Finance

MUMBAI: Amid the crypto frenzy fuelled by Trump and the digital asset making inroads, new players planning to set up shop in India are dealing with a curious rule: they need ‘fit and proper’ certificates-not from government agencies or any of financial market regulators, but from existing cryptocurrency service providers. In a regulatory void, judging

The much debated Special Intensive Revision (SIR) of Bihar crossed a key milestone on Friday, hitting the July 25 enumeration form submission deadline- reporting 99.8% electors covered but also near 60.5 lakh electors names set for deletion due to a variety of reasons. As the Election commission heads to the crucial Phase 2 of SIR

New Delhi: The Parliament is expected to run smoothly next week starting Monday as the ruling and Opposition sides reached an agreement over taking up a special discussion on the Pahalgam terror attack and Operation Sindoor on Monday in the Lok Sabha and the next day in Rajya Sabha. Defence minister Rajnath Singh is likely

Synopsis Ursula von der Leyen and Donald Trump are set to meet in Scotland to address the transatlantic tariffs standoff, with a crucial August 1st deadline looming. Trump has threatened to impose significant tariff hikes if a deal isn’t reached, while the EU is preparing retaliatory measures. Despite signals of progress, Trump estimates only a

Chief Minister Rekha Gupta-led Delhi government has moved the Supreme Court challenging the blanket ban on diesel vehicles older than 10 years and petrol vehicles older than 15 years. A three-judge bench headed by Chief Justice BR Gavai is likely to hear the plea today. The plea seeks to recall the top court’s October 29

Rajasthan is on India Meteorological Department’s (IMD) red alert today. Baran, Bharatpur, Jhalawar and Karauli districts are on red alert today. Amid possibility of heavy rains on July 28, the weather department issued a nowcast warning at 5:35 AM which will remain effective for the next two hours. “Light rainfall is very likely to occur

The renowned satirical songwriter and math prodigy, Tom Lehrer, died at the age of 97. He was found dead at his home in Cambridge, Massachusetts on Saturday, Longtime friend David Herder confirmed. Who was Tom Lehrer? Born in 1928 in New York City, Tom was the son of a prosperous necktie designer. He fondly remembered

Copyright &copy HT Digital Streams Limited All Rights Reserved. Varying incentives for EVs and hybrids across states have sparked an intense lobbying in state capitals. (Bloomberg) Summary Automakers are at loggerheads: Tata and Mahindra backing EVs on one side, and Maruti and Toyota pitching hybrids on the other. Each side has its own claims on

Thai and Cambodian leaders are expected to meet on Monday in a bid to end the most intense border violence between their countries in more than ten years. The talks come after President Donald Trump intervened by threatening trade tariffs to push for a ceasefire. Thailand’s Acting Prime Minister Phumtham Wechayachai and Cambodian Prime Minister

Altcoin market cap hits $1.5 trillion USD this week, sector valuations not seen since the start of 2025. Further regulatory tailwinds: ‘Ethereum Is Not a Security’ statement sparks another win for the industry. Charts I’m watching:  Bitcoin, weakness on the weekly chart Follow me on X to keep up to date as market news lands or my instagram.  It’s another week of green as markets come back to life, and this time, it’s not just Bitcoin enjoying the limelight.  However, we are now seeing a bit of a pullback heading into the back of the week – more on that soon…  But to reflect on altcoin markets recently, this is the first time since the start of 2025 that the market cap of all coins except Bitcoin has reached valuations of $1.5 trillion USD. Source: TradingVew ETF Demand for ETH And when we look at crypto ETF activity, there is a telling tale of demand. According to Farside data, 59% of all Ethereum net inflows have occurred since the start of June 2025 – a striking trend considering these ETFs debuted in July 2024. We may have further industry clarity to thank for this surging demand for Ethereum, on which there has been major progress as of last week.  Further Industry Clarity  With the passing of the GENIUS, Clarity, and anti-CBDC bills in the US last week, the market is now seeing the first steps toward what the Trump administration had pledged – a legal framework paving the way forward. And to fan further optimism, Securities and Exchange Commission (SEC) Chairman, Paul Atkins made headlines this week, stating that Ethereum is ‘not a security.’ As Commissioner Atkins says in his interview with CNBC, this is a step for further innovation for the Ethereum blockchain. What you need to know about this news is simple – it could set a precedent for how other digital infrastructure assets are treated in the US, potentially easing investor concerns and opening the door to broader institutional participation. But like I said at the start of this write up, it’s not all been green and gravy for Bitcoin and altcoin markets. Let’s talk about the ugly I saw on the charts at the start of this week, which have now come to life as we see Bitcoin trading around $115k USD.  $BTC setting up a nasty rejection candle on the weekly. Could be time for a cool off — Pav 🇦🇺 (@pavhundal) July 20, 2025 Bitcoin showing a sign of weakness on a high time frame. If prices stay within current ranges of sub $120,000 – we are not looking great. There is a good chance that we start to push lower and retest some levels below.  I’ll show you what I mean.  Source: TradingVew BTCUSDT – weekly chart This pattern is often referred to as a single failure pattern (SFP), and it essentially sets up the scenario where a reversal could form.  Think about it like this – during the previous week’s candle, we pushed to new all-time highs, while we had more selling than buying. It’s simply just that. The BTC run never likely to be sustainable. Big news week ahead We also have major news events landing all through next week, so it’s understandable the market is taking a more cautious approach into key growth, inflation and employment data releases.  Next week kicks off a gauntlet of economic updates that will stretch into early August. My spotlight is firmly on the US, especially after the European Central Bank held rates steady this week. It all matters – we have GDP growth, inflation and employment data to land… pic.twitter.com/fHQDVyEdSF — Pav 🇦🇺 (@pavhundal) July 25, 2025 Follow me on X to keep up to date as market news lands! Or My instagram.  Keep up to date. Stay informed and connected! Subscribe to Crypto with Pav on YouTube, where I dive into the latest trends. You can also follow me on Substack for my weekly newsletter. You can also follow me on X. Cheers! Read More