Sunday, June 8, 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

Pakistan govt begins cancelling passports of deportees

Over 7,800 Pakistanis were deported from 2019 to 2025 for different charges. Photo: Reuters Pakistan's government has initiated cancelling the...

Eid Al Adha 2025: Rains hit some parts of UAE as residents celebrate start of holiday

As residents of the UAE celebrate the beginning of the Eid holiday, they were greeted with a welcome break from the rising heat, as...

Eid Al Adha in Dubai: Salik to apply variable toll rates during holiday

Salik PJSC, Dubai’s toll operator, will implement variable road toll pricing on all four days of the Eid El Adha holiday, including Sunday (June...

Dubai to reserve 4 public beaches for families during Eid Al Adha holidays

Four Dubai public beaches will be designated exclusively for families during the Eid Al Adha holiday. The beaches include Jumeirah 2, Jumeirah 3, Umm...

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. His car’s registration had already...