Bitcoin in big Pressure, Price falls to less than USD 60,000, Defunct Exchange Mt Gox Moves USD 700 Crore in Bitcoin

The price of Bitcoin, the largest cryptocurrency in terms of market capitalization, declined by about 2.8 percent on Wednesday to about $59,397. The move of almost two billion dollars worth of cryptocurrencies by the bankrupt crypto exchange Mt Gox may increase the decline in the crypto market. A wallet linked to Mt Gox has moved…

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Hyundai Motor Preparing to Bring Massive IPO in India, Targets USD 3 Billion Fund Raising

Hyundai Motor, one of the big automobile companies, plans to raise about $3.5 billion through Initial Public Offering (IPO). This could be the country’s biggest IPO. Hyundai sales have increased in the country in the last few years. The company’s shares may be listed in September. In the Bloomberg report, quoting sources having information about…

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