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Bitcoin Overtakes Google, Amazon And Meta, Becomes Fifth Largest Asset
On April 23, Bitcoin's market cap reached $1.86 trillion (approximately Rs 1.59 lakh crore), overtaking Alphabet, Amazon, and even silver.
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Bitcoin Reportedly Overtakes Google, Amazon, Meta to Become Fifth-Largest Asset by Market Cap
Bitcoin’s market cap rose to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday, April 23. With this, Bitcoin became the fifth largest asset by market cap. At present, Google’s valuation stands at $1.859 trillion (roughly Rs. 1,58,80,690 crore), which is marginally lower than Bitcoin’s.
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Gold Prices Hit Record High, Dollar Weakens Amid Trump's Tariff Fears
Concerns about the global economic outlook pushed safe haven assets higher, with gold hitting a new record high above $3,384.
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"I Condemn Congress": Piyush Goyal Backs Probe Agency's Action In Herald Case
Union minister Piyush Goyal on Saturday said the action by the Enforcement Directorate (ED) in the National Herald case is aimed at protecting the nation's assets from being "taken over by the Gandhi family for personal use".
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Gold Hits All-Time High At Rs 98,100, Silver Jumps Rs 1,900
Gold prices soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday amid a global rush for the safe-haven asset triggered by an escalated trade war between the US and China.
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Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
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"Cannot Blame All Muslims...": Kiren Rijiju On Waqf Assets Occupation
Asserting that the Waqf Amendment Act will facilitate "justice" for everyone, Union Minister Kiren Rijiju on Tuesday said that the entire Muslim community cannot be "blamed" for some Muslim leaders who occupied Waqf properties.
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UK Secures 1st Interpol Silver Notice Against Indian-Origin Fraudster
The UK's National Crime Agency on Friday announced its first "Interpol Silver Notice" to help trace and recover the criminal assets of a convicted Indian-origin fraudster, believed to have made GBP 8.5 million illegally.
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CBI Probe Against Pinarayi Vijayan's Principal Secretary For Disproportionate Assets
The High Court here on Friday ordered the CBI to register an FIR and launch a probe against the former Chief Principal Secretary of Kerala Chief Minister Pinarayi Vijayan on a complaint accusing the retired bureaucrat of amassing wealth.
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EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.Â
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Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
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US SEC Says Stablecoins Aren’t Securities That Require Registration
US SEC has determined that the assets, generally, aren’t securities. The determination applies as long as a crypto asset is backed by a stable currency such as the US dollar, a commodity like gold or a pool of other assets.
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TikTok Deal Halted After China Indicated It Would Reject Offer Over Tariffs
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump's reciprocal tariffs announcement, according to two sources familiar with the matter.
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Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
-
Bitcoin Overtakes Google, Amazon And Meta, Becomes Fifth Largest Asset
On April 23, Bitcoin's market cap reached $1.86 trillion (approximately Rs 1.59 lakh crore), overtaking Alphabet, Amazon, and even silver.
-
Bitcoin Reportedly Overtakes Google, Amazon, Meta to Become Fifth-Largest Asset by Market Cap
Bitcoin’s market cap rose to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday, April 23. With this, Bitcoin became the fifth largest asset by market cap. At present, Google’s valuation stands at $1.859 trillion (roughly Rs. 1,58,80,690 crore), which is marginally lower than Bitcoin’s.
-
Gold Prices Hit Record High, Dollar Weakens Amid Trump's Tariff Fears
Concerns about the global economic outlook pushed safe haven assets higher, with gold hitting a new record high above $3,384.
-
"I Condemn Congress": Piyush Goyal Backs Probe Agency's Action In Herald Case
Union minister Piyush Goyal on Saturday said the action by the Enforcement Directorate (ED) in the National Herald case is aimed at protecting the nation's assets from being "taken over by the Gandhi family for personal use".
-
Gold Hits All-Time High At Rs 98,100, Silver Jumps Rs 1,900
Gold prices soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday amid a global rush for the safe-haven asset triggered by an escalated trade war between the US and China.
-
Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
-
Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
-
"Cannot Blame All Muslims...": Kiren Rijiju On Waqf Assets Occupation
Asserting that the Waqf Amendment Act will facilitate "justice" for everyone, Union Minister Kiren Rijiju on Tuesday said that the entire Muslim community cannot be "blamed" for some Muslim leaders who occupied Waqf properties.
-
UK Secures 1st Interpol Silver Notice Against Indian-Origin Fraudster
The UK's National Crime Agency on Friday announced its first "Interpol Silver Notice" to help trace and recover the criminal assets of a convicted Indian-origin fraudster, believed to have made GBP 8.5 million illegally.
-
CBI Probe Against Pinarayi Vijayan's Principal Secretary For Disproportionate Assets
The High Court here on Friday ordered the CBI to register an FIR and launch a probe against the former Chief Principal Secretary of Kerala Chief Minister Pinarayi Vijayan on a complaint accusing the retired bureaucrat of amassing wealth.
-
EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.Â
-
Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
-
US SEC Says Stablecoins Aren’t Securities That Require Registration
US SEC has determined that the assets, generally, aren’t securities. The determination applies as long as a crypto asset is backed by a stable currency such as the US dollar, a commodity like gold or a pool of other assets.
-
TikTok Deal Halted After China Indicated It Would Reject Offer Over Tariffs
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump's reciprocal tariffs announcement, according to two sources familiar with the matter.
-
Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
