Adani companies lost billions in market after a short-seller report accused the group of fraud.Indranil Aditya | Bloomberg | Getty ImagesStocks in the Asia-Pacific mostly fell on Monday as shares of Adani Group remained volatile after the conglomerate rebutted short seller firm Hindenburg's accusations of embezzlement and fraud.India's Nifty 50 Index traded 0.3% lower after…
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On January 29, Bitcoin price has surged over 2.5%, with the leading cryptocurrency reaching a price of over $23,500. The surge in bitcoin’s price has been fueled by institutional buying and the expectation of further adoption. The technical outlook is suggesting bullish predictions for BTC’s future...
XRP is the sixth-largest cryptocurrency by market capitalization and has been on a roller coaster ride in the past year. With its price going up and down, many investors are wondering what the XRP price prediction will be and if can it reach the $5 mark this year. ...
The state of New York has announced a new bill that would allow agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state. Introduced on January 26 by Democratic Assembly Member Clyde Vanel, the New York State Assembly Bill A523 legislation suggests changes to the…
The White House has published a roadmap asking authorities to increase enforcement and ramp up efforts to regulate the crypto sector. In an official blog on Friday, the Biden Administration detailed its plans to address potential risks from cryptocurrencies in a roadmap that calls for authorities to “ramp up enforcement where appropriate” and Congress “to step up…
Bitcoin and Ethereum have been two of the most popular digital assets in the world, with their prices having seen a huge surge since their inception. As more and more people become interested in cryptocurrencies, it is important to understand what factors could propel Bitcoin and Ethereum to new heights. ...
Katie Stockton expects a pullback in Bitcoin price ahead. She explained her “neutral” view on CNBC’s “Squawk Box”. Bitcoin has climbed roughly 40% since the start of 2023. Bitcoin has now surpassed the key $23,000 level but Katie Stockton of Fairlead Strategies continues to recommend caution as the recent rally could reverse just as easily...
Moody’s wants to build a scoring system for stablecoins as the market grows amid increased regulatory attention. The system will provide an rating system for the top stablecoins based on quality of their reserve attestations. The leading stablecoins by market cap today are Tether (USDT), USD Coin (USD) and Binance USD (BUSD...
60% of respondents are convinced Ethereum will a better investment in 2023. Bitcoin is also seen as one with huge potential, while other coins attracting institutional investors are Polkadot, Cardano and XRP. Speculative interest and exposure to distributed ledger technology are main reasons for increased interest...
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and also cut its staff by 20% amid the crypto bear market and impact of FTX collapse...