Sunday, December 22, 2024
Home Blog Page 235

Bitcoin nears $54,000 level, highest in two weeks as big-money bets flow

0

Bitcoin flirted with the $54,000 level and hit a two week high Tuesday, aided by more signs of institu tional interest in the largest cryptocurrency.The digital token rose as much as 4.3% and was trading at about $53,900 as of 12:54 p.m. in Hong Kong. Rival Ether also jumped, extend ing a two-day rally in the Bloomberg Galaxy Crypto Index to some 13%. “Bitcoin and Ethereum bull ishness are back as more big-money bets keep flow ing into cryptocurrencies,” Edward Moya, senior market analyst at Oanda, wrote in an email. “Institutional in terest still seems strong.” The narrative that longer term investors such as family offices, insurers and corporate treasurers are adding exposure to tokens is controversial but gaining traction. Goldman Sachs Group Inc. recently said it’s seeing substantial demand from institutions as it works to restart its cryptocurrency trading desk. 

That marks out the current bull run in Bitcoin as differ ent to the 2017 bubble that burst, according to Gold man Sachs. For skeptics, the crypto rally represents a prime example of specu lative froth triggered by huge stimulus that could quickly unwind once finan cial conditions tighten.Bit coin is in a “strong position” to reach $75,000, Evercore ISI strategist Rich Ross wrote in a note. The cryp tocurrency has been through some wild gyra tions and currently sits about $4,500 off a record of $58,350 achieved Feb. 21. It’s up almost 600% in the past year, a rally that dwarfs more traditional as sets. Ether, the second largest token, has been rallying on the prospect of reduced supply amid an ongoing upgrade of the af filiated Ethereum blockchain.NYDIG, a provider of Bitcoin custodial services to institutions, said life, annuity and prop erty/casualty insurers have more than $1 billion of di rect and indirect Bitcoin ex posure on its platform. 

NYDIG also announced a $200 million growth capital round led by strategic part ners including Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual and Soros Fund Management, among others. In recent days, oil billionaire Kjell Inge Rokke came out in favor of Bit coin. Rokke’s Aker ASA is setting up a new business to tap into its potential. Over the weekend, Chi nese beauty app Meitu Inc. said it invested in Ether and Bitcoin. Last month, Tesla Inc. said it invested $1.5 billion in Bitcoin.

Manoj Bajpayee-starrer The Family Man 2 to release in June

0

Manoj Bajpayee took to Instagram to inform fans that the trailer of the second season of the popular series, The Family Man, will release today. According to reports, the series is expected to stream in June. The series has been directed and produced by Raj Nidimoru and Krishna DK, who took to their Twitter account to share the update. The second season will mark the digital debut of South Indian actor Samantha Akkineni.



The series revolves around a middle-class man, Srikant Tiwari, who works for a special cell of the National Investigation Agency. It showcases his struggle to strike a balance between his secretive, low paying, high-pressure, high-stake job, and being a husband and a father. The second edition of the show was to release in February, but was deferred, reportedly due to the spate of controversies Amazon Prime found itself in following the release of Tandav.



Along with Bajpayee, the show also features Priyamani Raj, Sharib Hashmi, Seema Biswas, Darshan Kumar, Sharad Kelkar, Sunny Hinduja, Shreya Dhanwanthary, Shahab Ali, Vedant Sinha and Mahek Thakur, besides south actors Mime Gopi, Ravindra Vijay, Devadarshini Chetan, Anandsami and N Alagamperumal. The series will stream on Amazon Prime Video.

Tales from Rakul Preet’s childhood

0

As Arjun Kapoor’s love interest in the recently released web film, Sardar Ka Grandson, Rakul Preet Singh says she was reminded of the time she spent with her grandparents, listening to stories of how the world had changed, post-partition. “Filmming this was heart-warming because it has a beautiful emotional undertone. I connected with the story because, like the characters in the film, my grandparents also belonged to that part of the world [pre-partition Lahore]. I have grown up listening to stories from my grandparents. The film stresses on valuing your family.”



Singh could also draw parallels between the personality traits of her character, and herself. “Radha likes to get her work done correctly. I could relate to that because I am also a walking-talking time table, and particular about things,” she says of the film that narrates the story of a man who returns from the US to fulfil his ageing grandmother’s (Neena Gupta) last wish.



In the pipeline for Singh is Doctor G, starring Ayushmann Khurrana. “We were to start shooting in April but that didn’t happen. Once I wrap this up, I will begin my new film [in the role of a condom tester]. I am grateful for the opportunity to play such contrasting characters.”

Jackie Shroff’s impromptu act in Ishaan Khatter-starrer phone Booth

0

A look at the slate of films that he has been working on of late is testimony that Jackie Shroff has been increasingly interested in sharing screen space with the younger breed of actors. After collaborating with Aadar Jain in Hello Charlie, he will now be seen alongside Sidharth Chaturvedi and Ishaan Khatter in Phone Bhoot. The younger lot of actors, he says, pose a challenge to artistes of his kind. “They have a positive energy on set, and are spontaneous. I also try to be like them and think on the spot. It is fun, almost like playing table tennis. You have to be constantly alert with these babies around you. They may seem to be all about play, but they are sincere about their job.”



Having enjoyed a run in cinema for several decades, he is now taking advantage of all that the web platform has to offer. “The web space presents beautiful stuff. I am often confused about what to take up, and what to let go of. I am trying to limit [my choices] because I’d rather do farming, cook, and take care of those who are suffering. Earlier, I didn’t have time because I was busy shooting. Now, I have time, and I want to do as my heart desires.”

Malala signs deal with Apple TV to produce documentaries on women, children

0

The multi-year partnership would “draw on her ability to inspire people around the world”, the company said in a statement, adding that content would also in clude animation and children’s series.Pakistani ac tivist Malala Yousafzai, who won the Nobel Peace Prize as a teenager after surviv ing a Taliban assassination attempt, has signed a deal with Apple TV that will see her produce dramas and documentaries that focus on women and children.The multi-year partnership would “draw on her ability to inspire people around the world”, the company said in a state ment, adding that content would also include anima tion and children’s series. 

“I’m grateful for the oppor tunity to support women, young people, writers, and artists in reflecting the world as they see it,” the 23-year-old was quoted as saying. 

Yousafzai earned the wrath of the Taliban as a 10-year old in rural northwest Pak istan when she began campaigning for education rights for girls.At the time, the Pakistani Taliban had gained a significant foothold in the Swat Valley, imposing a fundamentalist version of Islam on areas they controlled — banning education for girls and em ployment for women . Yousafzai drew interna tional attention with a se ries of blogs and articles she wrote about everyday life and hopes for a better future, but her fame in censed the Taliban, whose leadership ordered her murder. 

In October 2012, a Taliban assassin shot the then-15- year-old as she rode home on a bus from school. The bullet struck near her left eye, went through her neck and lodged in her shoulder. She recovered after months of treatment at home and abroad before co-writing a best-selling memoir titled “I am Malala”, which drew even more in ternational attention. Yousafzai was awarded the Nobel Peace Prize as a 17- year-old in 2014, sharing the award with Kailash Sat yarthi, a children’s rights activist from India. She graduated from Britain’s Oxford University last year and has since cre ated a digital publication for girls and women, and formed her own TV produc tion company.”I believe in the power of stories to bring families together, forge friendships, build movements, and inspire children to dream,” she was quoted as saying in Monday’s statement. 

OWNER OF SUV FOUND OUTSIDE AMBANI’S HOUSE WITH EXPLO SIVES DEAD IN THANE

1

Mansukh Hiren, the man who came forward to say the SUV found with some explosives near billionaire Mukesh Ambani’s residence, was a vehicle he had reported stolen on February 18, was found dead in Kalwa creek on Friday morning, hours after his family reported he was missing.The police have claimed he died by suicide, but the circumstances and the timing of Hiren’s death are curious. Hiren’s body wasspotted stuck by a fisherman On February 26, an SUV he reported missing on February 18 was found with 20 gelatin sticks, and a threatening note ad dressed to Ambani and his wife. Hiren came forward soon to confirm that the SUV was his. Hiren’s family refused to accept that he died by suicide, with his wife saying he left home informing that he got a call from the crime branch asking to meet him at Ghod bunder Road.

 

People without masks will be fined Radhakrishnan

0

on-compliance with mask wearing would invite spot fines, Health Department officials said. On visiting key shopping areas in Chennai on Monday, Health Secretary J. Radhakrishnan not only ad vised persons who did not wear masks, but also imposed a fine of ₹200 on the spot.

T.N. reports 556 fresh cases of COVID-19

0

Tamil Nadu’s daily count of COVID-19 cases stayed above the 500 mark for the fourth day in a row. A total of 556 persons tested positive for the infection in the State, taking the overall tally to 8,55,677. There were 229 cases in Chennai. ” 

DMK signs pacts with CPI(M), other parties

0

The DMK on Monday signed a seat-sharing agree ment with the CPI(M) for six Assembly seats. It also signed an agreement with the Tamizhaga Vazhvuri mai Katchi, the Aathi Thamizhar Peravai and the Makkal Viduthalai Katchi for one seat each. Candi dates of these three parties will contest on the DMK’s Rising Sun symbol.

Delhi’s Covid-19 cases breach 300-mark third time this month

0

New Delhi: As many as 234 patients recovered in the last 24 hours and the recoveries are nearing 629,000 while the active cases have climbed to 1,812, the health depart ment’s bulletin showed.Delhi registered 320 fresh cases of the coronavirus disease (Covid-19), the third time in March when the daily count went above the 300-mark, data from the health de partment’s bulletin showed. According to data, there were 312 cases on March 5 and 321 on March 6—the highest in nearly 1.5 months after 340 infections  were reported on January 14. The new infections have pushed the Capital’s caseload to 641,660 and the death toll has gone up to 10,928 after four related fatalities in the last 24 hours, according to the health department’s bul letin. As many as 234 pa tients recovered in the last 24 hours and the recover ies are nearing 629,000 while the active cases have climbed to 1,812, the bul letin added. The fresh Covid-19 cases on Tues day were a result of 66,744 tests carried out of which 40,885 were RT-PCR/CB NAAT/TruNat tests while the remaining 25,859 were rapid antigen tests.