FAB Triumphs in Blockchain Cross-Border Payment Pilot Test with J.P. Morgan

FAB Triumphs in Blockchain Cross-Border Payment Pilot Test with J.P. Morgan

First Abu Dhabi Bank (FAB) successfully concludes a blockchain payment pilot with J.P. Morgan’s Coin Systems, highlighting the potential of blockchain in cross-border payments. Key Takeaways In a noteworthy stride towards marrying traditional banking with blockchain technology, First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates and a global financial powerhouse, jubilantly unveils the successful conclusion …

Continue Reading
Bitcoin's Failure to Surpass $28,000 Triggers a Widespread Cryptocurrency Downturn

Bitcoin’s Failure to Surpass $28,000 Triggers a Widespread Cryptocurrency Downturn

The cryptocurrency market experienced a significant drop on “Red Monday,” with Bitcoin leading the decline after failing to break through the $28,000 resistance level. Key Takeaways A tremor rattled the cryptocurrency domain this Monday, with Bitcoin’s inability to cross the $28,000 threshold ushering in a notable slump across various digital currencies. Not only did Bitcoin’s struggle cast its shadow, but …

Continue Reading
Crypto Aid Israel Emerges as a Beacon of Help Amidst Devastating Conflict

Crypto Aid Israel Emerges as a Beacon of Help Amidst Devastating Conflict

Crypto Aid Israel, backed by Israel’s web3 sector, is establishing a multisig wallet to accept cryptocurrency donations for Israeli citizens affected by the ongoing conflict. Key Takeaways In a unified effort to provide crucial aid amidst the devastating war unraveling in Israel, Crypto Aid Israel, underpinned by Israel’s potent web3 sector, has instigated a crypto donation wallet, marking a beacon …

Continue Reading
Upbit Confronts a Whopping 160,000 Hack Attempts in 2023’s First Half

Upbit Confronts a Whopping 160,000 Hack Attempts in 2023’s First Half

Upbit faced a staggering 160,000 hacking attempts in H1 2023, double that of 2022. Security measures intensified after a 2019 hack. Rising cyber threats challenge crypto exchanges. Key Takeaways Upbit, one of the prominent cryptocurrency exchanges, has been swamped with a colossal 160,000 hacking attempts in just the initial half of 2023, marking a perturbing 2.17-fold increase from the first …

Continue Reading
JP Morgan Strategist Anticipates Possible 20% Stock Market Downturn

JP Morgan Strategist Anticipates Possible 20% Stock Market Downturn

JP Morgan’s Marko Kolanovic suggests a possible 20% stock market downturn due to consumer sector stress and differing NASDAQ performance. Key Takeaways Marko Kolanovic, J.P. Morgan’s Chief Global Market Strategist, sheds light on his somewhat pessimistic view of the stock market’s trajectory, inciting conversations about a potential 20% downturn. Appearing on CNBC’s “Fast Money,” he navigated through topics spanning from …

Continue Reading
Analyst Illuminates BTC Trading Strategy Utilizing RSI Indicator

Analyst Illuminates BTC Trading Strategy Utilizing RSI Indicator

Market analyst Ali Martinez highlights a Bitcoin (BTC) trading strategy using the Relative Strength Index (RSI) indicator, suggesting buying when RSI exceeds 74.21 and selling below 30.35. Key Points In a strategy spotlight, renowned market analyst Ali Martinez recently presented a strategy for trading Bitcoin (BTC), leveraging insights derived from the Relative Strength Index (RSI) indicator. Through his brief analysis, …

Continue Reading
Pi Network vs. WOW EARN: Make an informed choice

Pi Network vs. WOW EARN: Make an informed choice

In the populated world of the metaverse, the gateway to Web3 has become a guidepost for millions of enthusiasts around the world. Similarly, the crypto mining industry has woken up again owing to cloud mining and mobile mining options. The original concept of mining done by smartphones was introduced by Pi Network. But now the company is facing controversy and …

Continue Reading
Ethereum Slides to $1,600: A Crucial Battle Awaits Bulls and Bears

Ethereum Slides to $1,600: A Crucial Battle Awaits Bulls and Bears

Ethereum experiences a sharp drop to $1,580, facing resistance at $1,645. A breach below $1,600 might lead to further declines to $1,540. Key Takeaways In a sudden turn of events, Ethereum (ETH) has wiped its recent gains, plunging back down to a concerning $1,580 against the US dollar, and is now wrestling with bearish undercurrents. The descent was substantial enough …

Continue Reading
Tokens to Buy For Top Gains Stellar, Arbitrum and Shiba Budz

Tokens to Buy For Top Gains Stellar, Arbitrum and Shiba Budz

The cryptocurrency market is attracting investors seeking high-returning tokens. Stellar (XLM), Arbitrum (ARB), and Shiba Budz (BUDZ) are three tokens that have gained popularity due to their unique features and use cases. This article will explore their details and future prospects of each token, aiming to provide a comprehensive analysis of their potential. Stellar, Arbitrum, and Shiba Budz Overview Shiba …

Continue Reading
Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

Dubai, UAE —The Blockchain Economy Dubai Summit is generating palpable excitement within the blockchain and crypto communities, with only two weeks remaining until the event. Scheduled for October 4-5, 2023, at the Le Meridien Dubai Hotel & Conference Center, this prestigious event gathers over 3,000 blockchain entrepreneurs, crypto enthusiasts, and industry leaders from 85 countries. The Summit is bolstered by …

Continue Reading