UAE cryptocurrency firm Phoenix’s CEO buys over 20m shares from open market
Munaf Ali of Phoenix Group has bought more than 20 million shares in the company in recent weeks.Supplied Dubai: Munaf Ali, the CEO of ADX-listed…
Tag: CRYPTO CURRENCY
Crypto Market Cycle Surprise: Altcoin Surge Missing as ETFs Reshape Investment Flows
The current cryptocurrency market cycle is deviating from established norms, catching many observers off guard. Predictions of a typical altcoin season, especially one following Bitcoin’s…
Crypto Prices Tumble as Trump-fueled Euphoria Fades
Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of…
Fed decision looms after US gov moves Bitcoin – here’s what to expect
The US Federal Reserve is set to announce its decision regarding interest rates this Wednesday afternoon at around 2PM EDT. As it stands, the Fed…
Sam Bankman-Fried Disgraced to be sentenced
By Natalie Sherman Business reporter, New York Sam Bankman-Fried, the former billionaire crypto boss who was convicted of fraud and money laundering last year, will…
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance…
FTX founder Sam Bankman-Fried to be released on $250mn bond
The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one of the biggest financial frauds in US…
FTX boss Sam Bankman-Fried arrives in US to face charges
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old…
The Year of the Doge? 2021, crypto’s wildest year yet
Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for…
New gold-based cryptocurrency set to launch in the UAE
Golden M Group has announced that Coin M will be the first of its kind in the Middle East A new gold-based, Sharia-compliant cryptocurrency is…