Summary I am downgrading MSTY to HOLD as Bitcoin and MSTR have entered a consolidation phase, reducing implied volatility and option income potential. MSTY's dividend yield has dropped significantly and now sits below its historical average. Technical indicators like narrowing Bollinger Bands and neutral RSI readings suggest subdued volatility for both Bitcoin and MSTR stock. Unless macro or regulatory shocks reignite volatility, I expect MSTY’s yield to remain below average. MSTY ETF: Previous Thesis and New Developments I published my last article on Yieldmax MSTR Option Income Strategy ETF (NYSEARCA: MSTY ) on February 27, 2025. In this piece, titled "MSTY Is A Buy Due To Peak Yield And Implied Volatility." I recommended a buy rating after considering the implied volatility of the MSTR stock underlying the ETF. Quote: I recommend a buy rating for YieldMax MSTR Option Income Strategy ETF due to its current 160%+ dividend yield and high implied volatility of MSTR stock. Both readings are near peak levels since the fund 's inception, adding up to a very skewed reward/risk curve. Looking ahead, I see Bitcoin price to display large volatility due to a mix of ongoing catalysts. This should keep MSTR IV at elevated levels and help to sustain MSTY 's high yield. Seeking Alpha Since that time, there have been a few developments evolving around this ETF that have materially changed my assessment. In the remainder of this article, I will elaborate on the top 2 on my list A) the latest technical trading patterns of Bitcoin (BTC-USD) and Strategy (MSTR) stock, and B) the dividend yield decrease. My conclusion from this reexamination is twofold. First, I believe MSTY's underlying assets have entered a consolidation phase since my last writing, which would in turn lead to quieter volatility. Second, I also expect the subdued volatility to be unfavorable for MSTY's option pricing. As such, my view is that the reward/risk ratio of this ETF has become materially less attractive than the time of my last writing, leading me to downgrade its rating to HOLD. MSTY ETF: Basic Facts A quick introduction of MSTY is helpful for readers new to the fund. MSTY ETF is issued by Toroso Investments Topco LLC and was incepted in February 2024, as you can see from the following chart. The funds generate high yield (about 133% as of this writing) via the use of covered calls on its underlying asset – the MSTR stock. As part of its strategy, the fund also uses cash and US Treasurys as collaterals as detailed in its fund's description below: MSTY fund description: MSTY aims to generate monthly income while providing exposure to the price returns of MicroStrategy stock, subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of MSTR by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above MSTR's current share price. The fund operates with an expense ratio of 0.99% and an AUM of $4.91 billion. As such, the fund offers a quite competitive combination of costs and liquidity when compared to similar ETFs. For instance, the table below shows two primary competing ETFs for MSTY: MST and IMST. As seen, they feature a higher expense ratio and/or much smaller AUM in comparison. With this background, next I will continue explaining why I see good reasons for the high yield to persist in the near future. Source: ETF.com Bitcoin and MSTR Show Signs of Consolidation Looking at the latest BTC-USD trading chart, as shown below, I am seeing several technical indicators suggesting a period of consolidation. To start, the Bollinger Bands have been narrowing significantly since my last writing, indicating a decrease in volatility and often preceding a sideways price movement in my experience. As seen, the current lower Bollinger Band is around 101,409 level and the upper band is around 110,657 level, translating into bandwidth of around 9,248. This is only a fraction of the bandwidth observed at my last writing (of almost 40,000). As another crucial technical signal, the Relative Strength Index [RSI] has also moved into a neutral range since my last writing. The RSI reading is currently at approximately 52, a neutral position that further reinforces the idea that there's no strong momentum in either direction for Bitcoin. Given the close relationship between Bitcoin and MSTR stock, MSTR's trading chart (see the second figure below) exhibits almost identical trends. Here, the width of the Bollinger Bands has also narrowed substantially since my last writing and the RSI has been hovering around the neutral level since June also. StockCharts StockCharts MSTY ETF: Dividend Yield MSTY's dividend yield has also become far less attractive than the time of my last writing due to the changes in its prices and also payouts. To wit, at the time of my publication, MSTY was priced at $20.92, and the fund was yielding about 161% at that time. It has experienced a moderate 2.37% price gain since then, if you recall from the first chart. But the ETF has delivered a total return of 38.74% thanks to its generous payouts, significantly outperforming the S&P 500's change of 3.20% over the same period. The above price changes, when combined with the changes in payouts, have resulted in a noticeable decrease in its yield. Currently, its dividend yield stands at 134%. It is of course extremely high in absolute terms. However, it is not as attractive when contextualized properly. For example, the next chart shows the historical levels of its yield. Since its inception in 2024, the fund's yield started to stabilize in early 2025. Since then, MSTY's dividend yield has reached a high of 193%, the average dividend yield for MSTY has been approximately 159%, and the lowest dividend yield was approximately 121% as seen. The current yield is thus not only noticeably lower than that at my last writing, but also lower than its historical average by a sizable margin. Seeking Alpha Other Risks and Final Thoughts Looking ahead, I expected the relatively low dividend yield to continue, given my above judgment of the consolidation of Bitcoin and also MSTR stock. As mentioned in the forgoing sections, I expect such a consolidation phase to keep the implied volatility of MSTY's underlying assets at muted levels, thus creating an unfavorable pricing environment for MSTR's option strategy. In terms of downside risks to my above thesis, the top 2 in my mind are macroeconomic conditions (in particular interest rate policy) and also regulatory developments. If central banks, particularly the U.S. Federal Reserve, signal or implement change to their interest rate hikes – in either direction, such changes could change the flow of capital into cryptocurrencies and heighten their volatility. These changes can in turn cause high volatility for MSTR stock and boost MSTY's income generation. In terms of regulatory risks, the cryptocurrency landscape is still evolving. Any sudden or significant regulatory shifts, whether positive or negative, could also cause large price swings and heightened volatility. All told, this article on MSTY is motivated largely by two changes since my last writing: the latest technical signals for bitcoin/MSTR stock and MSTY's dividend yield change. After examining these changes, I see an overall neutral reward/risk curve under current conditions. In particular, the yield is relatively low by historical standard, and I see large odds for this level of yield to persist given my analysis of the trading patterns for Bitcoin and MSTR stock. These considerations have led me to adjust my rating on MSTY to hold.
Toncoin’s breakout potential strengthens as on-chain growth aligns with rising trading and user activity.
Tron (TRX) famously delivered life-changing returns to early investors, cementing its place in crypto history. However, analysts now believe Ruvi AI (RUVI) could surpass Tron’s stellar performance this bull run with an astonishing 13,800% projected ROI . Unlike Tron, which focused on revolutionizing digital content, Ruvi AI takes a utility-based, innovation-first approach , combining blockchain technology and artificial intelligence (AI) to offer practical solutions across industries. With $2.1 million raised , over 170 million tokens sold , and a rapidly expanding base of 1,900+ holders , Ruvi AI has become a hot topic among investors. This article will explore why Ruvi AI is regarded as the next big thing in cryptocurrency and how it could outshine Tron’s early growth. What Sets Ruvi AI Apart? While Tron captured attention as a blockchain for content creation, Ruvi AI distinguishes itself by providing scalable, real-world applications in sectors like marketing, entertainment, and finance. The fusion of blockchain and AI gives Ruvi AI a significant edge, creating solutions that businesses and individuals can rely on. Real-World Applications That Matter The practical use cases of Ruvi AI stretch across multiple industries, solidifying its relevance and demand. Here are the highlights: Marketing : Ruvi AI’s AI-powered tools assist businesses in optimizing ad targeting and improving ROI. Its technology minimizes inefficiencies in campaigns, giving businesses more bang for their buck. Entertainment : Content creators leverage Ruvi AI’s secure, blockchain-based payment systems and AI analytics to enhance audience engagement and provide full transparency in monetization models. Finance : Ruvi AI delivers robust solutions like fraud detection and blockchain-enabled transaction security, meeting the demands of modern financial institutions. This utility-driven approach ensures Ruvi AI’s consistent demand, making it a more sustainable investment compared to speculative tokens. Ruvi AI’s Early Momentum The numbers supporting Ruvi AI’s early success are a testament to its potential: $2.1 million raised during its presale, providing the financial backbone for development and adoption. Over 170 million tokens sold , showcasing strong demand in a competitive market. More than 1,900 holders , signaling confidence and broad adoption even in the early stages. These milestones hint at Ruvi AI becoming one of the breakout stars of this bull run. The Path to 13,800% Returns Ruvi AI’s success isn’t mere speculation. Its growth is predicted and structured , making it accessible for early investors to calculate returns. Currently priced at $0.015 per token during Phase 2 of its presale, Ruvi AI presents a low entry point with huge potential. Once the presale closes, tokens will be priced at $0.07 , offering an almost 5x ROI from the current stage . Analysts further project Ruvi AI to hit $1 post-listing , translating to a 66x ROI . This consistent, predictable trajectory sets Ruvi AI apart, with the potential to exceed expectations and deliver a 13,800% overall gain this cycle. Unlock Maximum Returns with VIP Tiers Ruvi AI maximizes its appeal with VIP investment tiers , providing massive bonuses for early participants: VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These tiers are designed to multiply returns, rewarding investors who recognize Ruvi AI’s potential early. Transparency and Security Lead the Charge Ruvi AI’s commitment to investor security and transparency sets it apart in the crowded crypto market. With a third-party audit by CyberScope , Ruvi AI has ensured the reliability of its smart contracts, fostering trust among investors. Its partnership with WEEX Exchange guarantees liquidity post-presale , allowing seamless token trading immediately after listing. This focus on safety and accessibility makes Ruvi AI a standout choice for cautious investors. Ruvi AI’s Bull Run Potential With predictions of 13,800% returns , Ruvi AI has captured the imagination of the cryptocurrency community. Its utility-driven model, early success, and structured growth have already laid the groundwork for outshining Tron’s legendary rally. At an entry price of just $0.015 per token , the opportunity for exponential returns is undeniable. Join the 1,900+ holders who have already secured their tokens and take part in this groundbreaking project that could redefine the crypto space. Don’t wait until hindsight to realize this is the moment to act! Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Experts Say Ruvi AI (RUVI) Could Deliver Over 13,800% Returns This Bull Run, Outshining Tron (TRX) appeared first on Times Tabloid .
The 2025 crypto cycle is proving to be anything but predictable. As Ethereum and Cardano maintain their foundational roles in the space, a new class of undervalued Layer-1 and Layer-2 projects is emerging with compelling fundamentals and growing investor traction. SUI and Optimism (OP) are two names increasingly showing up on analyst forecasts for Q3 and beyond. Meanwhile, a unique altcoin—MAGACOIN FINANCE—is generating forward-looking momentum that early buyers aren’t ignoring. The real question heading into the second half of the year is whether the old leaders can stay in charge or if this is the moment new contenders take the stage. The Altcoin Gaining Early Traction: MAGACOIN FINANCE As capital moves, and investors look for new asymmetrical opportunities, MAGACOIN FINANCE has emerged as a contender to watch. According to analysts, the unique nature of its token mechanics and breakout structure has increased interest in the project, which has sold out in every allocation round. Analysts highlight several reasons why MAGACOIN FINANCE’s upside potential is seen as superior heading into 2025: Strategic Scarcity: Designed with deflationary mechanics that reward early holders and limit long-term token inflation. Early Positioning: Available exclusively through magacoinfinance.com, providing early investors with a rare first-mover advantage before any major listing events. Technical Momentum: Predictions suggest it may place among the leading ROI altcoins in Q3 of this year in terms of investing. This is clear from its early accumulation, coupled with some whales making strategic moves. Smart Money Interest: The smart money is getting in early, knowing that the biggest multiples often occur before exchange listings and institutions enter the market. Ethereum: Institutional Strength With Slower Gears Ethereum remains the cornerstone of the decentralized economy. With record-breaking wallet creation, strong ETF inflows, and its upcoming Fusaka upgrade focused on throughput and contract optimization, its long-term narrative is stronger than ever. However, recent technical resistance and price compression suggest that Ethereum’s upside might be more gradual. Investors are recognizing this and diversifying into assets with higher near-term acceleration potential, especially as competition heats up across the Layer-1 landscape. Cardano: Strategic But Waiting on a Catalyst Cardano continues to evolve through steady network development and technical upgrades. The chain recently surpassed key ecosystem milestones, and new interoperability plans with other networks hint at long-term positioning. Still, market performance has been subdued. ADA’s reputation for methodical delivery has built trust but doesn’t always translate to short-term momentum. For many, Cardano remains a portfolio hold—but not necessarily the most exciting Q3 rotation play. SUI: Fast Transactions, Real Users, Strong Setup SUI’s fundamentals paint a powerful picture. This chain is actively scaling, with a Total Value Locked exceeding $2 billion, high-volume DEX activity, and millions of daily transactions led by SocialFi and game dApps. Thanks to its Mysticeti protocol, it achieves ultra-fast finality making it one of the fastest Layer-1s out there. SUI is technically in a falling wedge pattern, which tends to form before a major upside if resistance is broken. There is a growing institutional appetite, with the likes of Galaxy Digital already entering positions and ETF filings in train. Analysts see this as a project with good prospects — quiet, but building momentum. Optimism (OP): Layer-2 Scaling With a Clear Vision Optimism is carving out its role as the scaling backbone of Ethereum. With its OP Stack now powering multiple ecosystems and a governance upgrade planned for Q3, OP is expanding beyond its original token model. Partnerships with platforms like Earned Network and Chainlink’s interoperability protocols further solidify its Superchain strategy. While sentiment is still recovering, OP’s forward-looking roadmap and inclusive governance direction have made it a quiet favorite among infrastructure investors. Final Thoughts: The Shift Has Already Begun Ethereum and Cardano aren’t losing relevance—but investors are no longer choosing between safety and upside. With Layer-1s like SUI and infrastructure plays like Optimism stepping up, the market’s center of gravity is starting to shift. MAGACOIN FINANCE may be the one early-stage outlier that defines this rotation. Before the spotlight gets brighter, smart money is already moving. To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Will Ethereum and Cardano Reclaim Leadership or Are Undervalued Coins Like SUI and OP Taking Over in 2025?
Discover potential gold mines among low-cost cryptocurrencies. This article sheds light on budget-friendly digital coins poised for explosive growth. Find out which hidden gems are expected to surge in value during the next bull run. Stay ahead of the curve and explore these top picks for the most promising under-the-radar investments. Uptrending Caution for JasmyCoin Amid Bearish Signals and Key Levels Over the last month, JasmyCoin experienced a substantial decline of 32.88%, with a half-year loss of 62.65%. A one-week fall of 8.73% supports the downward trend, leading to prices fluctuating between $0.0128 and $0.0197. Technical indicators reveal a negative outlook, highlighted by an Awesome Oscillator reading of -0.00265 and a Momentum Indicator value of -0.00242. The Relative Strength Index at 34.77 suggests an oversold condition, indicating that the coin is struggling to reverse its trajectory amid prevalent market pressures. At current market levels, JasmyCoin trades between $0.0128 and $0.0197. Resistance resides at $0.0239 and a stronger barrier at $0.03, while support can be found around $0.01 and a deeper level near $0.00338. The market displays a clear bearish sentiment with negative signals from both the Awesome Oscillator and Momentum Indicator. The RSI indicates oversold conditions, yet the coin fails to show upward movement, reflecting sustained downward pressure. Traders may look for a potential bounce from the $0.01 support level, targeting a move towards $0.0239. Alternatively, shorting opportunities could arise if attempts to test resistance fail, necessitating careful risk management in this volatile environment. GALA Market Snapshot: Past Decline and Critical Support Levels GALA experienced a significant drop last month, losing 32.73%. This decline reflects mounting selling pressure among investors. Over the past six months, the coin has continued its downward trend, diminishing by 60.60%. A one-week drop of 8.71% adds weight to its persistent downward momentum. Historical performance highlights a volatile state, with price action failing to recover significantly. Declining indicators and lower price levels have led to reduced trader confidence. Currently, GALA is priced between $0.01 and $0.02, with resistance at $0.03 and support near $0.008. Sellers are more active than buyers, indicating a clear bearish tone. Negative momentum is evident from the Awesome Oscillator and Momentum Indicator, while the RSI just under 35 suggests the coin remains vulnerable. Traders should monitor resistance at $0.03 for potential reversals and protect support at $0.008, as breaking this level could lead to further declines. Trading strategies should focus on signs of trend reversal and sustained movement above resistance to attract buyers, with patience in this volatile environment being essential. VeChain Faces Bearish Pressure With Key Resistance Levels Over the past month, VeChain experienced a sharp decline of 27.28%, with its value falling consistently within the narrow range of $0.02 to $0.03. Over the last six months, the coin saw a drop of 54.56%, indicating ongoing selling pressure and a long-term downtrend. Weekly prices decreased by 10.96%, and momentum as well as oscillator readings remain slightly negative, pointing to subdued buying activity. Currently, VeChain has settled within a tight trading range between $0.02 and $0.03. Immediate resistance is at $0.04, with secondary resistance at $0.05. Support stands firmly at $0.02, while the next support level is effectively zero. Bears currently dominate the market, with negative momentum indicators reinforcing a bearish outlook. Recent activity shows no clear upward trend, suggesting limited buying interest. Traders might consider watching the support near $0.02 for potential entry points, while short-term profit-taking may occur above $0.03, targeting the resistance at $0.04 and $0.05. Conclusion JASMY , GALA , and VET are promising choices for those looking to invest in cryptocurrencies under $1. Each has shown potential for growth. These coins offer affordability with the possibility of significant returns. Investors seeking high-value opportunities may find these coins appealing. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Nikita Bier’s appointment as Head of Product at X signals a strategic move toward integrating crypto payments, sparking renewed interest in Dogecoin’s potential role on the platform. With X acquiring
Bier’s announcement is fueling speculation about X's future crypto payment plans, including long-rumored Dogecoin integration.
Bitcoin has surged to an impressive $109,000, accompanied by a notable 15% rise in Arbitrum, signaling renewed vigor in the crypto market. This strong performance marks the most robust quarter
The Iran and Israel war came to a halt as the USA intervened. Owing to this, safe haven assets like gold and silver saw a decline in prices. The bias in gold has now changed to sell; however, a retracement can be expected this week to major key levels from where traders can look to enter further sell positions. Let’s discuss the key pivot levels for gold buying and selling in this weekly forecast from June 30th to July 4th, 2025. Table of Contents Key economic events of this week Gold HTF Overview Gold Forecast for June 30th to July 4th, 2025 Trading Strategies & Investment Recommendation Key economic events of this week Some significant U.S. economic reports are scheduled for release this week that are expected to impact XAUUSD . Tue, Jul 1 – Fed Chair Powell Speaks, ISM Manufacturing PMI, JOLTS Job Openings Powell’s speech might increase volatility because hawkishness could hurt gold while dovishness could weaken the USD and increase gold. Despite being marginally better than expected, the ISM Manufacturing PMI still indicates contraction, which provides some minor support for gold. Gold upside may be constrained by labor market resiliency, as evidenced by stronger-than-expected JOLTS job postings. Wed, Jul 2 – ADP Non-Farm Employment Change Labor market strength is indicated by a strong beat in ADP jobs statistics (105K vs. 37K). As rate hike expectations are renewed, this might strengthen the USD and put pressure on gold. Thu, Jul 3 – Average Hourly Earnings, Non-Farm Employment Change, Unemployment Rate, ISM Services PMI Gold is favored by weaker NFP (120K vs. 139K) and slower wage growth (0.3% vs. 0.4%), which indicate cooling labor and inflation. Further evidence for this story comes from a higher unemployment rate (4.3% vs. 4.2%). Gold may have greater upward momentum as concerns about an economic slowdown increase if the ISM Services PMI likewise exhibits weakness. Read more: XAUUSD weekly forecast: $3600 next target for gold? Gold HTF Overview Today is the last day of June, which means that the monthly close may decide where July can take the price of gold. Here we can see that the price has already swept the high of May 2025, and $3122 low is now pending. A red monthly candle close can take gold to $3122; however, a good bullish close can push it again to test $3441. XAUUSD 1m chart – Source: Tradingview Gold Forecast for June 30th to July 4th, 2025 The best zone to short gold is the $3320-3337 level, due to the POC, breaker block, and the golden fib level on the 3h timeframe. XAUUSD 3h chart – Source: Tradingview Meanwhile, the closest level in the 30m chart of gold for selling is at $3301-3313. Here we can see how the price has broken its support and now it is acting as resistance. XAUUSD 30m chart – Source: Tradingview Major buying in gold is now expected from the $3232-$3202 level, which is a 4h order block and FVG in gold. XAUUSD 4h chart – Source: Tradingview Read more: Goldman Sachs scraps recession forecast as Trump pauses tariffs Trading Strategies & Investment Recommendation To conclude, gold can give both buys and sells this week. Lower time frames are suggesting sells, while higher time frames are still favoring a buy position in gold. Resistance Levels $3301-3313 – support turned resistance $3320-3337 – POC, breaker block, and golden fib level Support Levels $3232-$3202 – 4h order block and FVG Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
US air taxi start-up Joby Aviation has just completed a series of piloted flights in Dubai, bringing the company closer to launching its first commercial service as early as the end of this year. According to the company, the flights, which saw the aircraft successfully transition from vertical take-off to horizontal cruise before returning to land vertically, have been lauded as a significant milestone on the road towards commercial deployment. The future of cleaner, quieter urban travel just landed in Dubai. Today marks a significant milestone on our path to commercialization: we successfully completed a series of piloted, full-transition, electric vertical-takeoff-and-landing flights in Dubai. https://t.co/hhcCX7w8da pic.twitter.com/efq6bz1jfK — Joby Aviation (@jobyaviation) June 30, 2025 Successful flight tests mean commercial services are not far behind April saw Joby complete its first “transition” flight in California, but this is the first time the start-up has performed tests as part of a test flight campaign before commercial launch. The successful tests, scheduled to take place throughout the summer, are a critical moment for the industry, Paul Sciarra, executive chair of Joby noted while pointing out that the concept of air taxis has excited people for quite some time. “…but the real question has been ‘when’ and ‘in what way’ are these products going to get into people’s hands and begin to provide valuable service,” he told the Financial Times. As far as he is concerned, the tests are proof that commercial air taxi services are now within grasp, and will happen first in Dubai, where construction on the first Joby commercial landing port has begun, before becoming a broad phenomenon around the world. Joby was founded in 2009 and is among the several start-ups and aerospace incumbents struggling to make the vision of emission-free “urban air mobility” a reality via the launch of “electric vertical take-off and landing” (eVTOL) aircraft. While there were early promises of a speedy revolution in air travel, the companies have been slow to deliver, with several of them forced to call on investors for more funding while pushing back certification milestones as the challenges of developing these aircraft become clearer. There are also other issues, including building the necessary infrastructure and winning public acceptance. However, Joby, which listed on the New York Stock Exchange in 2021, has some of the deepest pockets in the sector , having raised over $2 billion in funding. The company’s air taxi will be able to transport a pilot and up to four passengers at speeds of up to 200mph. Joby chose Dubai as ground zero for its air taxi flights Paul Sciarra expects Joby to start commercial services by the end of this year or early next year as construction on its first commercial landing port at Dubai’s international airport is already underway. Why Dubai? According to Sciarra, Joby witnessed a “real willingness to get new modes of transportation into the ecosystem as quickly as possible” in the Arab nation and decided to take advantage. The company is currently going through the certification process of its aircraft with Dubai’s local regulator and is also working toward getting full approval from the US aviation safety regulator, the Federal Aviation Administration. Joby is expected to secure approval first in Dubai, after which the US certification is supposed to follow. “We feel like from this toehold of commercial service in Dubai, then to US FAA certification . . . that allows us global reach in the short-term.” Joby has come far in its air taxi ambitions, but competition in the sector is heating up with counterparts from different countries, including China, Japan and Europe. China’s Ehang received the necessary approvals from the country’s aviation regulator earlier this year to start pilotless flights for its autonomous air taxi. However, these flights are limited to exhibitions and showcases. Archer Aviation, a US-based startup developing eVTOL aircraft for urban air mobility, is also one of the notable companies in the sector. It currently has partnerships with United Airlines and Stellantis, with plans to launch air taxi services in Los Angeles by 2026. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot