HSBC says Indian markets are on track to continue outperforming in 2024

According to HSBC Global Research, positive foreign institutional investor inflows and strong domestic inflows in November are factors that could extend the bull market to the first half of 2024. Stable rupee, low US bond yields, falling crude oil prices, solid earnings, decline in inflation are some of the positives that will give the market … Read more

Entrepreneurs in Bahrain use innovative ways to empower employees, improve productivity

Bahrain, December 7: AISCO, AIC and CPT, three highly reputed Bahraini companies led by renowned entrepreneurs Edward Noronha, Rajan Sharma and Benny Barboza, have strived for higher employee productivity and empowerment by incorporating learning for the SME sector for the first time in the Middle East. skills through virtual reality, artificial intelligence and simulation through a … Read more

Ocean mining pool refutes claims of censoring certain Bitcoin transactions

Bitcoin (BTC) wallet provider Samourai Wallet has accused BTC mining pool Ocean of censoring Whirlpool CoinJoin transactions and BIP47 notification transactions from Dec. 6. However, Ocean’s top executive has denied the claims while asking the Bitcoin wallet provider to fix a bug in their software. On Dec. 7, Samourai Wallet claimed that a new policy … Read more

Harvard, MIT and UPenn Presidents Should Resign: Bill Ackman

Bill Ackman has had it with the presidents of Harvard, MIT and UPenn. The presidents were grilled by Congress over their colleges’ response to the Israel-Hamas war. Ackman said all three should “resign in disgrace” for saying that “genocide depends on the context.” Access your favorite topics in a personalized feed while you’re on the … Read more

Grayscale Investments CEO hints at optimistic scenario for spot Bitcoin ETF

Grayscale Investments CEO hints at optimistic scenario for spot Bitcoin ETF

Grayscale Investments CEO Michael Sonnenshein believes that market participants’ negotiations with the U.S. Securities and Exchange Commission (SEC) about launching a spot Bitcoin (BTC) ETF in the United States are proceeding according to an optimistic scenario. The CEO shared this opinion with Yahoo Finance reporters and noted that SEC commissioners are working to clarify details … Read more

China banks, Hong Kong, local govt financing vehicles

A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. Moody’s Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade to China’s government credit ratings a day earlier. The ratings agency also lowered Hong Kong’s … Read more

Bitcoin (BTC) Price Explosion, Solana (SOL) Volatility, Ripple (XRP) Targets: Bits Recap Dec 7

Bitcoin (BTC): Surpassed $44,000, contributing to a global crypto market cap of over $1.65 trillion, with signs of continued bullishness. Solana (SOL): Experienced price volatility, currently hovering around $64, with potential for an upcoming rally based on positive on-chain metrics. Ripple (XRP): Trading around $0.64, up 88% since January, with analysts predicting a significant rally, … Read more

Interim Budget 2024 Will Have ‘No Spectacular Announcements’, Says Finance Minister Nirmala Sitharaman

Indian executives must adapt to using AI, take Industrial Revolution 4.0 seriously, include AI and web3 in their planning for short-, medium- and long-term, and take AI in the right spirit to improve productivity and reduce the monotony of due dilligence, she said. On alternatives to the U.S. dollar and its necessity in the global … Read more

HIVE Ramps Up Bitcoin Mining, Hits 276 BTC in November

bitcoin btc mining

HIVE Digital Technologies, a cryptocurrency mining and data center operator, has announced its Bitcoin (BTC) production from November and data center acquisition details. According to the latest numbers, the company mined 276.3 BTC last month, rising from October’s dip of 265.9 BTC. HIVE Provides Bitcoin Mining Update The company’s latest mining numbers equate to an … Read more