The FinTech Hub
Source: Bitcoinist On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund’s listing exchange until market close on September 16, 2024. After that date, the shares will…
Source: Live Mint With the UPS (Unified Pension System) soon to become a reality in the next financial year, several government employees may decide to opt out of National Pension System (NPS) for UPS. It is noteworthy that the UPS will for the time being be open only for the central government employees, which means…
Source: Coin Tegraph US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision. However, the CFTC still has the option to appeal. Read Full Article
Source: Business Standard 2 min read Last Updated : Aug 13 2024 | 5:17 PM IST PayU-backed fintech Vayana today announced that it has raised $20.5 million as part of its ongoing Series D funding round led by Sumitomo Mitsui Banking Corporation’s (SMBC) Asia Rising Fund, with participation from existing investors such as the…
Source: Business Standard The final rules will be released this month through a circular, the sources said | Photo: Shutterstock 3 min read Last Updated : Sep 06 2024 | 12:50 PM IST India’s markets regulator will tighten derivative rules to increase entry barriers and make it more expensive to trade as it tries to…
Source: Live Mint Ganesh Chaturthi Stocks Picks: Indian Bank , Dilip Buildcon Ltd are two technical picks by Anand James, Chief Market Strategist, Geojit Financial Services on the occasion of Ganesh Chaturthi. Stocks to buy on Monday Indian Bank (Buy)—Anand James recommends buying the Indian Bank share with a target price of ₹558-568. This indicates…
Source: Live Mint OpenAI has recently announced exciting news for ChatGPT users, particularly those utilizing the free version of the platform. The company is now extending the ability for free users to generate up to two images daily using DALL-E 3, their advanced generative AI model. This feature, which was previously exclusive to subscribers of…
Source: Business Standard 2 min read Last Updated : Sep 06 2024 | 9:51 AM IST Indian equity markets continued their upward trajectory in August, with all major indices delivering positive returns. The Nifty 500, in particular, surged 12.47 per cent during the month, showcasing strong momentum, noted the Motilal Oswal Asset Management Company’s Global…
Source: Bitcoinist The Dogecoin Foundation has revealed a major update to their development trailmap. Highlighting this update is the announcement of “Project Sakura,” a protocol upgrade poised to increase block speed by tenfold, augment block size similarly, and ensure maximum decentralization—a development that has sparked vibrant discussion within the community. As outlined in their shared…
Source: Live Mint Investing requires unconditional discipline, razor-sharp consistency and oodles of patience. At the outset, however, one is meant to learn the ropes of investing. One should know, for example, the key difference between savings and investment, multiple investing options which one can choose from, how to achieve financial goals and how to do asset rebalancing. This…
