Delhi air quality improves to 'poor' category with change in wind flow, AQI at 280 | Oneindia News
Video Credit: Oneindia - Duration: 02:31s - Published
Delhi air quality improves to 'poor' category with change in wind flow, AQI at 280 | Oneindia News
The air quality of Delhi improved from the 'very poor' to the 'poor' category today; The government has listed the Banking Laws (Amendment) Bill 2021 to privatise two public sector banks; The SC concluded hearing the PIL on the Delhi pollution crisis and posted the matter for hearing on Monday; India’s proposed bill on cryptocurrencies led to a disaster in the virtual coin market late as prices of Bitcoin, Ether and other altcoins plunged.
The Central Bureau of Investigation (CBI) on Wednesday arrested a close associate of Congress leader Karti P Chidambaram in the ongoing visa corruption case. The.. IndiaTimes
In a tragic incident that took place in Bengaluru on Saturday evening, a Bruhat Bengaluru Mahanagara Palike mowed down a 25-year-old youth, reportedly a Swiggy delivery boy, on Nagawara-Thanisandra main road. This is the fourth such incident reported in 2 months. According to the official police report, a speeding BBMP truck knocked down the bike and ran over him.
#BBMPGarbageTruck #Bengaluru #SwiggyDeliveryBoy
In a horrifying incident that took place in Ghaziabad on Wednesday evening, a juice seller was assaualted over payment of Rs 90 and later died owing to the critical injuries. He was allegedly assaulted by three suspects who refused to pay ₹90 for the lemonade they purchased at his stall near River Hindon Metro station.
#Ghaziabad #JuiceSellerAssaulted #GhaziabadJuiceSeller
Covid cases are surging once again in the country. India on Friday reported 3,688 fresh covid-19 cases in a span of 24 hours. With this the total tally of infections in the country jumped to 4,30,75,864.
#Covid19 #Covid19Cases #India
Bitcoin Bounces Back , After Stablecoin Collapse , Sends Crypto Markets Into Tailspin.
On May 13, cryptocurrencies
saw bitcoin fight back
to rise above $30,000. .
However, bitcoin is still facing a record losing streak after the collapse of TerraUSD sent shockwaves through cryptocurrency markets.
Reuters reports that high inflation
and rising interest rates have swept
crypto assets up in a broad selloff.
Bitcoin reached a 16-month low
of around $25,400 on May 12. .
The largest crytocurrency by total
market value managed to bounce back
in the Asian session to $30,500.
Reuters reports that bitcoin is likely to record
a seventh consecutive week of losses
without a big rebound over the weekend.
I don't think the worst is over.
I think there is more downside
in the coming days, Scottie Siu, Investment director of Axion
Global Asset Management, via Reuters.
I think what we need to see
is the open interest collapse
a lot more, so the speculators
are really out of it, and that's
when I think the market will stabilize, Scottie Siu, Investment director of Axion Global
Asset Management, via Reuters.
Since November, selling has just
about halved the global market
value of cryptocurrencies.
According to ratings agency Fitch,
cryptocurrencies and digital finance could face , "significant negative repercussions" , if investors lose confidence in stablecoins.
Many regulated financial entities
have increased their exposure to
cryptocurrencies, defi and other forms
of digital finance in recent months, and
some Fitch-rated issuers could be affected
if crypto market volatility becomes severe, Fitch note, via Reuters.
Many regulated financial entities
have increased their exposure to
cryptocurrencies, defi and other forms
of digital finance in recent months, and
some Fitch-rated issuers could be affected
if crypto market volatility becomes severe, Fitch note, via Reuters
Credit: Wibbitz Top Stories Duration: 01:31Published
Cryptocurrency values are taking a further pounding amid a resumption in a wider flight from risk over growing fears of an inflation-driven global recession. Sky News
Bitcoin Sinks to , 10-Month Low.
Reuters reports that on May 9,
Bitcoin hit its lowest point since July 2021.
At one point, it dropped to $32,763.16.
Reuters reports that since the cryptocurrency reached an all-time high of $69,000 last November.
it has lost over half its value and
fallen 13% in May thus far. .
Matt Dibb, COO of crypto platform
Stack Funds, addressed the current trend.
I think everything within crypto is still classed as a risk asset, and similar to what we've seen with the Nasdaq, most crypto currencies are getting pummeled, Matt Dibb, COO of crypto platform Stack Funds, via Reuters.
As the U.S. Federal Reserve continues to hike interest rates to battle inflation.
the Nasdaq dropped 1.5% last week, losing 22% year to date.
Reuters reports that Ether, the second-biggest cryptocurrency in the world, also hit its lowest point since February on May 9 at $2,360
Credit: Wibbitz Top Stories Duration: 01:30Published
Fidelity Offers 401(k) Investors , Access to Bitcoin.
The investment company announced the change to its policy on April 26.
It is the first retirement investments company to allow investors to add bitcoin to their plans.
In addition, the more
than 23,000 employers that
use Fidelity will be able to take
advantage of the crypto policy.
There is growing interest from plan sponsors for vehicles that enable them to provide their employees access
to digital assets in defined
contribution plans, , Dave Gray, Fidelity Investments, via CNBC.
... and in turn from individuals with an appetite to incorporate cryptocurrencies into their long-term investment strategies, Dave Gray, Fidelity Investments, via CNBC.
Fidelity Investments administers over
$11 trillion in assets.
The company ranks as the biggest provider of retirement plans in the U.S.
Its shift in allowing
crypto is expected to
further push the currency
into the mainstream.
Despite this, federal regulators such as the
Department of Labor have urged companies to
"exercise extreme care" in offering crypto
as part of retirement savings.
Excess valuation and the volatile nature of digital currency are two aspects that give regulators pause.
The Department of Labor also warns that crypto can be lost due to a situation as arbitrary as an investor forgetting their password. .
According to Fidelity, the company compiles bitcoin in a digital assets account (DAA).
Fidelity promised "institutional-grade security" when it comes to the stability of bitcoin held in the DAA.
Fidelity's DAA holds both bitcoin and short-term money market investments
Credit: Wibbitz Top Stories Duration: 01:30Published
India’s top microbiologist and virologist, Gagandeep Kang said Omicron could be more transmissible; Government in farm laws repeal note; Delhi schools will be reopened from November 29 for all..
The BJP has issued a whip to its Lok Sabha MPs to be present on Monday when a bill to repeal the three farm laws will be tabled by Union Agriculture Minister Narendra Singh Tomar in Parliament; PM..
Today, officials in Tamil Nadu said that a red alert for heavy rainfall has been issued for 5 districts of the state, and schools and colleges have been closed in 22 districts; 14 opposition parties..
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