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Showing posts with the label crypto adoption

Trump Tower in Dubai to accept crypto payments

Summary ⚈ Trump Tower Dubai will accept cryptocurrency payments for apartments priced from $1 million. ⚈ Eric Trump says the project will redefine luxury and price standards in Dubai real estate. ⚈ Crypto volatility concerns have eased with stablecoins, making real estate payments more viable. Scheduled for completion in 2029, the 47-story Trump Tower in Dubai, located on Sheikh Zayed Road, will offer a variety of purchasing plans, with prices estimated to range from $1 million for a four-bedroom apartment to $20.4 million for a penthouse. Notably, the Trump Organisation has confirmed it will accept cryptocurrency payments for property purchases, per a statement made by EVP Eric Trump to The National , a United Arab Emirates-based news outlet, on April 29. “Dubai’s real estate market is going to continue to absolutely boom and we’re going to set the kind of new standard in terms of price per square foot and luxury in the market,” Mr Trump said. T...

The rise of the 24/7 crypto revolution and how weekend trading is reshaping digital finance

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It is no secret that the traditional finance (trad-fi) sector has long operated within the confines of well-established business trading norms, typically running from Monday to Friday, 9:30 AM to 4:00 PM Eastern Time.  However, with the advent of crypto, there has been a disruption in this age-old paradigm, with the constant availability of these digital assets representing a complete democratization of finance in the digital age.  Unlike traditional markets that close for holidays, weekends, and after-hours, cryptocurrency exchanges remain operational regardless of time zones or calendar dates. As a result, traders worldwide can react to market-moving events in real-time, regardless of when they occur. Picks for you Trump's DeFi company just updated its crypto portfolio 10 mins ago ...