Home Blog Page 47

England Drops in WTC Rankings After ICC Over-Rate Penalty

0

The ICC has penalized England in the updated World Test Championship (WTC) standings due to an over-rate violation during the first Test against West Indies at Lord’s. England was found two overs short, resulting in a deduction of two WTC points and a 10% match fee fine.

Before the penalty, England held second place with 26 points and a 54.16% win percentage. However, the deduction dropped them to 24 points and a 50% win rate, pushing them down to the fifth spot in the updated table.

India has now claimed the top position with a 62.5% win rate, followed by Australia, West Indies, and New Zealand. The ICC’s consistent enforcement of over-rate rules continues to impact WTC standings and emphasizes the importance of timely bowling in Test cricket.

England has slipped from second to fifth place in the World Test Championship standings after receiving a two-point penalty for a slow over rate against West Indies. This penalty also included a 10% fine on players’ match fees, giving India the opportunity to rise to the top of the table.

cricket updates, ICC penalty, World Test Championship

BNB Rice Facial Kit: Benefits and How to Use It for Glowing Skin

The BNB Rice Facial Kit has gained popularity for its skin-brightening and nourishing properties, particularly among those seeking natural skincare solutions. This facial kit harnesses the power of rice extract, known for reducing dark spots, improving skin tone, and adding radiance.

The kit usually contains a cleanser, scrub, massage cream, face pack, and serum—all formulated to work together to rejuvenate the skin. The rice ingredients help control oil, tighten pores, and boost collagen production, making it ideal for both dry and oily skin types.

To use, start by cleansing your face, then apply the scrub in circular motions to exfoliate. After rinsing, gently massage with the cream to enhance blood flow and relaxation. Apply the face pack evenly and leave it for 15–20 minutes before washing off. Finish the routine by applying the serum to lock in moisture and give a natural glow.

Regular use of the BNB Rice Facial Kit can lead to visibly clearer, smoother, and brighter skin.

The BNB Rice Facial Kit offers a natural way to brighten skin, reduce dark spots, and improve texture. Its rice-based ingredients work to tighten pores, balance oil, and promote radiance. Ideal for all skin types, it includes a complete step-by-step facial routine.
skin care, facial kit, rice extract benefits

FBISE Announces Matric Results 2025 for SSC Part-II

0

The Federal Board of Intermediate and Secondary Education (FBISE) has officially declared the results for the Secondary School Certificate (SSC) Part-II Annual Examinations 2025. Students can now access their results through the board’s official website and via SMS.

Position holders were announced prior to the general result release. The top-performing students were honored during a special ceremony. The overall passing percentage has shown a slight increase compared to last year, reflecting improved academic performance and efforts by both students and educational institutions.

FBISE has also introduced a more streamlined digital system this year for result dissemination, aiming to provide students with quicker and more reliable access. Candidates can obtain their detailed result cards by entering their roll number online.

The board also appreciated schools, teachers, and parents for their continued support in fostering academic excellence. Supplementary exams for those who did not pass will be scheduled and announced shortly.

FBISE has declared the Matric (SSC Part-II) results for 2025. Students can check their marks online or via SMS. A ceremony was held for top achievers. The board introduced improved digital access and praised schools and parents. Supplementary exam details will be announced soon.

FBISE Matric Result 2025, SSC Part-II 2025, Education News Pakistan

Petrol and Diesel Prices Continue Steep Climb in 2025

0

Since January 2025, petrol prices have surged by ₨19.49 per liter and diesel by ₨26.01. The latest hike added ₨5.36 to petrol and ₨11.37 to diesel. These increases are driven by global oil trends, currency depreciation, and high domestic levies, putting additional strain on consumers and businesses.

Fuel prices in Pakistan have risen steadily throughout 2025, with multiple hikes pushing petrol and diesel to new highs. The growing burden is a result of international market volatility, weakening currency, and internal taxation, further intensifying inflationary pressure on the economy.

fuel-prices, pakistan-economy, inflation-2025

📊 Gold Rates in Pakistan – July 16, 2025

0

24 K per tola: PKR 359,300
24 K per 10 grams: PKR 308,050
22 K per tola: PKR 329,356–329,358
22 K per 10 grams: PKR 282,377–282,379

As of July 16, 2025, gold rates in Pakistan show 24 karat gold priced at PKR 359,300 per tola (PKR 308,050 per 10 grams), while 22 karat stands at around PKR 329,357 per tola (PKR 282,378 per 10 grams). Prices fluctuate daily, driven by global bullion trends and foreign exchange rates, with local markets in Karachi, Islamabad, Lahore, and Rawalpindi reporting consistent values.

Gold rates in Pakistan today are PKR 359,300 per tola for 24 K and PKR 329,357 per tola for 22 K, reflecting international gold movements and rupee dynamics. These live prices, consistent across major cities like Karachi, Islamabad, and Rawalpindi, highlight daily fluctuations in local bullion markets.

24 K, 22 K, Pakistan gold

Wall Street Titan Seeks $1 Billion Bitcoin Treasury Boost

0
bitcoin

Basel Medical Group (Nasdaq: BMGL), a major healthcare provider in Asia, is negotiating a groundbreaking share-swap deal to acquire $1 billion in Bitcoin. This strategic move is designed to diversify its treasury assets, strengthen its financial standing, and fuel its expansion across key healthcare markets. In talks with institutional crypto investors and high-net-worth participants, BMGL aims to close the transaction by the end of the current quarter, subject to regulatory approvals. CEO Dr. Darren Chhoa emphasizes that this bold step will provide the flexibility and financial resilience necessary to pursue mergers, acquisitions, and sustained growth in Asia. The initiative highlights the increasing trend of mainstream companies leveraging Bitcoin as a core treasury asset.

A Nasdaq-listed healthcare firm acquires $1 B in BTC, diversifying treasury and supporting expansion in Asia, deal to close this quarter pending approval drchhoa,bitcoin treasury,corporate crypto

drchhoa, bitcoin treasury, corporate crypto

GENIUS Act Vote Stalls: What This Means for U.S. Stablecoins and Crypto Week

0

Crypto Week in Congress has hit a major roadblock as the GENIUS Act—the proposed stablecoin regulation bill—gets stalled in the House. Originally set for a high-profile vote amid optimism, it now faces internal party conflict that could delay U.S. stablecoin regulation and shake market confidence.

What Just Happened?

House Republicans, who branded this week “Crypto Week,” blocked a procedural motion needed to bring the GENIUS Act (alongside companion bills) to a floor vote. A group of Republicans joined Democrats in opposing the move, leading to a 196–223 defeat. That single vote effectively halts the bill’s progress—and key votes on other crypto reforms—until consensus is reached on how to package the legislation.

Why the Setback Matters

  • Stablecoin uncertainty: The GENIUS Act aims to usher in clearer rules for U.S. dollar–backed stablecoins, including full reserve backing, audits, and oversight. Its delay pushes regulation further out.
  • Market reaction: With legislative momentum stalled, crypto markets—especially stablecoin issuers—saw price pressure and shaken investor sentiment.
  • Legislative turf wars: The debate over packaging the bills—whether to vote on each individually or as a bundle—exposes deep procedural and strategic differences within the GOP.

Trump Steps In

Former President Trump quickly intervened, claiming to have secured verbal support from 11 of 12 lawmakers needed to bring the GENIUS Act to a vote. He expressed confidence that a clean vote would happen imminently, reflecting his continuing influence over crypto policy and backed campaign intentions.

What Comes Next?

The House now faces a critical choice:

  1. Hold another procedural vote on the same package
  2. Split bills and vote on stablecoin regulation separately
  3. Revisit negotiations, possibly merging with alternative proposals before the August recess

If timed correctly, passage could occur before lawmakers exit or risk delay until later in the year.

Impact on Crypto Investors

  • Delayed clarity: No clear stablecoin rules mean issuers and investors remain in limbo.
  • Short-term volatility: Markets remain sensitive to U.S. policy unpredictability.
  • Long-term stakes: The GENIUS Act remains the most significant U.S. attempt at comprehensive stablecoin legislation—and its fate could shape future adoption and institutional investment.


The stalled vote on the GENIUS Act highlights the messy reality of crypto policymaking. With internal disagreement and procedural obstacles, its pathway to law is uncertain. Yet with high-level intervention—including direct influence from Trump—the issue remains alive. Stablecoin users, investors, and issuers should prepare for continued drama and shifting timelines.

The GENIUS Act’s House vote is delayed as Republicans clash over procedural strategy. What this means for U.S. stablecoin regulation, Crypto Week, and market stability.

GENIUS Act, stablecoin regulation, Crypto Week, U.S. crypto policy, House procedural vote, Trump crypto influence, stablecoin market impact, crypto legislation delay, blockchain regulation, digital assets oversight

Trump Calls for Immediate Passage of GENIUS Act to Cement U.S. Crypto Leadership

0

U.S. President Donald Trump has made a bold push for Congress to swiftly pass the GENIUS Act, a pivotal stablecoin regulation bill. The legislation is seen as a major milestone in establishing U.S. dominance in digital assets, and could significantly impact the future of stablecoins and the wider crypto market.

President trump in a Hat

What is the GENIUS Act?

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) proposes a structured framework for stablecoin regulation. Its core requirements include:

  • Full 100% reserve backing for stablecoins using U.S. dollars or liquid equivalents
  • Mandatory audits for large stablecoin issuers
  • Strict controls on the issuance of foreign-backed stablecoins

This bill aims to deliver transparency, reduce systemic risk, and offer regulatory clarity to both developers and investors.


Why Trump is Urging Immediate Action

In a strong political statement, Trump has urged lawmakers to pass a clean version of the GENIUS Act without delays. He believes it is critical for the United States to lead the world in digital currency innovation.

By supporting this bill, Trump is aligning with the broader goal of ensuring that U.S.-issued stable coins dominate global markets. His stance emphasizes economic strength, technological leadership, and the need to protect the integrity of the U.S. financial system in the digital age.


Legislative Progress and Political Support

The GENIUS Act has already made significant strides in the legislative process:

  • It has passed key votes in the Senate with bipartisan support
  • It is now headed for final debate before moving to the House
  • Multiple lawmakers from both parties recognize the bill as a meaningful step toward modernizing financial oversight

However, some concerns remain over possible conflicts of interest, particularly regarding how the bill could benefit crypto firms with political connections.


Supporters vs. Critics

Supporters say the GENIUS Act will:

  • Strengthen U.S. dollar dominance through regulated digital currencies
  • Bring trillions into U.S. Treasury markets
  • Provide the crypto industry with long-awaited legal clarity

Critics warn that:

  • The bill may favor large institutions over community banks
  • Political figures could indirectly benefit from its passage
  • Oversight mechanisms may still fall short of full transparency

Implications for the Crypto Market

If enacted, the GENIUS Act will reshape how stablecoins operate in the U.S. It will likely:

  • Force all stablecoin issuers to meet strict regulatory and audit standards
  • Reduce the presence of unregulated or foreign stablecoins in the U.S. market
  • Increase trust among institutional investors and pave the way for broader adoption

This may also help prevent future financial instability in the digital currency space, creating a safer and more transparent ecosystem for users.


What Comes Next?

Traders, investors, and industry leaders should keep an eye on:

  • The final Senate vote and House response
  • Whether the GENIUS Act gets prioritized over other competing crypto bills
  • Future executive orders or regulatory announcements following the bill’s potential passage

The GENIUS Act represents a historic opportunity to define the future of stablecoin regulation in the United States. With Trump’s strong endorsement and growing bipartisan support, this legislation could soon become a foundational part of America’s digital finance strategy. Whether you’re a crypto investor, developer, or policymaker, the outcome of this bill will shape the next era of U.S. crypto leadership.


Donald Trump calls for immediate passage of the GENIUS Act, a stablecoin regulation bill that could redefine U.S. dominance in digital currencies and establish global crypto leadership.


GENIUS Act, stablecoin regulation, Trump crypto bill, U.S. crypto leadership, digital currency law, crypto legislation 2025, stablecoins audit, crypto policy news, financial regulation USA, blockchain regulation

14-Year Dormant Wallet Moves 20,000 BTC — Is a Bitcoin Correction Coming?

0

A Bitcoin wallet untouched for 14 years has suddenly come back to life, transferring a massive 20,000 BTC. This surprise move has sent shockwaves across the crypto market, sparking debates and fears of a possible Bitcoin price correction. Traders and analysts are now closely watching market activity, wondering whether this transfer signals a sell-off or merely a security update.

What Happened with the Dormant Wallet?
On-chain data revealed that two wallets from April 2011, each holding 10,000 BTC, became active after over a decade. Both wallets transferred their funds to newly created addresses in what appears to be a deliberate and calculated move.

This event is highly significant as these wallets date back to the early days of Bitcoin when the price was just $0.78 per coin. Now, each BTC is worth over $108,000, valuing the total transfer at around $2.18 billion.

Why This Move Matters
The revival of a wallet dormant since Bitcoin’s infancy naturally stirs interest. Here’s why the move is being closely monitored:

  • Market Sensitivity: Movements of large, old wallets often spark panic among investors, leading to increased volatility.
  • Possible Sell-Off: If this BTC enters exchanges, it could increase supply and pressure prices.
  • Strategic Transfers: The fact that the BTC was moved to different types of addresses, including modern Bech32 formats, suggests an intent to secure the assets rather than sell them.

Impact on Bitcoin Price
Following the transfers, Bitcoin’s price dipped below the key $108K support level, although no BTC has been sent to exchanges yet. This suggests that while the wallet activity triggered fear, no real selling has occurred — at least for now.

This movement has raised red flags among traders, especially as this isn’t an isolated event. Similar old wallets, potentially linked, have transferred large amounts of BTC in recent months.

Is This the Start of a Major Correction?
While it’s tempting to assume that a Bitcoin correction is looming, the on-chain evidence doesn’t yet point to panic selling. The most likely explanations include:

  • Enhanced security: Owners may be restructuring wallets to take advantage of newer, more secure address formats.
  • Recovered access: Lost or forgotten keys may have been found, prompting action.
  • Portfolio management: Long-term holders might be preparing for inheritance planning or institutional custody.

What Traders Should Watch For
The situation could change rapidly. Key indicators to monitor include:

  • BTC movement to exchanges
  • Shifts in large wallet behavior
  • Breakdown below major support zones

Until then, the market remains on edge, waiting to see what this whale will do next.

The reactivation of a 14-year dormant Bitcoin wallet with 20,000 BTC has added a new layer of uncertainty to an already fragile market. While no selling has been confirmed, the scale and timing of the transfer are enough to keep crypto investors on high alert.

With Bitcoin hovering around crucial price levels, the crypto world now watches to see whether this was a harmless security update — or the prelude to a larger Bitcoin market correction.

A 14-year dormant Bitcoin wallet has moved 20,000 BTC, worth over $2 billion, raising fears of a potential Bitcoin market correction. Is this a sell-off or a strategic security update?

bitcoin price correction, dormant bitcoin wallet, 20k btc transfer, bitcoin whale move, bitcoin 2025, btc support level, crypto market news, bitcoin long term holders, btc whale activity, bitcoin selloff fears

Yango Launches B2B Tech Platform, Partners with DealCart

0

Yango Pakistan is broadening its reach by introducing Yango Tech, an AI-powered B2B platform designed to streamline operations across industries like logistics, retail, and mobility. The platform offers tools ranging from autonomous delivery robots and warehouse automation to route planning and retail media advertising. Launching in Pakistan, Yango Tech partners with DealCart in Karachi—integrating grocery and essential goods ordering directly into the Yango super-app. This move aims to enhance convenience for consumers, empower retailers, and advance digital transformation through AI-driven solutions.

A smart new move into B2B AI services with integrated delivery!

Now businesses in Pakistan can leverage Yango Tech’s AI-driven platform for logistics, automation, advertisement, and cloud solutions—boosting efficiency and cutting costs. With DealCart integrated into Yango Shops, Karachi users get seamless grocery access. Yango deepens its super‑app ecosystem, fueling digital transformation across services.
AI, B2B, digital‑transformation