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#AirdropStepByStep Airdrops are the go-to strategy in this fast from crypto world. It promotes different blockchain projects to be recognized, gain communities and find its tokens in the hands of potential users. Simply put, an airdrop is the process of distributing free crypto coins or tokens. An excellent tool to incentivize early supporters, engage individuals or launch a new community.
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🇦🇪 UAE set to launch dirham-backed stablecoin Three of the UAE’s largest financial institutions, including First Abu Dhabi Bank (FAB), have joined forces to launch an all-new stablecoin. The new digital currency is designed to provide safe and fast payments both locally and globally. 🥇 With this move, Abu Dhabi aims to become a global leader in the crypto and fintech sectors. #AbuDhabiStablecoin
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🔔 In Scotland, you can now pay for school with crypto Lomond School in Scotland has become the first in the UK to officially accept Bitcoin payments for tuition. 🪙 Starting this autumn, student families will be able to use BTC as an alternative to traditional payment methods. Lomond School is well known for having John Logie Baird — the inventor of television — among its alumni. #PayWithCrypto
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📊 Bitcoin ETFs attract over $590M in a single day Spot bitcoin ETFs in the U.S. recorded a net inflow of $591 million on Monday. 💰 The only fund with a positive net inflow was BlackRock’s IBIT, which attracted $971 million. ARKB by Ark and 21Shares saw an outflow of $226 million, while Fidelity’s FBTC registered an outflow of $87 million.$BTC #BTCETFS
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💰 Trump’s VIP dinner triggers $2.4B in on-chain activity The announcement of a VIP dinner for the top 220 holders of the TRUMP memecoin sparked a surge in activity, with onchain transaction volume exceeding $2.4 billion 📈 Analysts at Kaiko expect another spike in trading closer to the end of the contest, as users move tokens onchain to qualify among the winners #TRUMP
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