Cardano (ADA) has been predicted to rise as high as $10 as it breaks out of a falling wedge to breach a crucial psychological level. Another analyst has pointed out the formation of a bullish price pattern that could see ADA hitting $1.3 and $1.7. Cardano (ADA) recently recorded a yearly high of $1.318 after breaking...
MicroStrategy’s Bitcoin holdings reached 402,100 BTC, making it a top institutional holder in 2024.Michael Saylor advocates for the U.S. to replace gold reserves with Bitcoin to strengthen the dollar’s global status. MicroStrategy has consistently established itself as a prominent Bitcoin enthusiast and investor, thereby revolutionizing the way corporations manage digital assets. Declared on December 2,...
El Salvador’s Bitcoin portfolio has unrealized gains of $333 million, showcasing significant investment success under President Bukele’s leadership.Only 7.5% of Salvadorans use Bitcoin for transactions, revealing limited adoption despite its legal tender status since 2021. El Salvador’s President, Nayib Bukele, recently disclosed the country’s Bitcoin portfolio data, coinciding with the cryptocurrency’s historic milestone of exceeding...
Timing is crucial during the Bitcoin cycle peak, as the profit window lasts only around 26 days per cycle.Altcoins typically peak two weeks after Bitcoin’s top, making strategic planning essential for investors. In his recent video, crypto influencer Lark Davis delves into the vital topic of the Bitcoin cycle peak price, offering valuable information for...
A group of Amazon shareholders have submitted a proposal to the company to consider allocating a portion of its assets to Bitcoin.Their reason is strongly based on the rising inflation rate in the US and the lower yield of bonds that make it difficult to break even. The National Center for Public Policy Research (NCPPR)...
JAKARTA - PT Voksel Electric Tbk (VOKS) will pay off two 2023 Shelf Registration Bonds worth a total of IDR 350 billion. From the information disclosure quoted on Friday (1/11), the two bonds that will be repurchased (buy back) include Shelf Registration Bonds I Phase II 2023 worth IDR 100 billion with a term of...
JAKARTA – PT Prodia Widyahusada Tbk (PRDA), the company that oversees the Prodia laboratory network, is still experiencing a downward trend in net profit until September 2024. In the first nine months of this year, the companys net profit was seen weakening by 17.5% year-on-year ( yo). This decrease in profit is the impact of...
JAKARTA - PT Puradelta Lestari Tbk (DMAS) received a loan facility of IDR 1.5 trillion from PT Bank Mandiri (Persero) Tbk (BMRI) for the development of the Deltamas area. This issuer manages the Deltamas area of 3,200 hectares (ha). Tondy Suwanto, Director of DMAS said that the credit facility was signed at the beginning of...
JAKARTA - PT Sinar Mas Agro Resources and Technology Tbk (SMAR) will distribute an interim dividend of IDR 301.58 billion from the 2024 financial year. Dividend payments will be made on (20/11). In an information disclosure quoted on Friday (1/11), Jimmy Pramono, SMAR Company Secretary, stated that the amount of dividends that will be distributed...
JAKARTA - PT Timah (Persero) Tbk (TINS) made a profit of IDR 908.81 billion in the third quarter of 2024, growing 169% from the previously set target. The growth in profit performance was due to the increase in sales volume and selling price of tin in the global market. In a press release quoted on...