Hello there!
Day started from:
The global cryptocurrency market cap today is $3.7 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $104,437 (-0.8%)
Ethereum ~ $3,244.47 (1.5%)
Solana ~ $237.31 (-1.0%)
Polkadot ~ $6.14 (3.3%)
Flow ~ $0.6404 (0.3%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.7 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $104,437 (-0.8%)
Ethereum ~ $3,244.47 (1.5%)
Solana ~ $237.31 (-1.0%)
Polkadot ~ $6.14 (3.3%)
Flow ~ $0.6404 (0.3%)
Follow and subscribe - @GulfCryptoInsight
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Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure
Major cryptocurrency asset manager Grayscale continued expanding its crypto investment offerings, launching a new exchange-traded fund (ETF) offering exposure to Bitcoin mining.
Grayscale is debuting Grayscale Bitcoin Miners ETF (MNRS), an investment product offering exposure to Bitcoin miners and the BTC mining ecosystem, the company announced on Jan. 30.
The fund invests specifically in companies…
https://cryptoinsight.ae/grayscale-launches-bitcoin-miners-etf-to-offer-btc-mining-exposure/
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Major cryptocurrency asset manager Grayscale continued expanding its crypto investment offerings, launching a new exchange-traded fund (ETF) offering exposure to Bitcoin mining.
Grayscale is debuting Grayscale Bitcoin Miners ETF (MNRS), an investment product offering exposure to Bitcoin miners and the BTC mining ecosystem, the company announced on Jan. 30.
The fund invests specifically in companies…
https://cryptoinsight.ae/grayscale-launches-bitcoin-miners-etf-to-offer-btc-mining-exposure/
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Tether’s stablecoin to be integrated into Bitcoin Lightning
Tether said it’s bringing its namesake stablecoin to Bitcoin through the layer 2 scaling service, the Lightning Network.
Tether CEO Paolo Ardoino and Lightning Labs CEO Elizabeth Stark announced the partnership on stage at the Bitcoin-focused Plan B conference in San Salvador, El Salvador, on Jan. 30.
Tether said in a blog post that Lightning…
https://cryptoinsight.ae/tethers-stablecoin-to-be-integrated-into-bitcoin-lightning/
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Tether said it’s bringing its namesake stablecoin to Bitcoin through the layer 2 scaling service, the Lightning Network.
Tether CEO Paolo Ardoino and Lightning Labs CEO Elizabeth Stark announced the partnership on stage at the Bitcoin-focused Plan B conference in San Salvador, El Salvador, on Jan. 30.
Tether said in a blog post that Lightning…
https://cryptoinsight.ae/tethers-stablecoin-to-be-integrated-into-bitcoin-lightning/
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DeepSeek, explained: What it is and how it works
What is DeepSeek?
DeepSeek is an AI model (a chatbot) that functions similarly to ChatGPT, enabling users to perform tasks like coding, reasoning and mathematical problem-solving. It is powered by the R1 model, which boasts 670 billion parameters, making it the largest open-source large language model as of Jan. 28, 2025.
DeepSeek developed two models:…
https://cryptoinsight.ae/deepseek-explained-what-it-is-and-how-it-works/
Website | Twitter | LinkedIn | Telegram
What is DeepSeek?
DeepSeek is an AI model (a chatbot) that functions similarly to ChatGPT, enabling users to perform tasks like coding, reasoning and mathematical problem-solving. It is powered by the R1 model, which boasts 670 billion parameters, making it the largest open-source large language model as of Jan. 28, 2025.
DeepSeek developed two models:…
https://cryptoinsight.ae/deepseek-explained-what-it-is-and-how-it-works/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $102,320 (-2.0%)
Ethereum ~ $3,292.73 (1.5%)
Solana ~ $231.20 (-2.5%)
Polkadot ~ $6.44 (4.8%)
Flow ~ $0.6535 (2.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.66 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $102,320 (-2.0%)
Ethereum ~ $3,292.73 (1.5%)
Solana ~ $231.20 (-2.5%)
Polkadot ~ $6.44 (4.8%)
Flow ~ $0.6535 (2.0%)
Follow and subscribe - @GulfCryptoInsight
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Stablecoin volumes surpassed Visa and Mastercard combined in 2024
Stablecoins, which play a major role in the global cryptocurrency ecosystem, saw massive adoption in 2024, with their transfer volumes beating those of Visa and Mastercard combined.
The annual stablecoin transfer volume reached $27.6 trillion last year, surpassing the combined volumes of Visa and Mastercard by 7.7%, according to a Jan. 31 report by crypto…
https://cryptoinsight.ae/stablecoin-volumes-surpassed-visa-and-mastercard-combined-in-2024/
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Stablecoins, which play a major role in the global cryptocurrency ecosystem, saw massive adoption in 2024, with their transfer volumes beating those of Visa and Mastercard combined.
The annual stablecoin transfer volume reached $27.6 trillion last year, surpassing the combined volumes of Visa and Mastercard by 7.7%, according to a Jan. 31 report by crypto…
https://cryptoinsight.ae/stablecoin-volumes-surpassed-visa-and-mastercard-combined-in-2024/
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Uniswap v4 launches on 12 chains
Uniswap has launched its v4 decentralized exchange (DEX) on 12 blockchain networks, including Ethereum and Avalanche, the Uniswap Foundation said on Jan. 31.
The upgraded DEX introduces “hooks,” plugins that let developers create custom logic for cryptocurrency trading pairs, Uniswap said.
Uniswap v4 will also operate on layer-2 scaling networks, including Arbitrum, Base, Optimism and…
https://cryptoinsight.ae/uniswap-v4-launches-on-12-chains/
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Uniswap has launched its v4 decentralized exchange (DEX) on 12 blockchain networks, including Ethereum and Avalanche, the Uniswap Foundation said on Jan. 31.
The upgraded DEX introduces “hooks,” plugins that let developers create custom logic for cryptocurrency trading pairs, Uniswap said.
Uniswap v4 will also operate on layer-2 scaling networks, including Arbitrum, Base, Optimism and…
https://cryptoinsight.ae/uniswap-v4-launches-on-12-chains/
Website | Twitter | LinkedIn | Telegram
Grayscale launches Dogecoin investment fund
Grayscale Investments has launched an investment fund for Dogecoin, the most popular memecoin by market cap, the asset manager said on Jan. 31.
Grayscale Dogecoin Trust offers investors exposure to “the native coin of the Dogecoin network, an open-source peer-to-peer digital currency originally derived from Litecoin, which itself originated from Bitcoin,” Grayscale said. The trust…
https://cryptoinsight.ae/grayscale-launches-dogecoin-investment-fund/
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Grayscale Investments has launched an investment fund for Dogecoin, the most popular memecoin by market cap, the asset manager said on Jan. 31.
Grayscale Dogecoin Trust offers investors exposure to “the native coin of the Dogecoin network, an open-source peer-to-peer digital currency originally derived from Litecoin, which itself originated from Bitcoin,” Grayscale said. The trust…
https://cryptoinsight.ae/grayscale-launches-dogecoin-investment-fund/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.53 Trillion, a -5.1% change in the last 24 hours
Bitcoin ~ $100,225 (-1.9%)
Ethereum ~ $3,122.46 (-5.1%)
Solana ~ $212.90 (-7.9%)
Polkadot ~ $5.86 (-9.0%)
Flow ~ $0.5934 (-9.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.53 Trillion, a -5.1% change in the last 24 hours
Bitcoin ~ $100,225 (-1.9%)
Ethereum ~ $3,122.46 (-5.1%)
Solana ~ $212.90 (-7.9%)
Polkadot ~ $5.86 (-9.0%)
Flow ~ $0.5934 (-9.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Coinbase acquires ads platform Spindl to tackle ‘onchain discovery problem’
Crypto exchange Coinbase has acquired Spindl, an onchain advertising and attribution platform, as part of a broader push to expand the reach for projects built on its Ethereum layer-2 network Base.
“Coinbase has acquired Spindl, an onchain ads and attribution platform (re)building the ad tech stack onchain, to improve the onchain discovery problem for onchain…
https://cryptoinsight.ae/coinbase-acquires-ads-platform-spindl-to-tackle-onchain-discovery-problem/
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Crypto exchange Coinbase has acquired Spindl, an onchain advertising and attribution platform, as part of a broader push to expand the reach for projects built on its Ethereum layer-2 network Base.
“Coinbase has acquired Spindl, an onchain ads and attribution platform (re)building the ad tech stack onchain, to improve the onchain discovery problem for onchain…
https://cryptoinsight.ae/coinbase-acquires-ads-platform-spindl-to-tackle-onchain-discovery-problem/
Website | Twitter | LinkedIn | Telegram
Swiss bank UBS tests blockchain for digital gold investments on ZKsync
Switzerland’s largest bank, UBS, is experimenting with blockchain technology to modernize digital gold investments for retail investors.
The Union Bank of Switzerland (UBS), with over $5.7 trillion in assets under management, has completed a proof-of-concept for its fractional gold investment product, UBS Key4 Gold, on the Ethereum layer-2 (L2) network ZKsync Validium.
By leveraging ZKsync,…
https://cryptoinsight.ae/swiss-bank-ubs-tests-blockchain-for-digital-gold-investments-on-zksync/
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Switzerland’s largest bank, UBS, is experimenting with blockchain technology to modernize digital gold investments for retail investors.
The Union Bank of Switzerland (UBS), with over $5.7 trillion in assets under management, has completed a proof-of-concept for its fractional gold investment product, UBS Key4 Gold, on the Ethereum layer-2 (L2) network ZKsync Validium.
By leveraging ZKsync,…
https://cryptoinsight.ae/swiss-bank-ubs-tests-blockchain-for-digital-gold-investments-on-zksync/
Website | Twitter | LinkedIn | Telegram
Network states will one day compete with nation-states — Web3 exec
Dr. Corey Petty, the chief insights officer at Logos — an initiative focused on developing decentralized peer-to-peer infrastructure for a network state — told Cointelegraph that network states will one day rival established countries and governance structures.
According to Petty, blockchain technology provides individuals with the three necessary components to establish self-governing, sovereign communities in…
https://cryptoinsight.ae/network-states-will-one-day-compete-with-nation-states-web3-exec/
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Dr. Corey Petty, the chief insights officer at Logos — an initiative focused on developing decentralized peer-to-peer infrastructure for a network state — told Cointelegraph that network states will one day rival established countries and governance structures.
According to Petty, blockchain technology provides individuals with the three necessary components to establish self-governing, sovereign communities in…
https://cryptoinsight.ae/network-states-will-one-day-compete-with-nation-states-web3-exec/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.16 Trillion, a -11.7% change in the last 24 hours
Bitcoin ~ $94,055.80 (-6.3%)
Ethereum ~ $2,514.97 (-19.7%)
Solana ~ $196.41 (-8.0%)
Polkadot ~ $4.45 (-24.0%)
Flow ~ $0.4555 (-23.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.16 Trillion, a -11.7% change in the last 24 hours
Bitcoin ~ $94,055.80 (-6.3%)
Ethereum ~ $2,514.97 (-19.7%)
Solana ~ $196.41 (-8.0%)
Polkadot ~ $4.45 (-24.0%)
Flow ~ $0.4555 (-23.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Nasdaq futures plunge 2.7% as Trump’s trade war rattles markets
United States stock market futures plummeted after US President Donald Trump’s recently announced trade tariffs on China, Mexico and Canada, while almost half a trillion dollars exited crypto markets over the past 24 hours.
Nasdaq 100 futures slumped on Feb. 3, having fallen almost 2.7%, according to Finviz. Meanwhile, other US equity futures opened down,…
https://cryptoinsight.ae/nasdaq-futures-plunge-2-7-as-trumps-trade-war-rattles-markets/
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United States stock market futures plummeted after US President Donald Trump’s recently announced trade tariffs on China, Mexico and Canada, while almost half a trillion dollars exited crypto markets over the past 24 hours.
Nasdaq 100 futures slumped on Feb. 3, having fallen almost 2.7%, according to Finviz. Meanwhile, other US equity futures opened down,…
https://cryptoinsight.ae/nasdaq-futures-plunge-2-7-as-trumps-trade-war-rattles-markets/
Website | Twitter | LinkedIn | Telegram
India may change crypto policy due to international adoption: report
The Indian government, which has historically been opposed to crypto, is reviewing its regulatory policy in response to adoption by other nation-states.
According to Reuters, India’s economic affairs secretary, Ajay Seth, said that digital assets “Don’t believe in borders” — signaling that India does not want to get left behind in the digital asset revolution.…
https://cryptoinsight.ae/india-may-change-crypto-policy-due-to-international-adoption-report/
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The Indian government, which has historically been opposed to crypto, is reviewing its regulatory policy in response to adoption by other nation-states.
According to Reuters, India’s economic affairs secretary, Ajay Seth, said that digital assets “Don’t believe in borders” — signaling that India does not want to get left behind in the digital asset revolution.…
https://cryptoinsight.ae/india-may-change-crypto-policy-due-to-international-adoption-report/
Website | Twitter | LinkedIn | Telegram
Thailand SEC plans to launch tokenized securities trading system
The Securities and Exchange Commission of Thailand is planning to launch a distributed ledger technology-based trading platform for securities firms to trade digital tokens.
The deputy secretary-general of the Thai SEC said that token investments were gaining traction and the regulator will allow securities companies to trade digital tokens to capitalize on their large investor…
https://cryptoinsight.ae/thailand-sec-plans-to-launch-tokenized-securities-trading-system/
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The Securities and Exchange Commission of Thailand is planning to launch a distributed ledger technology-based trading platform for securities firms to trade digital tokens.
The deputy secretary-general of the Thai SEC said that token investments were gaining traction and the regulator will allow securities companies to trade digital tokens to capitalize on their large investor…
https://cryptoinsight.ae/thailand-sec-plans-to-launch-tokenized-securities-trading-system/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.46 Trillion, a 8.2% change in the last 24 hours
Bitcoin ~ $99,500.88 (5.5%)
Ethereum ~ $2,718.50 (7.8%)
Solana ~ $205.93 (4.5%)
Polkadot ~ $4.75 (6.0%)
Flow ~ $0.4938 (8.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.46 Trillion, a 8.2% change in the last 24 hours
Bitcoin ~ $99,500.88 (5.5%)
Ethereum ~ $2,718.50 (7.8%)
Solana ~ $205.93 (4.5%)
Polkadot ~ $4.75 (6.0%)
Flow ~ $0.4938 (8.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
The million-dollar mistake: Bad advice can destroy your UAE crypto company
Opinion by: Irina Heaver, Bitcoin and crypto lawyer
The United Arab Emirates has positioned itself as a global capital of crypto innovation. With zero personal income tax, low corporate taxes and some of the clearest regulatory frameworks in the world, entrepreneurs are flocking to Dubai, Abu Dhabi, Ras Al Khaimah and beyond to set up…
https://cryptoinsight.ae/the-million-dollar-mistake-bad-advice-can-destroy-your-uae-crypto-company/
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Opinion by: Irina Heaver, Bitcoin and crypto lawyer
The United Arab Emirates has positioned itself as a global capital of crypto innovation. With zero personal income tax, low corporate taxes and some of the clearest regulatory frameworks in the world, entrepreneurs are flocking to Dubai, Abu Dhabi, Ras Al Khaimah and beyond to set up…
https://cryptoinsight.ae/the-million-dollar-mistake-bad-advice-can-destroy-your-uae-crypto-company/
Website | Twitter | LinkedIn | Telegram
RWAs rise to $17B all-time high, as Bitcoin falls below $100K
Real-world assets (RWAs) reached a new cumulative all-time high following Bitcoin’s decline below $100,000.
RWA tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities of these assets.
Onchain RWAs have reached a cumulative all-time high of more than $17.1 billion across over 82,000 total…
https://cryptoinsight.ae/rwas-rise-to-17b-all-time-high-as-bitcoin-falls-below-100k/
Website | Twitter | LinkedIn | Telegram
Real-world assets (RWAs) reached a new cumulative all-time high following Bitcoin’s decline below $100,000.
RWA tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities of these assets.
Onchain RWAs have reached a cumulative all-time high of more than $17.1 billion across over 82,000 total…
https://cryptoinsight.ae/rwas-rise-to-17b-all-time-high-as-bitcoin-falls-below-100k/
Website | Twitter | LinkedIn | Telegram
More than 50% of validators signal to increase ETH gas limit
Over 50% of Ethereum validators have signaled support for raising the network’s gas limit, increasing the maximum amount of gas that can be used for transactions in a single Ethereum block.
As of Feb. 4, Gaslimit.pics, which actively tracks the progress of validators’ support for a higher gas limit, shows 52% of validators are in…
https://cryptoinsight.ae/more-than-50-of-validators-signal-to-increase-eth-gas-limit/
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Over 50% of Ethereum validators have signaled support for raising the network’s gas limit, increasing the maximum amount of gas that can be used for transactions in a single Ethereum block.
As of Feb. 4, Gaslimit.pics, which actively tracks the progress of validators’ support for a higher gas limit, shows 52% of validators are in…
https://cryptoinsight.ae/more-than-50-of-validators-signal-to-increase-eth-gas-limit/
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