Bitcoin’s 73 per cent rebound in 2023 from last year’s crypto rout has stalled around the $30,000 level
The largest token rose as much as 3.7 per cent on Thursday
Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore
The largest token fell as much as 4.5 per cent on Wednesday
The company also revealed future plans to elevate its global presence with a stronger foothold in the region
The digital currency has jumped 78 per cent this year
Focusing on engaging with regulators and policymakers to ensure secure and sustainable growth of the crypto ecosystem is key
However, it is still down more than 50 per cent from its all-time high in November 2021
Since the start of the year, Bitcoin’s price has risen almost 70 per cent
The co-founder and CCO says that the creator economy will see a lot of individuals start to collaborate with brands and their community
With the recent surge in loan defaults and plunge in cryptocurrencies, the value of new generation machines has dropped 85 per cent
Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts
The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services
The spokesperson said the cuts are part of a wider reorganisation
The largest token rose as much as 2.4 per cent and was trading at $24,020 in Singapore
Digital asset platforms are facing a crisis in investor confidence following the collapse of FTX exchange
Crypto is an essential long-term investment and is the building block towards a cashless society
The developer aims to create new avenues for investors to diversify their investment portfolio via digital assets
Dubai’s real estate sector has taken massive strides in terms of sales and investment
More than 100 FTX-related entities filed for US bankruptcy protections on November 11
The application is said to provide a welcoming environment for first-time crypto investors, offering a wide range of services for novice to advanced users
Details on the size of the fund and the projects to support are still not decided and it’s likely several weeks before the vehicle takes off
The company can now offer an approved range of virtual asset related services to institutional investors in Dubai
Holding its third day of sessions, the event under the theme of “Crypto Abu Dhabi”, facilitated the assembly of the global crypto, blockchain and decentralised finance entities
The permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by FSRA
Binance Holdings is now set to acquire FTX.com in what would be a radical consolidation of power in the crypto world
Check out the roundup of crypto gadgets and accessories you should buy
Crypto Oasis identified over 1,450 established organisations across the UAE with more than 7,000 people working in it
Top-down macroeconomic and bottom-up crypto-specific headwinds have been blowing strongly for digital assets resulting in the biggest ever drawdown
Cryptocurrencies, like other riskier investments, have been suffering in a tighter-monetary-policy environment