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Is Bitcoin Halal or Haram? Here’s What Islamic Scholars Are Saying

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Bitcoin and other crypto assets have Islamic scholars racking their brains as they attempt to discern how this new technology fits into Islamic finance, a concept that already dates back 1,400 years.  Read on to discover the opinions of various Islamic scholars and an answer to the question: Is Bitcoin halal? What Makes Something Halal or Haram in Islamic Finance?  Islamic finance encompasses financial activities that comply with Sharia law — guiding principles drawn from the Quran and the sayings of Prophet Muhammad.  Based on these Islamic rules, some financial activities are allowed (halal), while others are prohibited (haram). That means Islamic finance isn’t at all like traditional finance , as some practices are forbidden for religious reasons.  For example, charging excessive interest, riba , on loans is deemed an exploitative activity because it favors the lender and takes advantage of the borrower.  Other haram activitie...

Calvaria Presale Raises $1 Million In 2nd Week of Presale — What To Expect Ahead?

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Join Our Telegram channel to stay up to date on breaking news coverage Calvaria is a fantasy card game with epic battles that you may play for money. The blockchain-based platform Calvaria has successfully raised $1,000,000 in a short two-week presale. They are already three stages into a ten-stage presale, and early investors stand to make a 175% yield on or before the presale concludes. An investment of $9.75 million is sought for the project. Early Investors Benefit Big Time Calvaria’s native token, RIA, was initially sold for $0.010 at launch. In this third iteration, the token’s price has increased to $0.020. In the tenth and last pre-sale round, the price is $0.055. Once stage three fundraising hits $1,350,000, the token price will increase to $0.025. Due to the high demand for tokens, potential buyers should act quickly. In the presale, you may purchase RIA using either USDT or ETH. First -stage investors may expect a 450% return at the end of the 10th st...

Dogecoin Price Pumping Hard; How High Will It Go?

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Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin’s price has been doing incredibly well since Elon Musk bought the entire site for $44 billion the week before, as his tweets have a huge influence on the cryptocurrency’s value. When Elon Musk posts something on Twitter, it tends to send the value of Dogecoin skyrocketing. Will DOGE Hit the $1 Mark?   There has recently been a lot of attention placed on the fact that the price of one Dogecoin will eventually equal one dollar for quite some time now. Reddit users who are passionate about Dogecoin were the ones who first proposed this objective. Ever since major players like Elon Musk have joined the Dogecoin community, there has been a resurgence in the number of people advocating for the value of DOGE to hit $1. Many people feel that considering how near DOGE got to hitting the $1 objective during the previous bull market, the aim ought to be much simpler to attain during the curre...

Is avril15 Going to Replace Reddit or Aptos NFTs as The Next Big Project?

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  avril15 beating the bear market? avril15 has just shown the bear market how to be successful with their most recent non fungible token selling for 12.25ETH after an epic bidding war between two collectors.  If you’re not in the loop, avril15 is a collection of NFTs released in seasons, hand drawn in ink and coloured digitally. The NFTs have traded over 350ETH since launch, with a passionate and devoted community championing this collection. Since launch, avril15 Season One has exploded with a floor price of 2.8ETH from a mint price of 0.15ETH, trading nearly 200ETH for only 150 NFTs. Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The famous actor Seth Green has recently become a holder, investing over 8ETH in a selection of avril15 NFTs, a clear sign of belief and how far this project reaching from its home in Brighton, UK. Seth Green isn’t the on...