India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin traded within a range-bound spell throughout March, with prices briefly rallying to $75,000 before falling back within the boundaries of the $63,000-$71,000 range. However, despite this, Bitcoin price struggles within this consolidation phase; the underlying dynamics are telling an interesting story concerning who the current distributors of Bitcoin are. In a QuickTake post on CryptoQuant, pseudonymous analyst TeddyVision reveals that, while price appears stagnant, Bitcoin's most-reactive investor group, i.e., the Short-Term Holders (STH), is still selling their holdings. This revelation is based on readings from the Bitcoin: Exchange Inflow - Spent Output Age Bands - Spot Exchanges metric. For context, this metric shows the age distribution of BTC being sent into spot exchanges, thereby revealing whether recently acquired coins or long-held coins are being deposited for potential selling. Per the analyst, the dominant flow of BTC into spot exchanges is coming from its 0-12 month cohorts, collectively referred to as the short-term holders, and sometimes includes transition participants. While the Bitcoin STHs are behind the extant sell pressure, TeddyVision points out that older cohorts (above 12 months) are, for the most part, inactive. The analyst explains that while there have been occasional spikes seen in the investors' activity, these are at best described as event-driven, rather than long-term distribution activities. As such, the dynamic becomes clear that weak hands are selling, thereby supplying the market, while stronger hands are holding firm. Based on historical patterns, this dynamic is sensible, as long-term holders tend to sell during periods of strong upward momentum, rather than during consolidation. Notably, what's interesting about this scenario is how Bitcoin has maintained a constant price range, despite increasing Short-term Holder distribution. For context, sustained sell pressure from short-term holders has often caused sharp downturns in the Bitcoin price. This has been observed even in the present market until February 6, when the consolidation commenced. Data from the Coinbase Premium Index reinforces TeddyVision's proposed idea of a growing market backing. TeddyVision explains that conditions in the US spot market forced the index underwater for extended periods. However, as the consolidation range formed, the premium retracted from these negative extremes, and the price stopped responding to downside pressure. From a big picture perspective, the Bitcoin market seems to be at a transitional phase where the prevalent STH exit reveals the market's growing resilience. Nonetheless, market participants should be aware that this does not promise a reversal or price rebound. As of press time, Bitcoin holds a valuation of $66,930, reflecting no significant movement over the past 24 hours.
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Strategy, formerly known as MicroStrategy, is on track to report an impressive $14 billion in unrealized gains from its extensive Bitcoin accumulation strategy. Co-founded by Michael Saylor, the company has successfully transformed itself from a struggling enterprise software provider into a leading leveraged Bitcoin proxy, drawing comparisons to major corporate powerhouses such as Amazon and JPMorgan Chase. According to a recent Bloomberg report, Strategy's anticipated profit ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A well‑known commentator in the crypto space has made a bold pitch. According to reports, Crypto Bitlord urged every new investor to put all their money into XRP. This call comes after XRP surged to seven‑year highs above $3 and hit a peak of $3.60. The token posted a 21% gain in a single week, outpacing even Bitcoin's record run. Bitlord pointed out that someone who invested $50,000 in XRP at roughly $0.60 last November would now hold about $289,000 as prices hover near $3.47 ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Analyst Willy Woo has highlighted how some old-school Bitcoin on-chain models could suggest a bottoming zone for the asset in the current cycle. In a new post on X, analyst Willy Woo has talked about where the Bitcoin bottom could lie according to two on-chain models. The models in question are the Realized Price and CVDD. First, the "Realized Price" keeps track of the cost basis or acquisition value of the average token part of the cryptocurrency's circulating supply. Wheneve ...Read More >
New Delhi [India], May 28: What happens when Pi Network (PI) market analysis shows stalled momentum and the Shiba Inu (SHIB) trend shift reveals a massive 74% drop in whale activity? Traders start looking elsewhere, and fast. Both coins are holding their ground but not showing the kind of breakout signs needed for big upside in the short term. Meanwhile, one new name is building pressure for a major move: BlockDAG. The most popular cryptocurrency presale right now is entering its final countdown. BDAG Countdown Begins: Special price Ends June 13 as Exchange Listings + Testnet Push Price Rebou ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. US regulators and market watchers are eyeing a fresh valuation study that puts XRP on track for a dramatic price surge by 2030. According to Valhil Capital's deep‑dive report, XRP could climb from its current price into a range between $4,813 and $9,000 in just five years. That forecast hinges on a model that treats XRP not only as a quick way to move money but also as a store of value. According to the Athey & Mitchnick Model used by Valhil Capital, XRP's role goes way beyond ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has officially broken through its previous all-time high of $112,000, surging to $118,000 just hours ago and entering uncharted territory for the first time since late May. The breakout confirms bullish momentum after weeks of consolidation and failed attempts, with price action now showing clear strength. With the psychological and technical barrier of $112K cleared, many analysts believe this move could mark the beginning of Bitcoin's next expansive rally. Bulls are f ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to data from blockchain analytics firm Glassnode, a group of mid-sized Bitcoin holders has stepped up buying this week, taking in roughly 65,000 BTC over the past seven days. At a spot price of $113,595, that haul equals about $7.35 billion. Reports have disclosed that these investors -- wallets holding between 100 and 1,000 BTC -- have pushed their monthly net accumulation to 93,000 BTC. Those mid-sized holders a.k.a. "sharks" now control about 3.65 million BTC. Tha ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The US Labor Department published a proposed regulation on Monday intended to give 401(k) participants access to alternative investments, including crypto assets such as Bitcoin (BTC). The Employee Benefits Security Administration (EBSA) framed the rule as "historic," saying it lays out a clear, process-driven framework that plan fiduciaries can follow when evaluating non-traditional assets for defined contribution plans. At the heart of the proposal are safe-harbor procedures ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As Bitcoin (BTC) continues its steady climb toward its all-time high (ATH) of $111,814 recorded in May 2025, the cryptocurrency is witnessing a notable shift in its holder composition. New on-chain data suggests that BTC "weak hands" are selling their holdings to larger investors. According to a recent Cryptoquant Quicktake post by contributor IT Tech, Bitcoin's supply is moving upstream from retail investors to larger holders. This movement denotes a fundamental shift in the i ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Pump.fun, the Solana-based platform enabling users to easily launch and trade custom tokens -- especially meme coins -- has just marked a historic milestone. On Saturday, Pump.fun raised over $500 million during its highly anticipated PUMP token public sale. In an astonishing show of demand, the sale sold out in only 12 minutes, highlighting the project's explosive growth and rising popularity across the crypto space. Designed for accessibility, Pump.fun allows virtually anyone ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company's 10% Annualized Organic Yield (AOY) and validator operations underscore Solana's staking advantage over non-yield ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC -- worth roughly $4.68 billion at prevailing prices -- to New York‑based trading giant Galaxy Digital. The address had held 80,009 BTC in total and had never previously moved funds in the modern era. According to on‑chain sleuth Lookonchain, "the Bitcoin OG with 80,009 BTC ($9.46 B) has transferred 40,009 BTC ($4.68 B) to Galaxy Digital," and Galaxy "has directly deposited 6,000 B ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A Coinbase-linked wallet sent 140,033,123 Shiba Inu tokens to a burn address on October 15, removing those coins from circulation in a single on-chain move. According to records published by community burn tracker Shibburn, the wallet that carried out the transfer was newly created and had only that one visible SHIB transaction. Etherscan data shows the address was funded by a wallet tied to Coinbase, and it currently holds 0.002 ETH, worth roughly $9. The 140 million SHIB mo ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In the last week, Bitcoin prices fell from around $115,000 to below $105,000 amid a widespread crypto market correction. According to prominent market analyst Burak Kesmeci, several on-chain developments unfolded during this price decline that are now indicative of the present market and potential price movements. In an X post on October 18, Kesmeci reports that Bitcoin's on-chain landscape has flashed a series of key signals that generally suggest heightened fear and potential ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin edged higher on Sunday as signs of easing US-China trade tensions lifted risk assets, while Strategy's founder hinted the company kept adding to its Bitcoin holdings. Michael Saylor posted a chart on October 26 that uses orange dots to mark recent purchases. The visual cue has become his shorthand for new buys. Based on reports, Strategy added 387 BTC between October 13 and October 20, bringing its total to 640,418 BTC. That number is striking on its own. It shows a st ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin remains within a relatively tight range, struggling to gain sufficient momentum to break the $110,000 mark. At the time of writing, the leading crypto by market cap trades at $106,437, down 1.1% over the past 24 hours and nearly 4.8% below its May all-time high. The current consolidation range between $105,000 and $107,000 has prompted close monitoring of market behavior, especially from whales and long-term holders (LTHs), as the market attempts to find its next direct ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows the Bitcoin network has seen a spike in profit transactions, something that has often led into local price tops in the past. In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the ratio of profit and loss transactions taking place on the Bitcoin network. A transfer is categorized as a 'profit' one when the tokens involved in it had a last transaction price lower than the latest one. Similarly, transfers with coins of t ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes Taking Place Next Month. The Governor spoke to the Labour, Employment Training and Factories (LETF) ...Read More >
New Delhi, July 19 (PTI) The Regional Medical Research Centre in Bhubaneswar, under the Indian Council of Medical Research (ICMR), has developed an advanced malaria vaccine that can prevent plasmodium falciparum infection in individuals and minimise community transmission. The ICMR Delhi has invited Expressions of Interest (EoI) from eligible organisations, companies and manufacturers enthusiastic about the Transfer of Technology for commercial production of "a recombinant chimeric multi-stage malaria vaccine (AdFalciVax) against plasmodium falciparum". The pre-clinical validation of this te ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Centralized exchanges like Coinbase have long marketed themselves as crypto's answer to convenience. User-friendly, regulated, and custodial. Just give them the keys and let them drive. They'll handle all the boring details - like on/off ramps, UI, integrated swapping, and little things like taking control of your crypto. And in return, all you need to do is trust. Trust Coinbase and other custodial platforms too much, and what do you get? Hacks and data breaches, among other ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. With the recent intensification of volatility in the crypto market, many investors are no longer blindly chasing ups and downs, but are looking for a more stable and low-risk investment method. APT Miner cloud mining has therefore become a new choice for many XRP and Solana holders. By purchasing computing power contracts, users can easily participate in mining without purchasing mining machines or mastering complex technologies, and daily income will be automatically credited t ...Read More >
Mumbai: Following allegations that the minister of state (MoS) for home, Yogesh Kadam, was running a dance bar with a licence in his mother's name, the Kadam family reportedly surrendered the orchestra licence of Savali bar in Kandivli on Friday. Shiv Sena (UBT) MLC Anil Parab criticised the licence surrender, stating it proves his allegations were right and that a dance bar was being operated by the Kadam family. Parab demanded Yogesh Kadam's resignation, arguing that just because a thief returns stolen goods, he cannot be let off. Parab alleged that the surrender of the licence indicates tha ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A long-silent Bitcoin wallet woke up this week and emptied roughly 400 BTC into several new addresses. According to blockchain trackers, the address sent its coins in multiple transactions, mostly split into batches of 15 BTC. The total value moved is roughly $44 million, based on current prices. Reports have disclosed that the coins trace back to mining activity from nearly 15 years ago. Lookonchain tied the funds to the early days of Bitcoin, and records show the wallet last ...Read More >
Renowned hair stylist Jawed Habib and his family are facing over 20 cases for allegedly duping people of Rs 5-7 crores. Victims were reportedly misled into investing in Follicle Global Company (FLC) with promises of high returns, with over 150 individuals losing lakhs. Police are urging more victims to come forward. Renowned hair stylist Jawed Habib has been registered for over 20 cases under the case of duping people for Rs 5-7 crores, PTI reported on Wednesday. "Javed Habib, his wife, son hav ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Making a 6% weekly uptick, FLOKI recently ripped higher after Elon Musk posted an AI-generated video of his Shiba Inu "Floki" sitting at a CEO desk, reigniting meme-coin risk appetite even as the broader crypto market slipped 3%. Within hours, FLOKI's price jumped nearly 30% and 24-hour volume exploded 780-817% to roughly $656-$662 million, lifting the token to an intraday high near $0.000088, its best level in almost two weeks. Related Reading: All It Took Was A Tweet: FLOKI ...Read More >
The car had a Maharashtra number plate. Luggage was tied to the roof of the vehicle, which made officials believe that a family had come from Maharashtra to visit Agra. A shocking and heartbreaking incident has come to light from the Taj Mahal complex in Agra, Uttar Pradesh. An elderly man was found unconscious and tied inside a locked car parked near the western gate. The incident has raised serious questions about human sensitivity and responsibility. According to Aaj Tak, the man had been locked inside the car for several hours. The extreme heat and humidity had made his condition critic ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level -- previously a key support zone -- now serves as the immediate resistance that must be reclaimed to signal a possible reversal. The breakdown comes at a critical time, as sentiment across the market begins to shift. According ...Read More >