Foreign exchange India has broken the record once again with its significant achievement of exceeding an 11-week peak, settling forex reserves at $595 billion. In this article, we will discuss the economy’s record-breaking achievement and its economic implications, the future Outlook of the economy, sectoral impact, and more. Give Record-breaking Figures India’s foreign exchange reserves … Weiterlesen
Bitcoin Bull Cathie Wood’s investment management firm Ark Invest offloads additional holdings of Coinbase shares, marking the second selloff of COIN stock this week. Meanwhile, ARK Invest funds continue to buy Robinhood Markets (HOOD) shares, Cathie Wood’s Ark Invest Selling Coinbase Shares On November 29, Cathie Wood’s Ark Invest fund Ark Fintech Innovation ETF (ARKF) … Weiterlesen
The bankrupt FTX estate wants to set the United States Internal Revenue Service (IRS) $24 billion claims against it to $0.00, according to a Nov. 29 court filing. Earlier in the year, the federal agency had slapped a tax bill worth around $44 billion on FTX and Alameda groups of companies, prioritizing its claims over … Weiterlesen
The demand for BTC is expected to skyrocket once a spot exchange-traded fund ETF is approved by the US SEC. A yet-to-be-identified buyer has acquired 11,268 Bitcoin (BTC) between November 10 and now. The purchase, which is worth a total of $424 million, has also made the buyer the 74th largest holder of Bitcoin, per … Weiterlesen
In a pivotal turn of events, the U.S. SEC is set to convene a confidential meeting today to address crucial matters, with a keen focus on resolving ongoing legal disputes. While the official announcement from the regulator does not explicitly mention Ripple or XRP, it has triggered a wave of speculation among XRP investors regarding the potential … Weiterlesen
Share: According to Eurostat’s provisional calculations, annual inflation in the Eurozone inflation eased to 2.4% year-on-year. Economists at Commerzbank analyze the report the Eurozone Harmonised Index of Consumer Prices (HICP) report. Euro Area inflation surprises again In the Euro Area, inflation fell by 0.5 percentage points to 2.4% in November, a much stronger … Weiterlesen
“Investor demand for BITO remains strong, as shown by the ETF reaching a new high in assets under management,” Simeon Hyman, global investment strategist at ProShares, said in a statement to CoinDesk. “We believe this speaks to the demand for a familiar, accessible and regulated way to target the returns of bitcoin.” —————————————————————- Follow us … Weiterlesen
The cryptocurrency market often reflects broader cultural phenomena, and the recent resurgence in the trading volume of the Squid Game token (SQUID) is a prime example. Originally launched in late 2021, SQUID gained notoriety for its dramatic plunge and the subsequent scandal involving its developers. Despite its troubled past, the token is now witnessing a … Weiterlesen
BitMEX was probably conducting an internal transfer because it is migrating most of its bitcoin holdings from the 3BMEX format to addresses with format bc1qmex, the firm said. There are also Bitcoin addresses that start with “bc1q” that support SegWit, a type of bitcoin transaction, natively, allowing more efficient transactions that can pay lower fees. … Weiterlesen
Elon Musk said that he will do whatever required to maintain for the free speech on the X platform. Elon Musk was brutally straightforward during his recent interview on Wednesday, November 29. During the 2023 DealBook Summit in New York on November 29 Elon Musk, owner of the micro-blogging platform X (formerly Twitter), criticized advertisers … Weiterlesen