Pakistan vows 'full spectrum' response to Indian aggression
Pakistani envoy warns of imminent Indian strike, cites leaked plans targeting areas in Pakistan as proof. News Desk | May 04, 2025 a pakistani made shaheen iii missile that is capable of carrying nuclear warheads is displayed during a military parade to mark pakistan national day in islamabad on march 23 2022 courtesy voice of america A Pakistani-made Shaheen-III missile that is capable of carrying nuclear warheads is displayed during a military parade to mark Pakistan National Day, in Islamabad, on March 23, 2022. Courtesy: Voice of America
Pakistan will deploy the "full spectrum of power," including nuclear capabilities, in response to any Indian military strike or disruption to critical water resources, its ambassador to Russia has warned.
In a stark statement to Russian broadcaster RT on Saturday, Ambassador Muhammad Khalid Jamali claimed Islamabad had intelligence indicating imminent Indian military action. “There are leaked documents suggesting plans to strike certain areas of Pakistan,” he said, calling the threat “imminent.”
The ambassador’s remarks follow heightened tensions between the nuclear-armed neighbours after a deadly April 22 attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK). New Delhi has accused Islamabad of harboring militant groups, pointing to suspected Pakistani nationals linked to the assault in Baisaran Valley, which killed multiple civilians.
Pakistan has denied involvement, calling for an international investigation and proposing that nations such as China and Russia participate. “We expect neutral and credible inquiries into the incident,” Jamali said.
The envoy also issued a pointed warning over India’s suspension of the Indus Waters Treaty—a long-standing agreement governing cross-border rivers. “Any attempt to usurp or divert water would constitute an act of war and would be met with full force,” he said.
A company called Banxa is now working with the Pi Network to help Pi Pioneers easily convert Pi coin into real money (fiat) and also buy Pi using fiat.
This means that Pioneers can soon send their Pi to Banxa and receive money directly in their bank accounts, or use Banxa to purchase Pi using methods like credit cards, bank transfers, or Apple Pay.
Banxa is similar to the “PayPal of crypto” but more advanced. It enables consumers to purchase and trade cryptocurrencies using ordinary money (such as USD, EUR, or INR) via secure payment methods like bank transfers, credit/debit cards, and Apple Pay.
What makes Banxa stand out is its full regulatory compliance. It follows strict laws like KYC (Know Your Customer) and AML (Anti-Money Laundering). This ensures that all transactions are legal, secure, and safe for users across many countries.
Now, Banxa is joining forces with the Pi Network. It has already acquired 30 million Pi coins to provide enough liquidity, making it easier for Pi Pioneers to buy Pi with fiat or sell their Pi and receive real money in their bank accounts.
This partnership acts as a fiat on-ramp and off-ramp for Pi, bridging the gap between traditional banking and the growing Pi ecosystem. It’s a big step toward making Pi a real, usable currency in the global economy.
#Hollywood Trump says Hollywood 'dying, orders 100% tariff on non-US movies to save it.
WASHINGTON, May 4 (Reuters) - U.S. President Donald Trump on Sunday announced a 100% tariff on movies produced outside the country, saying the U.S. movie industry was dying a "very fast death" due to the incentives that other countries were offering to draw American filmmakers. "This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda," Trump said in a post on Truth Social. Trump said he was authorizing the relevant U.S. government agencies such as the Department of Commerce to immediately begin the process of imposing a 100% tariff on all films produced abroad that are then sent into the United States. Trump added: "WE WANT MOVIES MADE IN AMERICA, AGAIN!"
#Trumph on China Tariffs President Donald Trump said he is willing to lower tariffs on China at some point because the levies now are so high that the world’s two largest economies have essentially stopped doing business with each other.
Trump has placed tariffs as high as 145% on Chinese imports. China has retaliated with tariffs of 125% on American imports. The moves rattled markets and threaten to drive up prices for manufacturing equipment as well as affordable goods that many Americans rely on, including clothing and toys.
“At some point, I’m going to lower them, because otherwise, you could never do business with them, and they want to do business very much,” Trump said in an interview that aired Sunday on NBC’s Meet the Press with Kristen Welker.
He noted recent economic pains in China, where factory activity has slipped into the worst contraction since 2023, according to the official manufacturing purchasing managers’ index. New export orders fell to the lowest since December 2022 and recorded the biggest drop since April that year, when Shanghai entered a citywide pandemic lockdown.
Trump also praised some statements that China made recently as “positive”, while reiterating that any deal between the two countries would reach has to be “fair.”
#DigitalAssetBill The United Kingdom Treasury published draft digital asset regulation and indicated that it plans to work with the United States to support innovation across the digital asset industry, Chancellor of the Exchequer Rachel Reeves said on April 29.
“Through our Plan for Change, we are making Britain the best place in the world to innovate — and the safest place for consumers,” said Reeves in an April 29 statement. “Robust rules around crypto will boost investor confidence, support the growth of Fintech and protect people across the UK.”
The U.K. Treasury’s comments came after Reeves recently met with U.S. Treasury Secretary Scott Bessent in Washington, D.C., where, according to reports, they discussed collaboration around digital assets regulation.
#StrategicBTCReserve The BITCOIN Act proposes that the U.S. Treasury acquire up to 1 million Bitcoin over 5 years and hold it in a Strategic Bitcoin Reserve for at least 20 years as a store of value to strengthen the nation's balance sheet.
Explore hypothetical outcomes inspired by the Act by changing U.S. debt growth rates, average Bitcoin acquisition prices, Bitcoin price growth rates, and the total quantity of Bitcoin acquired to visualize how a national Bitcoin reserve could potentially offset U.S. debt.
MicroStrategy has its sights on a fresh Bitcoin purchase in the coming days after company CEO Michael Saylor hinted at an incoming acquisition. Saylor shared MicroStrategy’s portfolio tracker in an X post, a tell-tale sign typically preceding a Bitcoin purchase announcement.
Michael Saylor’s post was accompanied by a caption hinting at increased buying activity by the software firm. The latest hint follows Saylor’s plans to raise $84B for Bitcoin purchases via stock sales to fund its acquisition spree.
#SaylorBTCPurchase Michael Saylor Hints At Incoming Bitcoin Acquisition MicroStrategy has its sights on a fresh Bitcoin purchase in the coming days after company CEO Michael Saylor hinted at an incoming acquisition. Saylor shared MicroStrategy’s portfolio tracker in an X post, a tell-tale sign typically preceding a Bitcoin purchase announcement.
Michael Saylor’s post was accompanied by a caption hinting at increased buying activity by the software firm. The latest hint follows Saylor’s plans to raise $84B for Bitcoin purchases via stock sales to fund its acquisition spree.
#EUPrivacyCoinBan The new regulatory framework, which complements the Markets in Crypto-Assets Regulation (MiCA), increases surveillance on crypto businesses. The regulatory framework mandates such firms to do mandatory customer due diligence on all transactions above €1,000 ($1,100). This regulation makes it easier to track transactions and prevent money laundering in crypto space.
The EU seeks to strengthen its surveillance on crypto service providers. AMLA will initially supervise 40 crypto firms, with at least one company from each member state. The selected entities must have more than 20,000 customers from the host country or exceed €50 million in transaction volume.
#XRP XRP Stuck in Sideways Drift as Traders Await Clear Direction: XRP remains in consolidation mode, currently priced at $2.18 after slipping 0.38% in the last session. The 4-hour chart shows price compressing within narrow Bollinger Bands, indicating low volatility as traders await a decisive move. Recent attempts to breach $2.23 resistance have failed, keeping XRP locked between $2.17 and $2.23. Momentum indicators suggest a neutral-to-weak bias. The RSI sits at 42.60 and 46.07, reflecting a lack of strong buying pressure. The MACD is also flat, with its lines (-0.0012 and -0.0082) staying close together and near zero, signaling indecision. For now, XRP appears range-bound, with traders eyeing a breakout to determine the next major trend.
$USDC USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions. The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.
#EUPrivacyCoinBan Privacy coins and anonymous crypto wallets might soon become history in the European Union. As part of a sweeping overhaul to tighten anti-money laundering rules, the EU has announced plans to ban both by July 1, 2027. The message is clear: crypto can stay, but it has to play by the same rules as the rest of the financial system. Regulators make it clear that privacy coins in the EU will not be tolerated under the updated AML framework. The new rules fall under the bloc’s updated Anti-Money Laundering Regulation, or AMLR, and they’re already shaking up conversations around privacy, surveillance, and the future of decentralized finance.
#XRP is in an accumulation phase, with technical factors and market news potentially creating a breakout in the near future. Investors should closely monitor key support and resistance levels, along with related news to make informed trading decisions.
$BTC The term “trading pairs” refers to the asset pair being traded in cryptocurrency, usually one cryptocurrency for another. Cryptocurrency pairs compare the value of one currency to another, specifically the base currency vs. the second one, the so-called quote currency. It informs you how much of the quote currency you’ll need to buy one unit of the base currency, so such pairings help to determine the value of your assets when you’re trading them for other assets. Traders can exchange their assets for other cryptocurrencies, most commonly BTC, which is still the market leader in terms of market capitalization, or for stablecoins such as USDT, UST, or USDC, which are basically crypto pegged to the US dollar. Crypto traders can also trade cryptocurrencies against USD or any other fiat currency on well-known exchanges, like Binance or Coinbase. The process will be pretty much the same as for trading one cryptocurrency against another, with the exception that digital assets will be exchanged for fiat currencies like USD, EUR, GBP, ect.
#AppleCryptoUpdate Apple modified its iOS App Store rules after a U.S. District Court decision in the Epic Games antitrust case. The court ordered Apple to drop its payment fees on purchases outside the App Store and eliminate its restrictions on external payment links. This policy shift by Apple enables developers to create apps that can direct users to external payment methods and display third-party NFTs.
$BTC Investing.com-- Bitcoin jumped on Thursday, but the gains remain limited after a recent rebound ran dry amid persistent concerns over the outlook for U.S. trade tariffs and economic growth. The world’s largest cryptocurrency marked a strong rally through April, adding nearly 20% and wiping out its annual losses as sentiment improved from troughs seen earlier this year. But broader crypto markets largely lagged this rebound, given that a bulk of Bitcoin’s gains were also driven by large buying action from Michael Saylor’s Strategy and a slew of spot exchange-traded funds. Moreover, ETF buying was seen petering out this week, with major ETFs logging a small net outflow on Wednesday.
Bitcoin climbed 3% to $96,330.0 by 09:37 ET (13:37 GMT).
#DigitalAssetBill House Republicans to unveil landmark draft digital asset bill ahead of key crypto hearing next week. Top Republicans of the House Financial Services Committee alongside their counterparts in the House Agriculture Committee will be releasing a draft ahead of a May 6 hearing on the future of digital assets, sources told The Block. The incoming version is set to be similar to one that passed out of the House last year called the Financial Innovation and Technology for the 21st Century Act Key lawmakers are set to release a new discussion draft in the coming days that outlines a significant regulatory framework for digital assets, ahead of a major congressional hearing next week.
$USDC USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds.