Asset manager VanEck explains how one bitcoin could be worth $2.9 million by 2050
The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years. Source link
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Rupee falls 11 paise! Currency enters New Year 2026 in red; trades at 89.99 against US dollar
Rupee entered 2026 on a weak note, slipping 11 paise to 89.99 against the US dollar in early trade on Thursday. This comes as persistent pressure from foreign fund outflows and trade-related uncertainty continue to cloud sentiment in the currency market. The currency fell sharply in 2025, losing nearly 5% since it crossed the 85-per-dollar…
Chairman’s abrupt exit sinks bank’s stock by 5%
MUMBAI: The sudden exit of Atanu Chakraborty, HDFC Bank non-executive chairman late on Wednesday, unnerved several of the lender’s shareholders and fund managers as it came at a time when the war in West Asia has been weighing heavily on investor sentiment. The news of Chakraborty’s resignation led to a 8.4% crash in its stock…
D-Street outlook: What could drive the market this upcoming week? Key cues to watch
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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NPCI says programmable CBDC already live
BENGALURU: At India Blockchain Week in Bengaluru on Monday, Rahul Sanskrityayan, Specialist Consultant for Blockchain at NPCI, said the Reserve Bank of India’s programmable central bank digital currency (CBDC) is already live with participating banks and is being used by the government for targeted subsidy transfers.Sanskrityayan said programmable CBDC allows funds to be restricted for…
BTC enters April at its most hated level since the war began
Bitcoin is trading at $67,100 on Sunday, roughly flat over the weekend, but the mood around it is the worst it has been since the Iran conflict began on February 28. Santiment data published Saturday shows social media commentary on bitcoin has hit a ratio of five bearish posts for every four bullish ones, the…
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AAP announces anti-gangster drive; cites clean panchayat polls | India News
NEW DELHI: The Aam Aadmi Party (AAP) government in Punjab on Thursday announced that it will launch a full-scale offensive against gangsters, modelled on its ongoing ‘Yudh Nashian Virudh’ anti-drug campaign. The announcement was made by AAP national convener Arvind Kejriwal and Punjab chief minister Bhagwant Mann while meeting newly elected zila parishad and block…