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news-imageOctober 18, 2024

The Central Bank of the UAE approves AED Stablecoin's preliminary license

The Central Bank of the United Arab Emirates (CBUAE) has granted preliminary approval to AED Stablecoin, bringing the project a step closer to becoming the UAE's first regulated dirham-pegged stablecoin. This move follows the CBUAE's Payment Token Service Regulation framework, which outlines specific licensing requirements for digital tokens.
Publisher: Invezz
Sentiment: Positive
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Positive
cover-imageCrypto Economy
October 18, 2024

Phantom Wallet Introduces Token Sharing on WhatsApp and Telegram

TL;DR Phantom allows sharing links to token pages via WhatsApp and Telegram. Users can access charts and token price history interactively. The wallet has also added beta support for Base, improving DeFi and NFT features. Phantom, the popular cryptocurrency wallet, has announced a new feature that promises to simplify the exchange of token information.

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Negative
cover-imageCrypto Economy
October 18, 2024

Expiring $1.62B in Crypto Options Could Spark Market Movement Today

TL;DR $1.62 billion in Bitcoin and Ethereum options are expiring today, potentially causing short-term market volatility. Bitcoin's maximum pain point is $64,000, with current trading above this level, suggesting a possible price drop as expiration nears. Ethereum's maximum pain point is $2,500, with current trading above this level, indicating potential short-term price adjustments.

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Positive
cover-imageFinbold
October 18, 2024

Crypto trader turns $96 into $3 million with TRUMP token

The crypto market has gained widespread fame (and notoriety) for wild price swings — stories of traders turning small sums into fortunes are relatively common, but they have become slightly less frequent as the market matures.

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Positive
cover-imageAltcoin Buzz
October 18, 2024

Venmo Users Can Now Buy Crypto with MoonPay

This means you can use the money in your Venmo balance to purchase all your favorite cryptocurrencies. Let's dive into what this means for users who want to buy crypto in these apps.

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Positive
cover-imagePYMNTS
October 18, 2024

Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest to date for Stripe, which was recently valued at $70 billion.

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Positive
cover-imageCoinPedia
October 18, 2024

Crypto Investment Strategies for Maximum Profit in The Upcoming Bull Run – Michaël Van de Poppe

Renowned cryptocurrency analyst Michaël Van de Poppe has shared his latest altcoin portfolio, expressing optimism despite past losses during altcoin rallies. In his recent video, he outlined his altcoin trading strategies for the anticipated bull market to maximize the early profit, emphasizing a crucial shift in focus toward newer assets for potentially higher returns.

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Positive
cover-imageBitcoin
October 18, 2024

New Falconx Platform Could Transform How Miners Liquidate Crypto

Falconx, a digital assets prime brokerage firm, has launched a platform that automates the conversion of cryptocurrency to USD for miners. This platform aims to streamline the liquidation process, reducing delays and improving efficiency for miners. Enhanced Liquidity for Miners Falconx, the digital assets prime brokerage firm, announced on Oct.

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Neutral
cover-imageCoinPedia
October 18, 2024

Trump Crypto Holdings: Analyzing the Impact of Meme Coins on His Portfolio

Data from Arkham Intelligence, a public data application that enables users to analyze blockchain and crypto activities, shows that Republican presidential candidate Donald Trump has earned nearly $6.1 million from his cryptocurrency holdings this year.

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Positive
cover-imageCryptopolitan
October 18, 2024

RECRD, Shemaroo team up to bring Bollywood to blockchain amid SocialFi traction

RECRD, a SocialFi platform, and Indian media company Shemaroo Entertainment have partnered to bring Bollywood films and music to the blockchain. The partnership will bring Bollywood films like Jab We Met, Khakee, and Golmaal Returns on the blockchain as digital collectibles.

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Negative
cover-imageCointribune
October 18, 2024

Tax Alert: Your Crypto And Financial Gains Will Soon Be Taxed At 33%!

The year 2025 is shaping up to be marked by a fiscal upheaval. Whether you are a seasoned cryptocurrency investor or earn dividends on your investments, the recent increase in the flat tax, approved by the Finance Committee, could weigh on your gains.

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Positive
cover-imageAltcoin Buzz
October 18, 2024

UAE's New Legal Structure Boosts DAOs

A DAO is a group that operates without a traditional management structure, relying instead on smart contracts and community decision-making. Irina Heaver, a lawyer from NeosLegal, explained that this new framework will allow even smaller DAOs to operate legally in the UAE.

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Negative
cover-imageCryptopolitan
October 18, 2024

Fake Coinbase scam lands Indian national in prison for 5 years

The United States authority announced that Chirag Tomar, a 31-year-old Indian national, was sentenced to 60 months in prison for stealing over $20 million by creating fake websites mimicking the crypto exchange Coinbase. He will also serve two years of supervised release.

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Positive
cover-imageCryptonews
October 18, 2024

Singapore Bank DBS Launches Token Services for Institutional Investors

DBS Bank on Friday introduced DBS Token Services, a new banking solution that integrates tokenization and smart contract features into its existing services. Aimed at institutional clients, this initiative seeks to improve banking functions and boost operational efficiency.

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Negative
cover-imageBitcoin
October 18, 2024

Cyprus SEC Enforces EU Crypto Regulation — Key Deadlines Loom

Key deadlines for crypto-asset regulation are approaching, as Cyprus' regulator announced that the EU's Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October.

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