Wednesday, June 4, 2025

Bitcoin

Bitcoin sinks below $50,000 as cryptos stumble over Biden tax plans

Tokyo: Bitcoin and other cryptocurrencies suffered hefty losses on Friday on fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets. The selloff came after reports that the Biden administration was planning...

If Bitcoin is shooting towards $50,000, it will be at gold’s expense

New York: Bitcoin's price could exceed $50,000 over the longer term as the digital asset vies with gold for investment flows, according to cryptocurrency exchange Luno and brokerage OSL. "We're talking about Bitcoin over the next three, five, 10 years...

Latest News

Dubai RTA’s online booking system eases vehicle testing

For Syed Azeez, yearly vehicle testing was one of those chores he kept putting off, until it became urgent....

UAE announces outdoor work ban starting June 15

The UAE will enforce a ban on outdoor work under direct sunlight from 12.30pm to 3pm daily for three months, starting June 15. This...

UAE-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport and Pakistan’s Skardu (KDU) city. The...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...