UAE sits on $344 million unrealized profit from its bitcoin mining operations

UAE sits on $344 million unrealized profit from its bitcoin mining operations

Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure into a steady sovereign bitcoin machine

2026-02-19
UAE-Linked Bitcoin Mining Builds $344M Unrealized Profit: Arkham

UAE-Linked Bitcoin Mining Builds $344M Unrealized Profit: Arkham

The UAE Bitcoin mining sector received new global attention following the release of a major update by Arkham via its official X account. The firm indicated that the country had mined around $453.6 million worth of Bitcoin via its partner, Citadel. The data indicates that the government continues to hold most of the mined Bitcoin.

2026-02-19
Bitcoin (BTC) in “Sachs”: 1 Stunning Wall Street Shift

Bitcoin (BTC) in “Sachs”: 1 Stunning Wall Street Shift

David Solomon spent multiple years describing Bitcoin (BTC) as a speculative investment. He showed appreciation for blockchain technology while keeping cryptocurrency at a distance. He currently possesses the asset. Solomon made a discreet admission during his speech at the World Liberty Forum 2026 in Florida. He stated, “I own a little Bitcoin, very little.” He

2026-02-19
FARTCOIN Momentum Reset: Can Buyers Drive Price Toward $0.23?

FARTCOIN Momentum Reset: Can Buyers Drive Price Toward $0.23?

FARTCOIN is at a crucial crossroads, as weekly charts reveal an inverse cup and handle pattern, a classic bearish signal. According to the crypto analyst Crypto Pulse, the price now rests on the neckline, a key support level. Traders warn that a weekly close below this point could trigger a sharp decline, heightening risk for short-term

2026-02-19
Cardano Open Interest Stalls Below $500M As Derivatives Traders Retreat

Cardano Open Interest Stalls Below $500M As Derivatives Traders Retreat

Cardano (ADA) is experiencing a notable lack of enthusiasm in derivatives markets, with open interest persistently below $500 million. Open interest serves as a key indicator of market participation and conviction. Recently, open interest slipped to approximately $431 million. Cardano activity has quieted down in recent days. Why are speculative traders stepping away from the […]

2026-02-19
Goldman Sachs CEO Reveals Personal Bitcoin Investment: “I own very little Bitcoin, but I’m watching it closely”

Goldman Sachs CEO Reveals Personal Bitcoin Investment: “I own very little Bitcoin, but I’m watching it closely”

“I own very little Bitcoin, but I’m watching it closely,” Goldman Sachs CEO David Solomon revealed while speaking at the World Liberty Forum in Florida on 18 February 2026. I’m an observer of Bitcoin. While Solomon maintained that he owns minimal personal Bitcoin holdings, Goldman Sachs has been cautious in its institutional cryptocurrency strategy. But […]

2026-02-19
Canary and Grayscale Launch Sui ETFs With Staking Rewards in the US

Canary and Grayscale Launch Sui ETFs With Staking Rewards in the US

Sui crypto just stepped into the big boys area. the first SUI ETFs are now live in the US, Canary Capital and Grayscale both launched products today. And they come with staking yield baked in. Key Takeaways Canary Capital’s SUIS is actively trading on the Nasdaq, while Grayscale’s GSUI launched on the NYSE after converting […]

2026-02-19
Ledn Closes $188M Bitcoin-Backed Bond Deal – Is Crypto Credit Back From the Dead?

Ledn Closes $188M Bitcoin-Backed Bond Deal – Is Crypto Credit Back From the Dead?

Ledn just pulled off something big. The company closed a $188M sale of Bitcoin backed bonds. It is the first time institutional style asset backed securities have been built from consumer crypto loans. Part of the deal includes investment grade notes priced at 335 basis points over the benchmark rate. That puts it firmly in […]

2026-02-19
The Market Priced in Cuts, the Fed Mentioned Hikes. What It Means For Bitcoin Price?

The Market Priced in Cuts, the Fed Mentioned Hikes. What It Means For Bitcoin Price?

Minutes from the January meeting show rate hikes are not off the table. If inflation stalls, policymakers are ready to tighten again. That is a direct warning to risk markets. For Bitcoin price, this flips the script. The market was leaning toward cuts. More liquidity. Easier conditions. Now the Fed is signaling the opposite. Higher […]

2026-02-19
The UAE Has Quietly Built Up a $453 Million Bitcoin Reserve: Arkham 

The UAE Has Quietly Built Up a $453 Million Bitcoin Reserve: Arkham 

Bitcoin Magazine The UAE Has Quietly Built Up a $453 Million Bitcoin Reserve: Arkham  Arkham Intelligence says bitcoin mining operations linked to the UAE’s Royal Group are sitting on roughly $344 million in unrealized profit, excluding energy costs. Arkham attributed about 6,782 BTC to wallets connected with UAE royal-linked mining activity, valuing the holdings at […]

2026-02-19
Bitcoin miner Bitdeer tumbles 17% as $300 million convertible note offering spurs dilution fears

Bitcoin miner Bitdeer tumbles 17% as $300 million convertible note offering spurs dilution fears

The Singapore-based bitcoin miner and AI data center firm is raising capital to repurchase notes and fund expansion.

2026-02-19
Whale Activity Pushes FLOKI 12% Higher — Will the Rally Last?

Whale Activity Pushes FLOKI 12% Higher — Will the Rally Last?

FLOKI has grabbed investor attention, rising 12% after holding steady in the accumulation phase for several days. The memecoin jumped from $0.00003 to $0.0000359, fueled by a surge in trading volume and renewed market interest. Both retail traders and whales stepped in, increasing demand across the board. With momentum building, many are watching closely to […]

2026-02-19
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