Professional investors dumped 52K BTC worth of ETFs in Q1, filings show
US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure.
Coinbase to launch token-backed mortgage down payments this summer
A Coinbase-Better Home & Finance initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments.
Bitcoin bulls’ fate rests on $60K support as crypto erases $2T in market cap
Bitcoin continued “incredible” 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts.
Bybit joins Western Union’s new USDPT network as stablecoin expands distribution
The exchange integration gives Western Union’s dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stablecoins.
Nepra cuts electricity tariff by Rs1.98 per unit under quarterly adjustment
KE employees working in Karachi, on January 25, 2023. — APPJune bills to reflect Re0.80 net relief after fuel charge adjustment.Rs67bn relief to be given under first quarterly adjustment.Reduction applies across country, including K-Electric consumers.
The National…
Oil falls on hopes of broader peace after Lebanon, Israel halt fighting
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — ReutersBrent drops 0.89%, WTI down 0.81% after recent gains.Trump says Iran talks could see movement by this weekend.Iran says contacts with Washington remain open but stalled.
Pakistan trade deficit widens 17.5% to $34.8bn in FY26 on weak exports
A cargo ship full of shipping containers is seen at the port of Oakland in Oakland, California, US on March 6, 2025. — ReutersExports drop deepens reliance on imported goods.May trade deficit narrows as imports decline, exports rise.Services exports growth trims deficit.
ISLAMABAD:…
OpenAI and Anthropic Sign Letter to Prevent AI-Developed Biological Weapons
Leading AI labs, executives, and scientists are sending a letter to lawmakers urging them to improve tracking of synthetic DNA sequences that could be used for bioweapons.
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xAI Asks Court to Strip Alleged Grok Deepfake Nudes Victims of Anonymity
Four people suing Elon Musk’s AI firm under pseudonyms due to the risks of being identified may face a difficult choice: Reveal your real names, or drop the lawsuit.
Elon Musk and America’s Far Right Stoke Anger Over Murder of UK Teen
Influential figures, including Nick Fuentes, have been accused of “hijacking” the murder of Henry Nowak to push a racist agenda.