Gold 24K AED 523.28/gUSD/AED 3.6725USDT/AED 3.6716AED/INR 25.92All live rates →

BNB Chain to Launch New “U” Stablecoin Targeted at Large-Scale Utility

Cryptonite UAE

BNB Chain has announced the upcoming launch of a new stablecoin designed to unify liquidity and support high-volume, institutional-grade applications. Unlike traditional stablecoins focused primarily on trading, this new asset—dubbed “U”—is engineered for deep integration across decentralized applications (dApps) and complex financial ecosystems. A Strategic Move for Unified Liquidity Solving Fragmentation: The “U” stablecoin aims … Read more

Tether Invests $8 Million in Speed to Drive Real-World USDT Payments

Cryptonite UAE

Tether is accelerating its push to turn USDT into a mainstream payment tool by leading an $8 million investment in the payment startup Speed. Announced on December 16, 2025, this move signals a strategic shift for the world’s largest stablecoin issuer—moving beyond crypto trading liquidity and toward everyday commercial transactions. Bridging the Gap Between Crypto … Read more

SEC Reopens Review of BlackRock’s Bitcoin Income ETF

Cryptonite UAE

The U.S. Securities and Exchange Commission (SEC) has resumed its formal evaluation of a unique Bitcoin-linked ETF proposed by BlackRock. Rather than a standard “spot” fund, the iShares Bitcoin Premium Income ETF focuses on generating yield through a hybrid strategy of holding Bitcoin and selling call options. Key Developments in the Review Process Formal Scrutiny: … Read more

HashKey Makes History as Asia’s First Publicly Traded Crypto Exchange via Hong Kong IPO

Cryptonite UAE

HashKey Holdings officially debuted on the Stock Exchange of Hong Kong (HKEX) this Wednesday, marking a landmark moment for the region’s digital asset industry. The company successfully raised $206 million through its Initial Public Offering, becoming the first digital asset firm in Asia to go public via a traditional IPO in Hong Kong. Record-Breaking Demand … Read more

Zcash Emerges as a Rare Outlier Amid Market Stagnation

Cryptonite UAE

While the broader altcoin market remains trapped in a state of indecision, Zcash (ZEC) is capturing the attention of technical traders by demonstrating unexpected resilience. While most assets are drifting or stuck in tight ranges, ZEC has successfully rebounded from long-standing support levels, establishing itself as a leader in relative strength. A Technical Divergence The … Read more

Dogecoin’s Rare RSI Signal: A Historical Warning Rather Than a Bottom

Cryptonite UAE

Dogecoin (DOGE) is currently facing significant downward pressure, with long-term technical indicators flashing a rare and concerning signal. The asset’s weekly Relative Strength Index (RSI) has dropped into a territory seen only a few times in its history, suggesting that the current bearish trend is deeply rooted rather than a temporary fluctuation. Understanding the Weekly … Read more

Chainlink vs. XRP: Why Lark Davis Thinks LINK Will Outperform Over the Next Decade

Cryptonite UAE

Crypto analyst Lark Davis recently sparked debate by weighing in on the long-standing rivalry between Chainlink (LINK) and XRP. During an interview on Rollup TV, Davis labeled Chainlink as “infinitely better” than XRP, predicting it will be the superior long-term performer over the next ten years. While Davis praised the “XRP Army” for their unparalleled … Read more

KindlyMD Faces Nasdaq Delisting Risk Following Bitcoin Strategy Pivot

Cryptonite UAE

KindlyMD Inc. (NAKA), a healthcare company that recently pivoted to a Bitcoin-focused treasury strategy, is under pressure after receiving a deficiency notice from Nasdaq. The exchange warned the company that it is no longer in compliance with the minimum $1.00 bid price requirement, as its stock has closed below that threshold for 30 consecutive business … Read more

Exodus Enters the Fray: Launch of the Exodus Digital Dollar (EXUSD)

Cryptonite UAE

Exodus Movement, Inc. has officially expanded its ecosystem by launching its first native stablecoin, the Exodus Digital Dollar (EXUSD). Debuting on December 17, 2025, this move signals the company’s transition from a wallet provider to a direct issuer of digital assets. Strategic Infrastructure and Backing Developed in collaboration with the payment platform MoonPay, EXUSD is … Read more

Ethereum Slips Below $3,000 as Market Sentiment Hits “Extreme Fear”

Cryptonite UAE

Ethereum has experienced a significant downturn over the last week, shedding approximately 11% of its value and breaking below the critical $3,000 psychological threshold. Currently trading near $2,940, the asset is struggling to find its footing after failing to maintain a brief stabilization period above $3,200 earlier this month. Technical Breakdown and Bearish Indicators The … Read more

About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate