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Search Result for “blockchain”

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INVESTMENT

Bitcoin flirts with $65,000 on Powell pivot, streak of ETF flows

Published on 26/08/2024

» Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.

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INVESTMENT

Crypto here to stay

Nuntawun Polkuamdee, Published on 19/08/2024

» Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world's top-performing assets in the first seven months of 2024 along with Nvidia, one of the "Magnificent 7" tech stocks on the US stock exchange.

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INVESTMENT

Bitcoin falls to lowest since Feb

Bloomberg News, Published on 05/07/2024

» SINGAPORE - Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.

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INVESTMENT

Bitcoin slides on Biden drama, risk of sales linked to Mt Gox

Bloomberg News, Published on 04/07/2024

» SINGAPORE - A third-straight daily slide in Bitcoin took the digital asset close to levels last seen in February amid challenges including political drama in the United States and the potential for disposals by creditors of the failed Mt Gox exchange.

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INVESTMENT

Upbeat ETF outlook spurs Ethereum

Business, Nuntawun Polkuamdee, Published on 24/05/2024

» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.

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INVESTMENT

Bitcoin's 'halving': what is it and does it matter?

Reuters, Published on 19/04/2024

» LONDON - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of US$73,803.25 in March.

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INVESTMENT

Bitcoin halving set to reshape market

Business, Nuntawun Polkuamdee, Published on 19/04/2024

» The upcoming Bitcoin halving has the potential to reshape the digital asset industry as the four-year cyclical event restricts the influx of new Bitcoin, supports long-term price appreciation and drives institutional interest in the world's largest crypto currency, according to Gulf Binance.