China

Pakistan signs deal with WLFI-linked crypto business for cross-border payments

Pakistan has signed a deal with a cryptocurrency business linked to WLFI to facilitate cross-border payments. This partnership aims to enhance the efficiency of financial transactions between Pakistan and other countries. The initiative is part of Pakistan's broader strategy to modernize its financial infrastructure and embrace digital currencies. The collaboration is expected to streamline remittances and reduce transaction costs for users. This move reflects a growing trend among nations to explore blockchain technology for financial services.

Read the full article: CoinDesk

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens

TD Cowen has reduced its price target for Bitcoin, reflecting a less optimistic outlook on Bitcoin yields. The firm cited concerns over the potential for lower returns in the cryptocurrency market, which could impact investor sentiment. This adjustment comes amid broader market fluctuations and changing economic conditions. Analysts suggest that

Manhattan DA Urges Lawmakers to Strengthen Crypto Enforcement Tools

Manhattan District Attorney Alvin Bragg is advocating for enhanced legislative measures to improve the enforcement of cryptocurrency-related crimes. He emphasized the need for stronger tools to combat fraud and other illicit activities in the rapidly evolving crypto landscape. Bragg's call to action comes amid rising concerns about the

Dogecoin drops 4% as traders sell into strength

Dogecoin experienced a 4% decline as traders opted to sell during a period of price strength. This sell-off comes amid fluctuating market conditions, with many investors taking profits after recent gains. Analysts suggest that the drop reflects a broader trend of profit-taking in the cryptocurrency market. Despite the decline, Dogecoin

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

The Senate Banking Committee has postponed the markup of a significant cryptocurrency bill amid declining support from the industry. This decision comes as various stakeholders express concerns about the proposed regulations and their potential impact on innovation and market stability. The delay highlights the growing divide within the crypto community

Read more

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens

Manhattan DA Urges Lawmakers to Strengthen Crypto Enforcement Tools

Dogecoin drops 4% as traders sell into strength

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays