The Hong Kong stock market on Friday ended the four-day winning streak in which it had rallied more than 310 points or 1.7 percent. The Hang Seng Index now sits just beneath the 17,800-point plateau although it may find renewed support on Monday. The global forecast for the Asian markets is upbeat on an improved...
The Indonesia stock market has moved higher in three straight sessions, gathering almost 130 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 7,250-point plateau and it\'s got a green light again for Monday\'s trade. The global forecast for the Asian markets is upbeat on an improved outlook...
Bitcoin (BTC) has struggled to halt its losing streak, trading around the $60,750 level and reaching an intra-day low of $60,752. This recent decline in Bitcoin’s price can be attributed to several factors, including significant BTC transfers by the German government and ongoing regulatory challenges faced by major crypto exchanges. Despite these pressures, recent surprise...
Bitcoin mining has become as cost-intensive as ever since the halving, with the asset’s “hashprice” at its lowest levels ever over the past two months, according to Hashrate Index data. The Difficulties Of Bitcoin Mining Hashrate Index data shows the hashprice was $92.20 per petahash/second (PH/s), per day as of April 19 – the day...
In the latest Bitcoin price prediction, BTC has surpassed the $61,500 mark, coinciding with a milestone where over one million addresses now hold at least one full Bitcoin. This surge underscores the growing trust in Bitcoin’s value and an upward trend in its long-term investment appeal. The expansion in the number of wholecoiners highlights Bitcoin’s...
Bitcoin miner CleanSpark Inc. has officially entered into a merger agreement with GRIID Infrastructure Inc., acquiring GRIID in an all-stock transaction valued at $155 million. The merger is expected to improve CleanSpark’s capabilities through an exclusive hosting agreement available through GRIID. As part of the agreement, 20 megawatts will be allocated to CleanSpark immediately, increasing...
Bitcoin (BTC) recently halted its losing streak and gained mild bullish traction around $61,500, reaching an intraday high of $62,150, suggesting chances of a bullish Bitcoin price prediction. This upward trend is linked to softer US macroeconomic data, which increased speculation about an impending Federal Reserve rate-cutting cycle this year, prompting a short-covering rally in...
In a press release issued on June 28th, Elastos, the SmartWeb ecosystem provider, announced a partnership with Layer 2 provider BEVM to develop a peer-to-peer loan offering denominated in Bitcoin. Elastos’ BeL2 aims to revolutionize global finance using Native Bitcoin! ✨ Discover the financial revolution from the ruins of WWII to the digital age and...
Indian shares look set to extend recent losses on Friday as positive U.S. economic data and hawkish comments from more Fed officials poured cold water on rate-cut hopes. Heightened geopolitical tensions may also weigh on markets after Israeli Prime Minister Benjamin Netanyahu said the country will make its \"own decisions\" on responding to Iran\'s unprecedented...
Asian stock markets are trading mostly sharply lower on Friday, following the mixed cues from Wall Street overnight, on ongoing concerns over the tensions in the middle-east with reports of Israel retaliating to last weekend\'s attacks. Interest rates continued to weigh on markets as the US Fed is now widely expected to hold off on...