The post Indian Rupee ticks lower despite optimism on US-India trade deal appeared com. The Indian Rupee (INR) opens cautiously against the US Dollar (USD) on Friday. The USD/INR pair ticks up to near 88. 75 despite hints from United States (US) President Donald Trump that his relations with Indian Prime Minister (PM) Narendra Modi are stable. While speaking to reporters at the Oval Office on Thursday, US President Trump said, “He (PM Modi) largely stopped buying from Russia. And he is a friend of mine, and we speak. Prime Minister Narendra Modi is a great man. He is a friend of mine, and we speak and he wants me to go there. We will figure that out, I will go. Prime Minister Modi is a great man and I will be going,” India Today reported. Later Trump expressed positively that he could visit India next year. These comments from US President Trump came at a time when overseas investors have been hard on the Indian stock market due to delay in a trade agreement between India and the US. Top negotiators from both nations have been expressing that they are close to reaching a consensus from months, but have not agreed on all terms yet. On Thursday, Foreign Institutional Investors (FIIs) turned out to be net sellers again and sold shares worth Rs. 3, 263. 21 crore. Cumulatively, FIIs have pared stake worth Rs. 6, 214 crore so far in three trading days this month. Daily digest market movers: Indian Rupee trades lower against US Dollar The Indian Rupee faces pressure against the US Dollar even as the latter corrects further, following the release of the US Challenger job cuts data for October. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, ticks higher to near 99. 80. However, it fell sharply to near 99. 60 on Thursday, The US.
Tag: institutional
Where every Senate Republican stands on Trump’s call to end the filibuster
President Donald Trump’s crusade to end the filibuster is driving a deep wedge among Senate Republicans, with new senators opening the door to weakening it and others unwilling to take a stand on what has become a GOP political land mine. In a series of hallway interviews this week, the Washington Examiner asked 41 of [.].
Canaan lands $72M backing from trio of institutional investors
The post Canaan lands $72M backing from trio of institutional investors appeared com. Canaan Inc., one of the leading crypto mining companies, announced a new investment round from BH Digital, a division of Brevan Howard. The firm also tapped Galaxy Digital and Weiss Asset Management. Canaan Inc. attracted a $72M strategic investment from BH Digital, Galaxy Digital, and Weiss Asset Management. The deal was completed through the purchase of American depository shares, each representing 15 Class A common stock of the company. The deal did not include warrants, options, or other derivative instruments. Canaan is changing its capital markets strategy, aligning with the goals of the investor firms, announced the company. “We are deeply grateful to Brevan Howard, Galaxy Digital, and Weiss Asset Management for their participation,” said Nangeng Zhang, chairman and CEO of Canaan. “The investment will support Canaan’s continued innovation and growth across all areas of its business, reinforcing its commitment to strengthening the Bitcoin ecosystem through every phase of the cycle,” said Zhang. As Cryptopolitan reported earlier, the legacy BTC miner and rig producer is now trying to join the AI trend with new types of data centers. Canaan taps funds with long-term outlook The institutional ownership signals greater confidence in the company, as well as its long-term potential. Zhang noted that the purchase of common stock, instead of warrants or derivatives, reflects confidence in the company’s fundamentals. Canaan retains a relatively small treasury of 1, 582 BTC, though it seeks more liquidity and capital to reduce reliance on raises or stock dilution. Canaan will also add high-return computing projects, moving beyond crypto mining. In October, Canaan also benefited from interest in its Apollo mining computers, securing an order for 50, 000 machines for the US market. Canaan also operates eight data centers, taking up the model of small-cap computational operations, while making a bigger pivot into AI. As a smaller mining company, Canaan.
Australia Soon To Gain Access To BlackRock Bitcoin ETF
The post Australia Socom. BlackRock, the world’s largest asset manager, is reportedly planning to launch the i: IBIT) on the Australian Securities Exchange, extending its global Bitcoin investment strategy to the Asia-Pacific region. Expected to debut in mid-November 2025, IBIT will give Australian investors regulated exposure to Bitcoin through a traditional stock exchange structure, removing the need for offshore accounts or direct crypto custody. The ETF will carry a management fee of 0. 39% and will wrap the U. S.-listed iShares Bitcoin Trust (NASDAQ: IBIT), which has become one of the most successful ETF launches in history since its January 2024 debut. The Australian listing places the country alongside major jurisdictions such as the United States, Germany, and Switzerland where Bitcoin ETFs are already active. The move also reflects growing institutional demand for Bitcoin across the Asia-Pacific region as more investors seek regulated access to the asset. Australia’s embrace of crypto The announcement follows the Australian Securities and Investments Commission’s updated guidance reclassifying most digital assets as financial products, requiring service providers to obtain an Australian Financial Services Licence by June 2026. While Bitcoin itself is not a financial product, funds and platforms offering Bitcoin exposure will operate under this regulatory framework, providing additional investor protection and market transparency. In other words, a Bitcoin ETP or ETF lets investors gain exposure to Bitcoin without actually buying or storing the cryptocurrency themselves. Instead, the fund holds Bitcoin (or Bitcoin-related contracts) while investors simply buy shares on a stock exchange, with the share price moving alongside Bitcoin’s market value. It’s a convenient and easy way to get invested in Bitcoin. The announcement comes as Bitcoin trades down from record highs around $104,000, supported by rising inflows into global ETFs and accelerating institutional adoption. Earlier last month, BlackRock officially listed its iShares Bitcoin ETP (IB1T) on.
Best Crypto to Buy Now: DeepSnitch AI Surges 40% as Basel Committee Could Spark New Crypto Boom
Crypto regulation just flipped as the Basel Committee on Banking Supervision rethinks its strict 2022 rules on digital assets. This [.] The post Best Crypto to Buy Now: DeepSnitch AI Surges 40% as Basel Committee Could Spark New Crypto Boom appeared first on Coindoo.
Best Crypto Exchanges in 2025
The post Best Crypto Exchanges in 2025 appeared com. The crypto landscape in 2025 is more competitive than ever with heightened security standards, AI-assisted trading tools, and smoother on-ramps for fiat currencies. Among all contenders, CEX. IO stands tall as our top pick, thanks to its global reach, rich feature set, and exceptional accessibility. Yet, other platforms like Binance, Kraken, Coinbase, and Gemini each shine in their own right. Below is an in-depth look at five of the best crypto exchanges in 2025, each offering unique advantages to different types of users from first-time buyers to institutional traders. CEX. IO The Best Overall Crypto Exchange Founded in 2013, CEX. IO has evolved into one of the most versatile and accessible crypto platforms on the market. Operating across 185+ countries, it bridges traditional finance and digital assets through an ecosystem built for both beginners and professionals. From buying Bitcoin instantly to trading with leverage or earning passive rewards, the platform caters to nearly every type of user. Ease of Use When it comes to the interface and navigation, the CEX. IO crypto exchange prioritizes clarity and simplicity. Beginners can purchase crypto through Instant Buy, while traders enjoy full-featured Spot and Margin dashboards with real-time data and charting. Everything from deposits to conversions feels streamlined, with minimal friction between fiat and crypto balances. App and Features The CEX. IO mobile app for iOS and Android mirrors the platform’s smooth experience, supporting crypto purchases, swaps, and staking on the go. EEA residents gain access to the CEX. IO Crypto Debit Card, which instantly converts crypto to fiat for everyday purchases. Meanwhile, CEX. IO Earn lets eligible users allocate idle assets to flexible or fixed-term rewards programs. Professional traders can access Spot and Margin Trading with up to 20× leverage and benefit from deep liquidity and efficient order execution. Payment Methods CEX. IO boasts one of.
Ethereum Funding Rate Turns Red: Short Squeeze Brewing?
Data shows the Ethereum Funding Rate has declined into the negative zone. Here’s what has usually followed this trend in the last two months. Ethereum Funding Rate Suggests Traders Are Now Bearish As explained by analytics firm Santiment in a new post on X, shorts are dominating the Ethereum derivatives market now. The indicator of [.].
Ethereum Price Prediction: Can Ethereum Make A Huge Comeback This Winter? Hyperliquid Whales Prepare For Another Rally
The post Ethereum Price Prediction: Can Ethereum Make A Huge Comeback This Winter? Hyperliquid Whales Prepare For Another Rally appeared first The ETH price has started to recover, supported by renewed whale activity on Hyperliquid and optimism around growing DeFi adoption. While Ethereum eyes a move above $4,000, another rising star, Remittix (RTX), is gaining ground fast, with analysts calling it.
Bitcoin’s Whale Accumulation, Hyperliquid’s AI Liquidity Engine, and BullZilla’s Cinematic Presale Fuel the Next 100x Cryptos to Buy
Crypto’s comeback is in full swing. Bitcoin dances near record highs while Ethereum gas fees remind traders that volatility never [.] The post Bitcoin’s Whale Accumulation, Hyperliquid’s AI Liquidity Engine, and BullZilla’s Cinematic Presale Fuel the Next 100x Cryptos to Buy appeared first on Coindoo.
Which Crypto to Buy Now? Ethereum, XRP, Solana or BlockDAG
The crypto market in 2025 is at a defining crossroads. Institutional money is flowing back in, Layer-1 ecosystems are evolving, [.] The post Which Crypto to Buy Now? Ethereum, XRP, Solana or BlockDAG appeared first on Coindoo.