The United Arab Emirates is a country of unique business opportunities. Lenient taxes and a free trade zone allow for deriving maximum profits. However, only a couple of years ago the attitudes towards cryptocurrency projects here were conflicting. Now a lot is changing and the region is becoming more and more attractive for crypto companies….
Venture Capital funds have already invested more than $ 17 billion in the cryptocurrency market in the first half of 2021, marking a new annual record since 2018. According to data provider PitchBook, that’s around the total amount raised in all previous years combined. Much of the funds out of crypto deals in 2021 came…
Central banks around the world are preparing to introduce their own digital currencies: blockchain-based, but under government control. At this point there are very few actually existing CBDCs in use, but among them is the digital yuan, which is already quite significant. There was an interesting story at the end of May, as multiple media…
Centralized (CEX) and decentralized exchanges (DEX) are natural competitors in the cryptocurrency market. It’s somewhat surprising that from the very beginning quite centralized structures – crypto exchanges – have grown into real giants in what initially was (and by definition is) such a decentralized industry as the cryptocurrency. However, blockchain technologies are evolving, and so…
It might seem hyper-bullish, but there is real reason to believe such an ascension in price could occur, writes Nik Hoffman in Bitcoin Magazine. Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has…
The new “cryptospring” is here. Ever since the beginning of the year the graph for bitcoin rate in relation to dollar resembles a mountain range: starting at $ 20,000 in mid-December, the first cryptocurrency quickly reached 40,000$, slightly slower got to $ 65,000 and went down (though also unevenly). Now BTC price is hovering around…