What is Anyswap – Features, Tokenomics and Rewards Distribution
What is Ryoshis Vision (RYOSHI) – Ryoshi, tokenomics, team and future plans

Dubai Formed Higher Committee for Future Technology and Digital Economy

Join the Trading Community: Learn & Earn with BingX.

Today’s Cryptocurrency Headline

The government of Dubai has announced the formation of the Higher Committee for Future Technology and Digital Economy to oversee the city’s push to become a leading global hub for metaverse technology adoption. Dubai’s crown prince, His Highness Sheikh Hamdan bin Mohammed will chair the committee. The committee is mandated to design policies and analyze trends for the digital economy and future technologies. These include metaverse, AI, blockchain, Web3, virtual reality (VR), augmented reality (AR), Internet of Things (IoT), data centers, and cloud computing.

BingX’s Bitcoin Chart

Source: TradingView & BingX

Bitcoin is down 0.4% over the last 24 hours and fell to an intraday low of $22,661.80. The relative strength index (RSI) has decreased to 52, indicating the bulls are losing their advantage. If the bulls are unable to hold the price above the 20-day exponential moving average (EMA) ($22,582), the bears will attempt to pull the pair below the 50-day simple moving average (MA) ($21,323). Conversely, if the price bounces from the 20-day EMA, the bull will attempt to push the price above $24,000.

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.