Crypto market cap hits all-time high above $3 trillion

    Major cryptocurrencies rose on Monday, hitting their highest levels in three weeks, while the global cryptocurrency market cap crossed the $3 trillion mark, according to CoinGecko. Cryptocurrencies are gaining confidence as mainstream investors are increasingly adopting crypto assets, pushing the global cryptocurrency market to more than $3 trillion, said CoinGecko, which tracks prices of more…

    NexChange CEO: Blockchain has already revolutionized the financial industry
    10 Nov 2021
    426 Views

    In an interview with Gulf Business, Juwan Lee, chairman and group CEO of NexChange Group, shared his insights on the current market trends and how blockchain technology will revolutionize the financial sector in the Middle East. Speaking regarding the ongoing hype around blockchain technology, Juwan Lee mentioned the fact that the world is moving from…

    Crypto Trends Weekly Oct. 30 – Nov. 5
    09 Nov 2021
    429 Views

    Breaking crypto news from the last week (Oct. 30 – Nov. 5, 2021): 30 Oct.: Celebrity investor Kevin O’Leary claimed that sovereign funds in Saudi Arabia and the UAE represent the “real opportunity” for transforming the crypto marketplace, speaking in a recent interview with Anthony Pompliano on The Best Business Show. 31 Oct.: Little-known cryptocurrency…

    Dubai expects more than 1000 crypto businesses by 2022
    09 Nov 2021
    658 Views

    Dubai expects more than 1,000 cryptocurrency businesses to be operational by 2022, said the chief of the Dubai Blockchain Centre at Gitex Global in Dubai. A growing number of institutional investors and wealth managers plan to increase their exposure to crypto-assets between now and 2023, which accelerates efforts to boost its digital economy. Free zones…

    BitOasis: Simplifying cryptocurrencies by building trust and awareness
    08 Nov 2021
    539 Views

    Gulf Crypto Insight exclusive BitOasis is a Dubai-based cryptocurrency exchange platform. Created back in 2015, it is perhaps the oldest crypto company in the region. Today it allows traders and investors to buy and sell digital currencies such as bitcoin, ethereum, and others against fiat currencies and other virtual assets. Earlier this year, BitOasis’s ADGM…

    DEX: big things to come
    07 Nov 2021
    591 Views

    Decentralized crypto exchanges received a powerful impetus for development amid the crackdown on cryptocurrencies in China and the overall growth of the DeFi sector. Now the main goal for them is to survive the increased attention from hackers and government regulators. Which of those is worse remains to be seen. In the wake of the…