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Source: The Verge Spirit Airlines has rejected yet another acquisition bid from Frontier, which would’ve merged the two companies to create the fifth-largest airline in the US, as reported earlier by Reuters. In a filing with the Securities and Exchange Commission, Spirit called Frontier’s deal ”woefully insufficient financially” compared to the $2.9 billion agreement tossed…
Source: Live Mint TORONTO, Jan 29 (Reuters) – The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage. MARKET REACTION: LINK: https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/ COMMENTS ANDREW KELVIN, HEAD OF CANADIAN…
Source: Bitcoinist After a period of heightened volatility due to a broader market crash, Bitcoin appears to be regaining an upside trajectory as prices continue to hold above the $102,000 mark. BTC may be demonstrating the potential for a notable rebound, but negative sentiment persists among large Bitcoin holders. Huge Sell-Offs Among 10-100 Bitcoin Holders…
Source: Live Mint While the stock market is extremely volatile, some conservative investors are contemplating investing in mutual funds, thereby outsourcing their investing decisions to the experts. If you are also one of them, it is important to remember that one of the safest mutual fund categories, among equity, is large-cap funds. Although the average…
Source: Coin Tegraph It’s time to prioritize governance, transparency and accountability — or we may face another catastrophic FTX-like collapse. Read Full Article
Source: The Verge If you use Comcast Xfinity internet, your FaceTime calls might be about to get better. Instead of bumping up the amount of data that your internet connection can send or receive at one time (usually called bandwidth or throughput), a new upgrade is coming to reduce the amount of time it takes…
Source: Bitcoinist Dogecoin and Solana ETFs are attracting significant attention. Yesterday, Bitwise officially filed with the US Securities and Exchange Commission (SEC) for a spot Dogecoin exchange-traded fund. During the same time frame, Cboe BZX Exchange submitted spot Solana ETF filings on behalf of four major asset managers. Trump’s relatively pro-crypto bill and new Treasury…
Source: Live Mint The latest Reserve Bank of India (RBI) data showed a noticeable decline in the share of prepaid payment instruments (PPIs), while there was a massive surge in the share of Unified Payments Interface (UPI) transactions in the entire digital payment ecosystem. In value terms, the share of PPIs declined from ₹1.43 lakh…
Source: Coin Tegraph Zodia Custody has integrated the TON blockchain’s Jetton token standard, allowing institutions to hold native TON assets like Ston.fi’s STON. Read Full Article
Source: Live Mint LONDON, Jan 29 (Reuters) – Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese artificial intelligence model, according to a Goldman Sachs trading update and industry figures on Tuesday. Hedge funds that pick stocks based on company…
