Tue, 21-Oct-2025

Bitcoin edges 6.6% higher after few weeks of decline

Bitcoin

RIYADH: Bitcoin, the leading cryptocurrency, traded higher on Tuesday, rising by 6.62 per cent to $48,886 at 5:16pm Riyadh time, after recording a decline over the past few weeks, Arab News reported. The price is down more than 33 per cent from an all-time high on November 10. Many analysts expected the price of Bitcoin to be … Read more

Crypto mining hardware is in high demand in Russia despite high prices

cryptocurrency

RIYADH: Russian online retailers have registered a growing demand for new and used cryptocurrency mining machines, the Russian business daily Kommersant reported. This year, the demand for application-specific integrated circuit machines has doubled dramatically while video cards have been in short supply which has driven prices up. Searches for hardware designed to mine Bitcoin or ASICs on … Read more