Middle East | Crypto

Bitcoin has climbed to $105,000 after Trump has claimed to broker a ceasefire between Israel and Iran, prompting a market response. Crypto prediction site Polymarket has lifted peace odds to 99% and is in talks to raise $200m at a valuation above $1bn. The post Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next? appeared first on Cryptonews.

Bitcoin bounced to $106,000 as traders bet on higher chances of Fed interest rate cuts due to tensions in the Middle East. Key takeaways: Bitcoin swiftly rebounded to $106,000, signaling firm institutional investor demand despite growing global unrest. A sharp 8% drop in Bitcoin’s hashrate raised concerns over mining stability amid Middle East tensions. Read more

Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. One of the main takeaways from TOKEN2049 earlier this year was that the UAE, and Dubai in particular, is the hottest spot (quite literally) […] The post ‘Come to Dubai, habibi,’ what’s luring crypto companies to the Middle East? appeared first on CryptoSlate.

RLUSD stablecoin has won simultaneous clearance from Dubai’s DFSA and New York’s NYDFS, giving Ripple a regulatory edge in the $160 billion stablecoin sector. The approval has allowed 7,000 DIFC firms to route low-cost cross-border payments, while growing UAE demand challenges Tether’s dominance. The post Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD appeared first on Cryptonews.

HashKey Group, a prominent digital asset financial services firm in the Asia-Pacific region, has received a VASP license from the VARA. The post HashKey Secures VASP License from Dubai’s VARA to Expand in Middle East appeared first on Cryptonews.