In recent years, Bitcoin has emerged as a significant asset due to its decentralization and potential alternative investment capabilities. The city of Dubai is rapidly becoming a hub for cryptocurrencies, and buying Bitcoin has become quite straightforward. The rising popularity of cryptocurrencies has led to a surge in crypto businesses establishing their bases in Dubai. Bitcoin can be procured in Dubai through diverse means, such as crypto exchanges and Peer-to-Peer (P2P) platforms. However, an additional method that might be of interest, particularly to newcomers in the crypto world, is Over-the-Counter…
Read MoreDay: May 27, 2023
Under-the-Radar Altcoin Escapes Crypto Doldrums and Surges by 44% This Week Amid Successful AI Testing
An under-the-radar altcoin is defying a wobbly crypto market after igniting its own uptrend and printing sizeable gains this week. Akash Network (AKT) is a decentralized open-source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchains and artificial intelligence (AI). The project’s native token, AKT, surged from a weekly low of $0.319 to a high of $0.462, marking gains of more than 44%. Akash Network’s price jump happened this week as the project worked on artificial intelligence testing on its testnet. Explains the…
Read MoreBitcoin Could Erupt 150% This Year and Shatter All-Time High, According to Analyst – Here’s Why
A popular crypto analyst is expressing confidence that Bitcoin (BTC) could print new all-time highs this year. Pseudonymous analyst Credible Crypto tells his 340,600 Twitter followers that Bitcoin could hit a fresh all-time high this year based on historical precedence. According to Credible Crypto, Bitcoin can replicate previous impulse waves such as the one witnessed in 2020 when BTC struggled for many months to climb above a key resistance level prior to hitting new all-time highs. “Keep hearing, ‘How can we reach (a) new all-time high before the end of…
Read MoreGrayscale Bitcoin Trust (GBTC): An In-Depth Guide
The Grayscale Bitcoin Trust (GBTC) offers a distinctive investment avenue catering to individuals, companies, and institutions who desire to invest in Bitcoin without grappling with the complexities of directly managing it. Simply put, it is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts. Nonetheless, one must consider whether this investment option is suitable for all. It is imperative to carefully assess these crucial factors before deciding to invest in GBTC. For more information, you can visit thebitsoft360.com. What is Grayscale Bitcoin…
Read More$BEN & $PSYOP Take Center Stage as Top Trading Pairs with Explosive Growth
In the season of memecoins, two memecoins from an anonymous dark horse, ben.eth, $BEN, and $PSYOP were yesterday’s number 1 and number 2 hot pairs respectively thanks to speculation built around this token. Ben.eth who is extremely popular on twitter with his handle @eth_ben took to twitter to share his glorious ventures taking the memecoin world by storm with his ardent followers. According to the data from Dextools, PSYOP/WETH and BEN/WETH tokens are often appearing in the top-5 pairs. At the time of writing, BEN and PSYOP tokens are respectively…
Read MoreUS Dollar Dumping Has Started in Both Words and Actions As BRICS Nations Join Forces, Says Russia’s Top Diplomat
Russian foreign minister Sergey Lavrov says de-dollarization is already underway due to the US government’s rhetoric and policies. Lavrov says countries within the BRICS alliance, or the economic coalition of Brazil, Russia, India, China and South Africa, are actively plotting a path forward without the US dollar, According to a new report from Tass. Lavrov, a Russian official since before the collapse of the Soviet Union, says the next BRICS gathering in August will focus on how the alliance’s New Development Bank can defend itself from potential US hostility. “De-dollarization…
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