XRP saw a sharp breakdown in late trading, with a sudden wave of selling pushing price below key support. The speed of the move and lack of strong recovery suggest sellers are still in control, even as volatility compression points to a larger move ahead. News Summary • XRP fell from $1.36 to $1.33 in…
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate stock market sentiment in the coming week, analysts said, even as investors remain cautious amid persistent volatility.Trading activity of foreign investors and movements in the domestic currency are also expected to influence market direction. Focus on US data, fed outlook…
Bitcoin price expectations diverged into the weekly close as $150,000 targets met calls for a drop to levels not seen in over a year. Source link
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IREN (IREN), a bitcoin miner, completed a refinancing that combined a $2.3 billion convertible senior-note offering with a $544.3 million repurchase of existing convertible notes. The new issuance includes $1 billion of 0.25% notes due 2032, $1 billion of 1% notes due 2033 and a fully exercised $300 million greenshoe to meet excess demand. IREN…
Strong consumer spending lifted the US economy to its fastest growth rate in two years in the July–September quarter, even as job creation remained subdued and concerns over the cost of living persisted.America’s gross domestic product expanded at an annual rate of 4.4% in the third quarter, a slight upward revision from the earlier estimate…
NEW DELHI: Congress leader Rahul Gandhi on Thursday backed nationwide protests by workers and farmers demanding protection of their rights. He flagged concerns over labour reforms, trade policies, and potential changes to the rural jobs programme MGNREGA.“Workers fear that the four labour codes will weaken their rights. Farmers are apprehensive that the trade agreement will…
NEW DELHI: The festive season brings joy to many. What it also brings is opportunities for the street vendors to earn an income to feel the festive vibe themselves. In Odisha, however, an attempt to earn a living during the Christmas season took a wrong turn.A video is going viral from the streets of Odisha…
NEW DELHI: Indian exporters on Thursday flagged their concern over the charges being levied by shipping lines as well as gaps in the ECGC scheme announced by commerce department, while seeking measures to address concerns related to packaging material, which is in short supply. At a meeting on the West Asia crisis with commerce secretary…
Qatar’s state-owned energy giant, QatarEnergy, announced on Monday that it had suspended liquefied natural gas (LNG) production following Iranian drone attacks on two of its key processing facilities. The halt affects operations at Ras Laffan Industrial City, the world’s largest LNG complex, and Mesaieed Industrial City, both critical hubs for the Gulf state’s gas output.Qatar’s…
