Crypto

Since the U.S. presidential election on November 5, a significant influx of $3.2 billion in Tether (USDT) stablecoins has flowed into centralized cryptocurrency exchanges (CEXs), the highest since November 2021. This surge in liquidity is sparking optimism in the market, as increased liquidity can reduce price volatility, facilitate smoother trading, and potentially drive higher crypto […]

BlackRock has secured a commercial license to operate in Abu Dhabi, aiming to deepen engagement with local wealth funds. BlackRock Inc., the world’s largest asset manager with $11.4 trillion in assets under management, has obtained a commercial license to operate in Abu Dhabi. The company also plans to seek regulatory approval to operate within the […]

At current prices, the 49,858 BTC sold could have been worth around $4.38 billion. Germany’s decision to offload nearly 50,000 Bitcoin in July at $53,000 per coin has resulted in an estimated loss of $2.015 billion, as Bitcoin has now reached a new all-time high of $93,434. At current prices, the 49,858 BTC sold could […]