Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users withdrew roughly $201.9 million worth of tokens on the Ethereum…
Indraprastha Gas Limited (IGL) on Tuesday announced another increase in Compressed Natural Gas (CNG) rates, taking the tally of hikes to four within a span of less than two weeks. The latest revision saw CNG prices go up by Rs 2 per kg. The latest increase comes after IGL raised CNG prices by Rs 2…
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Stock market outlook: The markets this week were driven by macroeconomic pressures and mixed global cues. Domestically, the rupee slid to a fresh record low of 90.56 against the US dollar, dampening risk sentiment. However, some relief came after the US Federal Reserve announced a 25-basis-point rate cut, while optimism over progress in India–US trade…
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Cryptocurrency markets had a small rebound following last week’s dip, as investor activity wound down during the holidays. Bitcoin (BTC) fell to a weekly low of $86,561 on Tuesday, before bouncing back above $88,600 on Friday, according to TradingView data. Spot Bitcoin exchange-traded funds (ETFs) demand remained weak, recording $175 million in outflows on Wednesday,…
The cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday. The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick. “Winter is over. Welcome back to crypto Spring,…
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Bitcoin BTC$95,137.82 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. The largest cryptocurrency is again underperforming U.S. stocks, with major U.S. indices holding onto minor gains a few minutes prior to the end of trading. BTC…
NEW DELHI: Prime Minister Narendra Modi concluded his five-nation tour of the United Arab Emirates (UAE), the Netherlands, Sweden, Norway and Italy, during which he presented a range of culturally significant gifts to world leaders, highlighting India’s traditional crafts, agricultural diversity and musical heritage.PM Modi had gifted his Italian counterpart Giorgia Meloni with two handpicked…
