Tether added 8,888 BTC to its reserves, aligning with its strategy of allocating 15% of profits toward strengthening long-term Bitcoin holdings.The move reinforces its position as a major Bitcoin holder while supporting diversification efforts beyond traditional assets through consistent crypto reserve expansion. Tether has moved quickly and quietly to add 8,888 Bitcoin to its reserves....
Short-term holders now control just 40% of network wealth, down from nearly 50% earlier in 2025.Compared to previous cycles, new investor dominance remains low, suggesting a more balanced market landscape. Bitcoin short-term holders (STH) now hold only about 40% of the network’s total wealth, according to Glassnode. In early 2025, that number was close to...
JAKARTA – The stock performance of PT Samcro Hyosung Adilestari Tbk (ACRO)andPT Manggung Polahraya Tbk (MANG) has declined after being listed on the stock market for a year since January 11, 2024. As of the close of trading last weekend (10/1), the share prices of these two companies dropped by 33.3% and 7%, respectively. According...
JAKARTA – PT Delta Giri Wacana Tbk (DGWG), a producer of chemicals for the agricultural industry, officially listed on the Indonesia Stock Exchange (IDX) today (13/1). DGWG offered 882.35 million shares with a nominal value of IDR 100 per share to the public, representing 15% of its issued and paid-up capital after the IPO. With...
JAKARTA – PT Indika Energy Tbk (INDY) has appointed Macmahon Holding Limited to develop the Awak Mas gold mining project in South Sulawesi. The Awak Mas gold mine spans a concession area of 14,390 hectares. Adi Pramono, Corporate Secretary of INDY, announced that the mining services contract is valued at USD 463 million for a...
JAKARTA –PT Cashlez Worldwide Indonesia Tbk (CASH) has a new president director on board, Willy Chandry, who was appointed during Extraordinary General Meeting of Shareholders last Thursday (9/1). Chandry is replacing Irianto Kusumadjaja. His new appointment is expected to be a strategic measure to boost the company’s performance to the next level. In the information...
JAKARTA – PT Bank Syariah Indonesia Tbk (BRIS) or BSI recorded a transaction volume of IDR 85 trillion in Government Sharia Securities (SBSN) from January to November 2024, marking a growth of 65.38%. Anton Sukarna, Director of Sales & Distribution at BSI, in an official statement, revealed that the increase in SBSN transactions achieved by...
Australia posted a seasonally adjusted merchandise trade surplus of A$7.079 billion November, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$5.750 billion following the upwardly revised A$5.670 billion surplus in October (originally A$5.593 billion). Exports were up 4.8 percent on month to A$43.816 billion, up from the downwardly...
The value of retail sales in Australia was up a seasonally adjusted 0.8 percent on month in November, the Australian Bureau of Statistics said on Thursday - coming in at A$37.052 billion. That was shy of expectations for an increase of 1.0 percent but was up from 0.6 percent in October. Among the individual components,...
The China stock market has moved higher in back-to-back sessions, collecting almost 25 points or 0.8 percent along the way. The Shanghai Composite Index now sits just above the 3,230-point plateau although it may spin its wheels on Thursday. The global forecast for the Asian markets is flat and directionless on conflicting leads over the...