Indian shares look set to open on a cautious note Wednesday after initial estimates from the government showed the Indian economy is set to grow at the slowest pace in 4 years in the fiscal year 2024-25. Gross domestic product is expected to grow 6.4 percent in the financial year ending March 31, marking the...
Indian shares opened slightly lower on Wednesday as upbeat U.S. economic data prompted traders to pare rate cut bets. The benchmark S&P/BSE Sensex was down 110 points, or 0.1 percent, at 78,092 in early trade, tracking a firmer dollar and elevated bond yields in international markets. The broader NSE Nifty index dropped 25 points, or...
Sei Foundation was launched in Manhattan to push crypto adoption among U.S. institutions through direct developer and ecosystem support.The nonprofit explores decentralized science funding and blockchain-based data storage, expanding its reach beyond traditional crypto applications. Sei Network officially announced the establishment of the Sei Development Foundation, a non-profit organization now headquartered in Manhattan, United States....
Trump’s role in WLFI and its stablecoin USD1 raises alarms about political influence over U.S. monetary systems. As regulatory pressure builds, BTC reacts with caution, reflecting market unease amid growing government-crypto friction. With the growing spotlight on the Trump family’s expanding presence in the cryptocurrency space—most notably through Bitcoin mining and stablecoin ventures as CNF...
Eric Trump calls Bitcoin the greatest store of value, backing his belief with the launch of a mining firm and endorsement of DeFi innovation. As traditional finance distances itself from the Trump brand, crypto becomes a strategic hedge—politically and economically. According to recent updates surrounding the U.S. Embraces Bitcoin narrative, CNF reports in an earlier...
Bitcoin is seeing consolidations amid Liberation Day market expectations.Experts believe the market might have priced in BTC price, easing tariff-driven selloff concerns. The price of Bitcoin (BTC) climbed over $100,000 in January, boosted by hype around Donald Trump’s new administration. Investors hoped regulatory reforms and the Bitcoin Strategic Reserve would boost prices. Instead, the crypto...
Among the top 10 assets by market cap, Solana, Bitcoin, and Ripple are demonstrating strong fundamentals that could potentially double their price gains.From the resolution of the SEC lawsuit to the upcoming government Bitcoin audit and Solana’s rising institutional interest, these assets are showing strong potential. The cryptocurrency market remains highly volatile, yet certain digital...
JAKARTA - The Composite Stock Price Index (JCI) fell 1.02% or 71.99 points to 7,016.88 on Monday (13/1) trading. The index touched its highest position at 7,089.57 and lowest at 6,986.59. In last weekends trading, the index closed at 7,088.87. The three stocks that weighed the most on JCI performance were PT Bank Rakyat Indonesia...
JAKARTA –PT Platinum Wahab Nusantara Tbk (TGUK), the owner of beverages brand Teguk, had closed down over 100 of its outlets in 2024. The company now only retains 35 stores. The management of TGUK mentioned that the close-down of stores resulted from inconducive market condition, especially for middle-low-income households. “People’s purchasing power are extremely scarce,...
JAKARTA – The Bayan Group carried out mining exploration activities in three areas with a total expenditure of USD 2.49 million in the fourth quarter of 2024. In a disclosure on Friday (10/1), Jenny Quantero, Director of PT Bayan Resources Tbk (BYAN), stated that the mining exploration activities were conducted by third parties in three...