Browsing: Featured News

Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130 million in liquidated long positions, pushing the cryptocurrency’s price down to $100,000 from its weekend

The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The move, reflecting a cautious pivot towards monetary policy normalization, comes amid signs of sustained inflation

Global investment management firm Calamos has launched a groundbreaking Bitcoin-focused exchange-traded fund (ETF) that offers 100% downside protection against the cryptocurrency’s notorious price volatility. The ETF, which began trading on Wednesday, combines U.S. Treasury bonds and Bitcoin-linked options to provide

Bitcoin surged to a historic high above $109,000, buoyed by market enthusiasm surrounding the inauguration of incoming U.S. President Donald Trump and the debut of two meme cryptocurrencies introduced by the Trump family. The flagship cryptocurrency was last recorded at

The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative involves the construction of two wind farms, each with a capacity of 550 megawatts, combining

Bitcoin has surged past the $100,000 mark (now $98K), driven by a renewed appetite for risk assets following softer-than-expected U.S. inflation data according to Arab Crypto Insight. The milestone marks a significant rebound in the cryptocurrency market, reflecting broader optimism

The U.S. Food and Drug Administration (FDA) has proposed a significant overhaul of food labeling, introducing front-of-package nutrition labels to provide clearer insights into the nutritional content of packaged foods and beverages. The proposed labels, aimed at curbing chronic disease

Cision, a global leader in consumer and media intelligence solutions, has announced the appointment of Guy Abramo as its new Chief Executive Officer, effective immediately. Abramo brings over 25 years of executive leadership experience, having successfully driven growth and transformation

Starbucks has announced a reversal of its 2018 open-door policy, requiring customers to make a purchase before accessing restrooms, seating, or Wi-Fi. The updated “Coffeehouse Code of Conduct,” which takes effect on January 27, 2025, applies to all U.S. company-owned

President Sheikh Mohamed bin Zayed Al Nahyan met with His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, during the latter’s working visit to the UAE. The leaders deliberated on strengthening bilateral relations and advancing cooperation across various sectors