Many independent traders and individuals who move to Dubai to continue trading and investing in the cryptocurrency market find it confusing to find the right way to buy and sell cryptocurrencies. Emirates NBD is one of the best banks in the UAE, and many users continue to look for ways to buy cryptocurrencies using their Emirates NBD bank account. In this guide, we will share many details that will help you with cryptocurrency trading in UAE and can help you find cryptocurrency friendly banks and structures in UAE. We will also share some solutions on how to buy and sell…
Author: Crypto Flexs
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Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC), Chairman Gary Gensler and four other commissioners, alleging they have “improper” jurisdiction over XRP futures products. filed a lawsuit.According to court documents: contaminated On Thursday, Bitnomial claimed that the SEC had ruled that the exchange’s yet-to-be-listed XRP futures product violated federal securities laws and treated XRP as an investment contract. The agency reportedly argued that futures products should be supervised by both the SEC and the Commodity Futures Trading Commission.“Bitnomial disagrees with the SEC’s view that XRP is an investment contract and therefore a security and that…
Cardano’s (ADA) long-running price woes have dampened enthusiasm among cryptocurrency traders about the future of the smart contract platform, but one analyst believes the lack of enthusiasm signals a potential opportunity. Ali Martinez told his 73,700 followers on social media platform X that he thinks now is actually a good time to buy more ADA. “Cardano investors appear to be deep in the recessionary phase of the market cycle. But often there is opportunity there. Selling now may not be ideal. Instead, accumulating ADA can pay off in such pessimistic circumstances.” Source: Ali Martinez/X ADA is trading at $0.339 at…
Timothy Morano October 11, 2024 02:29 BNB Chain will be a highlight of Binance Blockchain Week Dubai 2024, which focuses on accelerating early-stage blockchain projects through the BNB Incubation Alliance. The upcoming Binance Blockchain Week Dubai 2024 will showcase the BNB chain, centered around BIA (BNB Incubation Alliance). According to the BNB Chain blog, this event provides an important opportunity for the Web3 community to collaborate and drive growth in early-stage blockchain projects. Event details Scheduled for October 31, 2024, the event will take place from 10:30 am to 4:00 pm during Binance Blockchain…
Chainlink is down 0.49% in the last 24 hours due to the weak outlook. Most LINK active holders are red. Chainlink (LINK) has seen modest gains over the higher period, with its price up 1.35% for the month and 0.69% for the week as of press time, according to CoinMarketCap. However, despite this gain, LINK’s current price of $10.64 reflects a slight 0.49% decline, highlighting that it is struggling from a broader downtrend that began after the end of the last bull market. This decline continued with some brief ups, but then an overall decline like the rest of the…
UNI, the governance token of the Uniswap decentralized exchange, outperformed the cryptocurrency market on October 10, posting a 15% daily rise following the launch of its own layer 2 network, Unichain. UNI price is up 25% over the past week and 23% over the past 30 days. UNI/USD daily chart. Source: TradingViewUNI’s trading volume increased 418% on the day to $583.2 million. UNI, with a market capitalization of $5 billion, ranks 20th in the CoinMarketCap rankings.This achievement comes after Uniswap Labs announced the launch of Unichain, an application-specific layer 2 blockchain network.Uniswap Labs said Unichain is designed to deliver faster,…
Plus Token linked Ether has been discovered and is on the move. Approximately $16 million in Ethereum from the Plus Token scam began moving to exchanges this week, suggesting an intent to sell, according to on-chain analyst ErgoBTC. Chinese authorities reportedly seized $4.2 billion worth of cryptocurrencies, including 833,083 ETH, due to the Plus Token Ponzi scheme that defrauded investors from 2018 to 2019. ErgoBTC’s latest analyst revealed that about a third of the seized Ethereum was sold on the now-defunct cryptocurrency exchange Bidesk in 2021. The remaining approximately 542,000 Ethereum in thousands of wallets began moving in August and…
Institution-centric blockchain chain KDA -1.15% We have been recruiting in recent months to recover from our recent slump. Notably, Kadena on Thursday announced the addition of former DCG executive and Thiel Foundation CEO Alana Ackerman as a top advisor. “From what I heard, we had a good reputation, but people were surprised that we still existed,” Annelise Osborne, Kadena’s chief business officer, told The Block in an interview. “We got quiet after hearing a lot of news. So what I’m trying to do is show momentum.”Osborne, a former Arca Labs executive who left the company in June, was hired before…
Alchemy Pay integrates its virtual card service with Samsung Pay for seamless cryptocurrency usage. Users can use cryptocurrency to make purchases from retailers such as Amazon and Netflix. The integration simplifies setup and expands Alchemy Pay’s supported payment platforms. Alchemy Pay announced that it is integrating its virtual card service with Samsung Pay. This development will allow users to seamlessly spend their cryptocurrency holdings through Samsung’s contactless payment platform. This new feature follows a similar integration with Google Pay just a few weeks ago and is set to improve convenience for the growing number of users looking to utilize digital…
As the PEPPER airdrop approaches, the CHZ cryptocurrency has recovered to a three-month high. Launched fairly, Meme Coin aims to give the reins back to the community. Despite two CHZ selling walls looming, a retest of the yearly high is still underway. Sports-focused blockchain Chiliz (CHZ) is advancing toward entering the top 100 cryptocurrencies by global market capitalization. Having surpassed the $0.15 price level twice this year, Chiliz is looking to hit this milestone again thanks to solid volume.Harvesting peppers that revitalizes the lives of Chiliz holdersChiliz’s community is excited about the upcoming PEPPER airdrop. A new meme coin is…