It says a lot about the ever-bullish outlook of Ark Invest CEO Cathie Wood that she predicted bitcoin to reach $1.2 million by 2030, and it was, in fact, a downgrade. Cathie Wood made her forecast for BTC’s price in November 2025, slightly revising the target down from $1.5 million based on the explosive rise…
In its sharpest single-day fall in more than a month, the rupee tumbled nearly 0.9 per cent to close at a record low of 95.31 against the US dollar on Monday as surging crude oil prices and escalating US-Iran tensions rattled financial markets, Reuters reported.The currency slide came after US President Donald Trump rejected Iran’s…
After more than a decade building infrastructure for exchanges, financial institutions and central banks, R3 saw the market starting to bend in a new direction. About a year ago, the firm initiated a strategic reset, asking a simple but fundamental question: what is the best way for customers to move assets fully onchain? Todd MacDonald,…
On a weekday afternoon at a govt college in central Karnataka, the student notice board is crowded with circulars on examinations, scholarships and cultural events. What’s missing, however, are printed campaign posters, and hand-written appeals for votes or calls for debates that once defined campus life in the state. It has been nearly four decades…
Law firm Gerstein Harrow LLP filed a new motion on Thursday in a miscellaneous enforcement lawsuit, asking the court to compel stablecoin company Tether to hand over more than $344 million in frozen USDt linked to Iranian entities. The motion claims that the plaintiffs are owed more than $532 million in compensatory damages and more…
Bitcoin BTC$71,184.51 slipped below $71,000 on Wednesday as Federal Reserve Chair Jerome Powell flagged rising oil prices amid the war in Iran as a new inflation risk. The Fed held interest rates steady as expected, but during his post-meeting press conference, Powell acknowledged that the recent surge in energy prices is already feeding into the…
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Indian equity benchmarks closed on a crash tone on Tuesday, mirroring cautious investor sentiment amid persistent foreign fund outflows, geopolitical tensions and uncertainty over global trade. The 30-share BSE Sensex closed at 82,180.47, down 1,066 points or 1.28 per cent, while the NSE Nifty50 closed at 25,232.50, down by 353 points. Top gainers in Nifty50…
Top stocks to buy (AI image) Stock market recommendations: APL Apollo Tubes, and HDFC Asset Management Company are Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities’ top stock picks for this week. Below are his stock picks and also views on Nifty.Nifty ViewThe benchmark index Nifty continues to inch higher; however, this phase…
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