The Indonesia stock market on Thursday wrote a finish to the four-day winning streak in which it had rallied almost 150 points or 2.2 percent. The Jakarta Composite Index now sits just beneath the 7,400-point plateau and its expected to extend its losses on Friday. The global forecast for the Asian markets is soft, with...
The Thai stock market has finished lower in three straight sessions, slipping more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,440-point plateau and it may take further damage again on Friday. The global forecast for the Asian markets is soft, with oil...
The Canadian market closed weak on Tuesday, weighed down by losses in healthcare and technology sectors. Stocks from energy and real estate sectors too found the going tough. The mood was cautious with investors looking ahead to the Bank of Canadas interest rate decision and U.S. consumer price inflation data, due on Wednesday. The Canadian...
The South Korea stock market on Tuesday ended the four-day losing streak in which it had plunged almost 140 points or 5.6 percent. The KOSPI now sits just beneath the 2,420-point plateau although it may see renewed consolidation again on Wednesday. The global forecast for the Asian markets is negative, with weakness expected from the...
The Japanese stock market has tracked higher in back-to-back sessions, advancing more than 270 points or 0.7 percent along the way. The Nikkei 225 now sits just above the 39,360-point plateau although it may run out of steam on Wednesday. The global forecast for the Asian markets is negative, with weakness expected from the computer,...
The Malaysia stock market has ticked lower in three straight sessions, slipping almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau and it may take further damage again on Wednesday. The global forecast for the Asian markets is negative, with weakness expected from...
Binance introduces Solayer (LAYER) as the eighth project in its HODLer Airdrops program, leveraging high-speed InfiniSVM blockchain architecture.Solayer integrates with Solana Virtual Machine (SVM) and utilizes RDMA and SDN technology to enable seamless, ultra-fast blockchain transactions. Binance has officially announced Solayer (LAYER), the eight project in its HODLer Airdrops program. Claimed to be able to...
SEC’s approval odds for XRP ETFs stand at 65%, influenced by legal challenges and a shift in regulatory stance after court rulings. Due to the SEC recognizing their commodity status, Dogecoin and Litecoin ETFs have higher approval chances, with 75% and 90% odds, respectively. The U.S. Securities and Exchange Commission (SEC) could soon decide to approve...
Analysts predict a 90% chance of SEC approval for a Litecoin ETF by 2025 because it is likely considered a commodity.Other crypto ETFs, such as XRP and Solana, face regulatory hurdles, but more filings are expected as the market evolves. Bloomberg ETF analysts James Seyffart and Eric Balchunas predict that the U.S. Securities and Exchange...
Gumi Inc., a Tokyo-based mobile game studio, plans to invest ¥1 billion ($6.58 million) in Bitcoin to strengthen its digital asset strategy.Inspired by Metaplanet and Strategy, Gumi Inc. aims to integrate Bitcoin into its financial reserves, reflecting a broader trend in Japan. Gumi Inc., a Tokyo-based mobile gaming studio listed on the Tokyo Stock Exchange,...