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The Sharpe Ratio for XRP (XRP), a measure of return per unit of risk, turned slightly positive on March 26, after spending months near or below zero between October 2024 and February 2025. A 30-day average return of 0.00063 supports this positive shift, while the Sharpe ratio stands at 0.0267, which reflects that the “current…
One of the crypto industry’s longtime Republican allies in Congress introduced a bill to allow individuals and businesses to pay taxes in bitcoin BTC$83,754.42 without triggering capital gains liability and also directing the funds to the U.S. Strategic Bitcoin Reserve — providing a new funding mechanism for the federal crypto stockpile that hasn’t yet been…
Ripple on Thursday introduced native digital asset capabilities inside its enterprise treasury management system, letting corporate finance teams hold, view and manage XRP and RLUSD alongside traditional fiat balances for the first time within a single platform. The two features, called Digital Asset Accounts and Unified Treasury, are built on GTreasury, which Ripple acquired in…
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BENGALURU: Space engineering firm Dhruva Space Thursday announced Polar Access-1 (PA-1), its most integrated launch programme so far, under which it will support 10 space missions serving multiple Indian states and two countries aboard Isro’s PSLV-DL-C62, scheduled for lift-off at 10.17 am on Jan 12.Billed as a structured pathway to Sun-Synchronous Orbit, PA-1 brings together…
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Citadel rebuked New York City Mayor Zohran Mamdani for singling out Chief Executive Officer Ken Griffin in a push for a new pied-à-terre tax, escalating a public dispute…
MUMBAI: The Reserve Bank of India (RBI) has invited public comments on the draft “Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026”, proposing a revised framework for declaration of dividends and remittance of profits by banks.The central bank said it had undertaken a review of the existing guidelines on…
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The government informed Parliament on Friday that 5,945 Indian nationals were evacuated from Israel, Iran, Syria and Iraq over the past three years amid safety concerns in the region.In a written reply to a starred question in the Lok Sabha, external affairs minister S. Jaishankar said the operations included Operation Ajay in Israel in 2023…
