RBI’s Surprise Rate Cut and Liquidity Injection Propel Indian Stock Markets to Record Highsbloomberg.com On June 6, 2025, the Reserve Bank of India (RBI) implemented a significant monetary policy shift by reducing the repo rate by 50 basis points to 5.5% and lowering the Cash Reserve Ratio (CRR) by 100 basis points to 3%. This…
Trump-Xi Call Fails to Resolve Looming Critical Mineral Shortage A recent phone call between U.S. President Donald Trump and Chinese President Xi Jinping aimed to ease trade tensions and address the ongoing critical mineral shortage. While both leaders agreed to resume trade talks, the conversation did not yield concrete solutions to the pressing issue of…
Taiwan’s BitoPro Crypto Exchange Confirms $11.5M Hack, Assures User Funds Are Safe Taiwan-based cryptocurrency exchange BitoPro has confirmed a security breach that resulted in the loss of over $11 million from an old hot wallet during a system upgrade on May 8, 2025. The incident was initially brought to light by blockchain investigator ZachXBT, who…
Fartcoin Defies Market Trends with 12% Surge Following Coinbase Listing Announcement In a surprising turn of events, Fartcoin (FARTCOIN), a meme-inspired cryptocurrency, has experienced a 12% price increase after being added to Coinbase’s 2025 listing roadmap. This development comes amidst a broader downturn in the cryptocurrency market, highlighting Fartcoin’s resilience and growing investor interest. The…
Bitcoin and Ethereum Plunge Amid $800M Liquidation Triggered by Trump-Musk Tensions In a dramatic turn of events, the cryptocurrency market experienced a significant downturn, with Bitcoin (BTC) and Ethereum (ETH) leading the decline. The sharp drop resulted in approximately $800 million in liquidations, affecting both long and short positions. This upheaval is attributed to escalating…
🏦 JPMorgan Warns Analysts: Accepting Future-Dated Job Offers Will Lead to Termination JPMorgan Chase has issued a stern warning to its incoming investment banking analysts: accepting future-dated job offers from other firms within the first 18 months of employment will result in immediate termination. This new policy aims to curb the growing trend of early…
🇮🇳 RBI Slashes Rates to Boost Economic Growth On June 6, 2025, the RBI reduced its benchmark repo rate by 50 basis points, bringing it down to 5.5%. This marks the third consecutive rate cut this year, totaling a 1% reduction. Additionally, the central bank lowered the cash reserve ratio (CRR) by 100 basis points…
Coinbase has introduced wrapped versions of XRP and Dogecoin—cbXRP and cbDOGE—on its Ethereum Layer 2 network, Base. These ERC-20 tokens are fully backed 1:1 by the original assets held in Coinbase custody, enabling users to utilize XRP and Dogecoin within the Ethereum ecosystem. This move aims to enhance the utility of these popular assets, allowing…
Financial and political implications of Trump’s “One Big Beautiful Bill” have been the front and centre of all financial debates in recent weeks. While many argue this legislation could prove a bane for the US national debt, high-profile crypto experts are convinced that it may actually emerge as a catalyst for Bitcoin’s next major rally,…
In March 2025, Canadian digital asset manager 3iQ Corp. announced a strategic partnership with Geneva-based Criptonite Asset Management, a FINMA-licensed firm known for its innovative digital asset Actively Managed Certificates (AMCs). This collaboration aims to deliver regulated, institutional-grade digital asset investment products to the Swiss and broader European markets. focus.swiss+33iq.io+3citywire.com+3 The partnership combines 3iQ’s expertise…
