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Abu Dhabi institutional giants team up for dirham stablecoin


A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates' largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate...

Abu Dhabi institutional giants team up for dirham stablecoin


A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate...

Gold-backed cryptocurrencies spike amid global trade uncertainty


Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520...

Gold-backed cryptocurrencies spike amid global trade uncertainty


Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520...

How to buy a home with a crypto-backed loan


Key takeawaysCrypto-backed mortgages let you use assets like Bitcoin or Ether as collateral to secure a loan without selling your holdings.The process involves choosing a lender, securing your crypto in custody, appraising the property and finalizing loan terms.These mortgages offer tax advantages...

What are XRP futures and how to invest in them?


If you’re following developments in the cryptocurrency market, you’ve likely noticed that Coinbase Derivatives has introduced XRP futures contracts to its US derivatives exchange. This move is part of a broader trend where regulated platforms are expanding access to futures trading...

Caitlin Long slams US Fed over stablecoin policy favoring big banks


Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.In an April 27 thread on X, Long explained that while the Fed recently...

Caitlin Long slams US Fed over stablecoin policy favoring big banks


Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.In an April 27 thread on X, Long explained that while the Fed recently...

Bitcoin upside could stop at $100K despite $3B in ETF inflows


Key points:High Bitcoin ETF inflows don't always signal a price top as historical data is mixed. Spot Bitcoin inflows often precede short-term price rises, not reversals.Bitcoin may hit $100K but faces resistance.Bitcoin’s (BTC) price recovery may be stalled at $100,000 as questions emerge...

Nexo back in the United States as Trump Jr. attends exclusive event


Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges.According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said that he thinks “crypto is the future of finance,”...

Melania memecoin team sells $1.5M tokens as price pumps 21%


The team behind the Official Melania Meme (MELANIA) token sold more than $1.5 million of tokens over the past three days, suggesting a programmatic selling strategy that may add downside pressure to the token.The team behind the Melania memecoin sold another $930,000 worth of tokens on April...

Coinbase presses to axe rule banning SEC staff from holding crypto


Coinbase has urged the US Office of Government Ethics to remove a rule banning Securities and Exchange Commission staff from holding crypto.SEC staff need to use crypto to better understand how it works and the best way to regulate it, Coinbase chief legal officer Paul Grewal argued in open letters...

Trump-backed World Liberty Financial partners with Pakistan Crypto Council


The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets.Under the partnership, World Liberty will help the Council launch...

Trump-backed World Liberty Financial partners with Pakistan Crypto Council


The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets.Under the partnership, World Liberty will help the Council launch...

China-based Huawei to test AI chip aiming to rival Nvidia: Report


Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia.The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated...

Bitget takes legal action on alleged VOXEL futures price manipulation


Crypto exchange Bitget says it is issuing legal letters to account holders it accuses of manipulating the price of perpetual futures contracts linked to the VOXEL token.Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million...

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