The first regulator in the MENA region greenlights Binance, as the crypto exchange registers in Canada ~ CEOM Coin

CryptoSlate Newsletter

Happy Monday everyone!

The global crypto market cap is $2.44 trillion with a 24-hour volume of $79.92 billion. The price of Bitcoin is $51,818.17 and the BTC dominance is at 40.2%. The best performing cryptoasset sector is Cybersecurity, which gained 14%.

The first regulator in the MENA region greenlights Binance, as the crypto exchange registers in Canada

Binance recently announced receiving in-principle approval to establish itself as a crypto service provider in the Kingdom of Bahrain. The in-principle approval comes after the world's leading crypto exchange by daily trading volume applied for a license from the Central Bank of Bahrain (CBB).

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Novogratz disses Litecoin on CNBC, does he have a point?

The billionaire founder of Galaxy Digital, Mike Novogratz, disrespects Litecoin on CNBC.

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Will decentralized storage protocols overtake the cloud storage market?

According to IDC's "Global Enterprise Infrastructure Quarterly Tracker: Buyer and Cloud Deployment" report, the global cloud storage market is expected to reach more than $100 billion in size between 2020 and 2025.

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XBE amplifies Convex & Curve for greater rewards

The XBE Hive simplifies yield for Decentralised, Institutional, and Retail Finance users by increasing rewards for the $20 billion or more in liquidity presently deployed in top decentralized finance protocols such as Curve and Convex.

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Should investors care? 80% of all NFTs belong to 17% of addresses

In October cryptocurrency analytics company Moonstream released data about the real state of the NFT market, reporting that from April through nearly the end of September 16.71% of all NFT holders on Ethereum owned 80.98% of all NFTs.

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