Hello there!
Day started from:
The global cryptocurrency market cap today is $3.35 Trillion, a -1.8% change in the last 24 hours
Bitcoin ~ $98,045.06 (-1.7%)
Ethereum ~ $2,759.20 (1.2%)
Solana ~ $206.36 (-0.2%)
Polkadot ~ $4.75 (-0.4%)
Flow ~ $0.4994 (0.7%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $3.35 Trillion, a -1.8% change in the last 24 hours
Bitcoin ~ $98,045.06 (-1.7%)
Ethereum ~ $2,759.20 (1.2%)
Solana ~ $206.36 (-0.2%)
Polkadot ~ $4.75 (-0.4%)
Flow ~ $0.4994 (0.7%)
Follow and subscribe - @GulfCryptoInsight
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L1 blockchain releases major rebrand to expand its mission and scale for Web3 finance
Injective, a layer-1 blockchain purpose-built for finance, is rebranding to reflect its evolution into an ecosystem that merges traditional and onchain finance. The new brand identity embodies Injective’s growth and its mission to create a more open and efficient financial system through onchain.
Decentralized finance (DeFi) has come a long way since its inception. What…
https://cryptoinsight.ae/l1-blockchain-releases-major-rebrand-to-expand-its-mission-and-scale-for-web3-finance/
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Injective, a layer-1 blockchain purpose-built for finance, is rebranding to reflect its evolution into an ecosystem that merges traditional and onchain finance. The new brand identity embodies Injective’s growth and its mission to create a more open and efficient financial system through onchain.
Decentralized finance (DeFi) has come a long way since its inception. What…
https://cryptoinsight.ae/l1-blockchain-releases-major-rebrand-to-expand-its-mission-and-scale-for-web3-finance/
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SEC is evaluating ‘retroactive relief’ for past coin offerings
The US Securities and Exchange Commission is carving out a new path for the cryptocurrency sector, including evaluating the security status of crypto assets and potentially providing “retroactive relief” for certain token offerings.
According to a Feb. 4 statement issued by SEC Commissioner Hester Peirce, the White House’s newly announced Crypto Task Force will use…
https://cryptoinsight.ae/sec-is-evaluating-retroactive-relief-for-past-coin-offerings/
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The US Securities and Exchange Commission is carving out a new path for the cryptocurrency sector, including evaluating the security status of crypto assets and potentially providing “retroactive relief” for certain token offerings.
According to a Feb. 4 statement issued by SEC Commissioner Hester Peirce, the White House’s newly announced Crypto Task Force will use…
https://cryptoinsight.ae/sec-is-evaluating-retroactive-relief-for-past-coin-offerings/
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Bitcoin block size could grow to 4 MB with inscriptions: Research
Widespread adoption of inscriptions could drive the Bitcoin network’s average block size as high as 4 megabytes (MB) per block, far higher than current averages, according to a Feb. 4 report by Mempool Research.
Bitcoin’s average block size — the amount of data contained in each block posted to the network’s public ledger — is…
https://cryptoinsight.ae/bitcoin-block-size-could-grow-to-4-mb-with-inscriptions-research/
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Widespread adoption of inscriptions could drive the Bitcoin network’s average block size as high as 4 megabytes (MB) per block, far higher than current averages, according to a Feb. 4 report by Mempool Research.
Bitcoin’s average block size — the amount of data contained in each block posted to the network’s public ledger — is…
https://cryptoinsight.ae/bitcoin-block-size-could-grow-to-4-mb-with-inscriptions-research/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.35 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $98,134.76 (0.2%)
Ethereum ~ $2,842.50 (3.1%)
Solana ~ $203.18 (-1.5%)
Polkadot ~ $4.80 (1.3%)
Flow ~ $0.4952 (-0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.35 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $98,134.76 (0.2%)
Ethereum ~ $2,842.50 (3.1%)
Solana ~ $203.18 (-1.5%)
Polkadot ~ $4.80 (1.3%)
Flow ~ $0.4952 (-0.6%)
Follow and subscribe - @GulfCryptoInsight
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US wants to bring stablecoins onshore, Trump’s crypto czar says
US President Donald Trump’s administration has confirmed plans to regulate and bring stablecoin innovation onshore, according to Trump’s crypto czar, David Sacks.
Stablecoins are one of the key areas of focus for the Trump administration, alongside Bitcoin adoption and blockchain development, Sacks said on CNBC’s Closing Bell Over Time on Feb. 4.
The stablecoin market…
https://cryptoinsight.ae/us-wants-to-bring-stablecoins-onshore-trumps-crypto-czar-says/
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US President Donald Trump’s administration has confirmed plans to regulate and bring stablecoin innovation onshore, according to Trump’s crypto czar, David Sacks.
Stablecoins are one of the key areas of focus for the Trump administration, alongside Bitcoin adoption and blockchain development, Sacks said on CNBC’s Closing Bell Over Time on Feb. 4.
The stablecoin market…
https://cryptoinsight.ae/us-wants-to-bring-stablecoins-onshore-trumps-crypto-czar-says/
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FDIC releases 790 pages of crypto-related letters in regulatory pivot
The Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the United States, has released 790 pages of additional correspondence related to firms offering crypto services to clients.
According to the FDIC, the documents show requests from banks and other institutions to offer crypto services to clients were almost always met with resistance,…
https://cryptoinsight.ae/fdic-releases-790-pages-of-crypto-related-letters-in-regulatory-pivot/
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The Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the United States, has released 790 pages of additional correspondence related to firms offering crypto services to clients.
According to the FDIC, the documents show requests from banks and other institutions to offer crypto services to clients were almost always met with resistance,…
https://cryptoinsight.ae/fdic-releases-790-pages-of-crypto-related-letters-in-regulatory-pivot/
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BlackRock to launch Bitcoin ETP in Europe — Report
BlackRock, the world’s largest asset manager, is preparing to launch a Bitcoin exchange-traded product (ETP) in Europe, according to a Feb. 5 report by Bloomberg.
The move comes after BlackRock’s US spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), drew upward of $57 billion in net assets after launching in January 2024. BlackRock’s IBIT…
https://cryptoinsight.ae/blackrock-to-launch-bitcoin-etp-in-europe-report/
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BlackRock, the world’s largest asset manager, is preparing to launch a Bitcoin exchange-traded product (ETP) in Europe, according to a Feb. 5 report by Bloomberg.
The move comes after BlackRock’s US spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), drew upward of $57 billion in net assets after launching in January 2024. BlackRock’s IBIT…
https://cryptoinsight.ae/blackrock-to-launch-bitcoin-etp-in-europe-report/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $3.28 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $97,299.21 (-0.9%)
Ethereum ~ $2,706.26 (-4.7%)
Solana ~ $192.18 (-5.4%)
Polkadot ~ $4.59 (-4.3%)
Flow ~ $0.4752 (-4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.28 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $97,299.21 (-0.9%)
Ethereum ~ $2,706.26 (-4.7%)
Solana ~ $192.18 (-5.4%)
Polkadot ~ $4.59 (-4.3%)
Flow ~ $0.4752 (-4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Tether brings USDT stablecoin to UAE real estate market with Reelly Tech
Cryptocurrency firm Tether is expanding the use of its USDt stablecoin in real estate transactions through a new partnership with Reelly Tech, a United Arab Emirates-based real estate platform.
The partnership aims to simplify property transactions using Tether’s USDt stablecoin.
As part of the partnership, Reelly Tech will offer its customers the opportunity to use…
https://cryptoinsight.ae/tether-brings-usdt-stablecoin-to-uae-real-estate-market-with-reelly-tech/
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Cryptocurrency firm Tether is expanding the use of its USDt stablecoin in real estate transactions through a new partnership with Reelly Tech, a United Arab Emirates-based real estate platform.
The partnership aims to simplify property transactions using Tether’s USDt stablecoin.
As part of the partnership, Reelly Tech will offer its customers the opportunity to use…
https://cryptoinsight.ae/tether-brings-usdt-stablecoin-to-uae-real-estate-market-with-reelly-tech/
Website | Twitter | LinkedIn | Telegram
Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs
Real-world asset tokenization platform Ondo Finance said it will launch an institution-focused layer-1 blockchain for Wall Street firms to tokenize RWAs.
Ondo announced Ondo Chain on Feb. 6 during its inaugural New York summit. Chase Herro, co-founder of the Trump family’s World Liberty Financial, reportedly told the summit that the crypto platform would create a…
https://cryptoinsight.ae/ondo-finance-unveils-layer-1-blockchain-for-institutions-to-tokenize-rwas/
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Real-world asset tokenization platform Ondo Finance said it will launch an institution-focused layer-1 blockchain for Wall Street firms to tokenize RWAs.
Ondo announced Ondo Chain on Feb. 6 during its inaugural New York summit. Chase Herro, co-founder of the Trump family’s World Liberty Financial, reportedly told the summit that the crypto platform would create a…
https://cryptoinsight.ae/ondo-finance-unveils-layer-1-blockchain-for-institutions-to-tokenize-rwas/
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The role of stablecoins and RWAs in DeFi: HTX Ventures report
The 2024 US presidential election was a pivotal moment for the crypto industry that will shape crypto regulation. These developments will create new opportunities and accelerate decentralized finance’s (DeFi’s) integration with traditional finance. A new HTX Ventures report explores how Real-World Assets (RWA), stablecoins and regulatory developments may reshape the DeFi landscape. The report examines…
https://cryptoinsight.ae/the-role-of-stablecoins-and-rwas-in-defi-htx-ventures-report/
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The 2024 US presidential election was a pivotal moment for the crypto industry that will shape crypto regulation. These developments will create new opportunities and accelerate decentralized finance’s (DeFi’s) integration with traditional finance. A new HTX Ventures report explores how Real-World Assets (RWA), stablecoins and regulatory developments may reshape the DeFi landscape. The report examines…
https://cryptoinsight.ae/the-role-of-stablecoins-and-rwas-in-defi-htx-ventures-report/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.24 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $96,085.55 (-1.1%)
Ethereum ~ $2,623.63 (-2.8%)
Solana ~ $190.95 (-0.3%)
Polkadot ~ $4.55 (-0.5%)
Flow ~ $0.477 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.24 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $96,085.55 (-1.1%)
Ethereum ~ $2,623.63 (-2.8%)
Solana ~ $190.95 (-0.3%)
Polkadot ~ $4.55 (-0.5%)
Flow ~ $0.477 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Binance CEO highlights institutional role in driving Bitcoin adoption
Richard Teng, the CEO of crypto exchange Binance, highlighted the importance of institutional investors and evolving regulations for the wider adoption of cryptocurrencies.
The spot Bitcoin exchange-traded funds (ETFs) market in the US raked in $44.2 billion in its first year of operations since Jan. 10, 2024. In January 2025 alone, the Bitcoin ETF market…
https://cryptoinsight.ae/binance-ceo-highlights-institutional-role-in-driving-bitcoin-adoption/
Website | Twitter | LinkedIn | Telegram
Richard Teng, the CEO of crypto exchange Binance, highlighted the importance of institutional investors and evolving regulations for the wider adoption of cryptocurrencies.
The spot Bitcoin exchange-traded funds (ETFs) market in the US raked in $44.2 billion in its first year of operations since Jan. 10, 2024. In January 2025 alone, the Bitcoin ETF market…
https://cryptoinsight.ae/binance-ceo-highlights-institutional-role-in-driving-bitcoin-adoption/
Website | Twitter | LinkedIn | Telegram
SEC seeks more time to mull options on Ethereum ETFs
US regulators said they need more time to decide whether to permit the trading of options tied to Ether exchange-traded funds (ETFs), according to a Feb. 7 regulatory filing.
The filing was a response to Nasdaq ISE’s July request for permission to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA). The US Securities and…
https://cryptoinsight.ae/sec-seeks-more-time-to-mull-options-on-ethereum-etfs/
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US regulators said they need more time to decide whether to permit the trading of options tied to Ether exchange-traded funds (ETFs), according to a Feb. 7 regulatory filing.
The filing was a response to Nasdaq ISE’s July request for permission to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA). The US Securities and…
https://cryptoinsight.ae/sec-seeks-more-time-to-mull-options-on-ethereum-etfs/
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Stablecoins account for 90% of crypto use in Brazil — Central bank chief
Stablecoins dominate cryptocurrency transactions in Brazil, according to Gabriel Galipolo, president of the Central Bank of Brazil.
Speaking at a Bank for International Settlements event in Mexico City, Galipolo said digital asset use in Brazil has surged in the last three years, according to a report by Reuters. Galipolo said 90% of crypto use in…
https://cryptoinsight.ae/stablecoins-account-for-90-of-crypto-use-in-brazil-central-bank-chief/
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Stablecoins dominate cryptocurrency transactions in Brazil, according to Gabriel Galipolo, president of the Central Bank of Brazil.
Speaking at a Bank for International Settlements event in Mexico City, Galipolo said digital asset use in Brazil has surged in the last three years, according to a report by Reuters. Galipolo said 90% of crypto use in…
https://cryptoinsight.ae/stablecoins-account-for-90-of-crypto-use-in-brazil-central-bank-chief/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.3 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $96,909.85 (0.8%)
Ethereum ~ $2,653.94 (1.1%)
Solana ~ $204.63 (7.0%)
Polkadot ~ $4.73 (3.9%)
Flow ~ $0.5046 (5.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.3 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $96,909.85 (0.8%)
Ethereum ~ $2,653.94 (1.1%)
Solana ~ $204.63 (7.0%)
Polkadot ~ $4.73 (3.9%)
Flow ~ $0.5046 (5.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Onchain real-world assets gain traction amid Bitcoin market uncertainty
Real-world assets (RWAs) are gaining traction as investors seek stable, yield-generating alternatives amid Bitcoin’s recent price stagnation and global market uncertainties.
RWA tokenization refers to financial products and tangible assets like real estate and fine art minted on the blockchain, increasing investor accessibility and trading opportunities of these assets.
Bitcoin fell below the $100,000 psychological…
https://cryptoinsight.ae/onchain-real-world-assets-gain-traction-amid-bitcoin-market-uncertainty/
Website | Twitter | LinkedIn | Telegram
Real-world assets (RWAs) are gaining traction as investors seek stable, yield-generating alternatives amid Bitcoin’s recent price stagnation and global market uncertainties.
RWA tokenization refers to financial products and tangible assets like real estate and fine art minted on the blockchain, increasing investor accessibility and trading opportunities of these assets.
Bitcoin fell below the $100,000 psychological…
https://cryptoinsight.ae/onchain-real-world-assets-gain-traction-amid-bitcoin-market-uncertainty/
Website | Twitter | LinkedIn | Telegram
Coinbase’s $420B AUM exceeds 21st largest US bank — Armstrong
Coinbase’s assets under management (AUM) make the cryptocurrency exchange worth more than the 21st largest bank in the United States, showcasing the continued growth of the crypto industry.
Coinbase, the world’s third-largest centralized cryptocurrency exchange (CEX) by trading volume, is holding over $420 billion worth of digital assets on behalf of its users.
The $420…
https://cryptoinsight.ae/coinbases-420b-aum-exceeds-21st-largest-us-bank-armstrong/
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Coinbase’s assets under management (AUM) make the cryptocurrency exchange worth more than the 21st largest bank in the United States, showcasing the continued growth of the crypto industry.
Coinbase, the world’s third-largest centralized cryptocurrency exchange (CEX) by trading volume, is holding over $420 billion worth of digital assets on behalf of its users.
The $420…
https://cryptoinsight.ae/coinbases-420b-aum-exceeds-21st-largest-us-bank-armstrong/
Website | Twitter | LinkedIn | Telegram
Quantum computing will bring lost Bitcoin ‘back in circulation’ — Tether CEO
Tether CEO Paolo Ardoino predicts that quantum computing will eventually hack inactive Bitcoin wallets, returning the Bitcoin in those wallets to circulation.
However, he says this is still a long way off.
“Any Bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,” Ardoino said in a Feb.…
https://cryptoinsight.ae/quantum-computing-will-bring-lost-bitcoin-back-in-circulation-tether-ceo/
Website | Twitter | LinkedIn | Telegram
Tether CEO Paolo Ardoino predicts that quantum computing will eventually hack inactive Bitcoin wallets, returning the Bitcoin in those wallets to circulation.
However, he says this is still a long way off.
“Any Bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,” Ardoino said in a Feb.…
https://cryptoinsight.ae/quantum-computing-will-bring-lost-bitcoin-back-in-circulation-tether-ceo/
Website | Twitter | LinkedIn | Telegram