The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it\'s due for support on Friday. The global forecast is upbeat on an improving outlook for interest rates. The European...
A South Korean convenience store chain, Emart24, is teaming up with the popular cryptocurrency exchange Bithumb to offer Bitcoin Meal packs. These unique meal boxes will provide customers with an opportunity to win small amounts of Bitcoin, adding a crypto twist to their lunch break. Bitcoin Meal Packs Approximately 30,000 Bitcoin Meal packs will be...
Asian stocks ended mostly lower on Thursday, even as Chinese and Hong Kong markets advanced on the back of strong trade data. A cautious undertone prevailed as uncertainty over Fed rate cuts deepened, and fighting and bombardment continued on the outskirts of the southern Gaza city of Rafah. The dollar traded firm on hawkish Fed...
Grayscale, the company behind the world’s largest Bitcoin (BTC) ETF, saw flat revenues in Q1 despite non-stop outflows from its world-famous fund throughout the quarter. Per a shareholder letter from Grayscale’s parent company, Digital Currency Group (DCG), the Grayscale Bitcoin Trust (GBTC) netted $156 million between January and March – nearly identical to its Q4...
German stocks saw modest gains in cautious trade on Thursday ahead of the monetary policy announcement from the Bank of England (BoE) later in the day. The BoE\'s nine-member monetary policy committee is widely expected to keep the benchmark rate unchanged at 5.25 percent for the sixth consecutive meeting, with investors looking for clues on...
Bitcoin’s subtle rally to $61,425 signals a potentially stabilizing market. As Bitcoin ETFs like Grayscale and Bitwise see renewed inflows, totaling $11.54 million recently, optimism grows. Recent developments, such as the influx of institutional funds and economic cues affecting digital assets, are what fuel Bitcoin price predictions. Bitcoin ETFs See $11.54 Million Inflows: Grayscale and...
French stocks declined on Thursday as uncertainty over Fed rate cuts deepened and Israel forces pushed ahead with attacks on Rafah. Traders also awaited the outcome of a Bank of England policy meeting later in the day for further direction. The benchmark CAC 40 was down 12 points, or 0.2 percent, at 8,119 after climbing...
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024. In its first-quarter earnings report, the firm reported producing 2,811 Bitcoins during the first quarter of 2024, compared to 4,242 in the last quarter of 2023, a decline of 33.73%. Marathon Digital reported revenues...
Tether Operations Limited, the USDT stablecoin issuer, disclosed today its plans to expand its presence in Eastern Europe through further investment in CityPay.io. Tether Expands to Eastern Europe Through CityPay.io Tether Boosts Payment Solutions in Eastern Europe with Additional Investment in https://t.co/14g9wt7PCC ( @citypayio )https://t.co/WSL1GVRhzz — Tether (@Tether_to) May 8, 2024 On May 8, Tether...
U.K. stocks held steady on Thursday ahead of a policy meeting of the Bank of England (BoE) later in the day. The central bank is set to hold its policy rate flat for a sixth meeting in a row, with focus likely to be on the MPC vote split, inflation outlook and Governor Andrew Bailey\'s...