Al Abraj Quietly Moves Towards Bitcoin Adoption in Bahrain

In a development that reflects changing financial trends in the Middle East, Al Abraj Restaurants Group, a company listed on the Bahrain Bourse, has reportedly added Bitcoin to its balance sheet. This signals that the Bahraini corporate sector is starting to consider cryptocurrencies as a potential asset class. Al Abraj made this news public on their official X account.

Al Abraj Partners with 10X Capital to Invest in BitcoinThe firm revealed on May 15 that it had formed a strategic alliance with 10X Capital, a well-regarded company in the United States celebrated for its expertise in the field of digital currencies. Al Abraj has entered into a relationship with 10X Capital to invest part of its treasury in Bitcoin. They have started with five Bitcoins and plan to steadily build their investment in the digital asset.

Despite receiving little attention, the move is seen as a first in Bahrain and the region for a listed company to adopt Bitcoin for treasury purposes. This is similar to the approach established by other major companies around the world that have adopted Bitcoin in managing their treasury.

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Billionaire Warren Buffett Adds $11,500,000,000 To Net Worth in Just 15 Weeks: Report

Billionaire Warren Buffett has recorded billions of dollars in gains this year despite the global market selloff, according to a new report.

Buffett’s net worth is now $153.5 billion after surging $11.5 billion this year alone, reports Bloomberg.

Buffett’s gains stand out amid the tariff-induced selloff triggered by President Trump, which wiped trillions of dollars from global equities.

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Metaplanet Makes Waves with Massive 620 Bitcoin Purchase

Metaplanet, an investment company in Japan, made the headlines recently due to the largest Bitcoin purchase it ever made. On December 23, the Tokyo-headquartered firm revealed that it had bought 619.7 Bitcoin worth less than $60 million because Bitcoin traded at about $96,000.

It makes it the biggest buyer since May when it bought its first Bitcoins. That’s almost four times the old record of 159.7 BTC set in October. Metaplanet now holds 1,762 BTC worth $168 million, acquired at an average cost of about $75,600 per coin. Known as Asia’s MicroStrategy, the firm is now standing as one of the biggest public firms based on its holdings of BTC.

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Top Stablecoin Firm Tether (USDT) Rolls Out Private Beta of New Tokenization Platform

The leading stablecoin firm Tether (USDT) has rolled out a private beta for a new tokenization platform.

“Hadron by Tether” aims to simplify the tokenization process for stocks, bonds, funds, stablecoins, loyalty points, real estate, art and other assets, according to a new press release from the firm.

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Crypto Markets Explode to Over $3,000,000,000,000 Following Trump Presidential Victory

The global crypto markets have toppled $3 trillion in the aftermath of the Trump US Presidential win.

According to data from crypto data aggregator CoinGecko, crypto’s total market cap now rests at $3.076 trillion, down 5% in the last 24 hours from a market cap of $3.184 trillion.

Bitcoin (BTC) has led the way, up 17.3% from a week ago, currently trading for $89,207.

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Ripple’s XRP Multi-Billion Boost Could Be Coming As Bitwise Officially Files for Spot XRP ETF

Bitwise Asset Management, a prominent crypto index fund manager, has officially filed for a spot XRP exchange-traded fund (ETF) with the Delaware Department of State.

According to reliable sources, Bitwise Chief Investment Officer Matthew Hougan confirmed the filing, stating, “We can confirm this is a registration by us. It is a registration of a trust entity in Delaware.” The filing, which lists CSC Delaware Trust Company as the registered agent, represents an effort to broaden investor access to XRP.

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The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU

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Tether Mints $1 Billion USDT on Tron — Is This An Uber-Bullish Signal for TRX?

Cryptocurrency prices bounced this week after much weekend and Monday volatility. Bitcoin gained 3.6% to trade at $60,461 at the time of writing, while Ether bounced to trade at around $2,600.

The gains come after USDT stablecoin issuer Tether minted 1 billion tokens on the Tron blockchain. Tether’s minting history has often been seen as bullish for the crypto industry, as these events usually precede market gains.

Crypto trader @Ali_Charts on X noted that Tether was “like the Federal Reserve of crypto.” He noted that the markets tend to gain each time USDT is minted, which was the reaction seen on Monday.

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rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.

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Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.

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