The UAE currently holds over $900 million worth of Bitcoin.
according to market sources: The UAE currently holds Bitcoin worth over 900 million USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
While broader markets fluctuate, specialized crypto-gaming projects are steadily gaining momentum
- Kamirai bridges DeFi and gaming via Kamirex Exchange, a high-speed DEX for Asia's crypto demand, and a PlayStation/Xbox RPG using its token for transactions and governance. - $HUGS meme coin leverages Milk Mocha IP with 60% APY staking, deflationary token burns, and charity-linked revenue, combining viral branding with blockchain utility. - Mutuum Finance's Ethereum-based lending protocol raised $18.7M in presale, offering institutional-grade DeFi solutions with 250% token price growth and 18,000+ holder

Bitcoin News Today: 95% of Bitcoin's Supply Reached—A Powerful Symbol of Scarcity Triumphing Over Fiat Currency Devaluation
- Bitcoin's supply now exceeds 95% of its 21 million cap, with 2.05 million remaining to be mined by 2140 via halving mechanisms. - The 2024 halving reduced block rewards to 3.125 BTC, intensifying miner reliance on fees as output halves every four years. - Experts highlight Bitcoin's scarcity as a hedge against fiat debasement, though price impacts remain limited as adoption and regulation gain priority. - New projects like Bitcoin Munari aim to replicate Bitcoin's capped supply model while adding program

AI Industry's Contrasting Approaches: C3.ai Faces Downturn While SoundHound Rises on Strong Cash Flow
- C3.ai faces declining revenue (-20% YoY) and widening net losses ($117M Q1 FY2026), driven by margin compression from IPD sales and operational reorganization risks. - SoundHound AI leverages $269M cash reserves to expand conversational AI, achieving 68% YoY revenue growth and strategic acquisitions like Interactions. - Citigroup's strong Q4 earnings ($2.24/share) and dividend hike attract institutional investors, contrasting with AI sector's fragmented performance and valuation challenges. - Divergent A

Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities
- Visa launches stablecoin payout pilot via Visa Direct, enabling real-time USDC transfers to crypto wallets for emerging market gig workers. - Program allows fiat-funded transactions with stablecoin receipts, addressing currency volatility and limited banking infrastructure in regions like Bolivia. - Partnerships with Nium and Wirex expand cross-border solutions, while regulatory compliance via KYC/AML requirements ensures broader accessibility. - Initiative reflects Visa's strategy to bridge traditional

