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Securities and Exchange Commission (SEC) Chair Gary Gensler maintains a cautious stance on crypto despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the agency he leads.

Investing.com -- Bitcoin was trading higher on Thursday, while crypto-related stocks also rose, after the top U.S. securities regulator approved the first exchange-traded funds tracking the spot price of the digital asset.

By Elizabeth Howcroft and Hannah Lang

Investing.com -- Traders are awaiting key U.S. inflation numbers for December, which could play into how the Federal Reserve approaches potential interest rate reductions this year. Elsewhere, the U.S. Securities and Exchange Commission approves several applications to create spot Bitcoin exchange-traded funds, in a landmark decision for the cryptocurrency industry.

For beginners venturing into the world of stock market investing, understanding the intricacies of demat charges is crucial. A demat (dematerialised) account acts as a digital repository for your securities, making it essential to grasp the associated fees and charges. Here's a comprehensive guide to decoding demat charges for novice investors.

Ether, the second-largest cryptocurrency, emerged as one of the biggest beneficiaries of the decision by US regulators to approve the country’s first spot-bitcoin exchange-traded funds.

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rupee ended little changed against the dollar on Thursday, ahead of the key U.S. inflation data that could potentially help investors reassess the outlook for interest rates in the world's largest economy. The rupee was at 83.0275 to the dollar compared with 83.0250 in the previous session. The rupee had, in intraday trades, risen to a near one-month high of 82.9350 on dollar sales by certain foreign banks pertaining to custodial and positional flows, traders said. «Despite the dollar inflows, the rupee needs to close convincingly above 83 to confirm a change in trend,» said Jigar Trivedi, senior research analyst — currencies and commodities at Reliance Securities. The role of the Reserve Bank of India (RBI) will be important in terms of how these flows are managed, Trivedi added. U.S.

Dubai: An oil tanker once at the center of a crisis between Iran and the United States was boarded in the Gulf of Oman by “unauthorized" men in military uniforms early on Thursday morning, an advisory group run by the British military and a private security firm warned. Details remained unclear in what was apparently the latest seizure of a vessel in the tense Middle East waterways.

largecap funds of portfolio management services (PMS) firms outperformed smallcap funds, with some of them even giving double-digit returns. Tulsian PMS’ largecap strategy topped the list, giving nearly 12% returns in December. On a 1-year basis, too, the strategy has given a staggering 48% returns. The largecap strategies of ICICI Prudential, Asit C Mehta Investment, Nippon India, and Agreya Capital Advisors gave 10-10.5% returns in December. Saurabh Mukherjea-run Marcellus Investment’s “Consistent Compounders” is another largecap strategy that gave positive returns last month, but underperformed its benchmark.

In the wake of the United States’ approval of spot Bitcoin ETFs, a lawmaker in Hong Kong has called on the local government to swiftly follow suit and position the city as a leader in the cryptocurrency space. 

Ankeny, Iowa Ron DeSantis is nearing the end of his third pep rally of the day, surrounded by roughly 150 fans in a dimly lit baseball-themed sports bar (try the Ty Cobb Salad), when he tells the story that sums up his presidential appeal. “We had a Category 5 hurricane hit in Southwest Florida," he says. It washed out a bridge and a causeway, stranding thousands of islanders from their homes.

Ayodhya airport on 22nd January to attend the 'pran pratishtha' ceremony of the Ram Temple. This will also show us the path of checking the potential of the Ayodhya airport" the CM said. He further added, "I am grateful to PM Narendra Modi for giving the fourth international airport to Uttar Pradesh.

Stock split 2024: Shares of OK Play India Ltd are one of the multibagger stocks that the Indian stock market has delivered in the last one year. At this time, this small-cap stock with a market cap of around 400 crore has risen from around ₹46.50 to ₹150 apiece levels, logging to the tune of a 225 per cent rise in this time.

Stock market today: Shares of Evoq Remedies Ltd are one of the small-cap stocks that are priced below ₹50 in the Indian stock market. The small-cap stock below ₹50 has informed Indian exchanges that it has received an export order worth ₹136 crore, which has attracted the attention of market investors. The pharma stock informed BSE about the export order on Wednesday and the stock immediately touched the 20 per cent upper circuit after the outbreak of this stock market news.

SBI branch in the Shahganj locality of Uttar Pradesh's Unnao had to chase the bull out. The 30 second video shared on X shows the bull stationed in one place, projecting a stupefied stare at the customers around the animal. The video of people huffing away from the two horned bull has left the internet in splits.

cross-border linkage is active for the major UPI apps such as BHIM, PhonePe and Paytm. The new functionality is set to enable Indians to receive remittances from Singapore-based Indian diaspora directly into their bank accounts. This facility can be accessed by users of BHIM, PhonePe, and Paytm apps.

Henley Passport Index, released on Tuesday, India's passport has ascended to the 80th position worldwide. This elevated ranking now affords Indian citizens the privilege of unhindered exploration across 62 countries, alleviating the burden of intricate visa application procedures. The assessment of this ranking aligns with visa regulations effective as of January 11, as sourced from data provided by the International Air Transport Association (IATA). A cornerstone in displaying, organizing, and ranking global passports, the Henley Passport Index, reveals six countries — France, Germany, Italy, Japan, Singapore, and Spain — jointly holding the prestigious title of the world's most potent visa. Citizens from these nations enjoy the unprecedented freedom to traverse over 194 countries without dealing with pesky visa requirements. On the flip side, Afghanistan sits at the bottom rung of the list, granting its passport holders access to a mere 28 countries without a visa. Syria closely follows with visa-free entry to 29 destinations, trailed by Iraq with 31, and Pakistan with 34. Indian passport bearers can now revel in the liberty of visiting 62 countries, including Oman and Qatar, without the encumbrance of a visa. These destinations extend either visa-free entry or the convenience of visa-on-arrival for Indian travelers, as elucidated by the Henley Passport Index 2024. Here is the full list of destinations Indians can visit without getting a visa before travel:

₹36 apiece level. Since then, it has remained an idea 'buy on dip' stock for investors. However, it seems that the stock still has some upside potential.

VanEck, a renowned asset management firm, has stirred the crypto market with its latest move – launching a pro-crypto advertisement titled “Born to Bitcoin.” This strategic decision comes amidst their pending application for a spot Bitcoin exchange-traded fund with the U.S. Securities and Exchange Commission (SEC). 

The US Securities and Exchange Commission (SEC) has finally approved a range of spot Bitcoin (BTC) exchange-traded fund (ETF) applications.