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
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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
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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/
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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/
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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
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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/
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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/
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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/
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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/
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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
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.29 Trillion, a -2.0% change in the last 24 hours
Bitcoin ~ $96,977.93 (0.2%)
Ethereum ~ $2,633.44 (-0.7%)
Solana ~ $202.29 (-1.1%)
Polkadot ~ $4.79 (1.1%)
Flow ~ $0.4998 (-0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.29 Trillion, a -2.0% change in the last 24 hours
Bitcoin ~ $96,977.93 (0.2%)
Ethereum ~ $2,633.44 (-0.7%)
Solana ~ $202.29 (-1.1%)
Polkadot ~ $4.79 (1.1%)
Flow ~ $0.4998 (-0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin stumbles as Trump announces 25% steel and aluminum tariffs
Crypto markets stumbled as US President Donald Trump announced tariffs on aluminum and steel — the latest salvo in an escalating US trade war.
Trump said that any “steel coming into the United States” and aluminum will be hit with a 25% tariff, according to a Feb. 9 report by the Associated Press.
He also…
https://cryptoinsight.ae/bitcoin-stumbles-as-trump-announces-25-steel-and-aluminum-tariffs/
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Crypto markets stumbled as US President Donald Trump announced tariffs on aluminum and steel — the latest salvo in an escalating US trade war.
Trump said that any “steel coming into the United States” and aluminum will be hit with a 25% tariff, according to a Feb. 9 report by the Associated Press.
He also…
https://cryptoinsight.ae/bitcoin-stumbles-as-trump-announces-25-steel-and-aluminum-tariffs/
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Current chain abstraction methods are fragmenting crypto — Web3 exec
Anurag Arjun, co-founder of Avail — a unified chain abstraction solution — and the Polygon layer-2 scaling solution, told Cointelegraph that most current chain abstraction techniques create even more fragmentation of the crypto ecosystem.
The tech founder said that each distinct blockchain base layer features its own set of security assumptions, making interoperability between chains…
https://cryptoinsight.ae/current-chain-abstraction-methods-are-fragmenting-crypto-web3-exec/
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Anurag Arjun, co-founder of Avail — a unified chain abstraction solution — and the Polygon layer-2 scaling solution, told Cointelegraph that most current chain abstraction techniques create even more fragmentation of the crypto ecosystem.
The tech founder said that each distinct blockchain base layer features its own set of security assumptions, making interoperability between chains…
https://cryptoinsight.ae/current-chain-abstraction-methods-are-fragmenting-crypto-web3-exec/
Website | Twitter | LinkedIn | Telegram
What is Tether (USDt), and how does it work?
What is Tether (USDt)?
Tether’s USDt is a stablecoin, a type of cryptocurrency whose value is pegged to a real-world asset.
Unlike many cryptocurrencies known for their price swings, Tether’s USDt is designed to maintain a consistent price tied to the US dollar. This price stability makes Tether an appealing option for investors who want…
https://cryptoinsight.ae/what-is-tether-usdt-and-how-does-it-work/
Website | Twitter | LinkedIn | Telegram
What is Tether (USDt)?
Tether’s USDt is a stablecoin, a type of cryptocurrency whose value is pegged to a real-world asset.
Unlike many cryptocurrencies known for their price swings, Tether’s USDt is designed to maintain a consistent price tied to the US dollar. This price stability makes Tether an appealing option for investors who want…
https://cryptoinsight.ae/what-is-tether-usdt-and-how-does-it-work/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $3.36 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $98,217.92 (1.3%)
Ethereum ~ $2,706.40 (2.8%)
Solana ~ $204.47 (1.1%)
Polkadot ~ $5.17 (8.0%)
Flow ~ $0.5304 (6.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $3.36 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $98,217.92 (1.3%)
Ethereum ~ $2,706.40 (2.8%)
Solana ~ $204.47 (1.1%)
Polkadot ~ $5.17 (8.0%)
Flow ~ $0.5304 (6.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Grayscale, NYSE Arca file to launch US-based spot Cardano ETF
NYSE Arca, a subsidiary of the NYSE Group, has filed on behalf of crypto asset manager Grayscale to launch a spot Cardano exchange-traded fund (ETF).
In a Feb. 10 proposed rule change filing to the SEC, NYSE Arca proposed that the stock exchange list and trade shares of a new Grayscale Cardano Trust.
If approved,…
https://cryptoinsight.ae/grayscale-nyse-arca-file-to-launch-us-based-spot-cardano-etf/
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NYSE Arca, a subsidiary of the NYSE Group, has filed on behalf of crypto asset manager Grayscale to launch a spot Cardano exchange-traded fund (ETF).
In a Feb. 10 proposed rule change filing to the SEC, NYSE Arca proposed that the stock exchange list and trade shares of a new Grayscale Cardano Trust.
If approved,…
https://cryptoinsight.ae/grayscale-nyse-arca-file-to-launch-us-based-spot-cardano-etf/
Website | Twitter | LinkedIn | Telegram
Ethereum fees dip below $1M for the first since September 2024
Daily transaction fees on the Ethereum network have fallen to their lowest level since September 2024, according to data from Token Terminal.
Ethereum generated $731,472 in daily fees on Feb. 8, marking the first time in five months that daily revenue dropped below $1 million. The network experienced a similar slump from Aug. 17 to…
https://cryptoinsight.ae/ethereum-fees-dip-below-1m-for-the-first-since-september-2024/
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Daily transaction fees on the Ethereum network have fallen to their lowest level since September 2024, according to data from Token Terminal.
Ethereum generated $731,472 in daily fees on Feb. 8, marking the first time in five months that daily revenue dropped below $1 million. The network experienced a similar slump from Aug. 17 to…
https://cryptoinsight.ae/ethereum-fees-dip-below-1m-for-the-first-since-september-2024/
Website | Twitter | LinkedIn | Telegram
Web3-focused campaign aims to catapult DePIN into mainstream
To drive real-world adoption of DePIN, layer-1 blockchain peaq launched the Get Real campaign, which rewards users for contributing to real-world DApps.
The decentralized physical infrastructure network (DePIN) sector experienced significant growth in 2024, with its market capitalization surging 132% to surpass $40 billion. The rise is fueled by DePIN’s ability to generate tangible value…
https://cryptoinsight.ae/web3-focused-campaign-aims-to-catapult-depin-into-mainstream/
Website | Twitter | LinkedIn | Telegram
To drive real-world adoption of DePIN, layer-1 blockchain peaq launched the Get Real campaign, which rewards users for contributing to real-world DApps.
The decentralized physical infrastructure network (DePIN) sector experienced significant growth in 2024, with its market capitalization surging 132% to surpass $40 billion. The rise is fueled by DePIN’s ability to generate tangible value…
https://cryptoinsight.ae/web3-focused-campaign-aims-to-catapult-depin-into-mainstream/
Website | Twitter | LinkedIn | Telegram