Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more

Bitcoin (BTC) returning to $10,000 next month may feel unlikely, but should not surprise anyone, says the creator of one of its most accurate price models.In a tweet on Nov. 25, PlanB, the Twitter analyst known for his Stock-to-Flow Bitcoin price charts, suggested BTC/USD could easily retake five figures before 2020.PlanB: $10K BTC bounce “wouldn’t…

Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online agreements without the involvement of third parties. Today, they are used across many industries, including the healthcare industry.The healthcare sector stands to benefit a…

The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy.

The government added that they are already working on regulating the crypto market and a proposed regulatory legislation was laid before parliament and debated last month. The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, stressing that it "firmly…

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway. In China’s Shenzhen province about 2 million people had applied for the digital yuan giveaway and the lucky 50,000 among them received “red envelopes” of digital yuan totalling $1.5 million. By the…

Bitcoin (BTC) and Ether (ETH) have both witnessed aggressive profit-booking after hitting their respective new all-time high. This suggests that traders who had bought on rumors of a Bitcoin exchange-traded fund booked profits following the successful launch of the ProShares’ Bitcoin Strategy exchange-traded fund (ETF) (BITO).The bulls tried to stage a recovery in Bitcoin after…

Money on Chain is taking cues from gold market pricing for its DEX. 2465 Total views 7 Total shares DeFi protocol Money on Chain, a lending platform and stablecoin issuer based on Bitcoin (BTC) sidechain RSK, announced Wednesday the launch of TEX, an automated token swap platform based on an order book — with a…

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations. Own this piece of history Collect this article as an NFTBlockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The…

Binance Charity Foundation (BCF), the charity arm of major crypto exchange Binance, has signed a Memorandum of Understanding (MoU) with Safe Future, a non-governmental organization (NGO) in Uganda focused on local education improvements. Binance announced the development in an official blog post on May 30.The Binance for Children Special Impact Education Project Uganda reportedly aims…