LONDON: Iran has seen a sharp rise in crypto currency activity since the start of the Middle East conflict, with experts pointing to both state-linked usage and civilian demand driven by economic pressures. Read More: Pakistan leans on US and Iran ties to emerge as potential peacebroker According to blockchain analytics firm Chainalysis, more than $10 million […]
Bitcoin
South Korean Bithumb accidentally gives away $40B in bitcoin
SEOUL: South Korean cryptocurrency exchange Bithumb has confirmed it accidentally distributed more than $40 billion worth of bitcoins to customers as part of a promotional reward, triggering a brief selloff on the platform. Read More: Asian investors embrace bitcoin, but regulators are wary The incident occurred on Friday, when the exchange intended to award users small […]
Bitcoin rebounds above $65K after hitting 16-month low
The world’s largest cryptocurrency, Bitcoin (BTC), has rebounded sharply after falling to $60,000, marking its lowest level in 16 months. The recovery is being driven by signs of revival in global technology stocks, which earlier in the week had triggered widespread sell-offs across risky asset classes, Reuters reported. Read More: Bitcoin plunges up to 8% in […]
Asian stocks rise as investors weigh US intervention in Venezuela
Asian stocks climbed on Monday, while oil prices showed volatility, as investors assessed the implications of the United States’ military intervention in Venezuela and prepared for a packed week of economic data. Read More: Pakistan Stock Exchange outperforms 15 countries MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%, while S&P 500 e-mini futures edged up […]
Bitcoin price rises to around PKR 25 million in Pakistan
KARACHI: Bitcoin has started 2026 on a positive note in Pakistan, with its value against the Pakistani Rupee (PKR) showing steady upward momentum. On January 2, the price of Bitcoin was recorded at around PKR 25 million per coin, reflecting an increase of nearly 1.5% over the previous 24 hours. The rise in the BTC […]
Bhutan to fund Mindfulness City with crypto reserves
Bhutan said on Wednesday it will invest $1 billion from its national crypto currency reserves to develop a planned “Mindfulness City”. The project is intended to become a new economic hub for the small Himalayan kingdom. Read More: Minister urges youth to boost digital economy with crypto innovation The Buddhist-majority nation, located between India and China, is […]
Bitcoin tumbles in first annual drop since 2022
Bitcoin faces its first annual decline since 2022 after a turbulent year for cryptocurrencies. October’s massive crash caused billions in liquidations and left traders uncertain. November marked the largest monthly drop since mid-2021, leaving Bitcoin hovering around $89,000. The cryptocurrency’s performance closely followed global stock markets in 2025. Analysts say retail and institutional investors linked […]
Stocks stabilize as bitcoin and bonds regain footing
Global stocks made small gains on Tuesday, while government bonds and cryptocurrencies steadied after recent volatility. Wall Street and Asian markets recovered slightly following Monday’s sell-off caused by Japan’s looming interest rate hike. Bitcoin inched up after sharp losses, though it remains 30% below its October peak. The Japanese government bond market calmed after a […]
Crypto market wipes out $1 trillion amid Bitcoin crash
NEW YORK: The crypto market has plunged sharply over the past six weeks, erasing nearly $1 trillion in value, marking one of the worst months in the history of digital assets. Read More: Bitcoin plunge deepens as crypto market crashes Bitcoin, the leading cryptocurrency, reached an all-time high of $126,000 in early October before falling to $81,000 […]
Bitcoin suffers worst monthly slump since 2022 crash
Bitcoin is heading toward its steepest monthly decline since the devastating crypto meltdown of 2022, as the digital asset market reels from a sharp and widespread sell-off. The world’s largest cryptocurrency has plunged to a seven-month low, falling below $86,000 and wiping out all gains earned earlier this year. The downturn has rattled the broader […]