Bitcoin heads higher in attempt to escape $30,000 level – Gulf Business
“Bitcoin has stabilised over the past few weeks on improved short-term momentum,” Katie Stockton, co-founder of Fairlead Strategies, wrote in a note Friday. …Read the full story
Tag: Gulf Business
Bitcoin retreats to consolidate below $30,000 – Gulf Business
Bitcoin had staged a mini-rally to start the week, rising to a three-week high of $32,359 on Tuesday and giving some in the markets hope that it might gain upward momentum. …Read the full story
Binance receives in-principle approval from Abu Dhabi Global Market – Gulf Business
The approval is to operate as a broker-dealer in virtual assets. …Read the full story
World’s first regulated carbon credit trading exchange to launch in UAE – Gulf Business
ADGM is set to become the first jurisdiction globally to regulate carbon credits and offsets as emission instruments, and to issue licences for exchanges to operate both spot and derivative markets. ACX intends to initially use its distributed ledger technology within a traditional commodity trading construct to create tokenised carbon credits for spot trading. Ahmed […]
Abu Dhabi’s Etihad launches green loyalty programme for corporates – Gulf Business
SAF Investment: According to the airline, sustainable aviation fuel has the potential to reduce up to 80 per cent of net carbon emissions throughout its full-cycle from production to utilisation. Green Surcharges: Corporates can opt to have a Green Surcharge added to each corporate travel flight ticket, which is then invested in offset solutions, such […]
SEC rejects Bitcoin ETF, showing it still opposes spot listing – Gulf Business
In a widely expected move, the SEC denied VanEck approval for its Bitcoin exchange-traded fund to trade on Cboe Global Markets, marking the first ruling on the subject since the initial Bitcoin futures ETFs launched. Though many analysts have been predicting an Ether-futures ETF will be the next iteration to reach the market, the physically […]