Bitcoin Makes History After Crossing $122,000 Level For the First Time

Bitcoin Makes History After Crossing $122,000 Level For the First Time

Bitcoin (BTC) has set a new all-time high of $ 122,266 on Monday morning. For those who haven’t been following BTC’s journey, the flagship currency has gained over $45,000 since dropping as low as $75,000 in early April. At around 9:00 a.m. UAE Time, BTC was up nearly 3 percent, reaching a high of $122,666. […]

XBTO partners with Arab Bank Switzerland to launch innovative Bitcoin yield product

XBTO partners with Arab Bank Switzerland to launch innovative Bitcoin yield product

GENEVA, SWITZERLAND – XBTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. The collaboration leverages XBTO’s proprietary “Diamond Hands” strategy to provide Arab Bank Switzerland’s clientele with […]

Bitcoin.com Establishes First Regional Headquarters at UAE’s DMCC Crypto Centre

Bitcoin.com Establishes First Regional Headquarters at UAE’s DMCC Crypto Centre

Bitcoin.com sets up its first MENA office in DMCC Crypto Centre, joining over 650 blockchain and Web3 companies. Move reinforces DMCC’s growing role as the most concentrated and dynamic hub for Web3 and emerging technologies in the region DMCC counts over 3,200 tech companies across its international business district, including over 800 companies within its […]

UAE-based Bybit Becomes First Major Crypto Exchange to Offer Direct Global Stock Trading with USDT

UAE-based Bybit Becomes First Major Crypto Exchange to Offer Direct Global Stock Trading with USDT

Bybit became the first and only major crypto exchange to unify crypto, stocks, and traditional assets under one roof. In a landmark move bridging traditional and decentralized finance, Bybit, the world’s second-largest crypto exchange by trading volume, has launched direct trading of top global stocks with USDT. This innovation—part of Bybit’s expanding Gold & Forex (MT5) […]

Bitcoin Surpasses $110,000 for the First Time in History

Bitcoin Surpasses $110,000 for the First Time in History

Bitcoin (BTC) has set a new all-time high of $110,099 on early Thursday morning. For those who haven’t been following BTC’s journey from hell back this year, the flagship currency has gained over $30,000 since dropping as low as $75,000 in early April. t around 6 AM Pakistani Time, BTC was up nearly 4 percent […]

Switzerland’s Bitcoin Suisse Receives In-Principle Approval from ADGM’s FSRA

Switzerland’s Bitcoin Suisse Receives In-Principle Approval from ADGM’s FSRA

Abu Dhabi – Bitcoin Suisse, the leading Swiss crypto financial service provider, is proud to announce that its subsidiary BTCS (Middle East) Ltd. has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. This milestone represents a significant step forward in Bitcoin Suisse’s strategic expansion, reinforcing its commitment to regulatory compliance, […]

ruya becomes first Islamic bank globally to offer Virtual Asset Investments including Bitcoin

ruya becomes first Islamic bank globally to offer Virtual Asset Investments including Bitcoin

Ajman, UAE: ruya (رويا), the UAE’s digital-first Islamic bank, is proud to announce a pioneering step in the region’s banking industry. In an unprecedented move, ruya has become the first Islamic bank globally to enable customers to buy and sell virtual assets, commonly known as “cryptocurrencies” including Bitcoin, directly through its mobile app. This service is part of ruya’s broader […]

Phoenix Group’s Bitcoin Mining Revenue soars 236% YoY, fuelled by Strategic Global Expansion

Phoenix Group’s Bitcoin Mining Revenue soars 236% YoY, fuelled by Strategic Global Expansion

Abu Dhabi, UAE – Phoenix Group PLC (ADX:PHX), ADX-listed technology leader, today announced a remarkable 236% year-over-year (YoY) surge in revenue for FY 2024, solidifying its position as a driving force in the global digital asset ecosystem. The company’s mining revenue reached $107 million in 2024, a significant leap from $32 million in 2023 and $5.4 million in 2022. This […]

Qareeb and Pantheon forge strategic partnership for rollout of Bitcoin Mining Data Centres across GCC

Qareeb and Pantheon forge strategic partnership for rollout of Bitcoin Mining Data Centres across GCC

Manama, Bahrain: Qareeb Data Centres, the Middle East’s first edge data centre provider, and Pantheon, a full-service global Bitcoin mining service provider, announced today they have signed a Memorandum of Understanding (MoU). This MOU sets out a strategic partnership between Pantheon and Qareeb to cover the rollout of Pantheon Bitcoin mining data centres across the Middle East region. […]

Bitcoin hits record above $109,000 awaiting Trump

Bitcoin hits record above $109,000 awaiting Trump

London – Bitcoin soared to a record high of $109,241 on Monday as anticipation grew over Donald Trump’s impending inauguration as the next U.S. president. The cryptocurrency briefly surged past the historic milestone before settling at around $107,500. The world’s largest cryptocurrency has been on a remarkable rally since Trump’s victory in November’s presidential election, […]