In key on-chain performance metrics, Solana has outperformed Bitcoin and Ethereum.Despite its performance thus far, Glassnode predicts more uptick to come. Solana (SOL), currently the sixth-largest cryptocurrency, has outperformed Bitcoin (BTC) and Ethereum (ETH) in key metrics. According to Glassnode, Solana has seen more price increases and trading volume than Bitcoin and Ethereum. Solana Leads...
Russia has banned crypto mining in 10 regions due to energy demands.Russia remains open to Bitcoin and crypto mining but with strict tax compliance conditions. The Russian government has approved crypto mining restrictions in a list of regions and territories. According to the local news agency TASS, crypto mining will remain restricted in 10 regions...
Bitcoin’s next market peak could align with macro trends, institutional adoption, and ETF interest.Technical indicators suggest the Bitcoin market cycle top might occur in early 2025 or late 2026. Lark Davis, a notable crypto analyst and content creator, recently gave his ideas on Bitcoin’s anticipated price swings in 2025 and beyond. Davis investigated several scenarios...
JAKARTA –PT MD Entertainment Tbk (FILM) is rebranding PT Net Visi Media Tbk (NETV) to PT MDTV Media Technologies Tbk (NETV), a major transformation after officially acquiring and controlling NETV. This name change was approved during Extraordinary General Meeting of Shareholders last week (7/11). In the information disclosure quoted Tuesday (12/11), Shinta Trisnawati Sutrisno, Corporate...
JAKARTA – The management of PT Garuda Indonesia (Persero) Tbk (GIAA)is projecting its performance to remain on track following performance optimisation initiatives nearing the end of 2024. The strategies include production increase through four additional aircrafts and global partnership with international airlines. Irfan Setiaputra, President Director of GIAA, mentioned that the company’s performance is projected...
JAKARTA -PT Vale Indonesia Tbk (INCO) and GEM Co Ltd, Beijing, China, have reportedly agreed upon a contract regarding investment in net-zero nickel production in Central Sulawesi. The contract signing took place during the bilateral business meeting between Indonesia and China, overseen by Indonesian President, Prabowo Subianto, himself. In the press release quoted Monday (11/11),...
JAKARTA – Slipped in September, PT Astra International Tbk (ASII) reported Astra car sales increasing 8.7% month-to-month (mtm) to 43,596 units from 40,096 units recorded last September. In October 2024, Toyota and Lexus’s sales increased to 27,211 units from 25,591 units, followed by Daihatsu’s sales from 12,676 units to 14,096. Then, Isuzu’s sales also skyrocketed...
JAKARTA - For those of you who have been trying to pursue your dreams, its time to take a break by giving appreciation to yourself as the Hero of Life! Dont worry, in the middle of the month, entering the beautiful date 11.11, wondr by BNI presents a series of interesting promos that can make...
European stocks declined on Friday as Federal Reserve Chair Jerome Powell signaled a cautious approach on rate cuts and mixed Chinese data stoked concerns about slowing demand in the country. Powell said the U.S. central bank does not need to rush to lower interest rates and can approach decisions carefully, given persistent inflationary pressures. Data...
A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November. The New York Fed said its general business conditions index skyrocketed to a positive 31.2 in November from a negative 11.9 in October, with a positive reading indicating...