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Long-term holders (LTH) of bitcoin BTC$88,429.55 have shifted back into accumulation for the first time since July. LTHs, defined as entities that have held bitcoin for at least 155 days, have accumulated roughly 33,000 BTC on a 30-day net basis, according to onchain data analysts checkonchain. Selling from LTHs has been one of the two…
With strengthening expectations of global rate cuts and India’s growth prospects validated by robust GDP figures, market experts indicate a favourable medium-term market outlook. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday on the back of strong domestic fundamentals and better-than-expected GDP growth numbers….
HONG KONG — Oleg Ogienko, A7A5’s director for Regulatory and Overseas Affairs, is looking to debate anyone who accuses him of breaking any compliance laws through his stablecoin company. Speaking to CoinDesk during Consensus Hong Kong, the public face of the Ruble-denominated stablecoin issuer A7A5 — which grew faster last year than USDT or USDC…
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India’s forex reserves have become more balanced over time, with more gold and some diversification beyond the US dollar. (AI image) A country’s foreign exchange reserves act as the first line of defence against external volatility. In times of global economic turmoil such as the present Middle East conflict, forex reserves are the armour that…
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