Key takeaways Dubai now has clear laws for buying property with crypto via VARA and the UAE Central Bank. Major developers like Damac and Emaar accept BTC, ETH and stablecoins for property sales. Crypto payments are faster, cheaper and easier for global buyers. Stablecoins and tokenized real estate are driving Dubai’s next property boom. It’s…
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Opinion by: Fahmi Syed, president of the Midnight Foundation Stablecoins have become the most sought-after innovation in blockchain since Bitcoin. Their appeal lies in their undeniable utility, offering the speed and flexibility of digital assets with the stability of fiat, becoming a natural link between traditional finance and decentralized systems. Now, stablecoins are enjoying a…
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A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB). In a blog post published Monday on the ECB’s official website, adviser Jürgen Schaaf outlined a range of strategic options for the European Union to address…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings remained unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission…
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Japanese investment firm Metaplanet has purchased an additional 780 Bitcoin, reinforcing its position as the only non-US company among the top 10 corporate Bitcoin holders. The company disclosed the acquisition in a Monday announcement. Following its latest Bitcoin (BTC) purchase, Metaplanet’s holdings reached a total of 17,132 BTC, with an average purchase price on the…
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Cryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows, even as Bitcoin funds saw minor outflows. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows during the trading week ending Friday, according to a Monday report from European crypto asset manager CoinShares. The latest inflows came despite heightened…
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Bitcoin (BTC) heads into the July monthly close eyeing $120,000 as a BTC price rebound holds firm. BTC price action is giving market participants cause to expect all-time highs again, but the threat of a $113,000 comedown remains. A giant week of US macro data combines with the Fed meeting on interest rates amid pressure…
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Five US Senate Democrats have probed the head of the country’s housing finance agency over his plan to consider how crypto can be counted in the approval process for certain mortgages. The senators, led by Jeff Merkley, sent a letter to Federal Housing Finance Agency (FHFA) director William Pulte on Friday asking him to explain…
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Key points: Bitcoin stages a late comeback into the weekly close as price approaches important liquidation zones. Traders and analysts emphasize various key price points to reclaim next. Volatility is expected based on large-volume trading behavior, analysis reports. Bitcoin (BTC) surged above $119,000 Sunday as bulls extended a rebound from two-week lows. BTC/USD 1-hour chart.…
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Opinion by: Dr. Scott Lehr In the early 2000s, getting a loan in the United States without verifying your income or assets was possible. It was called a “no-doc” or “low-doc” loan. The aim was to help self-employed or contract workers, but it was widely abused. Today, lenders verify income, assets, debt and employment. Whether…
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