The FinTech Hub
Source: Bitcoinist Following Gary Gensler’s departure announcement from the Securities and Exchange Commission (SEC), new reports claim that re-elected US president Donald Trump is set to unveil his pick for the new SEC chairman in the coming days. A New Crypto Era About To Begin As we approach the end of the year, the crypto…
Source: Live Mint Interest rates, be it to individuals or institutions, play a crucial role in planning finances. Two distinct rates employed to calculate the interest for any loan are the base rate and the marginal cost of funds-based lending rate (MCLR). So let’s look at the rates at work and how they help keep…
Source: Coin Tegraph A crypto analyst said a “flash crash is likely” but viewed it as a buying opportunity, signaling optimism for the long term. Read Full Article
Source: Live Mint Swiggy share price jumped over 6% on Wednesday after the food and grocery delivery major reported its earnings for the second quarter of FY25. Swiggy shares spiked as much as 6.69% to ₹534.85 apiece on the BSE. The newly-listed Swiggy reported strong revenue growth along with narrowing of losses in the quarter…
Source: Coin Tegraph Sweeping proposed changes would force most crypto firms in Australia to obtain financial licensing, which some worry will drive innovators offshore. Read Full Article
Source: Bitcoinist The cryptocurrency exchange market appears to have undergone a transformative shift in 2024, driven largely by a significant uptick in institutional activity. According to insights shared by CryptoQuant on its QuickTake platform, major exchanges are witnessing unprecedented growth in Bitcoin and USDT deposits. This trend highlights the increasing confidence of institutional investors in…
Source: Coin Tegraph Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account. Read Full Article
Source: Live Mint Wonderla Holidays share price surged 14.5% on Wednesday’s session after the firm has launched its Qualified Institutions Placement (QIP) issue today with a floor price of ₹829.74 per share. Wonderla Holidays share price today opened at an intraday low of ₹842.60 apiece on BSE, the stock touched an intraday high of 947.95…
Source: Coin Tegraph Hut 8 has argued a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner. Read Full Article
Source: Live Mint Stock Market today: The domestic benchmark indices, Sensex and Nifty 50, opened slightly higher on Wednesday following a three-day winning streak. Traders are anticipating gradual market movements ahead of the domestic central bank’s interest rate decision later this week. Sensex climbed 190.47 points to 81,036.22 in early trade; Nifty 50 was up…
