Singapore will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, overall inflation was down 0.3 percent on month and up 1.4 percent on year, while core CPI rose an annual 2.1 percent. Taiwan will see November figures for industrial production and unemployment; in October, industrial...
Crypto regulation is advancing in New York as a Bill to protect users emerges.At the Federal level, the US SEC is also pushing for investor protection with a new cyber unit. Lawmakers in New York state are reviewing a proposed bill to fight crypto scams and rug-pull attacks. This Bill comes amid increasing efforts to...
VeChain’s role in the supply chain was spotlighted in a recent academic journal.From fashion goods to pharmaceuticals, VeChain is transforming the supply chain market. VeChain (VET) continues to push boundaries in Web3 and traditional ecosystems. The platform was recently mentioned in a journal article, “Blockchain in Global Trade.” This recognition further strengthens the VeChain network...
Fink remains optimistic despite volatility, advising investors to “buy the dip” amid geopolitical tensions.BlackRock’s strategic investments highlight confidence in long-term growth, particularly in AI and infrastructure. BlackRock CEO Larry Fink has advised investors to “buy the dip” if a significant market downturn occurs in 2025, as CNF reported. Despite economic turbulence, Fink remains optimistic about...
Belarus is leveraging excess nuclear energy to expand crypto mining and attract international miners.Favorable tax policies and growing mining investments could strengthen Belarus’s role in the global crypto ecosystem. Belarus is positioning itself as a key hub for cryptocurrency mining, leveraging its surplus electricity to attract local and international miners. In 2021, CNF reported that...
El Salvador’s President Nayib Bukele has reaffirmed his commitment to Bitcoin, declaring in a recent X post that the country has no intention of stopping its Bitcoin purchases.This comes after the nation secured a $1.4 billion deal with the IMF, an organization that has long expressed concerns over the risks associated with cryptocurrency. Despite mounting...
Bitcoin’s limited supply could trigger a supply shock as wealthy investors rush to accumulate BTC.Growing institutional demand may drive BTC prices higher, reinforcing its status as a scarce digital asset. According to a recent analysis by BlackRock, the world’s largest asset manager, a potential supply crisis looms over Bitcoin (BTC). The firm emphasized that Bitcoin’s...
Bitcoin’s sharp 12% drop to $83,600 in 48 hours triggered a 35% trading volume surge, signaling heightened market activity.Despite short-term losses, institutional holdings rose to $48 billion, reinforcing confidence in Bitcoin’s long-term value and stability. Bitcoin has seen a sharp decline, dropping from $95,000 to $83,600 in just 48 hours—a staggering 12% loss on Tuesday....
An analyst has compiled a list of tokens that could record massive gains apart from Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), and Solana (SOL). According to him, Avalanche (AVAX) could grab headlines as it ticks all the boxes “for all the positive price determining factors.” The impact of US President Donald Trump on the crypto...
Ricardo Salinas allocates 70% of his portfolio to Bitcoin, signaling strong confidence in BTC over traditional assets.Growing billionaire and institutional interest could drive Bitcoin’s long-term adoption and mainstream financial integration. According to a Bloomberg report, Mexican billionaire Ricardo Salinas, with a net worth of $5.8 billion, has made a bold financial move by allocating 70%...