India’s foreign exchange reserves increased by 3.825 billion dollars to 700.946 billion dollars for the week ended April 10, 2026, according to RBI data released on April 17. The rise was driven mainly by a 3.127 billion dollar increase in foreign currency assets to 555.983 billion dollars and a 601 million dollar rise in gold reserves to 121.343 billion dollars.
Striking the balance between sustainable practices and economic pressures will become important going ahead
Enormous Shiba Inu inflows are another reflection of the problematic state of the asset that brings way too much pressure during short-term rallies.
HSBC (NYSE:HSBC – Get Free Report) and Credit Agricole (OTCMKTS:CRARY – Get Free Report) are both large-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, valuation, analyst recommendations, risk and earnings. Insider & Institutional Ownership 1.5% of HSBC shares [...]
Dubai gold buyers return ahead of Akshaya Tritiya as prices ease, boosting jewellery, coin and bar sales across UAE showrooms amid strong festive sentiment.
(MENAFN - Live Mint) The Directorate General of Foreign Trade (DGFT) on Friday authorized 17 banks to import precious metals for the period from 1 April to March 2029, according to an official ...
HAVANA, Cuba (AFP) —The Cuban government has approved a measure allowing Cubans living abroad to invest in their home country, according to media reports Friday, as the communist island seeks a way out of a severe economic crisis. The new decree, approved Thursday by the Council of State, allows "Cuban citizens living abroad... to participate in the Cuban economic model." The move comes at a time when Cuba, under a United States (US) embargo since 1962, is facing a severe energy crisis that has crippled its economy after a de facto oil blockade by the United States. The energy crisis has prompted the Cuban government to expand the private sector, ending its state monopoly on fuel imports and allowing private entities to carry out direct imports. Last month, the Cuban government authorised partnerships between public and private companies for the first time in nearly 60 years, though the communist government will maintain a state monopoly in the health, education and defence sectors. In 2021, the Cuban government authorised the opening of private enterprises with up to 100 employees for certain sectors of the economy, and by last year, they employed more than 30 per cent of the active population and represented about 15 per cent of the country's GDP. Until recently, nearly 80 per cent of the Cuban economy was based on a centralised production system under the control of state-owned enterprises.
Canva has overhauled its design and workspace suite as it attempts to become the ultimate centralized hub for AI-powered content creation. The platform announced its Canva AI 2.0 update today, introducing updated tools and new prompt-based editing capabilitie...
It hasn't been officially announced, but Walmart's website now has a listing for an updated version of its budget-friendly Onn 4K Pro streaming box that originally debuted in May 2024. Following technical illustrations that leaked less than a month ago, the l...
YouTube's time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previo...
A NAS without dependable storage is just a very patient disappointment.
Aave has surged more than 30% since Monday, making it one of the standout performers in a market that has been searching for momentum. The move is drawing attention — and raising a question that is worth examining carefully: is this a genuine recovery, or a relief bounce after one of the most turbulent stretches in the protocol’s recent history? Related Reading: XRP Volatility Just Hit A Multi-Year Low – Analysts Explain Something Is About To Change To understand what the rally means, it helps to understand what preceded it. According to top analyst Darkfost, Aave has been navigating a serious confidence crisis. Chaos Labs, the risk management firm that played a central role in the protocol’s safety infrastructure, recently exited, citing fundamental misalignment on risk strategy, rising complexity from the upcoming V4 upgrade, and economics it considered unsustainable — this despite a $5 million budget proposal on the table. The departure did not happen in isolation. It followed the exits of ACI and BGD Labs, two other key contributors, raising legitimate concerns about operational continuity and who exactly is steering Aave’s risk framework as it moves into its next phase. That wave of exits drove the token into a steep decline on top of an already difficult broader market correction. Aave ultimately reached a drawdown of 81.6% from its peak — a level that brought it back to valuations last seen during the previous bear market. That is the context behind this week’s 30% move. And at those depths, Darkfost notes, extreme drawdowns can begin to look like opportunity rather than warning. Aave Has Fallen Twice as Hard as Bitcoin One of the more telling observations in Darkfost’s analysis is the comparison between Aave’s current drawdown and Bitcoin’s. During the previous bear market, the two assets experienced corrections of roughly similar magnitude — a reflection of a market where capital pain was distributed relatively evenly across the ecosystem. The current setup looks nothing like that. Bitcoin is down approximately 40% from its all-time high. Aave is down 81.6%. That is not a small gap — it represents Aave losing more than twice as much of its value relative to where Bitcoin stands. For anyone holding Aave through this cycle, the underperformance has been significant, and it reflects a broader pattern playing out across the altcoin market right now. The divergence reinforces something that has become increasingly clear in this cycle: Bitcoin is acting as the anchor, the primary destination for capital when the market contracts, and the last asset to give up ground. Altcoins, particularly those facing protocol-specific headwinds like Aave has, have absorbed a disproportionate share of the selling pressure. What makes the comparison useful is not the pain it quantifies, but the question it raises. If Aave has already absorbed twice Bitcoin’s correction — including the impact of genuine protocol uncertainty — the question of whether that gap eventually closes becomes an interesting one. The 30% rally this week suggests some investors are beginning to ask it. Related Reading: Ethereum Buyers Dominate Like It’s 2021 – Find Out What Happens Next AAVE Tests Key Resistance After Capitulation AAVE’s price structure reflects a market attempting to transition out of a prolonged downtrend into a short-term recovery phase, but without confirming a broader reversal yet. After peaking above $200 in late 2025, the asset entered a sustained decline marked by a clear sequence of lower highs and lower lows. That trend culminated in a sharp capitulation move in early February, where price briefly dropped below $100 on elevated volume, signaling forced selling and a reset in positioning. Since then, AAVE has stabilized and formed a base between roughly $95 and $115. The recent breakout toward the $115–$120 region represents the first meaningful attempt to reclaim prior support as resistance. This level is technically significant, as it acted as a consolidation zone during the breakdown phase and now serves as a key decision point. Related Reading: Bitcoin Miners Are Choosing To Hold At $74K: Changing The Supply Picture Volume has increased modestly during the recent push higher, suggesting some return of demand, but not yet at levels that confirm strong conviction. The structure remains fragile: price is still operating within a broader bearish framework unless it can establish higher highs above $120–$130. If AAVE holds above $110 and consolidates, it could build momentum for a deeper recovery. Failure to sustain this level would likely return the price to its prior range. Featured image from ChatGPT, chart from TradingView.com