Category: Middle East

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Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens

Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential…
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Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’

Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for stronger leadership. This echoes past warnings from him about geopolitical threats and energy-driven conflicts. Kiyosaki Warns of World War III Amid Rising Global Tensions The…
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Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip

Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a…
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What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he…
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China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East

Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks to the Cold War. China’s support for Russia and Iran is escalating conflicts, demanding…
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IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East

The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks…
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IOTA launches $100 million Abu Dhabi foundation for Middle East expansion

The IOTA Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month. The open-source blockchain developer IOTA announced on Nov. 29 that it is launching a foundation, the IOTA Ecosystem DLT Foundation, based in Abu Dhabi to focus…
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Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain

Source: matr1x.io/games Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Matr1x, the platform facilitating the mobile shooting game Matr1x Fire within the Web3 domain, secured an additional $10 million in its recent A-2 financing round, following successful fundraising in…
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Crypto.com granted Dubai crypto license

The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services. Crypto exchange Crypto.com’s Dubai entity was granted a Virtual Assets Service Provider (VASP) license by the city’s regulator, pending operational approval. In a Nov. 14 press release, Crypto.com said that once fully approved by Dubai’s…
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Metaverse projects failed on lack of correct business model: MetaMinds CEO

As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models. The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the…
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