Brutal selloff breaks psychological $2.30 floor, erasing recent gains as distribution overwhelms historic XRPC debut. News Background XRP’s worst intraday decline in weeks coincided with a major industry milestone: the launch of the first U.S. spot XRP ETF, Canary Capital’s XRPC, now officially effective on Nasdaq as of 5:30 PM ET. The listing marks a…
NEW DELHI: Reliance Industries informed the BSE on Tuesday that there was no linkage between the fall in its share price and the news report on Russian oil imports, and that it had not purchased any crude from Russia for delivery in January.Bloomberg had earlier reported that at least three tankers carrying nearly 2.2 million…
XRP just reclaimed a ranking it hasn’t held in weeks, and the derivatives market suggests traders are positioning for more. The token surged to $1.53 on Tuesday, up 11% on the week, overtaking BNB to become the fourth-largest cryptocurrency by market cap at $93.4 billion. The move broke through $1.40 resistance, per CoinDesk analytics, with…
JALPAIGURI: Grief over former Bangladesh PM Khaleda Zia’s death on Tuesday travelled well beyond Dhaka, reaching Jalpaiguri, a north Bengal town nearly 434 km away, where memories of her early life still lingered. For the people here, it was a loss of one of their own.Khaleda Zia was born in Jalpaiguri in 1946 and spent…
The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The 30-share BSE Sensex declined 953.64 points, or 1.14 per cent, during the week.Besides…
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NEW DELHI: Goa investigators said brothers Saurabh Luthra and Gaurav Luthra booked tickets to Phuket at 1:17 a.m. on December 7, shortly after the fire broke out at Birch by Romeo Lane in Arpora, North Goa. At that moment, police and local authorities were battling the flames and trying to rescue trapped staff members.By 5.30…
Vanguard’s global head of quantitative equity, John Ameriks, said bitcoin BTC$90,185.24 still resembles a speculative collectible more than an asset meant to build long-term wealth, comparing it to a “digital Labubu,” the plush toy that has become a popular collectible. Ameriks’ words came during Bloomberg’s ETFs in Depth conference in New York on Thursday, where…
