Bitcoin delivers a classic liquidity grab with a correction below $115,000 only to bounce back, while traders eye a BTC price showdown with new all-time highs next. Key takeaways: Bitcoin traders now turn their focus to higher levels after Friday’s $115,000 liquidity grab. Fundstrat’s Tom Lee predicts Bitcoin could hit $250,000 by year-end. Read more
US President Donald Trump said on Saturday that the leaders of Cambodia and Thailand had agreed to meet immediately to quickly work out a ceasefire, as he sought to broker peace after three days of fighting along their border left at least 33 people dead. In a series of social media posts during a visit to Scotland, Trump said he had spoken to Cambodian Prime Minister Hun Manet and Thailand’s acting prime minister, Phumtham Wechayachai, warning them that he would not make trade deals with either of their governments if the border conflict continued. Following calls for restraint on both sides from Trump’s senior aides, he became directly involved on Saturday, speaking to each leader and saying he relayed messages back and forth. “Just spoke to the prime minister of Cambodia relative to stopping the war with Thailand,” Trump said in a post on his Truth Social network. “I have just spoken to the acting prime minister of Thailand, and it was a very good conversation,” he said soon after in a new post. “Thailand,...
A young and tech-savvy population, combating inflationary pressures, is driving Bitcoin adoption and a new financial system in Pakistan. Pakistan’s demographics position the country as a major catalyst for Bitcoin (BTC) adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain. “A global policy shift has happened, not just in Pakistan, but all around the world,” Bin Saqib told Cointelegraph in an exclusive interview. The government of Pakistan moved to regulate crypto in November 2024. The country has 40 million crypto wallets and is one of the “top five” countries in terms of crypto adoption, which the minister attributed to Pakistan’s young demographic. He told Cointelegraph: Read more