28m ago
India gold rates on June 21: 24K hits Rs 14,837 per gram in Chennai; silver holds at Rs 250
On June 21, 2024, 24K gold prices rose across several Indian cities, with Chennai quoted at Rs 14,837 per gram—about Rs 230 higher than other major markets. Across key cities nationwide, 24K gold was largely listed in the Rs 14,608–14,837 per gram range. Silver prices were unchanged at Rs 250 per gram, extending a flat run for multiple days. The article linked the price swings to uncertainty tied to the “ongoing US war against Iran,” describing it as continued geopolitical-risk pricing without citing fresh evidence of escalation.
28m ago
2h ago
AI modeling forecasts 50% higher soybean output under climate stress trio, but lower seed nutrition
Researchers at the University of São Paulo used AI-driven predictive modeling to assess how the combined pressures of elevated CO₂, heat and drought could affect soybeans. The model projects bean output would rise 50%, while seed protein would drop 6% and starch would fall 20%. It also estimates amino acids would increase 175%. The projections were extrapolated from experimentally validated dual-stress data rather than direct tests of all three factors together, highlighting non-linear shifts in metabolic pathways.
2h ago
2h ago
Galaxy Digital CEO Mike Novogratz says Fed rate cuts could lift Bitcoin and quiet critics
Galaxy Digital CEO Mike Novogratz said Bitcoin’s recent slump may not last, arguing that a shift in U.S. monetary policy could revive the cryptocurrency. Speaking on a podcast with Anthony Scaramucci, he said high interest rates and tight liquidity have weighed on prices and retail interest. Novogratz added that rate cuts could bring money back into markets and improve sentiment around Bitcoin.
BTC
BTC+1.29%
2h ago
2h ago
Bitcoin options traders pile into $120,000 strike calls through December 2026
Bitcoin traded at $64,159 at 6:45 p.m. Eastern time on Saturday as derivatives positioning pointed to retrenchment and a shift in bets. CME bitcoin options open interest, measured in dollar terms, has slid from a peak near $290 million in late November to roughly $30 million to $40 million by mid June, according to Cryptoquant data. The pullback suggests traders have reduced exposure while repositioning around longer-dated strikes into 2026.
BTC
BTC+1.29%
2h ago