Author: Charlotte

$XRP finally gave way at $1.40, and the way it broke matters more than the move itself. This wasn’t a slow drift lower. It was a high-volume push that cleared a level buyers had defended for weeks. Once that kind of support goes, it usually doesn’t snap back quickly. It tends to flip, and that’s exactly the test now. News Background • Bitcoin dominance pushed toward 60%, reinforcing a rotation out of altcoins and limiting follow-through demand for $XRP. • The multi-month triangle structure that had been compressing price finally resolved, with the move breaking lower instead of triggering the…

Amneal Pharmaceuticals in Cashel. Photo: Google Maps.The launch of two new products by Tipperary-based Amneal Pharmaceuticals is expected to boost the local economy, a local representative has said.Amneal, which is based in Cashel, officially launched their first two products on the commercial market this month, a move welcomed by local Fine Gael councillor Declan Burgess.”This is a significant milestone not only for the company but for the wider Tipperary region,” he said.“Amneal has been a fantastic contributor to economic activity in both Cashel and across county Tipperary. Their recent transition into the commercial market marks a major step forward and…

Gibson Dunn has made a major push in Paris, hiring a top-ranked seven-lawyer team from Clifford Chance to establish a funds offering in the French capital for the first time.The group includes four partners – Xavier Comaills, Marie Préat, Elodie Cinconze and Pierre Goyat – alongside three counsel. Comaills and Préat are regarded as among France’s top funds lawyers, with the wider practice considered market-leading.Both partners spent nearly 13 years at Clifford Chance after joining from Ashurst in 2013.Paris funds playThe incoming team advises sponsors and investors across fund formation, secondaries, GP stakes and fund-related tax structuring – areas that…

(HedgeCo.Net) The alternative investment industry has entered a decisive new phase—one defined not by quarterly performance volatility or redemption cycles, but by permanence. The world’s largest alternative asset managers—Apollo Global Management, Ares Management, Blackstone, Carlyle Group, and KKR—collectively referred to as the “Big 5,” now oversee approximately $1.5 trillion in permanent or perpetual capital. This milestone is more than a headline figure; it marks a structural reordering of the alternative investment landscape, with far-reaching implications for hedge funds, private markets, and institutional capital allocation. At its core, permanent capital refers to assets that are not subject to traditional redemption cycles. Unlike hedge funds—where investors…

Key Highlights Israel approved its first shekel-pegged stablecoin for a limited rollout after a two-year pilot. Bits of Gold received the green light as a licensed virtual asset provider. The stablecoin will maintain a 1:1 peg with reserves held in segregated domestic accounts. Israel has officially approved the issuance of its first stablecoin pegged to its national currency shekel, marking a significant step toward integrating blockchain-based payments into the country’s traditional financial system. The approval was granted by the Israel Capital Market Insurance and Savings Authority to Bits of Gold, following a comprehensive review process and a dedicated pilot program…

(HedgeCo.Net) A new paradigm is emerging across the hedge fund industry—one that goes far beyond simply allocating capital to artificial intelligence themes. According to Morgan Stanley’s 2026 outlook, the industry is entering a phase of “creative destruction,” where generative AI (Gen AI) is not just influencing investment decisions, but fundamentally reshaping how alpha is generated, executed, and scaled. This shift represents one of the most consequential technological inflections in modern finance. For decades, hedge funds have competed on human insight, discretionary judgment, and incremental technological advantages. Today, that model is being challenged by systems capable of processing vast datasets, generating investment…

Parag Parikh Flexi Cap, 10 others among 5-star funds that beat benchmarks on most trading days in FY26. Check details – Outperformers in FY26 The Economic Times Source link

The Japanese cryptocurrency exchange platform Bitbank has launched a cryptocurrency-linked credit card that supports direct payment of bills using Bitcoin WEEX Source link

The Paramount Global headquarters is seen in Times Square (Credit: Michael M. Santiago/Getty Images) Paramount Skydance is asking the Federal Communications Commission to approve the Middle East’s equity investment in its $110 billion merger with Warner Bros. Discovery. According to a public notice by the FCC on Monday, the David Ellison-led media giant is asking the agency to “permit existing and prospective foreign investors to indirectly hold equity and voting interests in Paramount, in the aggregate, in excess of the 25% statutory benchmarks.” It also asked the regulator to “specifically approve certain foreign investors to indirectly hold equity and/or deem…

Elon Musk recently said the “best way” to handle job losses from AI would be for the federal government to pay a “universal high income” to every American. Loading audio narration… The Tesla and SpaceX CEO headed off concerns that doling out big checks would drive up prices: “AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.”In other words, Musk believes that AI and robotics will supercharge production and push down prices, offsetting the inflationary impact of the government boosting the money supply when it pays large…