Market news: India, forex & crypto

Europe’s largest asset manager Amundi tokenizes equity index fund on Ethereum

The new share class offers blockchain-based exposure to an index tracking 600 companies across European markets.

S&P 500 Plunges, Wall Street Fears Circuit Breaker, Just One Day After Trump Celebrated Record Highs

A day after Trump celebrated stock market records, the S&P 500 sank 3.8%, putting emergency trading halts in focus as AI stocks dragged Wall Street sharply lower during Thursday trading.

Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading

Bitcoin Magazine Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading Bull Bitcoin announced deep Payjoin integration with its exchange, claiming to be the…

South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward

Bitcoin Magazine South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward South Korea’s government plans to push back its tax on cryptocurrency gains by another two years to 2029,…

Sula Vineyards Q2 Results: Net profit surges 35% on premium wine sales, wine tourism growth

Sula Vineyards reported a 35% year-on-year rise in Q2 FY27 net profit to ₹8 crore, while revenue increased 3.5% to ₹135.5 crore. The board approved diversification into de-alcoholised wines and a hotel at York Winery…

Europe Close: AI and chip liquidation drags equities lower in US, but Europe is mixed.

As London and European traders head home, the main story is the liquidation in US stocks. AI and chip names are taking the hardest hit as investors weigh the path forward after the US midterm elections. Yesterday, the…

Paraguay president resigns after collapse of Ueno digital bank

Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their funds.

AUDUSD sellers have pushed to the lowest level since mid-October. What next?

Sellers have been leaning against retracement levels. Going back to last week, the rally in the AUDUSD stalled near 0.7065, the 50% retracement of the move down from the September 9 high. Staying below, kept the seller…

Hollywood Studios Quietly Ban Staff From Betting on Prediction Markets: Report

Employees are being told not to bet on casting news, release dates or earnings, though experts say the rules will be hard to enforce.

Oil cracks are beginning to fall and refineries are pointing to more normalization

The price of oil at $89 isn't that big of a problem for consumers or businesses. Crude has come down dramatically this week and a big part of that is expectations that Trump or Congress will find a way to open Hormuz and…

Solana Labs’ Leap Launches Mobile App for Trading Tokenized Stocks and Crypto

Leap, built by the team behind Dialect, launched a beta iPhone app for trading tokenized stocks, ETFs, metals, currencies and crypto on Solana, pitching itself to traders looking beyond meme coins.

What is TraderTraitor, the hacking squad behind the $6.3 billion Binance heist?

The hacking group has been behind some of the crypto industry's most recent high-profile thefts.

Canary’s Injective ETF debuts on Nasdaq with exposure to staking rewards

Canary Capital's Staked INJ ETF debuts on Nasdaq, giving investors exposure to Injective's INJ token plus staking rewards reflected in NAV.

Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million

Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices.

Bitcoin crashes 6% to 7-week low as US stocks erase election gains

Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap sell-off, reversing post-election gains.

Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily

Bitcoin Magazine Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily Keel Infrastructure sold its entire bitcoin treasury in the third quarter, offloading 2,520 bitcoin for $192 million and…

Bitcoin falls with risk off sentiment. The price is testing a key swing area target.

Recall that Bitcoin moved higher with stocks on Wednesday, pushing back above $79,146 and into the old swing area that extends to $81,930. The move gave buyers a shot at taking back more control. To do that, they needed…

Democrats to Push Broader Crypto Market Structure Bill After Sweeping US Midterms: Report

Analysts said that the Clarity Act's path has become tougher, while advocacy group Stand With Crypto has endorsed 27 winning candidates so far.

Barkin sees interest rate hikes ahead, but at a gradual pace

In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.

Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out

Bitcoin plunged nearly 5% as AI stocks sank, Democratic midterm wins raised fresh policy questions, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.

Crypto for Advisors: Where investors stake crypto shapes how much of the reward they keep

Nasdaq Composite breaks the July low in 5.5% rout

The rout is on in stock markets. The Nasdaq Composite broke the 200-day moving average at the open and it's been non-stop selling from there. The index has now cut through the July low and is trading at the worst levels…

Anchorage Digital seeks CFTC swap dealer registration for crypto options business

Anchorage Digital has applied for CFTC swap dealer registration and plans to offer European-style bitcoin and ether options if approved.

U.S.-Sanctioned Moscow Exchange Will List Bitcoin on Dec. 1 as Russia Pulls Crypto Trading Home

Bitcoin Magazine U.S.-Sanctioned Moscow Exchange Will List Bitcoin on Dec. 1 as Russia Pulls Crypto Trading Home Moscow Exchange, Russia’s largest trading venue, will begin trading bitcoin, ether and Tether’s USDT on…