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Several Bitcoin (BTC) data points suggest that $80,000 is the next destination for the cryptocurrency. Bitcoin gained 2.52% to trade above $78,800 on Friday after holding support at the 100-day exponential moving average. Spot market buy volumes also strengthened while the cumulative volume delta (CVD) reached 11,500 BTC, its highest level since Feb. 17. BTC…
These are some of the stocks posting the largest moves midday. Source link
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NEW DELHI: Central Electricity Authority (CEA) has proposed a nationwide overhaul of electricity tariffs, recommending a sharp increase in fixed monthly charges paid by consumers as power distributors struggle to recover costs amid rising rooftop solar adoption and migration of industries to captive power.The proposal could eventually mean consumers paying a larger portion of their…
HYDERABAD: Pharma major Aurobindo Pharma is acquiring the non-oncology prescription business of Mumbai-based Khandelwal Laboratories Pvt Ltd on a going concern, slump sale basis for a cash consideration of Rs 325 crore in a move aimed at strengthening its presence in the domestic formulations market.The acquisition, done through its wholly owned subsidiary Auro Pharma Limited,…
NEW DELHI: A steep cut in NEET-PG qualifying standards has led to postgraduate medical seats in govt colleges being filled at shockingly low scores – including in high-risk clinical specialties – triggering alarm across the medical fraternity, reports Anuja Jaiswal. The impact was stark in third-round PG counselling, where candidates secured seats in govt medical…
The smart money allocating to bitcoin bought the panic last week. Then it sold the rally to everyone else. Whales holding between 10 and 10,000 bitcoin accumulated heavily between Feb. 23 and March 3, when bitcoin was trading between $62,900 and $69,600, according to Santiment. That window covered the worst of the Iran war sell-off…
