Bitcoin’s price has stabilized after experiencing a significant drop over the weekend, retracting from its recent highs. The focus is now on key signals regarding U.S. interest rates, which have had a direct impact on the world’s largest cryptocurrency. Last week, Bitcoin reached as high as $72,000, nearing record levels set in March. However, a
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The Dubai Mall, known as one of the largest malls in the world, is gearing up for a major expansion project that is estimated to cost around 1.5 billion dirhams ($408 million). This extravagant shopping complex in the heart of Dubai is already home to an impressive array of amenities, including 1,200 stores, 200 food
Recent developments in the digital asset industry have caught the attention of analysts at JMP Securities. They believe that political tides are shifting in favor of digital assets, potentially serving as a significant catalyst for companies like Coinbase. Despite some reservations about the extent of this shift, analysts note positive momentum building around bipartisanship, particularly
Hex Trust Group, a crypto custodian based in Hong Kong, has recently introduced its native decentralized stablecoin, USDX, on the Flare blockchain. This stablecoin, backed 1:1 by the U.S. dollar, serves as a fundamental component of decentralized finance (DeFi) on Flare. The reserves for USDX are primarily held in 1-3 month Treasury Bills by regulated
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