Tag: Bitcoin

Pakistan has taken a significant step toward establishing a regulated digital asset sector as the Pakistan Virtual Assets Regulatory Authority (PVARA) issued no-objection certificates to the global exchanges Binance and HTX. The clearances allow both companies to begin the process of setting up locally registered subsidiaries while preparing for full licensing once the regulatory framework…

Bitcoin swung sharply on Wednesday as traders braced for unpredictable price action around the United States Federal Reserve’s latest interest rate announcement. The leading cryptocurrency briefly climbed above 94,500 dollars earlier in the week but failed to hold its footing, slipping below its key yearly open level of 93,500 dollars. At the time of writing,…

Twenty One Capital, the Bitcoin-focused financial company co-founded by Jack Mallers, has officially begun trading on the New York Stock Exchange (NYSE) under the ticker XXI, marking one of the most significant Bitcoin-native listings in recent years. The debut follows the completion of its business combination with Cantor Equity Partners and has positioned the firm…

Elon Musk’s recent remarks on Bitcoin and its grounding in physical energy have ignited fresh debate across the crypto industry. The Tesla and SpaceX founder, who once championed Dogecoin, is now signalling a deeper appreciation for Bitcoin’s monetary design and its contrast with government-backed fiat currency. Musk Highlights Bitcoin’s Link to Energy In a discussion…

Bitcoin continued to hover near the $91,000 mark even as global markets strengthened on rising expectations of an imminent US interest rate cut. The cryptocurrency has failed to reclaim the $93,000 level despite supportive macroeconomic signals, leaving traders questioning what could ignite the next sustained leg of its rally. ETF Flows and Options Activity Signal…

United States spot Bitcoin exchange-traded funds showed early signs of stabilisation after a difficult week, recording $75.4 million in net inflows on Wednesday. The rebound came as Bitcoin briefly reclaimed the $92,000 mark following several days of consistent price declines. Inflows Return After Persistent Redemptions Farside Investors data confirmed that the inflow marked the end…

Kenya’s first comprehensive cryptocurrency law has barely taken effect, yet Bitcoin ATMs have already appeared across major Nairobi malls. This sudden rise in visible crypto infrastructure has created an immediate challenge for regulators who insist that no virtual asset provider is currently authorised to operate under the new framework. Bitcoin ATMs Appear Despite Lack of…

Crypto exchange traded products experienced their sharpest weekly outflows since February, with investors pulling nearly two billion dollars amid rising uncertainty in global markets. The continued retreat reflects a broader shift toward safer assets and highlights weakening sentiment across major regions. Outflows Reach Three-Week High The latest data from CoinShares shows that crypto investment products…

Kiyosaki Blames Global Cash Shortage for Market Decline Robert Kiyosaki, the author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is holding on to his Bitcoin and gold despite the sharp downturn in global markets. He stated that the ongoing sell-off is the result of a worldwide shortage…