BitAlpha

May Crypto Overview ⬇️

⏱ Solana Network went down again for 7 hours.
🇦🇪 Dubai VARA announces plans to establish metaverse headquarters in Sandbox.
🇫🇷 Binance received regulatory approval in France.
👗 Gucci will accept crypto payments in physical stores.
📲 Instagram announces support of NFTs from 4 different blockchains.
🇸🇻 El Salvador buys dip, 500 BTC at $30,744 average price.
🇦🇪 Emirates Airlines to accept Bitcoin as a payment method.
⚡️ Vitalik Buterin believes that Ethereum 2.0 will launch in August.
👕 Balenciaga accepts crypto payments in the US.
🎮 GameStop releases its own crypto and NFT wallet.
🪙 LUNA price plummeted and delisted on all major crypto exchanges.

RIPPLE XRP

⚡ Founded: 2012
🧑🏼‍💻 Founders: David Schwartz, Jed McCaleb, Arthur Britto
🔐 Max Supply: 100,000,000,000
🔃 Circulating Supply: 48.34B XRP
⛏ Mineable: No
🏷 Current price: $0.32
💲Initial Price: $0.1
💰Max Price: $3.38
📚 Facts: XRP provides various applications such as micropayments, Defi, and soon NFTs.
👍🏻Pros: Federate Consensus Mechanism validates transactions fast and efficiently; all transactions are public and transparent; environmentally friendly.
👎🏻Cons: ongoing SEC lawsuit; Ripple banking partners only use RippleNet and not the XRP, arguably less secure than other transaction methods.

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Top 5 global cryptocurrency exchanges ⬇️

1. BINANCE
2. FTX
3. COINBASE EXCHANGE
4. KRAKEN
5. KUCOIN

Which one do you prefer?

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With its numerous services and multinational team, YBETA truly represents the ultimate place for all crypto-related operations.

Additionally, with its partner companies, YBETA assists customers in various requests related to their business operations, investments, reallocation, etc.

Have questions or inquiries? Don't hesitate to reach out. ⬇️

📞 +971 58 570 9775
📩 [email protected]
🌐 www.ybeta.io

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YBETA SERVICES

💰Instant exchange services:

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💵 CASH ➡️ CRYPTO

💰Buy anything with crypto:

🏠 REAL ESTATE
🚘 CAR
💍JUWELERY

💰 Crypto mining consulting

Have questions or inquiries? Don't hesitate to reach out. ⬇️

📞 +971 58 570 9775
📩 [email protected]
🌐 www.ybeta.io

🇦🇪 🇦🇪

April Crypto Overview ⬇️

🇮🇩 Citizens of Indonesia must pay VAT and income tax on crypto gains.
👕 Luxury brand Off-White accepts crypto as a payment method.
🇮🇳 Crypto exchange Coinbase is rapidly expanding into India.
⛏ Intel Unveils second-generation ‘Blockscale’ Bitcoin mining chip.
⚡️ Goldman Sachs will begin trading OTC Ether options.
🥊 UFC fighters get bonuses in the form of Bitcoin.
🇦🇪 Binance was approved as a digital asset broker-dealer in Abu Dhabi.
👾 Epic Games receives $2B funding from Sony and KIRKBI to build gaming Metaverse.
👨🏻‍⚖️ Ripple (XRP) announces a “very big win” in the legal fight with SEC.
🇦🇪 Emirates Airline to launch its first NFT collection.
🇷🇺 EXMO crypto exchange left Russia and Belarus.
🇩🇪 Banking giant Commerzbank applied for a crypto license.
🇦🇪 Damac Properties real estate developers will accept payments in BTC and ETH.

TETHER USDT

⚡️Founded: 2014
🧑🏼‍💻 Founders: Brock Pierce, Reeve Collins, Craig Sellars
🔐Max Supply: Uncapped, Pegged to USD
🔃 Circulating Supply: 73.28B USDT
⛏ Mineable: No
💵 Current price: $0.99
💸 Initial Price: $0.6
💰Max Price: $1.07
📚Facts: USDT is a stable coin pegged to USD.
$1= 1 USDT
👍🏻Pros: always stable; secure; present on almost all crypto exchanges; easy conversion; fast transactions; high capitalization.
👎🏻Cons: not regulated by FUD; not fully audited by independent third party; centralized; not possible to mine.

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Top 3 reasons you should take advantage of your crypto assets in the Dubai market. ⬇️

1. Crypto-friendly regulations. Whether you are seeking to invest in Dubai, exchange your crypto for cash or buy crypto with cash, the current laws are supportive regarding crypto transactions and companies operating in this area. 📚

2. Unlimited business opportunities. On the Dubai market, you can easily invest in real estate, high-value possessions, and businesses using solely crypto assets. Moreover, crypto payments are expanding to numerous areas, opening additional business opportunities and attracting business owners to rethink relocating their operations and headquarters to UAE. 💼

3. Growing market. With a high level of innovation and expansion, Dubai has become the no.1 choice for business owners. The number of people with different needs gravitating in this region is growing daily, showing a stable positive trend in generating various opportunities. 🚀

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One of the top-visited and recommended cities this year is, without any doubt, Dubai.
When it comes to running a business here, the benefits are apparent. From favorable regulations to fast processing and digitization, the trends show that operating in this market generates long-term growth and development for numerous businesses.

To learn more about how you can set up a business in UAE and make it profitable, book a consultation on www.skg.ae

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