Indian shares eked out modest gains on Tuesday after suffering heaving losses in the previous session on worries about the HMPV Virus outbreak in the country. As the total number of virus cases in India increased to five, state governments and authorities have reassured the pubic that there was no need to panic. Firm global...
The euro strengthened against other major currencies in the European session on Tuesday, after Eurozone inflation rose to the highest level in five months in December largely reflecting higher services cost. Data from Eurostat showed that the harmonized index of consumer prices climbed 2.4 percent from a year ago, following a 2.2 percent gain in...
A recent survey shows that U.S. investors are adapting their strategies in response to economic uncertainty, with 75% planning to increase their ETF holdings.The approval of U.S. Bitcoin and Ethereum ETFs in 2024 has been instrumental in driving the adoption of digital assets among institutional investors. Brown Brothers Harriman (BBH), a leading financial services firm...
Jack Du Rose transitioned from jewelry design to crypto by founding Colony, a DAO platform for global collaboration.He believes DAOs could reshape how people work together across borders, without traditional hierarchy. While most people associate diamonds with luxury, Jack Du Rose saw it as the beginning of a much deeper transformation. He was once known...
Shiba Inu is showcasing a tempered growth outlook amid a broader market drawdown.Despite this outlook, market analysts are confident a rally is lurking for SHIB. Shiba Inu (SHIB) is currently on analysts’ radar with a forecast of a potential rally despite the current market outlook. In a recent post, a top crypto analyst, World of...
Brazil’s Vice President advisor sees Bitcoin reserves as essential for long-term national prosperity and economic resilience.Lawmakers propose allocating 5% of Brazil’s reserves into Bitcoin, aiming to modernize and diversify state financial strategies. A surprising statement came from Pedro Giocondo Guerra, a senior advisor to the Vice President of Brazil. He said that Bitcoin is not...
An executive of Fidelity Investments has explained the possibility of Bitcoin overtaking gold; he says it is possible but could happen in decades. Having observed that the precious metal could appreciate faster than the historical compound annual growth rate (CAGR) of 8%, the executive thinks “gold will always be Bitcoin’s quieter older sibling.” The director of...
JAKARTA – PT Aneka Tambang Tbk (ANTM), through its Precious Metals Processing and Refining Business Unit (UBPP Logam Mulia), officially launched a special edition of thematic gold to celebrate the upcoming 2025 Chinese New Year. Inspired by the theme of the Year of the Wood Snake, the launch took place in Jakarta on Wednesday (8/1)....
JAKARTA – Indonesia Stock Exchange (IDX) temporarily suspended transactions of PT Diamond Food Indonesia Tbk (DMND)as of yesterday (8/1). Apparently, within the past three months, its daily average transaction volume only reached below 10 thousand shares. Based on IDX data, DMND is listed under special monitoring list following low liquidity with listed criteria of daily...
JAKARTA – Inflation pressure is expected to increase in February 2025, as reflected in Price Expectation Index (IEH) of 160.2 points, higher than the January 2025 forecast of 157.8 points. This inflation forecast is based on Bank Indonesias Retail Sales Survey (SPE-BI) conducted in November 2024. According to the SPE-BI report published on Friday (10/1),...