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Crypto in MENA-7

Egypt, Jordan & Pakistan attend meeting to discuss Bitcoin in El Salvador 

Nayib Bukele ,El Salvador President, announced on Twitter that 32 central banks and 12 financial authorities from 44 countries, meet on Monday, May 16, to discuss financial inclusion, digital economy, banking the unbanked, El Salvador’s Bitcoin rollout and its benefits in the country.

News

A Terra-ble Turn Of Events

Terra LUNA is a Layer 1, Smart contract blockchain, able to host an array of applications. Its underlying blockchain technology leverages that of a Cosmos Software Development Kit (SDK) and has flourished to great heights... until recently.

News

Weekly Crypto Market Recap 7

Last week was all about treating the bruises and trying to draw the right conclusions from the negative price developments triggered by Luna’s and UST’s unexpected landslide. Fortunately, the market seems to have got a grip, and it could be ready for a rebound in the near future—see what other, notable events happened during the past seven days that can contribute to positive times to come.

Industry Insights

Bored Ape Yacht Club analyzed: Daily NFT Spotlight by Rain

Non-Fungible Tokens (NFTs) have completely reinvented the way we think about digital ownership, and Bored Ape Yacht Club (BAYC) was among the first collections that introduced the world to this industry with massive potential. Today, we’ll take a closer look at BAYC, namely how it started, how it’s going, and what’s ahead for this NFT project.

Trading & Investing

Solana, Tron, Avalanche: Which will kill Ethereum?

Ethereum is the current king of smart contract based versatile crypto ecosystems, both in terms of market cap and overall user base. However, the giant seems to be moving slowly when it comes to implementing solutions to its limitations. Other platforms, like Solana, Tron, or Avalanche, are seizing the opportunity, and are attempting to dethrone Ethereum. Which has the best chance of doing so, and is this even possible? Let’s find out.

Industry Insights

Will blockchain oracles, like Chainlink (LINK), blow up?

Blockchain oracles are arguably among the most underrated participants of the crypto space. Without them, most blockchains would be unable to communicate with the non-crypto world, which would prevent countless synergies and the true mass adoption of crypto ecosystems. In this article, we’ll take a look at how things can change for blockchain oracles, like Chainlink (LINK), and whether they can become the next hit of the industry soon.

News

Technical chart analysis: Spot patterns like pros

Crypto trading is not just about intuition and fundamentals, if one knows where to look. In fact, most professional traders don’t even consider their traded assets goals, vision, and achievements; all they analyze is their price action, and the patterns their charts form. Today, we’ll take a look at the most popular technical price chart patterns, and show you how to use them to your advantage.

Opinions

Crypto profit analysis: What returns should crypto traders aim for

Setting the correct expectations is vital for beginner and more advanced crypto traders alike, and it includes targeting realistic returns before actually starting with trades. As this can sometimes be challenging, we created a guideline below that showcases the aspects, numbers, and everything else you need to consider if you want to realistically determine and reach your profits.

Opinions

FUD (Fear Uncertainty Doubt): What it is, and how to fight it

FUD (Fear, Uncertainty, Doubt) is an often used term in the crypto world, but many are not aware of what it actually means, and how to overcome it. In this article, we’ll explain what could cause FUD, what it actually is, and how effectively to fight the strong feelings that usually come with it.

Industry Insights

Dubai’s VARA leads the way in the Metaverse

Dubai’s Virtual Assets Regulatory Authority (VARA) recently opened its Metaverse-based headquarters in the virtual world of ‘The Sandbox’. VARA becomes the world’s first regulatory authority to make a debut in the Metaverse - a move that enhances the regulator’s role in new industries and allows easier facilitation of collaboration and engagement with stakeholders looking to enter into the metaverse space. Dubai through VARA is the first government authority to embrace virtual assets so comprehensively making it a leader for innovation in the future of both money and the internet. VARA is building a robust economic sector that will positively impact the nation’s economy and attract talent from across the region and the globe.

Opinions

MENA Headlines

Arab-developed Bitcoin trading bot set to revolutionize crypto investing  

The fully automated algorithmic bot was developed in Jordan with the aim of revolutionizing how people invest in crypto.  The AI-powered bot will bridge the gap between traditional finance and the future of money - allowing people to invest and limiting potential losses.

Trading & Investing

1,000% profit with crypto: how is it possible?

When learning about crypto trading, you might have come across various sources that hint potential 1,000% gains and more overnight. While profiting this much in 24 hours is certainly not standard practice, there is a fairly straightforward way of actually reaching this number with only a few hours a day, and in this article, we’ll explain how to attempt it.

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Rain is licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider. We are headquartered in the Kingdom of Bahrain

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