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bitcoin

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

Business & Finance

China broadens crackdown on crypto mining industry

All crypto mines in the sparsely populated but coal- and hydropower-rich regions of Inner Mongolia and Qinghai were also ordered to shut down in recent months

Published 21 Jun, 2021 12:23pm

Markets

Prepare to lose, UK warns as crypto trades boom

LONDON: People investing in cryptocurrencies like bitcoin should be prepared to lose all their money, Britain’s...

Published 21 Jun, 2021 03:43am

Business & Finance

Bitcoin falls 7pc to $35,431.15

Bitcoin, the world's biggest and best-known cryptocurrency, is down 45.4pc from the year's high of $64,895.22 on April 14.

Published 19 Jun, 2021 03:33am

Business & Finance

Spain's BBVA opens Bitcoin trading service to clients in Switzerland

BBVA said that during a gradual roll-out it had detected a "significant desire" among investors for crypto-assets or digital assets to diversify their portfolios despite their volatility and high risk.
BBVA said it was limiting this new cryptocurrency service to Switzerland because the country has clear regulation and widespread adoption of digital assets.

Published 18 Jun, 2021 05:20pm

Markets

Dollar surges to 2-month high on Fed rate-hike projection

The dollar index, which tracks the greenback against six major currencies, was up 0.53pc at 91.892, its highest since mid April.

Published 18 Jun, 2021 01:21am

Markets

Central bank digital cash will complement cryptos: analysts

Some central banks, including the Reserve Bank of Australia, are exploring the development of tokenised forms of CBDCs on an Ethereum-based platform.

Published 16 Jun, 2021 12:55pm

Markets

Bitcoin tops $40,000

LONDON/SINGAPORE: Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following ...

Published 15 Jun, 2021 03:30am

Markets

Dollar slips in muted trading as Fed meeting looms; Bitcoin tops $40,000

US dollar index down 0.1%.
Bitcoin tops $40,000 for the first time in more than 2 weeks.

Published 14 Jun, 2021 06:30pm

Markets

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

Musk flags Tesla may resume BTC transactions
Musk says Tesla sold about 10% of BTC holdings as liquidity test
BTC price jumps close to $40k

Published 14 Jun, 2021 05:51pm

Markets

Bitcoin rises 9.8% to $39,035

Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.

Published 14 Jun, 2021 01:11pm

Markets

Tesla to accept bitcoin again when greener

"This is inaccurate," he said. "Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.

Updated 14 Jun, 2021 11:41am

Markets

More US finance giants tiptoe into cryptoassets

The chief executives of Wells Fargo, Citigroup and Bank of America said at a congressional hearing in late May that they are approaching the cryptocurrency landscape with caution.

Published 13 Jun, 2021 11:07am

Markets

Dollar looks stronger as euro and sterling dip

Currency markets had been sluggish all week in anticipation of Thursday's release of U.S. consumer prices, which rose 5pc year-on-year in May.

Updated 12 Jun, 2021 12:42am

Business & Finance

Dollar hovers above 5-month low in Europe

• Bitcoin steady after biggest rally in four months LONDON: The dollar hovered above a five-month low versus ...

Published 11 Jun, 2021 03:41am

Business & Finance

Bank regulators plot toughest capital rule for bitcoin

Regulators plan first global crypto capital rule.
Cryptocurrencies face toughest treatment.
Central bank digital currencies excluded from plan.

Updated 10 Jun, 2021 04:53pm

Technology

China arrests over 1,100 suspects in crackdown on crypto-related money laundering

Country's Payment & Clearing Association says number of crimes involving use of virtual currencies on the rise

Published 10 Jun, 2021 11:43am

World

El Salvador approves law to make bitcoin legal tender

SAN SALVADOR: The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the...

Published 10 Jun, 2021 03:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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