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Market News Crypto exchange eXch will shut down on May 1 this year.  The firm is accused of having connections to the Lazarus group in the recent $1.4B Bybit hack.  Crypto exchange eXch will stop offering its products and services starting from May 1 this year due to allegations of money laundering. The firm was accused of being involved in laundering the funds stolen from the recent $1.4B Bybit hack. As per its latest notice released on April 17, the management team of the eXch platform received major votes to “Cease and retreat” strategy in response to allegations.  Bybit crypto…

Babylon Labs has seen its total value locked (TVL) drop by 32%, following the unstaking of $1.26 billion in Bitcoin from its platform. On April 17, blockchain analytics firm Lookonchain flagged several addresses involved in the withdrawals, totaling 14,929 BTC. The majority of the unstaked Bitcoin, about 13,129 BTC, valued at roughly $1.1 billion, came from one address. This significant movement of funds caused Babylon’s TVL to fall from $3.97 billion to $2.68 billion. The unstaking coincided with Babylon’s recent airdrop on April 3, where it distributed 600 million BABY tokens to early adopters, including Phase 1 stakers, NFT holders,…

Arizona’s SB 1373 crypto reserve bill advances and awaits a final House vote amid growing state interest. Governor Hobbs’ veto pledge may block SB 1373 despite legislative support. Arizona’s Strategic Digital Assets Reserve Bill SB 137, has moved closer to becoming law after clearing the House Committee of the Whole on April 17. The bill now heads for a final House reading and floor vote. If approved, it will be forwarded to Governor Katie Hobbs for official review. The legislation has drawn attention as Arizona considers integrating digital assets into its financial systems. ARIZONA Update: Bitcoin Reserve Bill SB 1373…

Lack of awareness is still the biggest stumbling block in insurance adoption in India, and around 47.6 per cent of Indians remain unaware of term insurance and its benefits, a new report has shown. Term insurance has grown by 18 per cent in FY24 across the industry as compared to a CAGR of just 2 per cent over the past five years, reveals the report by Policybazaar, titled ‘How India Buys Insurance 2.0’.The survey found that 56 per cent of respondents who are aware of term insurance have a positive attitude toward purchasing it. The report is based on a…

Bitcoin’s price has been stable around $85,000 in recent days, showing minimal movement despite broader market uncertainty. The stability comes as the cryptocurrency market grapples with the economic effects of U.S. President Trump’s tariffs. The World Trade Organization has warned that these tariffs could slow global growth, adding more uncertainty to the markets. The Federal Reserve’s reluctance to cut interest rates has also been a factor, with Chair Jerome Powell noting that the full impact of the tariffs is still unclear, making it too soon for the Fed to adjust its policies. Despite Bitcoin’s price stability, analysts expect occasional dips…

Bittensor has climbed over 9%, reaching $255.   TAO’s daily trading volume has surged by 42%. A brief rebound in crypto assets might inject bullish sentiment into the market. All major assets are attempting to move toward the green zone. Meanwhile, Bittensor (TAO) has climbed over 9.16%, securing a top spot among the biggest gainers. The opening price for Bittensor was $230.40, hitting a low for the day. After the bulls initiated the rally, the asset has pushed its price to the $259.68 range. TAO’s crucial resistance levels at $261.34 and $267.21 are to be tested to reinforce the bulls. At…

Depending on whether the goals are short, medium or long term, investments can be made in equity, debt or hybrid – a combination of equity and debt – funds. Risk of over-diversificationDiversification is important, but doing so just for the sake of diversifying doesn’t work and can backfire. That’s because after a point, the benefits of diversification tend to peter out and dilute returns. The risk of over-diversification occurs when incremental investments lower the expected returns to a greater degree than meaningfully reducing risks. Over-diversification ends up spreading the portfolio too thin and ends up becoming just a ragtag of…

Bitcoin’s (CRYPTO: BTC) long-term track record is unbelievable. In the past 10 years, the world’s top cryptocurrency has seen its price soar 37,000%. This means that a $10,000 investment made back in April 2015 would be worth an eye-popping $3.7 million today. But there has been a lot of volatility along the way, to say the least. This is happening right now. Bitcoin currently trades more than 20% below its peak, as macro concerns propel risk-off sentiment from investors. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue…

Altcoin News The Artificial Superintelligence Alliance (FET) price is demonstrating recovery signs, breaking above key EMAS on the 4-hour timeframe. FET price increased 9% in the past 24 hours, suggesting bullish momentum. The Artificial Superintelligence Alliance (FET) price is demonstrating bullish moves as its price surged 9% in the last 24 hours. FET price is showing signs of recovery on both daily and 4-hour timeframes after a prolonged downtrend. On the 4-hour technical chart FET price is displaying a clear recovery attempt after reaching lows near $0.35 in early April. The price has created successive higher lows and higher highs…

IDFC FIRST Bank offers a debt consolidation loan via FIRSTmoney to simplify repayment by collating numerous loan debts into a single debt so that borrowers can repay with manageable instalments.This approach not only helps borrowers manage their finances well but may also reduce overall interest costs. The features offered by First money include zero foreclosure charges and flexible repayment options which help individuals regain financial control and work towards a debt-free future.Debt consolidation is a fresh loan taken to pay off the current debts. Instead of handling multiple EMIs, you make a single payment each month, often at a more favourable…