BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days
Source: Coin Tegraph BlackRock’s Bitcoin ETF has seen a record bleed on Christmas Eve amid a four-trading day streak of outflows from US Bitcoin funds. Read Full Article
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From HNIs to retail, why were gold ETFs investors’ favourites in 2024? Will their stellar performance continue in 2025? | Stock Market News
Source: Live Mint Physical gold has always been a household favourite, but 2024 witnessed a significant surge in demand for gold Exchange Traded Funds (ETFs) among investors. The investment in the instrument between November 2023 and November 2024 quadrupled to ₹1,256 crore, says the Association of Mutual Funds in India (AMFI). The trend was witnessed…
4 best government loan schemes for startups in India to fuel your business | Mint
Source: Live Mint Every startup starts with an idea. To bring this idea to reality, a team of efficient leaders and adequate funds are required. Startups can get funds through angel investors, friends, and family, or they can borrow. The government has initiated several schemes to provide loans for startups in India. Some schemes offering…
Top 6 credit cards offer fuel cashback rewards. Check details here | Mint
Source: Live Mint If you travel a lot or have too many vehicles in your household with significant fuel consumption, then it is recommended that you consider using a credit card which offers fuel cashback rewards. This can help you save money in the form of cashback on fuel transactions. For those who are not aware,…
Memecoins take top spot for crypto investor interest in 2024: CoinGecko
Source: Coin Tegraph Memecoin interest in 2024 was largely directed to Solana-based tokens, followed by those on Coinbase’s blockchain Base, according to a CoinGecko study. Read Full Article
Zerodha’s Kamath brothers fund, Groww’s parent entity, Share India among 4 to invest in Metropolitan Stock Exchange | Stock Market News
Source: Live Mint Indian Stock Markets: Metropolitan Stock Exchange of India Ltd will see investments by Billionbrains Garage Ventures ( parent company of Groww), Zerodha’s Kamath brothers Fund Rainmatter, Share India Securities Ltd & Securocorp Securities India Private Limited As per Metropolitan Stock Exchange of India Ltd’s announcement quoted by CNBC TV 18 in a…
Litecoin’s Quiet Growth: Avg Active Users Jumped 10% In 2024
Source: Bitcoinist On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence platform IntoTheBlock has discussed about the year-on-year growth in the Daily Active…
Little-known Canadian crypto firm Matador adds Bitcoin to its books
Source: Coin Tegraph Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet. Read Full Article
Japan’s Nikkei inches down, trading muted before Wall Street holiday
Source: Live Mint TOKYO, – Japan’s Nikkei share average inched down on Wednesday as investors avoided active bets with Wall Street closed for the Christmas holiday. The Nikkei was down 0.12% at 38,990.56 by the midday break, after rising as much as 0.37% after the open. “The market struggled to find direction with foreign investors…
Crypto Staking Classified As Taxable By IRS Amid Legal Dispute | TheSpuzz
Source: Bitcoinist The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subject to immediate taxation upon generation. IRS Confirms…