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Source: Bitcoinist According to a recent filing with the United States Securities and Exchange Commission, Abu Dhabi’s sovereign wealth fund currently holds a significant amount in BlackRock’s spot Bitcoin ETF (exchange-traded fund). This purchase came in the final quarter of 2024 after asset management firm BlackRock secured the commercial license to operate in Abu Dhabi…
Source: Live Mint The markets regulator has now proposed guidelines to ensure that such unclaimed assets are not misused and returned to investors at the earliest. In a consultation paper, Sebi has outlined a process involving brokers and stock exchanges. Here is how this will work. Defining ‘unclaimed’ If unutilized funds or securities cannot be…
Source: Coin Tegraph Indian authorities have seized nearly $190 million worth of crypto tied to the notorious BitConnect Ponzi scheme, which collapsed in 2018. Read Full Article
Source: Live Mint But Manappuram is no longer just about gold. Since 2014, the company has aggressively expanded into other lending segments. Non-gold loans now make up 45% of its book—half of which comes from microfinance. That shift has created a stark disconnect between gold prices and the company’s performance. Gold has surged 38% in…
Source: Live Mint The recent California wildfires have reignited global concerns about climate change and its role in intensifying natural disasters. Beyond the immediate devastation, they have also highlighted a growing crisis in the insurance industry. It is the rise of insurance deserts—regions where access to insurance becomes scarce or nonexistent due to extreme risk…
Source: Live Mint Stocks to buy under ₹100: Domestic equity benchmarks Sensex and Nifty 50 recorded losses for eight consecutive sessions, weighed down by continued foreign fund outflows, concerns over US trade tariffs, and disappointing corporate quarterly earnings. The 30-share BSE Sensex fell by 199.76 points, or approximately 0.26%, closing at 75,939.21. Earlier in the…
Source: Bitcoinist Bloomberg recently launched multiple asset indices to help investors diversify their traditional portfolios, a pioneering work that combines bitcoin and commodities. Bloomberg – a global financial media, data, and technology company – introduced its Bitcoin & Gold Blend Indices which include the Bloomberg Bitcoin and Gold Equal-Weighted Index, and the Bloomberg Dollar, Bitcoin…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Bitcoinist Bitcoin is at a critical phase, consolidating below key supply levels and above crucial demand as the market anticipates its next big move. The price has remained in a tight range for the past week, creating mixed sentiment among investors and analysts alike. While some are cautious due to recent volatility, others believe…
Source: Bitcoinist On Friday, February 14th, the United States Securities and Exchange Commission requested a 28-day extension of its deadline to respond to Coinbase’s appeal. This latest move represents an interesting development in the protracted legal battle between the regulatory agency and the US’ largest crypto exchange. Why SEC Asked For A Deadline Extension In…
