Crypto fatwa narrative collides with Pakistan’s new Virtual Assets Act framework
Key details of the ruling are missing from the provided packet, but extracted claims point to Sharia compliance as a licensing requirement.
Key details of the ruling are missing from the provided packet, but extracted claims point to Sharia compliance as a licensing requirement.
The post offered no transaction details, leaving the $216 million figure unattributed in the provided excerpt.
Negotiators are adding about 70 pages, yet the text is still described as not vote-ready ahead of late-July floor rumors.
The bank says clearer messaging on BTC-backed STRC could curb “wholesale selling” fears after a disclosed $216M BTC sale.
The statement lands as the same alert warns ongoing U.S.-Iran attacks are raising security concerns on the oil chokepoint.
Ethereum held above $1,800 for three days, with $1,778 framed as the key close for a $2,000 test.
Back framed the OP_RETURN fight as an architecture misunderstanding as a July 4 snapshot showed 10 of 2,016 blocks signaling.
The contraction was concentrated in USDT and USDC even as regulated rivals USDG and USDGO expanded.
The push comes as new licensing and bank-account access for regulated VASPs starts to take effect.
His model shows cycle-low-style drawdown signals, but he expects months of chop without a liquidity catalyst.
Ethereum ETF net inflows exceed $128M MTD, but BTC dominance rising toward 60% complicates the rotation read.
The model ranks ETH near the low end of PoS energy intensity at ~33 kWh per $1M of market value, behind BNB Chain.
Traders are mapping $0.0000028 as the support flip and $0.00000314 as the 4H breakout trigger.
ENA rebounded from $0.072 to about $0.082, putting $0.105–$0.125 resistance and $0.08 support at the center of the setup.
With oil markets shut for the weekend, Monday’s crude reopen is the key cross-asset test for the muted crypto reaction.
July 9 was the lone outflow day at -$52.08M as ETH tagged $1,748, while CoinGlass showed a 0.946 long/short ratio.
Volume jumped to about $124M and open interest rose to $70.33M as price pressed into $0.65 resistance.
The burn was framed as 6.3% of circulating supply, but a daily RSI bearish divergence complicates the $2.70 breakout setup.
Three straight sessions of inflows follow roughly $8B of net redemptions, with $60K–$63K support and $77K resistance in focus.
Spot volume fell 52% and derivatives open interest dropped to $20.96M as funding drifted near neutral.