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Market borrowings to rise in FY27, higher supply likely to weigh on bond markets: NSE Report
economictimes_indiatimes62d ago

Market borrowings to rise in FY27, higher supply likely to weigh on bond markets: NSE Report

India's market borrowings are set for a significant jump in FY27, with gross borrowings reaching Rs 17.2 lakh crore. This substantial increase, a 17.7% rise year-on-year, is expected to put pressure on bond markets. Net borrowings will also climb, highlighting the government's continued reliance on market funding to bridge its fiscal deficit.

#STOCKS
PRECIOUS-Gold, silver extend free fall as CME margin hike fuels selling pressure
devdiscourse62d ago

PRECIOUS-Gold, silver extend free fall as CME margin hike fuels selling pressure

A rout in gold and silver intensified on Monday after top commodity exchange CME Group raised margin requirements following a collapse in metals prices last week that was triggered by Kevin Warshs nomination as the next Fed chair Spot gold fell 61 to 456579 per ounce by 0726 GMT after shedding more than 9 on Friday in its sharpest one-day drop since 1983 The metal has lost more than 1000 since hitting a record high at 559482 on Thursday erasing most of this years gains

#STOCKS
Bitcoin Price Can’t Reclaim $80K, Putting $70K On The Radar
newsbtc62d ago

Bitcoin Price Can’t Reclaim $80K, Putting $70K On The Radar

Bitcoin price started a major decline below $80,000. BTC is down over 10% and might soon test the $70,000 support zone. Bitcoin failed to remain above $82,500 and started another decline. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $79,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip further if it trades below the $75,000 and $74,000 levels. Bitcoin Price Dips Again Bitcoin price failed to remain stable above the $85,000 zone. BTC started a major decline below the $83,200 and $82,500 levels. The bears were able to push the price below $80,000. It spared major bearish moves, pushing the price below $78,000. A low was formed at $75,665, and the price is still signaling more downsides. There is also a bearish trend line forming with resistance at $79,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $78,500 and the 100 hourly simple moving average. If the price remains stable above $75,000, it could attempt a fresh increase. Immediate resistance is near the $78,500 level. The first key resistance is near the $79,200 level or the 23.6% Fib retracement level of the downward move from the $90,440 swing high to the $75,665 low. A close above the $79,200 resistance might send the price further higher. In the stated case, the price could rise and test the $82,000 resistance. Any more gains might send the price toward the $83,000 level or the 50% Fib retracement level of the downward move from the $90,440 swing high to the $75,665 low. The next barrier for the bulls could be $84,000 and $84,500. More Losses In BTC? If Bitcoin fails to rise above the $79,200 resistance zone, it could start another decline. Immediate support is near the $76,200 level. The first major support is near the $75,500 level. The next support is now near the $75,000 zone. Any more losses might send the price toward the $72,000 support in the near term. The main support sits at $70,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $75,500, followed by $75,000. Major Resistance Levels – $79,200 and $82,000.

#CRYPTO
google62d ago

Trump family crypto firm sold major stake to UAE investment firm - The Washington Post

Trump family crypto firm sold major stake to UAE investment firm The Washington Post‘Spy Sheikh’ Bought Secret Stake in Trump Company The Wall Street JournalU.A.E. Firm Quietly Took Stake in the Trump Family’s Crypto Company The New York TimesUnited Arab Emirates' 'Spy Sheikh' bought secret stake in Trump crypto company: WSJ CNBCAbu Dhabi Royal Bought Stake in Trump’s Crypto Venture, WSJ Says Bloomberg

#CRYPTO
Bitcoin’s 40% Plunge Exposes Structural Weakness in Cryptocurrency Market Demand
webpronews62d ago

Bitcoin’s 40% Plunge Exposes Structural Weakness in Cryptocurrency Market Demand

Bitcoin's 40% decline over four months reflects fundamental weakness in cryptocurrency demand as both institutional and retail investors retreat. Bloomberg attributes the downturn to an absence of buyers and deteriorating belief in digital assets' value proposition amid regulatory uncertainty and macroeconomic pressures.

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miningweekly62d ago

Capstone Copper restarts Chile's Mantoverde mine while strike continues

Capstone Copper resumed operations at its Mantoverde copper and gold mine in northern Chile, even as a strike by a labor union representing nearly 22% of its workforce continued, the Canadian miner said on Monday.The company, in an Australian exchange filing dated February 1, reiterated it expects to continue operations at a level between 50% to 75% of normal production during the strike.

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