Bitcoin is expected to stage a historic run to an unprecedented level once it makes a decisive surge above the $106k resistance level. Another analyst also estimates Bitcoin to decline to $92k, predicting the excitement around the US presidential inauguration to fade. Bitcoin’s (BTC) dominance increases to 57.42% after significantly surging to reach a daily high...
Utah proposes a bill to invest up to 10% of state funds in Bitcoin and stablecoins.The legislation includes provisions for staking, lending, and protecting self-custody rights. Utah is proposing a groundbreaking proposal to add cryptocurrency to its state investment approach. The “Blockchain and Digital Innovation Amendments” bill created by state representative Jordan Teuscher gives the...
Larry Fink predicts Bitcoin could reach $700,000, emphasizing its role as a hedge against economic instability and currency debasement.BlackRock’s crypto ETFs reflect the growing acceptance of Bitcoin and Ethereum within traditional finance, marking a shift in institutional sentiment. In a recent discussion at the World Economic Forum in Davos, BlackRock CEO Larry Fink shared his...
A groundbreaking collaboration between Chainlink and BOB Network has been sealed to significantly improve the capability of the latter while expanding its reach. According to BOB, Chainlink’s CCIP was chosen due to its provision of battle-tested features, including Programmable Token Transfers and Arbitrary Messaging. BOB Network has announced a strategic partnership with Chainlink (LINK) to integrate...
Goldman Sachs’ CEO labels Bitcoin as a speculative asset and claims Bitcoin’s growth cannot threaten the US Dollar dominance. Meanwhile, Goldman Sachs holds $718 million in eight crypto ETFs, according to a document filed with the US Securities and Exchange Commission (SEC). Goldman Sachs’ Chief Executive Officer (CEO) reiterated his long-standing position on Bitcoin and claims...
JAKARTA. Foreign investors began to mass-collect several stocks of companies from various sectors, from energy to property, earlier this week (2/12). According to IDNFinancials data, PT Astrindo Nusantara Infrastruktur Tbk (BIPI) arrived at the first place of Top 5 Foreign Net Buy. Foreign investors were seen colleting these shares, recording foreign net buy of 278.92...
Sumber Alfaria Trijaya Tbk (AMRT) attracts investors again after being listed under Top Leaders of IHSG last Monday (2/12). Seen at yesterday’s (2/12) session, the Alfamart management saw 0.7% or 20-point climb to IDR 2,870 per share, boosting IHSG by 0.90 points. Based on the data compiled by IDNFinancials, AMRT peaked at IDR 2,900 yesterday,...
JAKARTA. PT Delta Giri Wacana Tbk (DGWG) will finally put its initial public offering (IPO) plan in motion by issuing 1.66 billion shares after having it mapped out since mid-last year. In the issued prospectus, this fertiliser and agrochemical wholesale trading company is said to set the IPO price within the range of IDR 420...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI continues to strive to be closer and become the main choice for loyal merchant partners in making transactions. Together with Jaringan Prima, BNI held the BNI Wonderful Movie Day 2024 event on Tuesday, November 26, 2024, at XXI Senayan City, Jakarta, as a form of...
The private sector in Singapore continued to expand in November, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a PMI score of 53.9. Thats down from 55.5 in October, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Promotional efforts and rising client...
