A report from the Asian Development Bank estimates that Pakistani citizens hold $20–25 billion in digital assets, placing the country among the top 10 global adopters of crypto despite a government ban. This surge is attributed to soaring inflation (around 38% in 2023) and a 165% devaluation of the rupee since 2017. To adapt, authorities plan to launch a central bank digital currency (CBDC) by 2025 for interbank and treasury use.
2. Establishment of Strategic Bitcoin Reserve
At the Bitcoin 2025 conference in Las Vegas, Pakistan’s Crypto Council head, Bilal Bin Saqib, announced the creation of a government-led Bitcoin strategic reserve—a landmark shift toward embracing cryptocurrencies within state finance.
3. Fast-Tracking Crypto into Pakistan’s Financial Ecosystem
Recent media reports reveal that as of late July 2025, Pakistan is moving aggressively to integrate cryptocurrency into mainstream sectors, including traditional banking, foreign exchange markets, and even gold trading systems.
4. Launch of Virtual Assets Regulatory Authority (PVARA)
In July 2025, Pakistan established the Pakistan Virtual Assets Regulatory Authority (PVARA) under the Virtual Assets Ordinance, 2025. Headed by Muhammad Aurangzeb, the agency will be responsible for licensing, regulating, and supervising virtual asset services, with additional infrastructure like a regulatory sandbox and a Sharia Advisory Committee to support innovations and ensure compliance.
5. CBDC Pilot and Virtual Asset Legislation Near Completion
The State Bank of Pakistan is preparing to roll out a pilot program for its CBDC, with relevant legislation almost finalized. The country is also drafting a regulatory framework for virtual assets, working alongside the Pakistan Crypto Council (PCC) and tech partners.
The crypto market remains paradoxical. While Ether records a sharp drop of nearly 6% in a single session, ETFs linked to the world’s second largest crypto continue to capture record volumes and inflows. A contradictory dynamic that illustrates the growing maturity of institutional investors: short-term corrections are no longer enough to slow the rush towards financial products backed by Ethereum.$ETH $BTC
Binance’s stablecoin reserves are playing a pivotal role in the current market surge, as Bitcoin pushes toward $123,700, supported by growing liquidity and seasonal investor optimism.
• Spike in Bitcoin Deposits Sparks Sell-Off Concerns
On-chain data reveals a sharp increase in Bitcoin deposits to Binance, hinting at potential sell-off pressures. While inflows are up, withdrawals are down—indicating rising exchange reserves on the platform.
Binance has introduced BFUSD/USDT for both cross and isolated margin trading, effective August 13 at 14:00 UTC, giving traders expanded flexibility in managing leveraged positions.
2. Free Trading Promo for BFUSD
In support of the launch, Binance is offering a fee-free trading promotion on the newly listed BFUSD altcoin—encouraging user participation without friction.
3. Spot Tick Size Adjustments
To enhance liquidity and trading experience, Binance is adjusting the tick size (i.e., minimum price increment) of select spot trading pairs. The change will be completed by 2025-08-21 at 05:00 (UTC).
4. Removal of Spot Trading Pairs
Binance has scheduled the delisting of three spot trading pairs on August 15. Simultaneously, they launched AIO/USDT and XNY/USDT perpetual contracts with up to 50× leverage—a move offering new opportunities to derivatives traders.
5. BBVA Partnership for Independent Custody
Binance has partnered with Spain’s BBVA to let users store crypto assets off the exchange, with BBVA acting as an independent custodian. This strategic move aims to bolster investor confidence following previous regulatory scrutiny. $XRP $BNB $BTC
Bitcoin is on the brink of reaching $120,000, fueled by growing institutional interest and favorable regulatory developments. Brave New CoinFX Leaders
Ethereum has jumped above $4,300, marking a 43% increase over the past month, driven by a weaker US dollar, clearer regulatory outlook, and sustained institutional demand. AInvest
Chainlink (LINK) Trading at $22.51, up 5.6% in the last 24 hours. This rally is attributed to whale accumulation and a token buyback initiative, alongside integration with Mastercard’s ecosystem to boost on-chain adoption. Binance
Altcoin Activity & Meme Coins
Litecoin (LTC) and Cardano (ADA) are gaining traction amid recent market updates. Crypto Economy
Whales are active in meme coins—Little Pepe (LILPEPE) is nearing the end of its presale with strong fundamentals; Pudgy Penguins (PENGU) shows technical bullishness; Dogecoin (DOGE) is being accumulated institutionally; Shiba Inu (SHIB) sees rising transaction volume; Bonk (BONK) is gaining ground within the Solana ecosystem. Indiatimes
Token Unlock Watch Over 26 altcoins are scheduled for major token unlock events between August 11 and 17, which could impact liquidity and market dynamics. AInvest
AI & Tech Integration Ongoing discussions explore how Google’s Gemini AI might drive crypto adoption—though concerns about centralization and transparency are mounting. AMBCrypto
Security Alert A user lost $343K on Aave due to phishing, underscoring the importance of careful security practices. blockchainreporter
$BTC $ETH $XRP Market Highlights BNB (Binance Coin) is trading at $804.47, showing a slight increase of 0.0136% today. The day's range has been between $793.70 and $818.70.
XRP has surged by 10%, reaching approximately $3.29–$3.35, following the resolution of the Ripple-SEC lawsuit. Futures volume for XRP has also increased by 200%, indicating heightened investor interest.
Ethena (ENA) is up by 15–16%, currently priced at $0.754, with trading volume surpassing $1.3 billion. This uptick is attributed to significant whale accumulation and increased adoption of USDe.
🔔 Key Developments BOB Day is happening today at 12:00 PM EDT. The community is coordinating to purchase $5 worth of $BOB simultaneously, emphasizing its status as a community-driven meme coin.
Binance has partnered with BBVA, a Spanish banking giant, to enhance crypto custody services. This collaboration aims to provide safer storage solutions for assets like Bitcoin and Ethereum.
Collateral ratios for over 10 digital assets have been adjusted by Binance to strengthen risk management and platform stability. These changes affect loan
Expectation for Tomorrow (August 10, 2025) Bullish Scenario: If momentum continues, expect BNB to hold above $800 and potentially push toward $815–$830, especially if inflows and staking demand persist.
Cautious Note: Market trends and sentiment shifts could trigger a pullback to support levels between $775–$787 before any further climb.
P2P Scam Warning Binance reports a real case where a user lost funds by accepting a counterfeit bank payment confirmation in a P2P trade—only to have their account frozen after releasing crypto Binance. Additionally, users are urged not to scan suspicious QR codes or respond to direct calls or messages asking for cancelations or transfers outside of the official app BinanceTradingView.
Massive XLM Loss Alert (~$4.94M) A staggering 13,062,887 XLM—worth nearly $5 million—was mistakenly withdrawn to a confirmed scam address Binance. This highlights how even experienced users can fall victim to sophisticated scams.
Transaction Poisoning Frauds A Binance user inadvertently sent over $843,000 to a fake wallet address, falling prey to a sophisticated tactic known as transaction poisoning Binance.
Ongoing Phishing & Fake Support Scams Scammers are still sending deceptive login emails, "account at risk" alerts, and fake websites designed to steal credentials Binance. There’s also a rising wave of phishing via SMS, where messages mimic Binance alerts and ask users to call bogus numbers—evading traditional anti-phishing filters since they avoid using malicious links Mitrade.
Bitcoin's Fundamentals & “Fair Value” Potential According to the Energy Value metric—a model based on miner energy costs—Bitcoin’s “fair price” could be approximately $167,800, suggesting it's currently trading at a nearly 31% discount to its estimated intrinsic value.Cointelegraph
Regulatory Tailwinds Spark Price Moves A recent executive order from President Trump permitting inclusion of cryptocurrencies in 401(k) retirement portfolios helped spark a 1.4% rally in Bitcoin, pushing it to around $116,605. Additionally, the U.S. SEC dropped its longstanding case against Ripple Labs, sending ripple’s XRP soaring by about 11%, while Ethereum and Solana also saw notable gains.Barron's
Gold Still Preferred by Investors Amid Volatility Despite Bitcoin’s respectable year-to-date gain of 24.6%, gold has outperformed it, gaining nearly 31%, as investors favor traditional safe-haven assets amid geopolitical and economic turbulence.MarketWatch
Whale Accumulation Highlights Meme Coin Momentum On-chain data shows whales are increasingly accumulating meme coins. Standouts include Little Pepe, Pudgy Penguins, SPX6900, Dogecoin, Shiba Inu, and Bonk—all showing strong signs of technical momentum and growing investor interest.Indiatimes
Here’s your visual snapshot of the current cryptocurrency landscape—this chart highlights the relative market values of major cryptocurrencies at a glance.$BNB $BTC
UK Regulator to Allow Retail Investors Access to Crypto ETNs in October "cETNs" must be listed on FCA-approved UK-based exchanges and adhere to financial promotion and Consumer Duty rules $ETH
Donald Trump’s New Crypto Bible Is Everything the Industry Ever Wanted In a lengthy report, federal government officials set out a roadmap for delivering on President Donald Trump’s promise to turn the US into the “crypto capital of the planet.”
The price for design software developer Figma surged more than 250% on Thursday to close at over $117 per share after raising over $1.2 billion in an IPO, well over three times the $30-$32 range the company estimated in SEC filings earlier this week—making its 33-year-old CEO Dylan Field a billionaire.