Pakistan Crypto Breakthrough — Banking Now Allowed
Very big news especially for Pakistani traders. 🇵🇰
Pakistan has officially allowed banks to work with licensed crypto companies.
The old 2018 restriction on crypto banking has been removed.
A new regulator (PVARA) will oversee crypto businesses.
Why this matters:
More legal crypto adoption
Higher trading volume expected
Positive long-term bullish signal for the local market
This change could bring billions of dollars into regulated crypto activity in Pakistan. �
Binance
2️⃣ Bitcoin Drops Below $74,000 — Market Cooling
Current market movement:
Bitcoin recently fell below $74,000 with a small daily decline.
The drop shows short-term volatility but not a major trend reversal. �
Binance
Trader Insight:
Market is still in consolidation
Support zone: $72K
Resistance zone: $78K–$80K
3️⃣ Ethereum Rally — Targeting $3,000
Altcoin momentum is building. 🚀
Ethereum is leading gains among top cryptocurrencies.
Analysts say a breakout above $2,500 could push the price toward $3,000. �
Binance
Signal:
Short-term: Bullish
Risk: High volatility remains