Rosseti, Russia’s state-owned electricity giant, intends to convert surplus energy into profit by utilizing idle power for Bitcoin mining, effectively repurposing excess electricity for the country’s grid.Rosseti aims to connect Bitcoin miners to underused power centers, optimizing capacity, boosting tariff revenue, and supporting regional economic growth through taxes. Rosseti, Russia’s largest grid company, is exploring...
MicroStrategy purchased 10,107 BTC for $1.1 billion, bringing its total holdings to 471,107 BTC worth $30.4 billion.The company’s shareholders approved increased share capital to support its Bitcoin-focused strategy. Business intelligence firm MicroStrategy, led by Michael Saylor, disclosed its most recent Bitcoin procurement in a company release. The press release reveals that it bought 10,107 BTC...
Global crypto valuations crumbled by $140 billion, fueling fear as on-chain signals hinted at a deeper slide for Bitcoin and Ethereum.DeepSeek’s AI surge, powered by Nvidia’s H800 chips, rattled markets worldwide and overshadowed ChatGPT, sparking concerns about Nvidia’s future outlook. The crypto market experienced a dramatic collapse early Monday, as the global market cap toppled...
Bitcoin dropped below $100,000 as U.S. stocks fell, driven by market uncertainty and AI competition.The Federal Reserve’s rate decision and short-term holder losses add to Bitcoin’s volatile outlook. Bitcoin prices fell below $100,000 during Jan. 27 market hours when U.S. stock futures began declining. The cryptocurrency market continues to face growing risks from Federal Reserve...
The search for crypto-related keywords attained new heights on Google.The industry got a massive boost recently from the TRUMP and MELANIA memecoin launches. Google search interest for “crypto” reached a three-year high recently, fueled by President Donald Trump’s newly launched memecoins. Trump introduced an official memecoin project on January 18, just days before his inauguration...
JAKARTA – Indonesia Stock Exchange (IDX) lists 5 issuers with highest transaction value in November 2024. As the name suggests, even the smallest transaction value reached IDR 13 trillion within 20 days. Based on the data compiled by IDNFinancials today (3/12), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)registered transaction value of IDR 26.57 trillion in...
JAKARTA – The stock performance ofPT Harta Djaya Karya Tbk (MEJA) skyrocketed 179.79% since its debut on the stock exchange on February 12, 2024, until closing bell this Tuesday (3/12). However, it does not align with its insignificant shift in profit until H1 2024. Based on IDNFinancials data, MEJA saw 3.37% climb to IDR 306...
JAKARTA -PT Elang Mahkota Teknologi Tbk (EMTK) is planning a private placement in regard to Management Employee Stock Option Plan (MESOP) program, valued at IDR 32.7 billion. In the information disclosure quoted Tuesday (3/12), total shares issued in MESOP Phase II is said to reach 75 million shares of IDR 20 each. The exercise price...
JAKARTA - On Tuesday, December 3, foreign investors upped their share purchasing and selling activity, with almost 6 billion shares bought and 4.43 billion shares sold. The net foreign volume then surplus and ended at 1.56 billion shares. Foreign investors began buying shares by purchasing 3.45 billion shares of the digital company PT GoTo Gojek...
JAKARTA. The Composite Stock Price Index (IHSG) in trading today Tuesday (3/12) strengthened (rebounded) 2.11% or 149.03 points to the level of 7,196.02, after falling earlier this week. JCI touched its lowest point in todays trading at level 7,102.22, and touched its highest point at the close of todays trading. The number of shares traded...