Biggest red weekly candle ever: 5 things to know in Bitcoin this week
Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer.
Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle.
CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble.
How…
https://cryptoinsight.ae/biggest-red-weekly-candle-ever-5-things-to-know-in-bitcoin-this-week/
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Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer.
Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle.
CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble.
How…
https://cryptoinsight.ae/biggest-red-weekly-candle-ever-5-things-to-know-in-bitcoin-this-week/
Website | Twitter | LinkedIn | Telegram
Investors flee from risk assets as JPMorgan ups recession odds to 40%
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns.
Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk…
https://cryptoinsight.ae/investors-flee-from-risk-assets-as-jpmorgan-ups-recession-odds-to-40/
Website | Twitter | LinkedIn | Telegram
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns.
Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk…
https://cryptoinsight.ae/investors-flee-from-risk-assets-as-jpmorgan-ups-recession-odds-to-40/
Website | Twitter | LinkedIn | Telegram
BBVA gets regulatory nod to offer Bitcoin and Ether trading in Spain
Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin and Ether trading services to its customers.
Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital assets through…
https://cryptoinsight.ae/bbva-gets-regulatory-nod-to-offer-bitcoin-and-ether-trading-in-spain/
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Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin and Ether trading services to its customers.
Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital assets through…
https://cryptoinsight.ae/bbva-gets-regulatory-nod-to-offer-bitcoin-and-ether-trading-in-spain/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.73 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $81,564.74 (1.4%)
Ethereum ~ $1,868.85 (-1.6%)
Solana ~ $121.80 (-1.5%)
Polkadot ~ $3.95 (-0.5%)
Flow ~ $0.3844 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.73 Trillion, a -0.7% change in the last 24 hours
Bitcoin ~ $81,564.74 (1.4%)
Ethereum ~ $1,868.85 (-1.6%)
Solana ~ $121.80 (-1.5%)
Polkadot ~ $3.95 (-0.5%)
Flow ~ $0.3844 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Five reasons RWAs are taking off in 2025
Real-world asset (RWA) tokenization is a rising use case of blockchain technology, influencing both traditional finance (TradFi) and its decentralized counterpart — DeFi. Tokenizing traditional assets can unlock undiscovered business potential, enhance liquidity and accessibility and serve as the nexus between the two iterations of finance.
According to industry trackers, the total value of tokenized…
https://cryptoinsight.ae/five-reasons-rwas-are-taking-off-in-2025/
Website | Twitter | LinkedIn | Telegram
Real-world asset (RWA) tokenization is a rising use case of blockchain technology, influencing both traditional finance (TradFi) and its decentralized counterpart — DeFi. Tokenizing traditional assets can unlock undiscovered business potential, enhance liquidity and accessibility and serve as the nexus between the two iterations of finance.
According to industry trackers, the total value of tokenized…
https://cryptoinsight.ae/five-reasons-rwas-are-taking-off-in-2025/
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Automated trading bot brings advanced strategies to DEX
goodcryptoX introduces onchain DCA trading to DEXs with a new automated trading bot, bringing advanced CEX-like strategies to DeFi without compromising security.
Decentralized exchanges (DEXs) with automated market makers (AMMs) have historically provided just one core feature: coin swaps. As a result of the necessity to sign each transaction individually, these DEXs operated much like…
https://cryptoinsight.ae/automated-trading-bot-brings-advanced-strategies-to-dex/
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goodcryptoX introduces onchain DCA trading to DEXs with a new automated trading bot, bringing advanced CEX-like strategies to DeFi without compromising security.
Decentralized exchanges (DEXs) with automated market makers (AMMs) have historically provided just one core feature: coin swaps. As a result of the necessity to sign each transaction individually, these DEXs operated much like…
https://cryptoinsight.ae/automated-trading-bot-brings-advanced-strategies-to-dex/
Website | Twitter | LinkedIn | Telegram
Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, explained
A quick history of Trump’s statements and policies on crypto
Donald Trump’s stance on cryptocurrency has shifted significantly over time. From 2019 to 2021, Trump expressed skepticism toward Bitcoin, calling it volatile and a threat to the US dollar, but by 2024, he reversed his stance, pledging support for crypto, proposing a US Strategic Bitcoin…
https://cryptoinsight.ae/trumps-strategic-bitcoin-reserve-and-digital-asset-stockpile-explained/
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A quick history of Trump’s statements and policies on crypto
Donald Trump’s stance on cryptocurrency has shifted significantly over time. From 2019 to 2021, Trump expressed skepticism toward Bitcoin, calling it volatile and a threat to the US dollar, but by 2024, he reversed his stance, pledging support for crypto, proposing a US Strategic Bitcoin…
https://cryptoinsight.ae/trumps-strategic-bitcoin-reserve-and-digital-asset-stockpile-explained/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.73 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $82,957.16 (1.7%)
Ethereum ~ $1,863.39 (-0.3%)
Solana ~ $123.37 (1.2%)
Polkadot ~ $3.92 (-1.0%)
Flow ~ $0.3918 (1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.73 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $82,957.16 (1.7%)
Ethereum ~ $1,863.39 (-0.3%)
Solana ~ $123.37 (1.2%)
Polkadot ~ $3.92 (-1.0%)
Flow ~ $0.3918 (1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Abu Dhabi’s MGX backs Binance with $2B stablecoin investment
Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history.
In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins.
Binance declined…
https://cryptoinsight.ae/abu-dhabis-mgx-backs-binance-with-2b-stablecoin-investment/
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Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history.
In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins.
Binance declined…
https://cryptoinsight.ae/abu-dhabis-mgx-backs-binance-with-2b-stablecoin-investment/
Website | Twitter | LinkedIn | Telegram
Ripple secures Dubai license to offer crypto payments in UAE
Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).
The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…
https://cryptoinsight.ae/ripple-secures-dubai-license-to-offer-crypto-payments-in-uae/
Website | Twitter | LinkedIn | Telegram
Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).
The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…
https://cryptoinsight.ae/ripple-secures-dubai-license-to-offer-crypto-payments-in-uae/
Website | Twitter | LinkedIn | Telegram
Bank of Russia proposes to allow crypto purchases by select investors
The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.
On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin.
“In accordance with the instructions of the President of Russia, the Bank…
https://cryptoinsight.ae/bank-of-russia-proposes-to-allow-crypto-purchases-by-select-investors/
Website | Twitter | LinkedIn | Telegram
The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.
On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin.
“In accordance with the instructions of the President of Russia, the Bank…
https://cryptoinsight.ae/bank-of-russia-proposes-to-allow-crypto-purchases-by-select-investors/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.77 Trillion, a -2.5% change in the last 24 hours
Bitcoin ~ $81,962.59 (-1.1%)
Ethereum ~ $1,890.92 (1.6%)
Solana ~ $124.67 (1.1%)
Polkadot ~ $4.02 (2.7%)
Flow ~ $0.3965 (1.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.77 Trillion, a -2.5% change in the last 24 hours
Bitcoin ~ $81,962.59 (-1.1%)
Ethereum ~ $1,890.92 (1.6%)
Solana ~ $124.67 (1.1%)
Polkadot ~ $4.02 (2.7%)
Flow ~ $0.3965 (1.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ripple secures Dubai license to offer crypto payments in UAE
Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).
The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…
https://cryptoinsight.ae/ripple-secures-dubai-license-to-offer-crypto-payments-in-uae-2/
Website | Twitter | LinkedIn | Telegram
Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).
The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…
https://cryptoinsight.ae/ripple-secures-dubai-license-to-offer-crypto-payments-in-uae-2/
Website | Twitter | LinkedIn | Telegram
Turkey tightens crypto regulations with new rules for exchanges, custodians
Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs).
On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers.
The framework grants the CMB full oversight of crypto platforms, ensuring compliance with…
https://cryptoinsight.ae/turkey-tightens-crypto-regulations-with-new-rules-for-exchanges-custodians/
Website | Twitter | LinkedIn | Telegram
Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs).
On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers.
The framework grants the CMB full oversight of crypto platforms, ensuring compliance with…
https://cryptoinsight.ae/turkey-tightens-crypto-regulations-with-new-rules-for-exchanges-custodians/
Website | Twitter | LinkedIn | Telegram
Banks push to block stablecoin legislation over market share fears
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share.
According to an article from American Banker, the bill requires 60 votes to pass in the Senate, meaning that at…
https://cryptoinsight.ae/banks-push-to-block-stablecoin-legislation-over-market-share-fears/
Website | Twitter | LinkedIn | Telegram
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share.
According to an article from American Banker, the bill requires 60 votes to pass in the Senate, meaning that at…
https://cryptoinsight.ae/banks-push-to-block-stablecoin-legislation-over-market-share-fears/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.85 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $84,296.92 (2.9%)
Ethereum ~ $1,928.90 (2.1%)
Solana ~ $133.73 (7.4%)
Polkadot ~ $4.29 (6.8%)
Flow ~ $0.4051 (2.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.85 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $84,296.92 (2.9%)
Ethereum ~ $1,928.90 (2.1%)
Solana ~ $133.73 (7.4%)
Polkadot ~ $4.29 (6.8%)
Flow ~ $0.4051 (2.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hong Kong fintech sector sees 250% blockchain growth since 2022
Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.
Hong Kong is home to over 1,100 fintech companies. This includes 175 blockchain application or software firms and 111 digital asset and cryptocurrency companies, which marked…
https://cryptoinsight.ae/hong-kong-fintech-sector-sees-250-blockchain-growth-since-2022/
Website | Twitter | LinkedIn | Telegram
Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.
Hong Kong is home to over 1,100 fintech companies. This includes 175 blockchain application or software firms and 111 digital asset and cryptocurrency companies, which marked…
https://cryptoinsight.ae/hong-kong-fintech-sector-sees-250-blockchain-growth-since-2022/
Website | Twitter | LinkedIn | Telegram
Argentina finalizes rules for virtual asset providers
Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.
The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058.
According to a…
https://cryptoinsight.ae/argentina-finalizes-rules-for-virtual-asset-providers/
Website | Twitter | LinkedIn | Telegram
Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.
The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058.
According to a…
https://cryptoinsight.ae/argentina-finalizes-rules-for-virtual-asset-providers/
Website | Twitter | LinkedIn | Telegram
REX launches Bitcoin Corporate Treasury Convertible Bond ETF
REX Shares, an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM), launched its Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF that invests in the convertible bonds of companies with a BTC corporate reserve strategy.
According to the March 14 announcement, the ETF will purchase the convertible notes of companies such…
https://cryptoinsight.ae/rex-launches-bitcoin-corporate-treasury-convertible-bond-etf/
Website | Twitter | LinkedIn | Telegram
REX Shares, an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM), launched its Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF that invests in the convertible bonds of companies with a BTC corporate reserve strategy.
According to the March 14 announcement, the ETF will purchase the convertible notes of companies such…
https://cryptoinsight.ae/rex-launches-bitcoin-corporate-treasury-convertible-bond-etf/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.86 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $84,347.55 (0.1%)
Ethereum ~ $1,930.35 (0.1%)
Solana ~ $135.32 (1.2%)
Polkadot ~ $4.33 (1.0%)
Flow ~ $0.4138 (2.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.86 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $84,347.55 (0.1%)
Ethereum ~ $1,930.35 (0.1%)
Solana ~ $135.32 (1.2%)
Polkadot ~ $4.33 (1.0%)
Flow ~ $0.4138 (2.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram