Bitcoin (BTC) underperforms risk assets as record 9th day of ETF outflows signal waning demand: Crypto Daily

Bitcoin BTC$73,565.90 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers. Risk assets broadly advanced after reports that U.S.-Iran negotiations could reopen the Strait of Hormuz, a vital oil passageway, lifted sentiment. “The expectations of a…

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Annamalai arrested: TN police detains BJP workers for protesting garbage dumping; BJP calls it ‘condemnable’ | India News

NEW DELHI: The Tamil Nadu police on Thursday ‘arrested’ former BJP state president K Annamalai along with other party workers protesting against “dumping of waste from Tiruppur city at Chinnakalipalayam village,” BJP said.BJP alleged that it drew the Stalin government ire for supporting and protesting along with the the local residents against the decision of…

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‘Strategic mistake’? Hundreds of IndiGo flights canceled as new pilot duty norms kick in – top things to know about new DGCA roster rules

IndiGo, India’s largest airline, has delayed or cancelled hundreds of flights over the past two days as it struggles with new pilot rest and duty-hour norms, even a month after the aviation regulator implemented them. The airline, which operates around 2,300 domestic and international flights each day, said on Wednesday that a “multitude of unforeseen…

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Markets watch: Asia stocks slip as rate cut hopes fade; crude prices retreat after Russian exports resume

File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…

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