Author: NBTC

eToro and Centroid Solutions are actively adding products from the Middle Eastern financial markets. While eToro signed an agreement with the Abu Dhabi Securities Exchange (ADX) to include several ADX-listed stocks on its platform, Centroid integrated Aljazira Capital to offer its clients access to the Saudi financial markets. The Rush to Add Middle East-Specific Products Recently, NAGA Group also included stocks listed on the exchanges of the United Arab Emirates and Saudi Arabia. This was followed by Scope Markets, which enabled access to the Dubai and Abu Dhabi markets through two new equity indices. Cristian Vlasceanu, CEO of Centroid Solutions,…

Bitcoin’s price is still struggling to rise above the $100K level after just wicking above it last week. Yet, the market structure indicates that it could only be a matter of time. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the price has been gradually climbing over the last few weeks as the market has slowed down following the breakout above the $90K level. Yet, while BTC briefly traded above $100K last week, it has not been able to continue higher or stay above this level. Meanwhile, as the market structure remains bullish and the…

The Hong Kong Treasury Department does not consider crypto to be a ‘target asset’ for the nation’s Exchange Fund, even though it does invest a small portion of funds into crypto assets. According to local media outlet On CC, Hong Kong Councilor Johnny Ng suggested that the government should consider adding cryptocurrencies into its fiscal reserves. Ng said that the government could use the Hong Kong Exchange Fund to hold and buy crypto assets. Secretary for Financial Services and the Treasury, Joseph Chan responded to Ng’s request with a written letter, explaining that crypto assets are not the “target asset”…

This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins. Bitcoin (BTC), Notcoin (NOT), and Dogecoin (DOGE) have emerged as their top choices. Bitcoin (BTC) BTC currently trades at $67,871, noting an 11% price uptick over the past week. As the leading coin approaches its all-time high, BTC whales have steadily increased their coin holdings. Over the past seven days, crypto whales that hold between 10,000 and 1,000,000 coins have added 20,000 coins valued above…

After a month marked by enthusiasm, Bitcoin (BTC) is approaching critical price levels that warn investors of a potential bear. The world’s n°1 cryptocurrency has dropped by about 5% from the highs at 104,000 dollars and now it could reverse its short-term structure. The fractal of the Bitcoin chart compared to gold suggests a possible 35% drop from the highs, which would coincide with the beginning of the cold bear market. Have we truly reached the top of this market cycle, or are there still pleasant surprises awaiting us in the coming months? Bitcoin (BTC) price down 5% from highs:…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In recent years, non-fungible tokens have sparked a lively debate in both the art world and broader cultural discussions. From their role in high-value digital art sales to their perceived association with speculative bubbles, NFTs are often viewed through a polarized lens. You might also like: Museums, AI-generated art, blockchain, and NFTs | Opinion Yet, beneath the buzz and controversy lies a transformative technology that revolutionizes how we preserve, authenticate, and engage with art and culture. NFTs…

Abu Dhabi, UAE — Beam Ventures is set to launch the first-ever venture fund and accelerator dedicated exclusively to gaming in Abu Dhabi’s financial center, ADGM. Backed by a $150 million fund, Beam Ventures aims to accelerate game developers and early-stage startups, further solidifying Abu Dhabi’s status as a global gaming powerhouse.—Positioned at the crossroads of blockchain, gaming, and artificial intelligence (AI), Beam Ventures is poised to drive industry growth and redefine gaming experiences. By providing funding, mentorship, and strategic resources, Beam Ventures seeks to empower the next generation of game developers and early-stage founders, fostering a culture of innovation…

BlackRock is in early talks to list its tokenized money market fund as collateral for derivatives trading on exchanges including Binance, Deribit and OKX, Bloomberg reported. Ondo’s governance token spiked to 79 cents before paring gains, still up nearly 9% over the past 24 hours. Tokenized money market funds as collateral allows traders to keep earning a yield while using them for margin for trading, as opposed to posting stablecoins for collateral. Real-world asset tokenization platform Ondo Finance’s governance token (ONDO) spiked 8% on Friday following a report about asset manager BlackRock’s push to list its tokenized money market fund…

Two South Korean major crypto exchanges, Upbit and Bithumb, will list MOVE on the same day, Dec. 9. Both exchanges will open trading for the token at 21:00 KST. Upbit and Bithumb will list utility tokens from Movement Labs, an Ethereum (ETH) layer 2 solution, simultaneously on Dec. 9 at 21:00 KST. Though based on the information from Upbit’s notice, since this is the first time MOVE will be listed for global trading support, there is a chance that the scheduled listing time for the token might change. The exchange will let users know if the launch time for MOVE…

Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it had participated in the pre-seed funding round of Quine Co., the core contributor to the Perena stablecoin platform. The investment aims to accelerate the adoption of stablecoins on Solana (SOL). This ecosystem already benefits from Perena’s decentralized finance focused solution. You might also like: Binance partners with Circle to drive global USDC adoption Circle, Paxos, PayPal and Hong Kong-based stablecoin issuer First Digital are among platform to bring stablecoin support…