The Indonesia stock market on Friday ended the two-day losing streak in which it had slumped almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and its expected to open in the green again on Monday. The global forecast is positive, supported by increasing...
The Thai stock market rebounded on Friday, one day after snapping the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,445-point plateau and its tipped to open to the upside again on Monday. The global forecast is positive,...
Consumer sentiment in the euro area deteriorated more than expected to its lowest level in five months in November, preliminary results of a survey by the European Commission showed on Thursday. The flash consumer confidence index for Eurozone fell to -13.7 from -12.5 in October. Economists were looking for a score of -13.0. The latest...
The Canadian dollar advanced against its most major counterparts in the New York session on Thursday amid higher oil prices, as Russia-Ukraine tensions intensified and fuelled concerns about disruption in oil supplies. Ukraines air force claimed that Russia has fired an intercontinental ballistic missile at the country, although Russia has refused to comment on the...
Cardano’s (ADA) chart analysis suggests a potential 140% surge after a bullish wedge correction and higher low formation.Technical analysis highlights a bullish outlook for Cardano, with significant momentum expected in the coming weeks. According to popular crypto analyst Alan Santana, Cardano (ADA) has a promising future. In a thorough post on TradingView, Santana revealed that...
Stacks’ Nakamoto and sBTC upgrades revolutionized its network, enhancing speed, capacity, and Bitcoin utility for long-term adoption.Stacks fosters developer innovation with dApps like VelarBTC and BitFlow, backed by a resilient, supportive community. Recently expressing his ideas on why he is still optimistic about Stacks, crypto influencer Moneystack discussed the project’s accomplishments, effects on the Bitcoin...
Institutional investors are steadily increasing their Bitcoin holdings as retail investors sell off prematurely, driven by impatience and financial pressure.Bitcoin’s appeal grows amid global economic uncertainty, with institutions adopting it as a hedge against inflation and financial instability. The Modern Investor has discussed a significant issue in the crypto market: institutional players are silently accumulating...
Ethereum’s long-term holders surged to 74.7%, surpassing Bitcoin’s 60%, reflecting a shift in investor confidence and strategy.Bitcoin faces challenges with low demand signals while Ethereum’s ecosystem thrives, driven by staking, DeFi, and rising adoption. The crypto market is turning its head, with Ethereum at the center of that change. Recent data from IntoTheBlock highlights a...
Bitcoin’s (BTC) recent double-bottom pattern hints at potential recovery amid volatile market conditions.A weaker dollar and potential quantitative easing could create favorable conditions for crypto market growth. Crypto influencer Lark Davis is weighing in on the possible implications of Bitcoin’s recent rebound, which is gaining traction amid volatile market movements. In his most recent YouTube...
Pinago Utama Tbk (PNGO), a company in the integrated palm and rubber plantation industry, signed investment credit facility agreement worth IDR 170 billion from PT Bank Mandiri (Persero) Tbk (BMRI). Meli Tantri, Director of PNGO, mentioned that this credit facility will boost its cash flow. “It then affects the business sustainability of the company,” she...