Regulatory initiatives such as the UAE Central Bank’s move to give legal clarity to payment token issuers through its Payment Token Services Regulation are accelerating the shift
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Phoenix Group adds 52 MW to Ethiopian Bitcoin mining operations
The Abu Dhabi-based Phoenix Group expands its operations in Ethiopia to 132 MW, leveraging hydropower to strengthen its position among the world’s largest miners
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Crypto market: Retail participation in the sector predicted to see a major boost in Bitcoin as a result of Trump’s IRS overturned
Bitcoin prices shot up in early trading hours on Monday, April 28, to cross the $94,000 mark, touching $94,083 briefly, gaining close to 8% in 7 days
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UAE’s ruya becomes first global Islamic bank to offer Shari’ah-compliant crypto trading
Digital Islamic bank ruya teams up with Fuze to offer secure, ethical crypto investments aligned with Islamic financial principles
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Bitcoin for Eid? UAE families swap cash for crypto amid 41% growth in digital asset adoption
UAE families are shifting to digital Eidiya for smarter Eid gifting
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ATS Travel to accept payment in crypto after Payhound partnership
The travel agency claims to become the first in the Middle East to accept cryptocurrency as a form of payment
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Bitcoin price projected to crash to $70,000 as crypto market’s Trump optimism wanes
The ongoing trade tariff war, discussions of stagflation, and the rush to safe havens are also turning investors away from the crypto market
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Crypto market hits ‘extreme fear’ zone: Trump tariffs, US economy slowdown trigger market volatility
Beyond trade tensions, crypto markets are facing uncertainty over a potential US economic slowdown, exacerbated after a raft of weak readings on consumer sentiment
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Bitcoin plunges below $90,000 mark post Donald Trump’s crypto order: Report
Bitcoin briefly touched $85,899.99, its lowest point since November, placing it nearly 20 percent below its all-time high reached on US President Donald Trump’s inauguration day
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Trump’s return sparks crypto surge: What does this mean for the US, Middle East?
The market’s response to Trump’s re-election and subsequent pro-crypto policies has been swift and pronounced
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Bitcoin price rebounds to cross $100,000 amid lingering fears of major crypto market upheaval
Ethereum rebounded from $2,451 on Monday to $2,799 on Tuesday, marking a significant recovery for the major cryptocurrency
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Phoenix Group expands global footprint with 80MW Ethiopian PPA
Abu Dhabi group plans to announce more sites in the African nation, apart from making an entry into South America later this year
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Hackers steal $2.2bn in crypto in 2024 amid Bitcoin bull run: Report
The number of individual hacking incidents increased from 282 in 2023 to 303 in 2024, resulting in these losses
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Bitcoin hits record high above $106,000 on strategic reserve hopes
Bitcoin has surged by more than 50 per cent since the November 5 election, which saw Trump elected alongside many other pro-crypto candidates
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Trump-fueled bitcoin rally sparks dual threat: Cyber extortion, LLM attacks loom, experts say
Another trend industry experts and insiders are anticipating in 2025 is the spread of the generative AI-based ‘deepfakes’ into the business sector in a big way
Bitcoin
Bitcoin hits new all-time high of $100,000
Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin
Abu Dhabi
Abu Dhabi announces first-ever Bitcoin-rewarded NFL flag football event
The event, set for Al Nahyan Stadium at 7pm, features Super Bowl Champion Russell Okung, who made headlines as the first professional athlete to receive his salary in Bitcoin