Bitcoin bears base $40K prediction on 'self induced fear' — Samson Mow
Source: Coin Tegraph Jan3 CEO Samson Mow reiterated that fear-driven markets “never lasts long” because fundamentals usually “win out over time.” Read Full Article
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Games24x7 looks to keep users engaged despite heavy GST on online gaming
Source: Business Standard Bhavin Pandya, Co-founder and co-CEO, Games24x7 4 min read Last Updated : Aug 16 2024 | 11:04 PM IST Despite the 28 per cent goods and services tax (GST) imposed on online gaming, Games24x7, a gaming unicorn, is investing heavily in product enhancements and exploring cross-monetisation opportunities to boost user engagement…
Gold: Buy the dips; key resistance at $2,550 in focus for yellow metal
Source: Business Standard Gold(Photo: Shutterstock) 3 min read Last Updated : Sep 06 2024 | 1:22 PM IST Gold price today: On Thursday, spot gold came close to test its all-time high at $2,532 on lackluster US ADP employment change data (August); however, the rally was checked by slightly better-than-expected US ISM services (August)…
Weekend Wrap: From Hero MotoCorp to Solar Industries, top market movers and news of week | Stock Market News
Source: Live Mint Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on September 6, 2024. From top news to market performance, here’s the market wrap for the week ended September 6, 2024. Top News India’s foreign exchange reserves rose to…
Errors, high cost among reasons GenAI not moving beyond concept stage
Source: Live Mint Senior industry executives and analysts say a high error rate, steep cost of deployment and the relative newness of the technology are the main reasons for GenAI’s weak adoption by companies. “So first and foremost, accuracy of the results is critically important. And second, the adoption of that solution is critically important….
Skill-Lync launches 30 free engineering courses to train 30,000 students
Source: Business Standard 3 min read Last Updated : Sep 06 2024 | 10:07 AM IST In response to the growing gap between engineering education and industry demands, Skill-Lync, a Y-Combinator-backed edtech startup, has announced the launch of 30 free courses over the next six months. This initiative aims to equip over 30,000 Indian…
Is Bitcoin (BTC) Demand Drying Up? Top Analyst Shares Details | TheSpuzz
Source: Bitcoinist Bitcoin (BTC) is at a crucial level after a sharp 15% retrace from recent local highs. While traders and enthusiasts speculate about the causes of this downturn, the consensus is clear: demand is weakening. CryptoQuant’s head of research, Julio Moreno, has provided an in-depth analysis of the situation, relying on key market indicators…
Explained: How non-resident status is determined under FEMA regulations | Mint
Source: Live Mint For non-residents, two sets of legal frameworks apply to them. The first legal framework is provided under the Income Tax Act of 1961, which deals with taxing Non-Residents’ income. The other legal framework is provided under the FEMA (Foreign Exchange Management Act) 1999, which deals with investment avenues available to non-residents and…
VanEck to shutter Ethereum futures ETF
Source: Coin Tegraph Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs. Read Full Article
After forensic analysis, WazirX blames wallet provider for crypto heist
Source: Business Standard 2 min read Last Updated : Aug 19 2024 | 11:08 PM IST Nearly a month after conducting a preliminary investigation into a security breach that led to a loss of $230 million at WazirX, the embattled crypto exchange on Monday claimed that a separate forensic analysis found no compromise of…