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Bitcoin Climbs Above $111,000 as Market Sentiment Improves Ahead of Key US CPI Report
Bitcoin rose above $111,000 (roughly Rs. 97.4 lakh) on Friday, supported by stronger investor sentiment ahead of key US CPI data. Ethereum and major altcoins like Solana, BNB, and XRP also traded higher. Market analysts noted improving macro conditions and renewed optimism after reports of an upcoming US-China presidential meeting. Traders continue...
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Ethereum Climbs Above $4,100 as Whale Accumulation Boosts Market Sentiment
Bitcoin started the week steady near $112,000 (roughly Rs. 99.4 lakh) as traders braced for a $22.6 billion (roughly Rs. 2,00,416 crore) futures expiry and key macroeconomic cues. Ethereum rose to $4,113 (roughly Rs. 3.65 lakh), aided by reduced exchange supply and whale accumulation. Altcoins posted modest gains, while analysts noted consolidation...
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Nithin Kamath Points Out Risks in India’s Developing Crypto Market Future
Zerodha co-founder Nithin Kamath has raised concerns about India’s booming crypto futures market, pointing to extreme leverage and tax loopholes driving the surge. Unlike spot trades that fall under strict taxation, futures remain in a regulatory grey zone, enabling traders to bypass both TDS and the 30% tax on VDAs. Experts caution that while le...
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CoinDCX’s Okto Wallet Announces Arbitrum Rewards Challenge Aiming to Incentivise Traders
Okto has announced the launch of a rewards initiative aimed at incentivising traders that are part of its community and ramping up user activities. In its official statement, Okto said it is presenting this opportunity for traders to earn rewards to provide exceptional trading opportunities to its users.
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Hong Kong Approves BTC and ETH Spot ETFS, Indian Web3 Community Lauds ‘Landmark’ Decision
Hong Kong has approved the trading of spot BTC and ETH ETFs on Monday, April 15. The final approval was signed by the Hong Kong Securities and Futures Commission (SFC). Spot ETFs track the current price of commodities and allow traders to get exposure to the current price of BTC without having to purchase and hold the asset.
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Investor Sentiment Down on Crypto, 72 Percent E-Traders Scared of Investments in 2023: JP Morgan Survey
JP Morgan surveyed 835 traders from sixty international locations to find that most institutional crypto traders and investors are fearful of experimenting with these volatile digital assets. Liquidity crunches, recession-related risks, along with the influence of inflation on the future of trading are reasons why hefty investors are thinking twice...
-
Coinbase CFO Says Full Contagion of FTX Bankruptcy Yet to Be Revealed: Report
Coinbase CFO Alesia Haas said on Wednesday that the full extent of the fallout on the crypto industry from the collapse of Sam Bankman-Fried's FTX was yet to come out. The fallen crypto exchange fifiled for bankruptcy protection in the US on Friday in the highest-profile crypto blowup to date, after traders pulled billions from the platform in thre...
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US Senators Propose Cryptocurrency Oversight Legislation Authorising CFTC as Default Regulator
US senators on Wednesday proposed a bill to authorise the Commodities Futures Trading Commission (CFTC) to be the default regulator for cryptocurrencies. The legislation could allow the CFTC to regulate cryptocurrencies, and is the latest attempt by the US Congress to formulate ideas on how to oversee a multibillion-dollar industry amid the global ...
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Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
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Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
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Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5%, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
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Mr. Goxx, the Beloved Hamster Crypto Trader That Outperformed Warren Buffet, Has Died
The hamster of cryptocurrency trading aka Mr Goxx, who made headlines around the world for outperforming major investment firms and Warren Buffett in terms of profit, has died.
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Amazon Says It Has 'Zero Tolerance for Corruption' Amidst Reports of Bribery-Related Charges
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.
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How A Self-Employed French Trader Made A $6.6 Billion Unauthorised Bet
A self-employed trader in France accumulated stock futures worth $6.6 billion in a single day, trading records show, raising questions among investors about how he could build up such a large position despite having only 20,000 euros in his account.
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Flipkart-Walmart Deal Opposed by Traders, Industry Gives Thumbs Up
Walmart on Wednesday said it would acquire a 77 percent stake in Flipkart for about $16 billion in its biggest acquisition till date.
-
Bitcoin Climbs Above $111,000 as Market Sentiment Improves Ahead of Key US CPI Report
Bitcoin rose above $111,000 (roughly Rs. 97.4 lakh) on Friday, supported by stronger investor sentiment ahead of key US CPI data. Ethereum and major altcoins like Solana, BNB, and XRP also traded higher. Market analysts noted improving macro conditions and renewed optimism after reports of an upcoming US-China presidential meeting. Traders continue...
-
Ethereum Climbs Above $4,100 as Whale Accumulation Boosts Market Sentiment
Bitcoin started the week steady near $112,000 (roughly Rs. 99.4 lakh) as traders braced for a $22.6 billion (roughly Rs. 2,00,416 crore) futures expiry and key macroeconomic cues. Ethereum rose to $4,113 (roughly Rs. 3.65 lakh), aided by reduced exchange supply and whale accumulation. Altcoins posted modest gains, while analysts noted consolidation...
-
Nithin Kamath Points Out Risks in India’s Developing Crypto Market Future
Zerodha co-founder Nithin Kamath has raised concerns about India’s booming crypto futures market, pointing to extreme leverage and tax loopholes driving the surge. Unlike spot trades that fall under strict taxation, futures remain in a regulatory grey zone, enabling traders to bypass both TDS and the 30% tax on VDAs. Experts caution that while le...
-
CoinDCX’s Okto Wallet Announces Arbitrum Rewards Challenge Aiming to Incentivise Traders
Okto has announced the launch of a rewards initiative aimed at incentivising traders that are part of its community and ramping up user activities. In its official statement, Okto said it is presenting this opportunity for traders to earn rewards to provide exceptional trading opportunities to its users.
-
Hong Kong Approves BTC and ETH Spot ETFS, Indian Web3 Community Lauds ‘Landmark’ Decision
Hong Kong has approved the trading of spot BTC and ETH ETFs on Monday, April 15. The final approval was signed by the Hong Kong Securities and Futures Commission (SFC). Spot ETFs track the current price of commodities and allow traders to get exposure to the current price of BTC without having to purchase and hold the asset.
-
Investor Sentiment Down on Crypto, 72 Percent E-Traders Scared of Investments in 2023: JP Morgan Survey
JP Morgan surveyed 835 traders from sixty international locations to find that most institutional crypto traders and investors are fearful of experimenting with these volatile digital assets. Liquidity crunches, recession-related risks, along with the influence of inflation on the future of trading are reasons why hefty investors are thinking twice...
-
Coinbase CFO Says Full Contagion of FTX Bankruptcy Yet to Be Revealed: Report
Coinbase CFO Alesia Haas said on Wednesday that the full extent of the fallout on the crypto industry from the collapse of Sam Bankman-Fried's FTX was yet to come out. The fallen crypto exchange fifiled for bankruptcy protection in the US on Friday in the highest-profile crypto blowup to date, after traders pulled billions from the platform in thre...
-
US Senators Propose Cryptocurrency Oversight Legislation Authorising CFTC as Default Regulator
US senators on Wednesday proposed a bill to authorise the Commodities Futures Trading Commission (CFTC) to be the default regulator for cryptocurrencies. The legislation could allow the CFTC to regulate cryptocurrencies, and is the latest attempt by the US Congress to formulate ideas on how to oversee a multibillion-dollar industry amid the global ...
-
Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
-
Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
-
Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5%, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
-
Mr. Goxx, the Beloved Hamster Crypto Trader That Outperformed Warren Buffet, Has Died
The hamster of cryptocurrency trading aka Mr Goxx, who made headlines around the world for outperforming major investment firms and Warren Buffett in terms of profit, has died.
-
Amazon Says It Has 'Zero Tolerance for Corruption' Amidst Reports of Bribery-Related Charges
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.
-
How A Self-Employed French Trader Made A $6.6 Billion Unauthorised Bet
A self-employed trader in France accumulated stock futures worth $6.6 billion in a single day, trading records show, raising questions among investors about how he could build up such a large position despite having only 20,000 euros in his account.
-
Flipkart-Walmart Deal Opposed by Traders, Industry Gives Thumbs Up
Walmart on Wednesday said it would acquire a 77 percent stake in Flipkart for about $16 billion in its biggest acquisition till date.
