A substantial portion of UAE residents own digital currencies, a new study has found. Conducted by Henley and Partners, the study ranked the Emirates third globally in terms of crypto adoption. The country has been ranked higher than the US, UK, Australia, Canada, Switzerland, New Zealand, Austria, Italy and others in terms of adoption of […]
Dubai’s “Blockchain Revolution Night,” hosted by LBank and CRYN Coin, ignited excitement with blockchain and philanthropy leaders uniting. Dubai, August 23, 2024 – The vibrant city of Dubai was abuzz with excitement as blockchain enthusiasts, investors, and industry professionals came together for the highly anticipated “Blockchain Revolution Night: The Digitalization of Philanthropy.” This landmark event, hosted
LBank and CRYN Coin illuminate Dubai with blockchain revolution night Read More »
Key Points The population of crypto millionaires in the world soared 95% over the past year, as bitcoin ETFs and other crypto assets climbed, according to a new report. There are now 172,300 individuals worldwide holding more than $1 million in crypto assets, according to a report from New World Wealth and Henley & Partners.
Bitcoin rally helps create more than 84,000 new crypto billionaires in a year Read More »
Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal regarding interest rate cuts. Bitcoin spiked through $62,000 after the Aug. 23 Wall Street open as the United States Federal Reserve announced the first interest rate cuts since 2019. BTC/USD 1-hour chart. Source: TradingView BTC price volatile as Fed’s
Bitcoin price taps $62K sell wall as analyst sees ’up only’ for crypto Read More »
Key Findings In 2024, crypto corporations have poured over $119 million directly into influencing federal elections, primarily into a non-partisan super PAC dedicated to electing pro-crypto candidates and defeating crypto skeptics. Crypto corporations are by far the dominant corporate political spenders in 2024 as nearly half (48%) of all corporate money contributed during this year’s elections ($248
A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months. “I don’t think it is going back up to 70%, my target for Bitcoin dominance has been 60%,” Into The Cryptoverse founder Benjamin Cowen explained in
Crypto analyst doubts Bitcoin dominance is ‘going back up’ to 70% again Read More »
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024, contrasts with a 2023 decision where a similar claim was rejected due
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Former President Donald Trump, who built his billion-dollar fortune in the brick-and-mortar world of real estate, is getting a financial boost from digital assets including cryptocurrencies and non-fungible tokens, or NFTs, a new financial disclosure form shows. Trump, whose net worth Forbes estimates at $4.5 billion, disclosed he earned $7.2 million in an NFT licensing deal, while
Trump’s public positions on crypto have shifted since he first took office, when he said the digital currency was a scam. Former President Donald Trump at the National Association of Black Journalists’ annual convention in Chicago on July 31.Kamil Krzaczynski / AFP – Getty Images file Former President Donald Trump owns more than $1 million
Bettors at one point gave an over 60 percent chance of Trump mentioning digital assets during the interview An interview between Elon Musk and Republican presidential candidate Donald Trump attracted over 1 million listeners on X. Crypto was not mentioned during the two-hour long event. Former President Donald Trump did not mention bitcoin (BTC) or crypto
Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space Read More »