CoinShares’ James Butterfill is confident Bitcoin price and valuation could capture 25% of gold’s capitalization.The digital currency might see a major reversal, but Bitcoin ETF will provide the needed cushion. James Butterfill, Head of Research at digital asset management CoinShares, made a bold prediction about Bitcoin (BTC). In a recent CNBC interview, Butterfill explained why...
BlackRock’s $56.41 billion crypto portfolio overwhelmingly favors Bitcoin and Ethereum, making up over 99% of its holdings.CEO Larry Fink’s focus on Bitcoin and Ethereum highlights limited institutional interest in altcoins, reflecting concentrated investor sentiment. BlackRock, the world’s largest asset manager, has doubled down on its belief that only Bitcoin and Ethereum are worth the cryptocurrency...
Swiss legislator Samuel Kullmann advocates for a referendum to include Bitcoin in the Swiss Constitution, gathering 100,000 signatures.Bern’s parliament approved a study to explore Bitcoin mining’s potential for stabilizing the local energy grid using surplus energy. Swiss legislator Samuel Kullmann has taken a major step toward incorporating Bitcoin into Switzerland’s legal framework, asking that it...
JAKARTA -PT Logindo Samuderamakmur Tbk (LEAD)will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each. This corporate action, carried out via a private placement, has been approved by its shareholders last week (14/11). Denny Haryanto, Corporate Secretary of LEAD, mentioned that the issued and paid-up capital will...
JAKARTA - PT Putra Adhi Prima (PAP), a subsidiary ofPT Agung Podomoro Land Tbk (APLN), has reportedly divested its assets in Ciawi, West Java, to PT Bangun Loka Indah (BLI) in order to boost its cashflow. Noer Indradjaja, Vice President Director of APLN, mentioned that the divested assets are Hotel Pullman Ciawi Vimala Hills Resort...
BANDUNG – Tempo, in collaboration with IDN Financials, has unveiled the list of the Top 51 Best Chief Executive Officers (CEOs) during the Top CEO Indonesia Awards 2024, held at the Pullman Bandung Grand Central in West Java, on Friday, November 15, 2024. This marks the second edition of the event, following the Top CEO...
BANDUNG – Irfan Setiaputra, CEO of PT Garuda Indonesia (Persero) Tbk (GIAA), has been awarded The Best CEO with a special mention for Inspirational Leadership in the Aviation Industry. The recognition was bestowed by Tempo and IDN Financials during the 2024 Top CEO Indonesia Awards, held at the Pullman Grand Central Bandung on Friday, November...
BANDUNG – Jahja Setiaadmadja, the CEO of PT Bank Central Asia Tbk (BCA), has received the prestigious The Best CEO with Special Mention: Enormous Support for National Stunting Reduction Program award at the Top CEO Indonesia Awards 2024, held in Bandung this Friday (15/11) by Tempo-IDNFinancials. Setiaadmadja earned this distinguished accolade thanks to BCAs firm...
European stocks are up in positive territory on Wednesday, recovering a bit after posting sharp losses in the previous session. Despite persisting concerns about Russia - Ukraine conflict, investors are picking up stocks, focusing on earnings and other corporate news, in addition to assessing the regional economic outlook. The pan European Stoxx 600 is up...
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange rose on Wednesday, amidst an easing in the tensions between Ukraine and Russia. The forty-scrip DAX index is currently trading 0.17 percent higher at 19,116.31, versus the previous close of 19,083.28. The days trading ranged between a...
