Cryptocurrency has transformed the financial landscape, allowing for decentralized and secure digital transactions. The future of cryptocurrency looks bright, thanks to the rise of Bitcoin, Ethereum, Doge, and other digital currencies. In this article, we will look at the evolution of cryptocurrency, its benefits and drawbacks as an investment, and what lies ahead over the…
The Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs), which has investors in the cryptocurrency space in high spirits. For Indian cryptocurrency enthusiasts, this is also huge news, since as of 2023, there were over 19 million cryptocurrency investors in the nation. The Bitwise Bitcoin ETF, Hashdex Bitcoin ETF, iShares…
Jyoti CNC Automation made a good first impression, listing at a 12.3 percent premium to its IPO price on January 16. In comparison to the issue price of Rs 331, the stock opened at Rs 370 on the NSE and Rs 372 on the BSE. Analysts predicted that the stock would trade at a 15-18…
This week, the U.S. Securities and Exchange Commission (SEC) made history by approving the first-ever Bitcoin exchange-traded funds (ETFs) to go live in the country, igniting a fresh bull run in the cryptocurrency market. Given the strong presence of financial industry heavyweights such as BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest in the cryptocurrency space,…
Today’s gold price: The range-bound yellow metal’s losses extend to Rs 1,200/10 grams in 2024. What actions should traders take? Gold prices were trading in a narrow range early Wednesday, despite a steady dollar index (DXY). Meanwhile, investors are waiting for the US inflation report, which is due later this week. MCX February gold futures…
What is an IPO (Initial Public Offer)? An Initial Public Offering (IPO) is a financial event in which a private company for the first time makes its shares available for public purchase and trading on a stock exchange. An IPO transforms a company from a privately held entity with ownership typically limited to a small…
What is Crypto ETF? A crypto ETF is a type of exchange-traded fund that gives investors exposure to cryptocurrency and digital assets by allowing them to buy and sell shares on traditional stock exchanges. Crypto ETFs are designed to track the performance of one or more cryptocurrencies or to provide exposure to related technologies, allowing…
What is Cryptocurrency? Cryptocurrency is a kind of digital or virtual money that uses cryptographic methods to control the creation of new units, ensure asset transfers are verified, and secure financial transactions. Cryptocurrencies function on decentralized networks based on blockchain technology, a distributed ledger that logs every transaction made over a network of computers, in…
What is share market or Stock Market? The share market or stock market is a financial market in which investors can buy and sell publicly traded company shares. It acts as a platform for businesses to raise capital by issuing stocks and for investors to purchase ownership stakes in those businesses. Stock prices fluctuate in…
What are mutual funds? A mutual fund is a type of investment vehicle that combines the capital of several investors to buy a variety of stocks, bonds, and other securities. Expert fund managers oversee the fund and choose investments on behalf of the investors. A mutual fund’s objective is to expose investors to a wide…
