Latest news with #Daylami
Daily Tribune
23-07-2025
- Entertainment
- Daily Tribune
HRH Crown Prince Meets Bahraini Tony Award Winner Ali Daylami
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, met today with Bahraini producer Ali Daylami at Gudaibiya Palace, celebrating his historic win at the 78th annual Tony Awards. Daylami is the first Bahraini — and the first from the Gulf — to receive the prestigious honor. During the meeting, HRH Prince Salman expressed his deep pride in Daylami's international achievement, calling it a significant milestone for the Kingdom and a reflection of the growing global presence of Bahraini talent. 'This recognition not only celebrates your individual success but also highlights the strength, creativity, and potential of our people,' the Crown Prince said, reaffirming Bahrain's commitment to fostering innovation and supporting talented citizens across all sectors. He added that Daylami's win represents a new chapter in the inspiring journey of Bahrainis making their mark worldwide, and wished him continued success in the future. Ali Daylami, moved by the warm reception, thanked HRH Prince Salman for the continued encouragement shown toward Bahraini artists and creatives. 'Your support inspires us to dream bigger and aim higher,' Daylami said. Also present at the meeting were the Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, and the Minister of Cabinet Affairs, HE Hamad bin Faisal Al Malki. The meeting served as a celebration not just of one individual's success, but of Bahrain's broader vision of empowering its citizens and building a future where talent and hard work are recognized and rewarded.
Business Insider
22-07-2025
- Business
- Business Insider
New BITmarkets Study Finds No Direct Correlation Between Economic Globalization and Cryptocurrency Market Size
A new research study by cryptocurrency exchange BITmarkets, which challenges conventional assumptions about global economic integration and digital assets, has found no direct correlation between the degree of economic globalization and cryptocurrency market development. Bitcoin in particular has shown resilience and growth patterns that do not align with traditional globalization patterns. A comprehensive study by BITmarkets' analytical department, titled 'Globalization and the Crypto Market: Do They Influence One Another?', was presented to the crypto exchange's community in July 2025. Other key insights include: Born During 'Slowbalization': Bitcoin emerged in the aftermath of the 2008–2009 financial crisis, coinciding with the beginning of what economists call the 'slowbalization' period. Tech Stock Correlation: Bitcoin shows a stronger correlation with the Nasdaq index (approximately 0.5) than with gold (just above 0.2), suggesting it behaves more like a technology stock than a traditional store of value. 'We examined three major globalization metrics to find common ground between globalization and cryptocurrency. Our analysis found that while globalization has stagnated since the 2008 financial crisis, even showing signs of retreat in recent years, the cryptocurrency market has experienced unprecedented growth during this period and thereafter,' said Ali Daylami, Head of Data Analytics at BITmarkets. 'This suggests that digital assets are evolving as a truly disruptive force, developing independently of traditional economic integration patterns.' Methodology and Scope The study analyzed multiple globalization metrics, including: Trade Openness Index KOF Globalisation Index Frankel Index On the cryptocurrency side, researchers focused on Bitcoin due to its longest historical track record and dominant market share. Bitcoin's price activity, adoption trends, and market capitalization were studied and analyzed in detail. Implications for the Financial Sector The research findings have significant implications for how financial institutions and investors alike should view cryptocurrency markets and their development in relation to global economic trends. 'The data shows that cryptocurrencies may be carving out their own path in the global financial ecosystem,' Daylami explained. 'Rather than following traditional measures of economic development tied to globalization, digital assets appear to be creating an alternative financial infrastructure that transcends conventional economic boundaries.' Market Context The study comes at a time when the total cryptocurrency market capitalization stands at approximately $3.4 trillion USD, with Bitcoin maintaining around 60% of cryptocurrency market dominance. The research suggests that this growth has occurred despite—or perhaps precisely because of—the slowdown in traditional globalization. The analysis also found that while globalization peaked around 2008–2009 and has since stagnated, particularly following the COVID-19 pandemic, cryptocurrency adoption has accelerated among both retail and institutional investors. Full study is available at About BITmarkets BITmarkets is a cryptocurrency exchange that offers 24/7 support in more than 17 languages. Traders can engage in trading over 200 cryptocurrencies, as well as gain access to daily market updates and diverse educational materials. Security is a top priority at BITmarkets, with 99.9% of client funds held in cold storage. BITmarkets continues to reshape the way digital assets are used by both retail and institutional clients, focusing on making cryptocurrency more accessible, straightforward, and better connected to the broader financial world. Learn more about BITmarkets' license and regulatory framework, and for general information, visit or the exchange's listing on Contact: support@ marketing@ Spot trading services are provided to you by UAB BITmarkets, an authorised virtual currency exchange and depository virtual currency wallet operator in Lithuania operating under the registration No. 306062346, supervised by the Financial Crime Investigation Service, and operating under the trademark BITmarkets. We value the trust placed in the BITmarkets brand. Please be cautious of fraudulent websites, communications, or social platforms impersonating BITmarkets or using similar branding (such as our name or logo). Always verify the URL and ensure you are interacting only through our official channels. BITmarkets will never request sensitive information via unofficial or unsolicited messages. If in doubt, contact us through our official Support Desk. Crypto assets are unregulated, decentralised and highly volatile assets that entail substantial risks, and investors may lose all invested capital.
