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Bitcoin: Bitcoin breaks $50,000 for first time since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand.The cryptocurrency has enjoyed a strong run in recent months, fuelled by expectations US lawmakers would allow the creation of exchange-traded funds (ETFs) that track the price and let the public invest in crypto without directly purchasing it.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology…

indiamart: IndiaMART looks to add credit facilitation offering on its platform to help small businesses

Online B2B marketplace IndiaMART InterMESH has said the company is exploring new technologies to offer loan facilitation services and expand offerings for the sellers and buyers on its platform. IndiaMART claims it has 60 per cent market share of the B2B advertising space with over 70 lakh suppliers, mainly micro, small and medium enterprises, using its various services to connect with potential customers as well negotiate bulk deals. According to company's founder and CEO Dinesh Agarwal, SMEs (Small and Medium…

Crypto lender Celsius says it is exploring options

Retail crypto lending platform Celsius Network said on Thursday it was exploring options including deals and restructuring its liabilities. Celsius earlier this month froze https://bit.ly/3bHo3Cf withdrawals and transfers, citing "extreme" market conditions, leaving its 1.7 million customers unable to redeem their assets. The Hoboken, New Jersey, company hired restructuring consultants from advisory firm Alvarez & Marsal to advise on a possible bankruptcy filing, the Wall Street Journal reported last week, citing…