The Trescon World Blockchain Summit was held in Dubai to discuss blockchain and cryptocurrency. The conference was composed of a prominent lineup of different speakers from the crypto sector. OMAR C, the CEO of ZB and one of the speakers in this Trescon WBS event, expressed optimistic thoughts about the future of Bitcoin. For two…
Bitcoin surged above $60,000 for the first time in six months on Friday, pushing the digital coin further toward its all-time high, as traders speculated US regulators would approve the launch of the first Bitcoin futures exchange-traded fund (ETF). The world’s biggest cryptocurrency rose 6% to its highest level since Apr. 17 at $61,488.41, according…
David Yermack, a finance professor at New York University, taught cryptocurrency at NYU and was a visiting scholar at the Federal Reserve Banks of New York and Philadelphia. Now, he wants to share the three things every new crypto investor should know, MarketWatch reads. Here are his thoughts regarding crypto trading: At first, prepare yourself…
While cryptocurrency adoption in the Middle East is reaching an all-time high, experiencing a 400% growth between 2013 and 2016, industry experts shared their insights on digital assets and the future of finance in a panel session moderated by Arabian Business’s editor-in-chief Scott Armstrong. Since 2015, the AIM Summit has become a platform for discussions…
– CV VC invests in blockchain start-ups across Europe, Africa, and the Middle East. – It recently launched a Dubai incubation program, offering firms up to $125,000. – Its CIO and Dubai managing partner spoke to Insider about the fund’s expansion plans. For some industry insiders, a second ‘crypto valley’ – the major blockchain hub…
Dubai government has remained crypto-friendly to promote investment in the sector. With no capital gains tax and ease of buying and selling anonymously, Dubai makes life easy for crypto investors. Lack of tax on income or capital softens the anti-money-laundering laws in the emirate. Dubai, a prosperous city in the United Arab Emirates (UAE), might…