The United Arab Emirates’ banking system remains fully operational despite escalating regional conflict between the US, Israel and Iran, the country’s central bank said, as authorities moved to reassure markets following missile and drone attacks on the country this week. In a statement, Central Bank of the UAE Governor Khaled Mohamed Balama said banks, financial
In the bustling world of cryptocurrencies, where every moment can bring a new twist, the reliance on solid market data has become paramount for making informed investment decisions. Rapid price changes and the introduction of new projects require a structured approach to data analysis, which is transforming the investment landscape. As economic and political changes
The Bitcoin price attempts to exit a three-week long consolidation from a pennant pattern. U.S. spot $BTC ETFs recorded $787.3 million in fresh inflows after five straight weeks of outflows. The momentum indicator RSI spiked to 49% hints a neutral sentiment in short-term trend. The pioneer cryptocurrency, Bitcoin, jumped over 5% during Monday’s U.S. despite
Bitcoin is regaining bullish momentum after a week of geopolitical-driven volatility, with fresh inflows into spot exchange-traded funds helping support the latest price rebound. Summary Spot Bitcoin ETFs recorded roughly $155 million in net inflows, signaling renewed institutional demand. Bitcoin has recovered after last week’s volatility triggered by Middle East geopolitical tensions. Analysts say $BTC
In a landmark move for institutional cryptocurrency adoption, Japan’s three largest banking institutions—Mitsubishi UFJ Financial Group (MUFG), Mizuho Bank, and Sumitomo Mitsui Banking Corporation (SMBC)—have officially announced a joint proof-of-concept test for a new stablecoin. This unprecedented collaboration, reported first by Cointelegraph, represents a seismic shift in the traditional financial landscape, signaling that Japan’s most
Lux Thiagarajah argues that decentralized technology is not displacing banks but “re-platforming” them. According to him, regulated entities will remain essential because governments will not outsource prudential oversight to permissionless systems. From Revolution to Infrastructure For years, the promise of blockchain in finance was draped in the language of revolution. The world was repeatedly told
Bitcoin stabilizes near a key support zone as traders watch whether sustained buying pressure can drive a broader market recovery. Bitcoin (BTC) trades near $72,004, recording a daily gain of about 3.9% as buyers return to the market. The intraday chart shows a strong upward movement from the $69,000 region, pushing the price toward a
Story Highlights Bitcoin is trading inside the exact resistance zone analysts say determines whether this rally holds or fails. A crypto analyst warns $2.3 billion in long positions could get wiped and builds the case for $40K. With oil spiking and inflation rising, the Fed’s options are limited too. Bitcoin is climbing again, up over
Bitcoin price started a steady increase above $70,000 and $72,000. $BTC is now consolidating and might aim for more gains above $72,800. Bitcoin started a fresh increase after it settled above the $68,800 support. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming with
Billionaire investor Chamath Palihapitiya, a venture capitalist and former Facebook executive, recently argued that bitcoin has a “structural failing” that could limit its long term adoption by governments and central banks. Speaking on People by WTF podcast during the World Government Summit, Palihapitiya said that for a digital asset to become widely accepted at the