LONDON: Cryptocurrency trading volumes soared by 17% last month in the wake of Tesla’s $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday. Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35% to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump …

NEW YORK: The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen’s enthusiasm for the cryptocurrency. BlackRock Inc, the world’s largest asset manager, said on Jan. 21 it was adding bitcoin futures as eligible investments for certain funds. Fund experts expect other asset management firms to follow su Yet the U.S. Securities …

The third time appeared to be the charm for Elon Musk’s Starship rocket – until it wasn’t. The latest heavy-duty launch vehicle prototype from SpaceX soared flawlessly into the sky in a high-altitude test blast-off on Wednesday from Boca Chica, Texas, then flew itself back to Earth to achieve the first upright landing for a Starship model. But the triumph …

The Pakistan Cricket Board announced on Thursday that the Pakistan Super League (PSL) 6 has been delayed “with immediate effect” after seven people participating in the tournament tested positive for Covid-19. The PCB said the decision had been taken out of consideration for the health and wellbeing of all participants in the tournament. “Following a meeting with the team owners …

LONDON: The most gruelling and intense Premier League season appears to be catching up with Manchester United’s misfiring players. It may yet cost them a place in next season’s Champions League. There were worrying signs in United’s third straight 0-0 draw, this time in the fog at Crystal Palace on Wednesday. Bruno Fernandes was sloppy in possession, Harry Maguire and …

JOHANNESBURG: Temba Bavuma made history on Thursday after being named as the first black African captain of a South African cricket side, appointed skipper of the limited-overs side while Dean Elgar will lead the Test team. Bavuma, 30, will captain the One-day International and Twenty20 teams through to the 2023 World Cup, while Elgar, 33, will lead the Test side …

ISLAMABAD: Non-playing captain and coach of Davis Cup team Mushaf Zia on Thursday said that the Pakistan team have a chance to cause an upset against a strong Japan side as Davis Cup World Group I tie is all set to be played on Friday here at the Pakistan Sports Complex. Pakistan’s top player Aqeel Khan and Japan’s top-ranked Yosuke …

AHMEDABAD: Indian spinners Axar Patel and Ravichandran Ashwin took seven wickets between them as England’s batting failed again on the first day of the fourth and final Test in Ahmedabad on Thursday. England managed only 205 and India, leading the series 2-1, reached 24 for one after fast bowler James Anderson trapped Shubman Gill lbw for nought on the third …

LAHORE: Former chairman Pakistan Cricket Board (PCB) Najam Sethi, the man who launched the HBL Pakistan Super League (PSL) six-year back and worked tirelessly to make it a world renowned brand, on Thursday lamented the way the league’s sixth chapter was deferred for an indefinite period due to seven Covid-19 cases and held the Pakistan Cricket Board (PCB) responsible for …