- Cryptocurrencies reeled from a bout of risk aversion in global markets on Monday, at one point sending Bitcoin down more than 10% and saddling second-ranked Ether with the steepest fall since 2021, Yahoo Finance reported. Bitcoin traded 8.5% lower at $54,100 as of 10:40 a.m. in Singapore, adding to a...
Cryptocurrency Ether witnesses meteoric rise since launch
NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Launched in 2015, Ether, also known as Ethereum, is by far the second-largest digital currency in terms of total...Crypto markets witness dynamic asset allocation amid volatility, says study
DUBAI, UAE – Institutional traders (INS) in the crypto markets maintain a conservative approach, with 50 percent of their portfolio in stablecoins and another 50 percent strategically invested in Bitcoin and Ether, according to a recent study conducted by Bybit Blog. “This risk-averse strategy is particularly notable in bear markets,...Bonfire of bitcoin: Why crypto assets are tumbling
The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly two trillion dollars recently. A week-long rout has wiped away tens of billions of dollars from that value and spread panic throughout the market. Bitcoin blues Bitcoin is the premier cryptocurrency and...FBI accuses North Korea hackers of $620m cryptocurrency heist
The hack, which last month targeted players of the popular game Axie Infinity, was one of the biggest to hit the crypto world, raising huge questions about security in an industry that only recently burst into the mainstream thanks to celebrity promotions and promises of untold wealth.Ukraine launches website for cryptocurrency donations
On the “Aid for Ukraine” website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin.How do NFTs work? Here’s a peek
An NFT by digital artist Beeple was auctioned at Christie's in March for $69.3 million in March this year.UAE platforms lead GCC crypto market
Even as the GCC countries dither to embrace cryptocurrencies, the UAE has made some significant strides in this regard.








