Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet. The price for Gold stood at 30,686.56 Pakistani Rupees (PKR) per gram, up compared with the PKR 30,439.29 it cost on Wednesday. The price for Gold increased to PKR 357,915.70 per tola from PKR 355,037.90 per tola a day earlier. Unit measure … Read more
The cryptocurrency market is booming during Thursday’s early morning hours, with bitcoin poised to recover price levels not seen since February. The leading cryptocurrency experienced an upswing of nearly 3%, reaching prices of over $99,000 on several exchanges. Similarly, ether also rose to levels not seen since April, surpassing the key $1,900 mark. This market … Read more
A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk. The Texas House Committee on Delivery of Government Efficiency passed Senate Bill 21 with no amendments on May 7 in a 9-4 vote along party lines. … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
Trump’s explosive foray into crypto faces a blistering Senate probe targeting token profiteering, foreign deals, and alleged presidential pay-to-play schemes that could shatter ethical boundaries. Trump Crypto Empire Dragged Into Probe Over Elite Access and Foreign Cash U.S. Senator Richard Blumenthal (D-CT), Ranking Member of the U.S. Senate Permanent Subcommittee on Investigations, announced on May … Read more
Jenny Lee, Granite Asia senior managing partner. Juliana Tan for Forbes Asia Singapore-based venture capital firm Granite Asia has raised over $250 million in anchor commitments from top Asian sovereign wealth funds to bankroll its private credit strategy. Besides the fresh capital from Asian sovereign wealth funds, the initial funding commitments for the Libra Hybrid … Read more
COINOTAG News reports on May 8th that recent analytics from Coinglass reveal significant thresholds for Bitcoin’s price movement. Should Bitcoin breach the pivotal $100,000 mark, an overwhelming short liquidation of nearly $396 million could occur across major centralized exchanges (CEX). Conversely, a dip below $96,000 may trigger a long liquidation intensity amounting to approximately $305 … Read more
XRP continues to trade in a sideways pattern with no major changes in its price trend. On the larger time frame, the price is holding above the important support level of $2, but momentum remains weak. The market appears to be in a holding phase, with limited direction in recent days. Experts are watching XRP’s … Read more
The crypto market is gaining today, May 7, ahead of the FOMC meeting in which Fed Chair Jerome Powell is expected to announce an interest rate decision. The market has already priced in zero rate cuts, and the focus is on Powell’s speech and whether he will signal cuts in June. If the Fed Chair … Read more
On May 8th, 2023, former President Donald Trump announced via his social media platform, Truth Social, ambitious proposals aimed at reshaping the economic landscape. He emphasized significant reforms in tax policies, highlighting a commitment to implementing tax-free tips and tax-free Social Security benefits for senior citizens. Furthermore, Trump asserted that tax-free overtime pay could become … Read more