The Nifty 50 has set a historic record by failing to surpass its previous day’s high for 12 consecutive trading sessions from August 4 to August 19, 2026. This is the longest streak of its kind in Nifty’s history, breaking the previous record of 9 consecutive sessions, most recently recorded in December 2014. Nifty’s Record
Goldman Sachs is projecting a dramatic acceleration in the US ETF market, with the bank forecasting that US ETF growth in 2026 will push total investments in exchange-traded funds beyond $2 trillion. That figure alone would mark a striking jump from where the market stood just a year earlier, and it signals something bigger than
Solana’s blockchain is having a moment that traders can’t ignore, and the numbers behind it are hard to dismiss. According to data reported by Coinfomania, tokenized AI stocks trading on Solana have now crossed $465 million in cumulative volume, while stablecoin issuer Circle has minted more than $10 billion in $USDC on the network in
Bitdeer Technologies just locked in one of its biggest bets yet on artificial intelligence, and it has nothing to do with mining Bitcoin. The company announced a Bitdeer AI cloud deal worth roughly $400 million in contracted revenue, tied to a five-year offtake agreement that will fill half the capacity of a brand-new data center
South Korea’s Hanwha Asset Management is making a strategic move into digital assets through a new partnership with Ripple and U.S.-based Canary Capital, according to an exclusive report by Hankyung. The collaboration signals a growing interest from traditional financial institutions in blockchain-based products, particularly in the area of real-world asset (RWA) tokenization. Strategic Partnership Details
Tether invested $134 million in failing biopharmaceutical firm NovaBay in March, turning it into a stablecoin holding company. The move completely altered the path of the New York Stock Exchange-listed corporation. Its name was changed to Stablecoin Development Corporat, and it was used to purchase and stake a large swath of rival stablecoin USDS (previously
The broader cryptocurrency market is regaining momentum as improving liquidity conditions fuel expectations of another bullish leg. Bitcoin has broken past the psychologically important $70,000 mark after rallying 7% on Wednesday and it is now trading above $71,000. The rally followed the US Treasury Department’s decision to expand buyback operations for longer-dated government securities in
President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases. For Bitcoin, Trump’s 2025 executive order already directs Treasury and
The American mutual fund Kinetics Internet Portfolio, which has $275 million in assets and is part of Kinetics Portfolios Trust, has acquired a direct equity stake in Ripple Labs Inc. The investment was disclosed in the fund’s quarterly Form NPORT-P report filed with the U.S. Securities and Exchange Commission (SEC). According to the document, the