#cryptocurrency

Record-breaking bitcoin rally nears $90,000 on Trump boost

Bitcoin nears $90,000 as crypto market exceeds pandemic-era peak

President-elect Donald Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet”

OKX shakes up Dubai’s crypto scene with new exchange

The launch was announced at a gala event at the Museum of the Future, Dubai, on October 10, 2024.

Bitcoin ETFs take $50bn baby steps toward big-time

Bitcoin ETFs take $50bn baby steps toward big-time

Retail investors have dominated flows into the new ETFs, with only a handful of large institutions having publicly disclosed positions in regulatory filings

Tether to launch stablecoin pegged to UAE’s dirham

Phoenix Group, Tether to launch UAE dirham-pegged stablecoin

The dirham stable coin will be accessible globally and “fully backed” by liquid UAE-based reserves

Cryptocurrency Dubai DMCC

UPDATED: Dubai court ruling on cryptocurrency wages sparks debate

The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed

BitOasis expands in Bahrain after Dubai authorities lift suspension

The Bahrain arm of BitOasis will house a small team as it works to launch a new platform in Bahrain during the second half of 2024

How MENA is dominating the global crypto market

Here’s why MENA is world’s fastest-growing crypto market

Cryptocurrency is more than just a new asset class, it represents a fundamental change in how assets are managed and verified

Bitcoin ‘halving’ has taken place, CoinGecko says

Bitcoin ‘halving’ has taken place, CoinGecko says

Cryptocurrencies have been supported by excitement around the US Securities and Exchange Commission’s move to approve bitcoin exchange-traded funds

Binance secures full VASP crypto licence in Dubai

CEO Richard Teng says Binance has secured a full licence to serve both institutional and retail investors out of Dubai

FTX founder Sam Bankman-Fried

FTX’s Sam Bankman-Fried sentenced to 25 years for multi-billion dollar fraud

The judge called Bankman-Fried’s efforts to present himself as a “good guy” an act, adding, “The goal was power and influence”

Bitcoin surges past $68,000, in sight of record high

Bitcoin soars above $68,000 as it nears 2021 all-time high

The cryptocurrency has gained 50 per cent this year amid a surge in inflows into US-listed bitcoin funds

Bitcoin breaches $64,000 as records beckon

Bitcoin bounces beyond $64,000 as records beckon

The cryptocurrency has gained 50 per cent this year and most of the rise come in the last few weeks where trading volume has surged for US-listed bitcoin funds

Bitcoin

Bitcoin bulls are back as cryptocurrency shoots past $61k

The approval and launch of spot bitcoin ETFs in the US this year has opened the asset class to new investors and reignited the excitement that was sapped in the “crypto winter” of 2022

Bitcoin hits $50,000 level for first time in more than two years

Bitcoin hits $50,000 level for first time in more than two years

The cryptocurrency has risen 16.3 per cent so far this year, on Monday touching its highest since December 27, 2021

Bitcoin

Bitcoin blasts above $45,000 for first time since April 2022

Cryptocurrency markets are abuzz with the prices of Bitcoin and Ether rising sharply in the first few days of 2024

Bitcoin

Bitcoin surges above $42,000 for first time since April 2022

The cryptocurrency is up more than 150 per cent in 2022 alone and there’s now further momentum in this market amid hopes around future interest rates.

FTX founder Sam Bankman-Fried

Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

The jury reached the verdict after just over four hours of deliberations

Fluent Finance to develop stablecoin technologies in the UAE

Fluent Finance to develop stablecoin technologies in the UAE

The web3 company is piloting the Fluent Economic Bridge platform in Kenya and plans to develop a digital trade corridor with the UAE

FTX founder Sam Bankman-Fried

FTX founder Sam Bankman-Fried heads to trial in the US: A timeline

Sam Bankman-Fried’s fraud trial kicked off on Tuesday and marks the culmination of a year-long legal saga

Bybit TradeGPT

Bybit’s TradeGPT to offer AI-powered trading assistant

The platform can offer market strategies in terms of percentage chance and also recommend the right products

Binance Bahrain

Binance launches crypto futures in Bahrain

Binance Bahrain BSC is the first regulated exchange in the region to offer these services and the only exchange with a CAT4 licence

BitOasis

BitOasis secures new investment from India’s crypto exchange CoinDCX

This is CoinDCX’s first investment into the MENA region

Islamic Coin

Islamic Coin announces token sale; appoints Republic as Web3 advisor

Republic Crypto will help engage with potential strategic partners, exchanges and market makers

crypto

On-chain segmentation: Unlocking insights for the region’s rising crypto exchanges

How do exchanges survive and thrive in an increasingly competitive market? We take a look…

Nomura

Nomura’s digital-asset subsidiary gets full Dubai crypto licence

Laser Digital Middle East will be able to offer virtual asset broker-dealer and investment management services locally

crypto

Bitcoin drops below $29,000 for the first time in over a month

The largest digital-asset by market value fell as much as 4.2 per cent

crypto currency

Kuwait bans cryptocurrency, crypto mining and transacting in virtual assets

The country’s Capital Markets Authority placed a prohibition on the use of digital currencies in making payments

Islamic Coin

Islamic Coin secures $200m funding from ABO Digital

The total funding has reached $400m

Bitcoin

Bitcoin set for best week since March fuelled by speculation over ETFs

The token edged below $30,000 as of 10:05am Friday in Singapore

DMCC Bybit

DMCC, Bybit join forces to propel crypto and Web3 adoption in Dubai

Bybit will offer financial assistance amounting to Dhs500,000 to support new crypto ventures interested in establishing themselves within the DMCC Crypto Centre