Page 9 - Cryptocurrencies

Bitcoin eyes $100,000: Is this the last chance to buy under six figures?

Market analysts attribute this rally in cryptocurrencies to increased institutional buying, a weakening dollar index, and other favorable macroeconomic conditions

Bitcoin holds strong near $86K amid Fed's hawkishness and inflation fears

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

SC says no to making rules on cryptocurrencies: 'Can't lay down the law'

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

Crypto market update: Here's how Bitcoin, Solana, others are faring today

Investors' confidence, analysts said, stands strong as the White House plans to establish the Bitcoin Strategic Reserve using alternative government revenue sources

Bitcoin sees profit booking at higher levels, tests resistance at $83,700

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

Bitcoin dips below $76K, tests support at $74K amid US-China tariff concern

The Dollar Index (DXY) slipped to 103, diverging from Treasury yields-a trend that could support Bitcoin's near-term price action

Pakistan names Binance founder Zhao as adviser to new crypto council

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

Crypto market posts recovery amid trade volatility; Bitcoin reclaims $80k

Bitcoin has traded in the range of $74,436.68 to $81,119.06 in the last 24 hours

Trump tariff casts shadow on crypto; Bitcoin tests resistance at $85,000

The flagship cryptocurrency's drop from its Thursday high of $88,500, analysts said, reflects heightened investor caution following President Trump's tariff announcement

Crypto market jitters: Trump's tariffs spark price drops, market volatility

Bitcoin's next resistance, analysts said, stands at $87,800, while support rises to $81,700

Bitcoin tests resistance at $85,526, likely to consolidate; details here

Bitcoin briefly tested resistance at $85,526 before pulling back, signaling potential consolidation in the near term

Bitcoin, Ethereum trade sideways; investors eye US PCE Index data

The escalation of trade tensions following US President Donald Trump's tariff announcement, analysts believe, has injected fresh volatility into traditional markets

Crypto market update: Bitcoin holds strong, Ethereum faces pressure

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

Crypto market update: Solana, Bitcoin rise, Ethereum trades lower

Historically, April has been a strong month for Bitcoin, with an average monthly gain of 13 per cent, raising expectations among market participants

Russia leans on cryptocurrencies for oil trade to evade western sanctions

Russia's move comes after Venezuela accelerated its use of digital currency in crude and fuel exports after Washington reimposed sanctions

Donald Trump signs executive order to create Strategic Bitcoin Reserve

US President's decision comes a day before he is slated to meet with executives from the cryptocurrency industry at the White House

Trump sends crypto prices soaring after announcement of strategic reserve

Cryptocurrency prices briefly jumped after President Donald Trump's surprise announcement he wants the US government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump's growing attempts to use volatile cryptocurrency prices as a barometer of his public support. Trump said on social media Sunday that his administration is working toward creating a Crypto Strategic Reserve that will include lesser-known cryptocurrencies XRP, solana, and cardano. He later followed up with another post saying his planned reserve would also include bitcoin and ether, the two most popular cryptocurrencies. The announcement helped crypto prices enjoy a brief rebound after recent sell-offs. Bitcoin shot up to about $95,000 after dipping below $80,000 last week. XRP, solana and cardano saw massive spikes in their prices after Trump's announcement Sunday. But by Monday afternoon, prices had fallen roughly back to where they were before Trump's

WazirX parent schedules voting process for scheme of arrangement for March

Legal firm Kroll will be the party platform for the voting process, while Alvarez & Marsal will act as its independent assessor

'Beware of meme coins; ethereum could be the next big crypto after bitcoin'

Edul Patel, CEO and co-founder of Mudrex, shares his views on Bitcoin, meme coins, Trump's policies, AI in trading, and the future outlook of cryptocurrencies

India reviewing crypto stance amid shifting global regulatory landscape

India's Financial Intelligence Unit (FIU) issued show-cause notices to nine offshore cryptocurrency exchanges in December 2023 for non-compliance with local rules