Investment manager Brevan Howard’s cryptocurrency fund fell almost 30% last year as the bitcoin BTC$67,409.91 bull run faltered, the Financial Times (FT) reported on Wednesday. The BH Digital Asset fund lost 29.5% of its value, its worst performance in a calendar year since its inception in 2021, according to the report, which cited people familiar…
In its ‘Navigating Crypto in 2026’ outlook, the fund says non-bitcoin tokens have been sliding since late 2024, weighed down by weak value capture, slowing on-chain activity, and fading retail flows. Source link
Standard Chartered’s head of digital assets research Geoffrey Kendrick says bitcoin BTC$67,175.00 may have already put in its low for the current market cycle, arguing that a combination of improving investor flows, corporate buying and easing macroeconomic pressures points to a stronger recovery ahead. The latest call marks a shift in sentiment after several months…
Gold prices began the day on a softer note on the Multi Commodity Exchange (MCX), with the yellow metal opening at Rs 1,34,027 per 10 grams, a decline of Rs 494 or 0.37%. Despite the dip, gold has managed to stay above the key Rs 1.34 lakh level, a zone closely watched by market participants…
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NEW DELHI: India and the US remain in touch over a possible meeting between Prime Minister Narendra Modi and US President Donald Trump on the margins of the G7 summit in France next week. A final confirmation, however, is still awaited as the two sides work around scheduling constraints to finalise the proposed meeting.PM Modi…
NEW DELHI: A bomb scare was reported on an IndiGo flight scheduled to operate from Kolkata to Shillong on Saturday morning, prompting authorities to evacuate passengers and move the aircraft to an isolation bay for checks. Netaji Subhas Chandra Bose International Airport, Kolkata Airport Director said, “Bomb scare in Kolkata to Shillong IndiGo 6E3074, which…
Lawmakers will (finally) vote on a market structure bill next week. Source link
MUMBAI: The Rs 25,000-crore rights offer for Adani Enterprises, the flagship of the Adani Group, closed with 108% subscription with the public portion subscribed 130%. The promoters of the company who hold 74% in the company had said that they would participate in the rights offer to subscribe to their full quota. The public portion…
BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. “While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any…
