Bitcoin MENA 2024 has gained the support of influential companies like Binance, eToro, M2, and OP_NET for its upcoming conference and exhibition in the Middle East.
MicroStrategy plans to raise $1.75 billion to purchase more Bitcoin, just after disclosing a $4.6 billion acquisition.
BlackRock secures a commercial license in Abu Dhabi, aiming to enhance regional presence by collaborating with local sovereign wealth funds and seeking regulatory approval in the Abu Dhabi Global Market.
Kaixin Holdings is planning to acquire a controlling stake in a Middle East cryptocurrency mining company for $200 million, enhancing its market position and potentially boosting revenue by 25%.
Tether has entered the crude oil market with a $45 million transaction using USDT in the Middle East, marking a new phase for the company into commodities trading. This move is part of Tether's broader strategy to introduce efficient financial solutions and support industry sectors, alongside its recent cooperation in recovering stolen digital assets.
Tether's trade finance arm has facilitated a $45 million crude oil deal in October 2024, marking its first transaction in the Middle East. The transaction involved 670,000 barrels of crude oil, showcasing Tether's entry into the global trade finance sector.
Tether has completed its first oil transaction in the Middle East, involving a $45 million deal with a major oil company and commodity trader for 670,000 barrels of crude oil.
Tether has financed its inaugural oil transaction in the Middle East, aiming to expand the usage of USDT in global trade finance.
Tether has completed its inaugural USDT-based crude oil transaction in the Middle East, financing a $45 million deal for 670,000 barrels as part of its commodity trading strategy.
Tether has financed a $45M crude oil deal for 670,000 barrels from the Middle East, marking their entry into the $10 trillion trade finance industry and reporting $7.7 billion in profits for 2024.
Tether enters oil trade with a $45M Middle Eastern crude deal, expanding its presence in trade finance.
Tether has financed the first-ever crude oil transaction in the Middle East, involving 670,000 barrels valued at $45 million.
Tether's investment division funded its first crude oil transaction in the Middle East, involving a major oil company and a top commodity trader. The deal facilitated the transport of 670,000 barrels of oil, valued at $45 million, marking an expansion of USDT adoption.
Tether has executed the first USDT-based oil transaction in the Middle East by funding a $45 million crude oil shipment, demonstrating its potential impact on global trade finance.
Tether has completed funding for a Middle Eastern crude oil transaction between a super-major oil company and a commodity trader, involving 670,000 barrels valued at $45 million.
Tether Holdings Ltd is launching a Dirham-pegged stablecoin on the TON Network, extending its influence in the Middle East.
Bitcoin surpassed $71,000, leading other cryptocurrencies into a bullish trend ahead of the US elections. The surge follows a dip caused by rumors of a Tether investigation and Middle Eastern conflicts.
Plastichero is expanding its blockchain-based recycling initiative to the Middle East, appointing Bruce Jeong as Chair to lead the expansion.
Bitcoin's price rise hasn't encouraged retail investors, who remain cautious. CryptoQuant reports low investment growth and reduced market liquidity, but potential for price gains. Retail investors acquired 1,000 BTC recently, while selling pressure is low. Current price is $66,896 with rising trading volume.
Crypto markets face volatility due to Tether investigation fears and Middle East tensions, leading to liquidation surges.
A controversial Tether report and Middle East tensions caused volatile crypto markets, leading to $380 million in liquidations. Tether denied allegations of aiding illegal activities. Bitcoin and major altcoins saw price declines, affecting investor confidence.
The Bitcoin Conference is set to take place in Abu Dhabi at the ADNEC Centre on December 9-10. Eric Trump will keynote, joining top Bitcoin innovators and government officials to discuss the Middle East's rapidly growing financial landscape.
The Bitcoin Conference makes its Middle East debut in Abu Dhabi on December 9-10, featuring Eric Trump as a keynote speaker. The event at ADNEC Centre will explore the future of finance, focusing on the region's 'New Gold Rush.' It includes top Bitcoin innovators and government officials.
Experts predict a significant rise in Bitcoin ($BTC) amid Middle East tensions, with several altcoins expected to follow a similar growth path.
Arthur Hayes predicts Bitcoin's price will rise if Middle East tensions increase oil prices.
Rising tensions in the Middle East are causing increases in commodity prices, including Bitcoin, gold, and oil. Bitcoin is being viewed as a safe haven in times of crisis.
Arthur Hayes predicts a Bitcoin rise due to inflation and Middle East tensions, emphasizing increased value in fiat terms as newly printed dollars enter the market.
Arthur Hayes warns Bitcoin miners in the Middle East of risks from the Israel-Iran conflict, potentially affecting supply chains and electricity costs. He advises diversifying mining locations.
Arthur Hayes suggests Middle East conflicts might boost Bitcoin prices due to Iran's Bitcoin mining involvement.
Arthur Hayes, co-founder of BitMEX, suggests that geopolitical tensions could lead to a surge in Bitcoin prices. War-related spending might increase government borrowing and inflation, driving up Bitcoin's value as a hedge against US dollar devaluation.
Arthur Hayes predicts that potential conflicts in the Middle East could lead to an increase in Bitcoin prices, highlighting Iran's key role in Bitcoin mining and hash rate.
Arthur Hayes discusses how the Middle East conflict might affect Bitcoin. He suggests the destruction of Iranian mining wouldn't hurt BTC price and notes potential oil price increases could boost Bitcoin's value. Hayes expects Bitcoin mining profitability to remain stable despite potential energy cost rises.