Why retail Is Trending Today?

India has maintained its top position in global cryptocurrency adoption for the third consecutive year, according to a report by TRM Labs. The report highlights that India's crypto adoption is driven by a clear regulatory environment, which has led to a significant increase in individual transactions involving cryptocurrencies. Additionally, stablecoin transaction volume has surged by 83% year-on-year, as indicated by TRM Labs. The company's recent report also notes that South Asia is a key driver of crypto growth, with the United States remaining the leader in terms of transaction volume. Furthermore, TRM Labs has partnered with Singapore to enhance AI-driven blockchain cybersecurity, demonstrating the company's commitment to fostering innovation and security in the crypto space.

Ocado's earnings report boosted investor confidence with improved cash flow and profitability.

Ocado's shares surged following a strong half-year performance, driven by its technology unit and a retail tie-up with Marks & Spencer. The company aims to achieve cash flow positivity by 2025/26.