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Search Result for “ftx”

Showing 1 - 10 of 11

BUSINESS

Analysts expect crypto bull market to persist

Business, Nuntawun Polkuamdee, Published on 03/11/2025

» Renewed US-China trade tensions sparked a massive sell-off in the crypto market last month, with Bitcoin plunging from US$122,000 to $107,000 at one point, but analysts are referring to it as a "deep but temporary" reset, adding the bull cycle is not over yet.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Asian shares gain as bank worries ease

Business, Nuntawun Polkuamdee, Published on 01/04/2023

» RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.

BUSINESS

China optimism lifts Asian equities

Business, Nuntawun Polkuamdee, Published on 07/01/2023

» RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.

BUSINESS

Asian shares follow Wall Street downward

Business, Nuntawun Polkuamdee, Published on 24/12/2022

» RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.

BUSINESS

Asian shares fall amid tougher rate talk

Business, Nuntawun Polkuamdee, Published on 17/12/2022

» RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.

BUSINESS

Investors desert Binance

Business, Nuntawun Polkuamdee, Published on 15/12/2022

» Thai cryptocurrency pundits are recommending investors withdraw digital assets from Binance amid a run on the world's largest crypto exchange, moving their money to a safer crypto exchange in Thailand regulated by the Securities and Exchange Commission (SEC).

BUSINESS

SEC readies stricter rules for digital assets

Business, Nuntawun Polkuamdee, Published on 13/12/2022

» The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

BUSINESS

Easing of Chinese Covid curbs lifts equity sentiment

Business, Nuntawun Polkuamdee, Published on 03/12/2022

» RECAP: Asian shares were mixed yesterday as investors were heartened by the possible easing of Covid curbs in China, while they awaited job figures in the United States that could determine whether the Federal Reserve will start to moderate its interest-rate increases as widely expected.