Bitcoin BTC$71,000.30 has pulled above $70,000 on news of the Iran ceasefire, but the rally is, for now, fairly cautious. There may be good reasons for that. One of the more reliable signals for gauging where bitcoin may be headed comes from tracking margin long positions on Bitfinex. These positions, which reflect bullish bets funded…
Representative image (PTI) HYDERABAD: Several residents of Hyderabad’s old city Tuesday contacted a booth-level officer (BLO) of the Election Commission to help them identify their names on the 2002 electoral rolls as part of the pre-SIR mapping exercise. To their shock, instead of someone who knew the rulebook, they were approached by a sanitation worker…
Welcome to our institutional newsletter, Crypto Long & Short. This week: Bob Williams on how stricter crypto regulations in Asia are putting more personal responsibility on senior leaders, making strong governance and D&O insurance essential. The FBI’s Haidy Grigsby on how crypto scams are increasingly targeting experienced investors by building trust and tricking them into…
CHENNAI: Ahead of the April 23 election for the 234-member Tamil Nadu assembly, the Election Commission of India on Wednesday replaced the state’s chief secretary, N Muruganandam, with senior bureaucrat M Sai Kumar and DGP (armed police, vigilance and anti-corruption) S Davidson Devasirvatham with Sandeep Mittal, a 1995-batch IPS officer, a decision that drew an…
NEW DELHI: Government on Wednesday cleared the draft bills for amendments to the women’s reservation law, paving the way for Parliament to take up the legislations for implementation of 33% reservation for them in Lok Sabha and state assemblies from 2029.The draft bills, approved by the cabinet, will be introduced in the special Parliament session…
Morgan Stanley’s spot bitcoin exchange-traded fund (ETF) began trading Wednesday with solid early activity, logging more than 1.6 million shares traded and roughly $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark 4 PM New York Settlement Rate and charges a 0.14% expense ratio. It…
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SRINAGAR: The court of additional sessions judge, Srinagar, designated as a special court under the NIA Act, Tuesday remanded two Pakistani Lashkar-e-Taiba (LeT) terrorists and their Kashmiri accomplice in 10-day police custody, citing the gravity of their offences.Police arrested the trio — Pakistani LeT ultras Abdullah alias Abu Hureira and Khubaib alias Usman Bahi, and…
Network News BERNSTEIN SAYS QUANTUM THREAT TO BITCOIN IS REAL BUT MANAGEABLE: Wall Street broker Bernstein said the rise of quantum computing poses a credible but manageable threat to Bitcoin and the broader crypto ecosystem, as recent breakthroughs compress timelines for potential attacks on modern cryptography. Advances such as Google Quantum AI’s reported reduction in…
The Pakistan-brokered temporary ceasefire – after 6 weeks of a brutal war in the West Asia region – was welcomed by India in an official statement in which the government also expressed hope that the truce will lead to a lasting peace in the region. Stressing that the conflict had already caused immense suffering to…
