Showing 1 - 10 of 46
Bitcoin slumps as Fed vows to keep rates steady longer
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Bitcoin tumbled to a two-month low of around US$57,000 after Federal Reserve chairman Jerome Powell remarked that interest rates are likely to stay higher for longer as the central bank tries to stamp out stubborn inflation.
Binance founder gets 4 months in US prison
Published on 01/05/2024
» SEATTLE - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange.
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
Hong Kong spot crypto ETFs to start trading next week
Published on 26/04/2024
» Hong Kong-listed spot bitcoin and ether exchange traded funds aim to start trading on April 30, three asset managers that provide the products said on Wednesday.
US seeks to jail Binance founder
Published on 24/04/2024
» NEW YORK - Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, should serve three years in prison after pleading guilty to violating laws against money laundering, US prosecutors said on Tuesday.
Online scam crackdown focuses on P2P crypto channel
Business, Komsan Tortermvasana, Published on 11/04/2024
» State authorities working to suppress online scams have joined forces, pushing for the development of rules to supervise the purchase and sale of cryptocurrencies on a peer-to-peer (P2P) basis.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
Business leaders push sustainable intelligence
Business, Published on 21/03/2024
» Corporations are urged to embrace a sustainable intelligence paradigm empowered by artificial intelligence (AI) to deal with the changing industry landscape.
Gulf presents plan for energy, digital asset and virtual bank
Business, Published on 21/03/2024
» Gulf Energy Development, one of Thailand's largest private power producers, has outlined strategies to expand to digital asset exchange and virtual banking businesses, while continuing to build its key energy segment.
Binance sees Bitcoin exceeding $80,000 before year-end
Business, Nareerat Wiriyapong, Published on 19/03/2024
» Increasing inflows into crypto-backed exchange-traded funds (ETFs) and the reduction in supply once it is halved next month could push Bitcoin prices to exceed the previous forecast of US$80,000 before year-end, says Binance chief executive Richard Teng, as he vows to work with a local partner to expand the company's presence in the Thai market.