
Rahul Karunakar
Contributor at NDTV
Former editor @Reuters News. "I have an imagination for what I'm not, and a sense of humour for what I am.” Retweets are not endorsements.
Articles
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1 week ago |
blockhead.co | Rahul Karunakar
With institutional investors rekindling their interest in cryptos following US President Donald Trump's endorsement of the sector, a lesser-known division within the high-speed trading giant Tower Research Capital is discreetly ramping up its investments in digital assets. One of Tower's own quant trading divisions, Limestone Trading, has increased its funding for its crypto trading activities.
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3 weeks ago |
blockhead.co | Rahul Karunakar
A cryptocurrency initiative named Mantra, claiming to be a blockchain facilitating the exchange of "real-world assets," experienced a staggering 90% decline in the value of its token OM within just a few hours last week, resulting in a loss exceeding $5 billion. While traders continue to analyze the factors behind the token's drop to 50 cents, those with experience in the cryptocurrency sector recognize that the design of OM's token raised significant concerns.
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1 month ago |
wionews.com | Rahul Karunakar
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1 month ago |
wionews.com | Rahul Karunakar
The Indian Ministry of Law and Justice has formally requested a Gujarat court to serve legal documents to Gautam Adani concerning a bribery case under investigation by the United States Securities and Exchange Commission (SEC). The US SEC has levied bribery charges worth billions of dollars against Adani and his nephew, Sagar Adani. The SEC's claims centre on the payment of bribes to Indian government officials in order to negotiate overpriced energy contracts.
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1 month ago |
blockhead.co | Rahul Karunakar
The US Federal Reserve's approach is to wait and see how the hard data plays out. The central bank is not perturbed by massive negative bets and moves in financial markets. But the moves suggest the Fed trigger is not coming anytime soon for cryptos. If anything, Bitcoin has shown that the next Fed move could be a pause for a longer period than the rate cuts currently pencilled in for the early second half of this year.
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