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Source: Bitcoinist Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan. Iran’s capital and its nearby provinces are also reporting rolling power blackouts in…
Source: Coin Tegraph While liquid restaking provides more utility for staked tokens, it also comes with its own risks, like the depegging and price volatility for derivative tokens. Read Full Article
Source: Live Mint Inventrus Knowledge Solutions IPO: The Inventurus Knowledge Solutions (IKS) IPO opened for subscription on December 12, 2024, and will close on December 16, 2024. The company aims to raise approximately ₹2,497.92 crores through this book-built issue, which includes a fresh issue component and an offer-for-sale of up to 1.87 crore equity shares…
Source: Live Mint Five of the ten most valuable companies on the stock market collectively added ₹1,13,117.17 crore to their market capitalization last week, with Bharti Airtel emerging as the top gainer. In contrast, Reliance Industries, State Bank of India (SBI), Life Insurance Corporation (LIC), ITC, and Hindustan Unilever faced declines in their valuations. During…
Source: Bitcoinist Dogecoin’s price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757. While this dip might appear concerning to some, crypto analyst Master Kenobi believes it is a natural and necessary…
Source: Live Mint South Korea’s central bank vowed to stabilize financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk Yeol. “The Bank of Korea intends to utilize all available policy instruments, in conjunction with the government, to…
Source: Bitcoinist In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC. Trump Rings The Bell For Crypto…
Source: Bitcoinist According to a recent Bloomberg report, Donald Trump’s crypto initiative, World Liberty Financial (WLF), is making significant strides by acquiring three altcoins worth millions. This move comes amid growing speculation that the decentralized finance (DeFi) platform is on the brink of “becoming operational.” Trump’s Crypto Venture Secures Major Token Purchases Since December 11,…
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 The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next…
