Latest News on Middle East

The former Coinbase CTO says the crypto industry should build more financial tools for refugees and stateless people as conflicts and migration increase worldwide.

Bitcoin faced strong resistance at the $74,500 level, but the shallow price pullback could set the stage for a stronger breakout in BTC and altcoins.

It’s estimated that roughly 1,800 crypto companies operate in the United Arab Emirates, employing more than 8,600 people in various roles.

Bitcoin held strong above $67,000 amid oil surge to $119 per barrel on Middle East conflict and inflation fears, with analysts seeing signs of a potential BTC price reversal.

Bitcoin rebounded from around $65,725 to nearly $68,000 as oil pulled back from its 25% Sunday spike above $117 and market jitters eased.

Bitcoin’s price has now fallen for four consecutive days to $66,272 after initially climbing on the US-Israel strikes on Iran.

Creators posting AI-generated war footage without disclosure risk losing access to X’s revenue-sharing program for three months.

South Korea’s Kospi and Kosdaq tripped circuit breakers as the Middle East conflict drove a global exodus from stocks.

BTC price has slid about 35% on average over a month after similar trend line crossovers, keeping downside risk in focus for traders.

Elliptic’s initial tracing found many of the funds were sent to foreign crypto exchanges, potentially indicating capital flight from Iran amid rising uncertainty in the region.

Bitcoin’s return to the $70,000 level proves that buyers are absorbing the bulk of selling, but analysts warn that traders should be patient due to market bottoms taking months to form.

Oil prices are rising amid the US-Iran conflict, but whether Bitcoin will suffer is up for debate, as history suggests a bullish BTC price outlook.

A person familiar with the project reportedly said the stablecoin under preliminary discussion by the board would be established as “a means to allow Gazans to transact digitally.”

Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.

Abu Dhabi is anchoring Bitcoin for institutions, while Dubai builds payments, stablecoins and Web3 use cases into daily commerce.