Author: Samantha Mitchell

Sam Mitchell is a Freelance Writer & Fitness Instructor from South Africa, living in Australia. She comes to the team with extensive writing and Social Media experience, covering a wide variety of genres from blog posts, book reviews, Whitepapers, blogs and guides to news pieces...and more. Sam has been Freelancing for over 17 years, working with many different clients. You can get in touch with Sam at www.stmwritingsolutions.com

Robinhood is a leading investments platform that allows users to invest in Crypto by paying through conventional payment options such as Credit and Debit Cards. Two years ago, the Menlo Park, CA-based fintech firm shelved its plan to expand into the UK market. However, this is due to change after Robinhood signed a deal to acquire Ziglu, a London-based fintech firm that offers similar Crypto solutions. With approval and accreditation from the UK Financial Conduct Authority (FCA), Robinhood will have the authority to operate in the UK, tapping into the growing Cryptocurrency market not only in the country but the European Union…

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According to Etherscan, the Ethereum Foundation holds 80.5% of its assets in ETH, which is an equivalent to $1.294 billion. The latest report for the first quarter of 2022 says this is what details how the nonprofit organization accounts for its $1.6 billion capital. Non-crypto assets and other investments follow at a distant second at 18.8% or $302 million. Lastly, the Ethereum Foundation holds $11 million or 0.7% in other Cryptos. At a market capitalization of $366 million according to Coinmarket cap, the foundation only holds 0.3% of Ethereum tokens in circulation. It does not, therefore, have any capacity to manipulate market…

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The Abu Dhabi Global Market, through its regulatory agency, the Financial Services and Regulatory Authority (FSRA), has given Binance the nod to operate in the United Arab Emirates. Binance exchange will now offer healthy competition to FTX, which was granted its license last month. To oversee its operations in the new market, Binance will establish its regional headquarters in Dubai. This is in line with CEO Changpeng Zhao’s mission to make Dubai the Cryptocurrency revolution center. Reacting to the approval, Richard Teng, the Binance regional head for the Middle East and North Africa (MENA), has confirmed to the Arab News…

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UAE’s financial center, the Abu Dhabi Global Market, invites discussions regarding decentralized finance. According to Emmanuel Givanakis, CEO of the Financial Services Regulatory Authority (FSRA), there is a need to identify and address risks associated with the adoption of DeFi. The discussion is expected to create a comprehensive guideline that will streamline the adoption of DeFi. The FSRA recognizes that this new technology has the potential to deliver efficient and tailored financial services.  FSRA Is Focusing on Identifying DeFi Risks The FSRA invitation is anchored on risk reports from leading financial institutions. For instance, the World Economic Forum has outlined…

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When the clock struck midnight in New York, a Bitcoin rebound was confirmed, with the price surging to $41,388.27. Coinmarket Cap data shows that BTC surged by 3.4% in the last 24 hours at the time of writing. The rebound softens the 7-day sharp drop to 4.56%, ending weeks where buyers had an upper hand. Comparing the current price to the short-term low of $39,472 that was set on the 4th of April, it can be seen why technical analysts are positive that the rebound will be sustained.  Technical Analysts Believe that BTC May Hit $51,000 According to Katie Stockton, co-founder of Fairlead…

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Influential global celebrity Justin Bieber has confirmed his MoonPay investment. Other celebrities who have invested in MoonPay include; Snoop Dogg, Ashton Kutcher, Shawn Mendes, Gwyneth Paltrow, Drake, Matthew McConaughey, Chainsmokers, Jason Derulo, Kate Hudson, Paris Hilton, Eva Longoria, Questlove, and Mindy Kaling, to name a few. The more than 60 investors have collectively contributed $87 million in the latest funding round. This contribution brings the total capital to $ 555 million, which has skyrocketed the value of the Miami-based startup to $ 3.4 billion. The celebrity endorsement is expected to spur the adoption of digital assets. The awareness is timely in the current…

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Interest in digital assets is at an all-time high. Investors are divesting from traditional assets such as property and stocks because of increasing volatility in financial markets that have marginally reduced returns on investments. Scott Melker, popularly known as the ‘Wolf of All Street’, is leading the new way of trading by embracing crypto hodling for wealth maximization. As of 6:00 GMT, trends indicate that the current crypto market is a buyer’s market. A Coinmarket Cap review shows that the bearish cycle has been consistent in the last 7 days. This scenario presents an ideal investment opportunity for new investors who…

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Coinbase has withdrawn support for a payment system in India known as Unified Payments Interface after the country’s government announced that it did not know anything about a crypto exchange that uses UPI. Coinbase is a crypto exchange company that is based in the US. When you try to use the UPI method through Coinbase’s mobile app, you will get a notification stating that it is impossible to use the payment method because the service is unavailable for now. Presently, Coinbase customers in India can only use the IMPS payment method. Customers are only allowed to sell using this method.…

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Michael Novogratz, CEO of Galaxy Digital, is optimistic about a Bitcoin bullish run but pegs its return on the Federal Reserve, pausing on raising the interest rates. Novogratz spoke at the Bitcoin 2022 conference in Miami when he made the remarks. The wealthy crypto investor warned of “very hawkish” feds given the current state of inflation in the markets at the moment. He predicts that the Jerome Powell-headed Federal Reserve might raise the interest rates by 50 basis points soon. Novogratz expressed his confidence in Bitcoin going to the moon once the Feds lay back on raising interest rates, resulting…

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Reports show that Bitcoin investments have yielded a positive return on investments in the last five years. The growth can only be commendable, with a compounded annual growth rate (CAGR) of 108% in 5 years between Dec. 31, 2016, and Feb. 28, 2022. In comparison, Crypto Fund has registered a CAGR of 133% in the same period, according to Off the Chain Capital. According to the fund’s CEO and CIO- Brian Estes, the mission of the fintech firm is to provide an ideal investment platform. They aim to allow endowment funds, high net worth individuals, and corporates to diversify their…

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