Bitcoin miners as energy buyers, explained
Source: Coin Tegraph Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand. Read Full Article
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What are the tax implications on gifted shares? | Mint
Source: Live Mint I have a few queries regarding income tax on gifting shares. Me (Arvind) => A; my brother’s wife => B; my friend => C 1. If A gift equity shares to B, what tax implication will A and B have? 2. If A lends shares to B by transferring them to B’s…
GNG Electronics eyes IPO route to raise ₹825 crore, files DRHP with SEBI | Stock Market News
Source: Live Mint GNG Electronics, touted as India’s largest refurbisher of laptops and desktops and a leading player in refurbishing ICT (information and communication technology) devices, is gearing up to enter the primary market with plans to raise ₹825 crore. The electronics firm, on December 14, filed its draft red herring prospectus (DRHP) with the…
Are Bitcoin Whales Still Holding For Higher Profit? This On-Chain Signal Suggests So | TheSpuzz
Source: Bitcoinist The Bitcoin price performance in 2024 is one for the history books, with the premier cryptocurrency crossing the $100,000 mark for the first time ever. However, hitting this milestone opened the door to another conversation — when will the market top be in? As a result, several predictions of the Bitcoin price top…
Costs of European residency programmes have shot up in recent years
Source: Live Mint Here’s how much costs of some of the popular European residency programmes have escalated in recent years. Portugal The cost of Portugal’s Golden Visa, which allows you to apply for permanent residency after five years, has risen 78% from €280,000 ( ₹2.49 crore) to €500,000 ( ₹4.45 crore). There have been changes…
Buy or sell: Ganesh Dongre recommends three stocks to buy on Monday — December 16 | Stock Market News
Source: Live Mint Buy or sell: Throughout the week, the Nifty index remained in a range-bound zone, oscillating between the 24,000 and 25,000 levels. The week began with a sideways momentum, indicating a lack of significant directional movement. As the week progressed, profit booking took place, which caused the index to dip towards the support…
Energy Crisis In Iran — Is Bitcoin Mining To Blame?
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…
Ethereum liquid restaking TVL surges from $284M to $17B in 2024
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
Inventrus Knowledge Solutions IPO: What GMP, subscription status signal as Rekha Jhunjhunwala-owned issue ends on Monday | Stock Market News
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…
Market cap of 5 of top-10 most valued firms jumps by ₹1.13 lakh crore; Airtel top gainer | Stock Market News
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…