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Bitcoin traders raise odds of sub-$70,000 Christmas, Bitmine reports $6.3 billion annual net loss, and more

In today's newsletter, bitcoin 'ripe for a squeeze' as traders raise odds of sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net loss as ether falls 44%; and more.

Bitcoin traders raise odds of sub-$70,000 Christmas, Bitmine reports $6.3 billion annual net loss, and more

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PSX: buying at bourse, KSE-100 up 900 points

Buying interest was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 900 points during the opening minutes of trading on Thursday. At 9:40am, the benchmark index was hovering at 179,951.08, up 867.28 points or 0.48%.

Khaadi IPO delayed to December amid SE Fruits fiasco

The planned initial public offering (IPO) of fashion retailer Khaadi Pakistan Ltd. has been delayed by a month amid increased regulatory scrutiny following the SE Fruits IPO setback last month. The Khaadi IPO was reported on October 1, 2026, with plans for it to launch the following month.

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