The Bitcoin price has fallen below ₹75 lakh in India amid increasing selling pressure in the global markets. As rising oil prices, higher US yields, and growing inflation concerns are weighing on risk assets, Bitcoin and other cryptocurrencies are facing renewed pressure. At the same time, the weakening rupee is helping cushion this drop in
Key Takeaways BitPlanet paid $9,999,228 (about ₩13.4 billion) for 1,204 Bitmain hydro-cooled rigs, now live in Oman and Paraguay. The 0.86 EH/s fleet could produce nearly double its 7 $BTC monthly target at current difficulty; the guidance looks net of costs. Korea’s first regulated Bitcoin treasury company is shifting from buying coins to producing them,
Fidelity Digital Assets is doubling down on its bet that Wall Street infrastructure and blockchain rails can work side by side. On Sept. 9, the firm renewed its institutional push for the Fidelity Digital Dollar stablecoin, framing the Ethereum-based token as a tool built for payments, settlement and tokenized markets rather than just another line
Cryptocurrency analytics company Glassnode has stated that the next key support level investors should watch if Bitcoin falls below its current price range is $75,000. According to the company, while Bitcoin continues to find buyers at current levels, long-term investors are facing strong resistance from a high cost zone. Glassnode data shows that Bitcoin is
While most investors and analysts were focused on the technology sector – with a particular eye for the wider artificial intelligence (AI) space – and energy, a different industry produced one of the best-performing exchange-traded funds (ETFs) on record. Specifically, the Breakwave Tanker Shipping ETF (BWET) started 2026 trading at $18.73 and is, at press
Valinor Digital launched a tokenized fund that holds a basket of publicly traded business development companies, offering qualified purchasers exposure to a private credit return profile with daily subscriptions and redemptions, the firm said on Thursday. The Valinor BDC Exposure Fund, ticker VBDC, is issued as a series of Superstate Asset Trust on Superstate’s FundOS
Bitcoin slipped below the psychologically important $77,000 level on Thursday as investors sharply increased their expectations of another Federal Reserve interest-rate hike. The world’s largest cryptocurrency fell to an intraday low of roughly $76,748 on Sept. 10. Fed hike odds surge after hot inflation data Expectations of tighter monetary policy jumped on Thursday after the
Latitude raised a $35 million Series A led by Oak HC/FT to connect stablecoin settlement to local payment rails, the company said Wednesday. NEA, Coinbase Ventures, Lightspeed Faction and OpenFX also took part. The money goes into licences and local payout connections, the leg of a stablecoin payment that still runs through banks and domestic
Here is an awkward problem for companies that are putting stocks on a blockchain: The onchain data can show who owns the token, but the legal shareholder record sits somewhere else. So, when it comes to which database to consider as the legal record for these tokenized stocks, lawyers will currently pick the one that