Fall Financial News

Constitutional attorney Mark Smith breaks down the Supreme Court decision Friday that struck down President Biden’s student loan handout.

On the technical charts, the 200-DMA of the stock stood at Rs 104.0, while the 50-DMA was at Rs 112.94. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Tata Elxsi Ltd. slipped 0.04 per cent to Rs 7580.7 in Monday's trade. It hit a high of Rs 7678.95 and low of Rs 7558.0 during the session.

United Spirits Ltd. slipped 0.01 per cent to Rs 911.55 in Monday's trade. It hit a high of Rs 914.95 and low of Rs 909.6 during the session.

West Indies will not be part of the ODI World Cup for the first time in the history of the tournament after being eliminated from the Qualifiers — a result that plunged country's cricket to an unimaginable low, on Saturday. Coming into the do-or-die Super Six contest, West Indies, packed with some bona-fide T20 superstars, suffered an embarrassing seven-wicket defeat against Scotland after managing a modest 181 in 43.5 overs. It was an impressive show by the Scots, especially by all-rouder Brandon McMullen, who first took three wickets, and then scored a patient 69 off 106 balls to steer his side to a famous victory.

Bad hair days are becoming rather prevalent. Regardless of the reason causing you to rapidly lose your hair, here’s a no-nonsense guide to nip the problem in the bud.

forex reserves fell $2.9 billion and stood at $593.2 billion as of June 23, stated data updated by Reserve Bank of India (RBI) on Friday. India's foreign currency assets, the biggest component of the forex reserves, declined by $2.21 billion to $525.4 billion.

cryptocurrency markets were trading mixed in Wednesday's trade. Bitcoin, XRP, and Polkadot were trading with gains, while BNB, Polygon, and Solana were trading with cuts. Bitcoin (BTC) rose 0.02% to $30,405, whereas Ethereum (ETH) was below the $1,900 level. BTC volume stood at approximately $16.68 billion, rising 9% in the last 24 hours. «Most cryptocurrencies traded flat with minimal fluctuations, fueled by the positive sentiment surrounding the possibility of a Bitcoin ETF and encouraging economic indicators from the US Bitcoin, in particular, maintained its position above the US$30,000 threshold for the fifth consecutive day,» Edul Patel, Co-founder, and CEO at Mudrex, said. «The bears seem to be active near the US$31,000 zone. BTC currently faces immediate resistance at the US$30,680 and US$30,950 levels, while the support level rests at US$30,000,» Edul added.

 

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cryptocurrency markets were trading mixed on Friday. Bitcoin, XRP, and Polygon were trading with gains, while Ethereum, BNB, and Cardano were trading with cuts. Bitcoin (BTC) rose 0.58% to $26,532, whereas Ethereum (ETH) was below the $1,850 level. The global cryptocurrency market cap was trading higher around $1.1 trillion, rising 0.53% in the last 24 hours. «Crypto markets have traded sideways in the last 24 hours. The crypto fear and greed index continues to maintain yesterday’s position right in the middle of the scale with 50 points. BTC’s hold around $26.5k remains firm despite events pertaining to the SEC lawsuits and the upcoming monetary policy decision by the Feds due next week,» Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, said. The total volume in DeFi stood at $1.91 billion, 7.38% of the total crypto market 24-hour volume. The volume of all stablecoins is at $24.7 billion, which is 95.36% of the total crypto market 24-hour volume.

The U.S. Securities and Exchange Commission sued Coinbase, accusing it of illegally operating without registration with the regulator. The SEC also filed a lawsuit against Binance and its CEO, Changpeng Zhao, on Monday. In a complaint filed in Manhattan federal court on Tuesday, the SEC said Coinbase has since at least 2019 operated as an unregistered broker by handling cryptocurrency transactions, evading the disclosure requirements meant to protect investors. Coinbase shares fell 16% in premarket trading, while Blockchain farm operator Bitfarms' stock dropped 4.5%.

A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels.

cryptocurrency markets were majorly trading lower in Thursday's trade amid concerns over the US debt ceiling. Bitcoin (BTC) declined 1.40% to $26,790, whereas Ethereum (ETH) was just above the $1,850 level. BTC volume stood at approximately $15.19 billion, falling 2.45% in the last 24 hours. «Bitcoin was under some selling pressure as the debt ceiling bill goes to the Senate for voting while rapidly changing economic conditions are pushing the investors away from riskier assets. The crypto market is expected to remain choppy in the coming weeks as the world is closely watching the decision on the US debt ceiling bill,» Shivam Thakral, CEO of BuyUcoin, said. The total volume in DeFi is currently at $2.57 billion, 8.06% of the total crypto market 24-hour volume. The volume of all stablecoins is now $29.54 billion, which is 92.78% of the total crypto market 24-hour volume.

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cryptocurrency markets were majorly trading in the red on Tuesday. Bitcoin (BTC) fell 1.22% to $27,043, whereas Ethereum (ETH) was just above the $1,800 level. BTC volume stood at approximately $13.2 billion, rising 9.41% in the last 24 hours. «After a day of upward trend, crypto markets have been under minor selling pressure in the last 24 hours. Bullish sentiments seem to be gradually restoring as the crypto fear and greed index stands at 54, up 4 points from yesterday. The crypto-cautious investors, however, continue to observe from the sidelines,» Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, said. Other top crypto tokens were also trading lower. Solana and Polkadot declined by over 2%. BNB, Polygon, and Dogecoin were also trading with cuts.

There has been an 80% drop in the number of registered crypto firms operating in Estonia, official data has revealed.

On May 6, Ethereum Foundation transferred nearly $30 million in Ether (ETH) to the Kraken cryptocurrency exchange, causing jitters in the market about a potential selloff event.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

Despite Binance’s latest monthly burn of over $150,000 worth of LUNC tokens and the recent hiring of a new, highly experienced Senior Cosmos developer to the layer-1 blockchain task force team, Luna Classic (LUNC) is threatening a breakout to fresh nine-month lows.

After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst Christopher McGratty was looking forward to some calm.