Dubai, April 17, 2024 – The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai.
Tether News
The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience.
The upcoming Blockchain Life 2024 Forum is set to be a game-changer for industry professionals and crypto enthusiasts from all over the world. With a lineup of renowned speakers confirmed, including the Founder of Tron, CEO of Tether, and CEO of Ledger along with many other leaders of the global crypto market.
In the expansive world of blockchain and cryptocurrency, the burgeoning use of smart contracts has transformed how we interact with digital assets, enabling autonomous agreement execution without intermediaries.
On April 15-16, Blockchain Life 2024 is going to prove its status as one of the main crypto events of the year bringing together over 8,000 crypto enthusiasts and thousands of international companies in the globally recognized crypto capital of Dubai.
As the market bounces there has been a surge of discussions, on social media particularly about the recent news concerning ETFs.
If the price of Bitcoin hovers, around $43,200 then the estimated value of these options would be $185 million.
The stablecoin market has seen some changes on the Ethereum and Tron blockchains.
The anticipated approval of a U.S. spot Bitcoin ETF could trigger a substantial increase in Bitcoin’s market value, mirroring gold’s growth post-ETF introduction.
Ethereum maintains upward trajectory with increased DApp metrics and NFT dominance, as Binance navigates significant regulatory fines and shifts in the crypto market.
Following its September 2023 rebranding, Justin Sun’s cryptocurrency exchange HTX faced two significant hacking incidents, with the latest attack resulting in a $97 million loss.
Dubai, October 25, 2023 – The 11th edition of the Blockchain Life Forum, widely recognized as the premier meeting point for global cryptocurrency leaders, concluded with a gathering of over 7000 attendees from 120 countries.
In a recent analysis titled “The Relentless Rise of Stablecoins,” Brevan Howard Digital delved deep into the world of stablecoins, revealing some astonishing figures.
The stablecoin economy has shown resilience despite a relatively lackluster performance over the past 30 days, with fluctuations slightly above or below the $124 billion mark. In the past 24 hours, the global trade volume for fiat and commodity-pegged tokens reached an impressive $11.55 billion.
In a recent development, FTX, a prominent cryptocurrency exchange, has been granted permission to liquidate its vast digital asset holdings, amounting to approximately $3.4 billion.
The cryptocurrency world has witnessed a notable reshuffling in the stablecoin sector, with Tether (USDT) experiencing a decline in its market capitalization for the first time in nine months.
In May, the FBI seized nearly $400,000 worth of cryptocurrency from Binance accounts linked to U.S. residents, according to an announcement filed this month.
Stablecoin provider Tether’s second-quarter financial audit revealed a significant increase in Bitcoin reserves, which increased by $170 million from the first quarter to a total value of $1.67 billion.
The cryptocurrency space is no stranger to controversy, with debate surrounding issues of regulation and institutional adoption. Amid the din, however, some voices are authoritative.
Driven by the potential benefits of the Bitcoin spot ETF, BTC quickly rose to around $30,000, and then experienced three weeks of shocks, failing to break through the previous high many times.
Since the LUNA thunderstorm and the Silicon Valley Bank thunderstorm triggered a series of black swan events such as the decoupling of the world’s second largest encrypted stablecoin USDC, the market’s distrust of the concept of stablecoins seems to have reached a threshold.
According to a June report published by ARK Invest, the supply of Bitcoin that has not been affected for at least a year has reached an all-time high.
Ethereum gas usage, especially in the context of stablecoins and non-fungible tokens (NFTs), has reached a major milestone, according to the latest data.
The second-largest stablecoin by market cap, USD Coin, was rescued by the government in March, proving that it can indeed compete with banks.
On April 19, the U.S. House of Representatives Financial Services Committee held a hearing on stablecoin regulation.
FTX, a major cryptocurrency exchange, has filed a Statement of Financial Statements (SOFA) report with the U.S. Bankruptcy Court in Delaware on March 17.
Blockchain analysis firm Glassnode recently revealed that Bitcoin has been fluctuating between several popular and widely observed technical analysis pricing models.
What exactly caused the USDC to unanchor, what were the collateral effects, what was the liquidity of the crypto market during the crisis, and how did the market recover?