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Cryptocurrency

Bitcoin slumps 10pc

LONDON: Bitcoin slumped 10% on Thursday to a 10-day low, retreating further from record highs, with traders citing...

Published 22 Jan, 2021 04:47am

Business & Finance

Bitcoin slumps 10% as pullback from record high gathers pace

Joseph Edwards of cryptocurrency broker Enigma Securities said these comments had a substantial impact.

Published 21 Jan, 2021 07:15pm

Markets

Bitcoin, US tech stocks seen as biggest market bubbles

According to nearly 90% of respondents in Deutsche Bank's monthly money-manager study.
The cryptocoin hit a record high $40,000 earlier this month, having rallied more than 900% since a low in March and having only just breached $20,000 in mid-December.

Published 19 Jan, 2021 07:11pm

Markets

Asian stocks swing as virus and unrest offset vaccine, stimulus

The problem is that, for now, the green light has temporarily given way to a state of investors' political angst.

Published 12 Jan, 2021 10:32am

Markets

Stocks struggle after bumper week, bitcoin plunges

The cryptocurrency last week smashed record after record, eventually surging past $40,000.

Published 11 Jan, 2021 07:39pm

Business & Finance

Crypto market cap surges above $1trn for first time

NEW YORK: The total market value of all cryptocurrencies rose above $1 trillion for the first time on Thursday as...

Updated 08 Jan, 2021 03:13am

Markets

Crypto trading volumes hit record $68.3bn on Monday

Bitcoin hit a record high $34,800 on Sunday, building on a 2020 rally that saw it more than quadruple as bigger US investors jumped into the market.
The second-biggest cryptocurrency, ethereum, which tends to trade in tandem with bitcoin.

Published 05 Jan, 2021 08:43pm

Markets

Bitcoin slumps, slamming brakes on New Year rally

Bitcoin falls as much as 14%.
Traders cite unwinding of highly leveraged futures positions.
Bitcoin hit record $34,800 on Sunday.

Published 04 Jan, 2021 05:32pm

Business & Finance

Bitcoin touches record above $29,000, extending 2020 rally

The world's most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67pc at $28,774.36.

Published 01 Jan, 2021 12:58am

Business & Finance

Total crypto fund inflows top $5 billion this year, up more than 600% - report

Interest in cryptocurrencies skyrocketed this year as investors saw bitcoin as a hedge against inflation and as an alternative to the depreciating dollar.

Published 22 Dec, 2020 09:37am

Business & Finance

Surging investor interest sends bitcoin to peak past $23,000

The 2020, rally has also been driven by increasing expectations it will become a mainstream payment method, with PayPal opening its network to cryptocurrencies.

Published 17 Dec, 2020 05:30pm

Business & Finance

Surging investor interest puts Bitcoin at new all-time peak

The world's highest profile crypto-currency has gained more than 175% this year.

Published 17 Dec, 2020 01:34pm

Business & Finance

Crypocurrency Ban Case: SHC issues show-cause notice to Deputy Director FIA Cyber Crime

The court expressed frustration with the FIA and Assistant Attorney General Gulfraz Khattak for not submitting a reply.

Published 17 Dec, 2020 12:54pm

Markets

Crypto exchange Coinbase hit by tech trouble as bitcoin breaks $20,000 for first time

California-based Coinbase said on its website at 15:41 GMT it had "implemented a fix" to address "congestion issues" on its retail platform Coinbase.com and was monitoring the situation.
Network congestion was also delaying the sending of ethereum - the second biggest cryptocurrency after bitcoin.

Published 17 Dec, 2020 01:23am

Business & Finance

Bitcoin breaks above $20,000 for first time

Bitcoin has gained more than 170pc this year, buoyed by demand from larger investors attracted to its potential for quick gains.

Updated 16 Dec, 2020 07:22pm

Business & Finance

KP Government Legalizes Cryptocurrency: Zia Ullah Bangash

The Government of Khyber Pakhtunkhwa (KP) has unanimously passed the resolution to legalize cryptocurrency and crypto mining, according to Zia Ullah Bangash.

Published 03 Dec, 2020 05:04pm

Markets

BlockFi partners with Visa to launch bitcoin rewards credit card

Card users will receive a 1.5% cashback on an accrual basis for every transaction made through the card.
The service will initially be offered only in the United States and the shipping of cards will start in spring next year, BlockFi said.

Published 02 Dec, 2020 12:33am

Gainers
Losers
Leaders

Stock	Price
Hascol Petrol / Aug 12 Hascol Petroleum Limited(HASCOL)	4.90 ▲ 1.00 (25.64%)
Hira Textile / Aug 12 Hira Textile Mills Limited(HIRAT)	2.05 ▲ 0.24 (13.26%)
Dawood Equities / Aug 12 Dawood Equities Limited(DEL)	7.10 ▲ 0.83 (13.24%)
Invest Bank / Aug 12 Invest Capital Investment Bank Limited(ICIBL)	1.50 ▲ 0.15 (11.11%)
Pak Gen.Ins. / Aug 12 The Pakistan General Insurance Co. Ltd.(PKGI)	9.58 ▲ 0.93 (10.75%)
Dewan Farooque Sp. / Aug 12 Dewan Farooque Spinning Mills Limited(DFSM)	2.38 ▲ 0.23 (10.70%)
S.G.Power / Aug 12 S.G. Power Limited(SGPL)	5.50 ▲ 0.51 (10.22%)
United Insurance / Aug 12 The United Insurance Company(UNIC)	10.00 ▲ 0.87 (9.53%)
Universal Ins. / Aug 12 The Universal Insurance Company Limited(UVIC)	4.99 ▲ 0.41 (8.95%)
Pervez Ahmed Co / Aug 12 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.91 ▲ 0.07 (8.33%)

Stock	Price
SME Leasing Ltd / Aug 12 SME Leasing Limited(SLL)	2.00 ▲ -0.49 (-19.68%)
F.Credit & Inv / Aug 12 First Credit and Investment Bank Limited(FCIBL)	5.51 ▲ -0.69 (-11.13%)
Ashfaq Textile / Aug 12 Ashfaq Textile Mills Limited(ASHT)	8.37 ▲ -0.88 (-9.51%)
Popular Islamic / Aug 12 Popular Islamic Modaraba(PIM)	9.50 ▲ -0.85 (-8.21%)
AN Textile Mill / Aug 12 AN Textile Mills Limited(ANTM)	11.50 ▲ -1.00 (-8.00%)
Shams Textile / Aug 12 Shams Textile Mills Limited(STML)	38.87 ▲ -3.15 (-7.50%)
AKD Securities / Aug 12 AKD Securities Limited(AKDSL)	29.57 ▲ -2.39 (-7.48%)
Data Agro / Aug 12 Data Agro Limited(DAAG)	18.14 ▲ -1.46 (-7.45%)
Olympia Mills / Aug 12 Olympia Mills Limited(OML)	15.41 ▲ -1.24 (-7.45%)
Otsuka Pakistan / Aug 12 Otsuka Pakistan Limited(OTSU)	179.55 ▲ -14.20 (-7.33%)

Stock	Volume
Cnergyico PK / Aug 12 Cnergyico PK Limited(CNERGY)	48,590,233 ▼ 0.00
WorldCall Telecom / Aug 12 Worldcall Telecom Limited(WTL)	27,414,000 ▼ 0.00
Pak Refinery / Aug 12 Pakistan Refinery Limited(PRL)	26,586,141 ▼ 0.00
Hascol Petrol / Aug 12 Hascol Petroleum Limited(HASCOL)	22,897,000 ▼ 0.00
Lotte Chemical / Aug 12 Lotte Chemical Pakistan Limited(LOTCHEM)	20,482,951 ▼ 0.00
K-Electric Ltd. / Aug 12 K-Electric Limited(KEL)	12,467,000 ▼ 0.00
TPL Properties / Aug 12 TPL Properties Limited(TPLP)	8,622,250 ▼ 0.00
Telecard Limited / Aug 12 Telecard Limited(TELE)	8,514,000 ▼ 0.00
Pace (Pak) Ltd. / Aug 12 Pace (Pakistan) Limited(PACE)	8,066,000 ▼ 0.00
Waves Singer / Aug 12 Waves Singer Pakistan Limited(WAVES)	7,260,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 11	219.00
USD PKR Interbank Buying / Aug 11	217.00
USD to Japanese Yen / Aug 11	133.27
USD to Swiss Franc / Aug 11	0.94
Pound Sterling to USD / Aug 11	1.22
Euro to USD / Aug 11	1.03
UK LIBOR % / Aug 11	2.32

Stock	Volume
S&P 500 / Aug 11	4207.27
India Sensex / Aug 11	59332.60
Tokyo Nikkei / Aug 11	28416.02
Nasdaq / Aug 11	12779.91
Hang Seng / Aug 11	20158.29
FTSE 100 / Aug 11	7465.91
Dow Jones / Aug 11	33336.67
Germany DAX 30 / Aug 11	13694.51
France CAC40 / Aug 11	6544.67

Item	Value
Crude Oil USD/Barrel / Aug 11	93.91
Karachi Cotton PKR/37.32 KG / Aug 11	17235.00
Gold 10 Grams PKR / Aug 11	129400.00
Gold Spot USD/Ounce / Aug 11	1788.95
Cotton US¢/pound / Aug 11	106.04

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