Islamic Investors About to Flood Crypto Markets – Here’s Why!
Published: 2024-10-26
Status:
Available
|
Analyzed
Published: 2024-10-26
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Islamic Finance industry is projected to grow by 50%, reaching $6 trillion by 2026.
"according to a 2023 report the Islamic Finance industry is expected to be worth around $6 trillion by 2026 meaning a 50% growth rate in just the next 2 years"
Pending
$200 billion in crypto investment is expected if 5% of the Islamic Finance industry's assets flows into the crypto market.
"if even 5% of this money was to flow into the crypto industry that would mean $200 billion in crypto investment"
Pending
Bybit is offering 18 Sharia-compliant cryptocurrencies including USDC, USDT, BTC, ETH, SOL, XRP, ADA, MATIC, AVAX, LINK, LTC, BNB, ATOM, ETC, UNI, XLM, ALGO, and XTZ.
"the list currently includes 18 these are usdc usdt BTC eth Soul xrp Ada Max pole Avalanches avax link Litecoin BNB atom ethereum classic Unis swaps uni Stella's xlm algo and tezo's xtz"
Pending
Bybit has launched the first Sharia-compliant Islamic crypto account, offering spot trading for 75 Sharia-compliant cryptos and a DCA trading bot.
"bybit has created the world's first Sharia compliant Islamic crypto account on its platform this move allows bybit to offer spot trading for 75 Sharia compliant cryptos offers a DCA trading bot and much more all without compromising Islamic principles"
Pending
The increasing Sharia compliance and interest from Islamic investors could be a major catalyst to kickstart a crypto bull market, beyond just a short-term pump for BTC.
"this doesn't just present an opportunity for BTC to enjoy a short-term pump this could be one of the key catalysts to really Kickstart the crypto bull market"
Pending
Stellar was certified as the first Sharia-compliant blockchain for payments and asset tokenization in July 2018.
"back in July 2018 the Sharia review Bureau named Stella as the first Sharia certified blockchain to be used for payments and tokenizing assets on chain"
Pending
Ethereum was deemed compliant with Islamic religious law by Amman Advisors, over a year after Stellar's certification.
"ethereum followed just over a year later with Amman advisers a Sharia advisory firm naming eth as compliant with Islamic religious law"
Pending
Algorand received Sharia certification from Bahrain's Sharia Review Bureau.
"two months later algorand received the same certification from bahrain's Sharia review Bureau"
Pending
The Islamic Finance industry is projected to grow by 50% from $4 trillion to $6 trillion by 2026.
"the Islamic Finance industry is worth around $4 trillion dollar... and according to a 2023 report the Islamic Finance industry is expected to be worth around $6 trillion by 2026 meaning a 50% growth rate in just the next 2 years"
Pending
Billions of dollars are anticipated to flow into the crypto market, driven by interest from the Middle East.
"billions of dollars could be about to flow into the crypto Market from the Middle East and Beyond"
Pending
If 5% of the Islamic Finance industry's capital flows into crypto, it could represent $200 billion in investment.
"if even 5% of this money was to flow into the crypto industry that would mean $200 billion in crypto investment"
Pending
Bybit launched the world's first Sharia-compliant Islamic crypto account.
"popular crypto exchange bybit has created the world's first Sharia compliant Islamic crypto account on its platform"
Pending
Bybit's Islamic crypto account will offer spot trading for 75 Sharia-compliant cryptocurrencies and a DCA trading bot.
"this move allows bybit to offer spot trading for 75 Sharia compliant cryptos offers a DCA trading bot and much more all without compromising Islamic principles"
Pending
Bybit's initial list of 18 Sharia-compliant cryptos includes USDC, USDT, BTC, ETH, SOL, XRP, ADA, MPL, AVAX, LNK, LTC, BNB, ATOM, ETC, UNI, XLM, ALGO, and XTZ.
"the list currently includes 18 these are usdc usdt BTC eth Soul xrp Ada Max pole Avalanches avax link Litecoin BNB atom ethereum classic Unis swaps uni Stella's xlm algo and tezo's xtz"
Pending
The increasing Sharia compliance in crypto could act as a significant catalyst for a crypto bull market.
"this could be one of the key catalysts to really Kickstart the crypto bull market"
Pending