India Sees Apple Nearly Tripling Investment, Exports in Coming Years

By Krishna N. Das and Tanvi Mehta NEW DELHI (Reuters) – U.S. tech giant Apple <AAPL.O> could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened a second store in the world’s biggest smartphone market after China. Apple mainly assembles iPhones in India […]

Cryptoverse: Bitcoin Miners Escape the Bear Trap

Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitcoin into circulation have been thrown a lifeline by the cryptocurrency’s rally to above $30,000 this year, which has conspired with falling electricity prices to boost their profitability. The 30-day average of mining revenues […]

Cryptoverse: Bitcoin Wants to Break Its Bond with Stocks

After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]

Cryptoverse: What Crisis? Venture Capitalists Bet Big on Crypto

Cryptoverse, It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that’s set to outstrip last year’s record. In the first half of the year, VCs bet $17.5 billion on such firms, according to data […]

Cryptoverse: The Young HODLers Keeping Bitcoin on an Even Keel

Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3? That could be down to the new HODLers, in part. Young retail investors betting on bitcoin as a long-term proposition rather than […]