Coinbase has crossed a significant milestone, reaching a market capitalization of over $100 billion amid renewed momentum across the crypto sector. According to Google Finance data, shares of Coinbase (COIN) reached a new all-time high of $398.50 during trading hours on July 14. However, the stock’s value ended the day at around $394, reflecting a…
US Democratic lawmakers, led by House members Maxine Waters and Stephen Lynch, announced on July 11 that next week will be designated “Anti-Crypto Corruption Week.” The initiative aims to unite Democrats in opposing several pro-crypto bills that are currently under consideration in Congress, including the GENIUS Act, the CLARITY Act, and a proposed law aimed…
Authorities in the Chinese city of Shenzhen have warned residents about fraudulent investment schemes tied to digital assets and stablecoins. In a statement published on July 7, the city’s Office of the Municipal Task Force for Preventing and Combating Illegal Financial Activities cautioned against deceptive platforms posing as legitimate crypto investment opportunities. According to the…
US President Donald Trump signed an executive order on Monday to end a longstanding sanctions programme on Syria, marking a significant step toward reintegrating the country into the global financial system and fulfilling Washington’s commitment to support Syria’s post-war reconstruction. Despite the broader easing, the United States will retain targeted sanctions against Syria’s former president…
At a White House event, US President Donald Trump said a ceasefire between Israel and Hamas could be achieved within days. Speaking from the Oval Office, he shared that he had recently spoken with individuals involved in the negotiations and believed a breakthrough was near. “I think it’s close. I just spoke to some of…
The equity market opened higher on Friday as investor sentiment improved on renewed US-Pakistan trade ties and parliamentary approval of the federal budget. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an intraday high of 123,628.23, gaining 1,581.77 points, or 1.3%, and touched a low of 122,222.69, reflecting an uptick of 176.23 points,…
US airstrikes did not destroy Iran’s nuclear capability and only set it back by a few months, according to a preliminary US intelligence assessment, as a shaky ceasefire brokered by President Donald Trump took hold between Iran and Israel. Earlier on Tuesday, both Iran and Israel signaled that the air war between the two nations…
Three sources familiar with the matter, who spoke on condition of anonymity, told Reuters of the preliminary assessment. According to two of the sources, the assessment was prepared by the US Defence Intelligence Agency. One of the sources said Iran’s enriched uranium stocks had not been eliminated, and in fact, the country’s nuclear programme may…
US President Donald Trump said Tuesday that the ceasefire between Iran and Israel is “NOW IN EFFECT.” “THE CEASEFIRE IS NOW IN EFFECT. PLEASE DO NOT VIOLATE IT!” he wrote on his Truth Social platform. The US leader had earlier said the truce would be a phased 24-hour process beginning at around 0400 GMT Tuesday,…
But there was no confirmation from Israel and the Israeli military said it had detected missiles launched from Iran towards Israel in the early hours of Tuesday. “Defensive systems are operating to intercept the threat,” the Israel Defense Forces said in a statement. Israel, joined by the United States on the weekend, has carried out…
