Indian Rupee holds positive ground on Tuesday amid equity inflows, USD sales, and lower oil prices.  India’s HSBC Manufacturing PMI arrived at 59.1 in April vs. 59.1 prior; Services PMI figure improved in the same period.  A hawkish repricing of US Fed rate-cut expectations might cap the pair’s downside.  Market…

Bitcoin’s new Runes fungible token standard launched late Friday alongside the quadrennial halving event, and the immediate demand pushed network fees to a level never before seen on the original blockchain network. Already, at least one centralized exchange (or CEX) has already taken notice and gotten in on the action.…

Rage Against the Machine released just four albums during their time together, but with only a few projects, they managed to change hard rock forever. The band immediately became one of the hottest new names in the genre when they arrived in the early ‘90s with their self-titled debut project,…

POLITICS

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Joe Biden holds a big edge on the airwaves over Donald Trump in the opening weeks of their general election matchup. The president and his allies nearly tripled his rival’s network in ad spending over the past month and a half while Trump has had to devote millions of campaign funds to legal expenses. From March 6 – the day after Super Tuesday when Trump effectively secured the 2024 GOP presidential nomination – through Sunday, Biden’s campaign and other Democratic advertisers spent $27.2 million on advertising for the presidential race, while the Trump campaign and GOP advertisers spent about $9.3…

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Investing

Shares of Mitek Systems (MITK) have been under pressure since the company reported Q1 2024 results on April 15 that fell slightly short of expectations. Specifically, revenue and adjusted earnings for the period declined 19.2% and 54.8% year-over-year to $36.9 million and 14 cents per share, missing analysts’ projections for…