While money returns to the crypto market, derivatives data shows that investor confidence is strengthening as the market forms a bottom, signaling a possible trend reversal. The Tether/CNY premium and CME futures basis have recently flipped bullish, indicating a positive investor attitude. Over last week the total capitalization of the crypto market raised 10% to…
There is perhaps nothing in this world as pointless as making predictions for the blockchain business. Prognoses that “BTC will reach $ 100,000 by the end of … 2018 … 2019 … 2020 … 2021” seem unending. So we will try to simply point to a few of the most important things to look forward…
Solana Labs, the developer team behind the Solana blockchain, announced Solana Pay, a new point-of-sale (POS) payment product that lets merchants accept crypto payments with near-instant finality and affordable fees. The payment solution is billed to be a game-changer that will help merchants interact directly with their customers by rewarding customer loyalty in a unique…
Breaking crypto news from the last week (Jan. 29 – Feb. 4, 2022): Jan. 29: Bahrain-based crypto exchange CoinMENA has obtained a cryptocurrency license from the European Union. As a result, CoinMENA will now be able to expand to new jurisdictions in the MENA region and beyond, as well as increase the number of crypto…
Future and current decentralized projects need to consider utility and ease of accessibility in order for DeFi to survive the unpredictable volatility of the market. It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into…
UAE’s engineering firm Al Habtoor Group in partnership with Luna PR, a Dubai-based digital marketing agency, announced “Last Hopium,” an NFT project aimed to use blockchain technology to bridge digital asset holders to big hotels like Ritz, Hilton, and Waldorf. The release of the NFT collection will be during Q1 2022. Al Habtoor Group joins…