Tag: crypto

Bitcoin rises 20% in a week as lower Treasury yields, a $2.7 billion short squeeze and Clarity Act hopes fuel a sudden crypto market rally. (REUTERS/ Representational)
Posted in Business

Why is crypto suddenly rallying? Bitcoin jumps 20% as $2.7 billion short squeeze hits

Bitcoin was on track to gain around 20% this week as of early Friday. The world’s largest cryptocurrency has jumped sharply after several positive developments…

Continue Reading
Bitcoin may face tougher competition from AI stocks over the next five years (Pexel/Representative image) (Pexel)
Posted in Business

Why bitcoin could lose its edge to AI stocks over the next 5 years

Bitcoin has been a major disappointment for investors over the last five years, especially when compared with the strong performance of technology stocks during the…

Continue Reading
A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
Posted in Business

Your Money: Nail the middle path, stop chasing the highest return

Is your money doing one of two things: snoozing in a bank deposit that barely keeps pace with inflation after tax, or chasing the latest…

Continue Reading
Image for Crypto exchange Blockchain.com confidentially files for IPO
Posted in Startups

Crypto exchange Blockchain.com confidentially files for IPO

Synopsis A major cryptocurrency exchange has taken a significant step towards going public. The company has confidentially filed for an initial public offering in the…

Continue Reading