Apart from the settlement amount, Edelweiss Stressed and Troubled Assets Revival Fund Trust and Edelweiss Alternative Asset Advisors Ltd were directed by Sebi that the officers-in-default will not engage with the company for 12 months.
Category: finance
Rupees negative drift demands central bank firepower
The post Stablecoins to hit $1. 9T as trust surpasses fees in exchanges appeared com. Homepage > News > Finance > Stablecoins to hit $1. 9T as trust surpasses fees in exchanges A Citi (NASDAQ: C) report has predicted that the stablecoin market will achieve a $1. 9 trillion valuation by the end of the decade in its base case scenario, while leaving room for an additional growth spurt. Citi analysts disclosed that stablecoins are the ChatGPT moment for the institutional adoption of blockchain. Akin to the rise of artificial intelligence (AI) chatbots, the report tips stablecoins to record a high growth in valuation in the coming years. While Citi analysts have forecasted a $1. 9 trillion base case for the asset class, the report predicted that stablecoins can climb to $4 trillion by the end of 2030 in its bull case scenario. The global stablecoin market capitalization sits at $307 billion, rising from $200 billion at the start of 2025. Citi is pinning its prediction on the 58% growth notched by stablecoins in 2025 alone, with analysts forecasting that the trend will continue until the end of the decade. Apart from a strong 2025, Citi analysts have highlighted a streak of stablecoin project announcements in the ecosystem. Early in the year, Trump-backed World Liberty Financial (WLF) threw its hat into the stablecoin race with the launch of USD1, with a raft of U. S.-based financial institutions planning their stablecoin rollouts. Citi noted that the flurry of announcements stemmed from fresh regulatory support in the U. S., which was highlighted by the signing of the GENIUS Act by U. S. President Donald Trump. While use cases have surged from domestic and cross-border payments, Citi notes that the stablecoin boom will not completely overhaul the financial system. However, analysts refer to the innovation as continued progress toward smarter finance. We dont believe crypto will burn down the existing system, read the Citi.
WASHINGTON, United States — Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported Wednesday. The Tesla and SpaceX CEO became the first person to achieve a net worth of $500 billion, briefly, as the shares in his electric vehicle company rebound from his clumsy stint
While Tesla’s shares saw a stumble earlier this year, they are on a steady climb now. The positive shift has been linked to Musks renewed focus on his companies.
Zepto, a significant player in the quick commerce space, is in the final stages of raising $450 million (roughly 3, 900 crore), as per Moneycontrol.
The post USDT issuer Tether buys 8, 888 Bitcoin worth $1 billion appeared com. Today, which is also the last day of Q3, 2025, Tether added another block of Bitcoin to its reserves in Q3 2025. According to market watchdogs, the USDT issuer has moved a cool $1 billion into 8, 888. 889 BTC, marking one of the largest inflows recorded in 2025 for the stablecoin issuer. Spotted by Onchain Lens, the transfer went directly from Bitfinex hot wallets to Tethers reserve address. This fits into a bigger pattern that can be seen in the on-chain history. Just In: Tether (@Tether_to) has bought 8, 888. 889 TC worth $1B, on the last day of Q3 2025. Address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 Data @nansen_ai pic. twitter. com/5GwX50ZXou Onchain Lens (@OnchainLens) September 30, 2025 Over the past two years, the company that issues USDT has repeatedly moved blocks of Bitcoin worth between $700 million and $1. 4 billion into its reserves. This often occurs during periods of market tension, which could also be attributed to the current state of the crypto market. Tether is now the sixth-largest BTC wallet. Since Tether announced in May 2023 that it would regularly use 15% of company profits to purchase Bitcoin for reserves, the last time they withdrew BTC was on the last day of Q1. Currently, their BTC reserve address holds 86, 335 BTC worth $9. 75 billion, making it the sixth-largest BTC wallet. With Q3s purchase, the amount of Bitcoin on the balance sheet increased by about 11%, keeping it well ahead of gold and approaching a 10% share. Calculated at the price when they withdrew from the exchange, the average purchase price of these BTC is about $48,542. This means they are currently sitting on an unrealized profit of as much as $5. 5 billion. Tethers $115. 2 billion market cap provides unmatched liquidity, enabling institutions to leverage USDT for yield generation and cross-chain transactions. Meanwhile, Tethers balance sheet shows.
Two of the biggest names, Bybit and Nexo, have each rolled out new security tools aimed at blunting the impact [.] The post Bybit and Nexo Launch Tools to Fight $10B Scam Crisis appeared first on Coindoo.
Sahara India Commercial Corporation Limited (SICCL) has approached the Supreme Court for approval to sell several key properties, including Amby Valley in Maharashtra and Sahara Saher in Lucknow.
The Taiwan stock market has finished lower in three straight sessions, sinking more than 660 points or 2. 5 percent in that span. The Taiwan Stock Exchange now sits just above the 25, 580-point plateau although it may find traction on Monday.