The FinTech Hub
Source: Coin Tegraph The US economy could be shrinking at its fastest rate since the COVID-19 lockdown, according to the Federal Reserve Bank of Atlanta’s GDPNow model, which is now forecasting America’s gross domestic product to fall 2.8% in the first quarter. The new forecast differs immensely from just a month ago, which estimated America’s…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC, IRFC State-owned enterprises Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) were awarded ‘Navratna’ status by the Government of India on Monday, March 3. RBL Bank GST authorities conducted searches at three…
Source: Bitcoinist Following US President Donald Trump’s announcement of a Crypto Strategic Reserve, some industry figures have questioned the possibility of its establishment. Market watchers have also expressed concern about the longevity of the Trump-fueled market recovery. Arthur Hayes Slams Crypto Reserve Announcement BitMEX founder Arthur Hayes expressed skepticism about the recently announced US Crypto…
Source: Coin Tegraph Crypto exchange Coinbase is seeking to discover how much the US Securities and Exchange Commission (SEC) spent on enforcement action against crypto firms. Coinbase chief legal officer Paul Grewal said in a March 3 statement to X that the request under the Freedom of Information Act (FOIA) was submitted to the SEC…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Tuesday, following a sell-off in global markets amid worries over escalating trade and tariffs war. Asian markets dropped, while the US stock market ended sharply lower, with the S&P 500 posting its biggest daily…
Source: Coin Tegraph Crypto exchange Coinbase is seeking to discover how much the US Securities and Exchange Commission (SEC) spent on enforcement action against crypto firms. Coinbase chief legal officer Paul Grewal said in a March 3 statement to X that the request under the Freedom of Information Act (FOIA) was submitted to the SEC…
Source: Venture Beat Insomniac’s VR games are no longer for sale, suggesting that the VR market in particular may not be a welcome technology for older titles to thrive. Read Full Article
Source: Venture Beat The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion. Read Full Article
Source: Bitcoinist CoinShares, a major European digital asset manager, recently published a significant report detailing the largest weekly outflows of crypto asset investment products on record. The data reveals that over $2.9 billion was withdrawn within the past week, pushing the three-week outflow total to $3.8 billion. This marks a sharp contrast to the prior…
Source: Coin Tegraph A district court judge dismissed a United States Securities and Exchange Commission’s (SEC) lawsuit alleging that Hex founder Richard Heart raised over $1 billion through unregistered crypto offerings and defrauded investors of more than $12 million. Heart, whose real name is Richard Schueler, was also accused of spending the money on luxury…
