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

Wall Street Giants, JPMorgan’s Onyx Eye Industrializing Blockchain PoCs

the financial - 13 May, 2024

Leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian. JPMorgan’s blockchain...

Crypto

Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study

the financial - 6 May, 2024

A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users. The...

Crypto

Block to Reinvest 10% of Profits into Bitcoin Each Month

the financial - 3 May, 2024

Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed. Block...

Crypto

Bitcoin Price Prediction: BTC at $57,520 Amid FOMC Updates and Roger Ver Tax Fraud Allegations

the financial - 2 May, 2024

During the Asian session, Bitcoin (BTC/USD) trades at $57,520, reflecting a 1.25% decrease. This movement is positioned below the pivotal $59,328 mark and suggests a cautious,...

Crypto

Post Bitcoin Halving Miners See Temporarily Higher Fees: CryptoQuant

the financial - 25 April, 2024

Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record...

Crypto

BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant

the financial - 16 April, 2024

BlackRock’s Bitcoin ETF stands out as the sole spot Bitcoin fund in the United States to experience inflows on Monday, while other ETFs reported...

Crypto

Bitcoin Cash Rallies 13% Ahead of BCH Halving, Bitcoin Steady Around $70K

the financial - 29 March, 2024

Bitcoin (BTC) prices were little changed over the past 24 hours amid few catalysts after a volatile week. Prices briefly jumped above $71,000 on Tuesday, but...

Crypto

Bitcoin, Ether Could Witness Upside Volatility as $15B Options Expiry Looms

the financial - 28 March, 2024

The impending quarterly expiry of bitcoin (BTC) and ether {{ETH} options contracts worth several billion dollars could breed bullish price volatility, according to observers. On Friday at...

Crypto

Regulation boosting confidence in cryptos

the financial - 28 March, 2024

Investors in the UAE realised capital gains totalling $204 million from their crypto investments in 2023, according to Chainalysis, a blockchain analysis firm. With...

Crypto

Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion

the financial - 26 March, 2024

The price of Bitcoin has maintained a level around $70,500 despite recent outflows from spot ETFs. At the time of writing, the leading cryptocurrency is trading at...

Crypto

4 Reasons Why A Smart Bitcoin Investment Makes Sense for Your Child’s Future

the financial - 22 March, 2024

Cryptocurrencies are no longer on the fringe of finance, and some parents are exploring them as an investment to build their children’s future nest...

Crypto

Crypto Exchange Listing and Delisting Announcements: March 18, 2024

the financial - 20 March, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. MEXCListings:MyDogSOL...

Crypto

GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K

the financial - 20 March, 2024

Grayscale’s spot Bitcoin exchange-traded fund (ETF), GBTC, has seen the biggest outflow on March 18 as Bitcoin price continues to drop. As per BitMEX Research, a total...

Crypto

Decoding Singapore’s S$2 Billion Investment into Digital Economy: Coinbase

the financial - 18 March, 2024

In February 2024, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong delivered the country’s Budget Statement for Fiscal Year 2024. The Budget...

Crypto

Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister

the financial - 18 March, 2024

Bitcoin’s record high above $72,000 hasn’t changed the Indian government’s position on crypto, according to Finance Minister Nirmala Sitharaman. At the India Today Conclave 2024 on Friday, Sitharaman said...

Crypto

Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX

the financial - 18 March, 2024

Bitcoin (BTC) changed hands at around $67,800 during Monday's Asian trading hours, as pre-Federal Open Market Committee (FOMC) volatility worked its way through the crypto market,...

Crypto

Qatar’s Sovereign Fund Might Be Buying Bitcoin, But Surely Not $500B Worth

the financial - 15 March, 2024

Bitcoin maximalists like Max Keiser have spread rumors of a $500 billion BTC purchase by Qatar, which would be larger than the sovereign fund's...

Crypto

Crypto Asset Manager 21Shares Surpasses $5 Billion in AUM

the financial - 11 March, 2024

Crypto asset manager 21Shares has surpassed $5 billion in Assets Under Management (AUM) amid market rebound. In a Tuesday press release, the world’s largest issuer of...

Crypto

UK Financial Watchdog Limits UK Crypto ETNs to Professional Investors Only

the financial - 11 March, 2024

The UK’s financial regulator will allow recognized exchanges to launch crypto asset exchange-traded notes (cETNs). Only professional investors, like investment firms and authorized credit institutions, will have...

Crypto