Bitcoin

Trump Fed pick tanks cryptos: Bitcoin at 10-month low, Ether down 4%

Trump’s nomination of Kevin Warsh as Federal Reserve chair triggers a sharp crypto selloff, with Bitcoin tumbling below $78,000 and broader digital assets extending losses amid stronger dollar and higher rate expectations

Bhutan plans to build a new city using bitcoin — and accepts the risks

Announced this week, the Bitcoin Development Pledge dedicates a portion of Bhutan’s sovereign bitcoin reserves, worth an estimated $860 million to $1 billion at current prices

What is Erebor, America’s new bank backed by billionaires?

Erebor Bank, backed by Peter Thiel, Palmer Luckey, and Joe Lonsdale, has received in-principle approval from the Office of the Comptroller of the Currency (OCC), the US agency that regulates national banks. All three donated heavily to US President Trump’s re-election campaign in 2024

US indicts UK-Cambodian business tycoon over $15 bn crypto scam, forced labour

US authorities have charged UK-Cambodian businessman Chen Zhi with orchestrating forced labour and cryptocurrency fraud schemes worth billions across Asia

Bitcoin and gold surge to all time highs amid growing economic fears | Vantage on Firstpost | N18G

Gold and Bitcoin have climbed to unprecedented levels, driven by mounting investor anxiety over global instability. This surge is fuelled by political conflicts and economic challenges that are pushing markets towards safer investment choices. From the ongoing US government shutdown and plunging French stocks to Japan’s fluctuating currency and rising worldwide debt, uncertainty is prompting a move away from traditional money. The US dollar has already dropped 10 percent in value this year, while central banks including China’s are rapidly increasing gold reserves. In August alone, they added 15 metric tons of gold. With global public debt soaring to 102 trillion dollars, many investors are turning to assets like gold as more dependable stores of wealth.

Gold and bitcoin price surges: This is the rally of fear not euphoria

Gold and Bitcoin have both hit record highs as investors seek refuge from political turmoil, inflation, and fears over the US government shutdown

Is Pakistan heading from rupee crash to blockchain blunder? Minister visits El Salvador for crypto push

With its economy on the brink, Pakistan is turning to cryptocurrency not as a choice, but as a last-ditch gamble to escape financial collapse

Bitcoin hits all-time high, surpasses $112,000 as traders shrug off tariff fears

Bitcoin hit all-time high on Wednesday by surpassing $112,000 as traders shrugged off tariff fears and sought the cryptocurrency as a hedge against global trade tensions and a weakening US Dollar.

The many ironies in Pakistan launching a Strategic Bitcoin Reserve

Across major Pakistani cities, citizens endure crippling electricity outages, yet the government has allocated 2,000 MW of surplus electricity for bitcoin mining and artificial intelligence (AI) data centres. Alongside this, there are issues related to FATF, too

7 things about Bilal Bin Saqib, the man behind Pakistan’s big Bitcoin bet

Here are 7 things to know about Bilal Bin Saqib, Pakistan Crypto Council (PCC) Chief Executive Officer and the man behind Islamabad's big Bitcoin bet