#cryptocurrency

Crypto

Top 5 gadgets crypto aficionados must own

Check out the roundup of crypto gadgets and accessories you should buy

Ralf Glabischnig Crypto Oasis

Crypto Oasis to boost blockchain development in the region

Crypto Oasis identified over 1,450 established organisations across the UAE with more than 7,000 people working in it

Crypto

Is the crypto crisis good for the system?

Top-down macroeconomic and bottom-up crypto-specific headwinds have been blowing strongly for digital assets resulting in the biggest ever drawdown

Crypto

Bitcoin breakout stalls with daily trading volume also tumbling

Cryptocurrencies, like other riskier investments, have been suffering in a tighter-monetary-policy environment

Crypto

Blockchain to disrupt business models, transform the future – report

The inaugural edition of the Crypto Oasis Ecosystem Report 2022 highlights the confluence of blockchain activities in the UAE and the progress of its key players

Insights: AI crypto ratings vs The bear market

Evai’s founder and CEO, Matt Dixon examines the unprecedented market conditions and lifts the lid on the predictive technology that is powering and protecting profits

Gulf Business

Gulf Business enters non-fungible token space, launches GB Crypto NFT

Gulf Business has partnered with Virtua for this initiative

Bikeera

Bikeera teams up with Binance Pay to accept virtual payments in the UAE

Settlements will be facilitated by Binance, and the crypto-to-crypto gateway will support various crypto assets such as BNB, Bitcoin and Ethereum

Winners of the first edition of GB Tech Web3 Awards

Revealed: Winners of the first edition of GB Tech Web3 Awards

The ceremony was held on September 23, 2022 at Social Distrikt, The Pointe – The Palm Jumeirah and a total of 15 winners were recognised for their achievements

Digital Assets

Cover Story: Why digital assets are key for the financial sector

Digital assets can unlock opportunities with immense potential for the financial services industry, allowing fintechs to offer their clients a host of benefits

Crypto Oasis

Crypto Valley Association, Crypto Oasis team up to boost blockchain development in the Middle East

The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and Middle East

Nigeria

Nigeria, Binance in talks for digital city to develop blockchain

Nigeria is targetting digital technology as a means to help diversify the economy away from crude oil

Bitcoin

Bitcoin loses momentum on weekend with support around 2017 high

Bitcoin dropped as much as 0.8 per cent to $19,591 on Sunday and was little changed as of 7.50am in New York

Rain Financial

Coinbase-backed crypto firm Rain Financial cuts jobs

The staff cuts were made to reflect the operational needs and market conditions

Bitcoin back down to around $20,000 after Jackson Hole caution

Numerous strategists have flagged $20,000 as a key point for Bitcoin

DBS Exchange

DBS Exchange says Bitcoin trading surged amid global selloff

The quantity of the world’s largest token, Bitcoin, bought on the members-only exchange was four times higher than April

Bitcoin

Bitcoin continues retreat as 200-week average takes focus again

Cryptocurrencies have been battered this year as the Fed hiked rates amid elevated inflation readings

PwC launches UAE cryptocurrency report, identifies three-stage facilitative model for regulation

PwC publishes UAE cryptocurrency report, identifies three-stage model for regulation

The UAE is one of the fastest growing cryptocurrency markets in the world generating transactions worth $25bn

Bitcoin market

Bitcoin sinks to one-week low amid bout of global market nerves

The largest token dropped as much as 5.4 per cent on Tuesday in Asia and was trading at $21,073

Crypto Myths

Insights: It’s time to dispel these crypto myths and misconceptions

As with any new technology, some misconceptions remain over cryptocurrencies. Here are the three most common ones

altcoins

Crypto altcoins lead push higher as Bitcoin jumps above $22,000

Ether jumped as much as 10.7 per cent on Tuesday in Asia, while Solana added 13 per cent and Polkadot about 7 per cent

Crypto trading

Crypto trading volume tumbled in June to the lowest since 2020

The drop-off in trading volume has taken place across many platforms, including Binance, OKX and FTX

Bitcoin

JPMorgan says Bitcoin cost of production may be down to $13,000

Bitcoin has struggled since hitting a high near $69,000 in November

OKX

Crypto exchange OKX gets Dubai licence, set to open hub in city

OKX has been granted a provisional virtual assets licence to provide services to qualified investors in the UAE

Bitcoin

Bitcoin falls a fourth day to about $20,000 amid dollar strength

Bitcoin is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000

Bitcoin

Bitcoin hints at a bottom, but it may be different this time

Assets under management for crypto investment products in June reached a record low

Bitcoin

Bitcoin struggles just above $20,000 fueling concerns

Bitcoin has been sinking along with riskier assets in recent months

Ether leads crypto market surge after CPI report release

Ether recovery helps crypto revisit $1tn market cap level

It appears to have found support around its 200-week moving average, which currently sits near $1,200

investment trends

Eye for detail: What do key investment trends look like?

Speaking to Gulf Business, Rob Ansari, head of investments and retirement – India, Middle East, Turkey and Africa at Mercer, shares insights on evolving market trends and the way forward

PwC launches UAE cryptocurrency report, identifies three-stage facilitative model for regulation

Coinbase to lay off 18% of workers as crypto market worsens

The company plans to lay off roughly 1200 employees, ending the current quarter with about 5,000 employees