The FinTech Hub
Source: The Verge Apple wants to ensure it has a voice in the remedies trial for the Justice Department’s search monopolization case against Google, and filed an emergency motion to stay the proceedings while it appeals the district court’s denial of its request to be more directly heard in the case. Mehta denied Apple’s request…
Source: Bitcoinist Norges Bank Investment Management (NBIM), Norway’s sovereign wealth fund giant, has been discreetly increasing its Bitcoin exposure—with a unique twist. They have strategically increased their indirect holdings by 153% by placing a shrewd wager on MicroStrategy, rather than rushing headfirst into the volatile crypto market. By the conclusion of 2024, NBIM had acquired…
Source: Coin Tegraph A shining example of Bitcoin adoption, Salvadoran President Nayib Bukele disappointed Bitcoiners this week and divided opinion over the asset’s local future. Read Full Article
Source: Live Mint Budget 2025: The general market has shown tentative signs of relief following the Reserve Bank of India’s announcement to purchase G-sec securities worth ₹60,000 crore through open market operations in three tranches. This move is anticipated to improve liquidity in the equity segment. Currently, the market remains in an extremely oversold state,…
Source: The Verge DeepSeek startled everyone last month with the claim that its AI model uses roughly one-tenth the amount of computing power as Meta’s Llama 3.1 model, upending an entire worldview of how much energy and resources it’ll take to develop artificial intelligence. Taken at face value, that claim could have tremendous implications for…
Source: Coin Tegraph According to SaylorTracker, MicroStrategy is up over 65% all-time on its Bitcoin investment and is trading at a net asset value of 1.73x. Read Full Article
Source: The Verge The holidays are over, a new year is here, and along with all the various upheavals that we are facing (including some possible changes in tax law), most of us have to deal with our annual income taxes. Sorry about that. Tax day this year falls, for most of us, on the…
Source: The Verge TikTok’s traffic is almost back to normal despite its delayed return to US app stores, according to Cloudflare Radar data seen by CNBC. The “DNS traffic for TikTok-related domains” is around 10 percent lower than the levels before its abrupt shutdown, David Belson, Cloudflare’s head of data insight, told CNBC. The shutdown…
Source: Live Mint Wall Street stocks opened higher on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. At the opening bell, the Dow Jones Industrial Average rose 172.2 points, or 0.38%, to 45054.36. The S&P 500 rose 25.6 points, or 0.42%, to 6096.79, while the Nasdaq…
Source: Bitcoinist Charles Hoskinson, founder of Cardano and CEO of Input Output (IOG), has publicly burned a massive trove of a memecoin named in his honor. The token, simply called CHARLES, made its way into Hoskinson’s wallet after he showcased the Lace wallet platform during a live demonstration. That demonstration involved creating a new Cardano…
