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Today's crypto market news is buzzing with key developments from Pakistan and globally. *Top Stories* include: - *Pakistan's Regulatory Move*: Pakistan's Federal Cabinet has approved the establishment of the *Pakistan Virtual Assets Regulatory Authority (PVARA)*, aiming to regulate cryptocurrencies and create a secure investment ecosystem. This move positions Pakistan to become a regional crypto hub. - *Crypto Adoption in Pakistan*: Pakistan ranks among the top 10 nations globally for crypto adoption, with over *40 million estimated crypto users*. The government is working to formalize this market to ensure investor protection and tax compliance. - *Bitcoin Price*: Bitcoin's current price in Pakistan is *PKR 32,175,914*. - *Ethereum Surges*: Ethereum is making a comeback, with analysts discussing its potential to reach *$4,000*. - *Global Trends*: The US is considering a *Bitcoin Strategic Reserve*, which could impact global crypto trends.
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Today's crypto market news is buzzing with key developments. *Top Stories* include ¹ ² ³: - *Crypto ETF Approval*: The SEC's approval of crypto ETFs is boosting market trends, with Topnotch Crypto leading the on-chain revenue model. - *Bitcoin Price Movement*: Bitcoin is hovering around $114,889, with a 3.36% increase over the last 24 hours. Analysts predict a potential breakout, targeting $122,000. - *Solana ETFs Near Launch*: Issuers are updating S-1s with fund fees, bringing Solana ETFs closer to launch. - *Tether's Profit*: Tether posted a $4.9 billion profit in Q2, with stablecoins going mainstream. - *SEC's 'Project Crypto'*: The SEC launched 'Project Crypto' to modernize rules for digital assets and make the US the 'Crypto Capital of the World'. - *Ethereum Upgrades*: Ethereum is preparing for quantum computers with its latest upgrades, targeting quantum resistance and 10,000 transactions per second.
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Key Developments and Market Movements*
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- *Corporate Crypto Holdings Hit $100B*: Corporate crypto treasury holdings have topped $100 billion, with Ether buying accelerating. - *South Korea's New Crypto Rules*: South Korea is targeting leveraged crypto lending services with new rules to ensure user protection. - *Coinbase's Satirical Video*: Coinbase has mocked the UK's financial system in a new satirical video, highlighting financial vulnerability among UK adults. - *DeFi Security Measures*: DeFi platforms are adopting proactive token risk detection to combat rising scams. - *Philippine Government's Blockchain Move*: The Philippine government has launched a blockchain-based document validation system on Polygon. - *XRP Price Prediction*: Analysts predict XRP could surge if it ends July above $3. - *CoinDCX Employee Arrest*: A CoinDCX employee has been arrested in connection with a $44 million crypto hack. - *Bitcoin Price Movement*: Bitcoin is hovering around $118,500, with analysts predicting a potential breakout. - *SEC's New Crypto ETF Standards*: The SEC has set new listing standards for crypto ETPs, which could lead to more crypto ETFs
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