Sidhartha Shukla (@s1dc01n.bsky.social)

Crypto Market Reporter @crypto / @business | Ex-ET Prime, The Ken, Moneycontrol | *Views are my own*
📩: sshukla113 at bloomberg dot net

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

Ether's mcap falls below Tether's USDT
h/t @coingecko

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

STRC now at an 8% discount.

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

“Saylor is now caught in a genuine bind, as raising the rate to defend the $100 par increases the $1.7 billion dividend load and signal stress to the market, but holding it flat lets the price keep sliding and damage the strength of the franchise,” Sawhney said.
https://t.co/GRTCRTb3nv

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

“Saylor is now caught in a genuine bind, as raising the rate to defend the $100 par increases the $1.7 billion dividend load and signal stress to the market, but holding it flat lets the price keep sliding and damage the strength of the franchise,” Sawhney said.
https://t.co/GRTCRTb3nv

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

Bitcoin fell below $60,000 for the first time since October 2024, extending its reversal from market darling after the re-election of Donald Trump to a casualty of a rapidly changing speculative landscape. https://t.co/Hj7BS47Lpr

[Two Prime @Two_Prime]

“Despite a band of cult followers trying to still explain the brilliance of Saylor’s ever-shifting plans, the market has started to grow skeptical."

Two Prime's @alexandersblume discusses $MSTR with Bloomberg @business

https://t.co/Vke1XeouKo

[Bloomberg @business]

India cut taxes on bond investments by foreign institutional investors to attract overseas capital and stabilize the rupee https://t.co/JlBIES4wqJ

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

https://t.co/wGSD083iA2

[Isabelle Lee @isabelletanlee]

Hyperliquid remains a bright spot in crypto. Funds tied to HYPE continue to attract capital vs other ETFs. The token is up ~180% YTD. Its unique edge: a fee-funded buyback model where higher trading volume can drive more HYPE purchases @sidcoins
https://t.co/LRk8iHRulN

[Bloomberg @business]

CBS News has fired 60 Minutes correspondent Scott Pelley after the longtime journalist confronted his new boss at an internal meeting on Monday https://t.co/JXKqYcEwhG

[Bloomberg @business]

India’s ambition to build and export a sovereign AI template across the world is colliding with structural constraints: years of underinvestment in compute capacity, a late start in building the most advanced AI models, deep reliance on foreign cloud providers and a venture capital culture wary of the vast, risky bets that define the global AI race. https://t.co/0HhK3Iwzqw

🎨: 731; 📷️: Getty Images (2)

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

https://t.co/vSCfkmangw

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

Bitcoin's selloff extended after Strategy Inc.'s sale of a tiny portion of its cryptocurrency stockpile rattled sentiment and widened the token's divergence from record-setting technology shares.

[Financial Times @FT]

Gold replaces US Treasuries as world’s top reserve asset, ECB says https://t.co/8l9PIEvZHD

[ANI @ANI]

The CBSE Chairman and Secretary have been transferred. An inquiry committee has been constituted to probe the procurement of On-Screen Marking (OSM) services by CBSE.

[Bloomberg @business]

South Korea’s equity market has overtaken India’s as the world’s sixth largest, driven by a relentless surge in chip heavyweights powering the global artificial intelligence buildout. More here: https://t.co/lFkiI2G1n5

📷: SeongJoon Cho/Bloomberg

[Isabelle Lee @isabelletanlee]

New Bloomberg Originals documantary on why a SpaceX IPO is so unprecedented. We delved into how indexes changed their rules to accomodate megacap IPOs and what that means for the market
https://t.co/03JuH2bEd2

[Pune Mirror @ThePuneMirror]

In response to soaring fuel prices and Prime Minister Narendra Modi's appeal for fuel conservation amidst the West Asian crisis, authorities have imposed a 14-day ban on public gatherings in Pune starting the night of May 26. The sweeping order strictly prohibits all protests, rallies, and public meetings. Concurrently, to ease the mounting financial burden on its treasury, the Pune Municipal Corporation (PMC) has introduced severe restrictions on vehicle usage by its own staff. Officials have been firmly directed to avoid unnecessary trips, adopt carpooling for official tours, conduct all training and meetings online, and commute using public transport such as the metro, local trains, or buses at least one day a week.

#BanPublicGatherings #Ban #pune #Fuelcrisis #latestupdate

[Bloomberg @business]

India’s dangerously torrid summer days have long been a climate warning. Now the country is increasingly dealing with sweltering nights too, as global warming and poor urban planning put millions at risk. https://t.co/OZzB1nkH10

[Bloomberg @business]

Taiwan overtakes India in stock market value, powered mainly by a breakneck rally in the world’s largest chipmaker TSMC https://t.co/fshKRX4Tt6

[Sidhartha Shukla (@s1dc01n.bsky.social) @sidcoins]

Anthony Scaramucci’s SkyBridge Capital posted a second straight quarterly loss in its flagship fund
https://t.co/o3WGb8oNs2