investor confidence
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Cyber Security-Cyber Crime
Bitcoin Breaks $50,000 Barrier on Anticipation of Interest Rate Cuts
Bitcoin surged past the $50,000 mark for the first time in over two years on Monday, propelled by investor optimism about potential interest rate cuts and the recent approval of U.S. exchange-traded funds (ETFs) tracking Bitcoin’s price. Currently trading at $50,196, Bitcoin has seen a 5.58% increase for the day and a 16.3% gain year-to-date. This milestone follows a failed…
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Business
Adani Electricity announces cash tender offer to buyback up to USD 120 Mn bonds
Adani Electricity Mumbai Limited launches cash tender offer up to USD 120 million of the outstanding USD 1,000 million senior secured notes due 2030. Company will fund tender offer through internal accruals and cash surplus. Purpose is to demonstrate strong financial stability and liquidity position of the company. Buyback will stabilize current yields, which are distorted in volatile market…
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