Since the U.S. presidential election on November 5, a significant influx of $3.2 billion in Tether (USDT) stablecoins has flowed into centralized cryptocurrency exchanges (CEXs), the highest since November 2021. This surge in liquidity is sparking optimism in the market, as increased liquidity can reduce price volatility, facilitate smoother trading, and potentially drive higher crypto […]
BlackRock has secured a commercial license to operate in Abu Dhabi, aiming to deepen engagement with local wealth funds. BlackRock Inc., the world’s largest asset manager with $11.4 trillion in assets under management, has obtained a commercial license to operate in Abu Dhabi. The company also plans to seek regulatory approval to operate within the […]
Amar Ambani of YES Securities expects Nifty to settle between 22,200 and 23,000, with value buying from domestic investors and FII inflows likely to follow. The market has been under pressure due to strong US economic data, ongoing FPI selling, geopolitical tensions, and weak earnings. The US Federal Reserve’s stance on delaying rate cuts further […]