Bitcoin BTC$68,605.68 began the year on a painful note, even as equity markets remained buoyant. But stock traders’ luck is now running out, as rising bond yields pressure valuations. Prices for bitcoin plunged to nearly $60,000 from around $90,000 in the first five weeks of the year, according to CoinDesk data. The decline marked a…
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GameStop’s (GME) bitcoin stack was worth $519.4 million at the end of the third quarter (Nov. 1), with the company recording a $9.2 million loss digital asset holdings during the period. Bitcoin BTC$92,418.95 fell from roughly $115,000 to about $110,000 during the three months ended Nov. 1. The video game retailer likely continued to hold…
Former Bihar chief minister and RJD leader Rabri Devi (PTI) NEW DELHI: Central Bureau of Investigation (CBI) on Saturday opposed former Bihar Chief Minister Rabri Devi’s request to transfer criminal cases from the court of Special Judge Vishal Gogne, arguing before a Delhi court that the plea amounted to “forum-shopping” and was meant to “demean…
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MUMBAI: The rupee fell 23 paise to close at 92.04 against the US dollar on Wednesday, down 0.2%, as volatile oil prices and a sharp fall in domestic equities weighed on the currency. Intermittent dollar sales by state run banks on behalf of RBI limited the losses.Oil prices firmed above $90 per barrel after the…
Two decades after debuting with a box office failure that drew harsh reviews, Skydance Productions is now poised to become one of the most powerful forces in global entertainment, with a proposed takeover of Warner Bros. Discovery marking the latest chapter in its dramatic rise, according to news agency AP report.Founded in 2006 by David…
