Trends - cryptocurrencies - Business Recorder

cryptocurrencies

Bitcoin falls below $19,000 as cryptos creak under rate hike risk

SINGAPORE: Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy...

Published 19 Sep, 2022 12:09pm

Technology

Ethereum blockchain set for ‘monumental’ overhaul

PARIS: An army of computer programmers scattered across the globe is set to attempt one of the biggest software...

Published 11 Sep, 2022 11:26am

Business & Finance

Dollar touches 20-year high, but kept in check by euro, as rates in focus

NEW YORK: The dollar touched a fresh 20-year high on Monday, fuelled by hawkish comments by Federal Reserve Chair...

Published 30 Aug, 2022 06:21am

Business & Finance

Art market pushes on with rocky crypto romance

PARIS: The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art...

Published 29 Aug, 2022 05:44am

Technology

Art market pushes on with rocky crypto romance

PARIS: The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art...

Published 21 Aug, 2022 10:13am

Markets

Sudden crypto drop sends bitcoin to three-week low

SINGAPORE: Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week...

Published 19 Aug, 2022 05:35pm

Business & Finance

Binance boss bullish despite crypto crash

PARIS: Cryptocurrencies are here to stay and their dramatic recent crash is just part of an economic cycle, ...

Published 20 Jun, 2022 05:51am

Markets

Bitcoin back below $30,000; European regulators renew crypto warnings

HONG KONG: Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, ...

Updated 16 May, 2022 04:08pm

Markets

Nigeria’s markets regulator publishes rules on crypto assets

LAGOS: Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most...

Published 14 May, 2022 07:27pm

Markets

Bitcoin eyes record losing streak as ‘stablecoin’ collapse crushes crypto

SINGAPORE: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record...

Published 13 May, 2022 09:55am

Markets

Bitcoin's 2021 gains wiped out in stablecoin rout

Bitcoin drops to a low of $25,401.05, its lowest level since Dec. 28, 2020

Published 12 May, 2022 02:50pm

Business & Finance

US dollar hits 20-year high as risk aversion dominates

NEW YORK: The US dollar was higher on Monday after reaching a twenty-year high as risk-off sentiment stemming in ...

Published 10 May, 2022 05:10am

Business & Finance

Uganda’s central bank weighs issuance of digital currency

KAMPALA: Uganda’s central bank is considering whether to issue a digital currency and has not banned...

Published 09 May, 2022 05:39am

Markets

US to impose sanctions on bitcoin ‘mixer’ company for aiding North Korea

NEW YORK: The United States announced sanctions Friday on virtual currency mixer Blender.io, saying the service was...

Published 06 May, 2022 07:02pm

Business & Finance

DAMAC Properties looks to cash in as Dubai embraces cryptocurrency

Luxury real estate developer announces will make it easier for cryptocurrency holders to buy real estate property

Updated 30 Apr, 2022 03:18am

Markets

European crypto industry steps up efforts to influence EU policy

LONDON: More than 40 crypto business leaders have asked the European Union not to require crypto firms to disclose...

Published 19 Apr, 2022 02:35pm

Markets

India’s crypto exchanges block deposits via state-backed system, stir alarm

NEW DELHI: Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of...

Published 13 Apr, 2022 11:27am

Markets

Crypto and gaming collide in high-risk 'play-to-earn' economies

Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he...

Updated 08 Apr, 2022 12:46pm

Opinion

Retail traders splurge on risky plays, fuelling bounce

Freshly emboldened retail investors have continued piling into risky assets, supporting a bounce that has buoyed...

Published 02 Apr, 2022 04:14am

Sports

Messi signs $20 million deal to promote crypto fan token firm Socios

DOHA: Lionel Messi has signed an agreement worth more than $20 million to promote digital fan token company...

Published 29 Mar, 2022 06:01pm

Business & Finance

ECB’s Lagarde ‘concerned’ about crypto use to dodge Russia sanctions

FRANKFURT: European Central Bank chief Christine Lagarde spoke of her concern Tuesday that cryptocurrencies were...

Published 22 Mar, 2022 10:06pm

Business & Finance

Bitcoin to the rescue: cryptocurrencies’ role in Ukraine

LONDON: Cryptocurrencies have taken on an unprecedented role in the war in Ukraine, helping the government raise...

Published 21 Mar, 2022 07:48am

Markets

Crypto provides fix for some in crisis-hit Afghanistan

HERAT: In the middle of a bazaar in western Afghanistan, Arezo Akrimi takes out her smartphone and, after a few taps...

Updated 21 Mar, 2022 09:43am

Technology

Ukraine launches website for cryptocurrency donations

SAN FRANCISCO: The Ukrainian government on Monday launched a website in partnership with crypto-firms FTX and...

Published 15 Mar, 2022 11:56am

World

Japan urges crypto exchanges to act in line with sanctions against Russia

TOKYO: Japan has urged crypto exchanges not to process transactions involving crypto assets subject to asset-freeze...

Published 14 Mar, 2022 10:47am

Markets

Bitcoin jumps after apparent Yellen statement quells US clampdown fears

TOKYO: Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published US...

Published 09 Mar, 2022 01:33pm

Business & Finance

Cryptocurrencies in Pakistan: looking for a balance

KARACHI: As cryptocurrencies become increasingly popular among both retail and institutional investors around the...

Updated 08 Mar, 2022 09:53am

Business & Finance

Cryptocurrencies in a time of war

LONDON: Cryptocurrencies have been close to the headlines since Russia invaded Ukraine, with the ever-volatile...

Published 07 Mar, 2022 06:07am

World

Ukraine's government raises crypto worth $8 million in crowdfunding appeal

LONDON: Ukraine's government has raised almost $8 million in cryptocurrencies after posting appeals on social media...

Published 27 Feb, 2022 07:33pm

BoE reviews staff financial rules after Fed ethics scandal

LONDON: The Bank of England is conducting an internal review into its policy on officials’ personal financial...

Published 24 Feb, 2022 06:34am

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Oct 6 Tri-Star Power Limited(TSPL)	5 ▲ 1.00 (25.00%)
G3 Tech. (BR) / Oct 6 G3 Technologies Ltd. (BR)(GTECHBR)	2.01 ▲ 0.31 (18.24%)
Redco Tex. / Oct 6 Redco Textiles Limited(REDCO)	8.50 ▲ 0.95 (12.58%)
Oilboy Energy / Oct 6 Oilboy Energy Limited(OBOY)	6.80 ▲ 0.68 (11.11%)
Punjab Mod / Oct 6 First Punjab Modaraba(FPJM)	1.80 ▲ 0.17 (10.43%)
Asim Textile / Oct 6 Asim Textile Mills Limited(ASTM)	6 ▲ 0.49 (8.89%)
Trust Sec.& Brok. / Oct 6 Trust Securities & Brokerage Limited(TSBL)	14 ▲ 1.00 (7.69%)
J. D. W. / Oct 6 JDW Sugar Mills Limited(JDWS)	279.50 ▲ 19.50 (7.50%)
P.N.S.C / Oct 6 Pakistan National Shipping Corporation(PNSC)	76.29 ▲ 5.32 (7.50%)
Reliance Cotton / Oct 6 Reliance Cotton Spinning Mills Limited(RCML)	460.05 ▲ 32.09 (7.50%)

Stock	Price
Pak. P.V.C. / Oct 6 Pakistan PVC Limited(PPVC)	3.11 ▲ -0.90 (-22.44%)
First Elite Cap.Mod / Oct 6 First Elite Capital Modaraba(FECM)	2.65 ▲ -0.55 (-17.19%)
Arif Habib Ltd. / Oct 6 Arif Habib Limited(AHL)	41 ▲ -6.15 (-13.04%)
Pak Gulf Leasing / Oct 6 Pak-Gulf Leasing Company Limited(PGLC)	5.63 ▲ -0.81 (-12.58%)
B. F. Mod. / Oct 6 B.F. Modaraba(BFMOD)	4.80 ▲ -0.65 (-11.93%)
Hala Enterprise / Oct 6 Hala Enterprises Limited(HAEL)	7 ▲ -0.79 (-10.14%)
First AL-Noor Mod. / Oct 6 First Al-Noor Modaraba(FANM)	3.51 ▲ -0.39 (-10.00%)
Pak Agro Pack. / Oct 6 Pak Agro Packaging Limited(GEMPAPL)	9 ▲ -1.00 (-10.00%)
Cres.Star Ins. / Oct 6 Crescent Star Insurance Limited(CSIL)	1.65 ▲ -0.14 (-7.82%)
Pakistan Services / Oct 6 Pakistan Services Limited(PSEL)	947.31 ▲ -76.81 (-7.50%)

Stock	Volume
WorldCall Telecom / Oct 6 Worldcall Telecom Limited(WTL)	116,398,000 ▼ 0.00
TPL Properties / Oct 6 TPL Properties Limited(TPLP)	29,827,561 ▼ 0.00
TRG Pak Ltd / Oct 6 TRG Pakistan Limited(TRG)	23,500,930 ▼ 0.00
Flying Cement / Oct 6 Flying Cement Company Limited(FLYNG)	16,558,000 ▼ 0.00
K-Electric Ltd. / Oct 6 K-Electric Limited(KEL)	14,331,000 ▼ 0.00
G3 Tech. (BR) / Oct 6 G3 Technologies Ltd. (BR)(GTECHBR)	13,408,500 ▼ 0.00
Pak Refinery / Oct 6 Pakistan Refinery Limited(PRL)	12,642,179 ▼ 0.00
Cnergyico PK / Oct 6 Cnergyico PK Limited(CNERGY)	10,759,343 ▼ 0.00
Maple Leaf Cement / Oct 6 Maple Leaf Cement Factory Limited(MLCF)	10,232,013 ▼ 0.00
Hascol Petrol / Oct 6 Hascol Petroleum Limited(HASCOL)	9,449,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 6	222
USD PKR Interbank Buying / Oct 6	221.90
USD to Swiss Franc / Oct 5	0.98
USD to Japanese Yen / Oct 6	144.65
Pound Sterling to USD / Oct 6	1.14
Euro to USD / Oct 6	0.99
UK LIBOR % / Oct 5	3.07

Stock	Volume
S&P 500 / Oct 5	3783.28
Nasdaq / Oct 5	11148.64
Dow Jones / Oct 5	30273.87
India Sensex / Oct 6	58065.47
Tokyo Nikkei / Oct 6	27311.30
Hang Seng / Oct 6	17983.43
FTSE 100 / Oct 6	7065.80
Germany DAX 30 / Oct 6	12606.62
France CAC40 / Oct 6	6009.31

Item	Value
Crude Oil USD/Barrel / Oct 5	87.95
Karachi Cotton PKR/37.32 KG / Oct 5	19235
Gold 10 Grams PKR / Oct 5	127143
Cotton US¢/pound / Oct 5	83.23
Gold Spot USD/Ounce / Oct 6	1723.40

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