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LAHORE: Newly elected Pakistan Olympic Association (POA) president Arif Saeed pledged on Tuesday to take full responsibility for the success or failure of Pakistani athletes in international competitions, emphasizing that accountability is critical to progress. “In the past, controversies arose over athletes’ performances, with neither the Pakistan Sports Board (PSB) nor the POA owning responsibility. Instead shifting blame to national sports federations,” Arif, who was addressing his first press conference since assuming office in January, stated. “As POA president, I accept all responsibility. If we fail to collaborate effectively with the government or federations, the POA will own that failure.…

The price of LUCE, a Solana-based meme coin themed around the Vatican’s Holy Year 2025 mascot, has surged dramatically following the death of Pope Francis. On some exchanges, LUCE jumped as much as 134%, reaching a high of $0.02517 before settling at around $0.015. CoinMarketCap data shows LUCE previously dropped below $0.009 before its latest rebound, which saw the token’s trading volume rise to nearly $50 million in 24 hours—a 515% increase. The coin, which debuted in October 2024 shortly after the Vatican revealed its Jubilee mascot, quickly gained traction and reached a peak market cap above $80 million within…

MULTAN: All Multan Sultans needed to get off the mark in this HBL Pakistan Super League season was a homecoming. In their first match at the Multan Cricket Stadium on Tuesday, Sultans put up a clinical show with Yasir Khan and Ubaid Shah shining with the bat and ball respectively, as they beat Lahore Qalandars by 33 runs for their first win of the season after three losses. After Yasir’s fireworks led the home team to a mammoth 228-5, Ubaid put up a fiery fast bowling show, striking at crucial points as Qalandars were restricted to 195-9. Ubaid’s first scalp…

Bitcoin has been showing resilience amidst global economic concerns, particularly the ongoing U.S.-China trade tensions. In the two weeks leading up to April 22, Bitcoin’s price rose by 12%, a strong recovery compared to the broader markets. While the U.S. imposed tariffs on China up to 125% and China reciprocated with similar increases, Bitcoin seemed unaffected by these trade issues. This has led many to observe that Bitcoin is beginning to behave more like gold, rather than the volatile Nasdaq, with growing interest in it as a safe-haven asset. Alex Svanevik, CEO of the crypto intelligence platform Nansen, noted that…

LAHORE: Having tested as many as six head coaches without any positive results in key international contests during the past two years for the national team, the Pakistan Cricket Board (PCB) has again advertised the post. Additionally, the PCB has also advertised the position of director high performance centres on its website this week. Aaqib Javed, the last interim head coach who failed to deliver after performing double duties as selector and coach during the past six months, left the job following this year’s ICC Champions Trophy held in February-March. Pakistan during the past couple of years have nosedived in…

(Bloomberg) — Cantor Fitzgerald LP, Tether Holdings Ltd. and SoftBank Group are in talks to form a $3 billion vehicle that would absorb billions of dollars in cryptocurrency. Most Read from Bloomberg Cantor Equity Partners I Inc., a special purpose acquisition company, raised $200 million in January and will use the cash to create a new firm. Stablecoin giant Tether will contribute $1.5 billion of Bitcoin, while Tether-affiliated exchange Bitfinex and SoftBank plan to put in $600 million and $900 million of the cryptocurrency, respectively, according to a person familiar with the matter who asked not to be named as…

One of the long-term bearish arguments against Bitcoin is that it is just another “risk-on” asset. Historically, Bitcoin has acted like a leveraged Nasdaq product, dramatically outperforming in equity bull markets and underperforming in bear markets. However, yesterday, Bitcoin and the iShares Bitcoin ETF (IBIT) went a long way in disproving that. Despite the carnage in equities yesterday, Bitcoin rose 3%, regaining its 50-day moving average. The relative strength in the world’s largest cryptocurrency stood out like a sore thumb Monday, but it’s not just a one-day occurrence; it is becoming a trend. While the Nasdaq and the major US…

The price of Bitcoin (CRYPTO: BTC) recovered on Tuesday as investors swung back to a risk-on trade. Markets have feared growing trade tensions between the U.S. and China, and that pushed stocks lower on Monday. Investors looking for a “safe” alternative have pushed gold and Bitcoin higher, with the biggest cryptocurrency jumping 5.2% in the last 24 hours as of 2:10 p.m. ET today. Crypto miners followed the move with TeraWulf (NASDAQ: WULF) jumping as much as 20.9%, Riot Platforms (NASDAQ: RIOT) rising 14.3%, and MARA Holdings (NASDAQ: MARA) climbing 12.2%. The stocks are currently up 17.6%, 12.1%, and 11.1%…

Trump Media and Technology Group (DJT) has signed a binding agreement with Crypto.com and Yorkville America Digital to launch a series of TMTG ETFs through its Truth.Fi brand, according to a Tuesday press release. The agreement advances TMTG’s financial services strategy, with the company planning to allocate up to $250 million of its cash reserves toward these exchange-traded funds. This move expands TMTG beyond its social media and streaming platforms into the fintech sector. The ETFs will focus on digital assets and securities with a “Made in America” emphasis across various industries, including energy, according to the company’s announcement. Subject…

By Suzanne McGee and Michelle Conlin (Reuters) -U.S. President Donald Trump’s social media firm, Trump Media & Technology Group, said on Tuesday it had reached a binding agreement to roll out an array of retail investment products, including crypto, in its latest bid to diversify into financial services. The plan, including a series of exchange-traded funds aligned with Trump’s America First policies, followed news of a preliminary agreement reached last month between Trump Media and Crypto.com, a digital asset platform with ties to broker-dealer Foris LLC, and Yorkville America Digital, an affiliate of Yorkville Advisors, a New Jersey-based investment advisory…