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The recovery in bitcoin BTC$63,271.85 stalled Tuesday even after Strategy (MSTR) bought more of the largest cryptocurrency following its end-May sale. Bitcoin was recently trading near $62,600, little changed from Monday. This follows Sunday’s 4% bounce, which briefly took prices above $64,000 on some exchanges, including Coinbase. Strategy, the largest publicly listed bitcoin holder, said…
In a step towards introducing market-based coal trading, the government on Tuesday notified rules for setting up coal exchanges aimed at improving price discovery, boosting transparency and modernising the country’s coal supply chain.The ministry of coal on Tuesday said the Coal Exchange Rules, 2026 have been published, creating a regulatory framework for establishing and operating…
Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Tuesday alleged that the Enforcement Directorate (ED) is “harassing small Hindu traders in Punjab” while claiming that raids are being conducted on traders in the state. In a post on X, Kejriwal wrote, “The ED party is once again conducting raids on Hindu traders in Punjab…
China’s exports grew at a faster-than-predicted pace in May, supported by strong overseas demand for semiconductors, electric vehicles and other technology-related products, even as geopolitical tensions and elevated energy prices weighed on global trade.Data released by China’s customs agency on Tuesday showed exports rose 19.4 per cent year-on-year in May, up from April’s 14.1 per…
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BENGALURU: As India pushes to build a stronger domestic semiconductor industry, Bengaluru-based AGNIT Semiconductors has opened a new testing laboratory at the Indian Institute of Science (IISc), aiming to speed up the development of specialised chips used in telecommunications and defence systems.The startup, incubated at IISc, has invested Rs 3 crore in the 350 sqft…
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A popular signal that confirms sustained bullish shifts in market momentum just appeared on the dominance chart for Tether’s USDT, the world’s largest stablecoin by market capitalization. That may not be good news for bitcoin BTC$63,271.85, the largest cryptocurrency. USDT’s dominance rate, which measures its share of the total crypto market cap, is sporting a…
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