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Author: Emirates Insight
Latest Crypto News, August 26 – Trump Moves to Remove Fed Governor Lisa Cook, Bitcoin Price Dumps Below $110K as Bitcoin Dominance Falls: Best Altcoins to Buy in This Dip?
Bitcoin slid to $108,600 earlier today before rebounding near $109,800, as heavy on-chain flows and political headlines dragged the U.S. dollar lower and lifted gold. Traders are split: some warn the cycle top is near, while others see classic whale manipulation at play. Large holders often sell at a loss to accumulate more, later driving prices higher. They frequently use news events as catalysts to create liquidity and fuel the next pump. For investors searching for the best altcoins to buy during this dip, understanding whale behavior is key to spotting opportunities. BitcoinPriceMarket CapBTC$2.22T24h7d30d1yAll time On-chain sleuths pointed to concentrated…
Drydocks World secures EPC contract for world’s largest floating LNG facility off Mexico
Drydocks World has won an Engineering, Procurement, and Construction (EPC) contract from AMIGO LNG to deliver the world’s largest Floating Liquefied Natural Gas (FLNG) liquefaction facility. The project will see the conversion of two LNG carriers into Floating Storage Units (FSUs) and the construction of two newbuild FLNG barges at Drydocks World’s Dubai yard. Once operational in the second half of 2028, the facility will provide more than 4.2 million tonnes per annum (MTPA) of liquefaction capacity, making it the largest floating LNG development worldwide. Drydocks World, a DP World company, has been awarded a landmark Engineering, Procurement, and Construction…
Ethereum Price Analysis: ETH Aiming at $5000 Again Amid Surging ETF Inflows
Ethereum price kept its strength against Bitcoin today. Over the last 3 business days, ETH ETFs have been boasting with over $1 billion in inflows, pushing the price 5% higher during the past 24 hours. Most of the ETF buying happened during Monday’s selling, which clearly indicates buyer interest. ETH's big secret…. a Billionaire is telling us where to buy. Can Tom Lee and Mark Newton go 2/2? This might be the greatest duo since Kobe and Shaq. Covering that in more over on YT.https://t.co/WLGz0EhrA8 — Mayne (@Tradermayne) August 26, 2025 One of the main points Mayne focuses on is…
Elon Musk’s xAI seeks billions in damages from Apple and OpenAI
Elon Musk’s X and xAI are seeking billions in damages from Apple and OpenAI in a lawsuit filed against the two companies over stopping competition in artificial intelligence. xAI, Musk’s artificial intelligence startup, filed the lawsuit in a US federal court in Texas on Monday. “This is a tale of two monopolists joining forces to ensure their continued dominance in a world rapidly driven by the most powerful technology humanity has ever created: artificial intelligence,” the lawsuit said. “Working in tandem, Defendants Apple and OpenAI have locked up markets to maintain their monopolies and prevent innovators like X and xAI…
TradFi Floods Into Crypto ETFs as Standard Chartered Backs ETH Treasuries at $7,500 Target
One of the City’s biggest banks has reframed Ethereum’s sharp ETH USD price pullback from its all-time high as a golden entry point. Standard Chartered’s head of digital assets, Geoffrey Kendrick, told clients this week that ETH USD remains structurally undervalued, setting a $7,500 year-end target on the back of rising institutional demand and a wave of treasury allocations. Kendrick’s note highlighted that Ethereum-focused exchange-traded funds and corporate treasury firms have accumulated 4.9% of circulating supply since June, a figure he expects to hit 10% by year-end. That steady absorption of tokens has been the decisive factor behind ETH’s run…
Dubai Centre for AI has designated Cyber Gear as a Certified AI Integrations Partner – Dubai Blog
Cyber Gear is one of the first companies to receive the Dubai AI Seal in recognition of its development prowess for AI Agents and AI-Powered industry solutions. This government-issued recognition positions Cyber Gear among a select group of trusted AI providers actively shaping the future of Dubai’s digital economy. Dubai Centre for Artificial Intelligence is a cross-government initiative with the mandate of speeding up AI adoption in all Dubai government. Operated by the Dubai Future Foundation, it serves as Dubai government’s centre of excellence. With world-first initiatives such as the Dubai AI Seal, it ensures the delivery of value from…
The World’s Largest Custodian: Is BlackRock Bitcoin Holdings Planning a Coup?
Commander Bobo, the time has come to execute order $66k. “It will be done, Lord Bogdanoff…” Okay, all jokes aside, is BlackRock Bitcoin Holdings planning a secret coup? The launch of Bitcoin exchange-traded funds (ETFs) has transformed the market, giving institutional investors an on-ramp into the once retail-led ecosystem. BlackRock’s iShares Bitcoin Trust (IBIT) is at the center of this shift, which now manages more than 781,000 BTC—about $88 billion in assets. That’s nearly 6.5% of ETH ▼-2.56% circulating supply locked into a single vehicle, surpassing the reserves of many major exchanges. Net inflows into IBIT have consistently outpaced rival…
Flynas has announced the resumption of direct flights between Jeddah and Kuwait as of November 1, 2025. The decision is part of its growth and expansion strategy, aligned with Saudi Arabia’s national objectives in the aviation and tourism sectors. From November 1, flynas will operate three weekly flights between Kuwait International Airport and King Abdulaziz International Airport in Jeddah. Flynas Jeddah-Kuwait flights With the addition of this route, the airline’s total flights between Saudi Arabia and Kuwait will rise to 10 weekly services, including one daily flight between Riyadh and Kuwait. This expansion is in line with the airline’s growth…
Dubai Showcases Gaming Ambitions At Gamescom 2025 With Landmark Pavilion – Dubai Blog
Dubai’s vision for the future of gaming took centre stage at Gamescom 2025, the world’s largest gaming event in Cologne, Germany. The Dubai Pavilion drew thousands of visitors, international delegations, and leading global companies eager to explore the vast opportunities offered by the emirate and the UAE in this rapidly growing sector. The pavilion marked the first official government-led participation from the Middle East at Gamescom, bringing together three key entities: Dubai Future Foundation, Dubai Culture & Arts Authority (Dubai Culture), and Dubai Multi Commodities Centre (DMCC). Together, they highlighted Dubai’s commitment to becoming a leading global hub for gaming,…
The UAE weather forecast for today is hot and hazy, with temperatures set to climb above 40ºC across much of the countryAccording to the National Center of Meteorology (NCM), the UAE weather forecast shows Abu Dhabi hitting highs of 43ºC, while Dubai will hover around 40ºCCloudy skies with a chance of rainIt won’t be just sunshine across the UAE today. Forecasters say the weather will be fair to partly cloudy, with the possibility of light rain in the morning in some areas. Clouds may build up at times during the day, giving short breaks from the heat.Sticky nights aheadIf you’re…
