The FinTech Hub
Source: Bitcoinist Europe is the place to be – not because of picturesque Amalfi coast or the Alps but because European stocks outperform their US counterparts. STOXX Europe 600, an index measuring the performance of 600 equities across 17 European countries, grew 3.3% in February, while the US S&P 500 dipped 1.4%. The largest tech…
Source: Live Mint Prior to investing in a mutual fund scheme, investors often examine the past returns of a scheme. This gives an indication of the scheme’s future performance vis-a-vis other funds in the same category. Notably, investors are supposed to examine – besides historical returns – other factors as well. These include the reputation of…
Source: Coin Tegraph Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warns. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered as…
Source: Live Mint Stock Market Today: Bharat Heavy Electricals Ltd (BHEL) share price gained during the intraday trades on Tuesday after the PSU stock updated about a litigation claim. Bharat Heavy Electricals Ltd or BHEL share price that opened at ₹183.80 on the BSE on Tuesday, was lower than previous days close of ₹185.45. The…
Source: Live Mint The Indian stock market has witnessed a significant decline over the past five months. The Nifty 50 has dropped by approximately 15.8%, while the BSE Sensex has corrected by around 14.9%. In the last month alone, the Nifty 50 has lost about 7.24% of its value. This decline can primarily be attributed…
Source: Coin Tegraph Key takeaways AI trading bots analyze data and execute trades instantly, outperforming manual trading. ChatGPT-powered bots use NLP and ML to factor in sentiment, news and technical indicators. A clear strategy is key. Trend following, arbitrage or sentiment-based trading boosts accuracy. Bots continuously learn and adapt, refining strategies and optimizing risk management….
Source: Live Mint Sticking to his previous stance, U.S. President Donald Trump on Monday reiterated that 25% levies on imports from Mexico and Canada would go into effect on Tuesday, dashing investors’ hopes of a last-minute deal to avert the full tariffs on the two U.S. allies. In addition to confirming that tariffs on the…
Source: Bitcoinist US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve. Cryptos Are Imperative Trump…
Source: Live Mint The Insurance Regulatory and Development Authority of India (IRDAI) has warned general and health insurance companies against rising commission payouts, which have led to higher premiums for insurance holders, reported CNBC-TV 18, citing sources on Tuesday. The regulator has also urged firms to contain commissions to avoid strict actions in the future….
Source: Coin Tegraph A cryptocurrency subsidiary of the Japanese financial conglomerate SBI is preparing to roll out support for Circle’s USDC stablecoin as local regulators soften stablecoin rules. On March 4, SBI VC Trade announced the completion of the first registration related to stablecoin transactions, enabling the firm to start processing USDC (USDC) transactions. After…
