From blockchain to AI: A decade of tech evolution
As I celebrate my tenth anniversary writing for the Oman Observer, I find myself reflecting on the profound technological shifts that have taken place over the past decade. When I first began...
Digital identities to pave the future of blockchain in our daily life
At the heart of this transformative journey lies the concept of decentralised identity. Unlike traditional identity systems controlled by central authorities, decentralised identity empowers...
Traditional finance adapts to new BTC all-time highs
Bitcoin achieved a historic milestone this week, surpassing $100,000 for the first time before experiencing significant volatility that saw prices briefly touch $93,000. This landmark event, which...
How stablecoins bridge gaps for economies
A quiet revolution in global finance is unfolding, not in the trading floors of New York or London, but in the mobile phones of citizens across Africa, Latin America, and Asia. While cryptocurrency...
Tech innovation as BTC approaches $100k
The digital asset market stands at a historic crossroads as Bitcoin trades north of $99k, just shy of the psychologically significant $100k mark. This milestone comes as the total cryptocurrency...
Bitcoin surges past $90,000 as digital asset market reaches $3.18 tn
Digital assets reached unprecedented heights this week as Bitcoin surged past $90,000, briefly touching $93,000 before settling around $89,500. This remarkable rally pushed the total cryptocurrency...
Bitcoin ETFs surpass gold
Digital assets and traditional markets reached significant milestones this week, marking a historic shift in investment preferences. The S&P 500 crossed the 6,000 mark for the first time, while...
Nvidia leads tech revolution as Intel exits Dow Jones
The global technology landscape witnessed a significant shift this week as Nvidia, the artificial intelligence chip giant, was selected to replace Intel in the prestigious Dow Jones Industrial...
Asian energy demand rises amid global tech and mining standards evolution
The global markets continue to showcase the complex interplay between traditional and emerging sectors, as evidenced by developments across energy, technology, and regulatory landscapes this week.Oil...
Wall Street embraces crypto as SEC approves 11 Bitcoin ETFs
On October 18, 2024, the US Securities and Exchange Commission (SEC) approved Bitcoin ETF options trading on both the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE),...
The cashless society is coming with pros and cons
The future of finance is digital, and a growing number of nations are spearheading the transition towards a cashless society. Driven by convenience, security, and efficiency, these countries are...
Swift messaging network embraces digital currencies
Swift is a global financial messaging network serving over 11,500 institutions, created in 1973 to facilitate secure and efficient cross-border transactions. In 2023 alone, Swift has processed over 6...
Opinion- Stablecoins and CBDC fuel cryptocurrency adoption globally
The global landscape of central bank digital currencies (CBDCs) is facing a critical juncture as some nations like Canada and Australia reconsider their retail CBDC initiatives. This shift has raised...
AI's potential to transform and disrupt — or damage — the economy
It's been a whirlwind 660 days since ChatGPT was first unveiled to the public. The initial release captivated the world with its ability to generate human-like text, but that was just the beginning....
Oman's crypto market: Steady growth or volatile future
I came across a recent research stating that the cryptocurrency market in Oman is projected to experience a steady annual growth rate of 5.60% from 2024 to 2028, ultimately reaching a market value of...
Mixed US jobs report triggers market volatility and crypto downturn
Recent US employment data has triggered mixed reactions from macro investors. While the unemployment rate dipped slightly from 4.3% to 4.2%, the slower-than-expected job growth of 142,000 jobs in...
Global Economic Shifts and the Rise of Crypto Adoption
In a positive turn of events for Japan, workers in their 40s and 50s, often referred to as the "lost generation" due to their experience of economic stagnation and limited career opportunities, are...
AI hype fades as crypto regulation advances
Global stock markets have faced significant challenges in the past two weeks, driven by concerns over escalating interest rates and the looming threat of an economic slowdown. This turbulence has been...
The global 'patchwork' of crypto travel rule
As crypto becomes more mainstream, regulatory bodies worldwide worked hard at implementing measures to ensure its transparency and mitigate associated risks, particularly around anti-money laundering...