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As a result of following the lead of the cryptocurrency market’s recovery, which has seen Bitcoin and Ethereum reach new all-time highs after plunging for over 18 months, the value of meme currencies has recently skyrocketed.

Toncoin (TON) recently experienced a price jump after announcing its collaboration with Telegram. On the other hand, Polkadot price witnessed a bearish momentum amid increased volatility, although experts are optimistic about Polkadot’s (DOT) prospects.

Crypto, in many regards, has failed, but blockchain is just beginning.

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ship seized by Iran's Revolutionary Guards off the UAE coast on Saturday, 17 are Indian, PTI reported citing sources. «We are aware that a cargo ship 'MSC Aries' has been taken control by Iran. We have learnt that there are 17 Indian nationals onboard,» said a source. «We are in touch with the Iranian authorities through diplomatic channels, both in Tehran and in Delhi, to ensure security, welfare and early release of Indian nationals,» it said.

Octa, a globally recognised investing platform since 2011, cannot help but draw parallels between some distinctive aspects of this wonderful game and Forex trading. At Octa, it is believed that cricket and Forex trading have many things in common despite the former being a team game and the latter—a strictly individual endeavour. The prerequisites for success are very similar for both occupations, and the overwhelming popularity they both reached in the last couple of decades constitutes another common trait.

ALSO READ: 'Thala for a reason': MS Dhoni rules list of loudest cheers in IPL 2024 matches Before the tournament, Dhoni has passed on the captaincy baton to Gaikwad, but according to Gavaskar, Dhoni still holds considerable influence in the dressing room as he knows the trick of the trade when it comes to captaincy. “I have two teams. Because I'm from Mumbai...

“If we analyse the healthcare space, it is looking very promising. Metropolis, Lal PathLabs, are looking very positive. The kind of breakout which we are observing on the daily as well as on the weekly time frame is bullish. So, I think these two stocks can do well. One can look to buy these stocks as overall structure for near-term to short-term is looking promising,” says Rajesh Palviya of Axis Securities. Edited excerpts:

Nifty formed a fresh lifetime high of 22775, but at the same time, it came off from those highs as well. The trading range also got narrower as the Nifty oscillated in a 271-point range. Volatility increased slightly; India Vix rose marginally by 1.72% to 11.53. The headline Index Nifty closed flat with a negligible weekly gain of 5.70 points (-0.03%). The previous week was a truncated one as Thursday was a trading holiday on account of Eid-ul-Fitr. The coming week is a truncated one as well with Wednesday being a holiday on account of Ram Navmi. Due to this Banknifty Options has its shortest expiry as they would expire as early as Tuesday. The level of 22775 creates a new intermediate top for the markets; over the coming days, no runaway upmove is expected so long as the Nifty stays below this point. At the same time, the nearest support for the index exists much below the current levels at 20-week MA which is placed at 21827. By and large, the markets are likely to stay in a broad trading range.

Strait of Hormuz and seized the vessel Saturday, authorities said. Iran's state-run IRNA news agency acknowledged the seizure after a video seen by The Associated Press showed the commandos raiding the ship Saturday, an attack a Mideast defense official attributed to Iran amid wider tensions between Tehran and the West. The attack was earlier reported by the British military’s United Kingdom Maritime Trade Operations, which said it took place in the Gulf of Oman off the Emirati port city of Fujairah.

JPMorgan’s Q1 results are out, and while the Corporate and Investment Bank (CIB)’s revenue figures went on a bit of a rollercoaster, one thing was more interesting than any revenue figure: the bank, for the first time in over 5 years, reduced its headcount over the first quarter of the year.

So, a female banker islosing her job for having an affair with a junior colleague? It's the kind of salacious revelation that grabs attention, but men in banking have affairs with female juniors all the time. And male bankers and traders almost never lose their jobs: it's the young women who get forced out.

Dymon Asia Capital, the Singapore-based hedge fund, was opening a new office in Mumbai last time we checked. It’s been a while, however. Dymon already has offices in Hong Kong, Shanghai, Tokyo, Malaysia, and has its eyes on Dubai, with Mumbai now up and running.

Citi has finished stage one of its20,000 job cuts and it seems to have been more zealous than planned. 

There are some things people can say which are presumably meant to sound reassuring but just aren’t. An example familiar to bankers might be “there are no planned redundancies at present” or “we are not experiencing trouble finding liquidity”. 

India and Russia on Saturday celebrated the 77th anniversary of diplomatic relations. The nearly eight decades of partnership has been marked by achievements contributing to special and privileged strategic partnership. Throughout decades, this partnership encompassed several areas from defence to space to trade and investments, hydrocarbon energy and nuclear power, security and space, science and fin-tech, digitalization, infrastructure and smart-cities, education and culture. Russia remains a largest contributor to India’s energy security and its defence capabilities. Currently there are efforts to a greater connectivity in the Eurasian space and are working towards an early conclusion of the FTA between the Eurasian Economic Union and India, efficient promotion of the North-South Transport Corridor and relaunching of the Vladivostok – Chennai Eastern Maritime Corridor, strengthening of the independent financial and payment mechanisms, synchronization of customs regimes, multiplication of joint ventures, expansion of tourism and humanitarian linkages.

Strait of Hormuz by helicopter Saturday, an attack a Mideast defence official attributed to Iran amid wider tensions between Tehran and the West. The video showed the attack earlier reported by the British military's United Kingdom Maritime Trade Operations. It had offered no details about the boarding in the Gulf of Oman off the Emirati port city of Fujairah. The defence official, who spoke on condition of anonymity to discuss intelligence matters, shared the video with the AP. Though the AP could not immediately verify it, it corresponded to known details of the boarding and the helicopter involved appeared to be one used by Iran's paramilitary Revolutionary Guard, which has carried out other ship raids in the past.

Amidst growing concerns about national security and infrastructure vulnerabilities, China’s role in the cryptocurrency sphere has become a focal point of discussion. 

Vijay Kedia portfolio: As Q4 results 2024 kickstarted with the announcement of TCS results, retail investors would be busy scanning portfolios of ace investors as it gives them an idea about the direction in which the smart money has flown in the recently ended quarter. For such investors, there is a piece of stock market news. Ace investor Vijay Kedia's name has appeared in the shareholding pattern of the airline company Global Vectra Helicorp Limited.