UAE NewTribe Capital to invest 5 Million USD in Blockchain NEAR Projects
    11 May 2022

    Dubai, United Arab Emirates (UAE) – May 10, 2022: UAE-based Venture Capital Fund NewTribe Capital, which invests in early-stage Blockchain and crypto projects, is set to invest five million USD in NEAR Protocol Ecosystem projects with the aim of boosting NEAR ecosystem’s growth in the UAE and globally. NEAR Protocol (NEAR) is a leading blockchain…

    Stablecoin UST loses dollar peg, while LUNA price is falling
    11 May 2022

    Stablecoin TerraUSD (UST) has lost its dollar peg, falling to as low as $0.65 on Monday. Meantime, the price of LUNA, its sister token, has dropped over 44% to $35 in the past 24 hours. The accident comes after the Luna Foundation Guard (LFG) announced that its massive Bitcoin reserves will be used to defend…

    El Salvador buys 500 more Bitcoins amid the crypto crash
    11 May 2022

    El Salvador President Nayib Bukele declared the country’s largest Bitcoin purchase to date in the middle of a terrifying crypto market fall. He tweeted on May 9 that El Salvador has just purchased an additional 500 tokens for roughly $15.3 million, while the Salvadoran crypto holdings reached 2,300 BTC. Amid the crypto bloodbath, El Salvador…

    Arab-developed Bitcoin trading bot set to revolutionize the way people invest

    AYMBot, a fully-automated, algorithmic, Bitcoin-trading bot developed in Jordan, aims to revolutionize the way people generate wealth from cryptocurrency, according to its creator. AYMBot was designed to tackle the main issues and challenges associated with Bitcoin and cryptocurrency trading, including volatility and accessibility, CEO Ahmad Alsharqatli told Arab News. “The problem with crypto, that people…

    Bitcoin’s Fate in 2022
    11 May 2022

    Bitcoin is on a downward trajectory, despite the fact that the cryptocurrency industry overall is growing quite vigorously. But BTC holders are clearly in a foul mood right now, although they still hold on to the “million-dollar bitcoin” outlook. If I am to give a dissenting opinion – the BTC depreciation against the dollar signifies…