Platform Financial News

bitcoin buffs have a shiny new derivatives playground that cryptocurrency analysts hope will fire up a moribund market. Their new platform is cryptocurrency exchange Coinbase Global, which on Aug. 16 became the first crypto-focused firm to win approval to offer cryptocurrency futures to U.S.

bitcoin buffs have a shiny new derivatives playground that cryptocurrency analysts hope will fire up a moribund market. Their new platform is cryptocurrency exchange Coinbase Global, which on Aug. 16 became the first crypto-focused firm to win approval to offer cryptocurrency futures to U.S. retail customers. It's early days. But crypto markets are excited by the possibility that the first regulated and listed crypto firm to offer futures trading to U.S. retail investors might revive a shrinking $2 trillion cryptocurrency derivatives market. «Coinbase's approval to offer U.S. futures has the potential to rekindle hope and momentum in the market,» said Lucas Kiely, chief investment officer of digital investment platform Yield App.

Twitter) users can finally breathe a sigh of relief as a recent glitch that affected the visibility of images and links in tweets shared before December 2014 has finally been successfully fixed by the micro-blogging platform. Reports of the issue initially surfaced over the weekend, with concerns arising regarding posts made before 2014, especially those containing images or shortened links from the platform. The glitch, which came to light through a post by Tom Coates, caught attention for affecting even the iconic 2014 Oscars selfie by Ellen DeGeneres, which became the most retweeted ever post. It was a picture of her with famous people like Bradley Cooper and Jennifer Lawrence. Later, the picture came back, but not everyone got their pictures back. In response, the @Support account of X released a statement confirming the resolution of the problem and gave assurance that no data or images were permanently lost.

Reliance Industries, about 60% of the Rs 1.6 lakh crore-market capitalisation of Jio Financial Services or JFSL is nothing but a result of its 6.1% stake in parent entity RIL. As part of the demerger, JFSL has received 413 million treasury shares or 6.1% of the total share capital of RIL. At the current market price, the value of these shares is about Rs 1 lakh crore. JFSL can either sell these shares in a staggered manner or simply hold on to them.

Twitter) on Tuesday announced that it has fixed the bug that prevented the platform from displaying images tweeted before 2014. «Over the weekend we had a bug that prevented us from displaying images from before 2014. No images or data were lost.

Stocks that were in focus include names like PNB Housing Finance, which rose 3.41%, Trident, which gained 11.42%, and Tanla Platforms, whose shares declined 5.50% on Monday.Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today:PNB Housing Finance — BuyThe stock is coming out of a rounding bottom pattern on weekly charts and has relatively outperformed the head index week-on-week. The price action and momentum indicators like MACD and 14-period RSI are also showing a bullish trend. The stock is a buy candidate at CMP and around 645 for targets of 680 and 710 with a stop below 618.Trident — BuyA breakout from a descending channel can be visible on a weekly time frame.

Telecom Regulatory Authority of India (TRAI) has recommended to the Ministry of Information and Broadcasting (MIB) that the government should discontinue charging direct-to-home (DTH) operators a licence fee after the fiscal year 2026–2027 to ensure the sector remains viable in the long-term. In its recommendations titled ‘Licence Fee and Policy Matters of DTH Services’, the TRAI has suggested that the licence fee for DTH operators should be brought down to zero in the next three years. The TRAI contended that the DTH platforms should be treated at par with other regulated and unregulated distribution platforms like multi-system operators (MSOs), headend in the sky (HITS) operators, IPTV providers, DD Free Dish, and OTT services that don’t pay any licence fee. In the last few years, the DTH sector has been losing ground to DD Free Dish, the free DTH platform of Prasar Bharati, and OTT platforms. As of March 2023, the active subscriber base of the four pay DTH platforms stood at 65.25 million. Reacting to the TRAI's recommendations, a DishTV spokesperson said, «The issue of consideration of the DTH license fee has been pending for a long time.

MUMBAI — Nuvama Wealth Management, the demerged wealth management business of Edelweiss Financial Services, hopes to get listed on the bourses by mid of September, said Ashish Kehair, MD & CEO, Nuvama Group. The company has filed the application for listing with the stock exchanges, and is currently in the process of obtaining the required approvals and clearances. “We anticipate the listing of NWML shares to take place between the end of August and mid-September 2023, subject to regulatory approvals,” Kehair said in an interview with ETMarkets. Edited excerpts:What’s the status of the demerger process as Edelweiss already has NCLT approval?The demerger process was successfully completed following the approval from National Company Law Tribunal (NCLT) on April 27, 2023, which came into effect on May 18, 2023.

Moscow have suspended arrivals and departures today, Tuesday, August 22 after the Russian military brought down four Ukrainian drones near Moscow and over the Bryansk region that borders Ukraine, according to a report published by TASS News. Reuters reported that one of the drones was shot down over Krasnogorsk, a town outside Moscow, that hosts the Moscow regional government. Russia's defense ministry confirmed that there were no injuries in the latest attack.

Read all the latest updates on BRICS Sumit 2023 at Mint's LIVE blog:PM Narendra Modi on Tuesday left for South Africa to take part in the BRICS Summit being held in Johannesburg. PM Modi on the X platform wrote, " I will also take part in the BRICS-Africa Outreach and BRICS Plus Dialogue events.

The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution License (MPI) to the popular cryptocurrency exchange Blockchain.com. With this license, the platform will be able to provide digital payment token services to institutional and accredited investors. On August 7, 2023, it was disclosed that the application had been approved, and on August 1, 2023, the license was issued.

Trump said he will turn himself in on Thursday in Georgia to face racketeering and other charges stemming from his bid to overturn the 2020 election. Writing on his platform Truth Social on Monday, Trump said that that day he would be «ARRESTED by a Radical Left District Attorney, Fani Willis,» the Georgia official who brought the year's fourth indictment against the former president. The judge in the case earlier approved a $200,000 bond for Trump in the racketeering case filed against him in the southern state. Trump and the 18 other co-defendants in the landmark case have until noon (1600 GMT) on Friday to turn themselves in to the authorities in Georgia to be booked. In his post Trump said Willis is acting «in strict coordination with Crooked Joe Biden's DOJ.

Woodside Energy has posted a 6 per cent increase in first-half profit to a record, buoyed by an increase in oil and gas production to an all-time high after the merger with BHP’s petroleum business in June last year.

Supreme Court over the legality of driving-licence holders for light motor vehicles (LMVs) operating commercial vehicles without any additional endorsement has multiple stakeholders including drivers, fleet operators and cab aggregators worried, as a reversal of an older ruling could hurt them. A division bench of the top court in 2017 ruled that holders of LMV licences should be allowed to operate transport, or commercial vehicles, as long as the vehicles were up to 7,500 kg of unladen weight. In 2018, the Ministry of Road Transport and Highways issued a notification complying with the court order. Insurance companies appealed against the order before a three-member bench, arguing that this put the safety of people at risk. The bench referred the matter to a five-judge constitution bench, which at a hearing on July 20 asked the ministry to submit its position on the matter.

The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF), a regulated  digital asset trading platform owner, announced on August 9, 2023, its intention to renew its normal course issuer bid (NCIB) program to repurchase common shares of the company. Alongside this, INX's subsidiary, INX Limited, intends to renew its INX Token repurchase program.

Stock and crypto trading platform eToro listed Bitcoin (BTC) on its exchange in December 2013. Two months later, the asset’s price plummeted from $1200 to $150 after the fall of Mt. Gox, the world’s largest Bitcoin exchange at the time.

Human nature means it’s not easy to make decisions. Choosing one option often means forsaking others and can require careful analysis and thought, which takes energy. It’s why the term “decision fatigue” was coined, referring to our inability to continue making good decisions over a sustained period. 

Just as Goldman Sachs is looking to sell the remnants of United Capital Financial Partners, his old firm, Joe Duran is gingerly taking steps to reenter the registered investment advisor industry.

Netflix is gearing up to release a brand new wrestling docuseries in September 2023. This upcoming series will revolve around Ohio Valley Wrestling, a struggling wrestling promotion, and its endeavor to be rescued by the prominent figure in the wrestling industry, Al Snow. Here's a comprehensive overview of what we currently know about 'Wrestlers' on Netflix. 'Wrestlers' is an upcoming sports docuseries produced by BBC Studios Los Angeles, set to become a Netflix Original. The series is helmed by Greg Whiteley, acclaimed for his directorial and production roles in works like 'Cheers' and «Last Chance U.» Overseeing the project's execution as the executive producer for BBC Studios is Ryan O'Dowd.

Netflix has officially ordered a second season for the Danish medical drama series, marking over a year since its initial debut. The six-part series, which landed on Netflix on June 8, 2022, centers on a fertility doctor, Josephine Park, who unintentionally inseminates herself with her former boyfriend's sperm after a night of drinking.

Zomato and Nykaa, have their net worth tied up in their companies’ shares. The Bansals of Flipkart are an exception, having pocketed over a billion dollars each in cash from the sale of their stakes to Walmart, between 2018 and 2021. With this deal, the ecosystem will have its third such cash-rich startup founder.