Bitcoin has surpassed Saudi Aramco in market capitalization and is now the seventh-largest asset.Samson Mow highlighted past doubt about Bitcoin’s growth, but its recent surge past $100,000 proved critics wrong. In his latest tweet, Bitcoin supporter and the CEO of the JAN3 project, Samson Mow, pointed out that Bitcoin recently hit another achievement, its market...
Babylon dominated Bitcoin DeFi in 2024, accounting for 80% of its $6.5B TVL with innovative Bitcoin-native staking solutions.Babylon introduced Bitcoin staking on PoS networks, enabling secure participation without intermediaries or bridging mechanisms. Bitcoin DeFi had tremendous growth in 2024, with Total Value Locked (TVL) soaring from $307 million to an astonishing $6.5 billion by 2024’s...
Over half of Americans (52%) now prefer Bitcoin to stocks and gold, with 68% holding some form of crypto.Gen Z starts investing in Bitcoin at 22, Millennials at 29, and 60% of crypto holders plan to invest more by 2025. A recent survey finds that Americans’ investing tastes are shifting, with 52% now preferring Bitcoin...
JAKARTA - PT Unilever Indonesia Tbk (UNVR) will sell its ice cream business line to PT The Magnum Ice Cream Indonesia worth IDR 7 trillion. The signing of this business transfer agreement took place last week (22/11). Padwestiana Kristanti, Corporate Secretary of UNVR said that the company and The Magnum are affiliated under the ownership...
JAKARTA – PT Waskita Karya (Persero) Tbk (WSKT) recorded new contract values (NKB) of only IDR 6.8 trillion by the end of October 2024 (10M), still far from its annual target of IDR 14.5 trillion. Despite this, management remains optimistic about achieving the target by December 2024. There have been tender announcements postponed to November...
JAKARTA - More than 5.91 billion shares of PT Bank Sinarmas Tbk (BSIM) were added to the investors portfolio of PT Sinar Mas Multiartha Tbk on Thursday, November 21. Prior to the recent acquisition through PT Sinarmas Sekuritas, this investor had almost 30% of BSIMs shares; nevertheless, the investor now owns nearly 60% of the...
JAKARTA – Foreign investors have been increasingly reducing their holdings in PT Bank BTPN Syariah Tbk (BTPS) over the past week, following a significant drop in the stock price since the beginning of this year. According to data from .com, as of 1:46 PM WIB today (26/11), BTPS stock has plummeted 44.91%, or 750 points,...
JAKARTA - On Friday, November 22, an individual investor by the name of Hapsoro became a new investor in PT Sanurhasta Mitra Tbk (MINA), a property developer in Sanur, Bali. Through PT Trimegah Sekuritas Indonesia Tbk, around375.97 million MINA shares were acquired, giving this investor about 5.73% of the shares. Additionally, Yulisar Khiat continued to...
The Reserve Bank of New Zealand reduced its benchmark interest rate by 50 basis points on Wednesday, as inflation moved close to the midpoint of the target range and economic output remains below its potential. The Monetary Policy Committee governed by Adrian Orr decided to reduce the Official Cash Rate to 4.25 percent from 4.75...
European stocks are seen opening broadly lower on Wednesday as investors ponder over Donald Trumps tariff plans and await the Feds preferred readings on consumer price inflation later in the day for additional clues on the Feds rate trajectory. Trump on Tuesday named another China sceptic, Jamieson Greer, his trade envoy, a key figure in...