October 1, 2024
FTX's native cryptocurrency FTT saw a dramatic price increase, jumping over 70% to $2.70, its highest level since March 2024. This rally occurred as speculation spread on social media that FTX, currently in bankruptcy, would begin distributing funds to creditors and customers. FTT was trading around $1.40 for much of last month before the spike.
October 1, 2024
Light speed trading responded to media reports of a potential sale of the company, saying it periodically undertakes a strategic review of its operations and that it is does not intend to disclose further information unless required by its regulatory obligations. “While Lightspeed has a long-standing policy of not commenting on market rumors, the Company
September 30, 2024
We recently compiled a list of 10 Best Fintech Stocks to Buy Now. In this article, we'll take a look at where Fiserv, Inc. (NYSE:FI) stacks up against other fintech stocks. If you are interested, you can also read our article on 12 Best Financial and Fintech ETFs to Buy. Fintech services have become an
September 30, 2024
New Delhi: The third edition of Fintech Festival India kicked off on March 6, marking the start of a three-day extravaganza celebrating innovation, collaboration and inclusion in the fintech sector. The event was attended by Union Minister for Information and Technology Ashwini Vaishnaw, who lauded the remarkable progress made by the Modi government over the
September 26, 2024
Speed of lightwhich provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The company went public five years ago, but Dax DasilvaLightspeed's interim CEO and founder wonders if going private would be a better option, Bloomberg reported Monday (March 25), citing a interview published on the Montreal French-language news site La Presse. After
September 24, 2024
Market speculation about changes to capital gains taxes on stocks, coupled with ongoing election jitters, sent India's benchmark stock indices to their lowest level in three weeks before Finance Minister Nirmala Sitharaman dismissed what she called "pure speculation". The Nifty50 opened higher on Friday, hitting an intraday record of 22,794.7 points, before ending the day
September 21, 2024
A potential lifeline for Paytm? A partnership with Adani Group could be a major boon for Paytm. Adani’s recent stock rally suggests a period of positive momentum, which could provide Paytm with much-needed stability. However, discussions with experts and market analysts reveal that this potential deal is not entirely surprising. Given Paytm’s recent struggles, the
September 20, 2024
"I'm going to make him an offer he can't refuse." This iconic dialogue from the 1972 cinematic masterpiece, TThe Godfatherbased on the gangster novel by Mario Puzo, appears to be parallel to The buzz around Paytm acquisition captivating the Indian Fintech industry. In recent years, Paytm has been in the news for various reasons, including
September 19, 2024
Spotonchain, a leading blockchain analytics platform, the Ethereum Foundation recently sold 100 ETH for 345,179 DAI. This transaction is notable because it happened just a few hours before the scheduled date. Ethereum ETFs Launchedadding intrigue to the timing and raising questions about the exact reason behind such a transaction. Recent Ethereum Foundation Sales Spotonchain reports
September 18, 2024
The first deadline set by the U.S. Securities and Exchange Commission (SEC) for a spot Ether ETF falls on May 23. Its approval would be a significant event not only for investors, but it could also represent a significant change in the current status quo of U.S. cryptocurrency regulation. Many in the crypto community did
September 18, 2024
Cryptocurrency investors are growing impatient as Bitcoin has stagnated since its summer lows. However, there are signs that a major shift is on the horizon. Analysts are optimistic about Bitcoin’s performance in the fourth quarter, and recent rumors that China is reconsidering its cryptocurrency ban have sparked interest in the sector. Here's what we know
September 17, 2024
Fintech giant Paytm is facing a storm of controversy. Rumours of layoffs are rife, thwarted by Paytm’s denials. But disgruntled employees paint a different picture, alleging forced resignations. Is Paytm headed for a BYJU’S-like downfall? Last week began with worrying news of layoffs at Paytm. Despite Paytm's immediate denial of such developments, stating that "tThere
