Latest news with #Altcoins
Economic Times
16-07-2025
- Business
- Economic Times
US stocks fall after reports that President Trump likely to fire Fed chair Jerome Powell
US stocks Synopsis U.S. stock indexes reversed course to fall on Wednesday after Bloomberg News reported that President Donald Trump was likely to fire Federal Reserve Chair Jerome Powell soon, citing a White House official. U.S. stock indexes reversed course to fall on Wednesday after Bloomberg News reported that President Donald Trump was likely to fire Federal Reserve Chair Jerome Powell soon, citing a White House official. ADVERTISEMENT At 11:27 a.m. ET, the Dow Jones Industrial Average fell 100.39 points, or 0.23%, to 43,922.90, the S&P 500 lost 16.14 points, or 0.26%, to 6,227.62 and the Nasdaq Composite lost 56.76 points, or 0.27%, to 20,621.04. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
16-07-2025
- Business
- Economic Times
Market Wrap: Sensex adds 63 points, Nifty above 25,200 as PSU banks, IT stocks lift D-Street
Synopsis Indian benchmark indices Sensex and Nifty closed marginally higher on Wednesday, recouping early losses as gains in PSU banks and IT stocks helped offset broader regional weakness stemming from renewed concerns over rising U.S. inflation. sensexniftyindian stocksgainerslosersshare pricestock update Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
16-07-2025
- Business
- Economic Times
Indonesia launches 5-year US dollar Islamic bond, 10-year green sukuk, term sheet shows
Indonesia launched a five-year U.S. dollar sukuk at 4.85% and a 10-year green sukuk at 5.5% on Wednesday. Synopsis Indonesia launched a five-year U.S. dollar sukuk at 4.85% and a 10-year green sukuk at 5.5% on Wednesday. indonesiasukukislamic bondgreen sukuku.s. dollaryield ask chatgptyield Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Int'l Business Times
15-07-2025
- Business
- Int'l Business Times
Institutional Investment Strategies & Regulatory Clarity Driving Crypto Bull Run
In 2024, cryptocurrencies once again entered a bull market. However, unlike the crypto bull markets of 2017 and 2021, when both Bitcoin as well as Altcoins like Ethereum, experienced rapid price appreciation, this time it seems as though Bitcoin is the main beneficiary of renewed bullish sentiment. Cryptocurrency prices can be found on Binance . Take a look at price performance over the past year, and one can see that, while Bitcoin is up by 71.9% over the past twelve months, Ethereum has fallen by around 26.3% . Other major Altcoins, like BNB, Binance's native token have gained since last year, but these gains have trailed that of BTC. This is not surprising. A key driver of this latest crypto bull run has been institutional adoption of Bitcoin. First, in early 2024, the SEC approved the launch of spot Bitcoin ETFs. With a compliance-friendly vehicle for crypto ownership coming online, institutional investors cycled significant capital into these funds. By year's end, the value of all U.S.-listed spot Bitcoin ETFs totaled $104.1 billion , with $27.4 billion of this figure representing investment from institutions with assets under management exceeding $100 million. Then, the election of Donald Trump to a second term as U.S. President spurred another bullish wave, as market participants anticipated his new administration would fast-track regulatory clarity in the United States. So far, confidence in U.S. regulatory clarity has increased, as policymakers on both sides of the aisle finalize a clear and comprehensive crypto regulatory framework . Now, as the latest bull wave calms down, the questions now are whether a new bull wave will emerge, when regulatory clarity becomes reality, and whether major Altcoins, not just Bitcoin, will benefit in terms of price appreciation. For further insight into these questions, let's take a look at a recent interview with a crypto industry leader. 2024-2025 Crypto Bull Run: Driven by Institutional Allocation to Bitcoin Back in 2017, the cryptocurrency bull run was driven in large part by speculation in initial coin offerings (ICOs). During the 2021 bull run, a major factor at play was the rapid rise in popularity of non-fungible tokens (NFTs). The 2024-2025 crypto bull run, however, has been differentiated by both its outsized focus on Bitcoin, and the outsized participation of institutional investors rather than crypto whales and a critical mass of retail traders. Earlier this month, Catherine Chen, Head of VIP and Institutional at Binance, sat down with Behind Binance host Jessica Walker, to discuss the dynamics of the latest crypto bull run , and what it means for crypto prices moving forward. According to Chen, institutional interest in crypto has been steadily growing, with last year's debut of spot cryptocurrency ETFs serving as a "pivotal moment" for institutional adoption. As Chen explained, "at the very minimum all of these institutional investor(s) has a fiduciary duty to at least take a proper look at this asset class and thanks to the introduction of ETF this asset class has also been given the much needed legitimacy." That said, Chen also argues that different types of institutional investors are moving into crypto at differing paces, with larger, more conservative institutional investors still largely sitting on the sidelines. Per Chen, "regulatory clarity" remains the key hurdle. Certain institutional investors, like insurance companies and pension funds, need well-refined regulations in order to move forward with direct crypto investments. What This Means for Bitcoin and Altcoin Prices Although the aforementioned interview focused primarily on institutional adoption, one can infer from this interview what recent institutional adoption trends could mean for both Bitcoin and Altcoin prices moving forward. Based on Chen's insights on regulatory clarity, it's clear that, once the U.S. and other major jurisdictions finalize and implement their cryptocurrency regulatory regimes, this could spur an even greater inflow of capital into this asset class. At first, as seen recently, this may simply mean a further bull run in which Bitcoin continues to experience outsized price appreciation relative to major Altcoins like ETH and BNB. However, in time, this could translate into a more significant bull run for Altcoins as well. Once institutional investors complete their initial allocation to Bitcoin, allocation to ETH and other major Altcoins could pick up as well, especially as new spot Altcoin ETFs make it to market. In short, given the large role institutional investors have played in this latest bull run, it is not surprising that the situation has played out far differently than the above-mentioned 2017 and 2021 bull runs. The Takeaway for Retail Investors With Bitcoin price plateauing, after extended rallies from October 2024 to January 2025, then from April 2025 through May 2025, it may at first seem like this latest bull run is coming to an end. However, per another crypto market expert, HashKey Capital's Xu Han, "the crypto cycle is still in a growth phase." Furthermore, per Han, there is another potential catalyst that could extend the current bull run. That would be the anticipated shift from hawkish to dovish monetary policy by the U.S. Federal Reserve. In other words, if the Feds continue to lower rates, as well as complete its wind-down of institutional tightening, the resultant liquidity boost could be a boon for crypto prices, given historical trends. Retail investors should keep all of this mind, when deciding whether to go bullish or bearish in the current market environment.
Economic Times
15-07-2025
- Business
- Economic Times
Stock market update: Nifty Bank index advances 0.46% in an upbeat market
Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction. Synopsis The Nifty Bank index was trading 0.46 per cent up at 57025.7. NEW DELHI: The Nifty Bank index traded positive around 10:19AM(IST)on Tuesday in an upbeat market. ADVERTISEMENT IndusInd Bank Ltd.(up 2.06 per cent), Punjab National Bank(up 1.74 per cent), State Bank of India(up 1.22 per cent), Bank of Baroda(up 1.15 per cent) and Canara Bank(up 1.09 per cent) were among the top gainers. IDFC First Bank Ltd.(down 1.38 per cent) and ICICI Bank Ltd.(down 0.05 per cent) were the top losers on the index. The Nifty Bank index was up 0.46 per cent at 57025.7 at the time of writing this report. Benchmark NSE Nifty50 index was up 32.16 points at 25114.45, while the BSE Sensex was up 84.2 points at 82337.66. Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red. ADVERTISEMENT Shares of Ola Electric Mobilit, JP Power, Vodafone Idea, RattanIndia Power and PC Jeweller were among the most traded shares on the NSE. Shares of Soma Textiles, Rajoo Engineers, Rallis India, Venus Remedies and Authum Investment hit their fresh 52-week highs in today's trade, while Tejas Networks, Setubandhan Infra, Capital Trust, Dhanvarsha Finvest and Aarey Drugs hit fresh 52-week lows in trade. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
