The UAE's Crypto Adoption Could Take a Big Step Forward with Open Banking

The UAE’s Crypto Adoption Could Take a Big Step Forward with Open Banking

In response to what Dubai and Abu Dhabi’s virtual asset and cryptocurrency regulatory authorities said, crypto firms from around the world have jumped into the Middle East’s fast-growing crypto market. According to ChainAnalysis, the Middle East has become one of the fastest-growing crypto marketplaces in the world, accounting for 7% of worldwide trade volumes. According to a recent poll, 33% …

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Bitcoin

Bitcoin Attempts Fresh Increase, Why 100 SMA Is The Key

Bitcoin fund support near $29,350 and recovered higher against the US Dollar. BTC must clear the $31,000 resistance and the 100 hourly SMA to continue higher. Bitcoin started a recovery wave from the $29,350 zone. The price is now trading below the $31,000 level and the 100 hourly simple moving average. There is a major bearish trend line forming with …

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Cointelegraph Magazine

Scott Melker on defying the odds with crypto trading – Cointelegraph Magazine

Scott Melker, better known as The Wolf of All Streets, is a trader and crypto advocate who is far more approachable than his online handle might suggest. A former DJ, Melker operates a small crypto advocacy empire spanning YouTube videos, podcasts and a popular newsletter.Scott Melker is open about his initial intentions in the crypto industry. “I simply came to …

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Bitcoin

Bitcoin Clears $30K, Why This Could Mean Trend Change

Bitcoin started a fresh increase and surpassed $30,000 against the US Dollar. BTC is showing positive signs and might rally further if it clears $30,600. Bitcoin is gaining pace above the $29,500 and $30,000 resistance levels. The price is now trading above the $29,500 level and the 100 hourly simple moving average. There was a break above a major bearish …

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Cointelegraph Magazine

6 Questions for Andrew Levine of Koinos Group – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is focused on accelerating the transition to a more decentralized future by helping entrepreneurial developers, entrepreneurs and enterprises …

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Ethereum

Ethereum Dives 10%, Why ETH Might Test $1,500

Ethereum extended decline below the $1,820 support against the US Dollar. ETH tested $1,730 and remains at a risk of more downsides in the near term. Ethereum gained bearish momentum and declined below $1,820. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,910 …

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Cointelegraph Magazine

Powers On… When will we learn from recent history to protect our crypto and ourselves? – Cointelegraph Magazine

Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of the dollar in terms of value and stability, and that if you want to convert your stablecoin to dollars, you can do so easily and instantaneously. Yet, they do no …

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