The total number of building approvals issued in September was up a seasonally adjusted 4.4 percent on month, the Australian Bureau of Statistics said on Friday - coming in at 14,842. That was in line with expectations following the 3.9 percent drop in August. On a yearly basis, overall approvals climbed 6.8 percent. Private sector...
The China stock market on Wednesday ended the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just beneath the 3,385-point plateau although its expected to bounce higher again on Thursday. The global forecast for the Asian markets is upbeat following a clear result...
The Hong Kong stock market on Wednesday snapped the three-day winning streak in which it had surged almost 700 points or 3.4 percent. The Hang Seng Index now sits just above the 20,530-point plateau and its got a positive lead again for Thursdays trade. The global forecast for the Asian markets is upbeat following a...
The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,380-point plateau although its likely to see renewed support on Thursday. The global forecast for the Asian markets is...
The Thai stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,465-point plateau although its expected to rebound on Thursday. The global forecast for the Asian markets is...
An analyst tags XRP as the “banker-themed meme-coin” while labeling Chainlink (LINK) as the real “bank coin.”He also questioned the relevance of XRP as a bridge currency in cross-border payment with the existence of stablecoins and Central Bank Digital Currencies (CBDCs). Chainlink (LINK) embarks on a significant rally from $18 on December 2 to $25...
The US Federal Reserve has ruled that states can issue alternative currencies.Though gold and silver-backed currencies are recognized, Bitcoin may also gain entry in the future. The US Supreme Court recently permitted 40 states to issue gold—and silver-backed currencies. This move could usher the US crypto economy in a new direction and raise the possibility...
Public Bitcoin miners raised $5B in 2024 and spent $3.6B on hardware and infrastructure development.Marathon Digital leads public miners’ BTC holdings while diversifying into AI amid rising mining challenges. Public bitcoin mining companies made substantial financial movements in 2024, demonstrating both ambition and adaptability. By means of equity and loan funding, these companies raised around...
TON Teleport BTC connects Bitcoin and TON networks securely through a trustless system, enhancing cross-chain interoperability.Travala’s integration with TON boosts blockchain adoption across 230 countries and strengthens TON’s Web3 ecosystem. The TON Teleport BTC white paper introduces a ground-breaking approach for smoothly linking the Bitcoin and TON ecosystems. The paper goes over its basic ideas,...
Bitcoin’s potential surge to $100K is supported by factors like institutional inflows, economic uncertainty, and growing miner confidence.Global economic conditions, particularly in countries like France and Russia, are enhancing Bitcoin’s appeal as a safe-haven asset. Bitcoin regained the $95,000 mark on November 26, following a brief dip below $91,000. This 5% rally over two days...