Learn about the crackdown on crypto-facilitated crime and its implications for the cryptocurrency industry In a significant crackdown on global money laundering and cybercrime, the U.S. Department of Justice (DOJ) announced on Thursday that it had seized multiple domains tied to three cryptocurrency exchanges. These exchanges, which were allegedly involved in over $800 million in illicit transactions, are accused of facilitating money laundering activities connected to Russian cybercriminals. The enforcement action comes as part of an ongoing effort by U.S. authorities to combat the use of cryptocurrencies in criminal operations, particularly those tied to ransomware, fraud, and darknet drug trafficking.…

Indian Equity Markets Open Flat; IT Stocks Shine as Financials Lag Stock Market Update: Indian equity markets opened flat on Friday after a record-breaking session the previous day. At 10 AM, the BSE Sensex stood at 84,940, gaining 104 points (0.12%). The Nifty 50 was at 26,262, rising 46 points (0.18%). However, more than half of the stocks on the BSE Sensex were in the red. Power Grid Corp, Larsen & Toubro, Bharti Airtel, Hindustan Unilever, and Bajaj Finserv led the losers. On the flip side, Sun Pharma, Infosys, Tech Mahindra, HCLTech, and Tata Steel emerged as gainers, reported by…

Discover which stocks gained the most and why they’re positioned for continued success September 26, 2024, was an eventful day in the stock market, with several stocks showing impressive performance across various sectors. Investors saw significant gains in industries ranging from finance and engineering to healthcare and consumer goods. This article takes a detailed look at the best-performing stocks on that day, highlighting their price movements, the percentage gains, and the sectors they belong to. Here are the top performers that stood out on September 26, 2024. 1. 360 ONE WAM (Finance – Others) Price: ₹1,098.05 Gain: ₹63.65 Percentage Change:…

PayPal expands cryptocurrency capabilities for U.S. merchants, allowing them to buy, hold, and sell crypto PayPal Holdings, Inc. (NASDAQ: PYPL) has announced a major update for its U.S. business customers. Merchants can now buy, hold, and sell cryptocurrency directly from their PayPal business accounts. This new feature builds on PayPal’s commitment to expanding cryptocurrency utility, now reaching millions of U.S. merchants. However, the service is not yet available in New York State. Jose Fernandez da Ponte, PayPal’s Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, emphasized the demand from business owners for crypto services. “Since launching crypto capabilities for…

Sensex and Nifty Post Gains; Maruti Suzuki Soars 3%, Hero MotoCorp Slides The Indian stock market saw mixed activity on September 26, 2024, as indices like FMCG and IT were among the few gainers while most other sectors ended in the red. Notably, the Sensex gained 0.25%, closing at 85,382.08, while the Nifty 50 rose by 0.22% to 26,060.30. The Nifty Bank was also marginally up by 0.09% at 54,148.85. Major Gainers and Losers Maruti Suzuki led the gainers with a strong 3.00% rise, closing at ₹13,169.00. The company benefited from growing optimism about its new electric vehicle models and…

Discover top cryptocurrencies like Sui, Nervos Network, Bittensor, and Fantom The cryptocurrency market is known for its volatility, but it also presents opportunities for significant returns. As of today, several cryptocurrencies have shown remarkable growth over the past month, making them attractive options for investors looking to capitalize on upward trends. Whether you’re a seasoned trader or a new investor, understanding the top-performing cryptocurrencies can help you make informed investment decisions. In this detailed article, we’ll highlight the top 10 gainers in the cryptocurrency market, focusing on their price growth, 30-day performance, and market dynamics that contribute to their success.…

Learn about industry leaders like Reliance, TCS, HDFC Bank, Bharti Airtel, and more Market capitalization (market cap) serves as a critical indicator of a company’s overall value. It represents the total value of a company’s outstanding shares and is an essential metric for investors and market analysts. India, being one of the fastest-growing economies, hosts several large corporations that command significant influence both domestically and internationally. In this article, we will explore India’s top 10 companies by market capitalization in 2024. These companies, spanning diverse industries such as technology, telecommunications, finance, and consumer goods, have not only shaped the Indian…

Sensex and Nifty Trade Flat Amid Global Cues, Metal and Energy Stocks Lead Gains The Indian stock market, Sensex and Nifty, saw a more subdued session on September 25, 2024, after hitting record highs in the last four trading sessions. Both indices traded flat, with the Nifty 50 hovering below the 25,950 mark and the Sensex moving close to its all-time highs before showing signs of slowing down. Global mixed cues and investor caution ahead of key macroeconomic announcements contributed to the flat trading activity. Key Market Indicators Sensex: 84,900 (flat, near day’s low) Nifty 50: 25,939.5 (-0.05%) Despite the…

SIPs offer a disciplined and consistent way to invest in mutual funds Investing can be a daunting task, especially if you are new to it. With so many options available, it’s easy to feel overwhelmed. One investment method that has gained popularity in recent years is the Systematic Investment Plan (SIP). SIPs offer a disciplined and consistent way to invest in mutual funds. But is it the right choice for you? In this article, we will break down the details of SIPs, how they work, and what you should consider before investing. What is a SIP? A Systematic Investment Plan…

Deciding whether to invest in crypto or stocks is a complex decision that depends on various factors The debate between investing in cryptocurrency or stocks has become increasingly relevant in today’s financial landscape. Both asset classes have drawn significant attention, particularly as people explore various investment opportunities to diversify their portfolios. While cryptocurrencies represent a relatively new frontier in the financial world, stocks have long been a cornerstone of traditional investing. Deciding whether to invest in crypto or stocks is a complex decision that depends on various factors, including risk tolerance, investment goals, and market knowledge. In this detailed article,…