A massive whale transaction took place as 36,370,840 XRP worth $18,775,470 was moved from unidentified wallets to the top South Korean crypto exchange Bithumb. The reasons for the transfer are unknown, although it could be a profit-taking move given popularity of XRP in the region. XRP 24-hour trading volume remains 118% higher than the usual with $1.65 billion worth of XRP traded in that span.
Open FlipShiba Inu's (SHIB) burn rate has skyrocketed, showing an almost 400% increase. Millions of SHIB tokens are being destroyed, a phenomenon that has caught the attention of both investors and analysts. As of the latest data, the price of Shiba Inu is approximately $0.00000731, but what's more intriguing is the underlying activity.
Open FlipRipple's CEO, Brad Garlinghouse, revealed his allegiance to XRP in a subtle way by getting its logo tattooed. This gesture made an impact on the XRP community and drew attention from across social media platforms, powerful symbol of commitment that serves as a reminder of the human element in the crypto world.
Open FlipXRP has successfully broken through a crucial resistance level at $0.5010, suggesting potential for further upward movement. PEPE token is showing strong performance as it nears the 50 EMA resistance level, while Cardano has completed its symmetrical triangle and is aiming for the 50 EMA.
Open FlipBitwise is one of the top US asset managers, and just submitted registration forms for their two new crypto-based products - Bitwise Ethereum Strategy ETF and Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP), which are set to trade on CME futures on Mon Oct 2. They provide a new investing opportunity for holders not owning physical crypto, and have a cumulative expense ratio of 0.85%.
Open FlipThink and Learn Pvt Ltd (operates Byju's edtech firm) has issued a notice to convene a board meeting in October for adoption of FY22 results. This is in response to investor board members resigning amid financial statement delays. Advisors and invitees will include industry veterans, shareholder reps & CFO, who are ready to adopt audited accounts by newly appointed BDO.
Open FlipPersonalising ads has been key to success in digital marketing - through data and experience, brands are seeing increased engagement and conversions. This article is a playbook for creating content-to-ads flywheel on a bootstrapped budget. Get ideas from popular organic videos and start with carefully crafted hooks to grab attention.
Open FlipRegistered electric two-wheeler units in September dipped slightly by 1.8%, with major brands such as Ola Electric and TVS seeing declines. Other companies such as Ather Energy, Bajaj Auto, Hero Electric and Jitendra EV saw varying levels of success. On the other hand, Okinawa Autotech and Hero MotoCorp continued to experience a decline.
Open FlipBharti Airtel achieved the impressive feat of reaching 50 million 5G customers on its network in just one year as they launched their 5G Plus services across all 28 states and 8 union territories(except for certain areas). According to CTO Randeep Sekhon, Airtel proudly tripled its 5G coverage within 12 months upon launch, and aims to continue quickly spreading out coverage nationwide.
Open FlipDell is looking to invest in its R&D center in Bengaluru, India. Karnataka's minister offered support from the government and incentive for hiring skilled workers. Global Foundries also expressed interest in expanding presence in A&D with plans for further engagement. The state is currently on tour in the US to attract investments.
Open FlipVitalik Buterin, co-founder of Ethereum, recently shared his opinion on adding certain protocols to the Ethereum code versus keeping them “on top”. These protocols range from account abstraction protocol ERC-4337 to liquid staking; each presenting a "complicated tradeoff". He also voiced his concern toward the concentration of Ethereum's liquid staking providers.
Open FlipSJVNL is a joint venture of the Centre and Himachal Pradesh government aiming to become a 50,000 MW capacity company by 2040. Their revenue increased from Rs 2,626 crore in 2021-22 to Rs 3,299 crore in 2022-23 with highest-ever dividend payouts of Rs 6,600 crore to the Centre and Rs 1,050 crore to HP. Studios Nathpa-Jhakri and Rampur made a record of 50.534 million units.
Open FlipChristen Ager-Hanssen, former CEO of nChain Group, left the company after a "conspiracy to defraud nChain shareholders" was discovered and documented. He doubts Craig Wright is Satoshi Nakamoto and came forward with a whistleblower report detailing Calvin Ayre's influence as 'shadow director/dictator' in the business.
Open FlipAmit Agrawal, an IAS officer from the Chhattisgarh cadre, has been granted a one-year extension as the Chief Executive Officer of the UIDAI (Unique Identification Authority of India) by the Appointments Committee of the Cabinet. His tenure is now due to end on November 2 2024 instead of 2023.
Open FlipBlue Dart announced a 9.6 percent general price increase due to macroeconomic conditions, geopolitical tensions, tighter policies and exchange rate fluctuations that impacted the cost structure. The company will make investments in vehicle fleets, expansion of hubs & gateways, IT infrastructure & user experience for "ensuring data security and delivering world class user experience".
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