Investment bank KBW upgraded TeraWulf (WULF) to “outperform” from “market perform” while raising its price target to $24 from $9.50. The bank said the market is underestimating the earnings upside from the company’s shift away from bitcoin BTC$87,613.81 mining toward AI and high-performance computing (HPC) leasing. “We think investors underappreciate the magnitude of the BTC…
By Omkar Godbole (All times ET unless indicated otherwise) Friday’s crypto markets are a sea of green, bouncing from yesterday’s brutal drubbing in a classic oversold rebound. But real risks linger, threatening any lasting recovery. Bitcoin has climbed back to $65,000 after flirting with $60,000, with BlackRock ETF action hinting at capitulation, that is, long-term…
Bitcoin is now down 55% against gold from its December 2024 peak. Source link
NEW DELHI: Union minister Ashwini Vaishnaw on Thursday thanked leader of opposition Rahul Gandhi after he hailed job creation at Foxconn in Karnataka.Vaishnaw said that the Congress leader has acknowledged “the success of Prime Minister Narendra Modi’s ‘Make in India’ programme.”“Thanks Rahul Gandhi for acknowledging the success of PM Shri @narendramodi Ji’s ‘Make in India’…
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Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk. SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether spot ETFs showed $57 million in outflows. The biggest single-day…
The U.S. stablecoin law prohibits paying interest on stablecoins, but Anchorage aims to offer a template to distribute yield-like rewards to token holders to stay compliant. Source link
Confirmation of Ahmedabad as the host city for the 2030 Commonwealth Games (CWG) has sounded the starting gun for an accelerated infrastructure race across the Ahmedabad-Gandhinagar belt. The Commonwealth Sport General Assembly’s approval on Wednesday has pushed the twin cities into delivery mode, with officials stressing that major venue construction plans are locked into a…
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In a move that will benefit thousands of state employees, the Madhya Pradesh government has decided to increase the dearness allowance (DA) to 58%, aligning it with the rate currently given to central government employees.The revised allowance will be applicable from April 2026 and will be paid with the May salary. The decision also covers…
