Rupee’s Six-Day Rally Could Give Indian Crypto Buyers a Hidden Advantage
The Indian rupee strengthened for a sixth consecutive session on Friday, closing at ₹95.35 against the US dollar, up 15…
Category: Financial
India Just Injected ₹1.09 Lakh Crore Into States. Could Crypto Benefit?
India’s Union government has released an additional ₹1,09,019 crore ($12.5 billion) in tax devolution to state governments. The early transfer…
Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin
The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of…
Strategy holds STRC dividend at 12%
Holders of Strategy’s (MSTR) high-yielding preferred stock STRC will not see a dividend increase in August. Led by Executive Chairman…
Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the…
Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug.…
Where are the Ethereum founders 11 years after the genesis block?
On July 30, 2015, the Genesis Block for the Ethereum protocol was mined. The chain has become the second most…
U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships
The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted bitcoin, saying the scheme forced…
RWA perps will outpace tokenization
Tokenization has gotten nods of approval from the Larry Finks of the world. It’s top of mind for every large…
Citadel buys bulk of Situational Awareness stock portfolio after AI rout: Reports
Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded…