Trends - bitcoin - Business Recorder

bitcoin

Amazon eyes cryptocurrency but not poised for Bitcoin

We remain focused on what this could look like for customers shopping on Amazon

Published 27 Jul, 2021 10:15am

Markets

Amazon job posting hints at potential plan to accept cryptocurrencies

Speculation over what it could mean causes Bitcoin to surge to near $40,000, with the coin up as much as 15% on Monday

Published 26 Jul, 2021 08:35pm

Markets

Markets volatile as Asian stocks tumble, bitcoin soars

Tokyo closed higher Monday as traders returning from a Japanese public holiday caught up with gains made across last week

Updated 26 Jul, 2021 04:47pm

Markets

Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

Bitcoin rose as far as 12.5% to hit $39,850, its highest since mid-June during the Asia session

Published 26 Jul, 2021 10:10am

World

Malaysian police steamroll bitcoin machines

KUALA LUMPUR: Malaysian police hit on a novel way to dispose of more than 1,000 bitcoin-mining machines seized in...

Published 26 Jul, 2021 05:21am

World

Crypto crackdown: Malaysian police steamroll bitcoin machines

Six of those arrested were convicted of stealing electricity, jailed for six months and fined

Published 23 Jul, 2021 12:28pm

Markets

Bitcoin posts outflow for 2nd straight week

The world's largest cryptocurrency in terms of market capitalization was down 12.1% in price this month. On Monday, it was testing a key support of $30,000 and was last down 3.4% at $30,694

Updated 19 Jul, 2021 09:39pm

Markets

Instability in stablecoins unnerving regulators

LONDON: Regulators are getting anxious about how mushrooming ‘stablecoins’ - mostly dollar-pegged crypto tokens ...

Published 19 Jul, 2021 06:17am

Markets

Spain’s BBVA opens bitcoin trading service to clients in Switzerland

MADRID: Spain’s BBVA said on Friday said it was launching a bitcoin trading service for private banking clients in...

Published 19 Jul, 2021 06:17am

Business & Finance

Pakistan moves to bring cryptocurrency boom out of the dark

Pakistan has seen a boom in trading and mining cryptocurrency, with interest proliferating in thousands of views of related videos on social media and transactions on online exchanges

Published 16 Jul, 2021 01:32pm

Markets

Limited capacity, difficult logistics to slow Chinese bitcoin miners' global shift

Bitcoin is created or "mined" by high-powered computers usually at data centres in different parts of the world

Updated 07 Jul, 2021 01:52pm

Business & Finance

Indian crypto exchanges flounder

MUMBAI: Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure...

Published 02 Jul, 2021 04:19am

Business & Finance

SoftBank invests $200mn in Latam cryptocurrency exchange

The SoftBank capital raise comes at a time when investor sentiment on cryptocurrencies has soured amid regulatory crackdowns in China, Britain and Japan.
Mercado Bitcoin will use the funds to scale its operations, expand offerings, and invest in infrastructure to meet rising demand for crypto in the region, 2TM said in a statement.

Published 01 Jul, 2021 04:43pm

Markets

Australian regulator seeks feedback on managing 'risky' crypto assets

Bitcoin, the most popular cryptocurrency, has seen its price swing wildly this year, trading over the $35,500 level on Wednesday after hitting an all-time high of just under $65,000 in mid-April.

Published 30 Jun, 2021 11:41am

Business & Finance

Crypto firms drop British registration bids amid scrutiny

The Financial Conduct Authority (FCA) banned Binance, one of the world's biggest crypto exchanges, on Friday from conducting any regulated activity in Britain as regulators across the world bolster oversight of the crypto sector.

Published 29 Jun, 2021 12:12am

World

British police seize 'record' haul of cryptocurrency

LONDON: London police have seized a trove of cryptocurrency worth £114 million ($159,000) that criminals were...

Published 27 Jun, 2021 03:56am

Business & Finance

El Salvador bitcoin move opens banks to money laundering, terrorism financing risks: Fitch

SAN SALVADOR: El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating...

Published 27 Jun, 2021 03:56am

Markets

Bitcoin to become legal tender in El Salvador on Sept 7

According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.

Published 25 Jun, 2021 10:47am

Business & Finance

Asian banks' trials with 'tokenised securities' stuck in silos

HONG KONG: Asian financial regulators should do more to support large-scale trials of "tokenised securities", an...

Published 25 Jun, 2021 04:20am

Markets

Bitcoin Fund breaks new ground in ME with debut on Nasdaq Dubai

DUBAI: The Bitcoin Fund debuted on the Nasdaq Dubai on Wednesday, becoming the Middle East’s first listed...

Published 24 Jun, 2021 03:36am

Markets

Bitcoin fund launches on Dubai bourse in Mideast first

Bitcoin fell under $30,000 on Tuesday for the first time in five months, hit by concerns over China's ongoing crackdown.

Published 23 Jun, 2021 06:04pm

Markets

Chinese pressure pushes bitcoin below $30,000

LONDON: Bitcoin fell below $30,000 Tuesday for the first time in more than five months, hit by China's crackdown on...

Published 23 Jun, 2021 04:26am

Markets

Bitcoin drops below $30,000 as relentless China crackdown weighs

Bitcoin tumbled 11% on Monday, its largest one-day drop in over a month, with losses of nearly 30% in the last week alone almost wiping out gains for the year-to-date.

Published 22 Jun, 2021 11:28pm

Markets

US and European stocks advance, bitcoin retreats

Bitcoin fell below $30,000 for the first time in five months in the face of a crackdown by Chinese authorities on cryptocurrency miners.

Updated 22 Jun, 2021 09:40pm

Business & Finance

Bitcoin drops under $30,000 for first time in five months

Bitcoin also faces a green backlash because mining often uses electricity produced from fossil fuels.

Updated 22 Jun, 2021 06:06pm

Markets

Bitcoin steadies in Asia trading after Monday's plunge

Last month, three industry associations issued a ban on crypto-related financial services, but the bodies are much less powerful than the PBOC.

Published 22 Jun, 2021 09:38am

Business & Finance

Bitcoin tumbles

LONDON/TOKYO: Bitcoin tumbled almost 10% on Monday as recent volatility in the cryptocurrency market showed no signs...

Published 22 Jun, 2021 04:46am

Business & Finance

Sotheby's diamond auction marks another bitcoin milestone

The 101.38-carat pear shaped flawless diamond, dubbed The Key 10138, is one of just ten diamonds of more than 100 carats ever to come to auction, only two of which were pear-shaped.
The name of the colorless diamond - Key 10138 - is intended to reflect the integral role that keys occupy in the world of cryptocurrencies.

Published 21 Jun, 2021 08:10pm

Markets

Bitcoin tumbles 10pc in wake of deepening China crackdown

Bitcoin falls almost 10%, down 20% in last six days
Ether, smaller coins tumble as well as China mining crackdown spreads to Sichuan

Updated 21 Jun, 2021 06:02pm

Markets

European stocks climb despite Asian losses; bitcoin slumps

London firmed 0.1 percent at midday after UK supermarket group Morrisons rejected a takeover approach.

Published 21 Jun, 2021 04:48pm

Gainers
Losers
Leaders

Stock	Price
First Pak Modaraba / Jul 27 First Pak Modaraba(PAKMI)	4.10 ▲ 0.70 (20.59%)
Ist Paramount / Jul 27 First Paramount Modaraba(FPRM)	6.84 ▲ 1.00 (17.12%)
First Prud Mod. / Jul 27 First Prudential Modaraba(PMI)	2.97 ▲ 0.30 (11.24%)
Ghazi Fab. / Jul 27 Ghazi Fabrics International Limited(GFIL)	11.60 ▲ 1.00 (9.43%)
First Tri-Star Mod. / Jul 27 First Tri-Star Modaraba(FTSM)	12.75 ▲ 1.00 (8.51%)
First UDL Mod. / Jul 27 First UDL Modaraba(FUDLM)	11.50 ▲ 0.89 (8.39%)
J.A.Textile / Jul 27 J.A. Textile Mills Limited(JATM)	13.88 ▲ 1.00 (7.76%)
Kohinoor Power / Jul 27 Kohinoor Power Company Limited(KOHP)	6.14 ▲ 0.43 (7.53%)
Tri-Star Power / Jul 27 Tri-Star Power Limited(TSPL)	7.00 ▲ 0.49 (7.53%)
Gatron Ind. / Jul 27 Gatron (Industries) Limited(GATI)	527.50 ▲ 36.80 (7.50%)

Stock	Price
Pak. P.V.C. / Jul 27 Pakistan PVC Limited(PPVC)	4.91 ▲ -0.89 (-15.34%)
Pak Gulf Leas. / Jul 27 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▲ -0.50 (-7.14%)
Tandlianwala / Jul 27 Tandlianwala Sugar Mills Limited(TSML)	143.30 ▲ -10.77 (-6.99%)
Tri-Star / Jul 27 Tri-Star Mutual Fund Limited(TSMF)	6.06 ▲ -0.44 (-6.77%)
Mian Textile / Jul 27 Mian Textile Industries Limited(MTIL)	26.21 ▲ -1.29 (-4.69%)
Janana D Mal / Jul 27 Janana De Malucho Textile Mills Limited(JDMT)	88.10 ▲ -3.90 (-4.24%)
Security Bank / Jul 27 Security Investment Bank Limited(SIBL)	7.00 ▲ -0.28 (-3.85%)
Stand. Chart / Jul 27 Standard Chartered Bank (Pak) Ltd(SCBPL)	32.50 ▲ -1.15 (-3.42%)
AKD Hospitality / Jul 27 AKD Hospitality Limited(AKDHL)	430.00 ▲ -15.00 (-3.37%)
Nimir Resins / Jul 27 Nimir Resins Limited(NRSL)	19.82 ▲ -0.67 (-3.27%)

Stock	Volume
Worldcall / Jul 27 Worldcall Telecom Limited(WTL)	14,695,000 ▼ 0.00
Gul Ahmed / Jul 27 Gul Ahmed Textile Mills Limited(GATM)	7,508,500 ▼ 0.00
Byco Petroleum / Jul 27 Byco Petroleum Pakistan Limited(BYCO)	7,001,500 ▼ 0.00
Citi Pharma / Jul 27 Citi Pharma Limited(CPHL)	4,627,000 ▼ 0.00
Telecard Ltd. / Jul 27 Telecard Limited(TELE)	4,313,500 ▼ 0.00
Al Shaheer Corp. / Jul 27 Al Shaheer Corporation Limited(ASC)	4,080,000 ▼ 0.00
TPL Properties / Jul 27 TPL Properties Limited(TPLP)	3,948,000 ▼ 0.00
Panther Tyres / Jul 27 Panther Tyres Limited(PTL)	3,400,000 ▼ 0.00
Nishat (Ch) / Jul 27 Nishat Chunian Limited(NCL)	3,264,000 ▼ 0.00
Image Pakistan / Jul 27 Image Pakistan Limited(IMAGE)	2,554,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	160.40
USD PKR Interbank Buying / Jul 26	160.30
USD to Japanese Yen / Jul 26	110.36
USD to Swiss Franc / Jul 26	0.92
Pound Sterling to USD / Jul 26	1.38
Euro to USD / Jul 26	1.18
UK LIBOR % / Jul 26	0.08

Stock	Volume
S&P 500 / Jul 26	4422.30
India Sensex / Jul 26	52852.27
Tokyo Nikkei / Jul 26	27833.29
Nasdaq / Jul 26	14840.71
Hang Seng / Jul 26	26192.32
FTSE 100 / Jul 26	7025.43
Dow Jones / Jul 26	35144.31
Germany DAX 30 / Jul 26	15618.98
France CAC40 / Jul 26	6568.60

Item	Value
Crude Oil / Jul 26	72.16
Karachi Cotton Assoc. / Jul 26	12880.00
Gold 10 Grams / Jul 26	94050.00
Gold Spot / Jul 26	1797.85
Cotton / Jul 26	89.60

bitcoin

Amazon eyes cryptocurrency but not poised for Bitcoin

Amazon job posting hints at potential plan to accept cryptocurrencies

Markets volatile as Asian stocks tumble, bitcoin soars

Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

Malaysian police steamroll bitcoin machines

Crypto crackdown: Malaysian police steamroll bitcoin machines

Bitcoin posts outflow for 2nd straight week

Instability in stablecoins unnerving regulators

Spain’s BBVA opens bitcoin trading service to clients in Switzerland

Pakistan moves to bring cryptocurrency boom out of the dark

Limited capacity, difficult logistics to slow Chinese bitcoin miners' global shift

Indian crypto exchanges flounder

SoftBank invests $200mn in Latam cryptocurrency exchange

Australian regulator seeks feedback on managing 'risky' crypto assets

Crypto firms drop British registration bids amid scrutiny

British police seize 'record' haul of cryptocurrency

El Salvador bitcoin move opens banks to money laundering, terrorism financing risks: Fitch

Bitcoin to become legal tender in El Salvador on Sept 7

Asian banks' trials with 'tokenised securities' stuck in silos

Bitcoin Fund breaks new ground in ME with debut on Nasdaq Dubai

Bitcoin fund launches on Dubai bourse in Mideast first

Chinese pressure pushes bitcoin below $30,000

Bitcoin drops below $30,000 as relentless China crackdown weighs

US and European stocks advance, bitcoin retreats

Bitcoin drops under $30,000 for first time in five months

Bitcoin steadies in Asia trading after Monday's plunge

Bitcoin tumbles

Sotheby's diamond auction marks another bitcoin milestone

Bitcoin tumbles 10pc in wake of deepening China crackdown

European stocks climb despite Asian losses; bitcoin slumps

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