Crypto News
Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage
Dubai’s upcoming Crypto Tower will redefine blockchain innovation, offering on-chain transparency, AI-powered solutions, and cutting-edge facilities for Web3 startups and decentralized finance leaders. Dubai’s Crypto Tower: A Revolutionary Hub for Web3 Pioneers and Innovators Dubai Multi Commodities Centre (DMCC) and REIT Development unveiled on Wednesday plans for a pioneering Crypto Tower in Jumeirah Lakes TowersSource link
Study: 52% of Americans Ditch Traditional Assets for Crypto, Sparking New Wave of Adoption
A new survey reveals that cryptocurrency has surged in popularity among Americans, with 68% now owning cryptocurrencies. Crypto Now Part of Americans’ Investment Portfolios A recent survey reveals that more than half of Americans (52%) have sold traditional assets, such as stocks or gold, to invest in bitcoin. Additionally, one-fifth of U.S. residents allocate overSource link
XRP’s Bullish Momentum Strongest Since January 2018 as Futures Open Interest Hits Record High
Payments-focussed cryptocurrency XRP, which failed to set new price highs during the 2020-21 bull run due to regulatory struggles, is chalking out its fastest ascent in years, with derivatives tied to the token seeing record activity.The cryptocurrency's price has surged 50% to seven-year highs above $3 this month, extending the past quarter's 240% rally, according to data source CoinDesk. Prices have gained 30% in the past seven days alone, lifting the market capitalization to $176.75 billion, the third-highest ahead of stablecoin tether.XRP is witnessing the fastest observed rally since the altcoin boom of January 2018, according to a popular market analysis tool called the relative strength index (RSI). The measure oscillates between 0 and 100, measuring the speed and change...
Bitcoin Could Top $300,000 This Year, New HashKey Survey Claims
HashKey’s annual market forecast reveals 50% of respondents expect Bitcoin to triple current levels as institutional adoption accelerates.Source link
Ripple Confident in Victory as SEC’s Crypto War Nears Its End
Ripple is confident in its legal position as SEC leadership faces criticism for enforcement-heavy policies, with a pro-crypto regulatory shift on the horizon. Ripple: Confident and Thriving as a New Era of Crypto Regulation Dawns Ripple executives have taken aim at U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, criticizing his regulatory approach andSource link