Oravel updates filing for $703M India IPO backed by SoftBank

RBI's tightened lending norms may reduce market liquidity, challenge proprietary trading firms, and prioritize financial stability over growth. The post India’s proprietary trading firms face overhaul as RBI tightens lending norms appeared first on Crypto Briefing.

A sudden squeeze in Tether’s USDT supply in India has pushed the stablecoin’s local premium above 8.5%, more than double its usual level, with the dollar-pegged token trading well above the official exchange rate. A Supply Squeeze in the World’s Top Crypto Market The price of Tether’s USDT in India has surged well above its […]

India’s USDT premium exceeded 8.5% as stablecoin supply tightened after ED action. Reduced USDT inflows widened the gap between local crypto and forex market prices. Parliament’s July 2 crypto talks may shape future stablecoin liquidity and regulation. India’s USDT market has recorded an unusually sharp price premium after regulatory action disrupted domestic stablecoin supply. The […] The post India’s USDT Premium Surges Above 8.5% After Regulatory Crackdown appeared first on Live Bitcoin News.

Alphabet's Dow inclusion boosts tech sector prominence, but AI talent retention and integration challenges could impact long-term growth. The post Alphabet joins Dow as shares rise 4% despite mounting AI costs appeared first on Crypto Briefing.

SoftBank founder and CEO Masayoshi Son has publicly questioned the viability of orbital data centers, arguing that the cost and timeline involved make them irrelevant to the AI industry’s immediate compute needs. Son made the remarks at a recent shareholder meeting, contending that the next few years of the AI race matter far more than […]

The Stargate AI data center initiative could reshape energy markets and create new revenue streams for crypto miners, impacting tech infrastructure. The post SoftBank collaborates with OpenAI and Oracle on Stargate AI data center in Ohio appeared first on Crypto Briefing.

India’s USDT premium has climbed to more than 8.5%, more than twice its usual level, after enforcement action against crypto remittance firms has disrupted the domestic supply of the stablecoin. According to The Economic Times, Tether’s USDT traded at 102.88…

A major USDT supply squeeze has hit India’s USDT market, sending the price premiums of the stablecoin past its usual trading band. As per a report from The Economic Times, USDT was sold at around 102.88 INR on Saturday, whereas the USD/INR foreign exchange ratio stood at 94.65 on Friday.