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Category: FINANCE

Posted on 23/08/2023

Bitcoin mines could be used for energy storage | FT Tech

Bitcoin mining is extremely energy intensive, and bitcoin bashers have labelled the digital currency a climate villain. But as the FT’s Scott Chipolina reports, one novel strategy being looked at is ...

Posted on 23/08/2023

Japan’s Nikkei inches higher on rising U.S. stock futures

Japan's Nikkei share average recouped early losses on Wednesday to trade slightly higher, as investors bought back stocks following gains in U.S. stock futures.

Posted on 23/08/2023

Donald Trump’s $2.8M Ethereum holdings show crypto will be a presidential issue

After disclosures revealed that Donald Trump holds $2.8 million in an Ethereum wallet, it’s clear cryptocurrency will be a focus in the presidential election.

Posted on 23/08/2023

Pyramid Technoplast IPO: Pyramid IPO fully booked on day 1; here’s what GMP indicates

Premium Pyramid Technoplast IPO opened on Friday, August 18 and will close on Tuesday, August 22. Pyramid Technoplast IPO was subscribed 1.61 times on day 1. Pyramid Technoplast IPO opened on ...

Posted on 23/08/2023

This year’s best-performing IPO is a company that makes golf putters after shares soar more than 600%

The 624% bounce cemented Sacks Parente as the best-performing market debut of 2023 and gave some hope for the subdued IPO market. There's been a dearth of flotations partly due to higher borrowing ...

Posted on 23/08/2023

IPO market could see ‘real uptick’ in 2024, Citi’s US head of banking says

For the IPO market's full-throttle return, look to 2024. While the excitement surrounding Mediterranean dining chain Cava (CAVA) and beauty tech company Oddity (ODD) will present some IPO ...

Posted on 23/08/2023

Arm’s full-year revenue fell 1% ahead of IPO – source

Reuters had previously reported that SoftBank was aiming to list Arm at a valuation of $60 billion to $70 billion in the IPO.

Posted on 23/08/2023

Instacart plans for IPO as soon as next month – report

The grocery-delivery firm may publicly file for an IPO with the Securities and Exchange Commission as soon as next week, according to a Bloomberg report, that cited people familiar with the matter.

Posted on 23/08/2023

Analysis-From stocks to bitcoin, soaring US yields cast shadow over risk asset rally

REUTERS/Andrew Kelly/File Photo TOKYO (Reuters) - Japan will forgo intervening in the market unless the yen plunges past 150 to the dollar and becomes a huge political headache for premier... OSLO ...

Posted on 23/08/2023

Ripple’s legal battle and its ripple effect on the U.S. crypto investment climate.

Scherling, referencing a ruling from the Southern District of New York, highlighted the confusion surrounding token sales. He questioned the relevance of prolonging the Ripple lawsuit, which will ...

Posted on 23/08/2023

Crypto bull market won’t begin until Fed cuts interest rates: Grant Mitterlehner

MittGroup CEO Grant Mitterlehner discusses why investors are shifting away from risky asset classes like crypto on 'Cavuto: Coast to Coast.' ...

Posted on 23/08/2023

Arm files to go public on Nasdaq in biggest U.S. IPO in nearly two year

In what's expected to be the largest U.S. initial public offerings (IPO) in two years, Arm Ltd. filed for its IPO on the Nasdaq Inc. exchange Monday.

Posted on 23/08/2023

Tech company Arm’s IPO could be biggest of year, though competition is stiff

The initial public offering of Arm, an England-based chipmaker owned by Japan's SoftBank, could be the largest of the year, though its own filing shows risks are abundant.

Posted on 22/08/2023

Crypto has ‘amplified financial risks’ in emerging markets, central banks warn

But the central banks group said that crypto assets increased financial stability risks in emerging market economies, as a weaker rule of law could make it harder to enforce contracts, while ...

Posted on 22/08/2023

Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says

Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

Posted on 22/08/2023

Crypto Market Experiences Volatility as Fear Index Plummets to 34 but 3 Presale Gems Buck the Trend

The crypto market fear & greed index is dropping lower… But, THESE promising presales stand strong despite the bears.

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