Gold and silver prices retreated on Monday as traders pared positions following hawkish remarks from US Federal Reserve officials, which weakened hopes of a rate cut in the upcoming policy meeting. The shift in sentiment pulled bullion prices lower after last week’s strong rally.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped…
Singapore Exchange’s (SGX) derivatives arm will soon let institutions trade one of the crypto market’s most popular instruments: perpetual futures. The SGX Derivatives announced on Monday the launch of bitcoin BTC$95,808.38 and ether ETH$3,207.96 perpetual futures, scheduled to go live on Nov. 24, with a promise to deliver the structure and trust of global derivatives…
NEW DELHI: More than 40 Indian Umrah pilgrims are feared dead after a passenger bus collided with a diesel tanker near Medina in Saudi Arabia early Monday. Video from the scene showed the bus engulfed in flames, with smoke billowing into the night sky as emergency teams and local residents rushed to the spot. Officials…
The biggest advantage of annuities is their longevity protection. (AI image) For most retirees, the most important financial goal is to ensure they don’t run out of money in their sunset years. The transition from earning a salary to depending on one’s savings can be unsettling. After decades of saving and investing, one wants stability,…
A dormant Cardano wallet just vaporized more than $6 million in a single swap after executing one of the most extreme slippage events the network has seen this year. The holder — whose address had not shown any activity since September 2020 — reappeared on-chain Sunday and swapped 14.4 million ADA (worth roughly $6.9 million)…
NEW DELHI: The Indian government, following the tragic bus accident near Medina in Saudi Arabia that reportedly killed 42 passengers, has released emergency helpline numbers to assist families. The Consulate General of India in Jeddah has activated a 24×7 control room, with the following contact details: 8002440003 (toll free), 0122614093, 0126614276, 0556122301 (WhatsApp).The crash occurred…
File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$95,246.19 has gone the “Strategy (MSTR)-way”, falling below a key support to shatter the memory traders had of this level as a reliable bounce zone. The leading cryptocurrency by market value fell nearly 10% in the seven days to…
Market experts maintain a positive outlook for Indian equities, supported by declining retail inflation and favourable corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday. While Nifty50 was above 25,900, BSE Sensex crossed 84,600. At 9:16 AM, Nifty50 was trading at…
NEW DELHI: More than 40 Indian Umrah pilgrims are feared dead after a passenger bus collided with a diesel tanker in Saudi Arabia early Monday, according to initial reports from local sources. Many of the victims are believed to be from Hyderabad.However, Telangana Haj Committee said that, “42 pilgrims, lost their lives.”24×7 helpline number (toll…
