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Search Result for “blockchain”

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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.