The stablecoin market has surged 90% since late 2023, with Ethereum and Tron hitting record circulation highs.Emerging stablecoin issuers now offer utility tokens, letting retail investors share in platform growth and governance. The stablecoin market, after slowly building up for a while, has suddenly taken off significantly. Since the end of 2023, its total value...
The Government Public Ethics Committee in South Korea has revealed that 411 out of 2,047 public officials are holding virtual assets worth a total of 14.41 billion won.Seoul City Council Member Kim Hye-young is the largest holder, with assets totaling 1.7 billion won, including 519,004 XRP worth $1.2 million. The Government Public Ethics Committee has...
Cardano Leios is coming, a scaling solution exclusive to the ecosystem.The community is excited about its rollout because it has the potential to solve scalability, security, and decentralization problems. Leading Proof-of-Stake blockchain Cardano is set for a major update with the introduction of Leios. This new protocol is developed to solve scalability, security, and decentralization...
During Donald Trump’s inauguration on January 20, Bitcoin surged to an all-time high of $109,000 but has since retreated, dropping to $87,816 amid market volatility.While the bulls anticipate BTC to break through $100,000 and push toward $150,000, bearish analysts estimate a 29% chance of reaching $150,000. After reaching an all-time high of $109,000 in January...
GameStop surged 12% after-hours as it announced plans to invest cash and future debt into Bitcoin.Despite a 28% revenue drop in Q4, investor enthusiasm remained strong due to GameStop’s bold crypto strategy shift. GameStop made a bold turn Tuesday, jumping 12% in after-hours trading. The surprise rally came after the company said it would start...
A mining company is reported to be tapping into an excess hydroelectric power in a remote region of Zambia to mine Bitcoin.The company is working in partnership with a local hydropower plant, which was established to provide power to 15,000 people. One of the strangest Bitcoin mining operations has been uncovered in a remote northwest...
Michael Saylor sees Bitcoin as the backbone of a new financial order, predicting it will hit $100 trillion.He urges the U.S. to build a Strategic Bitcoin Reserve, calling it protection against inflation and economic instability. Michael Saylor, executive chairman of Strategy, has once again reignited the conversation around Bitcoin’s massive potential. Saylor believes Bitcoin isn’t...
JAKARTA – PT Raja Roti Cemerlang Tbk (BRRC) has announced plans for its first export of bread crumb products to Australia. The company’s President Director, Ari Sudarsono, confirmed that BRRC has already secured a business partner in Perth, Australia, to execute the initial export. “We have an immediate export opportunity to Australia, specifically to Perth,...
JAKARTA – Indonesias foreign exchange reserves grew by 3.66% in December 2024 to USD 155.7 billion compared to USD 150.2 billion in November 2024. Ramdan Denny Prakoso, Executive Director of Communication Department of Bank Indonesia (BI), explained that the increase in reserves was driven by tax and service revenue, government foreign loan withdrawals, as well...
JAKARTA – PT Hero Global Investment Tbk (HGII) is targeting a threefold increase in revenue and net profit in 2025. Hugo Feber Parluhutan Silalahi, HGIIs Finance Director, stated in a post-IPO press conference on Thursday (9/1) that the company aims for revenue of IDR 95 billion and a net profit of IDR 35 billion in...