Bitcoin could top $1.3 million after sanctions on Russia, VanEck says
    07 Apr 2022
    309 Views

    An analytic report from American investment firm VanEck says Bitcoin appears to have a much higher upside potential than gold. If each of the assets becomes the only reserve asset globally, Bitcoin could top $1.3 million, while gold may reach a price of $31,000 per ounce, respectively. However, these extreme cases have a more likely…

    This year cryptocurrency will come of age in the Middle East
    06 Apr 2022
    319 Views

    Areije Al Shakar, the senior vice president at Bahrain Development Bank & director at Al Waha Venture Capital Fund of Funds, revealed her thoughts on Wamda. Banks and financial regulators in the Middle East have been slower to embrace cryptocurrency than Europe and the US. Before the pandemic, the Middle East’s crypto market was still…

    Global crypto study: One-third of Emiratis own cryptocurrency
    06 Apr 2022
    303 Views

    According to the new Gemini study, one-third of Emiratis and Israelis own crypto. Meanwhile, globally crypto ownership is the highest in Brazil and Indonesia. Also, nearly 40% of global respondents first bought cryptocurrency last year. New York-based crypto exchange Gemini published the “Global state of crypto” report following what it said was a pivotal year…

    How effective is Bitcoin as a hedge against inflation?
    04 Apr 2022
    289 Views

    How effective is Bitcoin as a hedge against inflation? Dilip Kumar Patairya on Cointelegraph studied what inflation is and how useful Bitcoin and the other means are to deflate it. Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and…

    Binance Blockchain Week 2022: Web3, GameFi, NFTs and mass adoption of crypto
    03 Apr 2022
    326 Views

    Binance Blockchain Week 2022 was held in Dubai on 28-30 March 2022. The three days of the annual conference involved the brightest and most influential minds in the blockchain ecosystem and the leading crypto industry speakers all over the world. Among hot topics discussed at the various panels, fireside chat sessions, and thoughtful keynotes were…

    IMF says sanctions on Russia could boost the use of crypto
    02 Apr 2022
    294 Views

    As the Russian invasion of Ukraine enters its second month, Gita Gopinath, the International Monetary Fund (IMF) official, has warned that the financial sanctions imposed on the invading country, including restrictions on its central bank, could have some wide-reaching effects on currencies. With this, the Chinese yuan and cryptocurrencies could see their adoption accelerate with…