Finance

New Delhi, Jul 25 (PTI) Non-communicable diseases (NCDs) account for 63 per cent of all deaths in India, with heart disease, diabetes, and stroke impacting the workforce, according to a study by digital health firm MediBuddy and CII. The study noted that the doctor-to-population ratio remains below WHO guidelines, with 70 per cent of Indians

Jim Cramer announced on CNBC he’s purchasing Bitcoin for his kids as protection against the US’s $37.8 trillion debt burden. Bitcoin fell over 1% to US$118,664 after Cramer’s comments, dropping nearly US$5k from its 14 July all-time high of US$123,091. The “Inverse Cramer” phenomenon continues, where traders often do the opposite of what the famous TV host recommends due to his track record. Cramer previously called crypto critics “a bunch of yahoos” but now sees Bitcoin as “a nice hedge” against his fears about mounting government debt. Articles about Jim Cramer usually feature some element of flip‑flopping: either Cramer does the opposite of what the market expects, or the market tanks after he makes a bold statement or endorsement. Let’s check in with Cramer in July 2025 – and guess what? He’s actually buying Bitcoin for his kids. Cramer told CNBC he’s worried about US debt and his children’s future and hence believes buying Bitcoin seems like a good idea. Inverse Cramer Still a Thing in 2025? BTC didn’t exactly crash, but it did lose just over 1 % in the past 24 hours. The largest crypto currently trades for US$118,664 (AU$179,451), down almost US$5k (AU$7.5k) from its all-time high of US$123,091 (AU$186,146) on 14 July. Other large coins, such as Ethereum (ETH) and XRP, are also down – 2 % and 8 % respectively over the past 24 hours. Related: SEC Fast‑Tracks, Then Freezes Bitwise’s Crypto Index ETF Conversion Cramer’s comments come as US debt rises to US$37.8 trillion (AU$57.1 trillion) amid Trump’s “Big Beautiful Bill”, which is set to increase the debt further. The famed TV host said he’s worried about the debt but believes the US will somehow manage it – yet sees buying Bitcoin as a hedge: “I know we can grow our way out of this. My hope is we do that, but I’m just very worried about my kids”, he said, adding that BTC is “just a nice hedge for what I’m afraid”. Cramer’s predictions have a long online history as a market gauge – Inverse Cramer describes traders doing the opposite of his recommendations. Cramer Lashed Out at “Bunch of Yahoos” The CNBC host also clashed with the crypto community in the past. In November, on his ‘Mad Money’ show, he called critics a ‘bunch of yahoos’ for blaming him for a crypto market drop. He pointed out he’d held crypto for a long time, and again cited government debt as the basis for his conviction. Whether he still moves markets remains to be seen, though some believe he does. Pack it up boys, bear market confirmed — LANGERIUS (@langeriuseth) July 23, 2025 So, regardless of whether you expect the bull run to continue, an incoming alt‑season, or bears to take over, according to Cramer, “people want to own some [Bitcoin] as a hedge against the 37.8 trillion dollars.” Related: Tapping Into Crypto Podcast Market Check: Altcoins, ATH XRP & Ethereum’s Surge Read More

Ethereum is catching serious attention from institutions, and Galaxy Digital CEO Mike Novogratz believes that could tilt the crypto balance. With large firms like BitMine, Sharplink Gaming, and Ether Machine collectively holding over 1.3 million ETH, a potential supply crunch may be in the making.  Novogratz told CNBC that this surge in institutional interest could

The crypto landscape in Vietnam has experienced a significant transition from an unregulated to a regulated one. Since 2017, Vietnam has been working on regulating cryptocurrency within a modern framework, and this effort is still ongoing as of 2025. Therefore, cryptocurrency is not banned in Vietnam; however, it is neither legally considered nor protected as

Russia emerged as a major crypto hub in Europe after President Vladimir Putin signed a law in July 2020 legalizing digital financial asset (DFA) transactions. Since then, the country has made significant progress in the digital asset space. Now, in 2025, Russia is strengthening its position further by introducing stricter laws aimed at building a

In 2025, Dubai crypto regulation has strengthened the city’s role as a global crypto hub. Led by the Virtual Asset Regulatory Authority (VARA), Dubai offers a clear and secure framework that attracts major platforms like Binance, Coinbase, Crypto.com, and OKX. These regulations aim to enhance market integrity while aligning with global AML standards. Table of

When Ripple (XRP) gained traction as a cryptocurrency that transformed cross-border payments, it captured both investor interest and market relevance. Today, Ruvi AI (RUVI) is earning similar attention from experts who see it as more than just another blockchain project. With its utility-first approach, structured growth strategy, and early momentum, Ruvi AI is positioned to

Anil Ambani money laundering ED raids have once more brought the spotlight back on the embattled business owner and his struggling monetary realm. The Enforcement Directorate (ED) lately conducted a series of raids across numerous places connected to Anil Ambani, consisting of workplaces and houses in connection with alleged violations under the Avoidance of Money Laundering Act (PMLA). According to authorities, the raids are part of a continuous investigation right into questionable financial purchases involving offshore entities and possible diversion of large sums of money. The ED believes that certain funds directed with covering firms abroad might have broken foreign exchange and anti-money laundering legislations. The examination reportedly obtained momentum after fresh inputs were received from global monetary watchdogs and recent findings from other recurring cases. The ED is likewise believed to be taking a look at monetary links in between different companies connected with the Dependence ADA Team and deals flagged as potentially suspicious. These raids note a substantial growth in a string of lawful and monetary difficulties Anil Ambani has dealt with for many years, including top-level defaults and legal disputes connected to debt commitments and abroad bank loans. While no official declaration has actually been provided by Ambani or his group up until now, the ED’s actions signify a much deeper probe into company funds and offshore holdings. Business area and monetary regulatory authorities are carefully watching this instance, provided its prospective influence on company transparency and capitalist view. As the examination unravels, more revelations are anticipated pertaining to the range of the alleged money laundering and the network of purchases under analysis. This advancement once again raises questions concerning the administration practices of huge company conglomerates and the effectiveness of oversight mechanisms in tracking cross-border economic tasks.

MoonPay has entered the liquid staking market with a new Solana product, mpSOL, offering an 8.49% annual yield with no lock-up period and allowing users to stake as little as $1 in SOL. mpSOL rewards accrue every 48 hours, and unstaking is available anytime. However, it excludes users in the European Economic Area and New York state. The company hopes its broad consumer reach and simple interface will help it capture market share amidst growing interest in Solana staking. MoonPay is entering the liquid staking arena with a new Solana product offering 8.49 % annual yield and no lockups, as institutional and retail interest in Solana staking accelerates. The product, launched July 23, allows users to stake as little as one dollar in SOL and receive a liquid staking token called mpSOL. The rewards accrue roughly every 48 hours, with unstaking available at any time.  But keep in mind the feature is geo-restricted, excluding the European Economic Area and New York state. Related: Strategy Unveils “STRC” Perpetual Preferred Stock to Power Its Bitcoin Hoard A Heated Market MoonPay, known for its crypto-fiat onramp, believes mpSOL is “a user-friendly entry point” for crypto-native yield, with CEO Ivan Soto-Wright stating the company aimed to “mirror the ease and familiarity of a traditional savings account” while harnessing blockchain-based returns. With staking, we’re removing the barriers that have kept everyday users from benefiting from crypto rewards. We’ve built a product that mirrors the ease and familiarity of a traditional savings account, but with the earning potential of blockchain networks behind it. Ivan Soto-Wright, CEO & Co-founder at MoonPay MoonPay is entering a saturated market already dominated by Solana-native liquid staking platforms like Marinade and Jito, both offering similar yields and high liquidity. But MoonPay is betting on its broader consumer reach and simpler interface to carve out market share. The launch comes amid a surge in Solana staking activity. In April 2025, Solana briefly overtook Ethereum in total value staked, reaching US$53.9B (AU$81.6B) compared to US$53.7B (AU$81.3B). But that dominance didn’t last for long, as Ethereum quickly regained the number one spot with a staking market cap with over US$129.9 (AU$196B), while Solana sits at US$76B (AU$115B). Source: Stakingrewards.com Still, Solana’s yield is around 7.49 %, while Ethereum’s has hovered near 3.05%. Related: Cardano: A Sleeping Giant? Read More

Consistency beats perfection.You don’t have to get everything right the first time. You just have to start, listen and keep going From broke student to half a million followers, Queenie Tan has turned her own money struggles into Australia’s most relatable finance education empire. But her latest venture, Billroo, started with something much simpler: frustration with every budgeting app on the market. Bootstrap life: $30k and a dream Like most founders, Queenie’s eureka moment came from solving her own problem. Despite being a finance educator through her platform Invest with Queenie, she couldn’t find a budgeting app that actually worked for her and her partner Pablo’s shared expenses. “I’ve tried so many different budgeting apps, but I kept going back to using a spreadsheet because I couldn’t find one that did everything I wanted,” Queenie explains. That personal spreadsheet became the foundation for something bigger when she shared it with her followers. “It struck a chord,” she recalls. “So many people said they were looking for something similar, and that gave us the confidence to start building it into something more.” Armed with validation from her community, Queenie and Pablo took the leap. They bootstrapped Billroo’s first version with $30,000 of their own savings – a web app that would become their testing ground for bigger ambitions. We just kept going. We listened to our early users, fixed what wasn’t working, and kept refining The early days weren’t glamorous. “It was buggy, and uptake was slower than we hoped,” Queenie admits. “Honestly, it was disheartening.” But instead of pivoting or giving up, Queenie applied the same principles she teaches her followers about money management: persistence and incremental growth. “We just kept going. We listened to our early users, fixed what wasn’t working, and kept refining,” she says. What sets Billroo apart isn’t just its features – it’s the philosophy behind it. While most finance apps emphasize discipline and data, Queenie and Pablo focused on something else entirely: human behavior and mindset. “We wanted to design something that felt friendly, empowering, and fun, not something that made people feel guilty or overwhelmed,” Queenie says. This approach shows in every aspect of Billroo. Users can create budgets with custom categories and limits, track spending in real-time, and even ask AI-powered finance questions directly in the app. It’s designed for Millennials and Gen Zs who want control over their money without needing a finance degree. The app also prioritizes privacy through open banking technology, letting users securely link bank accounts without sharing login details – a modern approach to financial data control. The turnaround That steady, user-focused approach has paid off dramatically. Billroo now has over 5,000 users, most discovering the platform organically through social media and word-of-mouth. More impressively, the company is on track to be profitable within four months – a rare achievement for an early-stage tech startup. “Success doesn’t have to come at the expense of joy,” Queenie reflects. “We built Billroo to make money management feel good. That principle has guided every decision we’ve made and it’s why our users keep coming back.” Queenie’s mission to make finance fun extends beyond Billroo. Her upcoming book, The Fun Finance Formula, distills years of community conversations and personal transformation into a practical guide for building wealth without sacrificing joy. “It’s not a finance book,” Queenie says. “It’s a freedom formula.” The book introduces concepts like the Money Quadrants framework and the ‘3 F’s of Budgeting,’ designed to help readers shift from restrictive money management to an aligned approach that actually sticks. Founder lessons Having built both a business and a brand from scratch, Queenie has crystallized her entrepreneurial philosophy into a few key principles: “Consistency beats perfection,” she shares. “You don’t have to get everything right the first time. You just have to start, listen and keep going.” She also emphasizes focusing on controllables rather than getting lost in uncertainty. “There are so many unknowns in business but if you stay connected to your purpose and your users, you’ll find your way.” With The Fun Finance Formula launching and new iOS and Android versions of Billroo rolling out, Queenie and Pablo are doubling down on their mission to change how Australians manage money. Their vision is ambitious yet simple: “We want to help people feel good about money,” Queenie says. “Because when you feel good, you make better choices. And when you make better choices, everything else starts to change.” The Fun Finance Formula by Queenie Tan is in all good bookstores on 25 July (Wiley) and you can try Billroo for free at https://billroo.com/ Keep up to date with our stories on LinkedIn, Twitter, Facebook and Instagram. Read More