Rahul Karunakar on Muck Rack

Rahul Karunakar

Bangalore
As seen in: NDTV, MSN, MSN Canada, Business Insider, Daily Mail, MSN South Africa, MSN UK, Reuters, Terra, Yahoo Canada, Yahoo News UK and
Former editor @Reuters News. "I have an imagination for what I'm not, and a sense of humour for what I am.” Retweets are not endorsements.
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Articles

Did Cryptos Anticipate the Fed's Rate Cut Challenges?

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By Rahul Karunakar
| Blockhead
The world was wondering about the trigger for a flash crash in cryptos at the start of the week, even as stocks and gold extended their record-breaking rally. Although the Federal Reserve’s much-anticipated rate cut, cryptocurrencies did not gain as expected, raising doubts about their sensitivity to monetary policy. Instead, digital assets saw their values tumble, with Bitcoin and Ether hitting multi-week lows amid liquidations of well over $1.7 billion.
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Bullish Bets Rise On Crypto Exchange 'Bullish'

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By Rahul Karunakar
| Blockhead
After a blockbuster IPO last month, crypto-exchange Bullish turned the corner, swinging to a profit in its first earnings report since going public. The firm reported a profit of $93 million, or 93 cents per share, for the June quarter, compared to a loss of $116.4 million, or $1.03 per share, during the second quarter last year. That earnings report was better than Wall Street's bets.
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High-Frequency Trading Firm Tower Research Capital Bets Big on Bitcoin

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By Rahul Karunakar
| Blockhead
With institutional investors rekindling their interest in cryptos following US President Donald Trump's endorsement of the sector, a lesser-known division within the high-speed trading giant Tower Research Capital is discreetly ramping up its investments in digital assets. One of Tower's own quant trading divisions, Limestone Trading, has increased its funding for its crypto trading activities.
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