Tag: Cryptocurrency
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Crypto Markets Plunge as Tariff Shock Triggers Largest Liquidation Wave in History
Overview: A Historic Crypto Sell-off Fueled by Policy Shock A dramatic policy announcement has triggered what researchers and traders are calling the largest liquidation event in cryptocurrency history. According to Bloomberg’s analysis of 24-hour data from Coinglass, more than $19 billion in crypto bets were wiped out, affecting over 1.6 million traders. The bulk of…
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Crypto Market Turmoil as Trump Tariffs Sparks Largest Liquidation in History
Overview: A Market Shaken by Tariffs and Liquidations The cryptocurrency market is facing its worst sell-off in history following Donald Trump’s announcement of 100% tariffs on China. Bloomberg reports, citing 24-hour data from Coinglass, that more than $19 billion was wiped out in liquidations, affecting more than 1.6 million traders. In the first hour alone,…
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Crypto Markets Tank: $19 Billion Liquidated as Trump Tariffs Send Bitcoin and Ethereum tumbling
Crypto Markets Plunge Amid Tariff Shock The cryptocurrency market faced one of its sharpest shocks in history after news that former President Donald Trump announced new 100% tariffs on China. In the 24 hours following the announcement, data provider Coinglass recorded more than $19 billion in liquidations across the crypto space, marking what analysts are…
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Singapore Man jailed and caned for Possessing Over 1,200 Child Abuse Photos and Videos
Overview of the case A 34-year-old Singaporean man was sentenced to 22 months in prison and two strokes of the cane after pleading guilty to possessing more than 1,200 photos and videos depicting child abuse. The case underscores the severity with which authorities treat the possession of child abuse material and the complex factors involved…
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Bitcoin Transforms Public Transport in Lima: Pay with Crypto
Bitcoin Revolutionizes Public Transport in Lima The city of Lima has taken a significant step into the future by allowing commuters to use Bitcoin for their public transport payments. This innovative move, effective immediately, integrates cryptocurrency into daily public transportation, paving the way for other cities to follow suit. With the rise of digital currencies,…
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Meet Baiju Bhatt: Youngest Indian-American Billionaire
Introduction Baiju Bhatt, a prominent figure in the finance technology industry, is a testament to the success of the American Dream. As the co-founder of Robinhood, he has made headlines for being one of the youngest billionaires in the United States. His remarkable journey as an Indian-American immigrant showcases not only his entrepreneurial spirit but…
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Meet Baiju Bhatt: The Rising Star Among Young US Billionaires
Introduction to Baiju Bhatt Baiju Bhatt, an Indian-American entrepreneur, has recently made headlines as one of the youngest billionaires in the United States. At just 40 years old, Bhatt’s financial journey is an inspiring tale of innovation, determination, and the dreams of an immigrant. He is best known as the co-founder of Robinhood, a groundbreaking…
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Focus on Cryptocurrency Regulations in Pakistan: Senate Panel Insights
Introduction to the Senate Committee’s Meeting On Wednesday, the Senate Standing Committee on Finance convened to discuss critical issues surrounding cryptocurrency in Pakistan. A focus was placed on the proposed Virtual Assets Bill 2025, which aims to regulate the growing field of digital currencies. With the rise of cryptocurrencies worldwide, lawmakers are increasingly concerned about…
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Senate Considers Cryptocurrency Regulation in Pakistan
Introduction to Cryptocurrency Regulations In recent discussions, the Senate Standing Committee on Finance has turned its attention to the burgeoning world of cryptocurrency, focusing on the implications for taxation, compliance, and potential misuse. As digital currencies gain traction globally, Pakistan faces pressing issues surrounding their regulation, especially reflected in the proposed Virtual Assets Bill 2025.…
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Senate Committee Discusses Cryptocurrency Regulations
Concerns Over Cryptocurrency Dealings in Pakistan In recent discussions held in Islamabad, the Senate Standing Committee on Finance has brought cryptocurrency dealings into sharp focus. Lawmakers expressed serious concerns regarding the burgeoning crypto market, emphasizing issues such as taxation pressures, money laundering, and the role of customs enforcement. This scrutiny comes in light of the…