Bitcoin sags after its longest streak of monthly gains since 2021

Bitcoin’s 73 per cent rebound in 2023 from last year’s crypto rout has stalled around the $30,000 level

Bitcoin

Bitcoin extends recent bout of volatility in climb back toward $30,000

The largest token rose as much as 3.7 per cent on Thursday

Wemade

Saudi Arabia partners with South Korea’s Wemade to enhance gaming and blockchain sector

The partnership will focus on various initiatives such as training programmes, educational content, game localisation and sponsorship of regional events

Bitcoin

Bitcoin trading signal hints at an upcoming leap back above $30,000

Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore

Data Analytics

How digital assets are revolutionising financial data analytics

Data analysis can reveal interesting trends that the average investor is unlikely to spot and interpret

Bitcoin

Bitcoin drops about 4%, slips below $30,000 amid crypto selloff

The largest token fell as much as 4.5 per cent on Wednesday

Bybit

Crypto exchange Bybit opens global headquarters in Dubai

The company also revealed future plans to elevate its global presence with a stronger foothold in the region

bitcoin

Bitcoin stalls near $30,000 after the token’s biggest drop in over a month

The digital currency has jumped 78 per cent this year

Crypto

Insights: Crypto silver linings to build up in 2023

Focusing on engaging with regulators and policymakers to ensure secure and sustainable growth of the crypto ecosystem is key

Bitcoin

Bitcoin climbs past $30,000 for the first time since June 2022

However, it is still down more than 50 per cent from its all-time high in November 2021

Bitcoin

Bitcoin to extend its 70% surge this year if key charts are right

Bitcoin’s revival has helped the digital-asset market add about $390bn in value in 2023 after a $1.5tn rout last year

Bitcoin

Bitcoin breaks above $28,000 for first time since June

Since the start of the year, Bitcoin’s price has risen almost 70 per cent

ABO Digital

Interview: Amine Nedjai, CEO at ABO Digital

ABO Digital provides innovative and flexible funding solutions that will give blockchain projects access to more options for raising capital

Cove Beach

Crypto Oasis launches Cove Beach venue in the metaverse

Crypto Oasis hosted top organisations and players in the regional ecosystem for its annual Ecosystem Night

Metapolis

Metapolis’ Sandra Helou on how the metaverse is revolutionising industries

The co-founder and CCO says that the creator economy will see a lot of individuals start to collaborate with brands and their community

Crypto lenders

Crypto lenders morph into miners

With the recent surge in loan defaults and plunge in cryptocurrencies, the value of new generation machines has dropped 85 per cent

DMCC

DMCC, TDeFi to support Web3, blockchain firms

The accelerator programme will offer mentorship and sessions on a range of topics related to crypto and scaling a business

Synthetic Equity

Synthetic Equity: Ushering in a new era of incentives

Synthetic Equity is an attractive alternative to traditional rewards for an outstanding performance

Build

Build your own digital sovereignty over blockchains

With the advent of Web3, AI and other emerging technologies, it’s clear that the world is set to undergo significant transformation

Blockchain solar

Top 5 benefits of investing in blockchain-based solar energy programmes

Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts

Kraken

Crypto exchange Kraken shuts Abu Dhabi office, lays off 8 employees

The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services

Chainalysis

GIC-backed Chainalysis cuts jobs in latest crypto layoffs

The spokesperson said the cuts are part of a wider reorganisation

Bitcoin

Bitcoin jumps to highest since August in post-Fed crypto rally

The largest token rose as much as 2.4 per cent and was trading at $24,020 in Singapore

Crypto Oasis

UAE: Crypto Oasis lists over 1,650 blockchain firms by Q4 2022

More than 8,300 individuals currently work in organisations in the crypto, blockchain, metaverse and Web3 ecosystem of the UAE

Binance

Binance CEO says customer funds fully backed on crypto exchange

Digital asset platforms are facing a crisis in investor confidence following the collapse of FTX exchange

crypto

Where is crypto headed in the next 5 years?

Crypto is an essential long-term investment and is the building block towards a cashless society

Developer

UAE developer to facilitate property purchases using cryptocurrencies

The developer aims to create new avenues for investors to diversify their investment portfolio via digital assets

tech

Can Dubai’s growing tech affinity propel its real estate sector?

Dubai’s real estate sector has taken massive strides in terms of sales and investment

FTX founder Sam Bankman-Fried

Ex-FTX CEO Bankman-Fried arrested in Bahamas as US files charges

More than 100 FTX-related entities filed for US bankruptcy protections on November 11

Indonesia

Here’s what we know so far about Indonesia’s digital rupiah

Indonesia is setting out its plans for the digital rupiah, a blockchain-based currency, starting with transactions between local banks