Stablecoin yields not being overly high suggests the market hasn’t reached a “major top” and Ether may reach $3,200 in the near term, according to Santiment. Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment. “Currently, yields are low, around 4%. This indicates the market has not reached a major top and could still push higher,” Santiment said in a report on Saturday, forecasting that Ether (ETH) could revisit its $3,200 resistance level soon. This represents an approximate 6.7% increase from its price of $2,991 at the time of publication according to CoinMarketCap. Read more
THE photo shows one of the damaged sections of a railway track on the outskirts of Quetta.—Dawn QUETTA: Seven blasts rocked Quetta and Dera Murad Jamali on Saturday, with one explosion blowing up a section of railway track near the provincial capital and suspending train traffic to other parts of the country. The first blast took place near a police checkpost on Qambrani Road, where unidentified attackers hurled a grenade. The device exploded but caused no loss of life. Police said the second blast occurred shortly afterwards on the same road, when armed men detonated a motorcycle carrying an improvised explosive device (IED) as a Counter-Terrorism Department (CTD) vehicle passed by, carrying bomb disposal squad personnel to the site of the first explosion. “Miscreants planted an IED on the motorbike and detonated it with a remote control when the CTD vehicle was passing through the area,” SSP Operations Capt (retd) Asif Khan told Dawn, adding that the CTD vehicle escaped the blast and no casualties were rep...