Rumble strengthens its Bitcoin strategy by acquiring 188 BTC, reinforcing its commitment to digital assets as part of its financial strategy.Other companies, including Metaplanet and Semler Scientific, are also increasing Bitcoin holdings, showing growing institutional trust in cryptocurrency as a corporate asset. Rumble, a video sharing network that is commonly referred to as a YouTube...
Since January 2025, Bitcoin’s market has transitioned into a prolonged distribution phase, signaling a significant shift in investor behavior.External factors such as the implementation of tariffs, crypto hacks, and regulatory developments have all played a role in shaping investor sentiment. Glassnode’s weekly newsletter report has revealed that Bitcoin has entered a post-all-time-high (ATH) distribution phase....
Top Bitcoin ETF investors have yet to sell off their holdings amid market uncertainty.BTC price has entered a post-all-time high distribution phase with a potential trend reversal. Bitcoin (BTC) institutional investors have demonstrated faith in the flagship cryptocurrency despite a 25% drop since January. Most of these investors still hold on to their BTC Exchange-Traded...
Linda Jones, an avid XRP enthusiast, recently shared in an X post that demand for XRP is rising as institutions diversify their portfolios.Franklin Templeton has just filed for an XRP ETF, bringing the total number of XRP ETF filings to 11, as the SEC lawsuit against Ripple nears its conclusion. In recent developments, institutional investors...
JAKARTA. The Indonesia Stock Exchange (IDX) is targeting 407 securities listings throughout 2025, including 66 Initial Public Offerings (IPOs). Iman Rachman, President Director of the IDX, admitted that he is quite optimistic about the target, even though the global economy is still overshadowed by the risk of high interest rates. “When we talk about IPOs,...
JAKARTA - PT Pollux Hotels Group Tbk (POLI) sold its shares in two of its subsidiaries to PT Sentosa Prima Siji (SPS) in a transaction earlier this week (30/12). Maria Indah Pratiwi, Director of POLI, said that POLIs subsidiaries that sold their shares were PT Aman Berkat Cemerlang (ABC) and PT Batam Bintang Bahana (BBB)....
JAKARTA – On the first trading day of 2025, foreign transactions ended with a net sell of 337.04 million shares. Foreign investors purchased 3.36 billion shares on Thursday, January 2, but sold over 3.70 billion shares. PT Metro Healthcare Indonesia Tbk (CARE), a hospital and integrated health services provider, topped the list of the top...
JAKARTA – Analyst at PT Binaartha Sekuritas, Nafan Ali, mentioned that the prospect of retail sector in Indonesia is quite promising, supported by solid economic foundation and increased domestic consumption. Said prospect, said Ali, could be the positive catalyst needed for issuers in the retail sector, such as PT Daya Intiguna Yasa Tbk (MDIY), or...
JAKARTA – Jakarta Stock Price Composite Index (JCI) saw 0.75% or 52.71-points increase to 7,036.57 last week, led by some of blue-chip state-owned stocks. For example, PT Telkom Indonesia (Persero) Tbk (TLKM)is leading the Top Leaders board with 7.48% jump in price, thus boosting the index by 22.42 points. TLKM was followed by PT Bank...
China will on Tuesday see December results of the manufacturing, non-manufacturing and composite PMIs from the National Bureau of Statistics, highlighting a light day for Asia-Pacific economic activity. In November, their scores were 50.3, 50.0 and 50.8, respectively. South Korea will release December data for consumer prices, with forecasts suggesting an increase of 0.2 percent...