Bitcoin’s price drop has sparked debate, but CryptoQuant CEO Ki Young Ju sees a historic rally ahead, hinging on institutional demand and ETF activity.Robert Kiyosaki views Bitcoin’s dip as a buying opportunity, rejecting fiat currency while market uncertainty tests short-term holders’ resolve. Bitcoin (BTC) recent price drop has fueled speculation that the bull market may...
Texas leads the charge in state-level Bitcoin adoption, with SB-21 advancing to the Senate floor.If passed, the bill could set a precedent, encouraging other states to invest in Bitcoin reserves. After Texas Representative Giovanni Capriglione introduced a bill on December 12, as reported by CNF, it aimed to establish a Strategic Bitcoin Reserve. In a...
Saylor pushes for Bitcoin integration in U.S. financial policy, presenting a structured Digital Assets Framework.His proposal for a Strategic Bitcoin Reserve could reshape national treasury strategies and financial stability. House Financial Services Committee met with Michael Saylor, co-founder and executive chairman of MicroStrategy, to discuss strategic approaches to digital asset integration. Previously, CNF reported that...
Metaplanet issued 2 billion yen in bonds to acquire more Bitcoin, reinforcing its commitment to digital asset accumulation.The company previously used stock options and bonds to expand its Bitcoin holdings, showing a long-term focus on crypto investment. Metaplanet Inc., a Japanese investment firm, recently announced the issuing of a zero-interest bond worth 2 billion yen...
JAKARTA. PT Raja Roti Cemerlang Tbk (BRRC), a flour producer for bread production, will hold an Initial Public Offering (IPO). The number of BRRC shares to be offered in the IPO is 291.5 million shares or the equivalent of 30.01% of the total issued and paid-up capital. Each share has a nominal value of IDR...
JAKARTA - On Friday, December 20, the net foreign list began with foreign sell volume totaling 4.10 billion shares. However, the foreign buy volume was only 3.63 billion shares. As a result, net foreign volume dropped to -474.04 million shares. The sale of 1.78 billion shares of the digital corporation PT GoTo Gojek Tokopedia Tbk...
JAKARTA - The Composite Stock Price Index (JCI) in todays trading closed in the green zone, up 0.39% or 6.63 points to 6,983.87. Previously, JCI had closed lower for 6 consecutive days since Thursday (12/12) last week. According to .com data, JCI had touched its highest point at 7,032.4 at around 15.00 WIB. Meanwhile, the...
JAKARTA – The Jakarta Composite Index (JCI) continued its downward trend, dropping by 0.7% or 49.86 points to close at 7,107.88 today, extending the decline that has persisted for the past four trading sessions. At the end of today’s (18/12) session, JCI was at its lowest point since the market opened. In the first session,...
JAKARTA – Despite PT Merdeka Copper Gold Tbk (MDKA) achieving revenue growth of 42.5% year-on-year (yoy) up to September 2024, its losses have widened significantly. According to the financial report released, MDKAs revenue for the first nine months (9M) of 2024 reached USD 1.67 billion, a substantial increase from USD 1.17 billion in the same...
The Commerce Department released a report on Thursday showing the pace of U.S. economic growth unexpectedly surged by more than previously estimated in the third quarter. The report said gross domestic product shot up by 3.1 percent in the third quarter, reflecting an upward revision from the 2.8 percent jump previously reported. Economists had expected...