Crypto

Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

the financial - 21 February, 2025

RIYADH: Saudi utility giant ACWA Power has strengthened its portfolio by acquiring a $693 million stake in power generation and water desalination companies in...

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

the financial - 21 February, 2025

Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

the financial - 21 February, 2025

On February 28, HP Telecom India will make its debut on the NSE Emerge, while the trading in Swasth Foodtech shares will commence on...

Crypto

Bitcoin Spot ETFs See Historic Net Inflow of $893M, Second Only to March Record

the financial - 31 October, 2024

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. saw an impressive $893.21 million in net inflows on Wednesday, marking the second-highest total on record. BlackRock’s...

Crypto

Best Crypto to Buy Now October 10 – Uniswap, Popcat, Mantra

the financial - 11 October, 2024

Major cryptocurrencies are under pressure on Thursday, with Bitcoin (BTC) hitting fresh two-week lows under $60,000 and slipping below its 50DMA at $60,700, with investors looking...

Crypto

Dubai’s Crypto Watchdog Issues Cease-and-Desist Orders to 7 Firms

the financial - 11 October, 2024

Dubai’s virtual assets regulator on Wednesday said it issued cease-and-desist orders and fined seven entities for operating without proper licenses and violating marketing rules. However, the Virtual...

Crypto

GCC’s first bitcoin-linked structured investment launched

the financial - 8 October, 2024

The National Bank of Bahrain (NBB) has announced the launch of the GCC’s first bitcoin-linked structured investment, developed in partnership with ARP Digital. The cutting-edge...

Crypto

Coinbase to delist some stablecoins in Europe ahead of new regulations

the financial - 7 October, 2024

Coinbase will delist certain stablecoins in the European Economic Area by year's end, the cryptocurrency exchange said on Friday, as the industry braces for...

Crypto

PayPal to Let US Business Clients to Buy, Hold, Sell Crypto

the financial - 29 September, 2024

Global payments behemoth PayPal has announced that it will allow US business account customers to buy, hold and sell cryptos directly from their accounts. The move comes...

Crypto

US Spot Bitcoin ETFs Continue Positive Streak with $106M Inflows; BlackRock’s IBIT Attracts $184M

the financial - 28 September, 2024

US-listed spot Bitcoin ETFs recorded their fifth consecutive day of inflows, amassing a total of $106 million on Wednesday. BlackRock’s iShares Bitcoin Trust (IBIT) led...

Crypto

Anthony Pompliano: Bitcoin Ready for Gains as Interest Rates Fall and Liquidity Grows

the financial - 26 September, 2024

Anthony Pompliano believes Bitcoin could benefit greatly as interest rates decline and global liquidity increases. In a recent TV interview with CNBC, Professional Capital Management founder...

Crypto

eToro Pays SEC $1.5M and Will Cease Trading Most Crypto Assets

the financial - 13 September, 2024

The U.S. Securities and Exchange Commission (SEC), said trading platform eToro USA LLC has agreed to pay a $1.5 million penalty for operating as an unregistered...

Crypto

India leads in crypto adoption for second straight year, report shows

the financial - 12 September, 2024

India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country's tough regulatory stance and steep...

Crypto

Spot Bitcoin ETFs See Largest Outflows Since May 1, Totaling $287M

the financial - 8 September, 2024

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest outflows since May 1, with net outflows reaching $287.78 million on Tuesday According to data from SosoValue,...

Crypto

Analysts Caution 20% Bitcoin Decline as US Rate Cut Fuels Recession Fears

the financial - 6 September, 2024

A long-awaited interest rate cut by the United States Federal Reserve could have an unexpected impact on Bitcoin, potentially driving its price down, according...

Crypto

GCC can have big role in bitcoin mining’s green energy-driven future

the financial - 2 September, 2024

As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus...

Crypto

UAE: Now, deposit or withdraw cryptocurrencies in dirhams through this bank

the financial - 30 August, 2024

UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding. Crypto.com and Standard Chartered Bank have tied up to enable near-real-time...

Crypto

Crypto crime falls 19.6 per cent YTD signalling growing maturity of digital assets ecosystem

the financial - 29 August, 2024

In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations...

Crypto

Bitcoin Millionaires Soared by 111% to 85,400 in 2024, Thanks to Crypto ETFs: Report

the financial - 28 August, 2024

There are 85,400 crypto millionaires worldwide, which is a 111% increase from the past year, a new report reveals. International wealth and investment migration specialists...

Crypto

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’

the financial - 23 August, 2024

The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.Sony, the Japanese electronics giant famous...

Crypto

Trump’s Election Odds Are Not The Dominant Driver of Bitcoin’s Price, Data Show

the financial - 19 August, 2024

Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and...

Crypto

Tether Sets Sights on AI and Emerging Tech Amid Surging Profits

the financial - 13 August, 2024

Tether is redirecting its rising profits into artificial intelligence (AI) and emerging technologies under the leadership of CEO Paolo Ardoino. Tether’s 5.5% Interest Rate on...

Crypto

Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

the financial - 12 August, 2024

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.BTC and the broader...