Wednesday, May 15, 2024

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

Zain Saudi Arabia pumps 1.6 billion riyals to expand the fifth generation network

Zain Saudi Arabia allocates 45% of the new expansion plan to support advanced fifth generation technologies. Zain Saudi Arabia announced...

Emirati energy revenues increased to 13.7 billion dirhams

TAQA began 2024 with strong financial performance, driven by the contribution of Sustainable Water Solutions and notable growth in the electricity and water sectors. Abu...

Today Gold Rate in Saudi Arabia – 15th May 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,429.16 while 24k Per 10 Gram gold price is SAR 2,940.00. Usually...

Today Gold Rate in Qatar – 15h May 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,347.51 while 24k Per 10 Gram gold price is QAR 2,870.00. Usually people opt...

Today Gold Rate in Oman – 15th May 2024

Today Gold Rate in Oman Today Per tola is OMR 352.25 while 24k Per 10 Gram gold price is OMR 302.00. Usually people opt...