Expert opinion

As crypto adoption continues to rise at unprecedented levels, Stephen Stonberg, CEO of cryptocurrency exchange Bittrex Global, sees the growth of the crypto sector as ‘too big to ignore’ for traditional financial institutions. Just regulatory clarity would provide added impetus to it, he suggests. Crypto adoption continues to rise at unprecedented levels, with expanding use…

CryptoCompare tracker data shows that top-tier crypto exchanges hit an all-time high of 96% market share this year as traders sought lower-risk venues amid broader market volatility. Crypto exchanges considered top-tier increased their market share to 96% in February from 89% in August, according to data collected by UK analytics company CryptoCompare. These 78 exchanges,…

Will Dubai, the Middle East’s new crypto oasis, go global, essays Liam Gibson for Wealth of Geeks. Dubai has big ambitions to become a regional and global destination for cryptocurrency. It is well-positioned as the most populous of the United Arab Emirates’ seven emirates and the region’s undisputed travel and trade hub. Located at the…

NFTs have taken the internet by storm over the last five years, generating countless column inches and eye-watering levels of investment. This is a sector ripe with opportunity, but, as with any investment, it pays to do your homework, says Nasreen Faqihi, Chief Executive of NFT platform Crypto Camels Club. If you spend even a…

An analytic report from American investment firm VanEck says Bitcoin appears to have a much higher upside potential than gold. If each of the assets becomes the only reserve asset globally, Bitcoin could top $1.3 million, while gold may reach a price of $31,000 per ounce, respectively. However, these extreme cases have a more likely…

Areije Al Shakar, the senior vice president at Bahrain Development Bank & director at Al Waha Venture Capital Fund of Funds, revealed her thoughts on Wamda. Banks and financial regulators in the Middle East have been slower to embrace cryptocurrency than Europe and the US. Before the pandemic, the Middle East’s crypto market was still…