Matador Technologies Secures $1.5 Million Investment to Expand Bitcoin and Real-World Asset Tokenization

Matador Technologies, a Canadian technology firm specializing in Bitcoin and the tokenization of real-world assets, has successfully secured an investment of 1.5 million Canadian dollars from Arrington Capital. This digital

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Ethereum’s Network Growth Faces Challenges Despite Institutional Interest and Recent Upgrades

Ethereum’s Pectra upgrade has not translated into increased on-chain activity, raising questions about the network’s future despite attracting institutional interest. With record inflows of $205 million, Ethereum (ETH) demonstrates resilience,

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Tron (TRX) Shows Steady Growth This Month, Yet Smart Investors Are Focused on Ruvi AI’s (RUVI) Upcoming $1 Valuation Listing

The post Tron (TRX) Shows Steady Growth This Month, Yet Smart Investors Are Focused on Ruvi AI’s (RUVI) Upcoming $1 Valuation Listing appeared first on Coinpedia Fintech News The cryptocurrency market is as dynamic as it gets, with new projects constantly vying for attention. Tron , a long-standing blockchain network, has enjoyed steady growth this month, but its trajectory feels cautious compared to the explosive potential of Ruvi AI . Priced at an accessible $0.015 , with a bold projection of $1 by Q4 2025 , Ruvi AI is captivating smart investors who are looking beyond modest returns for high-impact opportunities. Here’s why Ruvi AI is attracting massive interest, leaving Tron’s steady pace in the dust. Tron’s Steady Yet Conservative Growth Tron has long been recognized for its role in decentralized applications and content sharing platforms. Its network has consistently delivered incremental advancements, and recent months have seen a steady rise in user adoption. While these gains are commendable, Tron’s growth, though positive, remains measured and lacks the explosive potential that defines higher-risk, higher-reward cryptos. For cautious investors, Tron presents a familiar and relatively stable haven. However, for those hungry to capture exponential returns in emerging markets, a project like Ruvi AI is impossible to ignore. Ruvi AI Emerges as a Game-Changer Ruvi AI combines blockchain technology with artificial intelligence to solve pressing challenges across multiple industries. It’s this focus on real-world utility that has positioned the project as a frontrunner in the crypto arena. Unlike Tron’s steady growth, Ruvi AI is in a rapid ascension phase, fueled by clear mission-driven goals. From healthcare and logistics to finance, the project delivers innovative solutions that cater to modern demands. Real-World Applications Redefining Utility Ruvi AI isn’t just promising; it’s actively delivering impact across sectors that drive global economies. Healthcare : Ruvi AI improves diagnostics, streamlines operations, and reduces costs, helping medical systems operate more efficiently. Logistics : Its AI-powered solutions tackle supply chain bottlenecks, enhancing productivity and reducing waste. Finance : By offering advanced fraud detection and secure transaction mechanisms, Ruvi AI provides practical tools to level up financial systems. Tron may provide stable blockchain fundamentals, but Ruvi AI is working toward reshaping industries right now. This capacity to provide immediate value is a key reason why over 130 million tokens were sold during Ruvi AI’s record-breaking presale , which raised an impressive $1.4 million . From Presale Success to Strategic Partnerships Momentum often defines a project’s trajectory, and Ruvi AI has been on an undeniable roll. Its collaboration with Weex Exchange , a user-friendly trading platform, ensures easy market accessibility for Ruvi AI’s utility token. Early accessibility through platforms like Weex supports liquidity, expands its audience reach, and offers seamless trading opportunities for retail and institutional investors alike. This partnership reflects Ruvi AI’s forward-thinking approach, contrasting with Tron’s predominantly developmental focus. VIP Investment Opportunities Another reason behind Ruvi AI’s surging popularity lies in its highly rewarding VIP investment tiers , which are designed to maximize returns for early adopters. With bonuses as high as 100% , these tiers amplify potential returns as the token’s value grows. Here are some highlights of Ruvi AI’s VIP tiers: VIP Tier 2 ($750 investment, 40% bonus): Total tokens = 70,000 . Value at $0.07/token = $4,900 . Value at $1/token = $70,000 . VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens = 224,000 . Value at $0.07/token = $15,680 . Value at $1/token = $224,000 . VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens = 1,280,000 . Value at $0.07/token = $89,600 . Value at $1/token = $1,280,000 . These VIP opportunities are helping Ruvi AI generate unparalleled buzz, giving early movers a huge incentive to get involved now. Why Smart Investors Are Betting on Ruvi AI While Tron’s steady growth signals reliability, it’s Ruvi AI’s dynamic combination of innovation and execution that offers the potential for massive returns . With a foundation in real-world solutions and partnerships that enable scalability, Ruvi AI is poised to achieve its $1 valuation target by Q4 2025. The conversation around Ruvi AI highlights a broader shift in the crypto world, as investors increasingly look for projects with clear value propositions and tangible growth strategies. Ruvi AI’s affordable entry price and sheer upward potential make it an attractive opportunity for forward-thinking investors. Final Thoughts For those tracking cryptocurrency trends, the comparison between steady approaches like Tron and the disruptive rise of Ruvi AI offers valuable insight. While Tron appeals to investors seeking stability, Ruvi AI offers a rare opportunity to capture explosive growth by addressing pressing global challenges. With industry-specific use cases, record-breaking presale success, and future-focused strategies, Ruvi AI is not only just getting started but also setting the stage for long-term relevance in the crypto market. Smart investors are already making the shift toward Ruvi AI, preparing to be part of what could be a defining movement in blockchain innovation. Don’t miss the opportunity to be an early participant in Ruvi AI’s promising future. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register

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PEPE price prediction 2025-2031: Will Pepe coin dominate Dogecoin and Shiba Inu in 2025?

Key Takeaways: Pepe prices faced buying demand toward $0.000014. Our Pepe price prediction for 2025 is a maximum price of $0.000035 In 2030, we expect the Pepe price to touch $0.0258. The meme coin sector momentarily slowed down, hinting at a potential rally if the broader market stabilizes after its recent downturn. Specifically, PEPE coin prices display a bullish pattern, presenting an opportunity for a breakout based on the daily chart analysis. Moreover, the volatility of meme coins is exacerbated by the prevailing market uncertainty. This causes fluctuations in PEPE prices as they oscillate in search of a solid support level to initiate a recovery. Considering investing in Pepe crypto? Explore our Pepecoin price prediction from 2025 to 2031. We offer an in-depth analysis of the anticipated price movements for the PEPE coin. Overview Cryptocurrency Pepe Token PEPE Price $0.0000113 (-2.5%) Market Cap $5.89 Billion Trading Volume (24-hour) $1.22 Billion (-20.5%) Circulating Supply 420.68 Trillion Pepe All-time High $0.00002825 December 9, 2024 All-time Low $0.00000000001062 Apr 14, 2023 Pepe Price Prediction: Technical Analysis Metric Value Current Price $0.0000113 Price Prediction $0.00004481 (+231.36%) Fear & Greed Index 71 (Greed) Sentiment Bullish Price Volatility (30-day variation) 23.7% Green Days 18/30 (60%) 50-Day SMA $ 0.00000786 200-Day SMA $0.0000112 14-Day RSI 68.89 Pepe Price Analysis: PEPE faced bearish pressure toward $0.00001 Pepe shows a bearish volatility toward $0.00001 The resistance for Pepe/Usdt is at $0.00001328 The support for Pepe/Usdt is at $0.00001073 The PEPE price analysis for May 31 confirms Pepe faced bearish pressure as sellers pushed the price toward $0.00001. However, buyers are aiming for a recovery rally above the resistance line. Pepe Coin price analysis 1-day chart: Pepe struggles around $0.000011 Analyzing the daily price chart of Pepe coin, Pepe’s price witnessed a surge in selling volatility over the last few hours. Sellers plunged the meme coin toward 0.00001; however, buyers are aiming for a recovery rally. The 24-hour volume surged to $463.4 million, showing a surge in trading interest. Pepe is trading at $0.0000113, declining over 2.5% in the last 24 hours. Pepe chart on TradingView The RSI-14 trend line has dropped from its previous level and trades at level 43, hinting at an upcoming bearish trend. The SMA-14 level suggests volatility in the next few hours. PEPE/USDT 4-hour price chart: Bulls aim for an immediate surge The 4-hour Pepe price chart suggests that bears dominate near the immediate resistance line as the PEPE price aims for further surges. However, bulls are aiming for a hold above the EMA20 trend line. Pepe chart on TradingView The BoP indicator trades in a bearish region at 0.21, showing that short-term sellers are taking a chance to accelerate a downward trend. Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening short-position holders’ confidence. Pepe technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.00001109 BUY SMA 5 $0.00001208 BUY SMA 10 $0.00001277 BUY SMA 21 $0.00001141 BUY SMA 50 $0.000009319 BUY SMA 100 $0.000008819 BUY SMA 200 $0.00001069 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $0.00001108 BUY EMA 5 $0.000009982 BUY EMA 10 $0.000008788 BUY EMA 21 $0.000008082 BUY EMA 50 $0.000008417 BUY EMA 100 $0.00001006 BUY EMA 200 $0.00001118 BUY What to expect from PEPE price analysis next? The hourly price chart confirms that Pepe attempts to drop below the immediate support line; however, bulls are eyeing a further recovery rally in the coming hours. If Pepe’s price holds momentum above $0.00001328, it will fuel a bullish rally to $0.00001514. PEPE/USD chart If bulls fail to initiate a surge, Pepe’s price may drop below the immediate support line at $0.00001073, beginning a bearish trend to $0.00000779. Is PEPE A Good Investment? Reviewing the Pepe project’s roadmap, it appears there are no detailed plans other than anticipation that $PEPE and similar meme coins will dominate. Given this lack of clear direction and with an already sizable community of over 500,000 Twitter followers, the project’s price growth potential may be capped. However, meme coins have a reputation for offering significant returns, as their values can surge dramatically when supported by strong community movements. This was evident when Pepe’s value skyrocketed by over 222% to reach a new all-time high (ATH) following its listing on the Binance exchange. A similar significant announcement in 2025 could propel Pepe to surpass its previous ATH. Why is Pepe down today? Pepe’s price gained minor selling demand after sellers gained control and plunged the price toward $0.00001. This was triggered by the recent low buying activity and increasing profit-taking sentiment. Will Pepe Recover? If buyers hold the price above the $0.00001 level strongly, we might see further upward rally in the Pepe price chart. What is Pepe price prediction for 2025? The Pepe price prediction for 2025 expects the meme coin to record a maximum level of $0.000035. Will Pepe price reach $0.01? Pepe’s price might touch the $0.01 mark by the end of 2029. However, this price milestone entirely depends on the utility of Pepe coin and future buying demand. Will Pepe price reach $1? Pepe has a great community, and the hype is high for the meme coin. If everything remains good, we might see Pepe’s price touch $1 soon or by 2040. Recent news A whale moved 500 billion $PEPE worth $3.85M to Binance after facing a huge $450,000 loss for holding $PEPE for 40 days. 鲸鱼在 1 小时前将 5000 亿枚 $PEPE ($3.85M) 转进币安,持有 $PEPE 40 天亏损 $45 万。 他在 40 天前 (3/27) 从币安提出这 5000 亿枚 $PEPE,当时价值 $430 万。1 小时前转进币安,如今价值 $385 万,缩水了 $45 万。 https://t.co/9lzokx5ciz 本文由 #Bitget | @Bitget_zh 赞助 pic.twitter.com/BaRDTNGDBB — 余烬 (@EmberCN) May 6, 2025 PEPE Price Prediction May 2025 If BTC price records robust surges this month, we might see PEPE price skyrocketing. We expect the PEPE price to record minimum and maximum prices of $0.0000059 and $0.0000098, respectively. The average price might be around $0.0000072. Month Potential low ($) Potential average ($) Potential high ($) May 2025 0.0000059 0.0000072 0.0000098 Pepe price prediction 2025 The Pepe roadmap is somewhat vague, with few definitive plans beyond the expectation that $PEPE and similar meme coins will dominate the market. Despite its robust community, this lack of clear direction might cap the project’s price potential. Meme coins have a reputation for offering significant financial returns, as their values can surge rapidly when supported by their communities. The impact of major announcements was evident when Pepe’s value soared by more than 222% following its listing on the Binance exchange, reaching an all-time high. A similar event in 2025 could potentially send Pepe to new peaks. In 2025, Pepe’s minimum expected price is projected to be $0.000005. It may peak at a maximum value of $0.000035, with an average trading price of $0.000027 throughout the year. Year Potential low ($) Potential average ($) Potential high ($) 2025 0.000005 0.000027 0.000035 PEPE price predictions 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 0.0048 0.0050 0.0058 2027 0.0071 0.0073 0.0084 2028 0.0102 0.0105 0.0122 2029 0.0149 0.0154 0.0179 2030 0.0204 0.0211 0.0258 2031 0.0246 0.0266 0.0313 PEPE price forecast for 2026 Pepe must offer tangible value to reach a valuation comparable to Shiba Inu and Dogecoin . For instance, Shiba Inu is developing Shibarium, a layer-two scaling solution on Ethereum , alongside various protocols and tools for its community. Meanwhile, Dogecoin is enhancing tools and libraries that facilitate the integration of $DOGE as a payment option for businesses. According to predictions and technical analysis, Pepe could achieve a minimum price of $0.0048 in 2026. The price may rise to a maximum of $0.0058, with an average expected trading price of $0.0050. Pepe Price Prediction 2027 The forecast for 2027 suggests that Pepe will have a minimum price of $0.0071. The maximum price is projected to be $0.0084, with an average price of $0.0073 throughout the year. Pepe price prediction 2028 By 2028, the lowest predicted price for Pepe is $0.0102. It might reach a maximum price of $0.0122, with the average price expected to be around $0.0105. Pepe price prediction 2029 Based on forecasts and technical analysis, the price of Pepe in 2029 is expected to start at a minimum of $0.0149. It could reach a maximum of $0.0179, with an average trading value of $0.0154. Pepe price prediction 2030 Drawing from deep technical analysis of past PEPE data, the price in 2030 is projected to have a minimum value of $0.0204. The maximum price could reach $0.0258, with an average value of $0.0211 throughout the year. Pepe price prediction 2031 By 2031, the lowest predicted price for Pepe is $0.0246. It might reach a maximum of $0.0313, with the average price expected to be around $0.0266. PEPE price prediction 2025 – 2031 Pepe price prediction: Analysts’ forecast Firm name 2025 2026 Coincodex $0.00004103 $0.000065 Changelly $0.0000302 $0.000048 DigitalCoinPrice $0.0000217 $0.000039 Cryptopolitan’s Pepe price prediction The significant influence of major announcements on Pepe’s market performance was demonstrated when its value rose by over 222% after being listed on the Binance exchange, achieving a record high. Another prominent event could similarly propel Pepe to unprecedented levels. Cryptopolitan predicts that Pepe’s lowest price in 2025 will be $0.000024. It may peak at a maximum value of $0.000035, with an average trading price of $0.000027 throughout the year. Pepe historic price sentiment PEPE price history | CoinStats Initial Market Entry and Early Fluctuations: PEPE was introduced to the open market in May 2023, starting at $0.000001514. It experienced a peak at $0.000008117 in July 2023, followed by a dip to $0.0000006105 shortly after. End of 2023 and Trends in 2024: By the close of 2023, the price of PEPE stabilized at $0.000001335. However, 2024 began with a downward trend, with the price dropping to $0.00001237 by mid-February. Record High in March 2024: Amidst a surge in the memecoin sector, PEPE reached a new all-time high of $0.00001074 on March 14, 2024, but slightly decreased to $0.0000083 by March 21, 2024. In May, the price of Pepe surged exponentially, and a new ATH was formed each week. On 27 May, Pepe price reached a new ATH at $0.00001718. However, the price heavily declined in June as it broke below the crucial level of $0.00001. In July, though the Pepe price touched $0.000012, it failed to maintain its momentum and dropped toward $0.0000093. In August, Pepe’s price dropped toward the $0.0000058 level. However, it is now recovering slightly. In September, the price of Pepe witnessed extreme fluctuation; however, it ended the month on a bullish note as it hit $0.000012. Pepe price experienced an Uptober rally later as it surged toward the high of $0.000012 in October. However, the price is now declining below support channels. In November, the price of Pepe skyrocketed above $0.000026. In December, Pepe consolidated below $0.00002. In January 2025, Pepe skyrocketed toward $0.000028, but it then declined to as low as 0.000010 in February. Pepe price crashed in February as it dropped below $0.0000078. In March, the price of Pepe declined heavily as it aimed for a low around $0.000005. The price of Pepe attempted to surge above $0.00001 in April but it failed to meet buyers’ demand. This resulted in a bearish decline in the PEPE price chart. In early May, the price of Pepe skyrocketed toward $0.000013.

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Ethereum at Risk? Whale Activity and On-Chain Signals Hint at Further Correction

Ethereum’s price action has demonstrated a pullback in recent days, reacting to broader market cues, including geopolitical developments. As of the time of writing, the asset is trading at $2,621, marking a 3.2% decline over the last 24 hours. The drop follows recent reports of a federal court reinstating US President Donald Trump’s tariffs, which appear to have triggered a brief wave of risk-off sentiment across the crypto asset space. Despite this short-term weakness, ETH remains up approximately 45% over the past month, supported by momentum built earlier in the quarter. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus Large Ethereum Inflows to Binance Spark Caution This latest pullback coincides with a notable increase in on-chain activity, particularly surrounding Ethereum transfers to exchanges. On May 27, an unusually large transfer of ETH was observed moving to Binance, a trend that has caught the attention of a CryptoQuant analyst monitoring potential profit-taking behavior. Parallel to this, Bitcoin’s Net Unrealized Profit/Loss (NUPL) metric has reached a key level historically associated with market cooling phases, hinting that broader sentiment may be at a transitional point. According to CryptoQuant contributor Amr Taha, Ethereum experienced a substantial net inflow of approximately 385,000 ETH to Binance beginning on May 27. This marks one of the largest daily exchange inflows for the asset in recent months. Exchange inflows of this magnitude are often interpreted as signals of increased selling intent, particularly when driven by larger holders or institutional entities. The movement of such a high volume of ETH to a centralized exchange may reflect preparations for liquidity provision or anticipated market volatility. At the same time, Bitcoin’s NUPL, a metric that calculates the difference between unrealized profits and losses relative to market cap, has approached the 0.6 threshold. Historically, this level has acted as a pivot point where investors begin realizing gains, typically leading to price consolidation or downward pressure. Previous occurrences in early March and late 2024 saw NUPL at similar levels, followed by pullbacks in Bitcoin’s price, which also influenced broader market direction. Signals Suggest Potential Consolidation Phase Taken together, these developments present key indicators that market participants are adjusting their positions amid heightened uncertainty. Taha emphasized that while not definitive sell signals, the 385,000 ETH inflow to Binance and the NUPL’s rise to 0.6 are noteworthy. In prior cycles, similar patterns coincided with phases where investors reduced exposure or rotated assets. As ETH remains near local highs, the potential for short-term correction or sideways movement cannot be dismissed. Related Reading: Ethereum Market Outlook: Technical Indicators Signal Possible Continuation of Uptrend Taha concluded that investors may consider monitoring exchange inflows alongside NUPL and other on-chain metrics to better gauge sentiment shifts. Additionally, developments in regulatory or macroeconomic narratives, such as US trade policies or broader equity market behavior, could further influence crypto price dynamics. While Ethereum continues to demonstrate long-term strength, recent signals point to a phase of caution and strategic reassessment in the near term. Featured image created with DALL-E, Chart from TradingView

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JPMorgan warns: Ethereum faces flat growth, weak demand post-upgrade

So what’s stopping Ethereum’s network from taking off?

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Ethereum’s Smart Future Starts Here , Could Wall Street Ponke Deliver the 100x Edge?

The post Ethereum’s Smart Future Starts Here , Could Wall Street Ponke Deliver the 100x Edge? appeared first on Coinpedia Fintech News Ethereum is becoming more popular, but popularity alone is not enough. ETH is holding firm above $2,500, and investors are expecting big moves. But as more traders and meme tokens flood in, the risks grow. Past cycles show that when the market gets hot, so do scams and risky contracts. That is why Ethereum needs smarter tools to stay ahead , and Wall Street Ponke is delivering them now. Wall Street Ponke is a shield for new and experienced traders. With its AI-powered platform, Wall Street Ponke brings real safety into crypto trading. It looks deep into new tokens, reads the code, watches the liquidity, and finds any problem that could cause harm. Before users make a trade, they get a warning if the token is dangerous. This makes trading much safer, especially for beginners. It removes guesswork and adds trust to every step. JOIN THE WALL STREET PONKE PRESALE BEFORE THE NEXT PRICE INCREASE It also builds a smarter, stronger trader base. Wall Street Ponke doesn’t stop at detection. Its e-learning platform teaches users how to avoid risks, understand patterns, and follow smarter trading habits. Whether you’re new to crypto or just want better strategies, the platform gives clear lessons and real examples. You can even learn from experts and use real-time signals to make better choices. It’s not just about making a trade , it’s about understanding it. Over $300,000 raised shows strong support from the market. Investors have already backed the project heavily. In just a few days, over $300K flowed into the presale, showing real confidence in the system. Staking rewards up to 10 percent a year make it even more attractive. That is passive income for holders who stay long. On top of that, the team is preparing for a Tier 1 exchange listing, which could bring even more attention and momentum soon. Wall Street Ponke stands out with strong features: AI scans every new token to prevent rug pulls Real-time alerts protect users before mistakes happen All contracts fully audited for extra safety Secure, easy-to-use trading terminal with real data Learning platform with market tips, courses, and guidance Raised over $300K shortly after launch Up to 10 percent annual rewards through staking SECURE YOUR STAKING REWARDS EARLY – JOIN THE WALL STREET PONKE NOW Ethereum is powerful, but tools like this make it practical. With Wall Street Ponke, Ethereum traders get more than access , they get safety, clarity, and knowledge. As new coins appear every day, the need for structured protection becomes critical. Wall Street Ponke offers exactly that. It helps Ethereum continue growing by making sure users trade with confidence and purpose. This is how the future of smart crypto starts.

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Crypto Forensics Exposes Criminal Network—Binance Aids in Major Law Enforcement Operation

Binance said its investigations team provided German authorities with crucial analysis and operational intelligence that helped trace the pedophile platform Kidflix’s cryptocurrency payment infrastructure. Crypto Transactions Not Anonymous Cryptocurrency exchange Binance said it played a key role in the dismantling of the global pedophile platform Kidflix in March. According to Binance, its investigations team provided

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Pakistan central bank clarifies stance on digital assets

The State Bank of Pakistan has clarified its stance on digital assets, saying that it has never declared ownership and trading of the assets illegal. In a press release issued by the central bank, it stated that its earlier warnings about the assets were mainly a precautionary measure. Over the last few years, the State Bank of Pakistan has issued an advisory, directing banks, micro-finance institutions, development finance institutions (DFIs), electronic money institutions (EMIs), and other financial service providers to refrain from dealing in virtual assets. However, it has now clarified that the directive was never an outright ban on dealing or using the assets, but a measure to slow the negative impacts on residents of the country. Pakistan central bank clarifies stance on digital assets According to a statement from the bank, the advisory was to protect the financial institutions and their users. “The advisory was issued solely to protect our regulated entities and their customers, not because VAs were declared illegal,” the central bank stated. However, the SBP said that establishing a formal framework will provide the much-needed clarity to the legal status of digital assets in the country, while also ensuring that investors are protected and consumer safeguards are put in place. The update comes in the wake of a recent briefing to the National Assembly’s Standing Committee on Finance, where it was suggested that trading and holding digital assets in Pakistan remain illegal. According to reports, the committee was told that individuals and firms carrying out cryptocurrency transactions were mandated to report the activities to the Financial Monitoring Unit (FMU), which then forwards it to the Federal Investigation Agency (FIA) for more probes. During the committee meeting, SBP Executive Director Sohail Jawad addressed the attendees, confirming that the directive, which was first established in 2018, remains in force. However, the central bank has also mentioned that it is currently coordinating with the Finance Division and the recently formed Pakistan Crypto Council (PCC) to design a comprehensive regulatory and legal framework for digital assets in the country. Attendees query SBP’s clarification amid a wider crypto push While the SBP were quite clear in their clarification, attendees were not convinced of their stance on digital assets. Finance Secretary Imdad Ullah Bosal maintained at the committee briefing that digital assets were banned. He noted that if they were not banned, those dealing in the assets would not have to face investigations from the relevant authorities, including the FMU and FIA. The finance secretary also answered questions on why the Pakistan Crypto Council (PCC) was established without consultations with the parliament or the SPB. He mentioned that the task force was created under the directive of Prime Minister Shehbaz Sharif via executive orders. He added that the PCC is taking on an advisory role that aims to propose a legal and procedural path forward for the crypto industry. The details of the planned allocation of 2,000 megawatts of electricity for crypto mining and AI data centers were also at the briefing, with Committee member Mirza Ikhtiyar Baig discussing government priorities. He mentioned that such an endeavor should have been used to support local industries in Pakistan instead. The country announced the move earlier this month, soaking debates about the country’s crypto stance going forward. Pakistan is currently ranked in the top ten countries in terms of crypto adoption, with the country previously taking the third spot according to the Global Crypto Index. With over 20 million active users and about $20 billion in crypto transactions, the potential for crypto innovation in the country remains high. The country also sees about $35 billion in annual remittances, with experts noting that it could benefit from blockchain-based financial solutions. Meanwhile, the Standing Committee on Finance is expected to summon the SBP, Securities and Exchange Commission of Pakistan (SECP), and members of the Pakistan Crypto Council in its next meeting to seek further clarity on the legal and economic implications of digital asset adoption. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

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GameStop CEO Ryan Cohen Calls Bitcoin a Hedge Against Currency Devaluation, Hailing Its Potential as Digital Gold

COINOTAG News, May 31st – In a recent analysis reported by Cointelegraph, GameStop CEO Ryan Cohen expressed his perspective on Bitcoin as a viable hedge against potential currency devaluation. Cohen

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