Trends - Cryptocurrency - Business Recorder

Cryptocurrency

Turkiye to toughen law on crypto assets

ANKARA: Turkiye is preparing new legislation covering crypto-assets to persuade an international crime watchdog to...

Published 01 Nov, 2023 11:17am

Markets

Bitcoin soars to near 18-month high as ETF speculation mounts

LONDON/SINGAPORE/NEW YORK: Bitcoin rose by nearly 10% on Tuesday to $34,872, its highest in nearly a...

Published 24 Oct, 2023 08:41pm

Markets

Australia outlines plan to regulate crypto exchanges

SYDNEY: Australia plans to protect people from cryptocurrency collapses by forcing the platforms to get a financial...

Published 16 Oct, 2023 01:22pm

Perspectives

The untimely demise of NFTs

The last decade saw virtual currencies gain popularity all across the world and become a legal tender for a few...

Published 13 Oct, 2023 08:46pm

Markets

Crypto firm Binance pulls out of Russia

PARIS: Cryptocurrency firm Binance said on Wednesday it was selling its Russia business, months after reports...

Published 27 Sep, 2023 03:09pm

World

Six arrested in HK probe of JPEX crypto exchange

HONG KONG: Hong Kong police on Monday arrested six people on suspicion of “conspiracy to defraud” after ...

Published 19 Sep, 2023 06:31am

Markets

FTX’s Bankman-Fried, seeking to avoid jail, denies witness tampering

NEW YORK: Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, on Tuesday said he...

Published 02 Aug, 2023 10:28am

Markets

Crypto stocks dip after bitcoin slumps to six-week low

Shares of cryptocurrency and blockchain related companies fell in premarket trading on Tuesday, as bitcoin hit a...

Published 01 Aug, 2023 05:44pm

World

G7 finance chiefs to discuss Ukraine aid, debt and tax

GANDHINAGAR: G7 finance chiefs are set to discuss Sunday aid to war-stricken Ukraine, debt distress faced by...

Published 16 Jul, 2023 11:15am

Business & Finance

Singapore’s Temasek cuts staff compensation over FTX investment

SINGAPORE: Singapore state investment fund Temasek said Monday it had slashed compensation for the team and senior...

Published 29 May, 2023 11:25am

Technology

‘Thousands’ quit US over crypto negativity: Blockchain chief

DOHA: Thousands of cryptocurrency industry developers have left the United States because of its negative stance...

Published 25 May, 2023 05:48pm

Markets

Binance resumes bitcoin withdrawals after second pause

Cryptocurrency exchange Binance resumed bitcoin withdrawals on Monday after halting it for the second time in a day,...

Published 08 May, 2023 10:17am

World

US charges Sam Bankman-Fried for bribing Chinese officials

NEW YORK: US officials alleged that former FTX chief Sam Bankman-Fried authorized bribes of at least $40 million to...

Published 30 Mar, 2023 06:35am

Markets

Crypto exchange Binance, CEO sued by US regulator over violations

Major cryptocurrency exchange Binance and executives, including CEO and founder Changpeng Zhao, have been sued by...

Published 27 Mar, 2023 09:20pm

Life & Style

Celebrities Lindsay Lohan, Jake Paul charged for touting crypto

NEW YORK: Actress Lindsay Lohan, YouTuber Jake Paul and six other celebrities were charged by the US Securities and...

Published 23 Mar, 2023 04:01pm

World

Germany shuts down ‘world’s largest’ crypto launderer

BERLIN: German authorities said Wednesday they had taken down the “world’s largest” money laundering site for...

Published 15 Mar, 2023 09:02pm

Markets

Bitcoin rises to highest level since June 2022

LONDON: Top cryptocurrency bitcoin hit a nine-month high of $26,533 on Tuesday, in its fourth consecutive day of...

Published 14 Mar, 2023 07:45pm

Markets

Crypto exchange Binance to halt sterling transfers

LONDON: Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month...

Published 14 Mar, 2023 05:17pm

Markets

Bitcoin, USDC stablecoin rally after US intervenes on SVB

SINGAPORE: Bitcoin and other cryptocurrencies rallied on Monday after US authorities announced plans to limit the...

Published 13 Mar, 2023 10:15am

Business & Finance

US govt rules out SVB bailout, but wants to avoid ‘contagion’

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial...

Published 13 Mar, 2023 06:15am

Markets

Bitcoin tops $25,000 to hit eight-month high

LONDON: Bitcoin hit an eight-month high to surge past $25,000 on Thursday as the volatile cryptocurrency rises...

Published 16 Feb, 2023 10:46pm

Markets

Binance moved $346mn for seized crypto exchange Bitzlato, data show

LONDON: Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange,...

Published 24 Jan, 2023 05:07pm

Markets

Bitcoin rises 2.3% to $23,199

Bitcoin, the world's biggest and best-known cryptocurrency, is up 40.6% from the year's low of $16,496 on January 1

Published 21 Jan, 2023 04:15pm

Markets

Crypto news site CoinDesk hires banker to explore potential sale

Crypto outlet CoinDesk Inc is exploring a full or partial sale of its business and has hired investment bank Lazard...

Published 19 Jan, 2023 11:36am

World

US arrests Russian crypto boss for alleged criminal 'haven'

WASHINGTON: US authorities said Wednesday they had arrested the owner of China-based cryptocurrency exchange ...

Published 18 Jan, 2023 11:22pm

Markets

Bitcoin climbs above $20,000 first time in over two months

Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world’s biggest and...

Published 14 Jan, 2023 01:09pm

Markets

How 2022 shocked, rocked and rolled global markets

LONDON: Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and...

Updated 22 Dec, 2022 02:52pm

Markets

Crypto could cause next financial crisis: India central bank chief

MUMBAI: India’s central bank governor warned Wednesday that cryptocurrency markets risked causing the next global...

Published 21 Dec, 2022 03:23pm

World

US files criminal charges against crypto tycoon Bankman-Fried

NEW YORK: US prosecutors slapped disgraced cryptocurrency tycoon Sam Bankman-Fried with multiple criminal charges on...

Published 13 Dec, 2022 08:51pm

Markets

Binance sees withdrawals of $1.9bn in last 24 hours, data firm Nansen says

LONDON: Binance, the world’s biggest crypto exchange, saw withdrawals of $1.9 billion in the last 24 hours,...

Published 13 Dec, 2022 06:27pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	5.96 ▲ 0.71 (13.52%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6 ▲ 0.55 (10.09%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Ist.Dawood Bank / Nov 29 First Dawood Investment Bank Limited(FDIBL)	2.50 ▲ 0.19 (8.23%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	4.98 ▲ 0.37 (8.03%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)

Stock	Price
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
J.K.Spinning / Nov 29 J.K. Spinning Mills Limited(JKSM)	48.25 ▼ -3.65 (-7.03%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)
Nazir Cotton Mills / Nov 29 Nazir Cotton Mills Limited(NCML)	3.46 ▼ -0.24 (-6.49%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.11
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.16
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.08
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.00
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.32
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.05
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.63
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.89

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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