Man, things just got really interesting for Indian traders. KuCoin just announced a major update effective April 10th – a 1% Tax Deductible at Source (TDS) on the proceeds from Virtual Digital Assets (VDA) transactions. This has the Indian crypto community sitting up and taking notice. The tax deducted will find its way to the…
Well. It would seem that Nansen woke up today and made the conscious decision to choose violence. In a dramatic fashion, they started a very interesting Twitter thread, publicly shaming their biggest competitor leaks-reveal-potential-return-of-arkham/” data-type=”post” data-id=”425448″ target=”_blank” rel=”noopener”>Arkham Intelligence. Apparently, the guys at Arkham have been more than a little bit too shady. And Nansen…
Elon Musk, the billionaire entrepreneur and CEO of SpaceX and Tesla, has once again found himself in the legal spotlight, this time facing off against the Biden administration over his social media use. Musk’s recent actions have raised questions about his freedom of speech and the SEC’s regulatory reach, leading to a high-stakes legal performance…
The global financial landscape is currently witnessing an unprecedented wave of optimism, fueling a surge in stock markets to new heights. This bullish trend, according to financial analysts, signifies more than just a temporary blip; it represents a monumental shift in the economic tides. The S&P 500, Nasdaq Composite, Japan’s Nikkei 225, Germany’s DAX, and…
Jerome Powell’s Trust in the Resilience of U.S. Banks: A Closer Look at Commercial Real Estate Loans Jerome Powell, the Chair of the Federal Reserve, has expressed his confidence in the robustness and stability of the U.S. banking sector, particularly when it comes to commercial real estate loans. His optimistic stance is echoed by a…
A Banner Day on Wall Street: Tech Stocks Soar Amid Rate Cut Anticipation Wall Street experienced a thrilling day of trading on Thursday, March 7, with the S&P 500 and Nasdaq composite registering significant gains. This bullish trend was primarily fueled by tech and growth stocks, which saw a surge in value due to the…
Title: New York Community Bank’s Dramatic 42% Stock Crash and the $1 Billion Lifeline from Investors Yesterday marked a pivotal moment for New York Community Bank (NYCB) as its stock suffered a significant blow, losing 42% of its value, resulting in a trading halt. Sources close to the matter revealed that this New York-based financial…
Spain Imposes Ban on worldcoin’s Unique Data Collection Method: The Orb worldcoin, the cryptocurrency project co-founded by Sam Altman, Max Novendstern, and Alex Blania in 2019, has encountered a significant hurdle with Spain’s data protection watchdog, AEPD. The regulator demanded an immediate halt to the collection and utilization of personal data gathered through worldcoin’s distinctive…
Title: Stock Markets Endure Rough Day as Economy Slows Down: Tech Sector Takes a Hit; bitcoin and Gold Shine Yesterday’s trading session on Wall Street proved to be challenging as major stock indexes took a tumble. The tech-heavy Nasdaq was hit hardest, with a decline of over 2%. Tom Hainlin from U.S. Bank Wealth Management…
Title: Berkshire Hathaway’s Stealthy Financial Investments: A New Venture on the Horizon Amidst Cautious Market Conditions Warren Buffett’s conglomerate, Berkshire Hathaway, has been making headlines for its clandestine stock acquisitions in the financial sector. Over the past two quarters, the company has requested regulatory approval to keep these purchases under wraps, fueling speculation that Berkshire…
US Senators Take a Stand Against Federal Reserve’s Central Bank Digital Currency (CBDC): A new wave of opposition is brewing in the US political landscape as a bipartisan group of Senators, led by Texas Senator Ted Cruz and several Republican colleagues, are gearing up to challenge the Federal Reserve’s potential issuance of a Central Bank…
