DOT$1.7547 slipped 2% to $1.77 over the last 24 hours. Volume surged 35% above its 30-day average, according to CoinDesk Research’s technical analysis model. The session’s most dramatic action hit during a sharp intraday decline that tested critical support levels. The model showed that DOT dropped from $1.85 to $1.76 on exceptional volume of 8.81…
Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
U.S. inflation data is the major catalyst to watch this week, as it could move the needle on market sentiment and Federal Reserve interest-rate expectations. The war in the Middle East and other geopolitical risks have kept commodity markets volatile, with bitcoin BTC$68,153.83 last week failing to remain above the $70,000 mark. The U.S.-Israel conflict…
The ministry of civil aviation on Tuesday directed senior officials to conduct on-ground inspections at major airports to assess the situation firsthand and review the challenges passengers are facing.This comes as the operational breakdown at IndiGo continues to cause chaos at airports around the country. ‘Will Set An Example’: IndiGo Faces Heat As Aviation Minister…
Chinese regulators have broadened their crackdown on crypto activities, imposing strict oversight on tokenization and stablecoin issuance in a Friday notice. “Recently, influenced by various factors, speculative activities related to virtual currencies and the tokenization of real-world assets have occurred frequently, posing new challenges and situations for risk prevention and control,” said the notice, issued…
Why Rich Dad Poor Dad author thinks silver is superior to gold (Picture credit: X/@theRealKiyosaki, Google Gemini) Financial author Robert Kiyosaki on Thursday took to X to highlight silver’s rising importance in the global economy, describing it as “superior” to gold in the Technology Age. In his post, Kiyosaki wrote, “Gold and silver have been…
India’s retail inflation edged higher in February, largely on the back of rising food prices, according to official data released on Thursday.Data from the National Statistics Office (NSO) showed that inflation measured by the Consumer Price Index (CPI) rose to 3.21 per cent in February, up from 2.74 per cent in January. Despite the increase,…
NEW DELHI: Ending months of uncertainty, India and US announced the finalisation of the first tranche of the trade deal early Saturday that will see Washington lower “reciprocal tariffs” on Indian exports to 18% over the next few days and New Delhi slash levies on several American imports.The India-US joint statement came with US President…
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Supports of ₹135,000 and ₹132,000 remain intact with an immediate resistance near ₹138,000. (AI image) Gold price prediction today: Gold prices are broadly positive and investors should look to buy on tips following a staggered strategy, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. He shares his views and recommendations…
