ALGO whales have significantly increased accumulation after a 45% drop, signaling potential recovery.If ALGO breaks the $0.315 resistance level, analysts predict a 50% rally toward $0.45. Over the past few days, ALGO has been consolidating within a narrow range but has now broken out, suggesting that bullish momentum may be building. A recent CNF update...
Qiao Wang shifted from Wall Street to crypto, co-founding Alliance DAO to support Web3 startups and advocate for decentralization.He sold his Ethereum holdings, citing Solana’s growing advantages, lower transaction costs, and developer-friendly ecosystem as key reasons for his decision. Qiao Wang is well-known in the cryptocurrency community. Long a force to be reckoned with as...
Bitcoin could hit $700K and Solana $1,800 amid massive liquidity injection, says Abra CEO Bill Barhydt.Lower interest rates, tax cuts, and institutional adoption may drive crypto prices to new all-time highs. Bitcoin could skyrocket to $700,000 this cycle, while Solana aims for $1,800, according to Abra CEO Bill Barhydt. The veteran crypto investor predicts a...
Individual investors own most of Bitcoin, while institutions and governments hold a small percentage.Institutional demand is rising as Bitcoin supply shrinks, and if OTC markets run out, prices could increase significantly. A recent analysis by Bitwise Asset Management reveals that individual investors control the majority of Bitcoin’s total supply, raising concerns about a potential supply...
Declining OTC reserves could push institutional buyers to exchanges, triggering potential Bitcoin price surges. Institutional demand and low OTC supply may lead to a FOMO rally, increasing Bitcoin’s market value. Despite large purchases from institutional investors and whales, Bitcoin’s price has remained relatively stagnant at around $100,000. The reason for this is the dynamics of Over-The-Counter...
Bitcoin funding rate on various centralised exchanges, including Binance and OKX, reaches Zero, signalling an upcoming rally. Bitcoin’s potential surge is also validated by the recent break out of Gold against the digital asset. Bitcoin (BTC) marginally bounces back into the $98k territory as its 30-day gains rise by 4%. However, its 24-hour trading volume takes...
Powell expresses concern over crypto debanking and signals a possible regulatory shift.Fed remains skeptical of stablecoins and firmly opposes issuing a U.S. CBDC. Federal Reserve Chairman Jerome Powell has voiced concerns over the increasing reports of ‘debanking’ in the crypto industry, stating that he is troubled by the trend and is taking steps to address...
JAKARTA. The Composite Stock Price Index (IHSG) in the first trading session today moved down 0.74% or 55.24 points to 7,409.51, from the opening position of 7,464.75. According to data compiled by .com, the decline in the JCI in the first trading session today was followed by the performance of sectoral indices entering the red...
JAKARTA - PT Remala Abadi Tbk (DATA) is aiming for revenue of IDR 412.91 billion in 2025 or a 10% increase from the 2024 revenue forecast of IDR 375.37 billion. In the DATA report quoted on Thursday (12/12), the issuers management projects an increase in revenue with a focus on increasing 100% in the retail...
JAKARTA -PT Elang Mahkota Teknologi Tbk (EMTK) increased its portion in PT Surya Citra Media Tbk (SCMA) to 61.32% in a transaction taking place yesterday (11/12). In the past week, the stock did show an upward trend. In the disclosure quoted Thursday (12/12), Titi Maria Rusli, Corporate Secretary of EMTK, confirmed that EMTK acquired 100...