Musk says cryptocurrency can be used to buy Tesla merchandise Dogecoin’s price surged on Friday in the wake of new social media comments by serial entrepreneur Elon Musk, who said that the cryptocurrency can now be used to buy Tesla “merchandise”. The meme-inspired cryptocurrency...

The centre attributed the record to factors including the launch of DMCC Crypto Centre The Dubai Multi Commodities Centre (DMCC) said that it had registered its highest number ever of new companies in 2021, attributing it to factors such as the launch of the DMCC Crypto Centre....

Bitcoin, the world's largest cryptocurrency in terms of market capitalization, posted outflows of $107 million in the week to Jan. 7 Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report from digital asset manager CoinShares...

Largest cryptocurrency falls below $42,000 on Friday Bitcoin continued its losing streak on Friday, dropping to its lowest level in three months on the back of hawkish US Federal Reserve commentary and unrest in Kazakhstan. The world’s first cryptocurrency was priced at a little...

Move is part of plans to expand regional operations Binance, the world’s largest cryptocurrency exchange by trading volume, has received in-principle approval from Bahrain's central bank to become a crypto-asset service provider in the Gulf kingdom. The approval comes after...

To enforce standards for investor protection Dubai World Trade Centre (DWTC) will become a comprehensive zone and regulator for virtual assets and crypto including digital assets, products, operators and exchanges, as part of the emirate's efforts to create new economic sectors....

The iconic Pontifex Carpet was turned into an NFT and will be displayed in an ornate gold frame on a 65-inch digital canvas DUBAI: The UAE’s gift to Pope Francis has been rendered as a non-fungible token (NFT) that will be available for purchase for $150,000 at Abu Dhabi Art this week....

The cryptocurrency extended its gains, breaching the previous day's $4,600 level Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin's rally and riding on news of wider blockchain adoption. The ether token, which underpins...

Capability to list units worth up to $200mln on Nasdaq Dubai UAE - The Bitcoin Fund, the Middle East’s first listed digital asset-based fund has received approval from the Dubai Financial Services Authority (DFSA) for its At-the-Market program on Nasdaq Dubai. In line with the...

Cryptocurrency investment products and funds recorded inflows for a seventh straight week Bitcoin, the world's biggest cryptocurrency by market value, rose above the $50,000 mark for the first time in four weeks on Tuesday, adding to a series of gains since the start of October....