Wall Street bank Citigroup is dialing back expectations for Coinbase (COIN) amid a risk-off mood gripping markets. In a Friday note to clients, the bank’s analysts lowered their price target on the crypto exchange to $400 from $505, citing weaker trading volumes, softer institutional activity and ongoing uncertainty around the timing of U.S. crypto legislation….
Former Haryana chief minister Bhupinder Singh Hooda, with Karamvir Singh Boudh, who was elected as Rajya Sabha MP from Haryana NEW DELHI: The Congress on Tuesday accused the BJP of attempting “vote chori” and “murdering democracy” in the Haryana Rajya Sabha elections, even as the party asserted that it would take the “strictest possible action”…
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BENGALURU: OpenAI, the company behind ChatGPT, has hired former JioStar CEO Kiran Mani as managing director for Asia-Pacific, as the AI firm steps up its regional expansion amid strong user growth in markets including India. Mani is set to join in June. He will report to Jason Kwon and lead regional strategy and operations across…
Bitcoin miner American Bitcoin (ABTC) reported a third-quarter profit and said revenue more than doubled from the year-earlier period as it expanded its mining capacity and completed its first full quarter as a publicly traded company. Net income at the Miami-based company 20% owned by Donald Trump Jr. and Eric Trump rose to $3.47 million,…
New Delhi: In fresh action against Anil Ambani and his Reliance group entities, ED on Tuesday said it has attached his family properties worth another Rs 3,035 crore, including a flat in Usha Kiran building in Mumbai and a farmhouse in Khandala (Pune), taking attachments to nearly Rs 20,000 crore in the ongoing money laundering…
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Cryptocurrency markets remained on the back foot Friday as macroeconomic signals from Japan, one of the world’s largest economies, compounded uncertainty driven by the Iran war. Bitcoin BTC$77,775.67 hovered near $77,800, having struggled to break above the Thursday high of $78,700 during the early Asian trading hours, according to CoinDesk data. The broader uptrend, which…
