Bitcoin breakout or black swan? $90K BTC price lacks gold, stocks high
Source: Coin Tegraph Bitcoin bulls have sealed BTC price all-time highs in US dollar terms but have yet to match macro asset records from 2021. Read Full Article
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Solana has 100M active wallets, but most are empty
Source: Coin Tegraph Although Solana’s active address count has climbed to 100 million, most wallets appear to hold little or no SOL. Read Full Article
Cyprus freezes crypto applications ahead of EU-wide MiCA transition
Source: Coin Tegraph The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA. Read Full Article
Outlook 2025: Indian stock market to stay buoyant in 2025, says ITI MF, suggests 5 sectors & themes to bet on | Stock Market News
Source: Live Mint Market outlook: The Indian equity markets remained resilient for a major part of the calendar year (CY) 2024, despite challenges posed by sticky inflation, weaker-than-expected Q2FY25 earnings, general election outcomes, FII outflows, and geopolitical uncertainty. Despite these headwinds, India’s benchmark indices, the Nifty 50 and Sensex, delivered positive returns of 11.35% and…
Tether working with US lawmakers to shape stablecoin policy: report
Source: Coin Tegraph According to data from CoinMarketCap, Tether has a market capitalization of over $142 billion — making it the largest stablecoin issuer. Read Full Article
HDFC Bank revises fixed deposit (FD) interest rates: A comparison with SBI, Axis, and Punjab National Bank | Mint
Source: Live Mint India’s biggest private lender, HDFC Bank, has revised fixed deposit (FD) interest rates for both senior citizens and the general public. For deposits in the range of ₹3 crore to ₹5 crore, the bank will now offer interest up to 7.40% for the general public and 7.9% for senior citizens on the…
Polymarket faces scrutiny over $7M Ukraine mineral deal bet
Source: Coin Tegraph Polymarket, the world’s largest decentralized prediction market, is under fire after a controversial outcome raised concerns over potential governance manipulation in a high-stakes political bet. A betting market on the platform asked whether US President Donald Trump would accept a rare earth mineral deal with Ukraine before April. Despite no such event…
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
Source: Coin Tegraph The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121. Read Full Article
RBI policy: MPC keeps repo rate unchanged at 6.5%, shifts stance to neutral
Source: Business Standard The RBI kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 5-1 (Photo: PTI) 4 min read Last Updated : Oct 09 2024 | 10:32 AM IST The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday,…
RBI Policy: Is a repo rate cut on the horizon after US Fed holds interest rates steady? | Stock Market News
Source: Live Mint The US Federal Reserve’s decision to keep its policy rate unchanged in the 4.25%-4.50% range, along with its guidance for two rate cuts in 2025, has triggered fresh discussions on how central banks across the globe, including the Reserve Bank of India (RBI), will respond. The RBI had initiated the repo rate-cut…