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DIGITAL ASSETS SLUMP
US stock market crash explained: Why did Nasdaq plunge 4% to log worst day in over a yearWall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about s...- Bitcoin falls to pre-Iran conflict low as crypto slide extendsBitcoin experienced its lowest point since the start of the Iran conflict, dropping over 5% to below $62,000. This decline follows Strategy...
- That sinking feeling: Rupee@100 is a mental fear, not macro nightmareThe rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of...
- Canara Bank sees NIM floor at 2.5%, confident of absorbing ECL hit without fresh equityCanara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...
- Thailand to allow foreign tourists to convert Crypto to BahtThailand will launch the TouristDigipay program in late 2025, allowing foreign tourists to convert digital assets into baht for local spend...
- Bitcoin sinks after Trump’s executive order disappoints marketPresident Trump has signed an executive order creating a strategic Bitcoin reserve and a stockpile of other digital assets, using Bitcoin a...
- Crypto sell-off deepens as weak economic data dampens risk-takingU.S.-listed shares of crypto-linked companies slumped as bitcoin fell more than 15% on Monday, after weak economic data last week triggered...
- Commerzbank wins crypto custody licence in digital assets pushThe license will allow the bank to “build up a broad range of digital asset services, with particular emphasis on crypto assets,” the Frank...
- Crypto rues Bitcoin’s decoupling from AI-fueled tech stock gainsBitcoin's correlation with technology stocks has weakened, as the digital asset posted a monthly slump for the first time this year, while ...
- Bitcoin thrives in chaos, breaks above $28,000 for first time since JuneBroader markets fluctuated in the past week after a handful of US lenders failed, and fresh concerns arose around Credit Suisse Group AG be...
- NFT marketplace OpenSea slashes 20% of jobsOpenSea's NFT sales volume on the ethereum blockchain plunged to $700 million in June, down from $2.6 billion in May and a far cry from Jan...
- Crypto assets shed $800 bn in market value in a monthBitcoin, which makes up for nearly 40% of the crypto market, hit a 10-month low earlier on Tuesday, before rebounding to $31,450, just six ...
- Bitcoin falls below $30,000, lowest since July 2021Bitcoin's value has more than halved since a November surge that saw the token hit a record of nearly $69,000.
- Bitcoin tumbles 7% to lowest since July as Ukraine conflict fears shake marketsThe largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in N...
- Most institutional investors expect to buy digital assets, study findsMore than half of the 1,100 institutional investors surveyed globally by Coalition Greenwich on behalf of Fidelity Digital Assets between D...
- Bitcoin slides in worst weekly drop since March amid selloffThe digital token slumped 20 per cent this week, the most since the pandemic-fueled selloff last March. The wider Bloomberg Galaxy Crypto I...
- Bitcoin heads for worst weekly slide in a year amid risk selloffHeavy selling in the Grayscale Bitcoin Trust, the world’s largest such fund, as well as the expiry of Bitcoin options are also contributing...
- Bitcoin steadies after biggest slump since March market meltdown“After big rallies in shares and various other assets, they are all vulnerable to a bit of a pause,” said Shane Oliver, head of investment ...
- Zensar Tech to divest its non-core armsThis is in line with the company’s decision to focus on and invest in the core markets of the US, Europe and South Africa.
- Bitcoin roars back, jumps 20% from Friday's low to hit $4,000China banned fundraising by selling digital coins, known as initial coin offerings.
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