IMF pushes back on Pakistan’s subsidized electricity proposal for crypto mining
The IMF has declined Pakistan’s bid for subsidised electricity for crypto mining, despite earlier plans to allocate 2,000 megawatts of surplus power to the sector. In a session with the Senate Standing Committee on Power, chaired by Senator Mohsin Aziz,…...
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Robinhood-backed Bitstamp receives license to operate in Singapore in spite of the ‘crypto exodus’
Bitstamp by Robinhood has received a Major Payment Institution license from Singaporean financial authorities, following the deadline set for unlicensed crypto firms to cease operations in the region. According to a press release issued on July 3, Bitstamp by Robinhood…...
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Ethereum set record highs in June with 6M more ETH accumulated, 1M staked — Is a breakout brewing?
Ethereum quietly posted a historic month in June, even as its price action remained muted. According to a July 3 analysis by CryptoQuant contributor Carmelo Alemán, Ethereum (ETH) saw a historic wave of accumulation and staking activity last month, pointing…...
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New US bank backed by billionaires aims to fill crypto void left by SVB
A new bank backed by Anduril’s Palmer Luckey and 8VC’s Joe Lonsdale could become crypto’s next big lifeline in the U.S. following the fall of Silicon Valley Bank. A group of well-known tech investors is launching a new U.S. bank…...
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Altcoin ETF Basket by Grayscale Delayed in Controversial SEC Move
The U.S. Securities and Exchange Commission (SEC) has hit pause on Grayscale Investments’ application to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund, only a day after greenlighting it. The abrupt stay has thrown cold water on immediate trading plans and created some uncertainty about...
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Gate Launches xStocks Trading Section, Bridging Crypto Finance and Global Capital Markets
[PRESS RELEASE – Panama City, Panama, July 3rd, 2025] In July 2025, Gate, a global leading digital asset trading platform, officially launched its xStocks trading section, covering both spot and futures markets. The initial listings include 8 popular tokenized stocks, such as COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX, TSLAX,...
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IMF Rejects Pakistan’s Proposal to Subsidize Power for Bitcoin Mining: Reports
The International Monetary Fund (IMF) has rejected Pakistan’s repeated proposals to provide subsidized electricity to bitcoin (BTC) mining and other energy-intensive industries, according to reports. Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions in a session with the Senate Standing Committee...
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Crypto theft campaign hits Firefox users with wallet clones
Over 40 fake Firefox extensions impersonating popular crypto wallets have been used in an ongoing campaign to steal users’ wallet credentials....
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Bitcoin Makes History With Highest Monthly Close, But Volume Is Still Bearish
With the month of June having drawn to a close, Bitcoin has now managed to set a new record. According to a report by well-known crypto analyst Rekt Capital, the month saw Bitcoin complete its highest monthly close ever in the history of the cryptocurrency. However, while this would...
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Биткоин подает редкий сигнал, который может спровоцировать падение ниже $40 000
Биткоин (BTC) недавно закрыл июньскую месячную свечу выше отметки в $100 000, что вселило надежды быков на дальнейший рост в течение лета. Однако цифровой актив сейчас подал редкий сигнал, предупреждающий о значительной коррекции цены в ближайшие месяцы. Биткоин подает редкий медвежий сигнал По данным недавнего поста в социальной сети...
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