The price of Bitcoin (BTC) will outperform gold in the long run, and BTC holders should not sell their coins to pour into gold during its meteoric run to prices above $4,000 per ounce, according to Bitcoin advocate, educator and market analyst Matthew Kratter. BTC is a better store of value based on scarcity, portability,…
CHHATRAPATI SAMBHAJINAGAR: BJP drew flak for fielding six members of the same family in Loha municipal council polls in Nanded, all of whom saw defeat. They were Gajanan Suryavanshi, the nominee for president, wife Godavari, brother Sachin, sister-in-law Supriya, brother-in-law Yuvraj Waghmare and his nephew’s wife Rina, who contested as corporator candidates. NCP won president’s…
Gold prices on Monday hit record high on expectations of more interest rate cuts by the US Fed and the yellow metal’s status as the steady safe-haven amid weak dollar.Spot gold surged to $4,383.73 after fresh US economic data signalled continued weakness in the labour market, while easing inflation strengthened expectations of further monetary easing…
Finance platforms racing to add prediction markets are doing so at the cost of accelerated “casino-like” user churn, says venture capital firm Inversion Capital founder and CEO, Santiago Roel Santos. Santos argued in a blog post on Saturday that while he is a “believer in the underlying idea” of prediction markets, he thinks offering them…
AGRA: Two persons died and five others were grievously injured after a basement wall of an under-construction house collapsed at Vijkauli village in Bah sub-division of Agra on Sunday morning.One Jodh Singh was constructing his house and was building a basement. The basement floor was filled with a layer of soil and water was poured…
Jefferies has initiated its coverage of Groww with a buy recommendation and a target price of Rs 180. Analysts said Groww is the largest broker in India in terms of active clients, despite starting the business in FY21. They believe Groww has several levers to drive 35% compounded annual growth rate (CAGR) of its earnings…
GUWAHATI: Assam Police and BSF, in a joint operation Sunday, sent 19 illegal immigrants back to Bangladesh. The individuals were apprehended from Nagaon and Karbi Anglong.Chief minister Himanta Biswa Sarma described the move as a “full Doomsday moment” for infiltrators. In an X post, he said they had “disappeared from India, reappeared in their hell…
The highly-anticipated Uniswap protocol fee switch, dubbed “UNIfication,” is set to pass and go live later this week, having reached the 40 million vote threshold needed to trigger one of the biggest upgrades in the decentralized exchange protocol’s seven-year history. As of early Monday, nearly 62 million votes have already been cast in favor of…
Representative photo (PTI) JABALPUR: Prompt police action prevented an escalation of communal tension in Jabalpur after a group of people disrupted a prayer meeting alleging religious conversion, an allegation dismissed by the organisers, who in turn said they were assaulted and the venue was vandalised.The incident in Shakti Nagar area on Sunday follows a similar…
Tokenization will transform the financial industry faster than digital technology disrupted legacy media, such as print newspapers, physical copies of music and other analog formats, according to Keith Grossman, president of crypto payments company MoonPay. “While many feared digitization would destroy media, what it actually did was force its evolution,” Grossman said, adding that real-world…
