Tether plans to launch dirham stablecoin with UAE partners
Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.
Related Posts
Whales can now use Bitcoin to purchase private jets
One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin.According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly 3,750…
DeFi DApps activity rises 3.7% in August for first time since May — Report
Despite a slight recovery, DeFi TLV has lost $250 billion this year. 191 Total views 11 Total shares DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the…
Almost half of Germans to invest in crypto: Report
The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland. Notably, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of ‘the future of finance’”; while over a third, “37% of German crypto…
What is Gods Unchained, and how to play it
The game-changing possibilities that blockchain spurs through immutability, tokenization and decentralization are immense. The technology has significantly expanded the scope of traditional trading and collectible card games by democratizing the ideals of ownership, scarcity, interoperability, transparency and play-to-earn (P2E). The excitement factor of trading card games (TCG) — previously confined to school lunch tables and enthusiast…
Bitcoin price hit 2023 high, so why are retail traders waiting on the sidelines?
The total market capitalization of the cryptocurrency market surged past $1.55 trillion on Dec. 5, driven by remarkable weekly gains of 14.5% for Bitcoin (BTC) and 11% for Ether (ETH). Notably, this milestone, marking the highest level in 19 months, propelled Bitcoin to become the world's ninth-largest tradable asset, surpassing Meta's $814 billion capitalization.Despite the
Floor price of popular NFT collections collapse due to bear market
Not even popular art collectibles could survive the wrath of the market downturn. 146 Total views 30 Total shares It appears there is no respite anywhere in the crypto realm in the face of Monday's extraordinary market sell-off. Based on data from NFT Price Floor, the floor prices for Bored Ape Yacht Club (BAYC) and…
New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies
Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts.In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 10, Fidelity Digital Assets, the firm’s crypto subsidiary, drew a line between Bitcoin and other currencies.Report: Bitcoin "does not correspond to another person’s liability" While hardly…
New US inflation data triggers Bitcoin community reactions
As the U.S. inflation data dropped, individuals in the crypto space shared their quotes, jokes and excitement while raising the Bitcoin banner. 1499 Total views 20 Total shares The recent news on U.S. dollar inflation spurred a series of reactions from the crypto community, noting that the event should push people toward Bitcoin (BTC). Comments…