Worksport integrates Bitcoin and XRP into its treasury to enhance efficiency and shareholder value.By accepting Bitcoin and XRP for payments, Worksport aims to streamline transactions and reduce fees by up to 37%. n addition to the recent CNF update discussing Bitcoin and Ripple’s XRP surge, U.S.-based manufacturer Worksport has joined the cryptocurrency trend by integrating...
The Salvadoran government is committed to purchasing one Bitcoin daily, showing consistent investment in cryptocurrency.El Salvador has accumulated 5,955 Bitcoins, reflecting a strategic focus on integrating Bitcoin into its economy. The Salvadoran government has maintained a strong commitment to Bitcoin as part of its economic strategy, buying one Bitcoin per day since November 16, 2022....
A Standard Chartered Bank executive has predicted that Bitcoin could bounce back to reach a new all-time-high price at $125k before the year ends. His prediction is based on three main factors: the possible removal of Staff Accounting Bulletin-121 (SAB-121), the change in the US political climate, and macroeconomic factors. Bitcoin (BTC) recently breached a crucial...
Bitcoin proponents have slammed the massive XRP rally, calling it unsustainable.XRP proponents dismissed the claims, outlining why XRP deserves the growth. Bitcoin (BTC) proponents have raised concerns regarding XRP’s latest rally. Some predict the meteoric rise could result in a disastrous collapse, even labeling it the “mother of all rugpulls.” XRP has lost a substantial...
Bill Dudley warns Bitcoin reserves could harm U.S. interests and the dollar’s global reserve status.Senator Lummis proposes U.S. Bitcoin reserves, aiming for 1M BTC to reduce national debt. Bill Dudley, the former chairman of the New York Federal Reserve, has expressed serious worries about Bitcoin’s prospective inclusion in the US national reserves, according to Bloomberg....
JAKARTA. PT Merdeka Battery Materials Tbk (MBMA), a nickel mining issuer that supplies battery raw materials for electric vehicles, will carry out additional capital without providing pre-emptive rights (PMTHMETD) or private placement. The number of new shares to be issued by MBMA is 10.79 billion shares. This is equivalent to 10% of the companys issued...
JAKARTA. PTMap Aktif Adiperkasa Tbk (MAPA), a subsidiary of PT Mitra Adiperkasa Tbk (MAPI), posted a net profit of IDR 1.1 trillion in the first nine months (9M) of 2024. This gain increased 7.3% year-on-year (yoy) or compared to 9M 2023. This growth was supported by net income performance which reached IDR 12.4 trillion, up...
JAKARTA - PT Metrodata Electronics Tbk (MTDL) posted growth in revenue and profit performance in the first nine months of this year. Hardware sales remain the main contributor to this issuers revenue. Financial Report for the Third Quarter 2024 quoted on Thursday (31/10), Susanto Djaja, President Director of MTDL said that net income rose 14.12%...
JAKARTA. PT Selamat Selamat Tbk (SMSM), an automotive component manufacturer, will distribute an interim dividend of IDR 201.55 billion or IDR 35 per share. Ang Andri Pribadi, Deputy President Director of SMSM, conveyed that this plan was in accordance with the decision of the companys board of directors several days ago. It was approved by...
JAKARTA - Even though PT Samator Indo Gas Tbk (AGII)s revenue rose slightly by 2.85%, its profit fell by 27.03% in the third quarter of 2024 from the same period in 2023. This decline in performance was influenced by an increase in selling and general expenses. Based on the Financial Report for the Third Quarter...