Tue, Sep 10, 2024 11:09 AM
Dwarka Expressway, Noida-Greater Noida Expressway drive the real estate...
A Flip by Shubhangi Gupta
Standard Chartered Plc has emerged as the front-runner to become the settlement bank for real-time dollar-denominated trades in India’s newest financial hub, according to people familiar with the matter. The Clearing Corp. of India Ltd., which has been tasked to set up the settlement system, will start testing the new model by January, said the people.
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Crypto market analysts say Bitcoin’s recent correction to below $93,000 will be short-lived, and the asset is still on track to reach six figures before the end of the year. Bitcoin has pulled back almost 7% from its Nov. 22 all-time high of $99,645, hitting an intraday low of $92,775 during early trading on Tuesday, Nov. 26. However, the asset recovered to trade at around $94,600.
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US President-elect Donald Trump’s crypto project has just secured a $30 million investment from Tron blockchain founder Justin Sun. The founder of the Tron blockchain, Justin Sun, has become the largest investor in Donald Trump’s crypto project, World Liberty Financial, after buying up $30 million worth of its token.
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