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How the UAE’s Stablecoin Decision Could Impact Local Businesses, Crypto and a Future CBDC
The Central Bank of the United Arab Emirates (CBUAE) has approved new regulations for stablecoins, enabling it to integrate Dirham-backed digital currencies into its financial ecosystem. Read more
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Best Ways to Earn Passive Income With Crypto in 2024: Cloud Mining
The idea of digital finance has been completely transformed by Bitcoin and other cryptocurrencies, which have brought safe, decentralized ways to transfer money around the world. Cloud mining is a major innovation that facilitates this ecosystem by enabling anyone to participate in the mining process without requiring a lot of hardware or technical knowledge. Read more
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Nvidia Flips Microsoft to Become World’s Most Valuable Company, Thanks to AI
Fueled by the explosive global hunger for greater computing horsepower in artificial intelligence, Nvidia on Tuesday surpassed Microsoft to become the most valuable company on the planet. Read more
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This Wall Street Firm Says Best Bitcoin Mining Stock Isn’t a US Company
Among a slew of publicly traded Bitcoin mining companies, Cantor Fitzgerald says one firm in particular is being vastly undervalued by the market. Read more
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Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
The digital asset market saw a quick reversal Monday with bitcoin (BTC) erasing an early decline to nearly $65,000 and returning to the $67,000 level for the time in three days. Read more
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Bitfinex First to List aUSDT, a Gold-Backed Tether Asset
Bitfinex, a premier digital asset trading platform, has announced its pioneering move to become the first exchange to list aUSDT, a USD-denominated tethered asset by Alloy by Tether, according to blog.bitfinex.com. Read more
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Tether Co-Founder Predicts Next ETFs After Bitcoin, Ethereum
Don’t expect crypto ETF momentum to slow after the approvals of spot Bitcoin and Ethereum funds in the United States: Wall Street’s “greed” will bring more and more such products, Tether and WAX co-founder William Quigley told Decrypt this week. Read more
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Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
What looked like prime time for crypto assets on softening inflation data has turned into an ugly week with bitcoin (BTC) tumbling to its weakest price in four weeks on Friday. Read more
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Tether to reveal new product line as part of $1 billion investment strategy
“After a year of hard work, Tether will unveil its new class of digital assets products on Monday 17th June.” Read more
