Battered BTC price could find solace in ‘debasement’ trade: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) The conflict between U.S., Israel and Iran remains the day’s biggest story as the attacks intensify and spread. Markets reacted as they typically do: by de-risking and sending oil prices higher. Bitcoin BTC$66,024.52 dropped to $66,300, down 0.5% over 24 hours, having hit a high of…

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Evening news wrap: Middle East tensions escalate; 3 F-15s crash in Kuwait, Indian national killed in Oman and more | India News

The US confirmed that three American F-15E jets were accidentally shot down by Kuwait amid escalating Iranian missile and drone attacks across the region. An Indian national was killed after the oil tanker MKD VYOM was struck by an unmanned boat off Oman’s coast, triggering an explosion and fire onboard. Prime Minister Narendra Modi urged…

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Supreme Court: Homebuyers cannot be forced to accept flats without occupancy certificate; builder clauses can’t override consumer rights

The homebuyers also pointed out that possession in one case was accepted only due to urgent need. (AI image) In a significant judgment reaffirming consumer protection in housing disputes, the Supreme Court has held that homebuyers cannot be compelled to accept possession of flats without an Occupancy Certificate and that contractual clauses limiting compensation cannot…

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Middle East conflict drags down tourism, aviation shares: IndiGo falls almost 7%, Ixigo down 14%

Aviation and travel stocks were struggling with sharp sell-offs on Monday after Middle East conflict intensified and regional air traffic was disrupted. Shares of InterGlobe Aviation, which operates IndiGo, along with SpiceJet, Ixigo and Easy Trip Planners, dropped by up to 13.5% as multiple countries shut their airspace following US and Israeli strikes on Iran….

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Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain

Hong Kong is doubling down on its role as China’s financial bridge, signing a new agreement with Shanghai authorities to build cross-border blockchain rails for cargo trade and trade finance. The memorandum of understanding between the Hong Kong Monetary Authority, the Shanghai Data Bureau, and the National Technology Innovation Center for Blockchain, announced Monday afternoon…

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‘Matter of grave concern’: PM Modi calls for dialogue and diplomacy as Middle East tensions soar | India News

Prime Minister Narendra Modi (ANI photo) Prime Minister Narendra Modi on Monday, during a joint statement with his Canadian counterpart Mark Carney, reflected on the ongoing tensions in the Middle East, also referred to as West Asia. He voiced concern over the constantly evolving situation in the region following the massive military action by the…

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$50 bn trade target: India, Canada move closer to trade deal during Carney’s visit; finalise agreements on critical minerals & more

India and Canada took a step towards strengthening their economic ties on Monday, as Prime Minister Narendra Modi and Canadian PM Mark J Carney agreed to pursue a trade-led partnership to boost bilateral trade to $50 billion by 2030 and speed up negotiations on a Comprehensive Economic Partnership Agreement (CEPA). The two leaders held bilateral…

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HYPE jumps 5% as token burn offsets $316 Million unlock, JUP gains weekly on supply freeze

Hyperliquid’s HYPE token outperformed bitcoin BTC$66,826.12 and the broader market as traders flocked to the decentralized exchange over the weekend, placing bullish bets on TradFi-linked futures amid escalating Middle East tensions. HYPE has climbed more up to 5% in the past 24 hours, as exploding platform activity led to higher token burn rate, countering fears…

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