Bitcoin BTC$86,849.50 has spent virtually all of December locked between $85,000 and $90,000, while U.S. equities rallied and gold hit all-time highs. That’s left bitcoin investors frustrated, and the explanation lies in derivatives mechanics. Now, those same mechanics indicate that the largest cryptocurrency could be making a break toward the high end of the range….
The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs) collectively bled $869.86 million Thursday, registering their second-highest outflow on record, according to data source SoSoValue. Investors have pulled out $2.64 billion over three weeks, signaling growing caution and shifting sentiment in the market. Thursday’s outflow coincided with Bitcoin’s fall below the key $100,000 support level and…
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NEW DELHI: Maharashtra Congress chief Harshwardhan Sapkal on Saturday stirred a controversy after he likened Chhatrapati Shivaji Maharaj with Tipu Sultan.Speaking to reporters on the controversy surrounding a portrait of Tipu Sultan displayed in the office of Malegaon Municipal Corporation Deputy Mayor Shan-e-Hind Nihal Ahmed, which was opposed by the Shiv Sena and other groups,…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday, January 27, participated in the traditional Halwa Ceremony, marking the start of the final phase of preparations for the Union Budget 2026–27, scheduled to be presented on February 1.The ceremony was held at the Budget Press in North Block, New Delhi.At the ceremony, Sitharaman was accompanied by…
Singapore’s Temasek, a global investment firm, has committed $50 billion to India and plans significant expansion in the coming years. Chairman Teo Chee Hean met with Finance Minister Nirmala Sitharaman, outlining focus areas including financial services, consumer markets, healthcare, technology, manufacturing, and renewables. Discussions covered broad investment opportunities across India. NEW DELHI: Temasek, a global…
In the roads and highways segment, the government continues to prioritize the expansion and enhancement of the national highways network. By Sushi Shyamal VemuIndia’s infrastructure sector is experiencing a significant transformation, as major developers and Infrastructure Funds shift their focus from isolated project implementation to developing large-scale infrastructure platforms. This change is driven by increased…
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Check out the companies making the biggest moves before the bell: Confluent – The Wall Street Journal published a report on Sunday that IBM is in advanced talks to seal an $11 billion deal to acquire data-infrastructure company Confluent, boosting the latter company’s shares by 27%. Broadcom — The chipmaker rose more than 2% after…
