BTCRs 21,506,732+1.31%
ETHRs 633,404+1.85%
USDTRs 276+0.05%
BNBRs 193,607+0.37%
USDCRs 277+0.03%
XRPRs 354+2.42%
SOLRs 25,824+1.64%
TRXRs 89.25+1.21%
FIGR_HELOCRs 286-0.76%
HYPERs 23,663+1.93%
DOGERs 20.86+1.80%
USDSRs 277+0.02%
RAINRs 1.82-1.87%
MATICRs 34.910.00%BTCRs 21,506,732+1.31%ETHRs 633,404+1.85%USDTRs 276+0.05%BNBRs 193,607+0.37%USDCRs 277+0.03%XRPRs 354+2.42%SOLRs 25,824+1.64%TRXRs 89.25+1.21%FIGR_HELOCRs 286-0.76%HYPERs 23,663+1.93%DOGERs 20.86+1.80%USDSRs 277+0.02%RAINRs 1.82-1.87%MATICRs 34.910.00%
Tether's investment in Pact Labs is set to enhance the adoption of the USAT stablecoin, which aims to provide compliant digital dollar solutions.
As Bitcoin and AI chips show significant trends, investors must navigate the risks of speculative behavior while understanding local impacts in Pakistan.
SBI Group is set to launch a lending service for its JPY-pegged stablecoin, JPYSC, offering a 3% annual yield on deposits, according to Nikkei.
Circle, the issuer of USD Coin (USDC), has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, enhancing oversight and custody services.
Empery Digital has sold its Bitcoin holdings to invest in an AI data center project, responding to shareholder demands for a strategic pivot.
The stablecoin market has contracted by $10 billion since May 2023, with a significant $7.7 billion decline in June. Analysts suggest this may not indicate a long-term downturn.
Ripple Labs has introduced RLUSD, a stablecoin native to the XRP blockchain, aiming to provide a stable value pegged to the U.S. dollar. The stablecoin is backed by cash reserves and short-term U.S. Treasury bills.
Bitcoin's price stability at $62,600 comes as geopolitical tensions in Iran and looming U.S. inflation data impact market sentiment. The situation has implications for global and Pakistani investors.
Bitcoin and major cryptocurrencies experienced a decline of over 2% as traders speculate on a July interest rate hike by the U.S. Federal Reserve.
Despite robust industry fundamentals, crypto prices remain detached from reality, according to Franklin Templeton's Crypto CIO. Institutional interest is growing, yet market prices lag behind.
MicroStrategy's decision to halt Bitcoin purchases for a week reflects a strategic move towards greater balance-sheet discipline, according to analysts.
Mizuho has stated that despite Circle receiving approval for a national trust bank charter, challenges such as USDC's slowing growth and increasing competition in the stablecoin sector remain unaddressed.
After months of outflows, U.S. spot Bitcoin ETFs have finally recorded a positive week, marking a potential turning point for the crypto market.
Crypto markets experienced a downturn on October 9, 2023, influenced by Middle East tensions and a global market slump. This shift follows a period of gains, with $253 million in leveraged positions liquidated.
Recent bitcoin sales by major companies highlight challenges in the crypto hoarding strategy, according to Reuters. This trend may impact Pakistani crypto holders and local exchanges.
The crypto market is poised for potential shifts as U.S. inflation data and second-quarter earnings reports are expected this week. These economic indicators could affect investor sentiment and market dynamics.
Bitcoin's price fell below $63,000 in an Asian trading session due to a leverage flush, with minor liquidations according to CoinGlass.
A Bitcoin whale has transferred $188 million in BTC, marking its first significant movement in seven years. This event highlights the potential for market shifts as dormant assets become active.
Bitcoin experiences a slight decline in PKR, Ethereum holds steady. PVARA engages in Shariah compliance talks.
Bitcoin ETFs saw a $197 million inflow last week, breaking an eight-week streak of outflows. Analysts remain cautious about declaring a recovery in institutional demand.
In a pivotal meeting, PVARA Chairman Bilal bin Saqib and Islamic scholar Mufti Taqi Usmani engaged in discussions to assess the Shariah compliance of digital assets.
The Pakistan Virtual Assets Regulatory Authority is taking steps to ensure digital assets comply with Shariah law, engaging top Islamic scholars for guidance.
Bitcoin approaches a key support level identified by Fidelity, offering potential accumulation opportunities despite lacking a clear catalyst for upward movement.
Bitcoin and Ether prices remain stable despite U.S.-Iran tensions, reflecting market resilience. Pakistani investors observe closely amid regulatory growth.
