Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy’s perpetual preferred security, Stretch (STRC), fell as low as $97.11 on Thursday as bitcoin BTC$73,461.99 slipped to the $73,000 mark. STRC tends to face selling pressure during bitcoin drawdowns and in the days immediately following its ex-dividend date, as seen on Nov. 20…
A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide deleveraging. Source link
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Bitcoin briefly broke through the $74,000 resistance zone that it had rejected four times in two weeks, before reversing under that level. The largest cryptocurrency was trading just above $74,000 on Monday morning, up 2.9% over the past 24 hours and 9.7% on the week. Ether surged 7.7% in 24 hours and 14.3% on the…
Family pictures before mother’s death NEW DELHI: As tensions in West Asia disrupt global shipping routes and renew fears around the Strait of Hormuz—a crucial corridor for India’s oil and gas supplies—an old wartime tragedy is haunting one family in UP’s Aligarh all over again: nearly 40 years ago, Syed Husain Waheed, in his sixties…
NEW DELHI: Nearly three decades after Supreme Court’s Vishaka judgment mandating a mechanism against the sexual harassment of women at workplaces, it remains unimplemented by many high courts, including Calcutta, Patna, Orissa, Kerala, Chhattisgarh, Allahabad and Uttarakhand.Appearing for PIL petitioner Geeta Rani, senior advocate Sonia Mathur told SC that, significantly, district courts in Delhi, Punjab…
The government has increased the fair and remunerative price (FRP) of sugarcane by Rs 10 to Rs 365 per quintal for the 2026-27 season beginning October, PTI reported.The decision was approved by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi.“The FRP will be Rs 365/quintal for a basic recovery rate…
NEW DELHI: Reliance Industries (RIL) has stopped accepting Russian crude for the export-oriented unit at its Jamnagar refining complex in Gujarat from Thursday, a day before the deadline for accepting pre-ordered shipments under the latest round of US sanctions and a month before EU curbs on products made from barrels from Kremlin-backed exporters.From Dec, all…
Omar Abdullah (File photo) NEW DELHI: J&K CM Omar Abdullah on Friday came out strongly in support of his Bengal counterpart Mamata Banerjee on the issue of EC transferring officials in poll-bound Bengal, saying these “sweeping transfers only happen in non-BJP-governed states”.“Bengal will once again prove that officers don’t win elections for political parties; members…
NEW DELHI: The ongoing West Asia conflict and concerns over energy supplies have prompted govt to explore faster rollout of flexible-fuel vehicles (FFVs), which can run on blended petrol as well as 100% ethanol. At a meeting called by the petroleum ministry on Saturday, original equipment manufacturers (OEMs) flagged the need to address consumer concerns,…
