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TheNewsCrypto

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XRP Investors Shift to Lightchain AI as Blockchain Innovation Accelerates

  • XRP investors are exploring alternatives like Lightchain AI as blockchain innovation accelerates.
  • XRP faces declining investor confidence due to regulatory issues and limited scope.
  • Lightchain AI offers industry-specific solutions and a versatile blockchain platform.
  • Lightchain AI's presale presents a strategic opportunity for investors seeking innovative blockchain solutions.

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HinduBusinessLine

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Senores Pharma IPO: Allotment status, GMP, likely listing price and date 

  • The Senores Pharma IPO received bids for 79.72 crore shares against 85.34 lakh shares on offer.
  • Qualified institutional buyers subscribed 94.66 times, non-institutional investors subscribed 96.11 times, retail portion subscribed 89.23 times, and employee quota subscribed 19.92 times.
  • The grey market premium (GMP) for Senores Pharma IPO is ₹230, suggesting a potential listing gain of around 59% over the issue price of ₹391.
  • Senores Pharma shares are tentatively scheduled to list on BSE and NSE on December 30.

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Coinpedia

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Top 3 Altcoins Under $1 with High Growth Potential to Surpass XRP

  • This article highlights three altcoins priced under one dollar that have high growth potential and could surpass XRP.
  • XYZVerse (XYZ) is a meme coin with significant momentum and aims for a staggering 9,900% growth. It combines sports thrill and meme culture in a community-centered ecosystem.
  • JasmyCoin (JASMY) is developed by Jasmy Corporation and focuses on combining IoT technology with blockchain to secure user data and restore individual data sovereignty.
  • Kaspa (KAS) utilizes the GHOSTDAG protocol, enabling high block rates and scalability. It aims to provide advanced proof-of-work features and may attract interest in the current market cycle.

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Bloomberg Quint

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Listing Day Gains Around The Corner — What GMP Of Mamata Machinery, DAM Capital And More Indicates

  • The grey market premiums of Mamata Machinery and DAM Capital Advisors have cooled off, while Concord Enviro Systems has seen a notable rise.
  • Mamata Machinery's IPO is expected to list at a 104% premium over its IPO price.
  • DAM Capital Advisors' IPO may see a potential listing day gain of 54.77%.
  • Concord Enviro Systems' IPO may result in a potential gain of 19.12% for the share allottees.

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Coinpedia

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Forget PEPE And BONK—This Solana Coin Is Outpacing The Meme Competition for 2025

  • A new meme cryptocurrency on the Solana network is gaining traction and surpassing PEPE and BONK.
  • DOGEN, the token for alpha males, is experiencing rapid growth and could lead the pack by 2025.
  • DOGEN offers potential thousand-fold returns, real value, and exclusive perks for early adopters.
  • PEPE is a tribute to the Pepe the Frog meme, while BONK strengthens Solana's community.

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HinduBusinessLine

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Ventive Hospitality IPO: Allotment status, GMP, likely listing price and date

  • Non-Institutional Investors showed the strongest interest with 13.87 times subscription, followed by Qualified Institutional Buyers at 9.08 times and Retail Individual Investors at 5.94 times.
  • The grey market indicates a premium of ₹72 over the upper price band of ₹643, suggesting a potential listing price of ₹715. However, grey market premiums are speculative and should not be relied upon as an accurate predictor of listing performance.
  • The company’s shares are expected tentatively to debut on the BSE and NSE on December 30, 2024.
  • Investors can check their allotment status through the BSE website by providing their application number and PAN card details.

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Bloomberg Quint

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Bitcoin Gains On MicroStrategy’s Plans To Issue More Shares

  • Bitcoin rose on Thursday after MicroStrategy announced plans to issue more shares, allowing it to buy more tokens.
  • MicroStrategy Inc. is seeking permission to increase the number of authorized shares, providing more firepower to accumulate Bitcoin.
  • Bitcoin has risen 135% this year, outperforming traditional investments like stocks and gold.
  • Traders caution that markets could become volatile due to large expiries of open interest in Bitcoin and Ether derivatives.

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TheNewsCrypto

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Ethereum Killer? This DeFi Altcoin Is Gaining Ground With Analysts Predicting Huge Surge by 2025

  • The latest movements on the Ethereum charts are not encouraging, as the token has under-delivered and experienced a recent dip.
  • A new DeFi altcoin, FXGuys ($FXG), is gaining momentum and is predicted to have a 100x surge by 2025.
  • FXGuys aims to revolutionize DeFi through its Trader Funding Program and features like Trade2Earn, offering potential gains to traders and investors.
  • The $FXG presale has already raised over $3 million and is in Stage 2, with anticipation building for its launch.

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HinduBusinessLine

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India sets sights on commuter aircraft development with new SPV initiative

  • India is setting its sights on developing commuter aircraft with the creation of a new Special Purpose Vehicle (SPV) initiative.
  • The SPV will be established under the Companies Act and aims to assemble a team of experts from the public and private sectors to oversee the project.
  • The initiative is part of the Bhartiya Vayuyan Adhiniyam, 2024, which provides regulations for aircraft design and manufacturing.
  • The SPV will have a tenure of five years and will focus on developing a commuter aircraft with a range of 600-700 km to support regional airlines and the growth of the aviation manufacturing sector.

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Bloomberg Quint

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NTPC Green Energy Shares Tumble With Anchor Sell-Off After First Lock-In Expiry

  • NTPC Green Energy shares tumbled after anchor investors sold off their stake following the first lock-in period expiry.
  • NTPC Green allotted 4.35% of equity to anchor investors, with half of them coming out of the lock-in period.
  • The renewable energy arm of NTPC Ltd. raised Rs 3,960 crore from 107 anchor investors a day before its IPO opened for bidding.
  • NTPC Green plans to utilize 75% of the IPO proceeds for debt repayment.

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Bloomberg Quint

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IRCTC Stock Slides As Platform Faces Ticket Booking Outage

  • The Indian Railway Catering and Tourism Corporation Ltd. faced a technical outage, causing inconvenience to passengers trying to book tickets.
  • The stock of IRCTC was down by 1.25% due to the outage, which primarily affected Tatkal ticket bookings.
  • Passengers expressed frustration on social media platforms, urging IRCTC to improve its infrastructure.
  • The outage raised concerns among passengers and investors about the reliability of the IRCTC platform.

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Coinpedia

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SHIB and DOGE: Which Meme Coin Will Dominate the Market in 2025?

  • Shiba Inu (SHIB) and Dogecoin (DOGE) have dominated the meme coin market in 2024, but a new contender, 1Fuel (OFT), is gaining momentum in the DeFi space.
  • Shiba Inu distinguishes itself with its ecosystem, including ShibaSwap decentralized exchange and token burning for deflationary purposes.
  • Dogecoin, the original meme coin, has gained popularity for microtransactions and tipping systems, but its future trajectory is uncertain.
  • 1Fuel is emerging as a strong utility token with practical applications in DeFi and is becoming a top choice for long-term investments.

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HinduBusinessLine

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Bank Nifty Prediction Today – December 26, 2024: Outlook is unclear. Stay out of the market

  • Bank Nifty index spiked to a high of 51,740 in the opening trades but failed to sustain.
  • The outlook for Bank Nifty is mixed for the day with key support at 51,000 and resistance at 51,500.
  • The Bank Nifty January Futures is currently trading at 51,645, down 0.14 per cent.
  • Traders are advised to stay out of the market as the outlook is unclear.

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Cryptoadventure

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SockCoin Announces Memecoin Listing on January 2 and Successful Solidproof Audit & KYC

  • SockCoin, an AI-powered memecoin, has announced several important developments.
  • The project will be listed on P2B and DEXTools on January 2, 2025.
  • SockCoin has successfully completed a Solidproof audit and KYC verification.
  • The project aims to build a decentralized ecosystem with staking, farming, and airdrops.

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Bloomberg Quint

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Metropolitan Stock Exchange Gains Attention — All You Need To Know

  • The Metropolitan Stock Exchange of India (MSEI) is raising Rs 238 crore through a fresh equity issuance from big players including Groww’s parent company, Zerodha’s Kamath brothers Fund Rainmatter, Share India Securities Ltd, and Securocorp Securities India Private Limited.
  • MSEI is recognised by the Securities and Exchange Board of India (SEBI) as a stock exchange and offers trading platforms across various segments.
  • Share Capital has announced an investment of Rs 59.5 crore in MSEI, acquiring a 4.958% stake, valuing MSEI at around Rs 1,200 crore.
  • Despite having notable investors, MSEI has struggled to make a mark in the stock exchange market dominated by the National Stock Exchange.

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