Tag: news

Abu Dhabi emirate firm invests $2 billion in crypto exchange Binance

Abu Dhabi's state-owned investment company MGX is investing $2 billion in a minority stake in cryptocurrency exchange Binance. It is the first institutional investment in a cryptocurrency exchange and one of the largest in the cryptocurrency industry, AFP reported. The companies did not comment on the size of the stake. MGX Makes Historic Crypto Investment Amid AI Expansion The price will be paid in stablecoins, cryptocurrencies...
Crypto

Solana Price Faces Major Decline: SOL Falls Below Key Technical Level for First Time Since 2022

The price of Solana (SOL) has recently dropped below a key technical threshold for the first time since March 2022, raising concerns about the token's potential for further decline. The price of Solana has dipped below its realized price, signaling that many holders may be underwater on their investments. This drop coincides with a broader market selloff, and analysts are now closely watching how...
Crypto
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US stocks fluctuated after the release of the Fed’s monetary meeting minutes

The Nasdaq Composite technology index closed today's trading on the New York Stock Exchange almost unchanged, while the Dow Jones index and the broader...
Crypto

Expected BTC correction of up to 30% before reaching the $100,000 mark

Bitcoin may be approaching the historic $100,000 mark, but analysts warn that there could be up to a 30% correction before it is reached....
Crypto

Suspicion Looms Over Central African Republic’s Memecoin Amid Deepfake Allegations and Scam Concerns

On February 10, the Central African Republic (CAR) took the world by surprise with the launch of its own memecoin, $CAR. The announcement, made...
Crypto

Pre-Christmas Market: Tokens or Cryptocurrency in Gift Packaging

As the holiday season approaches, the cryptocurrency exchange BITmarkets has enriched the pre-Christmas virtual gift market with its BTMT token. Digital gifts are on...
Crypto

Russian Crypto Exchange CEO Arrested in Poland, Set for Extradition to the U.S.

Dmitry Vasiliev, the former CEO of WEX, faces serious charges of fraud and money laundering linked to his involvement with one of the largest...
Crypto

MicroStrategy’s Bitcoin Holdings Surpass Nike and IBM Cash Reserves

MicroStrategy’s Bitcoin holdings are now valued at $26 billion, surpassing the cash reserves of companies like Nike and IBM. With Bitcoin’s price hitting $90,000...
Crypto

Spot Bitcoin ETFs on Three-Day Outflow Streak, Ether ETFs Rebound

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. have experienced their third consecutive day of outflows, while spot Ethereum ETFs have shown a modest...
Crypto

Bitcoin nears $64,000, eyes $100,000 milestone by the end of the year

Bitcoin has bounced back from its September and October lows, trading once again near $64,000. Market analysts suggest that the cryptocurrency could still hit...
Crypto

Ryanair’s quarterly profit surprisingly drops 46 per cent, collects less on tickets

Ireland's Ryanair Holdings, Europe's largest low-cost airline, posted a profit after tax of €360 million in the first quarter of its financial year. That's...
Crypto

Dutch Yandex completes plan to sell Russian businesses for $5.4 billion

Yandex NV (YNV), the Dutch parent of Russian technology firm Yandeks, has completed the sale of its technology businesses in Russia for about $5.4...
Crypto

Secrets of the Best Customer Service

Peter Svoren, CEO of Ozios, interviewed on the Dubai business community as well as on priorities of a successful broker in the online trading...
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