Survey conducted in the UAE reveals surprising cryptocurrency patterns among varying age groups
Crypto economy
crypto business
Hong Kong-listed Huobi joins Dubai’s crypto ecosystem after regulator greenlight
The platform plans to expand its workforce in the region over time
Blockchain
Here’s why you should still believe in cryptocurrency
Despite recent setbacks the transformative technology of cryptocurrency is still revolutionising finance
crypto business
Singapore’s Fintonia Group gets provisional virtual assets license in Dubai
It comes as the firm aims to tap a huge number of UAE residents who are interested in investing in cryptocurrencies
Abu Dhabi Global Markets
UAE’s Rakbank teams up with top crypto platform Kraken to offer AED-based digital asset trading
Currently, crypto investors in the UAE need to use foreign correspondents to fund their trading
crypto assets
Crypto trading app OKX secures Dubai licence
The company hopes to participate in the UAE’s growing crypto ecosystem
Bitcoin
Around 3 million Saudis are investing in cryptocurrencies, new study reveals
The report comes as cryptocurrency gains traction in the Middle East, despite a current downward trend in the industry
Bitcoin
Concerned about crypto investments? Read all the top advice from experts during uncertain times
Is it time to buy or sell? Will crypto giants such as Bitcoin and Ethereum climb back to historic highs in the future or is this the end of an era? Here’s what industry experts have to say
Bitcoin
UAE’s BitOasis fires nine employees amid global crypto downturn
The move happens on the back of extreme volatility in the crypto market where major digital coins, including Bitcoin, were hit by a shop drop in valuation
blockchain technology
Is there light at the end of the crypto tunnel? Early musings after the market meltdown
The cryptocurrency pool will consolidate, with many digital coins disappearing, an expert told Arabian Business
binance
Crypto world braces for ‘furnace of fire’ as investors, regulators keep close watch
Bitcoin could take months to rally again, an analyst said
Bitcoin
‘Crypto winter’ woes reach scorching Gulf shores amid rising credibility concerns
Investors in the Middle East tend to be more sensitive to volatility and risky assets, an expert said
Bahrain
Bahrain’s Rain launches advanced crypto trading service for ‘savvy’ investors
The leading platform wants to attract active and advanced crypto traders in the region
Bitcoin
Job cuts and hiring freezes follow crypto crash as Coinbase, Bahrain’s Rain ‘make tough decisions’
Bahrain’s Rain has laid off dozens of employees; Winklevoss-brothers owned Gemini Trust has slashed 10 percent of its staff; and Coinbase has stopped hiring for the ‘foreseeable future’
ADGM
Investors should choose discipline over ‘drastic action’ because crypto ‘is here to stay’: Expert
There’s no need to panic. Markets always go through cycles and this period could be used to make smart investments, the co-founder and CEO of MidChains said
Blockchain
What impact will the crypto crash have on the future of blockchain, digital assets, and venture capital?
Entrepreneurs have flocked to the crypto and blockchain space as the hype heightened over the past couple years
Crypto economy
Despite the crypto market crash, there is a way to invest ‘wisely’ and with lower risk, an expert advises
Divi CEO Nick Saponaro talks about making cryptocurrency investments easier to understand, more accessible, and more secure for the average user on The Spencer Lodge Podcast in partnership with Arabian Business