Author: TheSpuzz Desk

Renowned crypto analyst Willy Woo has recently delved into the future of Bitcoin, providing an analysis that explores the asset’s investment viability against traditional assets like gold and the US dollar. With over a decade of experience in the market, Woo’s insights offer a dive into the possibilities for the world’s largest cryptocurrency. Exploring Bitcoin’s Potential Valuations Examining the risk/reward ratio of BTC investment, Woo presents an optimistic outlook, suggesting that Bitcoin holds a significant chance of outperforming gold. His analysis outlines three scenarios for Bitcoin’s future valuation: achieving “hyperbitcoinization” with a coin value of $4.8 million, matching the US…

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Best FD rate: North East Small Finance Bank (NESFB) has introduced upgraded fixed deposit (FD) schemes with attractive rates. These schemes offer rates of up to 8.50% for the general public and an impressive 9.25% for senior citizens. “NESFB is committed to creating value and enhancing the financial well-being of our customers. Our new fixed deposit rates, alongside our wide range of financial solutions, underscore our commitment to excellence, innovation, and customer-centricity. As we continue to grow and evolve, our focus remains on serving our community and positively transforming the financial landscape.” – Satish Kumar Kalra, MD & CEO, North…

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Stock market updates on March 19, 2024: Benchmark indices are likely to start Tuesday’s trading session on a tepid note amid mixed cues from the overseas peers.  At 07:10 am, Gift Nifty futures quoted at 22,065, hinting at a 50-odd point gap down on the NSE benchmark Nifty 50. That apart, Popular Vehicles and Services will debut on the bourses today. The company had issued shares at Rs 295 apiece, and the IPO was subscribed 1.2 times.Global cues In Asia this morning, Nikkei and Hang Seng slipped 0.7 per cent each. Kospi declined 1.3 per cent, whle…

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USCIS will begin accepting online filing of the forms for H-1B cap petitions on April 1. Washington: The initial registration period for the most sought-after H-1B visas for foreign guest workers for fiscal 2025 closes at 12 noon Eastern Time on March 22, a federal agency has said. During this period, prospective petitioners and legal representatives must use an online account of US Citizenship and Immigration Services to register each beneficiary electronically for the selection process and pay the associated registration fee for each beneficiary, US Citizenship and Immigration Services said on Monday. Online account users will also be able…

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Over the past five days, Bitcoin (BTC), the leading cryptocurrency, has experienced a period of heightened volatility, triggering significant liquidations of leveraged positions as its price fluctuated wildly in hours.  After reaching an all-time high of $73,750 on Thursday, BTC experienced a sharp decline to $64,600 on Sunday. On Monday, at the start of the trading week, the cryptocurrency recaptured the $68,000 level. Nonetheless, it retraced over 2% shortly after, settling around the $66,800 mark. Amidst this turbulent market activity, Binance Chief Executive Officer Richard Teng, as reported by Bloomberg, believes that Bitcoin’s record-breaking rally will persist, propelling its price…

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Eight civilians were killed Monday in “reckless” air strikes by Pakistan’s military in the border regions of Afghanistan, prompting Afghan forces to retaliate against Pakistani military outposts, Taliban officials said. Border tensions between the two countries have steadily escalated since the Taliban government seized power in 2021, with Islamabad claiming militant groups are carrying out regular attacks from Afghanistan. Taliban spokesman Zabihullah Mujahid said Pakistani aircraft “bombed civilian homes” in Khost and Paktika provinces near the border with Pakistan at around 3:00 am (2230 GMT Sunday), adding that all of the dead were women and children. Afghanistan’s defence ministry said…

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Join leaders in Boston on March 27 for an exclusive night of networking, insights, and conversation. Request an invite here. Stability AI is growing its generative AI model portfolio today with the release of Stable Video 3D (SV3D). As the name implies, the new model is a gen AI video tool for rendering 3D video. Stability AI has been developing video capabilities with its Stable Video technology that enables users to generate short video from an image or text prompt. SV3D builds upon Stability AI’s previous Stable Video Diffusion model, adapting it for the task of novel view synthesis and…

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New York: In a fresh appeal court filing on Monday, the attorneys for former President Donald Trump stated that he is having “insurmountable difficulties” getting a bond to pay the USD 464 million civil fraud case, ABC News reported. Because of the magnitude of the judgment, he would have to use real estate as security. In February, Judge Arthur Engoron found Trump guilty of conducting a decade’s worth of business using false financial statements that exaggerated his real estate assets and inflated his fortune, and he sentenced him to pay USD 464 million in disgorgement and interest. A three-year ban…

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