The first Bitcoin fund in the Middle East was launched in Dubai this summer, when Canada’s largest digital asset investment fund, 3iQ, placed its public ETF in the largest Middle Eastern financial market. Investors can now transfer shares from the Toronto Stock Exchange to Nasdaq Dubai and vice versa, as well as buy them directly…
Bitcoin has gone up fast and strong – it looks like the “crypto winter” is not coming. Let’s try to figure out what is going on and what to expect. Bitcoin last hit the $ 50K mark exactly three months ago, on May 15th. And now it is getting back up there again. The first…
This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…
This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…
According to a new report from Allied Market Research, the cryptocurrency asset-management market will grow to $9.4 billion by 2030, growing by 30% a year, while it was just $670 million in 2020. By the study, the global crypto asset management market garnered $0.67 billion in 2020 and is expected to garner $9.36 billion by…
A fundamentally new banking system structure may emerge sooner rather than later: the one where fiat and stablecoins, CBDC and “classical” cryptocurrencies are used on equal terms. And DeFi will compete directly and on a level playing field with centralized banking services. To understand how the banking system will change, let’s delve a little deeper…