Ethereum’s Pectra upgrade begins testing on Holesky testnet today, with Sepolia following on March 5, aiming for scalability and better validator incentives.Pectra increases Ethereum validator staking limits from 32 ETH to 2,048 ETH, attracting larger stakeholders and strengthening network security. Ethereum developers are rolling out a major network upgrade called Pectra, with initial testing started...
Montana’s House rejected Bill No. 429 to make Bitcoin a state reserve asset, with 41 votes in favor and 59 against.Many Republican lawmakers opposed the proposal, citing concerns over taxpayer funds and potential risks in adopting Bitcoin as a reserve asset. Montana is taking a different approach to Bitcoin as part of its financial strategy,...
DekaBank’s launch of institutional crypto services signals a growing acceptance of digital assets within traditional banking.Regulatory compliance, including BaFin and ECB oversight, strengthens investor confidence in DekaBank’s crypto expansion. Since 2021, Germany has allowed institutional funds to invest up to 20% of their holdings in crypto, marking a significant shift in the country’s financial regulations....
Crypto investment funds saw $508 million in outflows last week, marking a second consecutive week of losses, mainly driven by U.S. investors pulling back.Bitcoin led the decline with $571 million in outflows, while altcoins like XRP and Solana attracted fresh capital from investors. Crypto investment funds suffered last week, shedding $508 million in net outflows,...
JAKARTA - After foreign investors purchased 1.68 billion shares of PT GoTo Gojek Tokopedia Tbk (GOTO), with a net volume of 330.10 million shares, the companys shares topped the top buy list on Thursday, December 19. At 4.09 billion shares, these acquisitions accounted for about 40% of the overall foreign buy volume. In the meantime,...
JAKARTA – The Jakarta Composite Index (JCI) continued its six-day losing streak on Thursday (19/12), experiencing its steepest drop of 1.84%. At the close of trading on Thursday, the JCI settled at 6,977.24, down by 130.64 points from Wednesday’s (18/12) closing level. Total transaction value on the Indonesia Stock Exchange (BEI) amounted to IDR 14.13...
JAKARTA – The Indonesian Defense University (Unhan RI) has partnered with Wilo, a German company specializing in modern pump technology, to implement advanced pump systems in various sectors, including defense. Ashish Patil, Wilos Operational Manager for Southeast Asia, discussed the fundamental principles of pump systems and their applications across different sectors during a guest lecture...
JAKARTA. PT Raharja Energi Cepu Tbk (RATU), a holding company ofPT Rukun Raharja Tbk (RAJA), plan to debut on Indonesia Stock Exchange (IDX) by offering 543.01 million shares. According to the issued prospectus, 190.05 million shares issued in RATU’s initial public offering (IPO) are new shares taken out of its portfolio. However, the remaining 352.9...
JAKARTA -PT Cakra Buana Resources Energi Tbk (CBRE)will lease a unit of Bulk Carrier Supramax of 57,000 DWT to PT Sys Petrolindo Utama (SPU) with potential revenue of IDR 264.62 billion within the next 5 years. The price for this vessel charter is set to IDR 145 million per day for the next 5 days,...
Indian shares opened lower on Tuesday as caution crept in ahead of the Federal Reserves interest-rate decision on December 18. The benchmark S&P/BSE Sensex dropped 493 points, or 0.6 percent, to 81,255 in early trade while the broader NSE Nifty index was down 150 points, or 0.6 percent at 24,519. Among the prominent decliners, Bharti...