The FinTech Hub
Source: Coin Tegraph Cryptocurrency exchange-traded products (ETPs) experienced the biggest weekly sell-off ever, with outflows reaching a record $2.9 billion last week. Amid three consecutive weeks of outflows, global crypto ETPs have seen $3.8 billion wiped out, European crypto investment firm CoinShares reported on March 3. The crypto ETP bloodbath was likely driven by several…
Source: Live Mint Zerodha CEO Nithin Kamath shared valuable insights for investors navigating the ongoing stock market correction, particularly for those who started investing post-pandemic and are facing their first real market crash. “For investors who started investing after the pandemic, this is the first real market correction. Markets are cyclical, and given the way…
Source: Bitcoinist It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by…
Source: Live Mint The latest data presented by the Reserve Bank of India (RBI) show easing of personal loan expansion in India’s financial sector. Personal loan expansion year-to-year was 14.2% in the fortnight as of January 24, 2025 as detailed in a press release by RBI on Feb 28, 2025. This, in the case of…
Source: Coin Tegraph Soccer legend Ronaldinho Gaúcho is the latest public figure to launch a cryptocurrency, joining a growing trend of celebrity-backed memecoins. Ronaldinho launched his memecoin Star10 (STAR10) on the BNB Chain on March 3. “Holding this token grants you exclusive experiences, real benefits, signed collectibles, and even my own AI Agent — built for…
Source: Live Mint Mint analysed India’s top 15 fund houses in terms of assets under management (AUM) to see which of their equity funds had higher share of regular plans and which had higher share of direct plans. Data revealed that many funds launched in the past four to five years lean heavily on regular…
Source: Coin Tegraph Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). On March 31, Binance will delist spot pairs for users in the EEA, with nine stablecoins, including Tether’s USDt (USDT) and Dai (DAI), to be removed to comply with Europe’s…
Source: Live Mint Indian stock market benchmarks, the Sensex and the Nifty 50, ended with losses on Monday, March 3, amid persistent concerns over a potential major trade war, heavy foreign capital outflows, and macroeconomic jitters. The Sensex ended 112 points, or 0.15 per cent, lower at 73,085.94, while the Nifty 50 settled at 22,119.30,…
Source: Live Mint In India, taxpayers can choose between the old and new income tax regimes, each offering distinct benefits. However, this choice isn’t permanent and can be revisited annually. Whether you are a salaried employee or running a business, understanding how often you can switch between tax regimes is crucial for maximising your tax…
Source: Coin Tegraph Key takeaways Web3 fundraising has evolved; investors now demand strong business models, clear tokenomics and market validation. Remember, smart money matters; beyond funding, strategic investors can provide mentorship and industry connections. Multiple funding options are available — VCs, angel investors, grants, ICOs and crowdfunding each have their advantages. You must know when…
