Renewed Houthi strikes on Saudi energy sites and US-Iran clashes over the Strait of Hormuz are lifting Brent crude (BRENT) near $100 …
Middle
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Analysis
Middle East Crypto Transactions Soar to $350,000,000,000 Amid Iran Conflict as Investors Seek Digital Hedges: Report
by shayaanby shayaanCrypto trading activity across the Middle East and North Africa is skyrocketing amid the ongoing regional conflict. The Bitcoin Policy Institute (BPI) …
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Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the …
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Mining
Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners
by shayaanby shayaanIn brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net loss of $88.7 million. To secure “survivability,” the …
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Regulation
South Korea’s Hashed secures ADGM license to enter Middle East crypto market
by shayaanby shayaanSouth Korea-based crypto venture firm Hashed has secured regulatory approval to operate from Abu Dhabi Global Market, expanding its presence into the …
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Finance
IMF trims 2026 growth forecast to 3.1% amid Middle East conflict: Report
by shayaanby shayaanThe International Monetary Fund cut its global growth forecast for 2026 to 3.1% in its April update. The new figure is 0.2 …
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Markets
Binance offers UAE staff temporary relocation as Middle East conflict disrupts region
by shayaanby shayaanThe crypto exchange said its operations in the United Arab Emirates remain unchanged and that many employees have chosen to remain www.coindesk.com
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Finance
Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
by shayaanby shayaanIn Jack Dorsey’s view of the world, the job most at risk from the AI revolution is the middle manager. Dorsey argues …
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Finance
US 10-Year Treasury Yield Hits 8-Month High Above 4.4%, Pulls Back on Middle East Ceasefire Reports
by shayaanby shayaanThe 10-year U.S. Treasury yield climbed above 4.4% this week, its highest level in eight months, before retreating to around 4.32% Wednesday …
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Bitcoin fell back toward $65,000 on Friday as investors cut exposure to risk assets after another round of Middle East tensions kept …