Tag: bitcoin

Bitcoin plummets below $90,000 as AI future worries investors

Concerns over leverage in the system, talk of a possible new crypto winter and underperformance versus equities all weighed on valuations and activity FILE PHOTO:...

UAE could be ‘Wall Street’ of Bitcoin, say experts

Panelists shared stories of the humble beginnings of the cryptocurrency in the UAE, when only "five or six" people in the country were doing...

Global financial crime watchdog calls for action on crypto risks

 The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance...

Bitcoin, other cryptos rise after softer-than-expected US CPI data

The CPI rose 0.2% in February after surging 0.5% in the previous month. For the 12 months through February, consumer prices in the US...

Analyst: Key Trends of 2024 Point to XRP, Solana, and Litecoin ETFs in 2025

As 2024 comes to an end, analyzing major trends is essential to understanding the direction of the market. Overall, we saw immense success across...

Bitcoin surges to record high above $106,000 on hopes of a US strategic reserve

Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a US bitcoin strategic reserve similar...

UAE: Donald Trump’s son says Bitcoin will bring about financial revolution

Bitcoin is going to bring about a financial revolution by giving liberty to those who are “left behind” by the traditional banking system. That...

UAE: Bitcoin inheritance plan, creation of will for digital assets essential, say experts

Bitcoin and cryptocurrency owners should have an inheritance plan in place as soon as possible to avoid these assets from being lost forever, experts...

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Sharjah Islamic Bank rights issue oversubscribed by 3.2 times

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ADPIC launches unified governance framework to accelerate infrastructure delivery across Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has...

Agthia Group reports 12.5% net profit growth

Agthia Group PJSC announced a strong performance for...