Signing the first agreement to facilitate digital currency payments in the UAE
A Memorandum of Understanding (MoU) has been signed between Dubai Islamic Bank and Crypto.com, a first-of-its-kind global agreement to integrate digital currencies with Islamic banking. This agreement opens up multiple opportunities to develop Sharia-compliant platforms, including Islamic crypto-bonds and tokenization of real assets. The MoU was signed by Mohammed Al Hakeem, CEO of Crypto.com in the UAE, and Musabah Al Qaizi, Chief Digital Officer at Dubai Islamic Bank, marking a major step towards strengthening cooperation with leading financial institutions in the UAE, as they continue to provide more innovative services to over 100 million customers worldwide.
Smaller Cryptocurrencies See Strong Gains, Outperform Bitcoin
Cryptocurrency prices have risen again, with several altcoins outperforming Bitcoin in the past hours, as investors look to boost their investments ahead of the new year. Bitcoin rose 2.9% to $97,526 before pulling back slightly to $96,600, while altcoins like Ethereum, XRP and Dogecoin saw gains of more than 4%. Solana saw a massive 8.2% gain.
10% price rise amid $826 million accumulation.. What's next?
XRP has started the new year strong, with the price rising by 10% in the past 24 hours. This rise comes amidst the accumulation of 350 million XRP over the past two days. On-chain data is pointing to further bullish momentum, suggesting that XRP’s rally may not be over. Here’s what could be next for the cryptocurrency.
Dogecoin DOGEUSD price has surged 7% in the past 24 hours as it attempts to reclaim its $50 billion market cap. Trading volume has surged to $3 billion during this period.
2025 Predictions: Bitcoin and Ethereum to Rise to New Record Highs Steno Research has predicted in a recent report that 2025 will be an exceptional year in the history of the cryptocurrency market, with Bitcoin and Ethereum expected to reach new record highs. The company noted that Bitcoin prices
Global firm predicts Bitcoin will rise to $225,000 in 2025 Bitcoin looks set to surge in 2025, with H.C. Wainwright predicting the digital currency will hit $225,000 per coin by the end of the year. This reflects a revised target, which was up from previous estimates
Urgent: Cryptocurrencies rally and Bitcoin jumps again
Bitcoin price rose at the end of the US session, and Bitcoin is now trading at $97,173.3, up +2.41% in the last 24 hours. The market cap is now $1.93 trillion, according to Investing. Bitcoin remains the most dominant with a market share of 56.2%, followed by Ethereum with a market share of 12.2%. It is worth noting that based on today’s closing price, Bitcoin is up +2.05% in the last seven days, while the most popular altcoin, Ethereum, is up +4.22% in the last seven days.
Binance receives full regulatory approval in Brazil!
✅ From the Central Bank of Brazil: Binance has become an official exchange for trading cryptocurrencies, stocks, and financial derivatives This was done through its acquisition of the licensed Brazilian platform Simpool.
💡 The platform also confirmed that it has resolved all its issues with the Brazilian Securities Authority and is ready to operate immediately. #Binance#Crypto #Brazil
Last week to participate in ROUND 2 of the $FLOKI x $MONKY Trading Competition!
Last week to participate in ROUND 2 of the $FLOKI x $MONKY Trading Competition! The round ends January 8, 2025 at 23:59:59 UTC. Trade $MONKY on the Floki Trading Bot to: - Get 100% of your trading fees back in $MONKY - Compete for prize pools worth 20% of all trading fees collected - Earn extra points with trading streaks - Earn points from referrals Points determine your share of rewards, with more points earning larger shares of the prize pool. No minimum trade requirements - every trade count
Ethereum Nears Top of Triangle Pattern as Institutional Flows Retreat
Ethereum is facing a critical moment as Bitcoin’s price drops below $93,000, adding to the uncertainty in the broader market. The second-largest cryptocurrency by market cap finds itself testing key support levels while data suggests institutional investors are reducing their exposure via ETF inflows.
Global firm predicts Bitcoin will rise to $225,000 in 2025
Bitcoin looks set to soar in 2025, with H.C. Wainwright predicting the cryptocurrency could hit $225,000 per coin by the end of the year. This revised target, up from previous estimates of $145,000, reflects optimism based on a combination of regulatory shifts, institutional adoption, and market dynamics that are expected to bolster Bitcoin’s position as a leading asset class.
Ripple was trading at $2.2965 at 21:32 (18:32 GMT) on the Investing.com Index on Wednesday, up 10.02% on the day. It’s the highest daily percentage gain since.
This upward move pushed Ripple to a market cap of $129.5686B, or 6.80% of the total cryptocurrency market cap, and at a record high, where Ripple's market cap was $155.2807B.
Cardano was trading at $0.9345 at 22:13 (19:13 GMT) on the Investing.com Index on Wednesday, up 10.04% on the day. It’s the highest daily percentage gain since.
This upward move pushed Cardano to a market cap of $32.2637B, or 0.98% of the total cryptocurrency market cap, and at a record high of $94.8001B.
Mass decline in major digital currencies.. and $420 million exit from Bitcoin funds
Bitcoin (BTC) continued to decline on Monday, temporarily dropping below $92,000 on profit-taking, before recovering yesterday and today and now trading at $93.7K on the first day of the year with most of the world’s exchanges closed for holidays. Expectations of continued decline until February Some traders see the current price action continuing into February, weeks after US President-elect Donald Trump takes office and begins implementing his new policies that could impact the market.
SHIBUSD is down 5.6% over the past 7 days but has recovered 3% in the last 24 hours as it tries to regain momentum. The Relative Strength Index (RSI) remains neutral at 50.9, reflecting a balance between buying and selling pressure, while whale activity has stabilized after its recent decline. SHIB is trading near critical levels, with the potential to test major resistances if the uptrend strengthens or support areas if selling pressure increases.
A Big Bubble Has Burst in the Crypto Market Due to Massive Bitcoin Stacking
Software giant MicroStrategy (NASDAQ:MSTR) stock has fallen more than 36% since its peak in November, as the company continues to commit to a policy of massive Bitcoin accumulation. According to data from Investing Saudi Arabia,.
في هذا الثريد سالخص لكم تقرير Bitwsie أحد أكبر شركات الإستثمار في السوق.
1️⃣قمة جديدة للعملات الرقمية تتوقع Bitwise أن تكون 2025 هي عام الـBullrun لتحقق العملات الاتية قمتها: #Bitcoin : $200,000 #Ethereum :$7,000 #Solana : $750
2️⃣استثمارات ضخمة في صناديق Bitcoin ETFs. يبني التقرير هذا التوقع على مقارنة اداء صناديق البتكوين بصناديق الذهب. ففي العام الأول، جذبت صناديق البتكوين استثمارات بقيمة $33 مليار، مقابل $2.6 مليار فقط لصناديق الذهب. لذلك يتوقع التقرير ان هذا الزخم سي