With over 22 million active cryptocurrency traders, Pakistan is swiftly emerging as a significant player in the global digital asset market.
To bring order and regulation to this burgeoning sector, Pakistan is forming a National Cryptocurrency Committee. This initiative comes after high-level consultations with a digital asset advisor from former U.S. President Donald Trump’s administration.
The committee, which includes government officials, financial regulators, and industry experts, will focus on crafting policies, ensuring compliance, and aligning with international standards, as announced by Pakistan’s Ministry of Finance. $BTC #bitcoin #Pakistan #CryptoGrowth #BlockchainRevolution #CryptoRegulation #DigitalEconomy
This week has been a rollercoaster in the crypto market! Bitcoin surged toward $100,000 following the Bybit hack but quickly retraced. However, BTC bounced back with a $7,000 recovery from its $78,000 low and is now hovering near $85,000.
Altcoins are rallying too! Ethereum climbed 5% above $2,200, while BNB jumped 4%, nearing $600. Ripple defended the $2 mark and surged to $2.17 with an 8% gain. SOL, DOGE, ADA, and others are also in the green! 🎉
What’s your take on the market? Let’s discuss in the comments! 💬
The whale sold 96155 $SOL, earning $4.5 million and all would be fine, but he bought them at an average of $100 a year ago and could have sold for $250 not so long ago. Even whales are starting to panic and sell at the lows Are we going to fly even lower? I don’t think so - as mentioned earlier, we are approaching one of the major support zones at the $87k mark for BTC. Of course, we could easily fly down to $71k, Trump is doing everything to crash the markets, but there is still hope, and whales and institutions are mostly continuing to accumulate, despite rare large players dumping from time to time For example, today they purchased 8k BTC, 40.6k ETH and many smaller purchases in altcoins... What’s next, what do you think?$BTC $ETH $BTC #bitcoin #ETH🔥🔥🔥🔥🔥🔥
Here’s why Bitcoin price correction could last until April Bitcoin’s price is expected to stay under pressure until April, with analysts warning a stronger U.S. dollar and shifting market dynamics influencing its trajectory. Bitcoin’s Bitcoin btc -7.14 Bitcoin price may stay under correction until April, according to a new Matrixport analysis, which ties the drop to global liquidity and macro factors, including a stronger U.S. dollar putting pressure on the cryptocurrency.
The price of Bitcoin (BTC) was recorded at PKR 22,458,846.45 in Pakistani Rupees (PKR) on Friday, February 28, 2025 (approximately Rs 22.45 million), compared with the rate of PKR 23,861,183.66 at closing on February 27, 2025.
Coinbase delivered an outstanding financial performance in the previous year's fourth quarter, far exceeding profit forecasts. The surge was primarily fueled by a sharp increase in trading activity for Bitcoin (BTC) and other cryptocurrencies, closely tied to the aftermath of the U.S. elections. Donald Trump's election win in November reignited enthusiasm in the crypto market, with investors betting on his administration's potential to implement crypto-friendly policies. This optimism propelled Bitcoin prices to new heights, breaking the $100,000 barrier during the quarter. The rally underscored a broader trend of growing confidence in digital assets among mainstream investors, driven by expectations of favorable regulatory developments.