Bitcoin exchange-traded funds (ETFs) have permanently reduced volatility and altered Bitcoin market dynamics, according to analysts. Bitcoin (BTC) will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew. “BTC/USD looks like two entirely different assets before and after the ETF,” the analyst wrote on Friday. The chart he shared showed a sharp reduction in price volatility following the January 2024 launch of the Bitcoin ETF in the United States. The analyst said: Senior Bloomberg ETF analyst Eric Balchunas wrote that the reduced volatility has helped Bitcoin “attract even bigger fish and gives it a fighting chance to be adopted as currency.” The tradeoff to this is that there will likely be no more “God Candles,” the analyst added. Read more
BIHAR: In a terrible incident from Bihar’s Bodh Gaya district, a 26-year-old woman contributing to a Home Guard recruitment drive was purportedly gang-raped in an ambulance while being taken to a hospital after losing consciousness during a physical stamina test. According to reports by police authorities, the woman collapsed during the race at the Bihar […]
ISLAMABAD: The Government of Pakistan has announced a major reduction in National Savings Profit Rates, effective from July 28, 2025, having a major effect on millions of investors across the country. The updated rates apply to an extensive range of saving certificates, which include Behbood, Defence, and Regular Income Certificates, along with Sarwa Islamic products. […]
French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, people familiar with the matter told Reuters on Friday. The Bernard Arnault-led company has been holding talks with potential buyers including Reebok-owner Authentic Brands Group and WHP Global, the sources said, who asked not to be named […]
Jerusalem: The activist group Freedom Flotilla announced Saturday that its latest aid boat dispatched to Gaza was approaching the territory and planned to land there the following morning in defiance of an Israeli blockade. The vessel, named the Handala after a popular Palestinian cartoon character, was just 105 nautical miles (194 kilometres) from its destination, […]
ISLAMABAD: The spillways of Rawal Dam will be opened on Sunday at 6:00 am as the water level in the dam has reached 1750.50 feet. According to the National Disaster Management Authority, all concerned individuals have been requested to take necessary precautions accordingly. The decision to open the spillways was taken in coordination with various […]