The United Arab Emirates (UAE) has been a leader in blockchain adoption — having adopted far-ranging national strategies dealing with the new industry as early as 2016 . Within the Middle Eastern country, the Emirate of Dubai is leading the charge — having leveraged blockchain technology for supply chain transparency, government transactions , and property sales — among other uses. Dubai’s Multi Commodities Centre (DMCC) is at the heart of the action. The free-trade zone, located in the Jumeirah Lake Towers (JLT) district, also hosts a bustling Crypto Centre that has attracted businesses across the globe. An exciting new plan was announced on January 15 — per Emirates 24/7, the DMCC has partnered with REIT Development to construct a 17-storey Crypto Tower in the JLT district. This ambitious development seeks to position itself as a new hub for the bustling cryptocurrency industry, fostering innovation and growth. Crypto Tower aims to attract blockchain developers and investors to the UAE The 17-storey building is set to support the DMCC’s rapidly growing community of developers — 9 floors have been reserved for crypto startups and established businesses, while three are intended for blockchain incubators, venture capital firms, and investment companies. On top of that, an entire floor will be set aside for artificial intelligence innovation. In addition, the project includes a 10,000-square-foot indoor event space, as well as a 3,500-square-foot outdoor area intended for exclusive crypto and blockchain events. Beyond the core facilities, the crypto tower will also feature an NFT art gallery, gold bullion shop, exotic car dealership, and a 5,000-square-foot vault storage area. Once all is said and done, the development will add over 150,000 square feet of leasable space to the DMCC. Brenda Stratton, the communications director at REIT development, also noted that every expense will be on-chain — in addition, the use of on-chain voting will be leveraged to streamline tenant interactions and transactions, in a bid to reduce administrative load and set new transparency standards in the industry. As ambitious as the undertaking is, construction is expected to finish in the first quarter of 2027 — and full operation should begin shortly after. Featured image via Shutterstock The post 17-storey Crypto Tower announced in Dubai as blockchain businesses thrive appeared first on Finbold .
Finbold
You can visit the page to read the article.
Source: Finbold
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bitcoin or Ethereum? We asked AI which is a better buy now that 2025 started
Bitcoin ( BTC ) and Ethereum ( ETH ) are the leading cryptocurrencies and the only two that, so far, got the United States Securities and Exchange (SEC) commission blessing to have exchange-traded funds ( ETFs ) offered in Wall Street. Now that 2025 started and the two leaders battle for market share, Finbold turned to an artificial intelligence (AI) to find whether Bitcoin or Ethereum is a better buy for this year. Looking at the ETFs, BTC is outperforming ETH year-to-date, with $483.90 million of net inflow for Bitcoin. This against $242.80 million of net outflow for Ethereum since the start of 2025, according to data from CoinGlass . Bitcoin and Ethereum spot ETFs net inflows year-to-date. Source: CoinGlass / Finbold Bitcoin (BTC) and Ethereum (ETH) price analysis year-to-date As of this writing, BTC is trading at $98,420 and ETH at $3,268. They are up 2.74% and down 4.73% year-to-date, respectively, highlighting the performance differences of both digital assets. Bitcoin (BTC) and Ethereum (ETH) price charts. Source: Finbold These prices put Bitcoin at nearly a $1.95 trillion market cap, five times larger than Ethereum’s $394 billion capitalization. Grok AI picks between Bitcoin or Ethereum as the best buy for 2025 In this context, Finbold consulted with Grok 2, an artificial intelligence model developed by xAI that challenges the legacy web . Elon Musk’s AI considered all the information we shared above, plus real-time analysis on the web, including the X platform. First, Grok mentions the price performance and ETF flows as an evidence of a higher institutional interest in Bitcoin. The higher capitalization also highlights a higher market confidence and stability on the leader rather than on Ethereum. Grok 2 on “Bitcoin or Ethereum as a better buy for 2025” – Part 1. Source: Finbold / Vinicius Barbosa Bitcoin or Ethereum: AI’s fundamental and technical analysis According to Grok’s analysis, Bitcoin positions itself as a “digital gold” seeing more as a store of value asset. Meanwhile, Ethereum has a multifaceted approach through DeFi, NFTs, and tokenization of real-world assets ( RWA ), which can accrue long-term value. Analysts have set price targets for BTC around $200,000 per coin, while ETH could reach $6,000, summarizes Grok. Notably, the AI highlights a mixed sentiment for Bitcoin and Ethereum on X, with both bullish and bearish cases. From an investment perspective, the output believes Bitcoin has lower risks, while Ethereum has higher growth potential. Grok 2 on “Bitcoin or Ethereum as a better buy for 2025” – Part 2. Source: Finbold / Vinicius Barbosa In conclusion, BTC could be a more rewarding bet in the short-term, considering recent price action and Wall Street movements, but ETH could highly benefit from a more friendly scenario on everything-crypto. On that note, even Michael Saylor, known for his Bitcoin-maximalist stance, admitted being wrong about Ethereum ’s potential. Overall, buying Bitcoin or Ethereum will depend on each investor’s strategy and risk appetite, with both offering a promising outlook for 2025 moving forward. Featured image from Shutterstock The post Bitcoin or Ethereum? We asked AI which is a better buy now that 2025 started appeared first on Finbold . Finbold
Toncoin (TON) Skyrockets 104% in Whale Moves Amid Market Shorts Liquidation
$127 million wiped out in shorts liquidations Finbold