faced threats of debanking under Operation Chokepoint 2.0. Jason Lau — the chief innovation officer at crypto exchange and self-custody wallet provider OKX — told Cointelegraph that fostering relationships with banks and keyholders was a hedge against debanking.
Lau said the traditional financial world is heavily based on trust and that…
https://cryptoinsight.ae/relationship-building-is-a-hedge-against-debanking-okx-exec/
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The entire crypto industry faced threats of debanking under Operation Chokepoint 2.0. Jason Lau — the chief innovation officer at crypto exchange and self-custody wallet provider OKX — told Cointelegraph that fostering relationships with banks and keyholders was a hedge against debanking.
Lau said the traditional financial world is heavily based on trust and that…
https://cryptoinsight.ae/relationship-building-is-a-hedge-against-debanking-okx-exec/
Website | Twitter | LinkedIn | Telegram
Spacecoin XYZ launches first satellite in outer space blockchain network
Spacecoin XYZ has launched its first-ever satellite into orbit, marking the project’s first step toward bringing a fleet of satellites online that would allow blockchain networks to be secured in outer space.
Speaking to Cointelegraph, Spacecoin XYZ co-founder Daniel Bar said the first officially standardized satellite was the first major milestone in bringing the “Spacecoin…
https://cryptoinsight.ae/spacecoin-xyz-launches-first-satellite-in-outer-space-blockchain-network/
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Spacecoin XYZ has launched its first-ever satellite into orbit, marking the project’s first step toward bringing a fleet of satellites online that would allow blockchain networks to be secured in outer space.
Speaking to Cointelegraph, Spacecoin XYZ co-founder Daniel Bar said the first officially standardized satellite was the first major milestone in bringing the “Spacecoin…
https://cryptoinsight.ae/spacecoin-xyz-launches-first-satellite-in-outer-space-blockchain-network/
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Fake crypto liquidity pools: How to spot and avoid them
What are crypto liquidity pools?
Crypto liquidity pools, which facilitate decentralized trading and other financial operations in decentralized finance (DeFi), are collections of cryptocurrency funds secured by smart contracts.
They enable users to trade directly against the pool’s liquidity, thus eliminating the need for traditional order books. Funds in the liquidity pools are supplied by…
https://cryptoinsight.ae/fake-crypto-liquidity-pools-how-to-spot-and-avoid-them/
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What are crypto liquidity pools?
Crypto liquidity pools, which facilitate decentralized trading and other financial operations in decentralized finance (DeFi), are collections of cryptocurrency funds secured by smart contracts.
They enable users to trade directly against the pool’s liquidity, thus eliminating the need for traditional order books. Funds in the liquidity pools are supplied by…
https://cryptoinsight.ae/fake-crypto-liquidity-pools-how-to-spot-and-avoid-them/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.42 Trillion, a -2.1% change in the last 24 hours
Bitcoin ~ $95,227.30 (-1.3%)
Ethereum ~ $3,300.76 (-1.3%)
Solana ~ $183.43 (0.9%)
Polkadot ~ $6.92 (-0.7%)
Flow ~ $0.7244 (2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.42 Trillion, a -2.1% change in the last 24 hours
Bitcoin ~ $95,227.30 (-1.3%)
Ethereum ~ $3,300.76 (-1.3%)
Solana ~ $183.43 (0.9%)
Polkadot ~ $6.92 (-0.7%)
Flow ~ $0.7244 (2.5%)
Follow and subscribe - @GulfCryptoInsight
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US Bitcoin reserve could slash national debt 35% by 2049: VanEck
The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in line with a bill proposed by Senator Cynthia Lummis, says asset management firm VanEck.
VanEck’s estimate assumed Bitcoin will increase at a compounded annual growth rate (CAGR) of 25% to…
https://cryptoinsight.ae/us-bitcoin-reserve-could-slash-national-debt-35-by-2049-vaneck/
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The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in line with a bill proposed by Senator Cynthia Lummis, says asset management firm VanEck.
VanEck’s estimate assumed Bitcoin will increase at a compounded annual growth rate (CAGR) of 25% to…
https://cryptoinsight.ae/us-bitcoin-reserve-could-slash-national-debt-35-by-2049-vaneck/
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Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin.
According to the improvement proposal, using BUIDL as a collateral reserve asset provides yield opportunities, deeper liquidity and transfer options, and reduced counter-party…
https://cryptoinsight.ae/securitize-proposes-blackrock-buidl-fund-as-collateral-for-frax-usd/
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Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin.
According to the improvement proposal, using BUIDL as a collateral reserve asset provides yield opportunities, deeper liquidity and transfer options, and reduced counter-party…
https://cryptoinsight.ae/securitize-proposes-blackrock-buidl-fund-as-collateral-for-frax-usd/
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What are compressed NFTs and minting cNFTs
Understanding compressed NFTs
Compressed NFTs are a type of non-fungible token (NFT) designed to reduce the cost of storing and transacting with NFTs on the Solana blockchain.
With the increasing adoption of NFTs, developers face difficulties maximizing storage and lowering minting costs for these digital assets. The Solana blockchain introduced compressed NFTs (cNFTs) to overcome…
https://cryptoinsight.ae/what-are-compressed-nfts-and-minting-cnfts/
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Understanding compressed NFTs
Compressed NFTs are a type of non-fungible token (NFT) designed to reduce the cost of storing and transacting with NFTs on the Solana blockchain.
With the increasing adoption of NFTs, developers face difficulties maximizing storage and lowering minting costs for these digital assets. The Solana blockchain introduced compressed NFTs (cNFTs) to overcome…
https://cryptoinsight.ae/what-are-compressed-nfts-and-minting-cnfts/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.47 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $94,175.80 (-1.4%)
Ethereum ~ $3,411.59 (3.3%)
Solana ~ 190.86 (3.8%)
Polkadot ~ $7.24 (4.6%)
Flow ~ $0.7631 (5.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.47 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $94,175.80 (-1.4%)
Ethereum ~ $3,411.59 (3.3%)
Solana ~ 190.86 (3.8%)
Polkadot ~ $7.24 (4.6%)
Flow ~ $0.7631 (5.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto.com launches US institutional custody service
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its presence in the country, the crypto exchange said on Dec. 23.
Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said.
Digital assets…
https://cryptoinsight.ae/crypto-com-launches-us-institutional-custody-service/
Website | Twitter | LinkedIn | Telegram
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its presence in the country, the crypto exchange said on Dec. 23.
Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said.
Digital assets…
https://cryptoinsight.ae/crypto-com-launches-us-institutional-custody-service/
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USDX built to support DeFi ecosystem growth: Hex Trust CEO
The rising demand for a natively-issued, 1:1 dollar-backed asset in decentralized finance (DeFi) led to the creation of USDX, the first native stablecoin launched on Flare Network by HT Digital Assets.
Amid Markets in Crypto-Assets Regulation (MiCA)-induced compliance stress on Tether, Alessio Quaglini, co-founder and CEO of Hex Trust, explains in an interview with Cointelegraph…
https://cryptoinsight.ae/usdx-built-to-support-defi-ecosystem-growth-hex-trust-ceo/
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The rising demand for a natively-issued, 1:1 dollar-backed asset in decentralized finance (DeFi) led to the creation of USDX, the first native stablecoin launched on Flare Network by HT Digital Assets.
Amid Markets in Crypto-Assets Regulation (MiCA)-induced compliance stress on Tether, Alessio Quaglini, co-founder and CEO of Hex Trust, explains in an interview with Cointelegraph…
https://cryptoinsight.ae/usdx-built-to-support-defi-ecosystem-growth-hex-trust-ceo/
Website | Twitter | LinkedIn | Telegram
Bridging RWAs to DeFi: Blockchain project expands services with major relaunch
Hathor Network, an RWA-focused blockchain project, turns the page to start a new era with the introduction of Nano Contracts.
Real-world asset (RWA) tokenization is a promising use case of blockchain technology. Carrying RWAs onchain can unlock liquidity and enhance transparency across markets while making ownership more accessible. Industries ranging from real estate and fine…
https://cryptoinsight.ae/bridging-rwas-to-defi-blockchain-project-expands-services-with-major-relaunch/
Website | Twitter | LinkedIn | Telegram
Hathor Network, an RWA-focused blockchain project, turns the page to start a new era with the introduction of Nano Contracts.
Real-world asset (RWA) tokenization is a promising use case of blockchain technology. Carrying RWAs onchain can unlock liquidity and enhance transparency across markets while making ownership more accessible. Industries ranging from real estate and fine…
https://cryptoinsight.ae/bridging-rwas-to-defi-blockchain-project-expands-services-with-major-relaunch/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.58 Trillion, a 1.7% change in the last 24 hours
Bitcoin ~ $98,147.33 (4.1%)
Ethereum ~ $3,490.57 (2.3%)
Solana ~ 199.48 (4.3%)
Polkadot ~ $7.46 (2.8%)
Flow ~ $0.7938 (3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.58 Trillion, a 1.7% change in the last 24 hours
Bitcoin ~ $98,147.33 (4.1%)
Ethereum ~ $3,490.57 (2.3%)
Solana ~ 199.48 (4.3%)
Polkadot ~ $7.46 (2.8%)
Flow ~ $0.7938 (3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
37% of UAE retail investors plan to increase crypto in 2025: eToro survey
A survey commissioned by trading platform eToro showed that many retail investors based in the United Arab Emirates are planning to increase their crypto asset investments in 2025.
EToro surveyed 1,000 retail investors in the UAE to determine their investment goals for next year, with 54% of respondents listing financial goals as their primary New…
https://cryptoinsight.ae/37-of-uae-retail-investors-plan-to-increase-crypto-in-2025-etoro-survey/
Website | Twitter | LinkedIn | Telegram
A survey commissioned by trading platform eToro showed that many retail investors based in the United Arab Emirates are planning to increase their crypto asset investments in 2025.
EToro surveyed 1,000 retail investors in the UAE to determine their investment goals for next year, with 54% of respondents listing financial goals as their primary New…
https://cryptoinsight.ae/37-of-uae-retail-investors-plan-to-increase-crypto-in-2025-etoro-survey/
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Why Ethereum maxis say ETH will be the ‘comeback kid’ of 2025
Ethereum stans say AI agents, major network upgrades, increased institutional interest, and a swathe of regulatory overhauls from incoming US President Donald Trump’s crypto-friendly administration are all things to be extremely excited about in 2025.
Infinex founder Kain Warwick told Cointelegraph that while Ethereum may have suffered from a fairly mild case of underperformance in…
https://cryptoinsight.ae/why-ethereum-maxis-say-eth-will-be-the-comeback-kid-of-2025/
Website | Twitter | LinkedIn | Telegram
Ethereum stans say AI agents, major network upgrades, increased institutional interest, and a swathe of regulatory overhauls from incoming US President Donald Trump’s crypto-friendly administration are all things to be extremely excited about in 2025.
Infinex founder Kain Warwick told Cointelegraph that while Ethereum may have suffered from a fairly mild case of underperformance in…
https://cryptoinsight.ae/why-ethereum-maxis-say-eth-will-be-the-comeback-kid-of-2025/
Website | Twitter | LinkedIn | Telegram