DeFI News by Thebittimes.Com

Cryptocurrency adoption is growing at a remarkable pace, surpassing major technological advancements. According to data from BlackRock, the number of crypto users has reached 300 million in just 12 years. This adoption rate is 43% faster than mobile phones and 20% faster than the internet. Several factors contribute to this rapid growth, including the rise of Bitcoin exchange-traded funds (ETFs) and the increasing participation of both retail and institutional investors.   Moreover, the regulatory environment in the United States has also become more favorable, providing clarity and encouraging further investment. As the market expands, investors are looking for the best crypto to buy right now . This article focuses on projects with long-term growth potential and active development. Best Crypto to Buy Right Now Helium’s price has surged by 7.42% in the past 24 hours, reaching $3.75, reflecting growing market interest. Meanwhile, Sui has partnered with Dark Machine, a...

Amid the $10 trillion asset manager’s recent foray into the cryptocurrency sector, BlackRock has officially received a license to operate in the crypto-friendly Abu Dhabi. Specifically, the firm has obtained a commercial license to operate in the capital of the United Arab Emirates (UAE), according to Bloomberg. The approval was granted Monday and reportedly reflects the asset managers expanding business interest in the region. Moreover, the report notes that the firm is also looking to gain more operational licenses, specifically for a presence in the Abu Dhabi Global Market (ADGM). Source: CNBC Also Read: BlackRock’s Spot Bitcoin ETF Officially Surpasses Its Gold ETF Spot Bitcoin ETF Issuer BlackRock Gets Abu Dhabi License At the start of the year, Bitcoin got a massive boost by becoming the first crypto-based ETF in the United States. The pursuit to get the product approved was boosted by the firms that stood behind the idea. Specifically, asset managers like BlackRock an...