Tag: Cryptocurrency
Musk Still Believes in Bitcoin – He Didn’t Sell Any
Elon Musk’s sudden u-turn regarding Bitcoin on Twitter - which sent prices plummeting by 30% - could be more of a PR stunt than...
Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs
The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of...
Encrypted Currency May Become the Next Digital Oil in UAE
Well Known Blockchain Investor Mr Ryan Xu said that in the first phase, they are going to move their crypto mining business in the...
New Mining Fork of Ethereum Completed to Incentivize The PoW Mining...
On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to...
Investors Flock to Cryptocurrency Staking with $100 Billion Staked in Major...
Data acquired and calculated by Finbold indicates that the value of the top ten staked cryptocurrencies stands at $99.2 billion as of April 20, 2021.
Cardano (ADA)...
Soaring Demand Drives Gold-Backed Cryptocurrency Listing
A gold-backed digital asset has been added to a financial advisory and fintech organisation’s cryptocurrency app.
deVere Group added Pax Gold (PAXG) to deVere Crypto...
First Blockchain-enabled Precious Metals Refinery to Open in Dubai
DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and...
Bitcoin Price Will Be “Permanently Hiked” By Institutional Investors
A Bitcoin price drop will trigger a surge in institutional investment, driving up the price permanently.
The observation from Nigel Green, chief executive and founder...
Crypto Businesses Now Able to Set Up at DMCC in Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of...
Is Bitcoin Set to Have a 2017-style Mini Boom This Year?
Bitcoin’s price is set to “surge before the end of 2020” with investors keen not to “sleepwalk” through a 2017-style mini-boom, says Nigel Green,...
Top 10 Companies Hold $15 Billion in Bitcoin, 4% of Total...
Bitcoin has witnessed a major spike in 2020 hitting new price levels recorded almost three years ago. With the price surge, Bitcoin demand is...
Bitcoin’s Coming of Age? May’s Historic Halving Taking Place in a...
The Bitcoin price will hit ‘at least $10,000’ even before the four-yearly ‘halving’ event taking place in two weeks, predicts the CEO of one...
Bitcoin’s Price To Be Boosted By May’s ‘Halving’
The historic Bitcoin halving event next month will boost its price – but other key drivers will have a more significant, longer-term impact.
This is...
Historical Evidence For Bitcoin Performing Like Digital Gold
In the first days after the outbreak of the coronavirus crises in the West, crypto plunged like traditional asset classes. Bitcoin was pronounced...
What Facebook’s Privacy Pivot & Cryptocurrency Might Mean for Your Business
Facebook has had a pretty tough couple of years. Maybe not from a money-making point of view (revenue is continuing to rise, albeit at...
Average Age of UAE Job Seekers Below 30
NADIA Global, the leading recruitment and training provider, has revealed that the average age of job seekers in the UAE is below 30 years...
ADGM Launches Crypto Asset Regulatory Framework
The new ADGM crypto framework instils proper governance, oversight and transparency over crypto asset activities
Abu Dhabi Global Market (ADGM), the International Financial Centre in...
What Are Cryptocurrencies?
A potential new form of money that offers benefits while posing risks
Hundreds of them have sprouted, with fanciful names like Primecoin, Dash, and Verge....