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Why Elon Musk-led blockbuster SpaceX IPO may spell more bad news for cryptoThe impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting fu...- US stocks: SpaceX IPO demand is approaching four times oversubscribed, source saysSpaceX's initial public offering is seeing massive investor interest. Demand has reached over 250 billion dollars, far exceeding the 75 bil...
- Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
- US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopesUS stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter ...
- Dollar steady as Middle East peace hopes recedeMiddle East conflict fears are keeping the U.S. dollar steady as oil prices climb. Investors worry about renewed hostilities and their impa...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
- Axis Mutual Fund announces temporary suspension of subscription to units in its 3 international fundsAxis Mutual Fund has temporarily suspended subscriptions in three international funds from May 5 due to overseas investment limits. While f...
- Why US stock market surging big today on final day of April? Dow Jones, S&P 500 and Nasdaq all in green as Dow jumps record 500 points — Nvidia, Intel and Meta Platforms stocks crashUS stock market surging big today. Dow Jones, S&P 500 and Nasdaq rally as Dow jumps record 500 points. A powerful mix of blowout earnings, ...
- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- Bitcoin mining in China rebounds, defying 2021 banThe resurgence in bitcoin mining, which has also been corroborated by rig maker Canaan Inc's fast-rebounding sales in China, could act as a...
- Cryptocurrency exchanges rush to cut ties with Chinese users after fresh crackdownShares in crypto-related firms tumbled on Monday with crypto asset manager and trading firm Huobi Tech plunging 23% and OKG Technology Hold...
- China's Bitcoin crackdown sparks fears of dirtier cryptominingBitcoin's value tumbled last week after China's central bank urged banks and payment firms in the country to crack down harder on cryptocur...
- Bitcoin tumbles 10% in wake of deepening China crackdownThe world's biggest cryptocurrency, long plagued by volatility, has lost over 20% in the last six days alone
- China's cryptocurrency-mining crackdown spreads to Yunnan in southwestIn addition to concerns about the huge amounts of energy needed for the computing power to create cryptocurrencies, the central government ...
- Bitcoin ends day on the ropes after China clamps down on mining, tradingBitcoin markets operate 24/7, setting the stage for price swings at unpredictable hours, with retail and day traders driving those moves.
- More Bark, Less Bite: China crypto players shrug off latest crackdownChina's latest salvo against cryptocurrencies has driven a brutal selloff in bitcoin markets but retail traders, miners and even crypto fin...
- Bitcoin-rupee swap dives, but investors unfazedThe swap value drops to Rs 2.2 lakh per bitcoin from Rs 3.44 lakh two weeks ago.
- What triggered ripples in bitcoins?The swap value dropped to Rs 2.2 lakh per bitcoin from Rs 3.44 lakh more than two weeks ago, dealers said.
- Not particularly optimistic on Bitcoin future: Google officialMeanwhile, in a set back to the emergence of bitcoins, China has directed its banks and other financial institutions not to deal in it.
- Bitcoin puzzles regulators; advisory likely to warn of risks"The real fear is that Bitcoin can be used to help money laundering," said V Rajendran, advocate and President, Cyber Society of India.
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