Live Updates : Pakistan - 24-04-2025

The Daily Hodl reports that Binance, a leading global crypto exchange, has airdropped Hyperlane (HYPER) to eligible users and subsequently listed it for trading on Tuesday. HYPER is the native altcoin of a permissionless interoperability protocol. The listing and airdrop are part of Binance's HODLer Airdrops program, which rewards Binance Coin (BNB) holders with tokens from new projects. This initiative aims to incentivize BNB holding and provide early access to promising cryptocurrencies.

According to The Daily Hodl, the CFTC has announced a public comment period to explore the possibility of 24/7 trading in derivatives markets. Acting Chairman Caroline Pham emphasized the need for the agency to be forward-thinking in its approach to regulation. This move comes amid growing institutional interest in crypto derivatives and recent market volatility, as well as ongoing SEC lawsuits against major crypto exchanges, all of which underscore the need for regulatory adaptation.

The potential implications of 24/7 trading include increased trading volume and revenue for crypto exchanges, but also require significant investment in infrastructure and risk management. Retail investors could gain greater access but face increased risk due to overnight volatility. The CFTC would need to adapt its regulatory framework to ensure market integrity and investor protection.

According to The Daily Hodl, the SEC is considering 72 active applications for cryptocurrency ETFs as of April 2025. These applications, compiled by James Seyffart, an ETF analyst at Bloomberg Intelligence, include funds based on a variety of cryptocurrencies, including Solana (SOL), XRP (XRP), Dogecoin (DOGE), and others. This follows the SEC's past caution regarding crypto ETFs, though the approval of spot Bitcoin ETFs in January 2024 has fueled speculation about potential approvals for other cryptocurrencies.

The SEC's decision on these applications will have significant implications for crypto investors, ETF issuers, and the SEC itself. Approval could increase liquidity and accessibility for altcoins, while rejection would maintain the status quo. The SEC faces pressure to balance investor protection with fostering innovation in the crypto market.

Pakistan Today reports that JUI-F senators Kamran Murtaza and Hafiz Hamdullah announced on Wednesday that JUI-F will not form a political alliance with PTI 'for now', but may coordinate on specific issues. This decision comes as PTI has been actively seeking alliances following the 2024 general elections, while JUI-F has been critical of the election results, alleging rigging.

The decision weakens PTI's ability to form a strong coalition or opposition bloc, while allowing JUI-F to maintain independence and potentially negotiate concessions from both the government and opposition. Analysts suggest the decision is driven by ideological differences, concerns about PTI's stability, and a desire to maintain JUI-F's political identity.

Decrypt reports on recent developments in the cryptocurrency market, including Bitcoin's temporary rise to $86,000 due to tariff optimism. The OM token experienced a dramatic crash, plummeting 90% in an hour, which the founder attributes to liquidations, denying any malicious intent. Grayscale suggests that high inflation could benefit cryptocurrency. Meanwhile, Metaplanet has significantly increased its Bitcoin holdings, now ranking as the 9th largest holder. Other developments include record levels of Bitcoin being drained from OTC desks, predictions of major crypto bills passing by August from Scott (current role not specified), Sweden considering Bitcoin reserves, New York considering a bill on state agencies accepting crypto, the Ethereum Foundation sharing a simplified roadmap, Solana (SOL) achieving record transaction volume and a high SOL/ETH ratio, and Binance urging the US government to ease crypto oversight.

According to Pakistan Today, the Supreme Court of Pakistan dismissed the Punjab government's petition seeking the physical remand of former Prime Minister Imran Khan. Justice Kakar stated that because one and a half years have passed since Khan's arrest, the request for physical remand is no longer valid. However, the court clarified that the Punjab government retains the option to approach the trial court for remand if deemed necessary.

This ruling occurs amidst ongoing legal battles for Imran Khan, who faces numerous charges since his removal from power. The decision is seen as a setback for the Punjab government's efforts to pursue legal action against Khan, while likely galvanizing support from PTI supporters who view the legal actions as politically motivated.

Decrypt reports that Bitcoin's price has climbed back to $86,000, achieving 64% market dominance, and MicroStrategy acquired an additional $286 million in BTC. Conversely, the U.S. dollar has hit a three-year low. In regulatory news, the SEC has delayed its decision regarding staking for Ethereum ETFs, while Canada is preparing to launch the world's first Solana ETFs this week. Other developments include a whale accumulating $26 million in ETH, ZachXBT identifying figures involved in the OM crash, and Visa joining the Paxos and Robinhood stablecoin consortium. Kraken plans to expand into stocks and ETFs, and Anchorage is under investigation by U.S. Homeland Security.

According to The Express Tribune, a new case of alleged police misconduct has emerged in Pakistan, centering on an additional SHO who was previously found guilty of framing a man in a fake case. This incident is set against a backdrop of ongoing judicial and police reform discussions, fueled by frequent reports of police brutality, corruption, and a lack of accountability. Recent reports of custodial deaths and torture have heightened public scrutiny and demands for systemic change, potentially amplifying the impact of this latest allegation. Allegations of political interference in police operations are common in Pakistan, raising questions about potential influence in this case.

Decrypt reports on recent developments in the cryptocurrency market, noting that Bitcoin initially dipped due to remarks from Jerome Powell, the current Chair of the Federal Reserve, before rebounding. Layer-1 blockchains, particularly Solana, are showing renewed strength, with SOL reaching its highest revenue since February. The Base blockchain, a Layer-2 solution, has also launched a memecoin, reflecting the ongoing interest in speculative crypto assets. Other highlights include Bitcoin's dominance reaching a four-year high and its hashrate hitting a new all-time high, alongside a pause in the 18-state lawsuit against the SEC. Gary Gensler, the current Chair of the SEC, commented that Bitcoin may be around for a long time.

The Express Tribune reports that the K-P government has asked the Peshawar High Court (PHC) to probe a recent instance of alleged custodial torture. This move underscores persistent issues of police brutality within Pakistan and marks another case in a series of investigations into such claims. The government's decision to involve the PHC suggests a possible rift with law enforcement, particularly if there's a perception of police impunity. The PHC's involvement reflects a trend of judicial intervention in response to alleged human rights abuses.

According to Decrypt, the EU's data watchdog has proposed new rules aimed at limiting the storage of personal data on blockchains, citing potential conflicts with privacy regulations like GDPR. These proposed guidelines, likely from the European Data Protection Board (EDPB) or a similar entity, are not yet legally binding but signal the direction regulators are heading. The move is prompting concerns about the impact on various sectors within the cryptocurrency ecosystem.

The implications of these guidelines are far-reaching, potentially requiring blockchain developers to incorporate privacy-enhancing technologies, imposing stricter data governance on crypto exchanges and custodians, and necessitating changes to how DeFi protocols access and process user data. While the goal is to protect personal data, there are worries that overly strict regulations could stifle innovation and hinder the EU's ability to compete in the global blockchain market.

According to The Express Tribune, the Khyber Pakhtunkhwa (K-P) assembly recently addressed the issue of inadequate internet access for students during a debate focused on a Rs55.42 billion supplementary budget. The discussions underscored the challenges posed by the digital divide in the region, particularly its impact on educational opportunities for students. The supplementary budget debate suggests potential disagreements on spending priorities within the province.

The lack of reliable internet connectivity in K-P is seen as hindering students' academic performance and future prospects, potentially exacerbating social inequalities. This situation reflects on the K-P provincial government's ability to provide essential services and tackle the digital divide, potentially leading to criticism from opposition parties and civil society.

Decrypt reports that GoMining's 'Miner Wars,' a play-to-earn game where players earn Bitcoin rewards linked to real-world Bitcoin mining, has introduced new features catering to a wider range of players. These additions aim to attract both novice and experienced gamers, potentially increasing user engagement and revenue for GoMining. GoMining, as of 2025, continues to expand its metaverse presence, exploring virtual mining opportunities and platform integrations.

However, the play-to-earn model faces increasing scrutiny from regulatory bodies, raising concerns about compliance with securities laws and consumer protection. The success of 'Miner Wars' and similar games could also indirectly increase demand for Bitcoin mining resources, impacting the broader cryptocurrency market.

According to The Express Tribune, the Khyber Pakhtunkhwa (K-P) government, under Chief Minister Mahmood Khan, is actively working to revive tourism in the province following disruptions caused by the COVID-19 pandemic. Khan has ordered the immediate reopening of the provincial tourism authority to spearhead these efforts. This initiative aligns with the easing of COVID-19 restrictions nationwide and the federal government's past emphasis on tourism as a key economic driver, although the current federal government's priorities may shift.

The revival of tourism is considered crucial for K-P's economy, potentially boosting the government's image and providing much-needed revenue and foreign exchange amid broader economic challenges in Pakistan. However, potential environmental impacts and the need for sustainable practices are also concerns.

Decrypt reports that Cantor Fitzgerald is exploring a $3 billion Bitcoin deal with SoftBank, Tether, and Bitfinex. Brandon Lutnick, currently the Head of Strategic Initiatives at Cantor Fitzgerald, is set to lead 21 Capital, a new Special Purpose Acquisition Company (SPAC) designed to capitalize on Bitcoin's growth. Cantor Fitzgerald's past involvement in crypto has primarily been offering trading and custody services, while SoftBank's crypto strategy has seen fluctuating interest. Tether and Bitfinex have faced regulatory scrutiny, and their involvement could attract further attention.

The success of 21 Capital hinges on identifying a promising Bitcoin-related business amidst a cooled-down SPAC market. This potential investment could impact Bitcoin's price and institutional adoption, while also intensifying regulatory scrutiny of the cryptocurrency industry. Brandon Lutnick's leadership will be crucial in navigating the complex landscape and managing regulatory risks.

The Express Tribune reports that Bilawal Bhutto Zardari, currently chairman of the PPP, and Akhtar Mengal, leader of BNP-Mengal, have agreed on a joint strategy to address the upcoming budget in Pakistan's National Assembly. This agreement, made within the past week, aims to influence budget allocations and priorities. Both leaders also expressed shared concerns regarding the ongoing COVID-19 pandemic and the government's response.

The collaboration between PPP and BNP-Mengal is seen as part of a broader effort by opposition parties to unite against the ruling PTI government. This alliance could strengthen their bargaining power during budget negotiations and potentially lead to increased resource allocation for Sindh and Balochistan, the constituencies represented by the PPP and BNP-Mengal, respectively.

Decrypt reports that Bitcoin's climb beyond $93,000 has investors considering the sustainability of the rally, given factors like potentially easing macroeconomic tensions and a growing money supply. The analysis emphasizes the importance of closely monitoring U.S. inflation data, as lower-than-expected figures could prompt the Federal Reserve to ease monetary policy, benefiting Bitcoin, while high inflation could trigger rate hikes, negatively impacting its price. The performance of Bitcoin ETFs is also a key indicator of institutional demand and a potential driver of further price increases.

Traders face volatility and uncertainty, requiring careful risk management. Long-term holders should remain vigilant about macroeconomic developments and regulatory changes. Bitcoin's performance is expected to influence the broader cryptocurrency market, with a sustained rally potentially lifting other cryptocurrencies and a correction potentially triggering a wider downturn.

According to The Express Tribune, the initial phase of the Hinglaj road construction project in Balochistan, Pakistan, is now complete. Approved with a budget of Rs120 million, this project aims to improve connectivity in the historically neglected province. The road development is likely part of larger infrastructure initiatives, potentially linked to the China-Pakistan Economic Corridor (CPEC), and requires coordination between federal and provincial governments.

The completion of this phase could boost the popularity of the ruling political party by demonstrating progress on development promises. Improved road access is expected to benefit the local population by facilitating trade and access to essential services, and it may also boost religious tourism to the Hinglaj Mata Mandir, an important Hindu pilgrimage site.

According to Decrypt, the SEC has initiated legal action against a crypto executive over an alleged $198 million scheme. The lawsuit centers on PGI Global's sale of "membership packages," which the SEC claims were unregistered securities. The SEC alleges that investors were pooling money with the expectation of profits derived from PGI Global's efforts, thus meeting the definition of an investment contract.

The SEC's lawsuit is part of a broader trend of increased enforcement against cryptocurrency companies and individuals. The agency has been focusing on unregistered securities offerings, fraud, and market manipulation within the crypto space. This case highlights the risks associated with investing in unregistered crypto offerings and the potential legal and financial penalties for crypto companies that fail to comply with SEC registration requirements.

According to The Express Tribune, Balochistan has collected Rs2.5 billion in revenue from its mineral sector due to the implementation of computerized weighing scales. This development is part of Balochistan's ongoing efforts to assert greater control over its resources and improve resource management. The increased revenue is expected to provide the Balochistan provincial government with greater financial autonomy, potentially enabling increased investment in development projects and strengthening its negotiating position with the federal government regarding resource revenue sharing.

However, experts caution that the effective and transparent use of these funds is crucial for benefiting the local population and mitigating potential security challenges in the mineral-rich areas, which are often affected by insurgency. Balochistan's mineral wealth, including copper, gold, and chromite, remains largely untapped due to security concerns and infrastructure limitations.

Decrypt reports that a lucky trader profited significantly from the meme coin frenzy on the Solana blockchain. By investing $170 in Troll, a meme coin created on Solana nearly a year ago, the trader realized a return of $225,000 as the coin's value skyrocketed 361,500% since December. The Solana blockchain has seen a surge in meme coin activity due to its low transaction fees and fast processing times, making it attractive for speculative trading. However, meme coins are inherently volatile, with prices driven by social media hype rather than underlying fundamentals, making them high-risk investments.

The Express Tribune reports that a parliamentary committee, led by the National Assembly Speaker, convened to discuss the multifaceted issues confronting Balochistan, highlighting the critical link between peace in the region and Pakistan's broader development. Discussions centered on addressing the long-standing insurgency by Baloch separatists, which impacts the stability needed for projects like the China-Pakistan Economic Corridor (CPEC), particularly the Gwadar Port. The committee's efforts are part of the government's ongoing initiatives to address Balochistan's grievances through development projects and amnesties, with the success of these efforts carrying significant political implications for the Pakistani government, Baloch separatist groups, and the Baloch population.

According to Decrypt, Kuwait's government is intensifying its crackdown on illegal cryptocurrency mining, issuing fresh warnings after uncovering 1,000 unauthorized mining locations. Cryptocurrency mining has been illegal in Kuwait since July 2023, a measure implemented to regulate cryptocurrency use and address concerns about energy consumption and financial stability. The discovery of these sites indicates a significant underground mining operation despite the existing ban, signaling potential enforcement challenges and a continued demand for crypto mining within the country.

According to The Express Tribune, a formal request has been made to the Punjab Inspector General of Police (IGP) to prohibit the online game PUBG. The request stems from worries that the game's violent nature encourages aggressive tendencies in young individuals. This development occurs within a broader context of political and social apprehension in Pakistan concerning the influence of technology, particularly online gaming and social media, on the nation's youth.

This isn't the first instance of PUBG facing potential bans in Pakistan; previous bans were later lifted after appeals from developers who pledged to address concerns. The Punjab government's decision will need to balance the concerns of conservative groups with the potential backlash from the youth and gaming community, while also considering the economic impact on game developers.

Decrypt reports that Bitcoin experienced a modest price increase after comments from a U.S. Treasury official, Bessent, hinted at a possible reduction in trade tensions between the U.S. and China. This positive market response stems from the president's statement that tariffs on China "will come down substantially." The expectation of reduced tariffs is driving investor confidence and a greater willingness to invest in riskier assets like Bitcoin, although the specifics of the tariff reductions remain unclear.

Historically, trade disputes between the U.S. and China have impacted cryptocurrency markets. Easing these tensions could lead to a more stable economic outlook, benefiting assets like Bitcoin. However, the actual implementation of reduced tariffs and sustained improvement in U.S.-China relations are crucial for maintaining this positive trend.

According to The Express Tribune, a woman in Pakistan died by suicide with her two daughters because her husband intended to marry them off against their wishes. This tragic event has intensified discussions surrounding the enforcement of child marriage restraint laws and the broader movement advocating for stronger legal protections for women and girls in Pakistan. The incident is likely to be politicized, with parties advocating for women's rights using it to push for stricter legislation, while religious conservative parties may face scrutiny regarding their stance on child marriage.

Decrypt reports that Metaplanet is aggressively accumulating Bitcoin, having surpassed 5,000 BTC in holdings after acquiring 1,650 coins in April 2025. This puts them halfway to their stated goal of 10,000 BTC. Metaplanet's strategy mirrors that of MicroStrategy, which involves using corporate treasury to accumulate Bitcoin as a primary reserve asset. The company's actions could influence other Japanese firms to consider Bitcoin as a treasury asset, potentially impacting Bitcoin's market dynamics by reducing available supply.

According to The Express Tribune, an illegal market for plasma sales is flourishing in Lahore, Pakistan. This development follows the reported success of the first COVID-19 patient recovery through trial plasma treatment last month, creating a demand that the formal healthcare system isn't meeting. The situation highlights potential weaknesses in the government's COVID-19 response, particularly regarding healthcare regulation and the availability of legitimate treatment options.

The illegal plasma trade is likely driven by economic hardship, with individuals potentially selling plasma out of desperation. This situation raises concerns about corruption, lack of regulatory oversight, and the exploitation of vulnerable citizens seeking income and healthcare. The government's (led by the PTI) credibility in handling the pandemic and regulating healthcare could be damaged, providing ammunition for opposition parties.

According to CoinDesk, hedge funds are increasingly adopting on-chain strategies, signaling a move beyond passive cryptocurrency investments. This trend, referred to as the 'indexification' of active strategies, involves hedge funds actively managing portfolios on-chain, employing strategies like arbitrage and market making through Decentralized Finance (DeFi) protocols. Miguel Kudry, likely associated with L1 Capital, observes this expansion of crypto's influence into the core of traditional asset management.

The increasing hedge fund activity is facilitated by the tokenization of traditional assets and the maturation of DeFi infrastructure. However, the evolving regulatory landscape surrounding cryptocurrencies and DeFi remains a key factor influencing adoption, with uncertainty and potential compliance challenges still present.

According to The Express Tribune, Faraz died in Karachi this week after losing control of his car while shooting a TikTok video, resulting in a collision with a tree. The accident, attributed to speeding, has reignited discussions regarding traffic law enforcement and the potential regulation of social media platforms like TikTok in Pakistan. The Sindh government, currently led by the Pakistan Peoples Party (PPP), may face increased pressure to address road safety concerns following the incident.

According to CoinDesk, the Securities and Exchange Commission (SEC) has charged Ramil Palafox, the founder of PGI Global, with fraud in connection with an alleged $200 million cryptocurrency Ponzi scheme. The SEC claims that Palafox misappropriated more than $57 million of customer funds, using the money to purchase luxury items such as Lamborghinis. This case is part of the SEC's increased scrutiny of crypto investment schemes, highlighting the risks associated with unregulated cryptocurrency platforms.

The allegations against Palafox and PGI Global could further damage the cryptocurrency industry's reputation, potentially leading to increased regulatory pressure. The SEC's pursuit of this case underscores the challenges regulatory bodies face in policing the rapidly evolving cryptocurrency market and the need for greater resources to combat financial crimes in the digital asset space.

According to The Express Tribune, Sindh province is grappling with a surge in COVID-19 cases, reporting 2,179 new diagnoses. Chief Minister Murad Ali Shah stated that the province's daily testing capacity has been stretched to its limit of 12,000 tests. This development unfolds against a backdrop of existing political friction between the Sindh government, led by the Pakistan Peoples Party (PPP), and the federal government.

Furthermore, the rise in cases coincides with upcoming local government elections in Sindh, a key political battleground where the PPP aims to maintain its dominance. The increased infection rate could impact voter turnout and potentially influence the political landscape, adding pressure on the Sindh government to effectively manage the outbreak.

NewsBTC reports that Bitcoin is showing signs of stability above the $93,200 mark, after a recent surge. The cryptocurrency is consolidating gains and could potentially move higher if it breaks through the $94,650 resistance. Currently, Bitcoin is trading above $91,500, supported by a bullish trend line near $92,000.

However, if Bitcoin fails to overcome the $94,000 resistance, a downside correction is possible, with immediate support around $93,000 and major support near $92,000. Technical indicators suggest a slight weakening in bullish momentum, but the RSI remains above 50, indicating a relatively balanced market.

According to The Express Tribune, Pakistani police have arrested an alleged 'hitman' linked to MQM-London, a splinter group of the Muttahida Qaumi Movement (MQM), for purportedly committing over 100 murders. This apprehension is part of a broader crackdown by Pakistani law enforcement targeting suspected members and operatives of MQM-London, a faction operating from London and frequently accused of violence and criminal activity in Karachi. The MQM has fragmented since its founder, Altaf Hussain, left Pakistan, and this arrest could intensify rivalries among the factions vying for political influence in Karachi.

The arrest highlights the persistent security challenges in Karachi, historically plagued by political violence and gang activity. While this may bring some relief to Karachi residents, it also raises concerns about potential retaliatory violence. A successful prosecution could boost the government's credibility, but failure could undermine it. The term 'hitman' implies a pre-determined guilt, which should be proven in court and the claim of involvement in 'over 100 murders' is an allegation made by the police and needs to be substantiated with evidence in a court of law.

NewsBTC reports that Ethereum (ETH) is currently consolidating gains after a fresh surge that took it above the $1,750 resistance level. As of April 24, 2025, ETH is trading above $1,720 and the 100-hourly Simple Moving Average, with a bullish trend line forming support at $1,780. The cryptocurrency faces immediate resistance near $1,820 and $1,840, with potential for further gains towards $1,920 and even $2,000 if these levels are cleared.

However, failure to break through the $1,820 resistance could lead to a decline, with initial support at $1,780 and major support around $1,740. A break below this support could push the price towards $1,700 or even $1,665. Technical indicators show the Hourly MACD losing momentum in the bullish zone, while the Hourly RSI remains above 50, suggesting a mixed outlook. Traders are closely monitoring these levels for potential entry and exit points.

According to The Express Tribune, the Sindh Health Department is initiating a program to test staff in public hospitals throughout Sindh, Pakistan, and will restart contact tracing for coronavirus. This decision reflects a renewed focus on managing the COVID-19 pandemic, potentially in response to a recent surge in cases or the emergence of a new variant. The initiative is part of the Sindh provincial government's health policy and aims to reassure the public about the safety and reliability of public hospitals.

The testing program's implementation and effectiveness will be closely watched by the public, healthcare workers, and opposition parties. Success could boost public confidence in the Sindh government, while any perceived failures could lead to criticism. The program's scope, including the specific hospitals involved and the methods of contact tracing employed, remains to be clarified.

According to NewsBTC, market analyst Kevin recently discussed the potential for Dogecoin to reach $3, a question frequently asked by retail investors. Kevin believes that Dogecoin's rise to $3 is possible, but contingent on the Federal Reserve implementing expected rate cuts in June and July, and Bitcoin reaching between $220,000 and $250,000. He also noted Dogecoin's historical tendency to reach the 1.618 Fibonacci extension level, currently at $3.94, during bull markets.

Kevin cautioned that a weaker Bitcoin performance, in the $120,000 to $130,000 range, would likely limit Dogecoin's upside to around its previous all-time highs or $1. He advises investors to focus on market sentiment and take profits when indicators are overheated, rather than fixating on specific price targets. The analyst also pointed to his own past actions, such as trimming spot holdings in December 2024, as an example of disciplined risk reduction.

According to The Express Tribune, the Supreme Court of Pakistan has ruled in favor of widows' job rights, striking down remarriage clauses as discriminatory. The court's decision is rooted in constitutional guarantees of equality and non-discrimination, reinforcing the judiciary's role as a protector of fundamental rights. This ruling is expected to strengthen the legal rights and economic security of widows, potentially improving their social standing and reducing vulnerability, while also setting a precedent for challenging discriminatory practices based on marital status.

According to Bitcoin Magazine, SoftBank, Tether, and Cantor Fitzgerald are in talks to establish a $3 billion public vehicle focused on a Bitcoin treasury strategy. The proposed investment could signal growing institutional acceptance of Bitcoin as a legitimate asset. However, the deal is still under discussion, and the specific structure and terms of the agreement remain uncertain. The creation of such a large Bitcoin treasury could attract regulatory scrutiny.

As reported by *The New York Times*, a list detailing five accomplishments by Elon Musk during his tenure working alongside Donald Trump within the Department of Government Efficiency (DOGE) has surfaced. This comes after DOGE mandated that all federal employees submit a weekly list of five accomplishments. Musk, who serves as a senior advisor to President Trump and de facto head of DOGE, has faced scrutiny for his increasing political involvement and support of far-right figures.

According to The Express Tribune, a Pakistani court has denied a request for the physical remand of Imran Khan, who served as Prime Minister of Pakistan from 2018 to April 2022. The request was made in connection to ongoing legal cases against Khan, who is currently facing numerous charges since his removal from power. A Supreme Court judge raised concerns about the significant delay of one and a half years in submitting the remand request, potentially impacting the case's proceedings.

The rejection is viewed as a temporary win for Khan and his party, Pakistan Tehreek-e-Insaf (PTI), preventing further interrogation. However, the underlying case continues, and the delay questioned by the judge could have future repercussions. This development occurs amid heightened tensions between PTI and the judiciary, with PTI alleging bias, and contributes to the already polarized political landscape in Pakistan.

Bitcoin Magazine reports that Jack Mallers, currently the CEO of Strike, will now also lead Twenty One Capital as CEO. This new venture, supported by investments from Tether and SoftBank, intends to become a publicly traded company through a Special Purpose Acquisition Company (SPAC) merger. Twenty One Capital is set to launch with a significant Bitcoin holding of 42,000 BTC, positioning it as a major player in the cryptocurrency space.

The launch of Twenty One Capital with such a large Bitcoin reserve could signal growing institutional confidence in Bitcoin. Mallers' dual role at Strike and Twenty One Capital raises questions about the future direction of Strike. Tether's investment reinforces its commitment to the Bitcoin ecosystem, while investors in the SPAC will need to carefully assess the risks and potential rewards of the deal.

According to *The New York Times*, Elon Musk, who currently serves as a senior advisor to President Donald Trump and de facto head of the Department of Government Efficiency (DOGE), is reducing his direct engagement in Washington. Despite this shift, DOGE remains active, and Musk continues to support DOGE cryptocurrency. While the department has reportedly made a notable impact on government operations, it has yet to realize Musk's ambitious goal of cutting $1 trillion in government spending.

Musk's backing away from direct government involvement could have implications for potential collaborations on infrastructure and technology initiatives, as well as for proponents of government efficiency who may see his reduced engagement as a sign that radical reform is difficult to achieve. His continued support for DOGE cryptocurrency, however, reinforces its visibility and legitimacy within the cryptocurrency market.

According to The Express Tribune, Pakistan's stock market is facing increased volatility, with the KSE-100 index plummeting by 1.02% during intra-day trading. This decline is attributed to heightened regional tensions, particularly in light of recent cross-border strikes between Pakistan and Iran. The market's instability is further compounded by the upcoming general elections, which create political uncertainty, and ongoing negotiations with the IMF for continued financial assistance.

Analysts suggest the market's reaction is a combination of these factors, requiring a clear and credible economic plan to restore investor confidence. The current caretaker government's ability to maintain economic stability is being questioned, while the incoming government will face the challenge of stabilizing the market. The military establishment may also face pressure to ensure a smooth transition of power amidst economic uncertainty.

Bitcoin Magazine reports that Russia's Finance Ministry and Central Bank are developing a new cryptocurrency exchange under an experimental legal regime. The exchange will initially cater exclusively to 'super-qualified investors,' with potential modifications to access criteria under consideration. This initiative reflects Russia's evolving stance on cryptocurrency, particularly in light of Western sanctions, and aims to establish a regulated framework for managing crypto flows.

The exchange could potentially help Russia attract capital and facilitate international trade, but limiting access to elite investors may restrict its broader economic impact. For qualified Russian investors, it offers a regulated platform for crypto trading, while globally, it could increase crypto legitimacy. However, concerns remain about potential sanctions evasion, which the focus on 'super-qualified investors' may attempt to mitigate.

According to Teslarati, Tesla shared a glimpse of its Optimus pilot production line located at the Fremont factory during its Q1 2025 update. The company stated that its production timeline for the Optimus humanoid robot remains on track, with the goal of producing robots capable of performing useful work in the near future. This pilot production line represents a step towards realizing Tesla's ambitions in robotics, building upon previous AI Day demonstrations of Optimus prototypes.

The development of Optimus is part of Tesla's broader AI strategy, leveraging its expertise in neural networks and robotics. While the definition of 'useful work' and the specific timeline remain somewhat vague, the company aims to automate tasks in manufacturing, logistics, and other industries. Tesla faces competition from other companies developing humanoid robots, such as Boston Dynamics and Agility Robotics.

According to BBC, President Donald Trump hinted at a potential softening of tariffs on China, a shift that comes amid an ongoing trade war between the two countries. Trump's statement suggests a possible change in his administration's approach to trade negotiations with Beijing. The President also stated that he currently has no plans to remove the head of the Federal Reserve, a statement that follows his past criticisms of the central bank's monetary policy.

These remarks are significant given the current economic climate and the upcoming presidential election. Any adjustments to trade policy or the relationship with the Federal Reserve could have implications for U.S. businesses, the Chinese government, and the overall stability of the financial system.

According to Dawn News, a Pakistani astronaut will be part of a future mission to China's Tiangong space station, as confirmed by the China Manned Space Agency (CMSA) on Wednesday. This development follows a bilateral agreement signed between China and Pakistan in late February 2025. The selection process for two Pakistani astronauts has commenced, with one ultimately joining the mission as a payload specialist to conduct scientific experiments for Pakistan.

The announcement coincided with China's confirmation of the Shenzhou-20 mission, launching on Thursday, April 25th, led by veteran astronaut Chen Dong, along with first-time fliers Chen Zhongrui and Wang Jie. The current crew aboard Tiangong is scheduled to return to Earth on April 29th after handover procedures. China has been excluded from the International Space Station since 2011 due to US restrictions, leading them to seek partnerships with countries like Pakistan.

According to CoinDesk, SOL Strategies has obtained a credit facility that could reach $500 million, with the intention of purchasing more Solana (SOL) and growing its Solana validator business. This move suggests a significant investment in the Solana network and reflects increasing institutional confidence in the cryptocurrency. The expansion of the validator business aims to bolster the network's security and stability by increasing the number of nodes validating transactions. This could also positively influence the price of SOL, although broader market conditions will also play a role.

According to Teslarati, Tesla is currently experiencing significant success in the Japanese electric vehicle market, surpassing local EV brands in sales. The surge in popularity of imported EVs, particularly those from Tesla and BYD, has led to imports capturing around 75% of the total EV sales in Japan. This development puts pressure on Japanese automakers to accelerate their own EV development and production to remain competitive. Past events show that Japan has historically lagged in EV adoption, but government incentives and the entry of companies like BYD are changing the landscape.

Donald Trump "highly values Africa and African people", says his African envoy, Massad Boulos.

According to Dawn News, Prime Minister Shehbaz Sharif has formed a high-level committee, headed by current Finance Minister Muhammad Aurangzeb, to improve government performance across various state institutions and federal ministries. This initiative follows Sharif's return from Turkiye and his condemnation of a recent terrorist attack on a polio vaccination team. The committee is expected to implement a performance-based review system, similar to one already in place at the Federal Board of Revenue (FBR), and will devise both short- and long-term performance plans, submitting a report to the Prime Minister within 30 days.

Prime Minister Sharif, upon returning from his two-day official visit to Turkiye on Wednesday, also expressed concern over news of an earthquake in Turkiye and condemned a terrorist attack on a polio vaccination team in Mastung. He affirmed Pakistan's readiness to assist Turkiye and reiterated the government's commitment to eradicating polio, emphasizing that such attacks will not deter their efforts.

According to CoinDesk, Citrea has launched its Clementine Bridge on the Bitcoin testnet. The Clementine Bridge utilizes BitVM2, a programming language designed to enable more complex smart contracts on Bitcoin without altering the Bitcoin consensus rules. This deployment is intended to tackle the 'collateral bottleneck,' which refers to the difficulties in using Bitcoin within DeFi due to its limited smart contract capabilities. Current bridging solutions often involve wrapped BTC or centralized custodians, introducing potential risks.

If successful, the Clementine Bridge could unlock new opportunities for Bitcoin holders to participate in DeFi activities and earn yield without selling their BTC. This could also attract more developers to build on the Bitcoin ecosystem, potentially increasing Bitcoin network utilization and transaction fees. The bridge is currently in the testing phase, and its performance and security are still under evaluation.

According to Teslarati, Tesla's first quarter 2025 earnings report indicates a strong financial standing with $37 billion in cash, cash equivalents, and investments. This robust reserve is expected to fuel Tesla's ambitious plans, including the Cybertruck production ramp-up and continued expansion of its Supercharger network.

Investors are keenly observing how Tesla will deploy this capital, particularly in areas like new factory construction, research and development, and potential strategic acquisitions. Competitors are also analyzing the report to understand Tesla's competitive advantages and potential threats in the electric vehicle market, while consumers may benefit from further price reductions or innovative product developments enabled by Tesla's financial health.

According to BBC, Elon Musk plans to decrease his time spent on matters related to the administration of Donald Trump, the current U.S. President. Musk's decision to reduce his role to just one or two days per week comes after a significant drop in profits for his electric vehicle company, Tesla. The specific nature of Musk's involvement with the Trump administration was not detailed.

According to Dawn, a new polio case has been confirmed in Pakistan's Khyber Pakhtunkhwa province, specifically in the Torghar district. This marks the seventh polio case in the country this year and the second from KP. The confirmation comes as the second nationwide polio vaccination campaign of the year is underway, running from April 21 to 27, with the goal of vaccinating 45.4 million children under the age of five. Another campaign is scheduled from May 26 to June 1, and Torghar district is included in both vaccination drives.

Health officials are urging parents to ensure their children receive repeated doses of the polio vaccine, emphasizing that vaccination is the most effective way to protect against the disease. Pakistan and Afghanistan remain the only countries still reporting polio cases. The ongoing vaccination campaign is considered a critical opportunity to safeguard children against the virus, which can cause paralysis or death.

CoinDesk reports that the TRUMP meme coin experienced a 70% price increase following the announcement of a dinner event for top TRUMP token holders. This surge comes after $300 million worth of TRUMP tokens were unlocked last week, substantially increasing the circulating supply and potentially contributing to the price volatility. The event's details, including the purpose and extent of Donald Trump's involvement, remain unclear, as do the specific criteria for being considered a 'top token holder'.

The rise in value highlights the influence of political figures on the cryptocurrency market, particularly within the meme coin sector. However, the increased token supply and the inherent volatility of meme coins present risks for investors. The situation may also prompt increased regulatory scrutiny of politically themed crypto assets.

According to Teslarati, Elon Musk, the current CEO of Tesla, has announced plans to significantly decrease his involvement with Dogecoin. Musk indicated that this reduction in time commitment would likely occur after the end of Donald Trump's term, should Trump win the 2024 election. The decision is driven by a need to dedicate more attention to Tesla's ongoing projects, including ramping up production, developing new technologies like the Optimus robot, and expanding energy storage solutions.

This announcement follows a history of Dogecoin's price being heavily influenced by Musk's public statements. The anticipated reduction in his involvement could lead to price fluctuations and a potential shift towards a more community-driven development model for the cryptocurrency. Conversely, Tesla investors may view this as a positive development, signaling a stronger focus on the company's core business and strategic objectives.

According to the BBC, the United States is increasing its efforts to bring an end to the conflict in Ukraine. However, the proposals currently being presented by President Donald Trump's administration are reported to have major gaps. While negotiations are progressing, the likelihood of a successful resolution remains uncertain.

The initiative faces challenges due to divisions within the US Congress regarding aid to Ukraine, the ongoing battlefield developments, and fundamental disagreements between Ukraine and Russia, particularly concerning territorial integrity. The proposals from Trump's team are not yet fully defined, making it difficult to assess their potential impact.

According to Dawn, a decade after the assassination of social activist Sabeen Mahmud in Karachi, her family has chosen to focus on continuing her work rather than seeking legal recourse. Sabeen Mahmud was killed on April 24, 2015, after hosting a seminar on Balochistan disappearances at her cultural space, T2F. While a military court sentenced five militants to death in 2016 for the murder, the verdict remains unimplemented.

Mahenaz Mahmud, Sabeen's mother, who was also wounded in the attack, explained that she decided to dedicate her time to serving people through mental health initiatives and working with women prisoners, rather than solely pursuing justice for her daughter. Legal appeals filed by the convicted militants are still pending adjudication at the Sindh High Court.

According to CoinDesk, Ethereum developers are considering replacing the EVM with RISC-V, an open-source instruction set architecture, to potentially improve performance and flexibility. This exploration comes amid other developments in the Ethereum ecosystem. Matter Labs, the company behind zkSync, is facing a lawsuit (details of which require further investigation). Scroll is implementing its Euclid upgrade, and EigenLayer has introduced a 'slashing' feature, which penalizes malicious stakers by reducing their staked assets.

Teslarati reports that Tesla anticipates minimal impact from potential auto tariffs, according to Elon Musk, who remains CEO of the company as of April 2025. Musk attributes this resilience to Tesla's high percentage (85%) of USMCA-compliant vehicles in its U.S. lineup and its strategy of localized supply chains. The USMCA, which replaced NAFTA in 2020, requires a higher percentage of vehicle content to be produced within the USMCA region for tariff-free trade.

This positioning potentially gives Tesla a competitive edge over automakers more reliant on imported components, should tariffs be implemented. Past consideration of auto tariffs by Donald Trump during his presidency, though never fully enacted, influenced automakers to consider domestic production and sourcing within the USMCA region.

The BBC reports that Donald Trump, the current President of the United States, has voiced criticism of Volodymyr Zelensky's firm stance against relinquishing Ukraine's claim to the Crimean Peninsula. Zelensky has consistently rejected any suggestion of ceding the territory to Russia, a position that has now drawn Trump's disapproval. This criticism comes amid ongoing tensions in the region and international efforts to resolve the conflict.

According to Dawn News, the Supreme Court of Pakistan, led by Acting Chief Justice Syed Mansoor Ali Shah, ruled this Wednesday that widows' rights are constitutionally and legally protected entitlements, not acts of state generosity. The ruling came during an appeal against a 2022 Lahore High Court judgement, involving a widow whose employment was terminated after she remarried, based on a policy that the court deemed discriminatory. Justice Shah, who currently serves on the Supreme Court, emphasized that policies making employment contingent on marital status penalize women and reinforce outdated social hierarchies, stressing the importance of equal opportunities and protection for widows.

CoinDesk reports that Metaplanet, a Japanese company, has expanded its Bitcoin treasury, now holding 5,000 BTC. This accumulation is part of a strategy mirroring MicroStrategy's approach of using Bitcoin as a primary reserve asset to hedge against Yen devaluation. Metaplanet's Bitcoin holdings have reportedly yielded a 121.1% increase in value year-to-date in 2024. This move could encourage other Japanese firms to adopt Bitcoin as a treasury asset, potentially impacting both Metaplanet's stock price and the broader Bitcoin market.

According to Teslarati, Wedbush analyst Dan Ives has raised Tesla's (TSLA) price target following Elon Musk's statement about decreasing his work on Dogecoin. Ives considers this a potential "turning point" for Tesla, as concerns about Musk, who is currently the CEO of Tesla and X, dividing his attention between various ventures have previously impacted Tesla's stock performance. The analyst's revised outlook suggests increased investor confidence due to a perceived renewed focus by Musk on Tesla's core business.

According to Al Jazeera, the funeral of Pope Francis will be attended by prominent figures including Donald Trump, who currently serves as the 47th President of the United States, and the UN chief. The gathering highlights the global significance of the Catholic Church and the late Pope's influence. The funeral marks a moment of transition for the Church, potentially influencing the selection of the next Pope and its future direction.

Trump's presence offers him an opportunity to project statesmanship and appeal to religious conservatives, a key Republican constituency. The event also provides a venue for informal diplomatic discussions among world leaders, potentially impacting international relations.

According to Dawn News, the Punjab government has affirmed that the canal project on the Indus River remains under consideration, despite ongoing controversy and objections from Sindh. Punjab Information Minister Azma Bokhari stated that Punjab is sovereign in utilizing its resources and Sindh has no right to object to Punjab’s development projects. She clarified that the project would only use excess floodwater to benefit farmers and promote agricultural development. Sindh's chief minister claimed earlier in the week that the project had been halted since July 2024, but Bokhari denies any construction has begun and that consensus-building efforts are underway. Senator Irfan Siddiqui of PML-N stated that the alliance between PML-N and PPP would remain unaffected.

According to CoinDesk, Dubai's Virtual Asset Regulatory Authority (VARA) has cautioned against companies falsely asserting participation in its real estate tokenization pilot program. VARA, which was established in March 2022 to regulate virtual assets in Dubai, aims to foster a secure and transparent environment for virtual asset businesses and investors. The regulator did not disclose the identities of the firms making these unauthorized claims.

The warning highlights the need for investors to exercise caution and conduct thorough due diligence before investing in real estate tokenization projects. It also underscores the importance of VARA actively monitoring and enforcing its regulations to prevent fraudulent activities and maintain the integrity of its initiatives as Dubai positions itself as a crypto hub.

The Guardian reports on how Tesla owners can protect their data and privacy, given the extensive data collection capabilities of the vehicles. Features like Summon, Autopilot, and Sentry Mode rely on sensors and trackers that can create a detailed picture of a driver's life. The article serves as a guide for Tesla owners to navigate their online privacy and opt out of surveillance, offering tips on how to limit data collection within their vehicles.

According to Al Jazeera Politics, Donald Trump, who currently serves as the 47th President of the United States, has accused Ukrainian President Volodymyr Zelenskyy of hindering peace negotiations with Russia through inflammatory statements. Trump asserts that a peace agreement is near. These remarks come amid ongoing, albeit stalled, peace talks between Russia and Ukraine since the initial invasion in February 2022. Trump's statement could influence future US aid decisions to Ukraine and potentially weaken Ukraine's negotiating position.

According to Dawn News, Pakistan's national fertilizer supply chain is facing major disruptions due to ongoing protests and road blockades in Sindh, particularly in the Sukkur-Larkana division. These blockades, which have persisted for a week, are stranding thousands of trucks and halting industrial operations, causing alarm among government officials and the business community. The disruption is occurring during the critical Kharif season, which relies on timely access to urea for crops like cotton, sugarcane, and rice.

The Ministry of National Food Security and Research (MNFSR) has communicated its concerns to Asif Hyder Shah, the Sindh Chief Secretary, about the potential impact on national food security if urea and DAP fertilizers are not available. Fertilizer manufacturers, including Fauji Fertiliser and Engro Fertilisers, are experiencing significant strain, with hundreds of trucks laden with fertilizer stranded. M. Abdul Aleem, secretary general of the Overseas Investors Chambers of Commerce Industry (OICCI), notes that over 3,500 vehicles are stranded near Sukkur, affecting export consignments, perishable items, and critical industrial inputs. Khalid Tawab, regional chairman of the United Business Group (UBG), has appealed to Prime Minister Shehbaz Sharif to intervene and resolve the protests.

According to NewsBTC, Ethereum has broken through a key technical resistance level, surpassing $1,800 and indicating a resurgence of bullish momentum. This breakout suggests a possible shift in trend after weeks of uncertainty, with investors now aiming for the $2,000 mark. On-chain indicators from IntoTheBlock show that Ethereum's market cap increased by 12% in the last 24 hours, pointing to renewed investor interest. The largest concentration of potential selling pressure is near $1,860, but analysts believe this level could be overcome if the current momentum continues.

Ethereum is showing strength after breaking above both the 4-hour 200 MA and EMA, a technical breakout not seen since January 2025. The immediate challenge is maintaining the $1,750 level, where both moving averages converge. A successful hold above this level would further validate the breakout and pave the way for a test of the $2,000 psychological barrier. However, failure to maintain this position could lead to a consolidation phase between $1,700 and $1,850.

The Guardian reports that Elon Musk, the Tesla CEO and current senior advisor to President Trump as well as de facto head of the Department of Government Efficiency (DOGE), announced he will be scaling back his White House duties beginning in May. Musk stated on an investor call that his work to improve the government's finances is largely complete, reducing his commitment to one or two days per week.

This announcement comes as Tesla reported a significant decline in both profits and revenues for the first quarter of 2025. Analysts suggest that the backlash against Musk's political role in the White House may be contributing to a branding crisis for Tesla, impacting its financial performance.

According to Al Jazeera Politics, the Trump administration is reportedly weighing a reduction in tariffs on goods imported from China as a means of easing current tensions. These tariffs were initially put in place during Donald Trump's first term as president. This potential move comes as the administration navigates ongoing trade negotiations between the U.S. and China, and amid internal debates regarding the best approach to trade policy with China.

The decision could have significant political and economic implications, potentially easing inflation for American consumers and improving U.S.-China relations. However, it could also draw criticism from Republicans who may view it as being soft on China and prioritizing short-term economic gains over long-term national security.

Dawn News reports that a fatal accident occurred in Karachi’s Gulshan-i-Hadeed where a water tanker struck a van, resulting in the death of an infant and injuries to seven individuals, including six women. The incident, which took place near Aljannat marriage hall, is under investigation by Steel Town SHO Alan Khan Abbasi, who stated that the driver has been arrested and the tanker seized. The injured and the deceased were taken to Jinnah Postgraduate Medical Centre, where two women are in critical condition.

In a separate incident, police in New Karachi arrested a man, Bilal Siraj, and his daughter, Shumaila, for allegedly using the daughter to snatch a motorcycle at gunpoint. Central SSP Zeeshan Shafiq Siddiqi stated that the arrest was made possible with the help of CCTV footage.

According to NewsBTC, Ethereum's price action indicates a possible major upward move by the end of 2025, potentially reaching $4,000. Despite bearish trends throughout 2025, Ethereum is nearing a support level that could trigger a significant bounce. Technical analysis identifies key price targets of $2,507, $3,708, and ultimately beyond $4,500 on its path to a new all-time high.

The analysis highlights a high-demand zone around $1,629, which previously triggered a bullish reversal in 2023. Ethereum's current price of $1,795 reflects a recent increase, influenced by positive sentiment in the broader cryptocurrency market. However, the article incorrectly states that Bitcoin broke $90,000; it has recently surpassed $70,000.

According to Al Jazeera Politics, President Donald Trump indicated that trade talks with China are ongoing, stating "everything's active." This announcement arrives amidst a backdrop of complex US-China trade relations, including previous tariffs imposed by Trump's administration and China's retaliatory measures. Trump's statement could signal a potential shift in his administration's approach to trade negotiations, especially considering the current economic pressures and the upcoming US presidential election.

According to Dawn News, the World Bank has adjusted its economic growth forecast for Pakistan to 2.7% for the current fiscal year, a slight decrease from its previous projection of 2.8%. While the bank acknowledges signs of economic stabilization, it cites ongoing limitations due to stringent monetary and fiscal policies. The World Bank anticipates growth to improve to 3.1% in FY26 and 3.4% in FY27, but warns of downside risks, including elevated debt levels, policy uncertainties, and exposure to climatic shocks.

The World Bank emphasizes that Pakistan's key challenge is transforming stabilization gains into sustainable economic growth that supports poverty reduction. Najy Benhassine, the World Bank’s Country Director for Pakistan, advocates for high-impact reforms, including an efficient tax system, a market-determined exchange rate, and improvements to the business environment. The bank also highlights the need for structural reforms to leverage private capital and enhance digital infrastructure.

According to NewsBTC, XRP experienced a fresh increase, trading above $2.20 before facing resistance at $2.299 and undergoing a downside correction. Technical indicators suggest potential support at $2.180 and $2.150, while resistance lies at $2.220 and $2.450. The analysis relies on hourly chart data from Kraken, noting that a break below $2.180 could lead to further declines, while clearing $2.220 could trigger a rally towards $2.30 or higher.

The article highlights the importance of monitoring these key levels for traders and investors, emphasizing the potential for both upside and downside movements. The analysis uses technical indicators like Simple Moving Averages, Fibonacci retracement levels, MACD, and RSI to predict short-term price movements, suggesting that technical trading significantly influences XRP's price.

According to Al Jazeera, President Donald Trump has indicated that the reduction of tariffs depends on China's actions, amidst a backdrop of U.S. states filing lawsuits related to the trade war. This development occurs as Wall Street experiences a rally for the second consecutive day, fueled by optimism regarding a potential easing of trade tensions between the world's two largest economies. The trade war, initiated during Trump's presidency, has seen the imposition of tariffs on numerous countries, including China, Canada, and Mexico.

According to Dawn News, agricultural tensions are escalating in Punjab, Pakistan, as farmers, led by Pakistan Kisan Ittehad President Khalid Khokhar, express dissatisfaction with the government's wheat procurement policies and reject its incentive package. Khokhar criticized the government's handling of the agricultural crisis and announced a protest measure to cultivate less wheat next year. In response, Punjab Minister for Agriculture Syed Ashiq Hussain Kirmani and Information Minister Azma Bukhari defended the government's initiatives, highlighting record budget allocations, subsidies, and interest-free agricultural loans through the "Kissan Card," as well as mandating private sector wheat procurement.

According to NewsBTC, Dogecoin (DOGE) has started correcting gains after a recent upward move that saw it climb above the $0.1700 and $0.1800 resistance levels, reaching a high of $0.1852. The price is now trading above $0.1700 and the 100-hourly simple moving average, with potential support around $0.1650. A break below this support level could lead to further declines towards $0.1550 or even $0.1450.

Conversely, if DOGE fails to decline and climbs above $0.1800, it could initiate a fresh increase, potentially targeting resistance levels at $0.1850, $0.1920, $0.1980, and ultimately $0.200. Technical indicators, such as the hourly MACD and RSI, suggest a loss of bullish momentum, with major support levels at $0.1705 and $0.1650, and major resistance levels at $0.1800 and $0.1850.