Bitcoin, Pi Network, and Hedera are in focus this week, with major events and partnerships influencing their market potential.Pi Network’s exchange listing speculation, Bitcoin’s White House Summit, and Hedera’s Swift partnership could drive price surges. In February, Pi Network gained traction alongside Bitcoin, Dogecoin, and BNB, as highlighted by CNF. This week, the cryptocurrency market...
The CEO of MicroStrategy, Michael Saylor, has reacted to the recent confirmation of Bitcoin being “at the heart” of the much anticipated crypto strategic reserve. Several Bitcoin maximalists also criticize the inclusion of XRP, ADA and SOL in the initiative as they claim these assets could mislead investors. MicroStrategy’s Michael Saylor has weighed in on the...
Senator Lummis suggests the U.S. should buy Bitcoin to shift global competition from weapons to digital asset dominance.The proposed U.S. Bitcoin reserve could influence China and Russia, sparking a new geopolitical race in crypto adoption. Senator Cynthia Lummis has made waves again for advocating that the United States purchase Bitcoin as part of a geopolitical...
President Donald Trump has announced that the country’s strategic crypto reserve will include Bitcoin, Ethereum, XRP, Solana, Cardano, and other significant cryptocurrencies.Including XRP in the reserve has ignited a debate between Bitcoin and XRP supporters, as industry experts emphasize the fundamental differences in their philosophies. U.S. President Donald Trump has announced on Truth Social the...
Yakovenko dismisses Bitcoin’s value, viewing it as crisis insurance rather than an investment.Bitcoin’s market position remains debated, with gold outperforming BTC since Trump took office. After previously suggesting that Bitcoin might transition to a hybrid proof-of-stake model as its role in national reserves grows, Solana co-founder Anatoly Yakovenko has now sparked debate by asserting that...
JAKARTA - PT Samcro Hyosung Adilestari Tbk (ACRO), a hook and loop (velcro) trading company that debuted on the stock exchange earlier this year, will distribute an interim dividend of IDR 7.59 billion. Chung Tae Sung, President Director of ACRO, said that the plan was a decision of the board of directors, which was approved...
JAKARTA - Foreign investor CGS International Securities Singapore Pte Ltd boosted its stake in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an energy infrastructure business, by 147.23 million shares on Thursday, December 19. The investors share amount went up slightly from 16.15% to 16.38%. The same investor also made the decision to cut the number of...
Jakarta - The Indonesia Stock Exchange (IDX) announced that it will delist 8 listed companies in 2025. The exchange will delist the company on July 21, 2025 because of bankruptcy. The eight issuers have time to submit share buyback information disclosure until January 18, 2025. The buyback implementation period as regulated by the stock exchange...
Jakarta - PT Waskita Beton Precast Tbk (WSBP) plans a capital expenditure (capex) of IDR 50 billion in 2025. This value increased by 20 billion (60%) compared to the realization of capex in 2024. According to WSBPs Director of Finance, Risk Management & Legal, Fathul Anwar, the capex funds will be used to repair precast...
JAKARTA - On Monday, December 23, foreign transactions were slightly different, with net foreign volume closing at -33.03 million shares. The figure was generated from the difference between foreign buy volume (2.97 billion shares) and foreign sell volume (3.01 million shares). On the top sell list, the most sold shares belonged to the digital company...