A few days ago, ApeCoin (APE), the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), tapped an all-time high of $17.30, and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. It has climbed more than 50% against the US dollar in two…
Dogecoin (DOGE) surged more than 17% Monday, following several reports that said Twitter is poised to accept Elon Musk’s $43 billion bid, with the potential for the two parties to finalize a deal very soon. Dogecoin supporters are hoping that Musk could boost its usage after taking over the social media platform. The meme token…
Kraken has become the first crypto exchange to be granted a license to operate a regulated digital assets platform in Abu Dhabi, as the Middle East becomes a focus for the crypto industry. The exchange will allow its users to invest, trade, and withdraw virtual assets directly in the United Arab Emirates dirhams (AED). US…
The 22nd global edition of the World Blockchain Summit (WBS) in Dubai saw a lot of the top speakers, including Frederik Gregaard, Faryar Shirzad, Alex Mashinsky, Furqan Rassul, and many more. Held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, a member of the ruling family of Dubai, the summit hosted more…
Breaking crypto news from the last week (Apr. 16 – 22, 2022): Apr. 16: SHAREit Group, a global technology company, presented its ability to connect numerous users in the Middle East. The platform drives around two million new users to various crypto apps each month. Apr. 17: Credit-based stablecoin DeFi protocol Beanstalk Farms built on…
Crypto assets are tracing a path back onto investors’ radar, notes Fred Pye, CEO and Chairman of Canadian investment fund 3iQ Corp. Anticipating the further pivot to crypto, he suggests that what’s happening at the present moment is only accelerating the crypto revolution. According to Frederick Pye’s opinion column on Gulf News, the conflict in…