California revokes BlockFi’s lending license 2 years after bankruptcy
Source: Coin Tegraph Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices. Read Full Article
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Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY | Stock Market News
Source: Live Mint Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY Read Full Article
Ether set for $3.2K breakout as ETH ETF inflows turn positive
Source: Coin Tegraph Trump’s election victory has inspired more optimism among crypto analysts, with some expecting Bitcoin to breach $100,000 before the end of 2024, boosting Ether’s price along the way. Read Full Article
Sony’s Q2 game/network service sales rise 12% to $7.01B
Source: Venture Beat Sony reported its sales for its game and network services division were 1,071.5 billion yen ($7.01 billion) for the second fiscal quarter ended September 30, up 12% from a year ago. Operating income for the G&NS division was 138.8 billion yen ($908 million), up 2.8 times from a year ago. Much of…
Sony’s big games for September quarter are Astro Bot, Ghost of Tsushima and Helldivers 2
Source: Venture Beat Sony reported its quarterly results tonight and it said that third-party games helped it grow operating profits by 2.8 times in the quarter compared to a year ago. The games that took off included Astro Bot, which debuted on the PlayStation 5 on September 6 and generated 1.5 million copies sold. So…
Momentum investing: Why volume and size matter
Source: Live Mint The appeal of momentum investing, with its “buy high, sell higher” mantra, has surged, challenging traditional investment norms. Yet, behind the simple idea lies a complex mechanism where fund size and trading volume can greatly influence success. In this space, careful calibration is essential, as larger funds risk distorting prices, while niche…
Unstoppable Domains integrates Monero usernames with Cake Wallet
Source: Coin Tegraph The new partnership allows Cake Wallet users to use .xmr domains in their blockchain interactions. Read Full Article
FPI Sell-off: Financials, Oil & Gas, Auto sectors lead October FPI exodus amid shift to cheaper markets | Stock Market News
Source: Live Mint Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic corporate earnings. According to data from the National Securities Depository Ltd (NSDL), FPIs recorded net sales of ₹94,017 crore in Indian equities…
Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand | TheSpuzz
Source: Bitcoinist Bitcoin has surged to new all-time highs, reaching $76,500, following Donald Trump’s victory in the US elections. This price breakout has reignited investor optimism, particularly among US traders, with demand increasing significantly since the election results. Trump’s pro-crypto stance has played a key role in boosting market sentiment, especially among institutional investors. Data…
BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
Source: Coin Tegraph Bitcoin longs risk mass liquidations in a snap market reversal, analysis warns after new BTC price records follow FOMC. Read Full Article