Abu Dhabi Securities Exchange (ADX) is now featuring the first blockchain-powered digital bond in MENA, signifying a significant advancement in the region's financial sector and a step towards digitisation and decentralisation.
ADX has partnered with MENA retail marketing platform
Thndr to enhance UAE Market and introduced both traditional and new digital asset classes.
Phoenix Group, a leading cryptocurrency miner, has made a significant investment in crypto with a $150M contribution to its Bitcoin and Solar treasury which reflects a strong bullish signal, despite the roller-coaster trend of the crypto market. Renowned for its economic stability, UAE continues its venture into CDBCs and tokenised bonds with HSBC's support. Amidst the crypto market fluctuation,
Pi Coin (PI) fell by 18% but is exhibiting signs of impending recovery, suggesting a potential upsurge. Based on historical behaviours, the bullish divergence may spark one substantial Pi Coin Price movement.
Dogecoin whales, meanwhile, acquired 200 million coins post a brief dip, indicating a possible price surge in the future. One of the intriguing cases is, Fartcoin, which despite showing some risk indicators, managed to gain 30% increase in its market cap within 24 hours, reclaiming $1.2 billion. On the topic of meme coins, Pengu is closing the gap with Bonk for the top Solana Meme Coin spot. Both Bitcoin and Etherum, as market leaders, witnessed a slump due to macroeconomic uncertainty and traders unwinding leveraged positions. However, with signs of a dovish Fed, the crypto market may be due for a price surge.
ADX Coin News Analytics from Wed, 13 Sep 2017 16:36:14 GMT to Fri, 22 Aug 2025 19:51:55 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -2
