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MULTAN: Just a day after Multan Sultans finally found themselves in the driving seat, Islamabad United came in their way. And the most clinical side in the ongoing HBL Pakistan Super League edition so far, did what it has done all season; win matches. On Wednesday night here at the Multan Cricket Stadium, United registered their fifth victory in as many games. Sultans, who got their only win on Tuesday — a 33-run drubbing of Lahore Qalan­dars — meanwhile, saw their play-off hopes dwindle further after the seven-wicket loss against the holders. United opener Andries Gous (80 off 45, six…

Bitcoin (CRYPTO: BTC) may be the biggest cryptocurrency by market cap, weighing in at $1.85 trillion on April 24, but that doesn’t mean it’s the leader across every metric. In fact, it’s one of the absolute laggards for one data point in particular — and it happens to be the heartbeat of many of its peers in cryptocurrency, like Ethereum, Solana, and Cardano. Much to the surprise of many investors, that’s not a reason to avoid buying or to consider selling it. From one perspective, it’s actually another argument for why the largest coin is worth buying and holding forever,…

LONDON: Arsenal kept Liverpool’s Premier League title-winning champagne on ice, but only just, as they were twice pegged back at home by Crystal Palace with Jean-Philippe Mateta scoring a superb equaliser in a 2-2 draw on Wednesday. First-half goals by Jakub Kiwior and Leandro Trossard looked like being enough for a lacklustre Arsenal against a lively Palace side who equalised with an Eberechi Eze volley. But there was a late twist as Palace substitute Mateta beat Arsenal keeper David Raya with an audacious chip. The draw left second-placed Arsenal on 67 points with four games remaining meaning they can only…

Structured Notes and Buffer funds are sleep-well-at-night products designed to protect investors from market drops. Brokers and nervous investors love them, despite their complexity and fees. Talk to any financial advisor these days, and he or she is likely to have a strong opinion about something known as “structured notes.” These complex products are sold as the “have your cake and eat it” investments of the wealth management world. Their specialty is flexibility –some are geared toward growth and others toward income. Returns are generally capped and in all cases the goal is to limit downside risk. They are manufactured…

Tariffs have had a colossal negative impact on the crypto market. Nearly every major cryptocurrency is now down for the year, and some are down as much as 50%. However, if you only focus on the past 30 days, a different picture emerges. Of the top 20 cryptocurrencies ranked by market cap, a handful of them are actually posting slightly positive returns. And, if you’re willing to peek outside the top 20, it’s possible to find some coins that are up 30% or more over the past 30 days. Here are my top three picks. Where to invest $1,000 right…

LAHORE: In a surprising move, the Pakistan Cricket Board (PCB) has decided to again revamp the game’s domestic structure, and in this regard it has formed a head-less five-member committee, having no official from domestic departments. Last year, the PCB reva­mped the domestic system, the major part was the introduction of the Cham­pions Cup, inter-collegiate tournament and a few other events, but omitted National One-day Cup (reg­i­onal event) and national jun­ior boys’ and girls’ events. In an astonishing move, the boys’ junior tournament was postponed all of a sudden after first day’s play of the opening round had been completed.…

LAHORE: Peshawar Zalmi needed their skipper to stand tall. Babar Azam duly obliged. In front of his home crowd, against the home team, Babar helped his side chase down a low but tricky score at the Gaddafi Stadium with an unbeaten 56 as Zalmi crushed Lahore Qalandars by seven wickets to record their second victory of the HBL Pakistan Super League season on Thursday. Zalmi’s four-pronged pace attack had laid the platform after they tore into the Qalandars line-up, reducing them to 34-5 at one point before the home side managed to post 129 all out thanks to Sikandar Raza’s…

Japanese investment giant SoftBank is dipping its toes back into crypto by backing a new bitcoin (BTC) investment vehicle, Twenty One Capital, in conjunction with Tether, Bitfinex, and Cantor Fitzgerald. For some, the SoftBank Group—which has $308.7 billion assets under management—taking an interest in bitcoin is a welcome development and another sign of mounting institutional crypto adoption. After all, SoftBank functions more or less like a Japanese sovereign wealth fund, according to Jeff Park, head of alpha strategies at Bitwise. But for seasoned observers, it could be more of a déjà-vu than a breakthrough. Flashback to 2019, SoftBank made headlines…

Indian javelin ace Neeraj Chopra on Friday addressed the recent “hate and abuse” following his decision to invite Pakistani rival Arshad Nadeem for the upcoming Neeraj Chopra Classic being held in India. Earlier this week, the 27-year-old Indian sensation invited Nadeem for the Neeraj Chopra Classic being held in India on May 24. The event will be a World Athletics Gold category event featuring former world champions Anderson Peters and Julius Yego, 2016 Olympic winner Thomas Roehler and American Curtis Thompson among others. While speaking at a press conference on Monday, Chopra said: “Like other top throwers, Arshad too has…

U.S. Senator Dave McCormick, the former chief executive of massive hedge fund Bridgewater Associates, is putting his own cash into bitcoin (BTC) as the committee he’s on is at the tip of the spear for a legislative effort to regulate the digital assets industry. McCormick has made repeated recent investments in the Bitwise Bitcoin ETF worth hundreds of thousands of dollars, according to disclosures this week. Because of the ranges used in such lawmaker disclosures, the latest amounts invested last month can only be said to be between $310,000 and $700,000. The new investment follows McCormick’s disclosure of as much…