DeFi has 3 options if IRS rule isn’t rolled back — Alex Thorn
The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages has sent shockwaves through the crypto industry. Alex Thorn, the head of research at Galaxy Digital, outlined three potential options for DeFi if the IRS rule is not backtracked.
According to Thorn, DeFi services and applications can comply with the…
https://cryptoinsight.ae/defi-has-3-options-if-irs-rule-isnt-rolled-back-alex-thorn/
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The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages has sent shockwaves through the crypto industry. Alex Thorn, the head of research at Galaxy Digital, outlined three potential options for DeFi if the IRS rule is not backtracked.
According to Thorn, DeFi services and applications can comply with the…
https://cryptoinsight.ae/defi-has-3-options-if-irs-rule-isnt-rolled-back-alex-thorn/
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3 major developments that spurred crypto adoption in 2024
In 2024, global cryptocurrency adoption surged as Bitcoin broke price records and governments began integrating crypto into their financial frameworks. From Bitcoin’s historic milestones to Europe’s regulatory strides, 2024 set the stage for crypto’s mainstream integration.
Cointelegraph has put together some of the most significant events that bolstered mainstream cryptocurrency adoption in 2024, from a…
https://cryptoinsight.ae/3-major-developments-that-spurred-crypto-adoption-in-2024/
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In 2024, global cryptocurrency adoption surged as Bitcoin broke price records and governments began integrating crypto into their financial frameworks. From Bitcoin’s historic milestones to Europe’s regulatory strides, 2024 set the stage for crypto’s mainstream integration.
Cointelegraph has put together some of the most significant events that bolstered mainstream cryptocurrency adoption in 2024, from a…
https://cryptoinsight.ae/3-major-developments-that-spurred-crypto-adoption-in-2024/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.42 Trillion, a -3.0% change in the last 24 hours
Bitcoin ~ $93,696.74 (-1.2%)
Ethereum ~ $3,417.32 (1.3%)
Solana ~ $192.73 (-0.9%)
Polkadot ~ $7.02 (-0.3%)
Flow ~ $0.7436 (0.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.42 Trillion, a -3.0% change in the last 24 hours
Bitcoin ~ $93,696.74 (-1.2%)
Ethereum ~ $3,417.32 (1.3%)
Solana ~ $192.73 (-0.9%)
Polkadot ~ $7.02 (-0.3%)
Flow ~ $0.7436 (0.2%)
Follow and subscribe - @GulfCryptoInsight
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Centralization and the authoritarian threat to privacy — Web3 exec
David Holtzman — a former military intelligence professional, author, White House advisor, and chief strategy officer of the Naoris decentralized security protocol — recently told Cointelegraph that centralized data systems invite abuse from state and corporate actors due to their single point of control.
“The whole problem with centralized systems is that there’s a center,”…
https://cryptoinsight.ae/centralization-and-the-authoritarian-threat-to-privacy-web3-exec/
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David Holtzman — a former military intelligence professional, author, White House advisor, and chief strategy officer of the Naoris decentralized security protocol — recently told Cointelegraph that centralized data systems invite abuse from state and corporate actors due to their single point of control.
“The whole problem with centralized systems is that there’s a center,”…
https://cryptoinsight.ae/centralization-and-the-authoritarian-threat-to-privacy-web3-exec/
Website | Twitter | LinkedIn | Telegram
Ethereum long-term holders climbed in 2024 as Bitcoin holders fell
The number of long-term Ether holders steadily increased throughout 2024, while the number of Bitcoin holders fell over the last year amid rising confidence in ETH heading into the new year.
In a Dec. 30 post to X, citing data from its platform, IntoTheBlock shared that the total percentage of Ether who had held their…
https://cryptoinsight.ae/ethereum-long-term-holders-climbed-in-2024-as-bitcoin-holders-fell/
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The number of long-term Ether holders steadily increased throughout 2024, while the number of Bitcoin holders fell over the last year amid rising confidence in ETH heading into the new year.
In a Dec. 30 post to X, citing data from its platform, IntoTheBlock shared that the total percentage of Ether who had held their…
https://cryptoinsight.ae/ethereum-long-term-holders-climbed-in-2024-as-bitcoin-holders-fell/
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Winners and losers of 2024: A year of all-time highs, hacks and hodling
In another rollercoaster year for crypto, 2024 delivered monumental wins for Bitcoin hodlers, crypto ETF issuers and memecoin creators, particularly as Bitcoin soared past the $100,000 milestone in December.
But not all was rosy. Scams and hacks cost victims $2.2 billion this year, and failed celebrity memecoin ventures drew the ire of disgruntled investors and…
https://cryptoinsight.ae/winners-and-losers-of-2024-a-year-of-all-time-highs-hacks-and-hodling/
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In another rollercoaster year for crypto, 2024 delivered monumental wins for Bitcoin hodlers, crypto ETF issuers and memecoin creators, particularly as Bitcoin soared past the $100,000 milestone in December.
But not all was rosy. Scams and hacks cost victims $2.2 billion this year, and failed celebrity memecoin ventures drew the ire of disgruntled investors and…
https://cryptoinsight.ae/winners-and-losers-of-2024-a-year-of-all-time-highs-hacks-and-hodling/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.38 Trillion, a -2.6% change in the last 24 hours
Bitcoin ~ $92,737.99 (-1.1%)
Ethereum ~ $3,352.68 (-2.0%)
Solana ~ $189.16 (-1.9%)
Polkadot ~ $6.61 (-5.8%)
Flow ~ $0.6908 (-7.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.38 Trillion, a -2.6% change in the last 24 hours
Bitcoin ~ $92,737.99 (-1.1%)
Ethereum ~ $3,352.68 (-2.0%)
Solana ~ $189.16 (-1.9%)
Polkadot ~ $6.61 (-5.8%)
Flow ~ $0.6908 (-7.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Key DeFi innovations that shaped the global crypto market in 2024
DeFi platform SwissCheese Finance has capped off a remarkable 2024 with a series of significant advancements, paving the way for sustained growth in the coming year.
The year 2024 was marked by significant spikes in trading volume, broader mainstream acceptance and a surge of new platforms vying for market share. Innovations in decentralized trading models,…
https://cryptoinsight.ae/key-defi-innovations-that-shaped-the-global-crypto-market-in-2024/
Website | Twitter | LinkedIn | Telegram
DeFi platform SwissCheese Finance has capped off a remarkable 2024 with a series of significant advancements, paving the way for sustained growth in the coming year.
The year 2024 was marked by significant spikes in trading volume, broader mainstream acceptance and a surge of new platforms vying for market share. Innovations in decentralized trading models,…
https://cryptoinsight.ae/key-defi-innovations-that-shaped-the-global-crypto-market-in-2024/
Website | Twitter | LinkedIn | Telegram
ai16z mulls tokenomics shakeup, L1 launch
Agentic artificial intelligence platform ai16z is mulling launching its own layer-1 (L1) blockchain network as part of a broader tokenomics overhaul.
The project is considering creating a platform similar to Pump.fun for launching AI agents, according to a post on its governance forum. It is also contemplating “[p]ositioning ai16z as an L1 blockchain for AI,”…
https://cryptoinsight.ae/ai16z-mulls-tokenomics-shakeup-l1-launch/
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Agentic artificial intelligence platform ai16z is mulling launching its own layer-1 (L1) blockchain network as part of a broader tokenomics overhaul.
The project is considering creating a platform similar to Pump.fun for launching AI agents, according to a post on its governance forum. It is also contemplating “[p]ositioning ai16z as an L1 blockchain for AI,”…
https://cryptoinsight.ae/ai16z-mulls-tokenomics-shakeup-l1-launch/
Website | Twitter | LinkedIn | Telegram
Hong Kong legislator proposes adding Bitcoin to national reserves
A Hong Kong legislator wants the special administrative region to take advantage of China’s “one country, two systems” policy to include Bitcoin in its national reserve for financial security.
Wu Jiexhuang, a member of Hong Kong’s Legislative Council, told state-owned newspaper Wen Wei Po that Hong Kong could study the market impact of United States-based…
https://cryptoinsight.ae/hong-kong-legislator-proposes-adding-bitcoin-to-national-reserves/
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A Hong Kong legislator wants the special administrative region to take advantage of China’s “one country, two systems” policy to include Bitcoin in its national reserve for financial security.
Wu Jiexhuang, a member of Hong Kong’s Legislative Council, told state-owned newspaper Wen Wei Po that Hong Kong could study the market impact of United States-based…
https://cryptoinsight.ae/hong-kong-legislator-proposes-adding-bitcoin-to-national-reserves/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.41 Trillion, a -0.5% change in the last 24 hours
Bitcoin ~ $93,444.44 (0.9%)
Ethereum ~ $3,337.34 (-0.4%)
Solana ~ $189.50 (0.2%)
Polkadot ~ $6.66 (0.8%)
Flow ~ $0.6944 (0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.41 Trillion, a -0.5% change in the last 24 hours
Bitcoin ~ $93,444.44 (0.9%)
Ethereum ~ $3,337.34 (-0.4%)
Solana ~ $189.50 (0.2%)
Polkadot ~ $6.66 (0.8%)
Flow ~ $0.6944 (0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Franklin Templeton predicts Bitcoin reserves to expand globally in 2025
Spot Bitcoin exchange-traded fund (ETF) issuer Franklin Templeton expects more nations to adopt strategic Bitcoin reserves in 2025, according to the company’s digital assets outlook.
On Dec. 30, the ETF issuer published a list of predictions for next year, including its expectations for “several nations” to adopt Bitcoin reserves. Franklin Templeton said Bitcoin will solidify…
https://cryptoinsight.ae/franklin-templeton-predicts-bitcoin-reserves-to-expand-globally-in-2025/
Website | Twitter | LinkedIn | Telegram
Spot Bitcoin exchange-traded fund (ETF) issuer Franklin Templeton expects more nations to adopt strategic Bitcoin reserves in 2025, according to the company’s digital assets outlook.
On Dec. 30, the ETF issuer published a list of predictions for next year, including its expectations for “several nations” to adopt Bitcoin reserves. Franklin Templeton said Bitcoin will solidify…
https://cryptoinsight.ae/franklin-templeton-predicts-bitcoin-reserves-to-expand-globally-in-2025/
Website | Twitter | LinkedIn | Telegram
From RWA boom to Bitcoin yields: Top crypto trends to watch in 2025
The year 2024 will be remembered as a landmark chapter in crypto history. From surging mainstream demand for Bitcoin-regulated financial products to an expected crypto-friendly White House, the Web3 industry has made significant strides despite facing notable challenges along the way.
With its resilience finally paying off, the industry is now setting its sights on…
https://cryptoinsight.ae/from-rwa-boom-to-bitcoin-yields-top-crypto-trends-to-watch-in-2025/
Website | Twitter | LinkedIn | Telegram
The year 2024 will be remembered as a landmark chapter in crypto history. From surging mainstream demand for Bitcoin-regulated financial products to an expected crypto-friendly White House, the Web3 industry has made significant strides despite facing notable challenges along the way.
With its resilience finally paying off, the industry is now setting its sights on…
https://cryptoinsight.ae/from-rwa-boom-to-bitcoin-yields-top-crypto-trends-to-watch-in-2025/
Website | Twitter | LinkedIn | Telegram
10 crypto projects that delivered in 2024
2024 was a significant year for cryptocurrencies and blockchain networks. It saw the launch of exchange-traded funds (ETFs) for Bitcoin and Ether in the United States, major protocol upgrades for altcoins, and the release of new infrastructure networks.
Here are 10 crypto projects that implemented major protocol upgrades or shipped a mainnet in 2024, in…
https://cryptoinsight.ae/10-crypto-projects-that-delivered-in-2024/
Website | Twitter | LinkedIn | Telegram
2024 was a significant year for cryptocurrencies and blockchain networks. It saw the launch of exchange-traded funds (ETFs) for Bitcoin and Ether in the United States, major protocol upgrades for altcoins, and the release of new infrastructure networks.
Here are 10 crypto projects that implemented major protocol upgrades or shipped a mainnet in 2024, in…
https://cryptoinsight.ae/10-crypto-projects-that-delivered-in-2024/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a 1.3% change in the last 24 hours
Bitcoin ~ $95,275.82 (2.0%)
Ethereum ~ $3,398.52 (1.9%)
Solana ~ $204.16 (7.9%)
Polkadot ~ $7.16 (7.7%)
Flow ~ $0.7364 (6.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a 1.3% change in the last 24 hours
Bitcoin ~ $95,275.82 (2.0%)
Ethereum ~ $3,398.52 (1.9%)
Solana ~ $204.16 (7.9%)
Polkadot ~ $7.16 (7.7%)
Flow ~ $0.7364 (6.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Singapore to become Asia’s next crypto hub with ‘risk-adjusted’ regulation
Singapore is becoming a key destination for Web3 companies after it issued twice as many crypto licenses in 2024 as in the previous year.
Singapore may emerge as the next major cryptocurrency hub in Asia thanks to its innovation-friendly regulatory regime, according to William Croisettier, chief growth officer of ZKcandy.
He told Cointelegraph:
“The country…
https://cryptoinsight.ae/singapore-to-become-asias-next-crypto-hub-with-risk-adjusted-regulation/
Website | Twitter | LinkedIn | Telegram
Singapore is becoming a key destination for Web3 companies after it issued twice as many crypto licenses in 2024 as in the previous year.
Singapore may emerge as the next major cryptocurrency hub in Asia thanks to its innovation-friendly regulatory regime, according to William Croisettier, chief growth officer of ZKcandy.
He told Cointelegraph:
“The country…
https://cryptoinsight.ae/singapore-to-become-asias-next-crypto-hub-with-risk-adjusted-regulation/
Website | Twitter | LinkedIn | Telegram
2025 will be crypto’s best year ever — Steno Research
Expect 2025 to be the cryptocurrency market’s best year ever, with Bitcoin and Ether both crushing all-time highs, among other potential “remarkable positive developments,” Steno Research said in a research note.
Steno Research predicts that BTC’s and ETH’s spot prices will surpass $150,000 and $8,000, respectively. The analysts are also “increasingly optimistic about an imminent…
https://cryptoinsight.ae/2025-will-be-cryptos-best-year-ever-steno-research/
Website | Twitter | LinkedIn | Telegram
Expect 2025 to be the cryptocurrency market’s best year ever, with Bitcoin and Ether both crushing all-time highs, among other potential “remarkable positive developments,” Steno Research said in a research note.
Steno Research predicts that BTC’s and ETH’s spot prices will surpass $150,000 and $8,000, respectively. The analysts are also “increasingly optimistic about an imminent…
https://cryptoinsight.ae/2025-will-be-cryptos-best-year-ever-steno-research/
Website | Twitter | LinkedIn | Telegram
US crypto execs express hope for regulatory clarity in 2025
Less than a month before a new United States presidential administration and Congress are set to be sworn into office, many figures in the digital asset industry are speculating the change in leadership could lead to more favorable regulations and laws.
For some executives, any change in policy from the US government could be apparent…
https://cryptoinsight.ae/us-crypto-execs-express-hope-for-regulatory-clarity-in-2025/
Website | Twitter | LinkedIn | Telegram
Less than a month before a new United States presidential administration and Congress are set to be sworn into office, many figures in the digital asset industry are speculating the change in leadership could lead to more favorable regulations and laws.
For some executives, any change in policy from the US government could be apparent…
https://cryptoinsight.ae/us-crypto-execs-express-hope-for-regulatory-clarity-in-2025/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.56 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $96,746.35 (1.5%)
Ethereum ~ $3,451.10 (1.6%)
Solana ~ $209.38 (2.6%)
Polkadot ~ $7.29 (1.9%)
Flow ~ $0.7412 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.56 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $96,746.35 (1.5%)
Ethereum ~ $3,451.10 (1.6%)
Solana ~ $209.38 (2.6%)
Polkadot ~ $7.29 (1.9%)
Flow ~ $0.7412 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Binance secures 21st global crypto license in Brazil
Binance has secured its 21st global regulatory authorization; this one from Banco Central do Brasil, the central bank of Brazil, marks a significant milestone for crypto adoption in Latin America.
Binance, the world’s largest crypto exchange, was approved as a licensed broker-dealer in Brazil, the most populous country in Latin America.
The approval allows Binance…
https://cryptoinsight.ae/binance-secures-21st-global-crypto-license-in-brazil/
Website | Twitter | LinkedIn | Telegram
Binance has secured its 21st global regulatory authorization; this one from Banco Central do Brasil, the central bank of Brazil, marks a significant milestone for crypto adoption in Latin America.
Binance, the world’s largest crypto exchange, was approved as a licensed broker-dealer in Brazil, the most populous country in Latin America.
The approval allows Binance…
https://cryptoinsight.ae/binance-secures-21st-global-crypto-license-in-brazil/
Website | Twitter | LinkedIn | Telegram