XRP Eyes Breakout as Price Approaches Crucial Resistance Levels
XRP is teetering on the edge of a potential breakout, with analysts pointing to key technical indicators that could drive the price past the long-anticipated $3 mark. The cryptocurrency, which traded flat on Tuesday at $2.26, faces strong resistance around the $2.30 level, but bullish signals are mounting both in
Pakistan Launches New Crypto Regulatory Authority to Oversee Digital Asset Sector
Pakistan has officially launched the Pakistan Virtual Assets Regulatory Authority (PVARA), a new independent body established to regulate and supervise the country’s rapidly growing crypto and digital asset industry. The development, reported by local English-language newspaper Dawn, marks a major policy step by the federal government to bring structure, transparency,
LetsBonk Surpasses PumpFun in Daily Revenue, Shaking Up Solana’s Memecoin Ecosystem
Solana’s Memecoin Sector Witnesses a Revenue Upset In a significant shake-up within the Solana blockchain’s memecoin sector, LetsBonk has overtaken PumpFun in daily revenue generation. Data from decentralized finance aggregator DefiLlama shows that LetsBonk earned $1.04 million in revenue within 24 hours, nearly double the $533,412 recorded by long-time frontrunner
Bhutan Bets on Crypto Tourism to Modernise Economy and Attract Global Travellers
Bhutan is embracing cryptocurrency as part of its national strategy to modernise its tourism infrastructure and attract a new wave of tech-savvy visitors. By integrating crypto payments into everyday transactions for tourists, the Himalayan kingdom hopes to overcome long-standing challenges in its payment systems and boost economic growth. A Digital
TON Launches UAE Golden Visa Programme with $100K Crypto Stake Requirement
The Open Network (TON), a blockchain platform originally developed by Telegram, has launched an innovative new route to secure a 10-year UAE Golden Visa. The scheme, which requires a $100,000 stake in Toncoin (TON) for three years and a one-time $35,000 processing fee, significantly reduces the traditional entry cost by
Bitcoin Stalls Below $110K Once Again, Raising Risk of Major Pullback
Bitcoin’s latest rally has once again faltered at the $110,000 mark, marking the third rejection at this level and putting bullish momentum under pressure. The cryptocurrency briefly traded at $109,100 on Thursday, but significant resistance just above continues to hinder progress. Analysts now warn that the longer BTC fails to
DeFi Development Corp Extends Rally After $2.7M Solana Purchase, Stock Soars 2,733% YTD
Solana Investment Sparks New Gains DeFi Development Corp. extended its remarkable stock rally on Thursday following the announcement of a $2.7 million Solana (SOL) purchase, further cementing its aggressive digital asset treasury strategy. The firm’s stock surged 17% during the day, closing at $23.80, and climbed another 0.8% in after-hours
Bitcoin on the Brink of Breakout as Funding Rates Flip and Short Squeeze Looms
Funding Rate Turns Negative, Sparking Bullish Expectations Bitcoin has once again captured market attention after its perpetual futures funding rate briefly dipped into negative territory in late June. This event, often seen as a precursor to major price rallies, aligns with a historical pattern where similar occurrences preceded significant price
IMF Blocks Pakistan’s Bitcoin Mining Plan Over Power Subsidy Concerns
Pakistan’s ambitious plan to utilise its surplus electricity for Bitcoin mining has stalled after the International Monetary Fund (IMF) reportedly rejected a proposal to offer subsidised power to energy-intensive sectors, including cryptocurrency operations. The move has raised concerns about potential market distortions and the country’s fragile energy infrastructure. Subsidised Power
Crypto Enthusiasts Eye Top Airdrops in Early July: Zama, MEXC, and Sahara AI Lead the Way
The crypto ecosystem is buzzing with excitement this week as three major projects, Zama, MEXC, and Sahara AI, roll out lucrative airdrop campaigns. These initiatives not only offer free tokens to early users but also showcase groundbreaking technologies ranging from encryption innovations to decentralised AI networks. With significant funding from