United Arab Emirates, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of AED trading pairs, allowing users to trade supported digital assets directly using AED balances deposited via local UAE bank accounts. The new offering enables eligible users to trade in AED directly without first converting funds into another currency, simplifying access to digital […]
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. […]
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 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 […]
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 (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 […]
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, […]
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 […]
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 […]
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. […]