USDC market cap is up 80% from 2023 lows
The circulating supply of Circle’s United States dollar-backed stablecoin, USD Coin, has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research.
As of Jan. 2, USDC’s circulating supply is approaching $44 billion, nearly double the 2023 low of less than $24 billion, according to CoinGecko.
Meanwhile, holdings are…
https://cryptoinsight.ae/usdc-market-cap-is-up-80-from-2023-lows/
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The circulating supply of Circle’s United States dollar-backed stablecoin, USD Coin, has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research.
As of Jan. 2, USDC’s circulating supply is approaching $44 billion, nearly double the 2023 low of less than $24 billion, according to CoinGecko.
Meanwhile, holdings are…
https://cryptoinsight.ae/usdc-market-cap-is-up-80-from-2023-lows/
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What is multichain self-custody, and why does it matter?
What is multichain self-custody?
Multichain self-custody refers to the practice of managing digital assets across multiple blockchain ecosystems without relying on third-party custodians.
It combines the concept of self-custody — direct control of cryptocurrency assets through private key ownership — with the ability to interact seamlessly across diverse blockchain networks like Ethereum Virtual Machine (EVM),…
https://cryptoinsight.ae/what-is-multichain-self-custody-and-why-does-it-matter/
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What is multichain self-custody?
Multichain self-custody refers to the practice of managing digital assets across multiple blockchain ecosystems without relying on third-party custodians.
It combines the concept of self-custody — direct control of cryptocurrency assets through private key ownership — with the ability to interact seamlessly across diverse blockchain networks like Ethereum Virtual Machine (EVM),…
https://cryptoinsight.ae/what-is-multichain-self-custody-and-why-does-it-matter/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $98,020.25 (1.3%)
Ethereum ~ $3,599.95 (4.5%)
Solana ~ $217.08 (4.0%)
Polkadot ~ $7.79 (7.0%)
Flow ~ $0.7978 (7.9%)
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Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $98,020.25 (1.3%)
Ethereum ~ $3,599.95 (4.5%)
Solana ~ $217.08 (4.0%)
Polkadot ~ $7.79 (7.0%)
Flow ~ $0.7978 (7.9%)
Follow and subscribe - @GulfCryptoInsight
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Crypto VCs reveal what they’re looking for in 2025
Deng Chao, CEO of institutional asset manager HashKey Capital, recently told Cointelegraph that crypto projects will attract more capital from venture capitalists in 2025. These VCs are eyeing stablecoin products, real-world asset (RWA) tokenization, artificial intelligence and infrastructure.
According to Chao, increased digital asset valuations in 2024 and the tailwinds from the reelection of Donald…
https://cryptoinsight.ae/crypto-vcs-reveal-what-theyre-looking-for-in-2025/
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Deng Chao, CEO of institutional asset manager HashKey Capital, recently told Cointelegraph that crypto projects will attract more capital from venture capitalists in 2025. These VCs are eyeing stablecoin products, real-world asset (RWA) tokenization, artificial intelligence and infrastructure.
According to Chao, increased digital asset valuations in 2024 and the tailwinds from the reelection of Donald…
https://cryptoinsight.ae/crypto-vcs-reveal-what-theyre-looking-for-in-2025/
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Bitcoin hashrate taps all-time high
Bitcoin’s hashrate — the total computing power securing the network — reached a new all-time high of over 1,000 exahashes per second (EH/s) on Jan. 3, according to data from CoinWarz.
That is nearly double the network’s hashrate 12 months ago. According to CoinWarz, Bitcoin’s hashrate hovered around 510 EH/s in January 2024. At the…
https://cryptoinsight.ae/bitcoin-hashrate-taps-all-time-high/
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Bitcoin’s hashrate — the total computing power securing the network — reached a new all-time high of over 1,000 exahashes per second (EH/s) on Jan. 3, according to data from CoinWarz.
That is nearly double the network’s hashrate 12 months ago. According to CoinWarz, Bitcoin’s hashrate hovered around 510 EH/s in January 2024. At the…
https://cryptoinsight.ae/bitcoin-hashrate-taps-all-time-high/
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Ethena targets TradFi adoption with synthetic dollar in 2025 roadmap
Ethena is preparing to roll out a new crypto-based product aimed at attracting traditional finance (TradFi) institutions.
The blockchain platform plans to launch the new iUSDe product in February. Built on its synthetic dollar, sUSDe, iUSDe introduces a “simple wrapper contract” that adds transfer restrictions at the token level, according to Ethena’s 2025 roadmap published…
https://cryptoinsight.ae/ethena-targets-tradfi-adoption-with-synthetic-dollar-in-2025-roadmap/
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Ethena is preparing to roll out a new crypto-based product aimed at attracting traditional finance (TradFi) institutions.
The blockchain platform plans to launch the new iUSDe product in February. Built on its synthetic dollar, sUSDe, iUSDe introduces a “simple wrapper contract” that adds transfer restrictions at the token level, according to Ethena’s 2025 roadmap published…
https://cryptoinsight.ae/ethena-targets-tradfi-adoption-with-synthetic-dollar-in-2025-roadmap/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a -1.4% change in the last 24 hours
Bitcoin ~ $98,314.10 (0.3%)
Ethereum ~ $3,634.53 (1.0%)
Solana ~ $216.54 (-0.2%)
Polkadot ~ $7.63 (-2.2%)
Flow ~ $0.7866 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a -1.4% change in the last 24 hours
Bitcoin ~ $98,314.10 (0.3%)
Ethereum ~ $3,634.53 (1.0%)
Solana ~ $216.54 (-0.2%)
Polkadot ~ $7.63 (-2.2%)
Flow ~ $0.7866 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
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$19 trillion in transactions settled on the Bitcoin network in 2024
More than $19 trillion in transactions settled over the Bitcoin network in 2024 — more than double the $8.7 trillion settled over the network in 2023 — reversing two years of declining transaction volume since 2021.
According to data from vice president of research at Riot Platforms Pierre Rochard, Bitcoin transaction volume peaked during the…
https://cryptoinsight.ae/19-trillion-in-transactions-settled-on-the-bitcoin-network-in-2024/
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More than $19 trillion in transactions settled over the Bitcoin network in 2024 — more than double the $8.7 trillion settled over the network in 2023 — reversing two years of declining transaction volume since 2021.
According to data from vice president of research at Riot Platforms Pierre Rochard, Bitcoin transaction volume peaked during the…
https://cryptoinsight.ae/19-trillion-in-transactions-settled-on-the-bitcoin-network-in-2024/
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Solana is now quantum-resistant, Solana dev claims
Solana developers have created a quantum-resistant vault on the Solana blockchain to protect user funds from potential threats posed by quantum computers.
The “Solana Winternitz Vault” solution achieves this by implementing a complex hash-based signature system that generates new keys every time a transaction is made, explained cryptography researcher and Zeus Network chief scientist Dean…
https://cryptoinsight.ae/solana-is-now-quantum-resistant-solana-dev-claims/
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Solana developers have created a quantum-resistant vault on the Solana blockchain to protect user funds from potential threats posed by quantum computers.
The “Solana Winternitz Vault” solution achieves this by implementing a complex hash-based signature system that generates new keys every time a transaction is made, explained cryptography researcher and Zeus Network chief scientist Dean…
https://cryptoinsight.ae/solana-is-now-quantum-resistant-solana-dev-claims/
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Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0
Former United States prosecutor and crypto advocate John Deaton has offered the incoming Trump administration to lead a probe into Operation Chokepoint 2.0 — an unconfirmed initiative that allegedly attempted to cut crypto companies from the traditional banking system.
“If these actions go unchallenged, it creates a dangerous precedent where regulatory bodies can quietly suppress…
https://cryptoinsight.ae/pro-crypto-lawyer-john-deaton-offers-to-probe-operation-chokepoint-2-0/
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Former United States prosecutor and crypto advocate John Deaton has offered the incoming Trump administration to lead a probe into Operation Chokepoint 2.0 — an unconfirmed initiative that allegedly attempted to cut crypto companies from the traditional banking system.
“If these actions go unchallenged, it creates a dangerous precedent where regulatory bodies can quietly suppress…
https://cryptoinsight.ae/pro-crypto-lawyer-john-deaton-offers-to-probe-operation-chokepoint-2-0/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.69 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $99,485.02 (1.1%)
Ethereum ~ $3,672.63 (1.0%)
Solana ~ $214.49 (-1.0%)
Polkadot ~ $7.76 (1.7%)
Flow ~ $0.8229 (4.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.69 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $99,485.02 (1.1%)
Ethereum ~ $3,672.63 (1.0%)
Solana ~ $214.49 (-1.0%)
Polkadot ~ $7.76 (1.7%)
Flow ~ $0.8229 (4.6%)
Follow and subscribe - @GulfCryptoInsight
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Vitalik Buterin floats ‘soft pause’ on compute in case of sudden risky AI
Ethereum co-founder Vitalik Buterin says a temporary “pause” to worldwide available compute could be a way to “buy more time for humanity” in case of a possibly harmful form of AI superintelligence.
In a Jan. 5 blog post following up his November 2023 post advocating the idea of “defensive accelerationism” or d/acc, Buterin said super…
https://cryptoinsight.ae/vitalik-buterin-floats-soft-pause-on-compute-in-case-of-sudden-risky-ai/
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Ethereum co-founder Vitalik Buterin says a temporary “pause” to worldwide available compute could be a way to “buy more time for humanity” in case of a possibly harmful form of AI superintelligence.
In a Jan. 5 blog post following up his November 2023 post advocating the idea of “defensive accelerationism” or d/acc, Buterin said super…
https://cryptoinsight.ae/vitalik-buterin-floats-soft-pause-on-compute-in-case-of-sudden-risky-ai/
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Bitcoin Trump rally could wane ahead of end-Jan FOMC meeting: 10x Research
A Donald Trump-led Bitcoin rally — expected to occur in the days leading up to his Jan. 20 US presidential inauguration — could wane toward the end of the month as the Federal Reserve publishes its first interest rate decision of the year.
In a Jan. 5 report, 10x Research’s founder Markus Thielen predicted a…
https://cryptoinsight.ae/bitcoin-trump-rally-could-wane-ahead-of-end-jan-fomc-meeting-10x-research/
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A Donald Trump-led Bitcoin rally — expected to occur in the days leading up to his Jan. 20 US presidential inauguration — could wane toward the end of the month as the Federal Reserve publishes its first interest rate decision of the year.
In a Jan. 5 report, 10x Research’s founder Markus Thielen predicted a…
https://cryptoinsight.ae/bitcoin-trump-rally-could-wane-ahead-of-end-jan-fomc-meeting-10x-research/
Website | Twitter | LinkedIn | Telegram
Mining company MARA lent out 7,377 BTC to third parties in 2024
Mining company MARA, formerly known as Marathon Digital, lent out 7,377 Bitcoin to third parties in 2024, according to a Jan. 3 announcement from the Bitcoin miner.
Vice president of investor relations at MARA Robert Samuels provided more information about MARA’s Bitcoin lending activity but did not cite specific numbers.
According to Samuels, MARA’s Bitcoin…
https://cryptoinsight.ae/mining-company-mara-lent-out-7377-btc-to-third-parties-in-2024/
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Mining company MARA, formerly known as Marathon Digital, lent out 7,377 Bitcoin to third parties in 2024, according to a Jan. 3 announcement from the Bitcoin miner.
Vice president of investor relations at MARA Robert Samuels provided more information about MARA’s Bitcoin lending activity but did not cite specific numbers.
According to Samuels, MARA’s Bitcoin…
https://cryptoinsight.ae/mining-company-mara-lent-out-7377-btc-to-third-parties-in-2024/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.75 Trillion, a -0.3% change in the last 24 hours
Bitcoin ~ $101,880 (2.4%)
Ethereum ~ $3,674.37 (0.1%)
Solana ~ $216.42 (0.9%)
Polkadot ~ $7.74 (-0.2%)
Flow ~ $0.8213 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.75 Trillion, a -0.3% change in the last 24 hours
Bitcoin ~ $101,880 (2.4%)
Ethereum ~ $3,674.37 (0.1%)
Solana ~ $216.42 (0.9%)
Polkadot ~ $7.74 (-0.2%)
Flow ~ $0.8213 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
MiCA can attract more crypto investment despite overregulation concerns
Europe’s Markets in Crypto-Assets Regulation (MiCA) is being hailed as a significant step forward for the cryptocurrency industry despite concerns about potential overregulation during its initial rollout.
MiCA is the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30.
While concerns regarding regulatory overreach persist, the…
https://cryptoinsight.ae/mica-can-attract-more-crypto-investment-despite-overregulation-concerns/
Website | Twitter | LinkedIn | Telegram
Europe’s Markets in Crypto-Assets Regulation (MiCA) is being hailed as a significant step forward for the cryptocurrency industry despite concerns about potential overregulation during its initial rollout.
MiCA is the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30.
While concerns regarding regulatory overreach persist, the…
https://cryptoinsight.ae/mica-can-attract-more-crypto-investment-despite-overregulation-concerns/
Website | Twitter | LinkedIn | Telegram
Solana 24-hour DEX volume beats Ethereum, Base combined
The Solana network has surpassed Ethereum and Base combined in 24-hour decentralized exchange (DEX) trading volume, according to data from DefiLlama.
According to DefiLlama, daily trading volume across Solana-based DEXs neared $3.8 billion on Jan. 6, versus $1.7 billion for Ethereum and $1.2 billion for Base, Ethereum’s most popular layer-2 scaling network.
The growing trading…
https://cryptoinsight.ae/solana-24-hour-dex-volume-beats-ethereum-base-combined/
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The Solana network has surpassed Ethereum and Base combined in 24-hour decentralized exchange (DEX) trading volume, according to data from DefiLlama.
According to DefiLlama, daily trading volume across Solana-based DEXs neared $3.8 billion on Jan. 6, versus $1.7 billion for Ethereum and $1.2 billion for Base, Ethereum’s most popular layer-2 scaling network.
The growing trading…
https://cryptoinsight.ae/solana-24-hour-dex-volume-beats-ethereum-base-combined/
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GSR secures UK FCA approval, expands regulated crypto services
GSR Markets UK, a subsidiary of the global cryptocurrency trading firm GSR, has received regulatory approval from the United Kingdom’s Financial Conduct Authority (FCA), allowing the company to operate as a licensed crypto asset business.
According to a news release, the approval makes GSR the first crypto liquidity provider to achieve dual regulatory authorization from…
https://cryptoinsight.ae/gsr-secures-uk-fca-approval-expands-regulated-crypto-services/
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GSR Markets UK, a subsidiary of the global cryptocurrency trading firm GSR, has received regulatory approval from the United Kingdom’s Financial Conduct Authority (FCA), allowing the company to operate as a licensed crypto asset business.
According to a news release, the approval makes GSR the first crypto liquidity provider to achieve dual regulatory authorization from…
https://cryptoinsight.ae/gsr-secures-uk-fca-approval-expands-regulated-crypto-services/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a -7.6% change in the last 24 hours
Bitcoin ~ $96,319.67 (-5.5%)
Ethereum ~ $3,340.86 (-9.1%)
Solana ~ $195.70 (-9.6%)
Polkadot ~ $6.83 (-11.7%)
Flow ~ $0.7344 (-10.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.51 Trillion, a -7.6% change in the last 24 hours
Bitcoin ~ $96,319.67 (-5.5%)
Ethereum ~ $3,340.86 (-9.1%)
Solana ~ $195.70 (-9.6%)
Polkadot ~ $6.83 (-11.7%)
Flow ~ $0.7344 (-10.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
A new era of borrowing: Self-repaying loans bring interest-free debts to DeFi
Superseed, a DeFi protocol with self-repaying loans, inches closer to its mainnet launch and token generation event.
Decentralized finance (DeFi) comes with the promise of an open, accessible financial system. Yet many protocols face a common lingering question: How to ensure every participant is included in the value created? Borrowers, for instance, may discover that…
https://cryptoinsight.ae/a-new-era-of-borrowing-self-repaying-loans-bring-interest-free-debts-to-defi/
Website | Twitter | LinkedIn | Telegram
Superseed, a DeFi protocol with self-repaying loans, inches closer to its mainnet launch and token generation event.
Decentralized finance (DeFi) comes with the promise of an open, accessible financial system. Yet many protocols face a common lingering question: How to ensure every participant is included in the value created? Borrowers, for instance, may discover that…
https://cryptoinsight.ae/a-new-era-of-borrowing-self-repaying-loans-bring-interest-free-debts-to-defi/
Website | Twitter | LinkedIn | Telegram