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Bitcoin On A Blazing Path, Soars Past $ 14,000 To Hit $ 15,000

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Bitcoin On Blazing Path,Startup Stories,2017 Business News Update,Bitcoin Business News 2017,Latest Technology News & Updates,Bitcoin futures in Chicago,Bitcoin Hit Record Value,CBOE Futures Exchange,CBOE Begin Bitcoin Futures Trading,Bitcoin Soars Past,Bitcoin Price Latest

Bitcoin, surprising analysts everywhere, soared past the $ 14,000 mark to hit a 24 hour high of $ 15,340. Just two days before the launch of Bitcoin futures in Chicago based CBOE, the virtual currency registered a year to date increase of over 1400%. In one day, Bitcoin hit the record value of $ 15,340 per unit and a 24 hour low of $ 12,662.86. As of 11:40 A.M. today, the value of the cryptocurrency stood at $ 15,042.06.

While Cboe Futures Exchange will start future trade this Sunday at 6 P.M. Eastern Standard Time, Chicago Mercantile Exchange will start future trade from next week. Meanwhile, Nasdaq Inc., will begin the trade sometime next year. Bitcoin’s value was at sub $ 1,000 level at the beginning of the year and skyrocketed by the end of 2017.

However, the Reserve Bank Of India, which does not recognize Bitcoin as legal tender has issued warnings against the use of the cryptocurrency. The Central Bank has not given any license or authorization to any entities to operate such schemes or deal with bitcoins or any other virtual currency. All over the world, Bitcoin’s more than 10 fold upsurge this year also led to warnings of a bubble. After the latest surge, Bitcoin’s market capitalization increased to $ 250 million according to data from CoinMarketCap.

About 16 million Bitcoins are already in circulation from the 21 million Bitcoins which can be mined. According to Bloomberg, Bitcoin is expected to reach its threshold limit around the year 2140. At present, the biggest disadvantage the cryptocurrency faces is its technical nature which is difficult to understand. However, multiple analysts predict regulators around the world will make some form of cryptocurrency legal in various countries.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

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Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

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Ixigo Halts Bookings for Flights and Hotels to Turkey, China

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Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

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