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Cyprus’ Digital Future: A Vision Of Innovation And Collaboration

by THEFUTURE.TEAM

July 11, 2024

In a recent visit to Cyprus, Deemah AlYahya, Secretary-General of the Digital Cooperation Organization (DCO), expressed strong optimism about Cyprus’ potential in the digital economy. Her meetings with key government figures, including President Nikos Christodoulides, underscored the island nation’s commitment to harnessing digital transformation for economic growth.

The DCO, an intergovernmental body with 16 member states, aims to accelerate digital economies through cooperation. Cyprus’ membership as the first European country highlights its forward-thinking approach. AlYahya emphasized the importance of shared practices and collaboration to achieve rapid, sustainable growth in the digital age. By working together, member states can overcome challenges and leverage collective expertise.

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A critical aspect of the DCO’s mission is promoting greater female participation in the tech sector. AlYahya, an advocate for women in technology, highlighted initiatives like WE-Elevate, which supports women-owned businesses in transitioning online. This programme offers comprehensive training, enabling women to expand their reach and create job opportunities.

Furthermore, the DCO’s Unified Framework for Empowering Women in ICT aims to develop female leaders in technology. AlYahya’s NGO, Women Spark, complements these efforts by mentoring women developers, tech founders, and angel investors. The initiative has trained over 27,000 women and invested in more than 40 ventures, showcasing the potential of female empowerment in the tech industry.

During her visit, AlYahya reaffirmed the DCO’s commitment to Cyprus’ digital agenda. Discussions with President Christodoulides and other officials focused on assessing progress and planning future initiatives. Meetings with Invest Cyprus paved the way for action-oriented projects designed to drive tangible progress.

AlYahya’s vision for Cyprus’ digital economy is bright. She advocates for a regulatory environment that fosters innovation, viewing regulations not as obstacles but as enablers. By bridging the gap between innovators and the public sector, Cyprus can create a thriving digital ecosystem.

In conclusion, AlYahya’s optimism and strategic vision for Cyprus underline the nation’s potential to become a digital leader. Through collaboration, innovation, and inclusive growth, Cyprus is poised to achieve significant advancements in the digital economy, benefiting its citizens and setting an example for others.

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Bitcoin Surges 23% In A Week As Investor Optimism Returns

by News Editor

August 21, 2026

Bitcoin was on track for a weekly gain of around 23% on Friday as a series of positive macroeconomic and policy developments boosted investor sentiment.

The cryptocurrency was trading about 6% higher at roughly $77,000, up from around $62,800 at the start of the week. Crypto-related stocks also rallied, with Coinbase and Circle gaining more than 9%, while Strategy rose 7%.

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Macro Factors Fuel Rally

Bitcoin’s latest surge began Wednesday after Treasury yields fell sharply following a major intervention by the U.S. Treasury in the bond market. Lower yields eased pressure on risk assets and helped trigger a broader move into cryptocurrencies.

The rally was further amplified by a major short squeeze. Around $2.7 billion in crypto short positions were liquidated, according to CoinGlass.

Max Stuedlein, head of Partnerships at Sygnum APAC, said the move reflected an alignment of macroeconomic and policy catalysts, including the Treasury’s decision to increase buybacks of longer-dated government debt.

Clarity Act Boosts Sentiment

Investor confidence improved further on Thursday as the White House and crypto industry leaders made a final push to advance the Clarity Act in the coming weeks.

The legislation is widely viewed as a potential catalyst for the crypto market, although its chances of passing remain relatively limited.

Despite the rally, bitcoin remains well below its 2026 high of $94,820 reached in January and its all-time high of $126,198, set last October.

Analysts See More Volatility Ahead

Lucy Gazmararian, founder and managing partner at Token Bay Capital, said the crypto market may be approaching the end of its bear cycle.

She expects bitcoin could experience one more decline of around 20% before the market turns, pointing to historical cycles and the recent liquidation of heavily leveraged short positions.

Gazmararian also described bitcoin as a long-term hedge against monetary debasement, while warning that its short-term price remains highly volatile and driven by market cycles.