Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services. Blockchain infrastructure firm Paxos has scored another regulatory milestone as it expands its reach globally. On Wednesday, the New York-based company announced it had secured two preliminary approvals to issue stablecoins in Abu Dhabi. Paxos regulated in the Abu Dhabi Global Market Specifically, the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM) has granted…
Read MoreCategory: Altcoin News
ScapesMania and its potential to outshine Ripple (XRP) and Cardano (ADA) in the cryptocurrency investment race in 2024
ScapesMania: Innovatively positioned for growth in the crypto market. Ripple (XRP): Resilient despite legal challenges, with fluctuating market performance. Cardano (ADA): At a pivotal point, with potential for significant price movements based on market trends. The cryptocurrency market has pulled back from recent highs, but overall sentiment remains bullish. Bitcoin and major cryptocurrencies like Ether show resilience, with Bitcoin experiencing a 30% rally since early October. This surge is attributed to the anticipation of a spot BTC Exchange-Traded Fund (ETF) approval and a favorable macroeconomic backdrop. Technical indicators suggest a positive outlook,…
Read MoreDuelbits announces partnership with football star Luis Suarez
Duelbits has announced a strategic alliance with Luis Suarez, a Uruguayan national team and former Liverpool and FC Barcelona star. The online casino and sports betting platform will use the partnership in a brand campaign across the globe. Duelbits has partnerships with Aston Villa and the Argentina national team. Duelbits, a crypto sportsbook and online casino platform, has announced a partnership with football star Luis Suarez. According to details shared with CoinJournal, the partnership is part of Duelbits’ global expansion and will see Suarez champion the platform’s campaigns. Duelbits will…
Read MoreSHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives
Shiba Inu has removed over 260 million tokens in the past 24 hours. PEPE Coin’s market cap approaches $500 million. Memeinator’s MMTR token presale gains traction, featuring regular price increases. There have been significant developments in the world of meme coins with Shiba Inu (SHIB) witnessing a remarkable surge in burn rate, PEPE Market Cap approaching $500 million, and Memeinator’s MMTR token gaining momentum during its presale. In this article, we delve into the latest occurrences surrounding Shiba Inu (SHIB), PEPE Coin, and the Memeinator (MMTR) token. SHIB burn rate…
Read MoreShifting Tides in Crypto: A Groundbreaking Force Challenges Established Giants
A transition is underway in the digital asset arena as BorroeFinance ($ROE), a developing innovation, emerges as a contending force against top crypto coins. Meanwhile, Ethereum (ETH) slid following speculations about a possible delay in approving a spot Ethereum ETF. Decentraland (MANA), on the other hand, gained upside momentum amid increasing market volatility. How is BorroeFinance ($ROE) challenging these top altcoins? Let’s find out! >>BUY $ROE TOKENS NOW<< BorroeFinance Takes The Crypto Space By Storm BorroeFinance ($ROE) is the new force causing an upheaval in the crypto space. As a dynamic innovation with remarkable prospects,…
Read MoreTHORChain’s RUNE Hits New Yearly High
According to crypto price tracker CoinGecko, the price of the THORChain native token, RUNE, has reached a new high of $4.95, marking the first time this year. The token has seen a 26.5% price increase over the last 24 hours. This position shift began when the token started the day at $4.00 and turned bullish after initially showing a negative trend. THORChain Price Chart (RUNE)| Source: Coingecko This upward price movement follows the publication of the THORChain Q3 2023 report, which indicated a major milestone for the blockchain. The report…
Read More