Crypto markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may have been initially bracing for much worse. On July 27, price of Bitcoin (BTC) surged around 8% to the mid $22,500 mark following the Federal Open Markets Committee … Read more
Institutional investors had been showing bearish sentiment towards Ethereum for the longest time. The second-largest cryptocurrency by market cap, which had initially caught their attention, was not doing as well as expected, and the outflows that followed were massive. However, it looks like sentiment among these large investors is beginning to turn positive as Ethereum … Read more
Lewis Hamilton’s current contract expires at the end of 2023 but he says he’s enjoying Formula 1 “more than ever” after his 300th race; Hamilton finished second at French GP, his best result of the season By Matt Morlidge at Paul Ricard Last Updated: 25/07/22 5:59am Lewis Hamilton said after his 300th F1 race that … Read more
Helped by rising interest rates, expanding retail loan book and improved credit quality, many banking stocks have outperformed broader market indices this year and experts are hopeful of a continuing rally as long as there are no major macroeconomic headwinds. While the BSE Bank index has risen by 5 per cent since the beginning of … Read more
The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC), Voyager, Babel Finance and Celsius crises remain uncertain. Moreover, the contagion has claimed yet another victim after Thai crypto exchange Zipmex halted withdrawals … Read more
Global financial major CLSA believes that the government’s recent decision of cutting the windfall tax on crude oil production and also on export is a big positive for companies like Reliance Industries, ONGC and Oil India. Earlier this week, the government announced a cut in the windfall tax on crude oil production from $40 per … Read more
On CoinMarketCap, XRP has risen to sixth place as of today, July 20, with a market value of $17.63 billion. Being able to exceed not just Binance USD but also Cardano and Solana is a noteworthy accomplishment for Ripple’s native currency. Ripple’s native token, XRP, provides a means of payment settlement between banks and digital assets … Read more
Since December 2020, Ripple hasn’t rested from negative anticipations of a crash. Instead, the crypto that seemed promising from inception started plummeting when the United States Securities and Exchange Commission (SEC) sued it. The accusation was that the company raised more than $1.3 billion illegitimately. As a result, SEC held the co-founder Christian Larsen and … Read more