UAE and UK Accounting Bodies Partner to Shape Digital Finance Future

August 13, 2024 Bitcoin.com

The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks Federation to help businesses understand and adapt to the digital asset landscape. The partnership aims to support the UAE’s position as a global leader in digital finance. However, challenges such as the lack of standardized accounting […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets

August 8, 2024 Bitcoin.com

Accumulation

Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long-term holder addresses over the last 30 days. These recent statistics suggest that some investors are seizing the current price […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch

July 23, 2024 Bitcoin.com

Bitcoin

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday, U.S. spot bitcoin ETFs attracted $533.57 million, the highest […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

US Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million

July 9, 2024 Bitcoin.com

US Spot Bitcoin ETFs See Second Day of Inflows, Amassing 4.9 Million

21shares

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows. Blackrock’s IBIT Dominates With $187.21 Million Spot bitcoin ETFs in the U.S. experienced another day of gains on Monday, capturing $294.9 million in inflows during the […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%

April 26, 2023 Bitcoin.com

asset sales

In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors to flee the bank, causing its […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

March 14, 2023 Bitcoin.com

asset-liability management

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of the “Big Three” credit rating firms, Moody’s cited a “rapid deterioration […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

DMCC Crypto Centre Surpasses 500 member companies in 2022

January 14, 2023 Bitcoin.com

Ahmed Bin Sulayem

The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company registrations indicates the extent of investors’ “confidence in the […]

investor confidence