Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Dubai
Binance Secures VASP License in Dubai
The post Binance Secures VASP License in Dubai appeared first on Coinpedia Fintech News Binance’s relation with controversy is not new and despite that the firm is dedicated towards their expansion goals. After much anticipation, Binance has finally secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), leading to a significant shift for its UAE users. Binance’s Strategic Move in UAE Binance announced that by December 15, 2024, all UAE resident accounts will migrate…
12 months ago
XRP Holds Steady Despite Ripple’s Fight with SEC as Battle Heats Up; Dubai Approval Boosts Global Use
XRP price continues its bearish run as analysts predict a potential fall below the $0.45 support level. The ongoing trend is reportedly triggered by the uncertainties surrounding the Ripple vs SEC court case and a recent statement by SEC’s chair Gary Gensler. XRP reversed a 1.19% loss on Tuesday (June 26) after making a mini move of 0.44% surge to end the day at $0.4761. However, the asset continues a bearish trend as it hovers below the 50-day and 200-day…
12 months ago
Andrew Tate To Box Ansem In Dubai Over $10M Crypto Bet
The post Andrew Tate To Box Ansem In Dubai Over $10M Crypto Bet appeared first on Coinpedia Fintech News Andrew Tate has captured the crypto community’s attention with a $10 million crypto bet on X. Tate declared that the current cycle is his and challenged ‘Crypto Twitter’ influencer, Ansem for a boxing match. He added that he would fight with one hand and declared that the Loser would donate 10 million to a coin of the winner’s choice. Although it…
12 months ago
World Blockchain Summit: Pioneering Insights and Strategic Partnerships Ignite in Dubai
[PRESS RELEASE – Dubai, United Arab Emirates, May 9th, 2024] Building on the momentum from a successful first day of the World Blockchain Summit (#WBS), organized by Trescon, Day 2 concluded with thought-provoking discussions, cutting-edge innovations, and actionable insights at the JW Marriott Hotel Marina in Dubai. Held on April 22nd and 23rd, the event gathered leading industry experts, blockchain innovators, government stakeholders, and investors, collectively spotlighting the practical applications of next-generation blockchain solutions. The World Blockchain Summit outdid expectations…
1 year ago
BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024
[PRESs RELEASE – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960, MH 96960, April 26th, 2024] A Glittering Moment: BloFin Shines at TOKEN2049 BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and…
1 year ago
Tether CEO Explains Why Bitcoin Is the Most Beautiful Currency in the World (Token2049 Dubai Interview)
In a recent interview with CryptoPotato during the 2024 Token2049 Dubai Conference, Tether’s CEO, Paolo Ardoino, spoke about AI, the Bitcoin halving, the recently-launched ETFs, USDT’s market share, and much more. Ardoino, who is also the CTO of BitFinex, believes stablecoins, such as USDT, are made for the unbanked and not for developed countries like the US. Bitcoin ETF/Halving Impact The interview was conducted mere hours before the fourth halving took place (which was in the early hours of April…
1 year ago
MANTRA Partners with Virtuzone to Launch Incubator in Dubai World Trade Center
MANTRA, in collaborative efforts with Virtuzone, has announced the launch of its new incubator program located in the Dubai World Trade Center. The incubator aims to innovate the real-world asset (RWA) tokenization sector, backed by Shorooq Partners’ $11 million investment. The Incubator Program The incubator program is set to support five meticulously hand-picked projects and give each a $100,000 seed investment, provided by John Patrick Mullin, MANTRA’s CEO. The investment into each of these projects will provide everything from strategic…
1 year ago
MANTRA Launches Incubator in Dubai World Trade Center
[PRESS RELEASE – Dubai, UAE, April 16th, 2024] MANTRA is announcing the launch of its new incubation program at the Dubai World Trade Center (DWTC), following an $11 million funding round led by Shorooq Partners. This program is part of MANTRA’s effort to contribute to the Real World Asset (RWA) tokenization sector, with a focus on the MENA region. Established in partnership with the leading corporate service provider in the United Arab Emirates, Virtuzone, the MANTRA Incubator program is designed…
1 year ago
Dubai Gears Up for The 29th World Blockchain Summit, Co-Hosted by SUN Minimeal
[PRESS RELEASE – Dubai, United Arab Emirates, April 12th, 2024] WBS, an event by Trescon, is uniting the top web3 minds that are affirming the region’s pivotal role in blockchain and crypto. Trescon invites all to the WBS event and to purchase passes here #WBSDubai, a distinguished blockchain event with a global legacy, is set for April 22nd-23rd. This summit, awaited by enthusiasts and professionals, is co-hosted with SUN Minimeal. Beyond its leadership in nutritional innovation, SUN Minimeal ventures into…
1 year ago