Pakistan’s federal government has launched the Pakistan Virtual Assets Regulatory Authority (PVARA), a new body tasked with overseeing the country’s digital asset industry. According to a Tuesday report by English-language local news outlet Dawn, PVARA will operate as an independent regulator tasked with licensing, monitoring and supervising virtual assets service providers. It will also ensure…
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The Open Network (TON) Foundation’s golden visa slip-up in the United Arab Emirates (UAE) highlights the need for legal compliance and proper review, a local lawyer said. A premature announcement about TON’s UAE golden visa aimed to benefit the community but ran into complex local crypto rules, according to NeosLegal founder Irina Heaver. With five…
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Key points: Bitcoin’s classic Mayer Multiple metric is far from overheated despite price being inches from all-time highs. BTC price action could enjoy a “new upward impulse” as a result, says analysis from a popular CryptoQuant contributor. October 2025 is gaining favor as the point of the next bull market top. Bitcoin (BTC) is “undervalued”…
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Japanese firm Metaplanet plans to eventually use its Bitcoin reserves to acquire cash-generating businesses, possibly including a digital bank in Japan. In a recent interview with the Financial Times, CEO Simon Gerovich said the company is racing to accumulate as much Bitcoin (BTC) as possible before turning its holdings into leverage for expansion. “We think…
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Singapore-based cloud Bitcoin miner BitFuFu has logged its most significant production month for the year, attributed to an expanded mining fleet. BitFuFu said on Monday it mined 445 Bitcoin in June, representing an 11.3% month-over-month increase for the firm. It said that 387 Bitcoin (BTC) came from cloud mining and 58 from self-mining. Leo Lu,…
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BlackRock’s spot Bitcoin exchange-traded fund has just crossed over 700,000 BTC, worth approximately $75.5 billion, after registering another $164.6 million inflow on Monday. BlackRock, the world’s largest asset manager, now holds 700,307 BTC in its iShares Bitcoin Trust (IBIT) ETF, according to Apollo co-founder Thomas Fahrer. Source: Thomas Fahrer BlackRock’s own iShares website shows IBIT…
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The US Securities and Exchange Commission has accepted Trump Media’s application for a Bitcoin and Ethereum exchange-traded fund, starting the clock for the agency to approve or reject the proposed fund. The ETF proposes offering investors exposure to Bitcoin (BTC) and Ether (ETH) through shares listed on NYSE Arca backed by the crypto assets, with…
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Coinbase’s lobbying arm, along with a swathe of crypto firms, has urged US House lawmakers to quickly pass a major bill when they meet next week that would lay out how the crypto industry is regulated. In a letter sent on Monday, Stand With Crypto and 65 crypto advocacy groups and firms asked House lawmakers…
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A crypto user who had held physical Bitcoin for roughly 13 years talked to Cointelegraph about what led to his decision to finally move the coins to a wallet. On May 13, a BitcoinTalk user going by the pseudonym “John Galt” said they had moved 100 Bitcoin (BTC) from a physical Casascius bar to a…
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Key takeaways: Bitcoin derivatives show reduced demand for downside protection, suggesting renewed investor confidence. US import tariff hikes on Japan and South Korea intensified recession fears, boosting Bitcoin’s appeal as a hedge. Bitcoin (BTC) has been trading within a tight $107,300 to $110,600 range since Wednesday, fueling speculation over the potential for a sudden price…
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