Wed, Jul 10, 2024 7:53 PM
Buy or sell: ICICI Direct recommends two stocks for this week
A Flip by Shubhangi Gupta
Blum Crypto Launches Pre-Market Listing on Gate.io. Blum Crypto ($BLUM) has officially commenced its pre-market listing on the crypto exchange Gate.io, providing traders an early opportunity to engage with the token before its public launch. The pre-minting process started on Oct. 16, 2024, at 2:00 p.m. UTC, allowing users to stake USDT to mint Blum Pre-Tokens.
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Bitcoin surged towards $70,000, reaching $69,450, as investors monitor the upcoming U.S. presidential election, with analysts suggesting a Trump victory could positively impact the cryptocurrency market and regulations. Bitcoin approaches a psychological resistance point, with a potential interest rate cut by the U.S. Federal Open Market Committee also influencing the market.
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Gold price surged by Rs 750 to hit a record high of Rs 80,650 per 10 grams while silver skyrocketed by Rs 5,000 per kg in the national capital on Monday, according to the All India Sarafa Association. Amid the intensifying conflict in the Middle East, an interest rate cut by the People's Bank of China (PBoC) aided the rally in the yellow metal as investors moved towards the safe haven assets.
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