Crypto

E-payments account for 79% of Saudi retail transactions in 2024: SAMA

the financial -
RIYADH: Electronic payments made up 79 percent of all retail transactions in Saudi Arabia in 2024, up from 70 percent the previous year, according...
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GCC banks poised to weather global trade turbulence: S&P report

the financial -
RIYADH: Despite rising global trade tensions and heightened market volatility, banks across the Gulf Cooperation Council are expected to remain resilient, according to a...
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Saudi asset management industry hits $266bn, poised for further growth: Fitch Ratings 

the financial -
RIYADH: Saudi Arabia’s asset management industry grew by 20 percent year on year in 2024, pushing the sector’s total assets to SR1 trillion ($266...
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Crypto

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

the financial -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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

Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption

the financial -
The US state of Virginia, which is seeking to safeguard the crypto rights of its citizens, is one-step closer to creating a working group...
Crypto

Top Crypto Gainers Today on DEXTools – AISORA, SPARKO, SUBF

the financial -
As blue-chip crypto markets suffer wake of profit-taking in wake of Bitcoin hitting fresh all-time highs above $69,000, traders looking to turn a quick...
Crypto

Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution

the financial -
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution. Hashed, CMCC, Cypher Capital, Foresight...
Crypto

Bitcoin Price Prediction: BTC Eyes $60,000 Amid Market Optimism and Halving Event

the financial -
On Wednesday, Bitcoin price is showing signs of a significant uptrend, currently trading around the $57,200 mark with a notable increase of over 1.25%. This surge...
Crypto

Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein

the financial -
Wealth management firm Bernstein suggested Ethereum (ETH) may be the only digital asset after Bitcoin (BTC) to secure a spot ETF. In a Feb 19...
Crypto

Bitfinex

the financial -
Bitfinex is a premier destination for seasoned traders all over the world and one of the top exchanges in terms of recognition and trading...
Crypto

OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers

the financial -
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the...
Crypto

‘Western Agencies Using Crypto to Fund Spies in Russia,’ Lawmaker Claims

the financial -
Spies and “agents” from Western countries are using crypto to fund their operations, a leading Russian lawmaker claimed. Per News.ru, the comments came from Andrei Lugovoy,...
Crypto

Chinese State Media Outlet Reposts BTC ‘Outshining’ Gold Prediction

the financial -
Internet observers have expressed surprise after the Chinese state-run media outlet CCTV carried some bold predictions about bitcoin (BTC)’s long-term future – and featuring a forecast that...
Crypto

Startale Labs Secures $3.5 Million in Extended Seed Funding from Samsung and UOB

the financial -
Startale Labs, a Singapore-based Web3 firm, has secured an additional $3.5 million in funding from Samsung Next and United Overseas Bank (UOB) Venture Management. According...
Crypto

Coinbase’s Philanthropic Arm Donates $3.6 Million to Brink for Bitcoin Development

the financial -
Coinbase’s philanthropic arm GiveCrypto is donating $3.6 million to Bitcoin-supporting nonprofit Brink, according to a February 16 announcement. In an X post, Brink announced that...

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Business

E-payments account for 79% of Saudi retail transactions in 2024: SAMA

0
RIYADH: Electronic payments made up 79 percent of all...
Banking

GCC banks poised to weather global trade turbulence: S&P report

0
RIYADH: Despite rising global trade tensions and heightened market...
Business

Saudi asset management industry hits $266bn, poised for further growth: Fitch Ratings 

0
RIYADH: Saudi Arabia’s asset management industry grew by 20...
Business

Mortgage securitization can offer Saudi banks funding boost: Fitch  

0
RIYADH: Saudi banks could unlock additional funding and expand...
Business

Gold rates on April 17: Precious metal hits all-time high; here’s how much it costs in your city today

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Bullion remains heavily supported by a broadly weaker dollar,...
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