UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.

Timeline of Bitcoin

On the 15th anniversary of Satoshi Nakamoto publishing the Bitcoin white paper, Modern Consensus has gathered a selection of tributes – a mix of the poignant, the thought provoking and since SEC Chair Gensler felt the need to get in on the act, the clownish. Bitcoin Magazine One of the very first publications devoted to Bitcoin, it was co-founded in 2012 by a 17-year-old Vitalik Buterin, whose father had piqued his interest in the young technology the year before and who went on to invent Ethereum, announcing it in his own white paper in November 2013.

Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), on Tuesday wished Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC) on the 15th anniversary of Bitcoin's white paper with a special tribute on Halloween. What Happened: Taking to X (formerly Twitter), Gensler pondered whether Nakamoto, the elusive figure behind Bitcoin, would choose to dress up as themselves for the occasion.

Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year's ‘Uptober.'

The crypto world is abuzz as U.S. President Joe Biden's administration issues a game-changing executive order that could have far-reaching implications for the cryptocurrency market.

On October 31, 2008, an individual using the pseudonym Satoshi Nakamoto sent shockwaves through the world of finance by sharing the Bitcoin white paper with a select group of cryptographers. This document, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” outlined the foundation for what would become the world's first cryptocurrency.

With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if.

The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016. Early Tuesday, the bank tweak the curve control program in what appears to be a stealth hawkish move.

Luke Bryoles, a Bitcoin advocate who thinks the world's most valuable network will save people's energy, is bullish. On October 30, Bryoles said the coin could rally to $3 million, and all it needs is to be “100X from today.

Global asset management firm Alliancebernstein's research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on the ETF applications,” the firm's analysts said: “The probability of an approval by the Jan.

With the first U.S. spot Bitcoin ETF seemingly in sight, it has seemed like the entire crypto industry is optimistic about how such a product could bolster Bitcoin's legitimacy in the investing world, ignite institutional adoption, and send the price of BTC to the moon.