Bitcoin exchange reserves near 7-year low as hedge funds buy the dip
Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low amid continued institutional buying.
Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marked a near seven-year low not seen since June 2018, when Bitcoin was trading just above $7,000, CryptoQuant…
https://cryptoinsight.ae/bitcoin-exchange-reserves-near-7-year-low-as-hedge-funds-buy-the-dip/
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Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low amid continued institutional buying.
Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marked a near seven-year low not seen since June 2018, when Bitcoin was trading just above $7,000, CryptoQuant…
https://cryptoinsight.ae/bitcoin-exchange-reserves-near-7-year-low-as-hedge-funds-buy-the-dip/
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Tether will relocate HQ to El Salvador after securing license
Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation.
In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The…
https://cryptoinsight.ae/tether-will-relocate-hq-to-el-salvador-after-securing-license/
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Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation.
In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The…
https://cryptoinsight.ae/tether-will-relocate-hq-to-el-salvador-after-securing-license/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.53 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $96,870.17 (2.2%)
Ethereum ~ $3,219.63 (1.6%)
Solana ~ $188.65 (1.6%)
Polkadot ~ $6.68 (3.9%)
Flow ~ $0.7287 (3.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.53 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $96,870.17 (2.2%)
Ethereum ~ $3,219.63 (1.6%)
Solana ~ $188.65 (1.6%)
Polkadot ~ $6.68 (3.9%)
Flow ~ $0.7287 (3.0%)
Follow and subscribe - @GulfCryptoInsight
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Blockchain can unlock a new world in entertainment — Interview with Sponstar
Sponsorships are a cornerstone of events, sports and entertainment industries, yet the traditional model often leaves brands struggling with high costs, inefficiencies and a lack of measurable ROI. Blockchain technology carries an immense potential to solve these challenges with transparency and inclusivity and open the doors for new possibilities in the entertainment space.
Sponstar is…
https://cryptoinsight.ae/blockchain-can-unlock-a-new-world-in-entertainment-interview-with-sponstar/
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Sponsorships are a cornerstone of events, sports and entertainment industries, yet the traditional model often leaves brands struggling with high costs, inefficiencies and a lack of measurable ROI. Blockchain technology carries an immense potential to solve these challenges with transparency and inclusivity and open the doors for new possibilities in the entertainment space.
Sponstar is…
https://cryptoinsight.ae/blockchain-can-unlock-a-new-world-in-entertainment-interview-with-sponstar/
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Solana, XRP ETFs may attract billions in new investment — JPMorgan
Emerging cryptocurrency-based exchange-traded products (ETPs) may attract significant new investment if approved, according to banking giant JPMorgan.
More investors are betting on the approval of the first spot Solana and spot XRP exchange-traded funds (ETFs) with expectations of a more innovation-friendly regulatory regime in the US after President-elect Donald Trump’s inauguration on Jan. 20.
In…
https://cryptoinsight.ae/solana-xrp-etfs-may-attract-billions-in-new-investment-jpmorgan/
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Emerging cryptocurrency-based exchange-traded products (ETPs) may attract significant new investment if approved, according to banking giant JPMorgan.
More investors are betting on the approval of the first spot Solana and spot XRP exchange-traded funds (ETFs) with expectations of a more innovation-friendly regulatory regime in the US after President-elect Donald Trump’s inauguration on Jan. 20.
In…
https://cryptoinsight.ae/solana-xrp-etfs-may-attract-billions-in-new-investment-jpmorgan/
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Bitcoin reserves interest gains momentum across 5 continents
In the last year, Bitcoin has gained such popularity that lawmakers and regulators across five continents now consider it a potential reserve asset — a transferable store of value held by a central bank that can be used to settle transactions.
Czechia has become the latest country to make headlines for considering such a move.…
https://cryptoinsight.ae/bitcoin-reserves-interest-gains-momentum-across-5-continents/
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In the last year, Bitcoin has gained such popularity that lawmakers and regulators across five continents now consider it a potential reserve asset — a transferable store of value held by a central bank that can be used to settle transactions.
Czechia has become the latest country to make headlines for considering such a move.…
https://cryptoinsight.ae/bitcoin-reserves-interest-gains-momentum-across-5-continents/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.64 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $99,438.55 (2.6%)
Ethereum ~ $3,371.19 (4.6%)
Solana ~ $202.63 (7.4%)
Polkadot ~ $7.03 (5.2%)
Flow ~ $0.7679 (5.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.64 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $99,438.55 (2.6%)
Ethereum ~ $3,371.19 (4.6%)
Solana ~ $202.63 (7.4%)
Polkadot ~ $7.03 (5.2%)
Flow ~ $0.7679 (5.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hyperliquid’s $7.5B airdrop marks shift from centralized token listings
The decentralized launch of the Hyperliquid (HYPE) token may usher in a “new era” for onchain fair launch cryptocurrencies following some disappointing token launch events on centralized exchanges.
After staging the most valuable airdrop in crypto history, the Hyperliquid token came into the spotlight for its decentralized distribution, which excluded venture capital (VC) firms and…
https://cryptoinsight.ae/hyperliquids-7-5b-airdrop-marks-shift-from-centralized-token-listings/
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The decentralized launch of the Hyperliquid (HYPE) token may usher in a “new era” for onchain fair launch cryptocurrencies following some disappointing token launch events on centralized exchanges.
After staging the most valuable airdrop in crypto history, the Hyperliquid token came into the spotlight for its decentralized distribution, which excluded venture capital (VC) firms and…
https://cryptoinsight.ae/hyperliquids-7-5b-airdrop-marks-shift-from-centralized-token-listings/
Website | Twitter | LinkedIn | Telegram
US Senate Banking Committee chair says crypto framework will be a priority
Republican Senator Tim Scott, recently elected chair of the US Senate Banking Committee, announced that developing a regulatory framework for digital assets would be one of the body’s priorities in the 119th Congress.
In a Jan. 15 notice, Senator Scott said the Banking Committee intended to focus on policies for financial inclusion that “create opportunity”…
https://cryptoinsight.ae/us-senate-banking-committee-chair-says-crypto-framework-will-be-a-priority/
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Republican Senator Tim Scott, recently elected chair of the US Senate Banking Committee, announced that developing a regulatory framework for digital assets would be one of the body’s priorities in the 119th Congress.
In a Jan. 15 notice, Senator Scott said the Banking Committee intended to focus on policies for financial inclusion that “create opportunity”…
https://cryptoinsight.ae/us-senate-banking-committee-chair-says-crypto-framework-will-be-a-priority/
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VanEck submits Onchain Economy ETF application to the SEC
Asset manager VanEck submitted an application to the US Securities and Exchange Commission for the “Onchain Economy” exchange-traded fund (ETF) on Jan. 15, a now-deleted social media comment from VanEck’s head of digital assets research, Matthew Sigel, revealed.
According to the filing, the fund will invest in crypto firms across the industry, including software developers,…
https://cryptoinsight.ae/vaneck-submits-onchain-economy-etf-application-to-the-sec/
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Asset manager VanEck submitted an application to the US Securities and Exchange Commission for the “Onchain Economy” exchange-traded fund (ETF) on Jan. 15, a now-deleted social media comment from VanEck’s head of digital assets research, Matthew Sigel, revealed.
According to the filing, the fund will invest in crypto firms across the industry, including software developers,…
https://cryptoinsight.ae/vaneck-submits-onchain-economy-etf-application-to-the-sec/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.72 Trillion, a 0.9% change in the last 24 hours
Bitcoin ~ $101,520 (2.0%)
Ethereum ~ $3,372.23 (-0.1%)
Solana ~ $213.00 (5.0%)
Polkadot ~ $7.39 (5.0%)
Flow ~ $0.8052 (4.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.72 Trillion, a 0.9% change in the last 24 hours
Bitcoin ~ $101,520 (2.0%)
Ethereum ~ $3,372.23 (-0.1%)
Solana ~ $213.00 (5.0%)
Polkadot ~ $7.39 (5.0%)
Flow ~ $0.8052 (4.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Trump plans executive order making crypto a national priority: Report
US President-elect Donald Trump is reportedly expected to sign an executive order designating crypto as a national priority that could come as soon as he re-enters office on Jan. 20.
Bloomberg reported on Jan. 17, citing people familiar with the plans, that the order would mean regulatory agencies would be guided to work with the…
https://cryptoinsight.ae/trump-plans-executive-order-making-crypto-a-national-priority-report/
Website | Twitter | LinkedIn | Telegram
US President-elect Donald Trump is reportedly expected to sign an executive order designating crypto as a national priority that could come as soon as he re-enters office on Jan. 20.
Bloomberg reported on Jan. 17, citing people familiar with the plans, that the order would mean regulatory agencies would be guided to work with the…
https://cryptoinsight.ae/trump-plans-executive-order-making-crypto-a-national-priority-report/
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Amid tokenization race, Tradable brings $1.7B private credit onchain
Real-world asset (RWA) platform Tradable has tokenized $1.7 billion in private credit on ZKsync, signaling growing demand for institutional-grade assets.
According to a Jan. 16 announcement, Tradable has tokenized nearly 30 “institutional grade credit positions,” which refers to bonds that are rated highly for their credit quality.
According to Tradable’s website, its portfolio opportunities target…
https://cryptoinsight.ae/amid-tokenization-race-tradable-brings-1-7b-private-credit-onchain/
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Real-world asset (RWA) platform Tradable has tokenized $1.7 billion in private credit on ZKsync, signaling growing demand for institutional-grade assets.
According to a Jan. 16 announcement, Tradable has tokenized nearly 30 “institutional grade credit positions,” which refers to bonds that are rated highly for their credit quality.
According to Tradable’s website, its portfolio opportunities target…
https://cryptoinsight.ae/amid-tokenization-race-tradable-brings-1-7b-private-credit-onchain/
Website | Twitter | LinkedIn | Telegram
20% of Gen Z, Alpha sees crypto as retirement alternative: Report
Cryptocurrency-focused pension funds are attracting increasing attention from younger adults, reflecting a shift in how new generations view digital asset investments.
Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph.
Moreover, 78% of the respondents expressed greater trust…
https://cryptoinsight.ae/20-of-gen-z-alpha-sees-crypto-as-retirement-alternative-report/
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Cryptocurrency-focused pension funds are attracting increasing attention from younger adults, reflecting a shift in how new generations view digital asset investments.
Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph.
Moreover, 78% of the respondents expressed greater trust…
https://cryptoinsight.ae/20-of-gen-z-alpha-sees-crypto-as-retirement-alternative-report/
Website | Twitter | LinkedIn | Telegram
South Korea reports first crypto ‘pump and dump’ case under new law
South Korean financial authorities have taken action against alleged unfair cryptocurrency trading practices under the country’s investor protection regime.
On Jan. 16, South Korea’s Financial Services Commission (FSC) reported the first case of unfair crypto trading practices under the Virtual Asset User Protection Act, which took effect in July 2024.
South Korea’s Virtual Asset Protection…
https://cryptoinsight.ae/south-korea-reports-first-crypto-pump-and-dump-case-under-new-law/
Website | Twitter | LinkedIn | Telegram
South Korean financial authorities have taken action against alleged unfair cryptocurrency trading practices under the country’s investor protection regime.
On Jan. 16, South Korea’s Financial Services Commission (FSC) reported the first case of unfair crypto trading practices under the Virtual Asset User Protection Act, which took effect in July 2024.
South Korea’s Virtual Asset Protection…
https://cryptoinsight.ae/south-korea-reports-first-crypto-pump-and-dump-case-under-new-law/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.73 Trillion, a -1.2% change in the last 24 hours
Bitcoin ~ $103,213 (1.7%)
Ethereum ~ $3,319.64 (-1.6%)
Solana ~ $234.23 (9.9%)
Polkadot ~ $7.09 (-4.1%)
Flow ~ $0.7615 (-5.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.73 Trillion, a -1.2% change in the last 24 hours
Bitcoin ~ $103,213 (1.7%)
Ethereum ~ $3,319.64 (-1.6%)
Solana ~ $234.23 (9.9%)
Polkadot ~ $7.09 (-4.1%)
Flow ~ $0.7615 (-5.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as the Digital Operational Resilience Act (DORA) takes effect on Jan. 17.
DORA impacts cybersecurity and resilience practices by virtual asset service providers (VASP) in the region.
To comply with DORA, financial entities in the EU are required to have a comprehensive register…
https://cryptoinsight.ae/eus-new-dora-rules-come-into-effect-what-does-it-mean-for-crypto/
Website | Twitter | LinkedIn | Telegram
Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as the Digital Operational Resilience Act (DORA) takes effect on Jan. 17.
DORA impacts cybersecurity and resilience practices by virtual asset service providers (VASP) in the region.
To comply with DORA, financial entities in the EU are required to have a comprehensive register…
https://cryptoinsight.ae/eus-new-dora-rules-come-into-effect-what-does-it-mean-for-crypto/
Website | Twitter | LinkedIn | Telegram
46% of crypto VC funds went to US startups in Q4, and Trump could boost that
About half of all venture capital funding in the fourth quarter of 2024 went to cryptocurrency startups headquartered in the United States, and an incoming pro-crypto administration could push that further.
Galaxy Digital’s Crypto and Blockchain Venture Capital report, filed on Jan. 15, found that 46% of capital invested went to startups headquartered in the…
https://cryptoinsight.ae/46-of-crypto-vc-funds-went-to-us-startups-in-q4-and-trump-could-boost-that/
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About half of all venture capital funding in the fourth quarter of 2024 went to cryptocurrency startups headquartered in the United States, and an incoming pro-crypto administration could push that further.
Galaxy Digital’s Crypto and Blockchain Venture Capital report, filed on Jan. 15, found that 46% of capital invested went to startups headquartered in the…
https://cryptoinsight.ae/46-of-crypto-vc-funds-went-to-us-startups-in-q4-and-trump-could-boost-that/
Website | Twitter | LinkedIn | Telegram
DeFi platform moves beyond beta, gearing up for its next chapter
Primex Finance, which provides an advanced DeFi experience to users by offering a mix of trading, lending and leveraged yield farming, is counting down on its token generation event.
Decentralized finance (DeFi) has transformed traditional finance (TradFi) with its promise of open, permissionless access. However, it has yet to reach its full potential due to…
https://cryptoinsight.ae/defi-platform-moves-beyond-beta-gearing-up-for-its-next-chapter/
Website | Twitter | LinkedIn | Telegram
Primex Finance, which provides an advanced DeFi experience to users by offering a mix of trading, lending and leveraged yield farming, is counting down on its token generation event.
Decentralized finance (DeFi) has transformed traditional finance (TradFi) with its promise of open, permissionless access. However, it has yet to reach its full potential due to…
https://cryptoinsight.ae/defi-platform-moves-beyond-beta-gearing-up-for-its-next-chapter/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.79 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $104,962 (1.7%)
Ethereum ~ $3,290.11 (-0.8%)
Solana ~ $268.00 (14.3%)
Polkadot ~ $6.91 (-2.4%)
Flow ~ $0.7381 (-2.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.79 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $104,962 (1.7%)
Ethereum ~ $3,290.11 (-0.8%)
Solana ~ $268.00 (14.3%)
Polkadot ~ $6.91 (-2.4%)
Flow ~ $0.7381 (-2.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram