The FinTech Hub
Source: Coin Tegraph A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a suite of new functionality that could potentially see the Bitcoin network rival Ethereum in terms of decentralized finance (DeFi) activity. The upgrade is called “OP_CAT” (short for operation code concatenate) and refers to a few simple…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat amid mixed global market cues. The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,235 level, a premium of nearly 10 points from the Nifty…
Source: Bitcoinist CoinShares, a leading crypto asset management firm, released its latest “Digital Asset Fund Flows Weekly Report,” highlighting a notable surge in investment inflows following the US elections. $116 Billion Record High Crypto Fund Flows The report revealed that digital asset investment products attracted $1.98 billion in inflows, bringing global assets under management (AuM)…
Source: Coin Tegraph Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP). On Nov. 11, total crypto market capitalization soared 7% over 24 hours, due mainly to a sudden surge in Bitcoin, which rallied to $89,500. If the crypto market…
Source: Coin Tegraph Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase. In a Nov. 11 statement, the Huangzhou-based crypto mining chip maker, which is listed on the Nasdaq, said the move was…
Source: Live Mint Bitcoin tops $89,000. what’s driving the rally? Read Full Article
Source: Coin Tegraph The Conflux Foundation plans to invest $500 million to support the growth of PayFi, short for Pay Finance, a Web3 payments solution. Conflux’s $500 million investment will come from its ecosystem fund and will go toward developing PayFi, a blockchain-based payments platform that aims to bring traditional finance services to the blockchain….
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in five stocks on Tuesday, November 12, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Coin Tegraph Lawyers representing Alex Mashinsky, the former CEO of the crypto platform Celsius facing a criminal indictment in the United States, have lost a motion to drop two charges related to commodities fraud and manipulating the price of the Celsius (CEL) token. In a Nov. 8 filing in the US District Court for…
Source: Coin Tegraph Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume. The record day far surpassed the previous high of around $25 million set in March amid Bitcoin…
