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

Riot Platforms Reports Q2 Loss After Bitcoin Halving

the financial - 1 August, 2024

Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year. The drop is...

Crypto

Cryptoverse: Like a bond with no yield? Investors split on ether ETFs

the financial - 24 July, 2024

It may take a little more time for ether to edge out of bitcoin’s shadow. Investors are more cautious and divided ahead of the US...

Crypto

Crypto Market Maker Wintermute in Talks for $100M Funding Round to Expand Operations

the financial - 22 July, 2024

Crypto market maker Wintermute Trading is currently engaged in discussions to conduct a new fundraising round. The company aims to sell shares worth $100 million,...

Crypto

Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific

the financial - 18 July, 2024

The license permits the holder to provide trust and corporate services in the region.Crypto custody specialist Copper has secured a Trust or Company Service...

Crypto

Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside

the financial - 13 July, 2024

A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto...

Crypto

Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month

the financial - 8 July, 2024

The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for...

Crypto

Bitcoin slides to four-month lows on liquidation fears, ether sinks 9%

the financial - 7 July, 2024

Bitcoin sank to a four-month low on Friday, breaking below technical supports as traders anticipated the dumping of long-lost tokens from a defunct Japanese...

Crypto

Dubai crypto platform opens Bahrain office in GCC expansion drive

the financial - 21 June, 2024

BitOasis, which recently reopened its Dubai platform, said on Thursday that it would open an office in Bahrain as part of its GCC expansion...

Crypto

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities

the financial - 18 June, 2024

As many as 24 cryptocurrency-related entities have come together to form the Taiwan Virtual Asset Service Provider Association. The building blocks of the industry association...

Crypto

Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq

the financial - 15 June, 2024

Bitcoin lost 6% in one week even as Nasdaq climbed to an all-time high. Crypto-specific factors like profit-taking by holders and increased selling by miners...

Crypto

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

the financial - 12 June, 2024

U.S.-listed spot bitcoin exchange-traded funds (ETFs) recorded the second consecutive day of outflows driven by Grayscale's GBTC. The outflows are likely due to traders derisking...

Crypto

Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

the financial - 9 June, 2024

The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time...

Crypto

Breaking: Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal

the financial - 7 June, 2024

Robinhood Markets has announced an agreement to acquire Bitstamp Ltd., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash...

Crypto

AI Demand Surge Drives Crypto Miners to Transform Data Center

the financial - 6 June, 2024

The surge in GPU demand is driving crypto miners to transform their data centers to meet the needs of the artificial intelligence (AI) industry. According to a recent...

Crypto

FTX Estate Sells Off Remaining Anthropic Holdings Amid Bankruptcy Proceedings

the financial - 3 June, 2024

The FTX estate, led by CEO John Ray III, has divested its remaining shares in Anthropic, the AI startup known for its chatbot Claude,...

Crypto

Bitcoin Price Prediction Following Buterin’s Analysis of Scaling Disputes – Will BTC Adapt?

the financial - 1 June, 2024

Bitcoin (BTC) has failed to sustain its overnight bullish momentum, trading near $67,700. This downturn is influenced by several factors, including a $300 million...

Crypto

Ripple CEO Brad Garlinghouse Reveals XRP ETF is ‘Inevitable’ in US

the financial - 1 June, 2024

Ripple CEO Brad Garlinghouse ignited excitement with his bullish forecasts on May 30, particularly regarding the prospect of an XRP exchange-traded fund (ETF). Garlinghouse’s...

Crypto

Bitcoin Price Prediction as Bulls Defend $67,000 Level – Time to Buy?

the financial - 30 May, 2024

Despite hawkish remarks from Federal Reserve officials and stronger-than-expected U.S. economic data, which have reduced the likelihood of a Fed rate cut, Bitcoin (BTC)...

Crypto

Mt.Gox Transfers $9B Bitcoin to Single Address as Part of Repayment Plans

the financial - 29 May, 2024

Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure. Over 140,000 BTC, worth...

Crypto