(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore (about $253 million), doubling down on early stage consumer brands as it chases the next wave of health, wellness and lifestyle companies in India. The new vehicle takes the firm’s total assets…
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Coinbase CEO Brian Armstrong has claimed Bitcoin provides healthy competition for the US dollar, which in turn pressures policymakers to maintain fiscal discipline and helps preserve the US dollar’s dominance. “[Bitcoin] provides a check and balance on the dollar in the sense of if there’s too much deficit spending or inflation in the US, people…
Shares of Bharat Heavy Electricals Ltd (BHEL) fell 6% in early trade on Wednesday, after the government announced an Offer for Sale (OFS) to reduce its stake in the company. On NSE, the BHEL stock was down 16 points or 5.80% to 260.10 at 11:20 am. On the Bombay Stock Exchange, the share price was…
NEW DELHI: BJP’s IT cell chief Amit Malviya on Wednesday launched a scathing attack on the Trinamool Congress chief Mamata Banerjee, using a ‘#PAY2TMC’ and ‘Tolabazi’ jibe to target her party over alleged corruption and cash-for-service politics ahead of assembly polls.In a post on X, he referred to the party’s alleged cash-for-service culture and digital…
The stablecoin sector is expected to grow to $500 billion, while altcoin ETFs are projected to reach $10 billion, driven by regulatory clarity and adoption. Source link
ProShares unveiled the first U.S.-listed exchange-traded fund (ETF) designed to target the performance of the CoinDesk 20 Index, expanding options for investors seeking broad exposure to crypto markets. The CoinDesk 20 Crypto ETF (KRYP) is the first ETF tied to the benchmark of 20 of the largest and most liquid digital assets, ProShares said in…
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