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. XRP whales are aggressively accumulating while the asset's recent price action keeps many retail participants cautious. This raises a key question for investors: are large holders positioning ahead of something the average trader has not yet recognized? While XRP has dropped 3.5% in the past 24 hours, on-chain metrics indicate that XRP whales have dramatically shifted their positioning in recent weeks. Data from the analytics platform CryptoQuant shows that the Whale Flow 30-day moving average (30DMA) has turned positive after spending more than three months in negative territory, signaling a transition from distribution to accumulation. This shift has pushed whale buying activity to its highest level in roughly ten months, highlighting a sharp change in behavior among large investors. Moreover, major holders have been purchasing more than 11 million XRP every day, a pace of accumulation that has not been observed since earlier stages of previous market expansions. The timing of this accumulation is notable because it coincides with XRP defending a key technical support zone. Market data shows the asset recently rebounded after touching the $1.28 level, bringing its current value to $1.33. Traders are closely watching this behavior, considering whether the combination of strong whale buying and support defense could set the stage for a potential breakout. Another signal reinforcing the accumulation narrative is the steady movement of tokens away from trading platforms. Exchange outflows for XRP have increased, sending a larger portion of the supply into private wallets. With fewer coins available for immediate sale, short-term selling pressure eases, amplifying the impact of growing demand and highlighting the deliberate positioning of large holders. The timing of this accumulation aligns closely with a major XRP Ledger-focused event taking place in Japan this week. The conference is expected to feature Ripple executives and focus on institutional adoption, decentralized finance, and broader ecosystem development. Japan holds strategic importance for XRP due to its deep ties with SBI Holdings and its established role in Ripple's global expansion. This regional strength adds weight to the significance of the event, making it more than just a routine industry gathering. Market participants are closely watching how the XRP price reacts around this event. The combination of large-scale buying, reduced circulating supply, and the upcoming institutional-focused conference underscores a clear pattern. While retail participants often respond to short-term uncertainty with hesitation or panic, whales are coordinating their activity with events that could influence adoption and ecosystem growth. Ultimately, the difference between panic-driven retail behavior and disciplined whale accumulation illustrates that these large holders are acting not out of impulse, but based on insight and timing. Their moves suggest they see opportunities that others may overlook, emphasizing strategy and preparation. Whales may not have secret knowledge, but they clearly understand how to act decisively when the rest of the market hesitates.
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. 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. Ethereum is closing in on a historic test, hovering just 6.4% below its all-time high of $4,891. Despite persistent sell-offs from retail traders, the asset's upward momentum continues, signaling a potential breakthrough that could set the stage for new record levels. Santiment, a popular platform in on-chain and market analytics, recently highlighted in a post that Ethereum is now within striking distance of a historic milestone -- just 6.4% away from its all-time high of $4,8 ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Michael Saylor has just purchased 525 more Bitcoins, increasing Strategy's total BTC holdings to 638,985, valued at approximately $73B. Anchored in Saylor's thesis that Bitcoin is superior to gold, Strategy has parked its cash reserves in $BTC, shielding itself from inflation and currency fluctuations. Despite a recent dip in the Strategy's stock price, several companies and some US states are considering similar moves with their own treasuries. Strategy's massive $BTC buy ha ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to chart work shared by market analyst Mikybull, XRP is sitting inside what he calls a tight bullish structure that could lead to a sharp rise. Reports have disclosed the setup on a three-week chart and suggested the corrective phase may be ending. The analyst flagged several price levels that traders are now watching closely. Mikybull pointed to an ABC correction pattern that looks close to finishing. He showed XRP hovering around $2.50 and sitting just above a long- ...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 started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but that has hardly been the reality for the Bitcoin price. Nevertheless, a certain investor cohort, as shown by on-chain revelation, ha ...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. XRP has shown some signs of recovery over the past 48 hours, climbing about 5.3 % from its recent low, according to on-chain analytics platform Santiment. The rebound comes as investor confidence appears to be returning, as it coincides with a steady rise in mid to large-sized XRP holders. Particularly, on-chain data shows that the XRP ecosystem now has more than 317,500 wallets holding at least 10,000 XRP tokens for the first time in its history. Despite XRP's recent price woe ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows the Cardano network has witnessed a surge in large wallets over the last couple of months, a sign that big-money hands have flowed in. As highlighted by on-chain analytics firm Santiment in an X post, Cardano whales have hit a 4-month high count. The indicator of interest here is the "Supply Distribution," which measures the total number of addresses that belong to a particular coin group. Investors are divided into these cohorts based on the number of toke ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ripple is back in the spotlight following a strategic move involving trillions in payment flows, sparking speculation about a potential breakout in XRP price. The development reflects Ripple strengthening its ties to the global banking infrastructure. Ultimately, the true significance lies in how this expanded access could influence XRP's role in real-world financial transactions over time. Ripple's expansion stems from its $1 billion acquisition in 2025 of a treasury managemen ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Central banks, institutions, and payment corridors are experimenting with something deeper than crypto hype. From cross-border settlements to real-world assets, Ripple is building blockchain infrastructure. If recent comments from top banking executives are any indication, XRP may move trillions in value. According to KingXRP, the XRP Ledger (XRPL) is on the brink of a groundbreaking transformation that could unlock a staggering $196 trillion market through the emergence of ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...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 >
New Delhi [India], October 18 (ANI): Dhanteras marked the onset of Diwali festivities across India on Saturday, with bustling markets and enthusiastic buyers flocking to purchase gold, silver, utensils, and other auspicious items. Despite soaring gold prices, consumer enthusiasm remained high, providing a festive boost to local economies nationwide. Jewellery shops and markets in states like Maharashtra, Madhya Pradesh, West Bengal, Uttar Pradesh, Chandigarh, Delhi, Rajasthan, Tamil Nadu, Odisha, Gujarat, and Goa saw heavy footfall as customers upheld the traditional buying spree. Also Read ...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. XRP's price has stabilized after its recent crash and is now making a slow recovery to $2.50 with early signs of renewed strength. The cryptocurrency is now under close observation by traders waiting for the next decisive move. One such observation is an ambitious forecast that has surfaced online, projecting an astronomical rally for XRP. A crypto commentator known as Remi Relief shared a post on the social media platform X, using artificial intelligence to support his claim t ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%. Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune. Based on reports from Santiment, its chart tracks XRP's price against positive and negative comments and a combined sentiment line th ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. If you hold XRP or follow crypto at all, you know 2026 has been rough. The token that once led the last bull run has spent most of this year dipping further. Frustration among XRP holders is high, and many are asking the same question: where is the XRP price headed next? Amid the gloom, one analyst remains vocal. Javon Marks, known for his bold chart setups, posted a long-term XRP/BTC chart that actually looks interesting. His projection indicates a massive breakout is underway ...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 $107,000 has prompted close monitoring of market behavior, especially from whales and long-term holders (LTHs), as the market attempts to find its next direct ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Millions of users spend hours each day engaged with mobile games, chat communities, and social platforms. They expect seamless interfaces, immediate feedback, and enjoyment. FUNToken has identified this audience and engineered an onboarding flow that bridges the gap between Web2 familiarity and Web3 opportunity. With in-app rewards, intuitive chat-based engagement, and a proven free-to-play model, FUNToken stands out as a project creating an accessible entry point into crypto. ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bonk ($BONK) is on a tear, and it's not slowing down. The token just extended its gains, building on a massive 20% rally from last week. The reason for all the excitement? Traders are pouring cash into it. The futures Open Interest (OI) for $BONK has shot up to a yearly high, showing a ton of new money is flooding the market. This kind of action is exactly what a rally needs to keep going. However, it's not just about the trading numbers. The Solana ecosystem itself is doing g ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The remittance-based cryptocurrency Ripple (XRP) has fallen 4% in the past 24 hours, resulting in the liquidation of $18 million worth of XRP futures. Of this, long positions are $11 million and short positions are $7 million. The entire cryptocurrency market has been volatile recently, and XRP is one of the assets affected. This article details how to make $10,000 a day or more through remote mining. In the past, cryptocurrency mining required expensive equipment, expertise, ...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 >