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UAE Launches Dirham-Backed Stablecoin, Is USD Dominance Under Threat?
Abu Dhabi is moving closer to becoming a global fintech leader. Three major UAE organizations, International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB), have come together to launch a brand-new stablecoin backed by the UAE Dirham.However, Abu Dhabi’s ambitious plan challenges the dominance of US dollar-backed stablecoins, as other countries also look …
Mustafa Mulla·29 Apr 20252 min
NewsBlackRock’s Bitcoin ETF Pulls In Nearly $1 Billion in a Single Day – Is Big Money Back?
BlackRock’s iShares Bitcoin Trust (IBIT) just had one of its biggest days since launch, pulling in nearly 1 billion dollars on Monday. The $970 million in inflows signals a strong return of institutional interest in Bitcoin, as large players begin moving back into the market. Nearly *$1bil* into iShares Bitcoin ETF today…2nd largest inflow since …
Debashree Patra·29 Apr 20252 min
Altcoin Season 2025 Has Arrived, Santiment Data Shows
Traders are convinced the altseason is either here or just about to explode. After Bitcoin’s massive surge last week, profits are flooding into riskier assets, setting the stage for altcoins to take the spotlight. Bitcoin has held strong above $94,000 despite macro uncertainty. While altcoins have remained relatively neutral today, they have posted gains of …
Nidhi Kolhapur·29 Apr 20252 min
Gate Dubai Secures Full Crypto VASP Licence, Expands Global Reach
Gate Group has officially announced that its subsidiary, Gate Technology FZE, known as Gate Dubai, has been granted a full Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This license allows Gate Dubai to offer crypto exchange services to institutional, qualified, and retail investors. The move strengthens Gate Group’s commitment …
Vignesh S G·29 Apr 20252 min
Visa, Stripe, and Mastercard Drive Stablecoin Growth in 2025
Stablecoins are evolving from a niche part of the crypto world to a major player in global finance. With major financial institutions like Visa, Mastercard, and Stripe supporting stablecoin projects, and transaction volumes now surpassing Visa’s network, it’s clear that stablecoins are changing the way money moves around the world. Visa, Mastercard, and Stripe Embrace …
Vignesh S G·29 Apr 20251 min
NewsBanks May Turn to Ripple’s XRP Amid Crisis, Predicts CEO of Black Swan Capitalist Versan Aljarrah
Big financial trouble could be coming, and many believe banks already see it coming. Some experts think a crisis could break the system, and when that happens, one digital asset might be the solution — Ripple’s XRP. Versan Aljarrah, CEO of Black Swan Capitalist, believes every bank will eventually rely on Ripple’s network. He believes …
Mustafa Mulla·29 Apr 20252 min
NewsSEC To Declare XRP as Official US Strategic Reserve Asset? Community Says ‘Fake News’
A viral fake rumour swept the internet yesterday, and the crypto community did not keep calm. Rumors claimed that the SEC was set to declare XRP as an official U.S. strategic reserve asset, with a major announcement seemingly coming from Paul Atkins at 1:00 PM EST. However, the XRP community quickly called for sources, as …
Nidhi Kolhapur·29 Apr 20254 min
U.S. Secretary of Commerce Howard Lutnick Says “America Is Ready for Bitcoin”
Bitcoin is making serious waves across the U.S. as political support, easing regulations, and falling interest rates set the stage for a historic year in crypto. After briefly hitting an all-time high of $109,000, Bitcoin is gearing up for another rally, with experts predicting even bigger gains in the second quarter of 2025. Meanwhile, a …
Elena R·29 Apr 20252 min
Bitcoin All-Time-High in Q2 or $100k Again This Week?
Bitcoin is back in the spotlight after global bank Standard Chartered predicted that the world’s biggest cryptocurrency could hit a new all-time high by the second quarter of this year. According to their latest report, Bitcoin could reach around $120,000, driven by recent strong market performance and growing investor interest. At the moment, Bitcoin is …
Anjali Belgaumkar·29 Apr 20252 min