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Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
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Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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Hut 8 Up 1.8% In US Premarket After Providing Operations Update for September 2024
Hut 8 Up 1.8% In US Premarket After Providing Operations Update for September 2024
Oct 4, 2024
08:00 AM EDT, 10/04/2024 (MT Newswires) -- Hut 8 Corp. ( HUT ) , an operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, was at last look up 1.8% in US premarket trade on Friday after releasing its operations update for September 2024. Among highlights: it announced a partnership with BITMAIN to host U3S21EXPH ASIC...
EMX Royalty Repurchases 2 Million Shares for $3 Million
EMX Royalty Repurchases 2 Million Shares for $3 Million
Oct 4, 2024
08:28 AM EDT, 10/04/2024 (MT Newswires) -- EMX Royalty ( EMX ) said Friday that it had repurchased 2 million shares in a block trade from an unidentified seller at 2.05 Canadian dollars ($1.51), totaling CA$4.1 million ($3 million). Since launching its normal course issuer bid on Feb. 7, the company has acquired 2.8 million shares at CA$2.15, amounting to...
Iris Energy Reports Higher Bitcoin Mining Output in September
Iris Energy Reports Higher Bitcoin Mining Output in September
Oct 4, 2024
09:26 AM EDT, 10/04/2024 (MT Newswires) -- Iris Energy ( IREN ) said Friday it mined 347 bitcoins in September, up from 245 in August. The company said its mining revenue in September was $21.4 million, up from $15 million in August, while its average operating hashrate increased to 16.5 exahash per second from 10.9 EH/s in August. Shares of...
Tellurian shareholders back proposed $1.2 billion Woodside deal
Tellurian shareholders back proposed $1.2 billion Woodside deal
Oct 4, 2024
(Reuters) - Tellurian shareholders have voted in favor of the U.S. LNG developer's proposed $1.2 billion acquisition by Australian energy producer Woodside Energy Group, the company said on Friday. Shares rose 1.4% to 98 cents in premarket trade. Woodside in July agreed to buy Tellurian, including its U.S. Gulf Coast Driftwood LNG export project. The agreement is expected help solve...
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Bitcoin Halving Sparks Migration of US Mining Equipment to Low
Bitcoin Halving Sparks Migration of US Mining Equipment to Low
Mar 25, 2024
As the much-anticipated Bitcoin halving event looms in late April, a migration of outdated mining equipment from the United States to regions offering cheaper electricity is underway. This migration is driven by the need to maintain profitability due to reduced mining rewards and escalating operational costs. US Bitcoin Miners Prepare for Halving According to a Bloomberg report, approximately 6,000 aging...
Bitcoin Skyrockets Above $70,000 As BlackRock Deems Asset A “Good Portfolio Diversifier”
Bitcoin Skyrockets Above $70,000 As BlackRock Deems Asset A “Good Portfolio Diversifier”
Mar 25, 2024
Bitcoin surged by more than 4.5% to above $70,000 on Monday, regaining lost ground after reaching an all-time high of $74,000 earlier this month. Until Thursday of last week, Bitcoin traded below $65,000 following a multi-day period of unusually small inflows to Bitcoin ETF products, coupled with monstrous outflows from the Grayscale Bitcoin Trust (GBTC). The asset’s price began to...
Ava Labs CEO Warns of Substandard L2 Projects, Says Next Cycle Will Be Worse
Ava Labs CEO Warns of Substandard L2 Projects, Says Next Cycle Will Be Worse
Mar 25, 2024
Emin Gün Sirer, the founder and CEO of Ava Labs, has sounded an alarm on the rise of substandard layer 2 (L2) solutions in the crypto space. Drawing parallels with the fallout from the FTX collapse, he cautioned investors about the dangers associated with investing in these trash projects. Ava Labs Founder Highlights L2 Red Flags On March 23, Sirer...
Coinbase’s Base Hits Record $2B in TVL as Demand Surges After Dencun Upgrade Activation
Coinbase’s Base Hits Record $2B in TVL as Demand Surges After Dencun Upgrade Activation
Mar 25, 2024
Base, Coinbases layer-2 blockchain initiative for reducing Ethereum transaction fees, seems to be witnessing massive demands of increased network activity. As a result, its TVL also rose sharply, hitting a new milestone, surpassing $2 billion this week. One of the major reasons for the surge in activity of Base was the activation of the Dencun upgrade. Bases TVL Growth According...
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