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


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

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


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 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 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 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


Binance resumes Bitcoin withdrawals after temporary halt

The transactions were stuck because they were submitted to the exchange with low transaction fees


Bitcoin tumbles as much as 7.1% to drop back below $30,000

Bitcoin has been strongly correlated with risk assets for much of the past couple years


Bitcoin heads higher in attempt to escape $30,000 level

Bitcoin and the rest of the cryptocurrency complex has struggled in recent months as the Federal Reserve hikes interest rates

Bitcoin retreats to consolidate below $30,000

Cryptocurrencies have struggled as the Federal Reserve and other central banks hike rates


Bitcoin seen at risk of resuming slide if $29,000 support fails

Bitcoin is trading above $30,000 on Tuesday as it recovers from a sharp decline in the past three weeks

Binance Web3

UAE’s Majid Al Futtaim and Binance partner to unlock Web3 capabilities

Agreement will see Majid Al Futtaim and Binance work jointly on non-fungible tokens and crypto payments with Binance Pay

UAE Bank

Nearly 90% UAE banking customers find account opening too complicated

Identity proofing platform IDnow and YouGov research finds UAE residents are frustrated by bank account applications

FTFT Capital

Blockchain investment firm FTFT Capital inks strategic metaverse partnerships

The collaborations will help the company’s affiliate FTFTX expand its metaverse capabilities by establishing a new platform for aggregating trading information

Bitcoin may still be primed for a further drop from range

Bitcoin is holding up relatively well compared with some of its peers


Crypto Oasis identifies over 1,000 blockchain organisations in the UAE

The updated target is to have over 1,500 organisations identified in the ecosystem by end of the year

e& NFT

UAE’s e& launches region’s first telco NFT collection

The telecom company aims to strengthen blockchain legacy in the Middle East by unlocking maximum metaverse potential

Crypto Bridge Nomad drained of nearly $200m in exploit

Cybercriminals now target DeFi protocols for stealing cryptocurrency

New Chainaysis report also found that the illicit share of all cryptocurrency transaction volume at an all-time low, indicating positive progress as non-traditional finance technologies mature


Bitcoin recovers to $30,000 area after shedding weekend weakness

Bitcoin has struggled in recent weeks as the Federal Reserve hikes interest rates and inflation remains high

Binance regulatory

Crypto exchange Binance gets French regulatory nod in European push

The regulatory nod will help boost the company’s ambitions in Europe and marks the exchange’s first major approval from a G-7 member nation


Gucci to start accepting crypto payments in select US stores

Gucci, owned by Kering SA, will initially accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Dogecoin and Shiba Inu


Crypto giveaways return with many of same old risks

Large investors and creators of the project have been the big winners of the ApeCoin distribution

EX Sports Binance NFT

EX Sports, Binance NFT to launch unique Urbanball NFT collection

The ‘Mystery Box Collection’ is scheduled to go live at 3pm on May 3, 2022


IN4X Global introduces cryptocurrency payment solution in the Middle East

IN4X’s platform, a quick, secure and easy-to-use payment processor and crypto payment gateway, will enable businesses to accept cryptocurrencies as payment

Bahrain-based cryptocurrency platform Rain announces 0% trading fees

The simplified fee structure aims to help customers feel more comfortable and confident placing their first trade in the crypto world

Here’s how Metaverse can contribute to the economy

UAE can secure its position as a global and regional hub with Metaverse opportunities, says Juwan Lee, founder and chairman at NexChange Group