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GFH App to enable instant crypto-to-fiat payments via Binance Pay. The partnership boosts Bahrain’s role in GCC digital finance innovation. Central Bank of Bahrain backs the service with PSP and stablecoin rules. Bahrain’s GFH Financial Group has become the first Islamic investment bank in the Kingdom to integrate cryptocurrency payments directly into its banking app, marking a major milestone in the nation’s digital finance journey. The partnership with Binance Pay enables GFH clients to perform real-time crypto-to-fiat transactions, bringing blockchain […]

Bitcoin price fell to near $106,400, a sharp decline as stocks also tanked. Liquidations hit over $1 billion, with more than $400 million for BTC bulls. Most top altcoins plummeted too, with Ethereum dipping to under $3,700 and Solana to $179. The crypto market’s latest bearish flip has seen Bitcoin price plummeting to around $106,411, its lowest value since dipping to near $104,000 on October 17.  With overall weakness across risk assets, Bitcoin’s sharp drop wiped out billions in market […]

Q3 net revenue hit $1.79 billion, up from $1.13 billion a year ago. Profits soared to $433 million, compared to just $75.5 million last year. Transaction fee revenue jumped 83% to $1 billion amid a crypto market upswing. A surging crypto market powered Coinbase Global to a stronger-than-expected third quarter, with the exchange reporting significant beats on both profit and revenue as trading activity boomed and its services division hit a new record. The impressive results, which reflect a crypto […]

Sam Bankman-Fried and his team continue to defend themselves. SBF’s X account posted a long document on Thursday claiming the exchange wasn’t actually insolvent. FTT has decoupled from broader dips with a 2% uptick. An X account, currently controlled by a friend of Sam Bankman-Fried, stirred the cryptocurrency market with a post claiming that the firm wasn’t insolvent. The 15-page document claims FTX encountered a liquidity crisis that “was on track to be resolved by the end of the month” […]

GHOST bullish as privacy cryptocurrencies gain traction. It is attracting large investors after gaining more than 60% the previous week. The alt maintains a bullish stance as a whale accumulated 4.8 million tokens. GHOST is among the few tokens with an upside trajectory as the overall cryptocurrency market displays significant selling pressure. The digital token thrived in the past few sessions as privacy cryptocurrencies gained increased traction, with Zcash leading the trend. Meanwhile, GHOST’s remarkable performance is grabbing the attention […]