The top Ethereum treasury companies scooped up at least $1.6 billion worth of Ether in the past month, while institutional buying surged over the past week as Ether rallied. Corporate Ether treasury companies accumulated more than 545,000 ETH over the past 30 days, according to recent purchase announcements. On Monday, BitMine Immersion Technologies, chaired by…

Bitcoin has become the world’s fifth-largest asset, overtaking Amazon by market capitalization. Bitcoin price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported. These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon’s $2.3 trillion, Silver’s $2.2 trillion and Alphabet’s…

Key takeaways With no personal income or capital gains tax and recent VAT exemptions on crypto transactions, the UAE provides an unmatched financial incentive for crypto investors. Dubai’s VARA and Abu Dhabi’s FSRA lead with retail and institutional frameworks, while RAK, Sharjah and others are developing tailored zones and policies for Web3 innovation. Free zones…