Billionaire investor Ray Dalio expressed concerns about a potential “pending debt money problem” in global finance and urged a shift toward hard assets like Bitcoin and gold. Dalio, the founder of one the world’s largest hedge funds, Bridgewater Associates, said he would invest in “hard money” like gold and Bitcoin while avoiding debt assets, the…
The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority has officially recognized Tether’s USDt stablecoin as an accepted virtual asset (AVA). With the approval, licensed financial service providers within the ADGM can offer services related to USDT to facilitate its integration into regulated financial ecosystems. The recognition covers USDT issued on multiple blockchains —…
dYdX launches a new upgrade to its trading platform with dYdX Unlimited, bringing features like automatic liquidity and instant market listings to enhance user experience. Built on the principles of transparency and user empowerment, decentralized exchanges (DEXs) have been steadily gaining traction within the blockchain and cryptocurrency space. Boosted by the memecoin frenzy, DEXs enjoyed…
Modern banking systems worldwide are antiquated, and it’s only a matter of time before crypto and blockchain tech surpass them, says Eric Trump, an American businessman and the second son of Donald Trump. In a Dec. 9 interview with CNBC’s Dan Murphy in Abu Dhabi, ahead of his keynote speech at the Bitcoin Conference, the third oldest…
Dubai-based cryptocurrency trading platform BitOasis secured a new license in its home jurisdiction after being acquired by Indian crypto exchange CoinDCX. BitOasis received a full virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced on Dec. 9. The acquisition of the full license marked the final step in BitOasis’ VARA…
Ether’s price is forming “structural changes,” indicating that a big move may be on the horizon. Some crypto commentators say it may retest its all-time high within the next seven days. Bankless podcast host Ryan Adams said in a Dec. 9 X post that a new Ether all-time high “could happen” within the next week. Ether’s…
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