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Search Result for “cryptocurrency”

Showing 1 - 10 of 14

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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 claws back from steep losses as crypto traders buy dip

Bloomberg News, Published on 06/08/2024

» SINGAPORE - Bitcoin inched back to briefly top US$56,000 on Tuesday after a bout of risk aversion in global markets inflicted steep losses on most major cryptocurrencies.

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INVESTMENT

Bitcoin hits 6-week high in wake of Trump’s pro-crypto speech

Published on 29/07/2024

» Bitcoin touched its highest level since mid-June after Donald Trump expanded his pro-crypto agenda and as expectations for US Federal Reserve interest-rate cuts bolstered investor sentiment.

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INVESTMENT

Trump media shares soar on re-election bid boost

Bloomberg News, Published on 16/07/2024

» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.

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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

Bitcoin drops to one-month low in broad crypto market selloff

Bloomberg News, Published on 18/06/2024

» NEW YORK - Bitcoin slid to a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.

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INVESTMENT

Bitcoin miners pivot to Southeast Asia after China crackdown

Bloomberg News, Published on 14/06/2024

» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.

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INVESTMENT

Ministry strips Zipmex's licences

Nuntawun Polkuamdee, Published on 12/06/2024

» The Finance Ministry has revoked the digital asset business licences of Zipmex Thailand as requested by the Securities and Exchange Commission (SEC), citing the company's financial status could cause damages to investors while personnel is inadequate to operate efficiently.