Bitcoin STH Holds Steady: No Panic Amid Middle East Conflict – Details
Market analyst MorenoDV_ reports a muted response by Bitcoin short-term holders (STH) to a combined attack by the US and Israel on Iran. The observation is important considering the previous sell-offs that have dominated the market in recent months. Related Reading: Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran Bitcoin STH Reaction To Geopolitical Conflict Signals Seller Exhaustion – What Next? The Bitcoin short-term holders refer to a cohort of investors who acquired Bitcoin over the last 155 days. They are described as the most reactive set....
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This week, BitQuick announced the launch of its trading platform BitQuick.me in the Middle East. While there haven’t been more details on the topic, we reached out to its founder and CEO Jad Mubaslat, for enlightenment. Jad Mubaslat is a senior student in biomedical engineering and avid entrepreneur based in Colombus, Ohio. He founded BitQuick, an over-the-counter (OTC) Bitcoin trading platform in February 2013, and hasn't stopped working on the startup since. Today, BitQuick offers its services to customers across the world including North America, Europe, Asia, and most recently, the....
Bitcoin buying and selling platform BitQuick took to social media on Wednesday, posting that they have launched a trading platform for the Middle East, allowing enthusiasts in the region to buy and sell bitcoin. While details weren't abundant, BitQuick says they've launched support for six currencies (including the USD), making the buying and selling of the digital currency available in: Jordan, Palestine, Egypt, Lebanon, Kuwait, United Arab Emirates, Qatar and more. BitQuick is one of the few companies in the bitcoin sector to focus their attention on the Middle East at a time when many....
Bitcoin has been making steady progress throughout the West and Europe. It has made a stunningly fast impact on China, at least as a commodity investment if not yet in the retail sector. Australia has also been eager to join the digital party. Africa is starting to dip their toes in the water of crypto-currency. Let's get an update on another region that is just starting to become aware of the economic revolution that is Bitcoin. Bitcoin in the infancy stage in Middle East. While the most developed industrial regions of the world see Bitcoin in a toddler stage, the MENA region (Middle East....
International tech consultants Booz Allen Hamilton (BAH) have authored a report stating blockchain is “integral to supporting and realizing a digital economy in the Middle East.” Mid East Undergoing ‘Rapid Change’. The report, released today titled “Blockchain Technology – Can the Digital Economy Thrive Without It?” focuses on the benefits that....
Bitcoin has weathered a wave of volatility in recent days, triggered by the escalating conflict between Israel and Iran. As geopolitical tensions rise and global markets grapple with uncertainty, risk assets like BTC have faced increased pressure. Yet despite this turbulent backdrop, Bitcoin has managed to maintain its footing above key support levels, demonstrating notable resilience. Related Reading: Ethereum Consolidation Continues – Altseason May Follow A Clean Break Above Resistance Currently trading just under its all-time high, Bitcoin is in a consolidation phase that many analysts....