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6 Mar 2026, 20:41

Solana Faces Stiff Resistance as ETF Inflows Defy Price Declines

Solana's price is testing the pivotal $90–$100 resistance zone as uncertainty persists. ETF inflows remain strong, demonstrating continued institutional and retail interest. Continue Reading: Solana Faces Stiff Resistance as ETF Inflows Defy Price Declines The post Solana Faces Stiff Resistance as ETF Inflows Defy Price Declines appeared first on COINTURK NEWS .

6 Mar 2026, 20:40

Pakistan approves Virtual Assets Act 2026, creating the PVARA to license and oversee all crypto service providers

Pakistan’s parliament has passed the Virtual Assets Act, 2026, which is the most comprehensive legal framework on digital assets put together in the country. The Act also establishes the Pakistan Virtual Assets Regulatory Authority (PVARA) and gives it the mandate to license, regulate, and supervise all cryptocurrency service providers operating in the country. PVARA stated that “the framework is designed to promote transparency, protect investors, and ensure the integrity and stability of the virtual assets market while enabling responsible innovation in financial technologies.” PVARA Chairman Bilal Bin Saqib, who is also the CEO of the Pakistan Crypto Council, wrote on X , “A year ago, Pakistan’s digital asset landscape was defined by uncertainty and grey areas. Today, we have the country’s first Act of Parliament establishing a regulatory body for virtual assets, building on the Presidential Ordinance introduced in 2025.” What powers does the new law give PVARA? The newly commissioned PVARA has the power to impose penalties up to PKR 50 million (approximately $179,000) and five years’ imprisonment on exchanges, custodians, wallet operators, token issuers, lending platforms, and all others that operate without a license. Unauthorized token offerings carry a separate penalty of up to PKR 25 million ($89,000) and three years in prison. Existing providers have six months to comply or cease operations. According to PVARA, the legislation also equips it “with powers to address money laundering, terrorist financing, and other illicit activities associated with virtual assets, bringing Pakistan’s regulatory approach in line with international standards.” Firms are also required to ensure that their services comply with Sharia law. How has Pakistan prepared the ground ahead of the legislation? In February 2026, PVARA formally launched a regulatory sandbox, a supervised environment allowing firms to test real-world use cases, including tokenization, stablecoins, remittances, and on- and off-ramp infrastructure under regulatory oversight. In December 2025, PVARA granted No Objection Certificates (NOCs) to Binance and HTX, two of the world’s largest cryptocurrency exchanges. In his recent post on X, Bin Saqib stated, “With NOCs already issued and banking rails being developed in coordination with the State Bank of Pakistan, we are now moving toward a comprehensive licensing framework aligned with global AML and financial integrity standards. ” Around that same period, Pakistan’s finance ministry announced that it had signed a memorandum of understanding (MOU) with Binance to explore blockchain-based tokenization of up to $2 billion in government-backed real-world assets. What does this mean for Pakistan and its neighbors? Pakistan has one of the highest cryptocurrency adoption rates in the world, with PVARA estimating that between 30 and 40 million Pakistanis are active in digital assets, and industry-wide assessments put annual digital asset trading activity linked to Pakistan at more than $300 billion. However, before the legislation, there was no framework regulating the space or looking after the millions of adopters. Bin Saqib stated that he sought to fix the ambiguity in the sector, and this act seems to do just that. The country’s passage of crypto law may add pressure on India, which leads global adoption surveys but continues to operate without an equivalent legislative framework, to speed up its own regulatory process. Join a premium crypto trading community free for 30 days - normally $100/mo.

6 Mar 2026, 20:36

Dogecoin Faces Critical Resistance Zone — Will Bears or Bulls Control the Next Move?

Dogecoin is trading at approximately $0.09076, reflecting a 3.93% decline over the past 24 hours. Mild selling pressure has kept the asset under strain, with broader time-frame data confirming that bears maintain the upper hand. The current price places DOGE near critical support and resistance levels. Intraday trading showed an early push toward $0.098, but momentum failed to hold. Price retreated and has since fluctuated in a tight range between $0.093 and $0.096. That range signals a short-term consolidation phase as traders weigh the asset's next move. Chart Structure Points to Ongoing Bearish Pressure On the daily chart, Dogecoin continues to move within a broader downtrend that has developed over recent weeks. The middle Bollinger Band sits near $0.0963, and the price remains below it, a bearish signal that sellers still control trend direction. The upper Bollinger Band near $0.1036 serves as a firm resistance ceiling. The lower band around $0.0889 marks the nearest support level if selling intensifies. A reclaim of the $0.096 midline could open the path toward the $0.103 resistance zone. The Balance of Power indicator registers a slightly negative reading of -0.0025, confirming that sellers hold a marginal edge. However, the histogram shows that bearish momentum is weakening compared to previous sessions. That shift could precede a stabilization attempt, though no confirmed reversal signal has emerged yet. Futures Flows Show Short-Term Demand Despite Longer-Term Caution Recent derivatives data reflect mixed but active capital movement. Over the past 30 minutes, DOGE futures recorded approximately $22.30 million in inflows and $15.50 million in outflows, resulting in a net inflow of around $6.81 million. The one-hour window shows inflows of $28.97 million, versus outflows of $21.05 million, resulting in a $7.92 million net figure. These short-term readings indicate that traders are actively adding fresh capital to DOGE futures. The 4-hour and 8-hour windows show net inflows of $9.25 million and $9.36 million, respectively, suggesting steady participation across shorter intervals. The 24-hour data, however, tells a different story. Total inflows of $710.49 million fall just short of outflows of $714.02 million, resulting in a net outflow of $3.53 million. Over the past three days, the net outflow has expanded to $26.68 million. That divergence between short-term inflows and longer-term outflows reflects an uncertain market in which short-term traders are active but broader conviction remains low.

6 Mar 2026, 20:35

Bitcoin’s Correlation With Stocks Surges as Volatility Returns

Bitcoin is once again moving closely in step with US stocks, at just about the worst time for crypto diehards.

6 Mar 2026, 20:30

No crypto ETFs below RSI 30 despite Bitcoin drop

More on crypto stocks BTC: Grayscale's Bitcoin ETF Challenging The Major Asset Management Firms IBIT: It Makes Sense To Take A Bite Tracking Cathie Wood's ARK Invest 13F Portfolio - Q4 2025 Update Bitcoin slips below key level as investors brace for U.S. jobs data, Middle East tensions rise Bitcoin tops $73K and hits a fresh one-month high as momentum builds

6 Mar 2026, 20:28

Crypto market slides as Bitcoin falls to $68K and Ethereum drops below $2K

Bitcoin slipped toward $68K while Ethereum dropped below $2K, triggering broader losses across the crypto market as key resistance levels held.