Bader Al Kalooti, MENASAT head of growth & operations at Binance, shares his views on the road ahead for cryptocurrencies, cybersecurity, and compliance issues for crypto exchanges
Bitcoin recently recorded its highest number of active addresses in six months, with over 925,000 addresses active in a single day
Bitcoin, Piyush Walke - derivatives research analyst, Delta Exchange, said, may encounter resistance at $100,000, a significant psychological level, and again around $107,000
Bitcoin's market capitalisation stood at $1.88 trillion, the highest among the cryptocurrencies
The world's most popular cryptocurrency, which also has the largest market capitalisation, has a 24-hour trading volume of $31.77 billion
Top trending cryptocurrencies included Ripple (XRP), Pudgy Penguins (PENGU), Casper (CSPR), Bubblemaps (BMT), and Walrus (WAL)
According to CoinGlass data, a break above the $95,000 mark could trigger liquidations of nearly $700 million in short positions, easing selling pressure and setting the stage for the next leg up
Market analysts attribute this rally in cryptocurrencies to increased institutional buying, a weakening dollar index, and other favorable macroeconomic conditions
This price stability, even as rate cuts are taken off the table for May, Riya Sehgal, research analyst at Delta Exchange, said, underscores crypto's evolving market maturity and its growing appeal
The petitioners wanted the court to tell the central government to create rules for cryptocurrencies since there is no law to control them right now
Investors' confidence, analysts said, stands strong as the White House plans to establish the Bitcoin Strategic Reserve using alternative government revenue sources
Following a strong recovery, the flagship cryptocurrency, Bitcoin, which had briefly touched $82,300, is stabilising around $80,000 as markets absorb softer-than-expected US CPI data
The Dollar Index (DXY) slipped to 103, diverging from Treasury yields-a trend that could support Bitcoin's near-term price action
Pakistan has appointed a billionaire founder of one of the leading crypto trading companies as a strategic adviser to the newly created Pakistan Crypto Council. The groundbreaking move of appointing Binance's billionaire founder Changpeng Zhao as the strategic adviser was poised to reshape the global crypto landscape, a press release by the Finance Division said on Monday. The government officially launched the Pakistan Crypto Council (PCC) last month to regulate and integrate blockchain technology and digital assets into the country's financial landscape and appointed entrepreneur Bilal Bin Saqib as the chief adviser to the finance minister on the council. Dawn reported that the announcement was made on Monday during Zhao's meeting with the PCC, chaired by Finance Minister Muhammad Aurangzeb, bringing together key government stakeholders. It said that Zhao held separate meetings with Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar. This is a landmark moment for
Bitcoin has traded in the range of $74,436.68 to $81,119.06 in the last 24 hours
The flagship cryptocurrency's drop from its Thursday high of $88,500, analysts said, reflects heightened investor caution following President Trump's tariff announcement
Bitcoin's next resistance, analysts said, stands at $87,800, while support rises to $81,700
Bitcoin briefly tested resistance at $85,526 before pulling back, signaling potential consolidation in the near term
The escalation of trade tensions following US President Donald Trump's tariff announcement, analysts believe, has injected fresh volatility into traditional markets
Market analysts suggest that the recent movements in the crypto market reflect a mix of resilience and caution. Investors should keep an eye on US jobless claims and GDP data due later today