Nitish Kumar while leaving after attending a cabinet meeting at the Old Secretariat in Patna. Samrat Choudhary, who is now the Bihar CM, and others were also seen. (PTI photo) With Nitish Kumar stepping aside, Bihar’s political transition has unfolded much as expected since he announced his move to the Rajya Sabha. Once Nitish signalled…
Bitcoin’s BTC$74,513.31 outperformance during the Iran conflict doesn’t fit the standard playbook, and Bitwise CIO Matt Hougan thinks he knows why. The largest cryptocurrency has gained 12% since U.S. and Israeli airstrikes began Feb. 28, while the S&P 500 has fallen 1% and gold 10%. For an asset routinely dismissed as a leveraged tech bet…
Crypto asset manager Bitwise has filed an amended registration statement with the U.S. Securities and Exchange Commission for a proposed exchange-traded fund (ETF) tied to Hyperliquid’s HYPE The updated S-1 for the fund, which would hold HYPE directly and list on NYSE Arca, said it would trade under the ticker BHYP. The fund aims to…
With Mercury’s presence, tread carefully both on the road and in your workplace, as it may invite distractions and lead to unexpected setbacks. Embrace patience; small disagreements at home could snowball into larger issues. Professionally, ensure all communications are meticulously reviewed to dodge any possible mistakes. Keep your eyes open, especially on the road. Mercury…
The Goldman Sachs Bitcoin Premium Income ETF primarily will offer exposure to other Bitcoin exchange-traded products, but the fund won’t hold BTC directly. Goldman Sachs has filed with the U.S. Securities and Exchange Commission (SEC) for the Goldman Sachs Bitcoin Premium Income ETF, marking the Wall Street giant’s first foray into issuing its own crypto…
NEW DELHI: India’s pharmaceutical industry must focus on both generics and innovative products, as well as develop products specially tailored for the country’s patient needs. Domestic companies particularly smaller to mid-sized players can carve out a strong role in rare diseases and niche patient segments, where agility and specialised research can drive meaningful breakthroughs, pharma…
NEW DELHI: “Wanted the unborn child to be a boy, but when he found out it was a girl, he tried to get an abortion, which his wife opposed. He then planned to kill his wife and took his two daughters with her to a swimming pool, throwing them into the water. We’ve registered a…
DeFi protocol ZeroLend’s decision to shut down after three years in February, citing thin margins, hacks and inactive chains, landed with a tone the market now recognizes. Another reminder that the industry’s early optimism has given way to a far more demanding reality. Zeroland isn’t alone. Several DeFi protocols and adjacent crypto platforms have wound…
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), said it added another $600 million to its investment in prediction market platform Polymarket, closing out a previously announced funding agreement between the two firms. The new capital comes on top of a $1 billion investment ICE made in October. ICE also…
NEW DELHI: The Centre’s move to slash excise and impose windfall tax on diesel and aviation fuel will leave it poorer by around Rs 1.3 lakh crore if the energy crisis due to the West Asia conflict persists for a full year.An early resolution will reduce the pressure on oil prices and consequently on govt…