Dubai is well-positioned to benefit from the growing cryptocurrency market in the Middle East as its regulators lead a push toward acceptance of blockchain-based technologies, according to Bittrex Global’s chief executive officer. The United Arab Emirates and Dubai are “doing all the...

Digital currency continues to recover from its collapse in June Bitcoin has topped more than $50,000 for the first time in three months as it continues to strengthen from its recent lows. The digital currency stood at $50,359.16 as of Monday morning, up 2.74 percent from the day...

Launched in 2015, the platform also recorded a doubling of its user base in the last six months compared to the same period last year DUBAI: Dubai-based digital asset platform BitOasis saw trade volumes exceeding $3 billion during the first half of 2021 – a positive sign for the...

Crypto property purchases are usually cash purchases; the cryptocurrency is converted into cash at a crypto exchange house before the transfer Some developers and real estate brokers in Dubai are telling investors that they will accept cryptocurrency as part of the purchase price for...

In July, miners earned almost a billion dollars on bitcoins, at the end of the month their profit amounted to 971.8 million dollars. This is more than in June — then the revenue was equal to 839 million. This is reported by the portal The Block. However, the record figure was...